v3.26.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash Flows from Operating Activities:    
Net increase/(decrease) in net assets resulting from operations $ 4,915,415 $ 4,625,713
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 (332,950) (693,035)
Net realized (gains)/losses on investments 105,917 10,645
Net amortization of premium (accretion of discount) 550,659 204,963
Net income from payment-in-kind interest (228,016) (161,370)
Purchases and drawdowns of investments (100,509,022) (32,456,591)
Sales and maturities of and principal paydowns on investments 85,407,406 33,913,044
Changes in operating assets and liabilities:    
Receivables - interest 42,595 22,615
Receivables - sale of investments 1,990,441 2,201,509
Organizational and offering fees payable (10,200)
Management fees payable 14,268 76,310
Directors’ fees payable 44,554
Professional fees payable 66,180 (33,196)
Securities purchased payable 567,634 (4,474,310)
Incentive fees payable 16,338 57,532
Accrued other general and administrative expenses (43,201) 166,868
Net Cash Provided by (Used in) Operating Activities (7,391,782) 3,450,497
Cash Flows from Financing Activities:    
Distributions (net of change in distributions payable) (4,185,860) (3,440,457)
Changes in advance share subscription amount (2,500,000)
Proceeds from issuance of common shares 5,000,000 2,500,000
Net Cash Provided by (Used in) Financing Activities 814,140 (3,440,457)
Net Increase/(Decrease) in Cash and Cash Equivalents (6,577,642) 10,040
Cash and cash equivalents, beginning of period 7,136,024 14,916,966
Cash and Cash Equivalents, End of Period 558,382 14,927,006
Supplemental Information    
Dividends reinvested $ 398,998 $ 326,427