v3.23.1
Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:    
Net increase in net assets resulting from operations $ 577,737 $ 2,831,050
Adjustments to reconcile net increase in net assets resulting from operations to net cash used in operating activities:    
Net change in unrealized depreciation on investments 816,989 1,533,703
Net realized gain on investments (133,019) (4,118,001)
Purchases of investments (23,558,458) (27,029,292)
Proceeds from sales of investments 20,264,731 22,188,562
Deferred income taxes (246,000) (213,000)
Stock-based compensation to employees and vendors 308,758 15,403
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 23,041 (21,475)
Interest and dividends receivable (73,471) (258,439)
Receivable for investment sales 0 19,313
Payable for investment purchase (1,900,000) 1,900,000
Accounts payable and other liabilities 83,294 10,804
Deferred interest income 70,154 0
Accrued income taxes (1,269,000) 1,255,278
Net cash used in operating activities (4,888,302) (1,886,094)
Cash flows from financing activities:    
Proceeds from public offering, net of underwriting discounts and offering costs 4,041,795 0
Proceeds from line of credit 9,793,800 0
Repayments on line of credit (9,793,800) 0
Payments for common stock dividend 0 (1,618,337)
Net cash provided (used) by financing activities 4,041,795 (1,618,337)
Net decrease in cash (846,507) (3,504,431)
Cash, beginning of period 1,936,148 5,440,579
Cash, end of period 1,089,641 1,936,148
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 428,948 32,398
Cash paid for interest 195,894 9,511
Non-cash financing activities:    
Common shares issued as consideration for investment $ 0 $ 5,750