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Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Non-control/non-affiliate investment income        
Fee income $ 131,250 $ 410,000 $ 131,250 $ 410,000
EXPENSES        
Income-based incentive fees 442,673 0 646,494 0
Management fee 257,489 55,041 495,908 55,041
Legal expenses 87,256 222,982 186,016 257,051
Audit expense 87,500 83,750 185,383 93,750
Administrator fees 87,853 62,546 165,697 109,697
Insurance expense 66,393 75,542 135,475 122,030
Valuation fees 21,000 0 94,065 0
Director expenses 31,746 35,747 67,690 35,747
Professional fees 17,775 0 35,967 40,885
Custodian fees 12,000 0 24,000 24,000
Organizational expenses 0 0 0 34,168
Capital gains incentive fee (137,602) 0 5,000 0
Other expenses 20,204 52,738 39,708 41,581
Total expenses 994,287 588,346 2,081,403 813,950
NET INVESTMENT INCOME (LOSS) 1,899,412 221,245 3,270,135 5,714
NET REALIZED GAIN (LOSS) FROM INVESTMENTS        
Net realized gain (loss) from investments (210,767) 0 (210,767) 0
NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) ON INVESTMENTS        
Net change in unrealized appreciation/(depreciation) on investments (477,241) (9,508) 509,116 (9,508)
Net realized and unrealized gains (losses) (688,008) (9,508) 298,349 (9,508)
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS $ 1,211,404 $ 211,737 $ 3,568,484 $ (3,794)
NET INVESTMENT INCOME (LOSS) PER SHARE - BASIC (in dollars per share) $ 0.31 $ 0.04 $ 0.53 $ 0
NET INVESTMENT INCOME (LOSS) PER SHARE - DILUTED (in dollars per share) 0.31 0.04 0.53 0
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC (in dollars per share) 0.19 0.03 0.57 0
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED (in dollars per share) $ 0.19 $ 0.03 $ 0.57 $ 0
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares) 6,214,672 6,214,672 6,214,672 4,893,441
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (in shares) 6,214,672 6,214,672 6,214,672 4,893,441
Investment, Unaffiliated Issuer [Member]        
Non-control/non-affiliate investment income        
Interest income $ 2,762,449 $ 399,591 $ 5,220,288 $ 409,664
Fee income 131,250 410,000 131,250 410,000
Total investment income 2,893,699 809,591 5,351,538 819,664
NET REALIZED GAIN (LOSS) FROM INVESTMENTS        
Net realized gain (loss) from investments (210,767) 0 (210,767) 0
NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) ON INVESTMENTS        
Net change in unrealized appreciation/(depreciation) on investments $ (477,241) $ (9,508) $ 509,116 $ (9,508)