v3.26.1
Fair Value Measurements (Details 1) - USD ($)
 3 Months Ended 4 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2025
Jun. 30, 2026
Short-Term Debt [Line Items]        
Fair value, beginning of period [1],[2]       $ 185,613,878
Net change in unrealized gain (loss) $ (1,320,005) $ 1,086,380 $ 1,075,071 (2,565,029)
Fair value, end of period [1],[2] 235,487,656     235,487,656
Level 3 [Member]        
Short-Term Debt [Line Items]        
Fair value, beginning of period 187,979,431 54,305,939   185,613,878
Transfers between investment types 0     0
Purchases of investments in portfolio companies, net of proceeds from deferred loan fees 54,959,825 21,493,000   66,053,493
Principal increase related to MOIC rollover 0     720,000
Paid-in-kind interest income 106,197 9,050   220,217
Proceeds from loan repayments on investments in portfolio companies (7,441,048) (1,009,375)   (18,448,217)
Net accretion of discounts and amortization of premiums on investments 1,203,256 503,670   3,893,314
Net change in unrealized gain (loss) (1,320,005) (1,086,380)   (2,565,029)
Fair value, end of period 235,487,656 76,388,664 76,388,664 235,487,656
First Lien Senior Secured Term Loan [Member]        
Short-Term Debt [Line Items]        
Fair value, beginning of period       167,303,857
Fair value, end of period 216,706,457     216,706,457
First Lien Senior Secured Term Loan [Member] | Level 3 [Member]        
Short-Term Debt [Line Items]        
Fair value, beginning of period 168,193,230 50,344,414   167,303,857
Transfers between investment types 5,909,770     5,901,311
Purchases of investments in portfolio companies, net of proceeds from deferred loan fees 49,933,348 10,853,409   60,237,364
Principal increase related to MOIC rollover 0     0
Paid-in-kind interest income 106,197 9,050   220,217
Proceeds from loan repayments on investments in portfolio companies (7,441,048) (1,009,375)   (18,448,217)
Net accretion of discounts and amortization of premiums on investments 1,188,473 500,130   3,863,749
Net change in unrealized gain (loss) (1,183,513) 428,557   (2,371,824)
Fair value, end of period 216,706,457 61,126,185 61,126,185 216,706,457
Second Lien Senior Secured Term Loan [Member]        
Short-Term Debt [Line Items]        
Fair value, beginning of period       9,605,804
Fair value, end of period 4,454,058     4,454,058
Second Lien Senior Secured Term Loan [Member] | Level 3 [Member]        
Short-Term Debt [Line Items]        
Fair value, beginning of period 10,349,045 0   9,605,804
Transfers between investment types (5,909,770)     (5,901,311)
Purchases of investments in portfolio companies, net of proceeds from deferred loan fees 0 8,099,456   0
Principal increase related to MOIC rollover 0     720,000
Paid-in-kind interest income 0 0   0
Proceeds from loan repayments on investments in portfolio companies 0 0   0
Net accretion of discounts and amortization of premiums on investments 14,783 3,540   29,565
Net change in unrealized gain (loss) 0 0   0
Fair value, end of period 4,454,058 8,102,996 8,102,996 4,454,058
Equity [Member]        
Short-Term Debt [Line Items]        
Fair value, beginning of period       0
Fair value, end of period 3,066,668     3,066,668
Equity [Member] | Level 3 [Member]        
Short-Term Debt [Line Items]        
Fair value, beginning of period 666,668 0   0
Transfers between investment types 0     0
Purchases of investments in portfolio companies, net of proceeds from deferred loan fees 2,400,000 0   3,066,668
Principal increase related to MOIC rollover 0     0
Paid-in-kind interest income 0 0   0
Proceeds from loan repayments on investments in portfolio companies 0 0   0
Net accretion of discounts and amortization of premiums on investments 0 0   0
Net change in unrealized gain (loss) 0     0
Fair value, end of period 3,066,668 0 0 3,066,668
Warrant [Member]        
Short-Term Debt [Line Items]        
Fair value, beginning of period       8,704,217
Fair value, end of period 11,260,473     11,260,473
Warrant [Member] | Level 3 [Member]        
Short-Term Debt [Line Items]        
Fair value, beginning of period 8,770,488 3,961,525   8,704,217
Transfers between investment types 0     0
Purchases of investments in portfolio companies, net of proceeds from deferred loan fees 2,626,477 2,540,135   2,749,461
Principal increase related to MOIC rollover 0     0
Paid-in-kind interest income 0 0   0
Proceeds from loan repayments on investments in portfolio companies 0 0   0
Net accretion of discounts and amortization of premiums on investments 0 0   0
Net change in unrealized gain (loss) (136,492) (657,823)   (193,205)
Fair value, end of period $ 11,260,473 $ 7,159,483 $ 7,159,483 $ 11,260,473
[1] All investments are domiciled in the United States unless otherwise noted. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). These investments are generally subject to certain limitations on resale and are deemed to be “restricted securities” under the Securities Act.
[2] Unless otherwise indicated, these investments were valued using unobservable inputs and are considered Level 3 investments.