SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jul. 31, 2023

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of disaggregation of revenues

	Three Months Ended July 31,
	2023		2022
Base overriding royalties	$	5,373,668	$	(4,402,501)
Bonus royalties		4,090,094		(10)
Fee royalties		266,834		1,462
Total royalty income (loss)	$	9,730,596	$	(4,401,049)

	Six Months Ended July 31,
	2023		2022
Base overriding royalties	$	6,335,466	$	3,829,720
Bonus royalties		4,797,934		5,722,317
Fee royalties		308,512		242,403
Total royalty income	$	11,441,912	$	9,794,440