SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Oct. 31, 2023

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of disaggregation of revenues

	Three Months Ended October 31,
	2023		2022
Base overriding royalties	$	2,214,651	$	—
Bonus royalties		2,252,620		—
Fee royalties		196,821		—
Total royalty income	$	4,664,092	$	—

	Nine Months Ended October 31,
	2023		2022
Base overriding royalties	$	8,550,118	$	3,829,720
Bonus royalties		7,050,557		5,722,317
Fee royalties		505,333		242,403
Total royalty income	$	16,106,008	$	9,794,440