Company: GULTU
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021996
Chunk: 9

Company: Gulf Coast Ultra Deep Royalty Trust
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 receive any
royalty income in any of these periods.

                                         Three Months Ended                                 Nine Months Ended                              
                                         September                                          September                                      
                                         30,                                                30,                                            
                                         2025                                               2025                                           
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Interest and dividend income                                   222           263                                 764           3,520     
  Administrative expenses                                        (108,445      (84,282                             (507,793      (676,327  
  Administrative expenses                                        (108,223      (84,019                             (507,029      (672,807  
  Income available for distribution                              -             -                                   -             -         
  Adjustment to minimum                                          -             -                                   -             -         
  Net cash proceeds available            $                       -             -            $                      -             -         

6.
CONTINGENCIES AND OTHER COMMITMENTS

Litigation.

7.
SUBSEQUENT EVENTS

On
November 5, 2025, the Trustee, on behalf of the Royalty Trust, requested a loan from HOGA to pay October 2025 administrative expenses,
and on November 12, 2025 HOGA loaned the Royalty Trust $54,826 for the payment of such expenses.

  10  

Item
2. Trustee’s Discussion and Analysis of Financial Condition and Results of Operations.