v3.26.1
Statement of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net increase (decrease) in net assets resulting from operations $ 1,412,343 $ 15,329,628
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Net change in unrealized (gain) loss on non-controlled / affiliated investments 8,084,991 (8,671,634)
Net change in unrealized (gain) loss on non-controlled / non-affiliated investments (8,008,913) (5,258,899)
Conversion of convertible note interest to preferred stock (1,604) 0
Amortization of deferred loan fees (1,804) (762)
Proceeds from deferred loan fees 0 18,000
Payments for purchases of investments (25,487,714) (19,749,999)
Changes in operating assets and liabilities:    
(Increase) decrease in interest receivable (2,866,383) (2,681,070)
(Increase) decrease in prepaid expenses 64,073 0
(Increase) decrease in receivable from sale of investments 3,750,000 0
Increase (decrease) in management fees payable 94,830 110,266
Increase (decrease) in incentive fees payable (158,966) 0
Increase (decrease) in accrued audit and tax fees (24,083) 2,483
Increase (decrease) in accrued expenses and other liabilities 6,970 177,291
Net cash provided by (used in) operating activities (23,136,260) (20,724,696)
Cash flows from financing activities:    
Proceeds from issuance of common shares 18,866,122 15,191,500
Distributions paid (3,658,852) 0
Net cash provided by (used in) financing activities 15,207,270 15,191,500
Net change in cash and cash equivalents (7,928,990) (5,533,196)
Cash and cash equivalents, beginning of period 16,338,381 5,783,352
Cash and cash equivalents, end of period 8,409,391 250,156
Supplemental Disclosure of Cash-Flow Information    
Distributions declared during the period $ 158,350 $ 73,252