v3.26.1
Consolidated Statements of Changes in Net Assets (unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance (in shares)     1,506,301  
Beginning Balance $ 9,878,584 $ 15,925,507 $ 11,519,013 $ 16,991,004
Net decrease in net assets resulting from operations:        
Net investment income (127,159) 289,968 24,738 588,584
Net realized loss on investments, net of taxes (536,105) (35,408) (529,934) (35,675)
Net unrealized depreciation on investments, net of deferred taxes (1,032,800) (270,678) (2,640,406) (889,245)
Loss on extinguishment of debt $ (25,822) $ 0 $ (25,822) $ 0
Repurchases of common stock (in shares) (15,677) (43,116) (31,776) (87,161)
Repurchases of common stock $ (98,298) $ (425,120) $ (213,723) $ (873,501)
Distributions to stockholders (44,706) (289,027) (120,172) (585,925)
Net increase (decrease) $ (1,864,890) $ (730,265) $ (3,505,319) $ (1,795,762)
Ending balance (in shares) 1,474,525 1,576,962 1,474,525 1,576,962
Ending Balance $ 8,013,694 $ 15,195,242 $ 8,013,694 $ 15,195,242
Common Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance (in shares) 1,490,202 1,620,078 1,506,301 1,664,123
Beginning Balance $ 1,490 $ 1,620 $ 1,506 $ 1,664
Net decrease in net assets resulting from operations:        
Repurchases of common stock (in shares) (15,677) (43,116) (31,776) (87,161)
Repurchases of common stock $ (16) $ (43) $ (32) $ (87)
Net decrease (in shares) (15,677) (43,116) (31,776) (87,161)
Net increase (decrease) $ (16) $ (43) $ (32) $ (87)
Ending balance (in shares) 1,474,525 1,576,962 1,474,525 1,576,962
Ending Balance $ 1,474 $ 1,577 $ 1,474 $ 1,577
Paid-in capital in excess of par        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance 20,410,570 21,755,599 20,525,979 22,203,936
Net decrease in net assets resulting from operations:        
Repurchases of common stock (98,282) (425,077) (213,691) (873,414)
Net increase (decrease) (98,282) (425,077) (213,691) (873,414)
Ending Balance 20,312,288 21,330,522 20,312,288 21,330,522
Total accumulated losses        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance (10,533,476) (5,831,712) (9,008,472) (5,214,596)
Net decrease in net assets resulting from operations:        
Net investment income (127,159) 289,968 24,738 588,584
Net realized loss on investments, net of taxes (536,105) (35,408) (529,934) (35,675)
Net unrealized depreciation on investments, net of deferred taxes (1,032,800) (270,678) (2,640,406) (889,245)
Loss on extinguishment of debt (25,822)   (25,822)  
Distributions to stockholders (44,706) (289,027) (120,172) (585,925)
Net increase (decrease) (1,766,592) (305,145) (3,291,596) (922,261)
Ending Balance $ (12,300,068) $ (6,136,857) $ (12,300,068) $ (6,136,857)