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Condensed Statements of Cash Flows - USD ($)
9 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Operating activities    
Royalties received $ 15,857,438 $ 44,366,652
Interest received 85,363 522,705
Expenses paid (1,540,146) (2,544,191)
Net cash from operating activities 14,402,655 42,345,166
Investing activities    
Maturities of U.S. Government securities 84,858,549 50,942,392
Purchases of U.S. Government securities (84,858,549) (41,035,723)
Net cash from (used for) investing activities   9,906,669
Financing activity    
Distributions to unitholders (47,625,638) (18,892,815)
Net change in cash and cash equivalents (33,222,983) 33,359,020
Cash and cash equivalents, beginning of period 47,727,522 12,500,941
Cash and cash equivalents, end of period 14,504,539 45,859,961
Reconciliation of net income to net cash from operating activities    
Net income 8,324,122 51,322,806
Decrease (increase) in accrued income receivable 4,597,050 (8,241,597)
Decrease (increase) in contract asset 1,431,633 (374,119)
Increase in prepaid expense (87,773) (107,937)
Increase (decrease) in accrued expenses 137,623 (253,987)
Net cash from operating activities $ 14,402,655 42,345,166
Non cash financing activity    
Distributions declared and payable   $ 18,630,414