XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Statements of Assets and Liabilities - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Investments at fair value:    
Non-control/non-affiliate investments at fair value (amortized cost of $57,398,215 and $50,527,898, respectively) $ 57,669,044 $ 50,254,550
Cash and cash equivalents 32,895,660 35,125,320
Interest receivable 591,368 1,559,081
Prepaid expenses 179,657 32,323
Total assets 91,335,729 86,971,274
LIABILITIES    
Income-based incentive fees payable 646,494 0
Management fee payable 257,489 170,965
Capital Gains Incentive Fee Payable 5,000 0
Valuation fees payables 93,185 0
Administrator fees payable 89,978 57,306
Legal fees payable 72,464 42,215
Audit fees payable 51,183 50,000
Director's fee payable 31,747 32,049
Professional fees payable 26,306 28,744
Excise tax payable 0 80,566
Total liabilities 1,291,516 495,545
Commitments and contingencies (Note 6)
NET ASSETS    
Common Stock, $0.01 par value, 100,000,000 shares authorized, 6,214,672 and 6,214,672 shares issued and outstanding, respectively 62,147 62,147
Additional paid-in-capital 85,038,887 84,917,788
Distributable earnings/(Accumulated losses) 4,943,179 1,495,794
Total net assets $ 90,044,213 $ 86,475,729
NET ASSET VALUE PER SHARE (in dollars per share) $ 14.49 $ 13.91
Related Party [Member]    
LIABILITIES    
Other payables $ 2,534 $ 37
Nonrelated Party [Member]    
LIABILITIES    
Other payables 15,136 33,663
Investment, Unaffiliated Issuer [Member]    
Investments at fair value:    
Non-control/non-affiliate investments at fair value (amortized cost of $57,398,215 and $50,527,898, respectively) $ 57,669,044 $ 50,254,550