v3.22.0.1
Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Investments, at fair value: $ 14,098,675 $ 6,667,897
Cash 1,936,148 5,440,579
Note receivable 250,000 250,000
Prepaid expenses 83,674 43,838
Receivable for sale of investments   19,313
Interest and dividend receivables 324,350 65,911
Right-of-use lease asset 4,984 23,345
Total Assets 16,697,831 12,510,883
LIABILITIES    
Accounts payable 64,028 32,917
Dividend payable 100 539,296
Payable for purchase of investments 1,900,000  
Lease liability 5,654 26,061
Accrued income tax expense 1,269,000 13,722
Deferred taxes 45,000 258,000
Total Liabilities 3,283,782 869,996
Commitments and Contingencies
SHAREHOLDERS EQUITY (NET ASSETS)    
Common stock, par value $0.001 per share (250,000,000 authorized;10,790,413 and 10,785,913 outstanding) 10,790 10,786
Additional paid-in capital 10,694,163 10,673,014
Accumulated deficit (1,159,665) (1,159,665)
Accumulated undistributed investment loss (1,877,667) (2,124,419)
Accumulated undistributed net realized gains on investment transactions 5,580,810 2,541,850
Net unrealized appreciation in value of investments 165,618 1,699,321
Total Shareholders' Equity (Net Assets) 13,414,049 11,640,887
Total Liabilities and Shareholders' Equity $ 16,697,831 $ 12,510,883
Net Asset Value Per Common Share $ 1.24 $ 1.08