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Statements of Cash Flows - USD ($)
9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Operating activities    
Royalties received $ 44,366,652 $ 10,724,507
Interest received 522,705 38,297
Expenses paid (2,544,191) (1,683,487)
Net cash from operating activities 42,345,166 9,079,317
Investing activities    
Maturities of U.S. Government securities 50,942,392 55,381,743
Sales of U.S. Government securities   236,992
Purchases of U.S. Government securities (41,035,723) (51,574,900)
Net cash from investing activities 9,906,669 4,043,835
Financing activity    
Distributions to unitholders (18,892,815) (17,187,214)
Net change in cash and cash equivalents 33,359,020 (4,064,062)
Cash and cash equivalents, beginning of period 12,500,941 10,177,655
Cash and cash equivalents, end of period 45,859,961 6,113,593
Reconciliation of net income to net cash from operating activities    
Net income 51,322,806 13,414,023
Increase in accrued income receivable (8,241,597) (1,113,742)
Decrease (increase) in contract asset (374,119) (736,137)
Increase in prepaid expense (107,937) (91,217)
Increase (decrease) in accrued expenses (253,987) 118,110
Increase (decrease) in contract liability   (2,511,720)
Net cash from operating activities 42,345,166 9,079,317
Non cash financing activity    
Distributions declared and payable $ 18,630,414 $ 4,723,204