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Tax (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Summary of Reconciliation of The Fund's Statutory Income Tax Rate To The Fund's Effective Income Tax Rate

No current or deferred provision for federal or state income taxes has been recorded for the period ended December 31, 2022. A reconciliation of the Fund's statutory income tax rate to the Fund's effective income tax rate as of December 31, 2022 is as follows:

Income at U.S. statutory rate			21.00	%
State taxes, net of federal benefit			6.52	%
Permanent differences			192.61	%
Temporary differences			0.91	%
Valuation allowance			-221.04	%
Income tax provision/(benefit)			0.00	%

Summary of Net Deferred Income Tax Asset

The net deferred income tax asset balance as of December 31, 2022 related to the following:

Net Operating Losses		$	962,485
Accrued Expenses & Other			190,409
Management Fees			129,213
Amortization			16,849
Unrealized losses			8,049,055
SPV Income/Losses			26,103
Total deferred tax assets		$	9,374,114
Valuation allowance			9,374,114
Net deferred tax assets (liability)		$	0

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- References

No definition available.

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-2

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 12
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-12

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