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CONDENSED STATEMENTS OF SHAREHOLDERS EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Accumulated Undistributed Net Investment Gain (Loss)
Accumulated Undistributed Net Realized Gain on Investments Transactions
Net Unrealized Appreciation (Depreciation) in value of Investments
Common Shares
Additional Paid-In Capital
Accumulated Deficit
Balance, shares at Dec. 31, 2024         6,385,255    
Balance, amount at Dec. 31, 2024 $ 19,757 $ (152) $ 4,394 $ (264) $ 6 $ 16,933 $ (1,160)
Repurchase of common shares, shares         (322,482)    
Repurchase of common shares, amount (630) 0 0 0 $ 0 (630) 0
Undistributed net investment gain 652 652 0 0 0 0 0
Undistributed net realized loss on investment transactions 0 0 0 0 0 0 0
Appreciation in value of investments 477 0 0 477 $ 0 0 0
Net loss 1,130            
Balance, shares at Jun. 30, 2025         6,062,773    
Balance, amount at Jun. 30, 2025 20,257 500 4,394 214 $ 6 16,303 (1,160)
Balance, shares at Mar. 31, 2025         6,062,773    
Balance, amount at Mar. 31, 2025 19,579 137 4,394 (101) $ 6 16,303 (1,160)
Undistributed net investment gain 363 363 0 0 0 0 0
Undistributed net realized loss on investment transactions 0 0 0 0 0 0 0
Appreciation in value of investments 315 0 0 315 $ 0 0 0
Net loss 677            
Balance, shares at Jun. 30, 2025         6,062,773    
Balance, amount at Jun. 30, 2025 20,257 $ 500 $ 4,394 $ 214 $ 6 16,303 (1,160)
Balance, shares at Dec. 31, 2025         76,802,872    
Balance, amount at Dec. 31, 2025 169,742       $ 77 431,800 (262,135)
Stock-based compensation 3,941       0 3,941 0
Net loss (89,855)       $ 0 0 (89,855)
Balance, shares at Jun. 30, 2026         76,802,872    
Balance, amount at Jun. 30, 2026 83,828       $ 77 435,741 (351,990)
Balance, shares at Mar. 31, 2026         76,802,872    
Balance, amount at Mar. 31, 2026 100,788       $ 77 433,794 (333,083)
Stock-based compensation 1,947       0 1,947 0
Net loss (18,907)       $ 0 0 (18,907)
Balance, shares at Jun. 30, 2026         76,802,872    
Balance, amount at Jun. 30, 2026 $ 83,828       $ 77 $ 435,741 $ (351,990)