XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Non-controlled, non-affiliated investments:        
Cash $ 2,116,741 $ 1,264,327 $ 4,032,782 $ 2,280,019
Payment in-kind 119,593 100,062 225,780 238,573
Affiliated investments:        
Cash 261,028 387,918 459,481 510,065
Payment in-kind 92,733 189,761
Controlled investments:        
Cash 57,188 807,022 251,815 1,360,660
Payment in-kind 155,994 245,737
Total interest income 2,710,544 2,652,062 5,215,595 4,579,078
Dividend income 1,503,375 913,949 3,535,733 1,616,879
Interest from cash and cash equivalents 125,471 6,031 217,697 8,770
Fee income (see Note 9) 171,055 85,143 244,654 355,265
Other income 401,986 401,986 230,434
Total Investment Income 4,912,431 3,657,185 9,615,665 6,790,426
Expenses:        
Interest and financing expenses 1,381,596 1,221,063 2,614,772 2,708,738
Salaries and benefits 802,090 430,293 1,659,623 936,168
Professional fees, net 377,229 160,594 725,146 467,345
General and administrative expenses 201,181 290,136 421,158 486,695
Directors fees 176,500 167,000 370,500 375,500
Insurance expenses 121,387 155,450 245,471 314,354
Administrator expenses (see Note 6) 77,937 82,415 155,821 151,281
Total expenses 3,137,920 2,506,951 6,192,491 5,440,081
Net Investment Income 1,774,511 1,150,234 3,423,174 1,350,345
Net realized gains (losses):        
Non-controlled, non-affiliated investments (838,070) 453,916 (824,622) 938,429
Affiliated investments 14,737,897
Controlled investments 23,273 23,273 925
Total net realized gains (losses) (814,797) 453,916 (801,349) 15,677,251
Net change in unrealized gains (losses):        
Non-controlled, non-affiliated investments 803,513 (2,139,279) 2,326,612 (2,007,316)
Affiliated investments 274,063 1,538,979 989,600 (8,934,864)
Controlled investments 4,670,928 1,968,804 4,722,097 1,986,445
Total net change in unrealized gains (losses) 5,748,504 1,368,504 8,038,309 (8,955,735)
Loss on extinguishment of debt (see Note 5) (296,197)
Total realized and unrealized gains (losses) 4,933,707 1,822,420 7,236,960 6,425,319
Net Increase (Decrease) in Net Assets Resulting from Operations $ 6,708,218 $ 2,972,654 $ 10,660,134 $ 7,775,664
Weighted average basic and diluted earnings per common share (in Dollars per share) $ 3.2 $ 1.24 $ 5.08 $ 3.16
Weighted average basic and diluted net investment income (loss) per common share (in Dollars per share) $ 0.85 $ 0.48 $ 1.63 $ 0.55
Weighted average common shares outstanding - basic and diluted (see Note 11) (in Shares) 2,095,193 2,397,911 2,098,041 2,458,222