v3.22.2
CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Investment Income    
Interest income $ 1,000,206 $ 546,842
Total Investment Income 1,000,206 546,842
Operating Expenses    
Professional fees 198,518 142,808
Payroll 196,442 302,080
Insurance 30,097 24,279
Occupancy 16,812 16,689
Director's fees 30,000 30,000
Interest expense 66,939 0
Other general and administrative 7,010 18,002
Total Operating Expenses 545,818 533,858
Net Investment Gain 454,388 12,984
Realized and Unrealized Gain (Loss) on Investments    
Net realized gain on investments 138,770 2,907,999
Net change in unrealized depreciation on investments (22,047) (513,250)
Net Realized and Unrealized Gain on Investments 116,723 2,394,749
Net Increase in Net Assets Resulting from Operations Before Taxes 571,111 2,407,733
Provision for Income Taxes 159,000 662,691
Net Increase in Net Assets Resulting from Operations $ 412,111 $ 1,745,042
Net Increase in Net Assets Resulting from Operations per share:    
Basic net income per share $ 0.04 $ 0.16
Diluted net income per share $ 0.04 $ 0.16
Weighted-average number of common shares outstanding - basic 10,790,413 10,785,913
Weighted-average number of common shares outstanding - diluted 10,790,413 10,785,913