v3.26.1
Consolidated Statements of Operations - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Non-controlled/non-affiliated investments:        
Total investment income $ 22,211,321 $ 14,469,659 $ 42,217,641 $ 30,215,291
Expenses        
Interest expense and credit facility fees 8,150,783 5,489,469 15,199,061 11,238,507
Organizational expenses 0 2,429,382 0 2,429,382
Management fee (Note 4) 1,773,945 1,064,102 3,385,733 2,133,068
Incentive fee (Note 4) 1,380,031 817,305 2,633,793 817,305
Professional fees 107,000 116,248 267,051 243,159
Directors' fees 90,095 72,500 180,410 72,500
Administration fees 0 16,555 0 185,996
Amortization of deferred financing costs 540,796 125,000 897,172 250,000
Investment expenses 0 107 0 13,645
Other expenses 315,336 175,052 624,749 343,729
Total operating expenses 12,357,986 10,305,720 23,187,969 17,727,291
Expense support reimbursement 193,121 0 593,121 0
Expense support 0 (2,429,382) 0 (2,429,382)
Management fee waiver (Note 4) 0 (59,390) 0 (973,233)
Net expenses 12,551,107 7,816,948 23,781,090 14,324,676
Net investment income 9,660,214 6,652,711 18,436,551 15,890,615
Net realized gains (losses) :        
Non-controlled/non-affiliated investments (5,243) 30,712 70,720 887,207
Net change in unrealized appreciation (depreciation) :        
Affiliated investments     (10,853,060) (8,119,950)
Net change in deferred taxes (98,911) (818,338) (114,295) (818,338)
Total net change in unrealized appreciation (depreciation) on investments (3,023,494) (5,192,597) (10,967,355) (8,938,288)
Net realized and unrealized loss on investments (3,028,737) (5,161,885) (10,896,635) (8,051,081)
Realized and unrealized gains (losses) on foreign currency:        
Net realized loss on foreign currency 0 (909) (0) (4,034)
Net change in unrealized gain (loss) on foreign currency (138) 1,510 (292) 1,518
Net realized and unrealized gains (losses) on foreign currency (138) 601 (292) (2,516)
Net increase in net assets resulting from operations 6,631,339 1,491,427 7,539,624 7,837,018
Non-controlled/non-affiliated [Member]        
Non-controlled/non-affiliated investments:        
Interest income 22,057,492 14,469,659 41,970,610 29,907,435
Dividend income 0 0 0 307,856
Total investment income 22,057,492 14,469,659 41,970,610 30,215,291
Net realized gains (losses) :        
Non-controlled/non-affiliated investments (5,243) 30,712 70,720 887,207
Net change in unrealized appreciation (depreciation) :        
Affiliated investments (834,332) (4,374,259) (8,474,729) (8,119,950)
Affiliated investments [Member]        
Non-controlled/non-affiliated investments:        
Interest income 153,829 0 247,031 0
Total investment income 153,829 0 247,031 0
Net change in unrealized appreciation (depreciation) :        
Affiliated investments $ (2,090,251) $ 0 $ (2,378,331) [1] $ 0
[1] The principal/share amount and ownership detail are shown in the Consolidated Schedule of Investments.