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Investment Income | 3 Months Ended
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Mar. 31, 2026
Investment Income [Abstract] |
INVESTMENT INCOME | NOTE 12. INVESTMENT INCOME The following table sets forth the components of investment income for the three months ended March 31, 2026 and 2025, respectively:
|  | Three Months Ended March 31, 2026 |  | Three Months Ended March 31, 2025
Interest income – debt investments |  |  |  |  |  |  |
Stated interest income |  | $ | 3,317,518 |  | $ | 3,960,281 |
Original issue discount and market discount income |  |  | 994,796 |  |  | 870,249 |
Discount income/(amortization of premium) derived from unscheduled remittances at par |  |  | 6,436 |  |  | (4,126 | )
Total interest income – debt investments(1) |  | $ | 4,318,750 |  | $ | 4,826,404 |
Interest income – debt investments – PIK(1) |  | $ | 786,922 |  | $ | 708,351 |
Income from securitization vehicles and investments |  | $ | 3,224,198 |  | $ | 3,956,053 |
Commitment, amendment and other fee income |  |  |  |  |  |  |
Fee letters |  | $ | 203,583 |  | $ | 145,678 |
Money market fund income and all other fees(2) |  |  | 409,225 |  |  | 524,564 |
Total commitment, amendment and other fee income |  | $ | 612,808 |  | $ | 670,242 |
Total investment income |  | $ | 8,942,678 |  | $ | 10,161,050 |
(1) Change in prior period was made to conform to the current period presentation. (2) For the three months ended March 31, 2025, the Company earned approximately $131,000 of PIK fees. The 1940 Act requires that a BDC offer significant managerial assistance to its portfolio companies. The Company may receive fee income for managerial assistance it renders to portfolio companies in connection with its investments. For the three months ended March 31, 2026 and 2025, the Company received no fee income for managerial assistance.

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- Definition The entire disclosure for investment. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/320/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 321 -Publisher FASB -URI https://asc.fasb.org/321/tableOfContent Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 325 -Publisher FASB -URI https://asc.fasb.org/325/tableOfContent + Details
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