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        
TOTAL INVESTMENT INCOME $ 214 $ 170,861 $ 354 $ 176,826
EXPENSES        
Investment advisory fees (Note 4) 830 6,212 1,911 13,590
Administration fees 30,545 29,395 59,530 58,486
Custody fees (1,084) 3,286 3,776 6,588
Transfer agent fees 6,349 3,673 11,312 9,203
Registration and filing fees 2,988 3,121 5,942 6,208
Professional fees (18,309) 135,541 24,397 189,871
Printing fees 250 500 500 1,000
Directors' fees 12,500 12,500 25,000 25,000
Deferred Directors' fees (Note 2) 460 (15,038) 37,507 (60,960)
Compliance fees 27,509 27,509 54,715 54,715
Miscellaneous fees 18,525 27,336 40,212 49,517
TOTAL GROSS EXPENSES 80,563 234,035 264,802 353,218
Net legal fees reimbursement (86,624) 0 (86,624) 0
TOTAL NET EXPENSES (6,061) 234,035 178,178 353,218
NET INVESTMENT INCOME/(LOSS) 6,275 (63,174) (177,824) (176,392)
Tax Expense 19,700 0 19,700 0
Net Investment (loss), Net of Deferred Taxes (13,425) (63,174) (197,524) (176,392)
Net realized gains (losses) from security transactions on:        
Net realized gains (losses) 9,974 (24,169,015) 9,974 (24,169,015)
Net change in unrealized appreciation (depreciation) on:        
Net change in unrealized appreciation (depreciation) 427 24,142,227 (24,403) 24,031,987
Net Realized and Unrealized Gains (Losses) on Investments 10,401 (26,788) (14,429) (137,028)
Net Increase (Decrease) In Net Assets Resulting From Operations $ (3,024) $ (89,962) $ (211,953) $ (313,420)
Net Increase (Decrease) In Net Assets Per Share Resulting From Operations (1) (in dollars per share) [1] $ 0 $ (0.01) $ 0 $ (0.04)
Investment, Unaffiliated Issuer [Member]        
INVESTMENT INCOME        
Interest $ 214 $ 170,861 $ 354 $ 176,826
Investment, Affiliated Issuer and Controlled [Member]        
Net realized gains (losses) from security transactions on:        
Securities, realized gain (loss) 9,974 (24,169,015) 9,974 (24,169,015)
Net change in unrealized appreciation (depreciation) on:        
Affiliated/controlled investments and foreign currency $ 427 $ 24,142,227 $ (24,403) $ 24,031,987
[1] Per share results are calculated based on weighted average shares outstanding for each period