2024 Q4 Form 10-Q Financial Statement
#000155837024016235 Filed on December 13, 2024
Income Statement
Concept | 2024 Q4 |
---|---|
Revenue | $79.00M |
YoY Change | 1513.58% |
Cost Of Revenue | $676.3K |
YoY Change | -16.5% |
Gross Profit | $78.33M |
YoY Change | 1816.89% |
Gross Profit Margin | 99.14% |
Selling, General & Admin | |
YoY Change | |
% of Gross Profit | |
Research & Development | |
YoY Change | |
% of Gross Profit | |
Depreciation & Amortization | |
YoY Change | |
% of Gross Profit | |
Operating Expenses | |
YoY Change | |
Operating Profit | |
YoY Change | |
Interest Expense | |
YoY Change | |
% of Operating Profit | |
Other Income/Expense, Net | |
YoY Change | |
Pretax Income | |
YoY Change | |
Income Tax | |
% Of Pretax Income | |
Net Earnings | $78.33M |
YoY Change | 1816.89% |
Net Earnings / Revenue | 99.14% |
Basic Earnings Per Share | $5.97 |
Diluted Earnings Per Share | |
COMMON SHARES | |
Basic Shares Outstanding | 13.12M |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q4 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | |
YoY Change | |
Cash & Equivalents | $95.91M |
Short-Term Investments | |
Other Short-Term Assets | |
YoY Change | |
Inventory | |
Prepaid Expenses | $204.2K |
Receivables | $3.883M |
Other Receivables | |
Total Short-Term Assets | $100.7M |
YoY Change | 286.99% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | |
YoY Change | |
Goodwill | |
YoY Change | |
Intangibles | |
YoY Change | |
Long-Term Investments | |
YoY Change | |
Other Assets | |
YoY Change | |
Total Long-Term Assets | $3.00 |
YoY Change | 0.0% |
TOTAL ASSETS | |
Total Short-Term Assets | $100.7M |
Total Long-Term Assets | $3.00 |
Total Assets | $100.7M |
YoY Change | 286.99% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | |
YoY Change | |
Accrued Expenses | |
YoY Change | |
Deferred Revenue | |
YoY Change | |
Short-Term Debt | |
YoY Change | |
Long-Term Debt Due | |
YoY Change | |
Total Short-Term Liabilities | |
YoY Change | |
LONG-TERM LIABILITIES | |
Long-Term Debt | |
YoY Change | |
Other Long-Term Liabilities | |
YoY Change | |
Total Long-Term Liabilities | |
YoY Change | |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | |
Total Long-Term Liabilities | |
Total Liabilities | $5.342M |
YoY Change | 9.6% |
SHAREHOLDERS EQUITY | |
Retained Earnings | |
YoY Change | |
Common Stock | |
YoY Change | |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | |
YoY Change | |
Total Liabilities & Shareholders Equity | $100.7M |
YoY Change | 286.99% |
Cashflow Statement
Concept | 2024 Q4 |
---|---|
OPERATING ACTIVITIES | |
Net Income | $78.33M |
YoY Change | 1816.89% |
Depreciation, Depletion And Amortization | |
YoY Change | |
Cash From Operating Activities | |
YoY Change | |
INVESTING ACTIVITIES | |
Capital Expenditures | |
YoY Change | |
Acquisitions | |
YoY Change | |
Other Investing Activities | |
YoY Change | |
Cash From Investing Activities | |
YoY Change | |
FINANCING ACTIVITIES | |
Cash Dividend Paid | |
YoY Change | |
Common Stock Issuance & Retirement, Net | |
YoY Change | |
Debt Paid & Issued, Net | |
YoY Change | |
Cash From Financing Activities | |
YoY Change | |
NET CHANGE | |
Cash From Operating Activities | |
Cash From Investing Activities | |
Cash From Financing Activities | |
Net Change In Cash | |
YoY Change | |
FREE CASH FLOW | |
Cash From Operating Activities | |
Capital Expenditures | |
Free Cash Flow | |
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Entity Central Index Key
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Document Fiscal Year Focus
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2025 | ||
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Document Fiscal Period Focus
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Q3 | ||
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Bonus Royalty Percentage
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|
0.005 | ||
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Document Type
DocumentType
|
10-Q | ||
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Document Quarterly Report
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true | ||
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Document Period End Date
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|
2024-10-31 | ||
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Document Transition Report
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1-4488 | ||
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Entity Registrant Name
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MESABI TRUST | ||
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Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NY | ||
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Entity Tax Identification Number
EntityTaxIdentificationNumber
|
13-6022277 | ||
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Entity Address Address Line1
EntityAddressAddressLine1
|
1 Columbus Circle, 17th Floor | ||
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Entity Address Address Line2
EntityAddressAddressLine2
|
Mail Stop: NYC01-1710 | ||
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Entity Address City Or Town
EntityAddressCityOrTown
|
New York | ||
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Entity Address State Or Province
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NY | ||
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Entity Address Postal Zip Code
EntityAddressPostalZipCode
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10019 | ||
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City Area Code
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904 | ||
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Local Phone Number
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271-2520 | ||
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Units of Beneficial Interest, no par value | ||
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Trading Symbol
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Security Exchange Name
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13120010 | ||
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Earnings Per Share Basic
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Earnings Per Share Basic
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Earnings Per Share Basic
