v3.26.1
Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2025
Selected Quarterly Financial Data (Unaudited) [Abstract]  
Selected Quarterly Financial Data (Unaudited)

NOTE 12 – SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

 

   Quarter Ended 
   December 31,
2025		   September 30,
2025		   June 30,
2025		   March 31,
2025		 
                 
Total Investment Income  $30,728   $25,734   $27,417   $72,062 
Total Operating Expenses   805,654    326,235    362,541    420,352 
Income tax expense (benefit)   114    9,302    570    114 
Net Investment Income (Loss)   (775,040)   (309,803)   (335,694)   (348,404)
                     
Net Change in Unrealized Appreciation/(Depreciation)   (2,427,842)   (702,832)   (178,885)   (1,701,765)
Net Increase (Decrease) in Net Assets Resulting from Operations  $(3,202,882)  $(1,012,635)  $(514,579)  $(2,050,169)
                     
Net Increase (Decrease) in Net Assets from Operations per Common Share:                    
Basic  $(0.028)  $(0.008)  $(0.004)  $(0.017)
Diluted  $(0.028)  $(0.008)  $(0.004)  $(0.017)
                     
Weighted Average Common Shares Outstanding - Basic   120,486,061    120,486,061    120,486,061    120,486,061 
Weighted Average Common Shares Outstanding - Diluted   120,486,061    120,486,061    120,486,061    120,486,061 

 

   Quarter Ended 
   December 31,
2024		   September 30,
2024		   June 30,
2024		   March 31,
2024		 
                 
Total Investment Income  $420,927   $326,698   $319,654   $316,772 
Total Operating Expenses   372,385    352,234    402,451    397,468 
Income tax expense (benefit)   (5,206)   1,402    552    1,402 
Net Investment Income (Loss)   53,748    (26,938)   (83,349)   (82,098)
                     
Net Realized Gain (Loss) on Investments   
-
    
-
    (5,549,735)   
-
 
Net Change in Unrealized Appreciation/(Depreciation)   (2,135,886)   (986,123)   4,500,937    (6,551,852)
Net Increase (Decrease) in Net Assets Resulting from Operations  $(2,082,138)  $(1,013,061)  $(1,132,147)  $(6,633,950)
                     
Net Increase (Decrease) in Net Assets from Operations per Common Share:                    
Basic  $(0.017)  $(0.008)  $(0.009)  $(0.055)
Diluted  $(0.017)  $(0.008)  $(0.009)  $(0.055)
                     
Weighted Average Common Shares Outstanding - Basic   120,486,061    120,486,061    120,486,061    120,486,061 
Weighted Average Common Shares Outstanding - Diluted   120,486,061    120,486,061    120,486,061    120,486,061 
   December 31,
2023		   September 30,
2023		   June 30,
2023		   March 31,
2023		 
                 
Total Investment Income  $518,826   $513,278   $740,055   $708,734 
Total Operating Expenses   393,392    354,352    419,818    431,764 
Income tax expense   59,363    174    5,456    
-
 
Net Investment Income   66,071    158,752    314,781    276,970 
                     
Net Realized Loss on Investments   (1,200)   
-
    
-
    
-
 
Net Change in Unrealized Appreciation/(Depreciation)   (919,008)   (941,952)   2,160,718    (1,294,032)
Net Increase (Decrease) in Net Assets Resulting from Operations  $(854,137)  $(783,200)  $2,475,499   $(1,017,062)
                     
Net Increase (Decrease) in Net Assets from Operations per Common Share:                    
Basic  $(0.007)  $(0.007)  $0.021   $(0.008)
Diluted  $(0.007)  $(0.007)  $0.021   $(0.008)
                     
Weighted Average Common Shares Outstanding - Basic   120,486,061    120,486,061    120,486,061    120,486,061 
Weighted Average Common Shares Outstanding - Diluted   120,486,061    120,486,061    120,486,061    120,486,061