{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-004464","form_type":"8-K","ticker":"MTR","cik":"0000313364","company_name":"MESA ROYALTY TRUST/TX","filed_at":"2025-01-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.935748+00:00","generated_at":"2026-05-27T23:32:05.370176+00:00","sec_items":["2.02","9.01"],"event_type":"other","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Mesa Royalty Trust Jan 2025 distribution $0.000453/unit; warns of materially reduced payouts until $2M reserve built","bullets":["Distribution of $0.000453223 per unit for record date Jan 31, 2025, payable Apr 30, 2025.","Total income of $18,282 from New Mexico San Juan Basin; no income from other working interest owners.","Distributable net profits after admin expenses: $845.","Trust expects materially reduced distributions until cash reserves reach $2.0 million for added liquidity.","Accumulated excess production costs may further reduce or eliminate future distributions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-004464","json":"https://secwatch.observer/filing/0001104659-25-004464.json","markdown":"https://secwatch.observer/filing/0001104659-25-004464.md","text":"https://secwatch.observer/filing/0001104659-25-004464.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/313364/000110465925004464/0001104659-25-004464-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/313364/000110465925004464/tm253618d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T23:32:05.370176+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}