v3.25.4
INCOME TAXES (Tables)
 6 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of Investment Company, Distribution to Shareholders
The tax character of distributions paid to the Company's shareholders during the taxable years ended December 31, 2025 and 2024 were as follows:
Taxable Year Ended
 December 31, 2025December 31, 2024
Ordinary income$3,487,407 $2,046,754 
Return of capital— 642,930 
Total distributions paid to stockholders$3,487,407 
(1)
$2,689,684 
(2)
(1)    For the taxable year ended December 31, 2025, $38,250 of the 2024 declared distributions are allocable to 2025 for federal income tax purposes and are reported on the 2025 Form 1099-DIV.
(2)    For the taxable year ended December 31, 2024, $87,789 of the 2023 declared distributions are allocable to 2024 for federal income tax purposes and are reported on the 2024 Form 1099-DIV. For the taxable year ended December 31, 2024, $38,250 of the 2024 declared distributions are allocable to 2025 for federal income tax purposes and will be reported on the 2025 Form 1099-DIV.
Schedule of Reconciliation of Net Increase in Net Assets Resulting from Operations to Taxable Income The following reconciles the net increase (decrease) in net assets resulting from operations to taxable income for the taxable years ended December 31, 2025 and 2024.
 Taxable Year Ended December 31, 2025Taxable Year Ended December 31, 2024
Net increase (decrease) in net assets resulting from operations$(3,814,243)$102,228 
Net realized (gains) losses on investments2,880,695 3,366,992 
Net change in unrealized (gains) losses on investments5,307,259 (1,783,495)
Other temporary book-to-tax differences115,853 (33,001)
Permanent differences356,938 355,308 
Taxable income (loss) before deductions for distributions$4,846,502 $2,008,032 
Schedule of Components of Distributable Earnings (Accumulated Losses) And Capital Loss Carryforward
As of our most recent taxable year ended December 31, 2025, we had undistributed ordinary income in excess of cumulative distributions, capital gain in excess of cumulative distributions, and capital loss carryforwards as follows:
 Tax Year Ended December 31, 2025
Undistributed ordinary income$1,359,095 
Undistributed long-term capital gains$— 
Capital loss carryforwards$(9,373,790)