v3.25.2
SCHEDULE OF FINANCIAL HIGHLIGHTS (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Investment Company [Abstract]        
Net asset value at beginning of period $ 6.66 $ 7.17 $ 6.68 $ 7.99
Net investment loss [1] (0.16) (0.16) (0.31) (0.28)
Net realized gain/(loss) on investments [1] 0.89 (0.01) 0.90 (0.02)
Realized loss on partial repurchase of 6.00% Notes due December 30, 2026 [1] (0.01)
Net change in unrealized appreciation/(depreciation) of investments [1] 1.89 (0.30) 2.02 (1.04)
Repurchase of common stock [1] 0.20 0.23
Stock-based compensation [1] (0.10) 0.03 (0.11) 0.06
Net asset value at end of period 9.18 6.94 9.18 6.94
Per share market value at end of period $ 8.21 $ 4.01 $ 8.21 $ 4.01
Total return based on market value [2] 65.19% (11.87%) 39.63% 1.78%
Total return based on net asset value [2] 37.84% (3.21%) 37.43% (13.14%)
Balance, shares 23,888,107 23,378,002 23,888,107 23,378,002
Balance $ 219,409,595 $ 162,312,191 $ 219,409,595 $ 162,312,191
Average net assets $ 160,412,515 $ 175,240,305 $ 158,444,298 $ 188,879,950
Ratio of net operating expenses to average net assets [3] 9.73% 10.75% 10.25% 10.04%
Ratio of net investment loss to average net assets [3] (9.31%) (8.39%) (9.40%) (7.32%)
Portfolio Turnover Ratio 2.36% 5.72% 3.02% 5.84%
[1] Based on weighted-average number of shares outstanding for the relevant period.
[2] Total return based on market value is based upon the change in market price per share between the opening and ending market values per share in the period, adjusted for dividends and equity issuances. Total return based on net asset value is based upon the change in net asset value per share between the opening and ending net asset values per share in the period, adjusted for dividends and equity issuances.
[3] Financial highlights for periods of less than one year are annualized and the ratios of operating expenses to average net assets and net investment loss to average net assets are adjusted accordingly. Because the ratios are calculated for the Company’s common stock taken as a whole, an individual investor’s ratios may vary from these ratios.