Management Fee |
3 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Related Party Transactions [Abstract] | |
| Management Fee | 13. Management Fee Platinum Advisors Fee Agreement The Company receives certain corporate and advisory services from Platinum Advisors pursuant to the Advisory Agreement and is invoiced by Platinum Advisors for such services and related expenses. The annual fee for such services will be agreed by the parties from time to time. The Company has agreed to pay Platinum Advisors a non-refundable annual management fee of $10,000 and to reimburse Platinum Advisors for its out-of-pocket costs and expenses incurred in connection with its services under the Advisory Agreement. The Company paid Platinum Advisors management fees of $2,500 in each of the three months ended June 30, 2025 and 2024, along with expense reimbursements of $96 and $129, respectively, related to such services. These amounts are included within Operating and administrative expenses in the consolidated statements of operations. As of June 30, 2025 and March 31, 2025, the amount payable pursuant to the Advisory Agreement was $0.
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