v3.25.4
Consolidated Statements of Changes in Net Assets - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Change in Net Assets Resulting from Operations      
Net investment loss $ (16,508,644) $ (13,951,287) $ (13,439,609)
Net realized gain/(loss) on investments 33,223,557 (5,020,314) (11,947,504)
Realized loss on partial repurchase (21,215) (183,668)
Net change in unrealized appreciation/(depreciation) of investments 32,114,638 (18,968,978) 30,453,935
Net Change in Net Assets Resulting from Operations 48,808,336 (38,124,247) 5,066,822
Distributions      
Dividends declared (12,253,449)
Total Distributions (12,253,449)
Change in Net Assets Resulting from Capital Transactions      
Issuance of common stock from public offering 10,619,626
Stock-based compensation [1] 569,652 1,738,687 2,448,807
Repurchases of common stock (9,400,000) (14,178,685)
Net Change in Net Assets Resulting from Capital Transactions 11,189,278 (7,661,313) (11,729,878)
Total Change in Net Assets 47,744,165 (45,785,560) (6,663,056)
Net Assets at Beginning of Year 157,572,086 203,357,646 210,020,702
Net Assets at End of Year $ 205,316,251 $ 157,572,086 $ 203,357,646
Capital Share Activity      
Shares outstanding at beginning of year 23,601,566 25,445,805 28,429,499
Issuance of common stock from public offering, shares 1,237,579
Issuance of common stock under restricted stock plan, shares [1] 538,611 155,761 202,799
Shares repurchased (2,000,000) (3,186,493)
Balance, shares 25,377,756 23,601,566 25,445,805
[1] Refer to “Note 11 — Stock-Based Compensation” for more detail.