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Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net decrease in net assets resulting from operations $ (25,524,821) $ (8,121,517)
Adjustments to reconcile net decrease in net assets resulting from operations to net cash (used in)/provided by operating activities:    
Accretion of discounts on investments (994,796) (870,249)
Accretion of discount on notes payable and deferred debt issuance costs 236,100 152,557
PIK income (786,922) (839,332)
Purchases of investments (21,754,423) (18,529,963)
Repayments of principal 392,831 8,684,540
Proceeds from the sale of investments 9,177,794
Net realized losses on investments 30,738,465 12,158,495
Reductions to CLO equity cost value 3,882,610 1,721,862
Net change in unrealized (appreciation)/depreciation on investments (1,063,853) 2,066,896
Decrease in interest and distributions receivable 471,029 297,681
Decrease in other assets 41,784 188,228
Decrease in Base Fee and Net Investment Income Incentive Fee payable (45,427) (157,180)
Increase in accrued expenses 12,427 58,045
Net cash (used in)/provided by operating activities (14,394,996) 5,987,857
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions paid (net of stock issued under distribution reinvestment plan of $349,441 and $223,400, respectively, and distributions payable) (8,920,740) (7,126,302)
Proceeds from issuance of common stock 12,465,542 3,573,607
Underwriting fees and offering costs for the issuance of common stock (159,741) (108,958)
Net cash provided by/(used in) financing activities 3,385,061 (3,661,653)
Net (decrease)/increase in cash and cash equivalents (11,009,935) 2,326,204
Cash and cash equivalents, beginning of period 51,934,647 34,926,468
Cash and cash equivalents, end of period 40,924,712 37,252,672
NON-CASH FINANCING ACTIVITIES    
Value of shares issued in connection with distribution reinvestment plan 349,441 223,400
SUPPLEMENTAL DISCLOSURES    
Cash paid for interest 2,555,156 1,806,730
Securities sold not settled 1,589,875
Securities purchased not settled $ 9,516,875