General and administrative expense consisted of the following items for the three and nine months ended September 30, 2026 and 2025 and the year ended December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | Year Ended December 31, | | 2026 | | 2025 | | 2026 | | 2025 | | 2025 | | Professional fees | $ | 1,555 | | | $ | 557 | | | $ | 2,737 | | | $ | 1,412 | | | $ | 1,759 | | | Dues and subscriptions | 298 | | | 177 | | | 795 | | | 709 | | | 1,021 | | | Insurance expense | 215 | | | 180 | | | 611 | | | 551 | | | 740 | | | Valuation expense | 142 | | | 204 | | | 546 | | | 643 | | | 792 | | | Director fees and expenses | 185 | | | 175 | | | 540 | | | 528 | | | 705 | | | Accounting and administrative costs | 129 | | | 132 | | | 398 | | | 413 | | | 555 | | | Transfer agent expense | 126 | | | 116 | | | 380 | | | 360 | | | 501 | | | Printing and marketing expense | 108 | | | 83 | | | 166 | | | 182 | | | 151 | | | Other expenses | 63 | | | 25 | | | 153 | | | 80 | | | 110 | | | | | | | | | | | | | Total general and administrative expense | $ | 2,821 | | | $ | 1,649 | | | $ | 6,326 | | | $ | 4,878 | | | $ | 6,334 | |
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