v3.26.3
Fair Value Measurements (Details) - USD ($)
Sep. 30, 2026
Jun. 30, 2026
Dec. 31, 2025
Sep. 30, 2025
Jun. 30, 2025
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents $ 162,554,122 [1],[2],[3]   $ 132,220,501 [4],[5],[6]      
Money market treasury fund 10,105,594 [1]   16,132,167 [4]      
Level 3 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 162,554,122 $ 157,635,546 132,220,501 $ 126,944,983 $ 119,522,426 $ 85,859,132
Fair Value, Recurring [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 162,554,122   132,220,501      
Money market treasury fund 10,105,594   16,132,167      
Total investments after cash equivalents 172,659,716   148,352,668      
Fair Value, Recurring [Member] | Level 1 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 0   0      
Money market treasury fund 10,105,594   16,132,167      
Total investments after cash equivalents 10,105,594   16,132,167      
Fair Value, Recurring [Member] | Level 2 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 0   0      
Money market treasury fund 0   0      
Total investments after cash equivalents 0   0      
Fair Value, Recurring [Member] | Level 3 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 162,554,122   132,220,501      
Money market treasury fund 0   0      
Total investments after cash equivalents 162,554,122   132,220,501      
Junior Secured Convertible Note [Member] | Fair Value, Recurring [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 2,987,272   2,984,566      
Junior Secured Convertible Note [Member] | Fair Value, Recurring [Member] | Level 1 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 0   0      
Junior Secured Convertible Note [Member] | Fair Value, Recurring [Member] | Level 2 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 0   0      
Junior Secured Convertible Note [Member] | Fair Value, Recurring [Member] | Level 3 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 2,987,272   2,984,566      
Senior Secured Convertible Notes [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 51,384,308   63,321,632      
Senior Secured Convertible Notes [Member] | Level 3 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 51,384,308 55,183,987 63,321,632 63,523,817 63,142,576 54,401,998
Senior Secured Convertible Notes [Member] | Fair Value, Recurring [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 51,384,308   63,321,632      
Senior Secured Convertible Notes [Member] | Fair Value, Recurring [Member] | Level 1 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 0   0      
Senior Secured Convertible Notes [Member] | Fair Value, Recurring [Member] | Level 2 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 0   0      
Senior Secured Convertible Notes [Member] | Fair Value, Recurring [Member] | Level 3 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 51,384,308   63,321,632      
Unsecured Convertible Notes [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 19,372,582   4,535,559      
Unsecured Convertible Notes [Member] | Level 3 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 19,372,582 14,684,723 4,535,559 4,513,725 4,313,720 0
Unsecured Convertible Notes [Member] | Fair Value, Recurring [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 19,372,582   4,535,559      
Unsecured Convertible Notes [Member] | Fair Value, Recurring [Member] | Level 1 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 0   0      
Unsecured Convertible Notes [Member] | Fair Value, Recurring [Member] | Level 2 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 0   0      
Unsecured Convertible Notes [Member] | Fair Value, Recurring [Member] | Level 3 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 19,372,582   4,535,559      
Preferred Stock Investments [Member] | Level 3 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 86,226,971 82,766,636 59,821,668 54,475,979 47,616,440 30,158,406
Preferred Stock Investments [Member] | Fair Value, Recurring [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 86,226,971   59,821,668      
Preferred Stock Investments [Member] | Fair Value, Recurring [Member] | Level 1 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 0   0      
Preferred Stock Investments [Member] | Fair Value, Recurring [Member] | Level 2 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 0   0      
Preferred Stock Investments [Member] | Fair Value, Recurring [Member] | Level 3 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 86,226,971   59,821,668      
Common Stock Investments [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 227,830   341,733      
Common Stock Investments [Member] | Level 3 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 227,830 217,100 341,733 305,354 308,085 796,904
Common Stock Investments [Member] | Fair Value, Recurring [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 227,830   341,733      
Common Stock Investments [Member] | Fair Value, Recurring [Member] | Level 1 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 0   0      
Common Stock Investments [Member] | Fair Value, Recurring [Member] | Level 2 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 0   0      
Common Stock Investments [Member] | Fair Value, Recurring [Member] | Level 3 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 227,830   341,733      
Warrant [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 2,355,159   1,215,343      
Warrant [Member] | Level 3 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 2,355,159 $ 1,796,730 1,215,343 $ 1,142,444 $ 1,158,843 $ 501,824
Warrant [Member] | Fair Value, Recurring [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 2,355,159   1,215,343      
Warrant [Member] | Fair Value, Recurring [Member] | Level 1 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 0   0      
Warrant [Member] | Fair Value, Recurring [Member] | Level 2 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents 0   0      
Warrant [Member] | Fair Value, Recurring [Member] | Level 3 [Member]            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total investments before cash equivalents $ 2,355,159   $ 1,215,343      
[1] All investments are domiciled in the United States unless otherwise noted.
[2] Securities exempt from registration under the Securities Act (as defined in Note 1), and are deemed to be “restricted securities.” As of September 30, 2026, the aggregate fair value of these securities is $162.6 million or 89.7% of the Company’s net assets.
[3] Unless otherwise indicated, these investments were valued using unobservable inputs and are considered Level 3 investments.
[4] All investments are domiciled in the United States unless otherwise noted.
[5] Securities exempt from registration under the Securities Act (as defined in Note 1), and are deemed to be “restricted securities.” As of December 31, 2025, the aggregate fair value of these securities is $132.2 million or 84.4% of the Company’s net assets.
[6] Unless otherwise indicated, these investments were valued using unobservable inputs and are considered Level 3 investments.