Distributable income for the quarter ended March 31, 2026, was $13.04 million, or $0.89 per unit. Royalty income for the quarter was $14.19 million, a 27% decrease compared to the first quarter of 2025. General and administrative expenses for the quarter totaled $1.22 million. The Trust maintains a passive structure with no debt and no capital expenditure requirements. Distributions per unit for the quarter were $0.321550, $0.283370, and $0.286230 for January, February, and March, respectively.