Concentrations

9 Months Ended

Sep. 30, 2025

Risks and Uncertainties [Abstract]

Concentrations

Concentrations.

The mining royalty lands segment has a total of five tenants currently leasing mining locations and one lessee that accounted for 25.8% of the Company’s consolidated revenues during the nine months ended September 30, 2025, and $761,000 of accounts receivable at September 30, 2025. The termination of these lessees’ underlying leases could have a material adverse effect on the Company. The Company places its cash and cash equivalents with Wells Fargo Bank and TD Bank. At times, such amounts may exceed FDIC limits.