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Earnings Per Share Basic
EarningsPerShareBasic
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DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
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Distribution Made To Limited Partner Distributions Declared Per Unit
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Distribution Made To Limited Partner Distributions Declared Per Unit
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Commodity Contract Asset Current
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Shares Outstanding
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Certificate Of Beneficial Interest Land Trust
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Interest And Dividends Payable Current
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Payments For Operating Activities
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Payments For Operating Activities
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Net Cash Provided By Used In Operating Activities
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|
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Net Cash Provided By Used In Operating Activities
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Payments Of Dividends
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|
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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Distributions Declared
DistributionsDeclared
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us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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Royalties Income Loss
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|
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Royalties Income Loss
RoyaltiesIncomeLoss
|
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Royalties Income Loss
RoyaltiesIncomeLoss
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Royalties Income Loss
RoyaltiesIncomeLoss
|
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Revenue Portion Percentage For First Tier Of Consideration
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|
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Revenue Ceiling Quantity For First Tier Of Consideration
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|
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Revenue Portion Percentage For Second Tier Of Consideration
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|
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Revenue Ceiling Quantity For Second Tier Of Consideration
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Revenue Portion Percentage For Third Tier Of Consideration
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0.25 | ||
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|
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CollaborativeArrangementAdjustedThresholdPricePerTon
|
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|
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LitigationSettlementInterest
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|
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|
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Percentage Of Fee Interest Held By Land Trust In Lease Property
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|
0.20 | ||
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Revenue Recognition Number Of Contracts
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1 | ||
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Commodity Contract Asset Current
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Contract With Customer Asset Net Current
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Contract With Customer Liability
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Period After Each Calendar Quarter When Entity Fiscal Quarter Ends
PeriodAfterEachCalendarQuarterWhenEntityFiscalQuarterEnds
|
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Distribution Declared Distributions Paid Per Unit
DistributionDeclaredDistributionsPaidPerUnit
|
0.39 | |
CY2024Q4 | us-gaap |
Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
|
5116804 | |
msb |
Distribution Declared Distributions Paid Per Unit
DistributionDeclaredDistributionsPaidPerUnit
|
0.35 | ||
CY2024Q4 | msb |
Cash And Cash Equivalents And Us Government Securities
CashAndCashEquivalentsAndUSGovernmentSecurities
|
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Cash And Cash Equivalents And Us Government Securities
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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|
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Net Income Loss
NetIncomeLoss
|
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Distribution Declared Distributions Paid Per Unit
DistributionDeclaredDistributionsPaidPerUnit
|
0.39 | |
CY2024Q4 | msb |
Distributions Paid And Declared
DistributionsPaidAndDeclared
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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Net Income Loss
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|
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Distribution Declared Distributions Paid Per Unit
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|
0.35 | |
CY2023Q4 | msb |
Distributions Paid And Declared
DistributionsPaidAndDeclared
|
4592003 | |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
21138759 | |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
20975146 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
87207203 | ||
msb |
Distribution Declared Distributions Paid Per Unit
DistributionDeclaredDistributionsPaidPerUnit
|
0.98 | ||
msb |
Distributions Paid And Declared
DistributionsPaidAndDeclared
|
12857610 | ||
CY2024Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
95324739 | |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
11438217 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
14292545 | ||
msb |
Distribution Declared Distributions Paid Per Unit
DistributionDeclaredDistributionsPaidPerUnit
|
0.35 | ||
msb |
Distributions Paid And Declared
DistributionsPaidAndDeclared
|
4592003 | ||
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
21138759 |