v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities:    
Net increase (decrease) in net assets resulting from operations $ (3,637,408) $ 1,568,024
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Proceeds from sale and settlements of investments 30,432,416 74,044,664
Purchases, originations and participations (28,617,405) (132,927,926)
Investment increases due to payment-in-kind interest (728,112) (618,465)
Net amortization of premium (discount) on investments (534,872) (119,140)
Amortization of debt issuance cost 166,304 184,269
Amortization of deferred financing cost 151,824 383,576
Net realized (gains) losses from investments 424,982 (103,657)
Net unrealized (gains) losses on investments 5,484,788 797,445
Loss on extinguishment of debt 12,314
(Increase) decrease in operating assets:    
Interest receivable (100,518) 253,039
Other receivable 44,971 49,198
Dividends receivable (21,850) 23,468
Due from affiliate 297,158 (167,352)
Other assets 209,399 630,706
Prepaid share repurchase (19,627)
Receivable for investments sold (409,635) 627,220
Provision for deferred taxes on unrealized appreciation/(depreciation) on investments 506,922 329,636
Increase (decrease) in operating liabilities:    
Accounts payable and accrued expenses (2,897,175) (2,632,278)
Interest and fees payable (56,166) 310,633
Other liabilities 60,268 (70,701)
Due to Affiliate (5,429) (41,153)
Taxes payable (89,401)  
Net cash provided by (used in) operating activities 673,748 (57,478,794)
Cash Flows from Financing Activities:    
Debt issuance 29,527,047
Paydowns on debt (1,563,137) (28,000,000)
Deferred financing costs (42,068)
Distributions paid to shareholders (2,888,283)
Repurchase of common shares (3,325,188)
Net cash provided by (used in) financing activities (4,888,325) (1,403,304)
Net increase (decrease) in cash and cash equivalents (4,214,577) (58,882,098)
Cash and cash equivalents, beginning of period 7,289,371 67,571,559
Cash and cash equivalents, end of period 3,074,794 8,689,461
Supplemental information:    
Interest paid during the period 4,472,529 4,200,858
Non-cash purchase of investments 12,665,596
Non-cash sale of investments $ 12,665,596