Net income for fiscal year 2026 was $13,868,768, an 85.1% decrease compared to fiscal 2025. Total royalty income fell 34.9% to $16,570,204, driven by lower pellet shipments and decreased pricing. Total distributions declared to Unitholders in fiscal 2026 were $16,793,613 ($1.28 per unit), down 81.5% from the prior year. The prior year's results were bolstered by a non-recurring $71,185,029 arbitration award. Production and shipments from Trust lands totaled approximately 3.5 million tons, a 9.5% decrease from fiscal 2025.