v3.25.2
Consolidated Statements of Assets and Liabilities (Parenthetical) - USD ($)
 6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Amortized cost [2] $ 955,176,546 [1] $ 919,774,172 [3],[4]
Foreign exchange 14,020,574 22,244
Unamortized debt issuance costs $ 3,077,951 $ 3,554,749
Common stock, par value $ 0.001 $ 0.001
Common stock, shares issued 37,566,942 36,907,451
Common stock, shares outstanding 37,566,942 36,907,451
Non Controlled Non Affiliated Investments [Member]    
Amortized cost $ 890,722,940 $ 865,232,646
Non-Controlled/Affiliated Investments    
Amortized cost 23,914,016 [1] 8,032,091 [3],[4]
Controlled Investments [Member]    
Amortized cost $ 40,539,590 $ 46,509,435
[1] Cost represents amortized cost for debt investments, less principal payments, plus capitalized PIK, if any. As of June 30, 2025, the aggregate gross unrealized appreciation for all investments where there was an excess of fair value over tax cost was $21.8 million; the aggregate gross unrealized depreciation for all investments where there was an excess of tax cost over fair value was $41.4 million; the net unrealized depreciation was $19.6 million; the aggregate tax cost of securities for Federal income tax purposes was $947.3 million.
[2] Geographic dispersion represents the country of the issuer and may not represent the operating domicile.
[3] All of our investments are issued by eligible portfolio companies, as defined in the 1940 Act, unless otherwise noted.
[4] Cost represents amortized cost for debt investments, less principal payments, plus capitalized PIK, if any. As of December 31, 2024, the aggregate gross unrealized appreciation for all investments where there was an excess of fair value over tax cost was $13.2 million; the aggregate gross unrealized depreciation for all investments where there was an excess of tax cost over fair value was $44.3 million; the net unrealized depreciation was $31.1 million; the aggregate tax cost of securities for Federal income tax purposes was $922.7 million.