NOTES PAYABLE AND NOTES RECEIVABLE – RELATED PARTY	6 Months Ended
Jul. 31, 2025
Notes Payable And Notes Receivable Related Party
NOTES PAYABLE AND NOTES RECEIVABLE – RELATED PARTY	7. NOTES PAYABLE AND NOTES RECEIVABLE – RELATED PARTY On December 1, 2014, the Trust entered a Demand/Revolving Line of Credit/Promissory Note with Rare Earth Financial, LLC, an entity which is wholly owned by Mr. Wirth and his family members. The Demand/Revolving Line of Credit/Promissory Note, as amended on June 19, 2017, bears interest of up to 7.0% per annum for both a payable and receivable, interest is due quarterly but was paused beginning in Fiscal Year 2025, matured on August 24, 2025, and automatically renews annually each calendar year. No prepayment penalty exists on the Demand/Revolving Line of Credit/Promissory Note. The balance fluctuates significantly through the period. On December 30, 2020, the Demand/Revolving Line of Credit/Promissory Note was extended and increased to the current level of $2,000,000. As of July 31, 2025, and January 31, 2025, the Trust had an amount payable of approximately $1,718,000 and $1,151,000, respectively. During the six months ended July 31, 2025 and 2024, the Trust accrued approximately $0, respectively, of interest expense.

NOTES PAYABLE AND NOTES RECEIVABLE – RELATED PARTY

6 Months Ended

Jul. 31, 2025

Notes Payable And Notes Receivable Related Party

NOTES PAYABLE AND NOTES RECEIVABLE – RELATED PARTY

7. NOTES PAYABLE AND NOTES RECEIVABLE – RELATED PARTY

On December 1, 2014, the Trust entered a Demand/Revolving Line of Credit/Promissory Note with Rare Earth Financial, LLC, an entity which is wholly owned by Mr. Wirth and his family members. The Demand/Revolving Line of Credit/Promissory Note, as amended on June 19, 2017, bears interest of up to 7.0% per annum for both a payable and receivable, interest is due quarterly but was paused beginning in Fiscal Year 2025, matured on August 24, 2025, and automatically renews annually each calendar year. No prepayment penalty exists on the Demand/Revolving Line of Credit/Promissory Note. The balance fluctuates significantly through the period. On December 30, 2020, the Demand/Revolving Line of Credit/Promissory Note was extended and increased to the current level of $2,000,000. As of July 31, 2025, and January 31, 2025, the Trust had an amount payable of approximately $1,718,000 and $1,151,000, respectively. During the six months ended July 31, 2025 and 2024, the Trust accrued approximately $0, respectively, of interest expense.