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Condensed Statements of Cash Flows - USD ($)
9 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Operating activities    
Royalties received $ 17,741,099 $ 10,987,764
Arbitration award 71,185,029  
Interest received 675,772 484,310
Expenses paid (5,076,989) (2,525,859)
Net cash from operating activities 84,524,911 8,946,215
Financing activity    
Distributions to unitholders (12,595,210)  
Net change in cash and cash equivalents 71,929,701 8,946,215
Cash and cash equivalents, beginning of period 23,980,448 13,966,500
Cash and cash equivalents, end of period 95,910,149 22,912,715
Reconciliation of net income to net cash from operating activities    
Net income 87,207,203 14,292,545
Increase in accrued income receivable (1,923,042) (1,861,870)
Increase in contract asset (217,380) (1,002,095)
Decrease (increase) in prepaid expense 93,448 (85,524)
Decrease in accrued expenses (635,318) (98,720)
Decrease in contract liability   (2,298,121)
Net cash from operating activities 84,524,911 8,946,215
Non cash financing activity    
Distributions declared and payable $ 5,116,804 $ 4,592,003