v3.25.0.1
Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net increase (decrease) in net assets resulting from operations $ 1,167,726 $ (1,165,506)
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash used in operating activities:    
Net change in unrealized depreciation on investments (1,029,277) 641,433
Net realized (gain) loss on investments 761,345 558,629
Purchases of investments (5,665,526) (12,900,500)
Proceeds from sales of investments 9,764,573 11,124,194
Stock-based compensation 0 1,460,209
Deferred income taxes (13,000) (556,000)
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 142,736 60,254
Interest and dividends receivable 72,496 (13,534)
Note receivable 250,000  
Accounts payable and other liabilities 51,813 (276,642)
Deferred interest income 0 (70,154)
Accrued income taxes 147,200 0
Net cash used in operating activities 5,650,086 (1,137,617)
Cash flows from financing activities:    
Proceeds from stock option exercise 0 424,000
Proceeds from line of credit 0 2,750,000
Repayments on line of credit 0 (2,750,000)
Net cash provided by financing activities 0 424,000
Net decrease in cash 5,650,086 (713,617)
Cash, beginning of period 376,024 1,089,641
Cash, end of period 6,026,110 376,024
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 159,750 0
Cash paid for interest $ 320 $ 78,000