v3.26.1
Consolidated Statements 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 $ 2,755,635 $ 3,254,542
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 (appreciation)/depreciation on investments 433,568 (766,976)
Net realized (gains)/losses on investments (97,928) 57,033
Net amortization of premium (accretion of discount) 613,228 85,684
Net income from payment-in-kind interest (145,521) (55,824)
Purchases and drawdowns of investments (72,211,147) (21,866,643)
Sales and maturities of and principal paydowns on investments 57,076,201 27,508,386
Changes in operating assets and liabilities:    
Receivables - interest (103,437) 1,740,772
Receivables - sale of investments 2,201,509
Organizational and offering fees payable (10,200)
Management fees payable (2,614) 71,066
Directors’ fees payable 45,000
Professional fees payable 96,145 68,658
Securities purchased payable (3,022,655)
Incentive fees payable (117,856) 62,438
Accrued other general and administrative expenses (47,725) 163,932
Net Cash Provided by (Used in) Operating Activities (9,504,942) 7,290,213
Cash Flows from Financing Activities:    
Distributions (net of change in distributions payable) (2,265,951) (2,195,640)
Changes in advance share subscription amount (2,500,000)
Proceeds from issuance of common shares 5,000,000 2,500,000
Cash Provided by (Used in) Financing Activities 2,734,049 (2,195,640)
Net Increase/(Decrease) in Cash and Cash Equivalents (6,770,893) 5,094,573
Cash and cash equivalents, beginning of period 7,136,024 14,916,966
Cash and Cash Equivalents, End of Period 365,131 20,011,539
Supplemental Information    
Dividends reinvested $ 216,456 $ 207,765