XML 22 R7.htm IDEA: XBRL DOCUMENT v3.25.1
STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Operating activities    
Royalties received $ 26,727,564 $ 17,420,199
Arbitration award 71,185,029  
Interest received 1,693,908 755,017
Expenses paid (5,670,405) (3,569,265)
Net cash from operating activities 93,936,096 14,605,951
Financing activity    
Distributions to unitholders (17,712,013) (4,592,003)
Net change in cash and cash equivalents 76,224,083 10,013,948
Cash and cash equivalents, beginning of period 23,980,448 13,966,500
Cash and cash equivalents, end of period 100,204,531 23,980,448
Reconciliation of net income to net cash from operating activities    
Net income 93,274,243 18,983,336
Decrease (increase) in accrued income receivable 799,597 (1,936,796)
Decrease (increase) in contract asset 211,254 (451,896)
Decrease (increase) in prepaid expense 175,129 (170,414)
(Decrease) increase in accrued expenses (524,127) 479,842
(Decrease) increase in contract liability   (2,298,121)
Net cash from operating activities $ 93,936,096 $ 14,605,951