v3.26.1
Statements of Cash Flows (unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net increase in net assets resulting from operations $ 1,767,991 $ 5,934,049
Adjustments to reconcile net increase in net assets from operations to net cash provided by operating activities:    
Net realized loss (gain) on investments 39,312 (133,380)
Net change in unrealized depreciation on investments 5,976,233 2,652,187
Accretion of original issue discount interest and payment-in-kind interest (530,290) (541,463)
Decrease in interest receivable 10,142 18,910
Increase in other assets 0 (238,554)
Increase (decrease) in accrued expenses and other liabilities 16,997 (48,927)
Increase (decrease) in fees due to investment advisor 92,012 (27,513)
Investments purchased (14,972,349) (26,913,160)
Proceeds from investments sold 2,435,939 2,775,026
Repayment of bank loans 11,598,078 20,623,789
Net cash provided by operating activities 6,434,065 4,100,964
Cash flows from financing activities:    
Distributions paid to common stockholders (7,523,246) (8,463,652)
Net cash used in financing activities (7,523,246) (8,463,652)
Net decrease in cash and cash equivalents (1,089,181) (4,362,688)
Cash and cash equivalents, beginning of period 12,817,052 19,737,091
Cash and cash equivalents, end of period 11,727,871 15,374,403
Supplemental non-cash information    
Issuance of shares of common stock 15,000,000 0
Repurchases of shares of common stock (15,000,000) 0
Issuance of common shares in connection with dividend reinvestment plan 29 30
Payment-in-kind ("PIK") interest income $ 272,466 $ 310,135