v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Investment income from non-controlled/non-affiliated investments and cash equivalents:        
Interest income $ 2,149,134 $ 1,991,432 $ 3,965,187 $ 3,788,437
Income from payment-in-kind interest 72,689 19,125 145,521 55,824
Total investment income from non-controlled/non-affiliated investments and cash equivalents: 2,221,823 2,010,557 4,110,708 3,844,261
Total Investment Income 2,221,823 2,010,557 4,110,708 3,844,261
Expenses:        
Management fees 301,905 299,702 598,863 584,463
Professional fees 194,450 163,233 272,745 310,116
Directors’ fees and expenses 45,696 45,000 90,696 90,000
Purchased accrued interest expense 24,993 53,097
Incentive fees expense 10,781 47,955 10,781 78,645
Other general and administrative expenses 85,551 100,854 190,075 183,341
Total Expenses 638,383 681,737 1,163,160 1,299,662
Waiver of management fees (72,457) (143,727)
Total Net Expenses 565,926 681,737 1,019,433 1,299,662
Net Investment Income 1,655,897 1,328,820 3,091,275 2,544,599
Net realized gains/(losses) on investments:        
Non-controlled/non-affiliated investments 72,507 (93,466) 97,928 (57,033)
Total Net Realized Gains/(Losses) on Investments 72,507 (93,466) 97,928 (57,033)
Net change in unrealized appreciation/(depreciation) on investments:        
Non-controlled/non-affiliated investments 591,387 481,875 (433,568) 766,976
Total Net Change in Unrealized Appreciation/(Depreciation) on Investments 591,387 481,875 (433,568) 766,976
Total Net Realized Gains/(Losses) and Unrealized Appreciation/(Depreciation) on Investments 663,894 388,409 (335,640) 709,943
Net Increase (Decrease) in Net Assets Resulting from Operations $ 2,319,791 $ 1,717,229 $ 2,755,635 $ 3,254,542
Basic Net Increase in Net Assets Resulting from Operations per Common Share (in Dollars per share) $ 23.25 $ 18.18 $ 28.32 $ 34.48
Diluted net increase in net assets resulting from operations per common share (in Dollars per share) $ 23.25 $ 18.18 $ 28.32 $ 34.48
Weighted Average Common Shares Outstanding - Basic (in Shares) 99,761.43 94,432.56 97,295.29 94,378.02
Weighted Average Common Shares Outstanding - Diluted (in Shares) 99,761.43 94,432.56 97,295.29 94,378.02