v3.26.1
Consolidated Statements of Operations (unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Non-Control/Non-Affiliate    
Interest on cash $ 7,056 $ 59,392
Total interest income 9,219,804 9,976,148
Non-Control/Non-Affiliate    
Total income 9,239,947 10,002,138
Expenses    
Base management fee [1] 1,057,008 1,082,732
Incentive fee [1] 1,226,520 1,337,809
Professional fees 178,416 136,886
Directors' fees 46,436 72,750
Administrative fee [1] 66,250 66,250
Other expenses 85,700 104,461
Expenses before waivers from investment adviser and administrator 2,660,330 2,800,888
Base management fee waivers [1] (369,953) (378,956)
Incentive fee waivers [1] (833,966) (872,650)
Total expenses, net of waivers 1,456,411 1,549,282
Net Investment Income 7,783,536 8,452,856
Realized and Unrealized Gain (Loss) on Non-Control/Non-Affiliate Investments    
Net realized (loss) gain on investments (39,312) 133,380
Net change in unrealized depreciation on investments (5,976,233) (2,652,187)
Net realized and unrealized loss on investment (6,015,545) (2,518,807)
Net increase in net assets resulting from operations $ 1,767,991 $ 5,934,049
Basic and Diluted per Share of Common Stock:    
Net investment income - diluted (in dollars per share) $ 0.16 $ 0.18
Net investment income - basic (in dollars per share) [2] 0.16 0.18
Net increase in net assets resulting from operations - basic (in dollars per share) 0.04 0.13
Net increase in net assets resulting from operations - diluted (in dollars per share) $ 0.04 $ 0.13
Weighted average shares of common stock outstanding - basic 47,750,805 47,020,454
Denominator for weighted average shares of common stock outstanding - diluted (in shares) 47,750,805 47,020,454
Non-Control/Non-Affiliate    
Non-Control/Non-Affiliate    
Interest income $ 9,212,748 $ 9,916,756
Interest on cash 7,056 59,392
Non-Control/Non-Affiliate    
Fee income 20,143 25,990
Realized and Unrealized Gain (Loss) on Non-Control/Non-Affiliate Investments    
Net realized (loss) gain on investments (39,312) 133,380
Net change in unrealized depreciation on investments $ (5,976,233) $ (2,652,187)
[1] Refer to Note 4-Related Party Transactions for additional information
[2] Based on weighted average basic per share of Common Stock data.