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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Non-controlled, non-affiliated investments:        
Cash $ 1,794,974 $ 1,468,171 $ 5,827,756 $ 3,748,190
Payment in-kind 110,477 102,063 336,257 340,636
Affiliated investments:        
Cash 652,304 (23,496) 1,111,785 486,569
Payment in-kind 93,275 283,036
Controlled investments:        
Cash 30,610 4,375 282,425 1,365,035
Payment in-kind 134,550 380,287
Total interest income 2,722,915 1,644,388 7,938,510 6,223,466
Dividend income 1,926,049 1,846,507 5,461,782 3,463,386
Interest from cash and cash equivalents 95,356 9,255 313,053 18,025
Fee income (see Note 9) 94,482 65,014 339,136 420,279
Other income 93,394 401,986 323,828
Total Investment Income 4,838,802 3,658,558 14,454,467 10,448,984
Expenses:        
Interest and financing expenses 1,415,102 1,201,623 4,029,874 3,910,361
Salaries and benefits 1,277,797 1,037,602 2,937,420 1,973,770
Professional fees, net 310,878 469,550 1,036,024 936,895
General and administrative expenses 253,298 362,989 674,456 849,684
Directors fees 170,833 164,500 541,333 540,000
Insurance expenses 115,654 155,449 361,125 469,803
Administrator expenses (see Note 6) 76,351 58,881 232,172 210,162
Total expenses 3,619,913 3,450,594 9,812,404 8,890,675
Net Investment Income 1,218,889 207,964 4,642,063 1,558,309
Net realized gains (losses):        
Non-controlled, non-affiliated investments (1,374,437) (188,638) (2,199,059) 749,791
Affiliated investments 30,211 30,211 14,737,897
Controlled investments 858 925 24,131 1,850
Total net realized gains (losses) (1,343,368) (187,713) (2,144,717) 15,489,538
Net change in unrealized gains (losses):        
Non-controlled, non-affiliated investments 3,907,130 (9,623,302) 6,233,742 (11,630,618)
Affiliated investments 2,322,910 405,381 3,312,510 (8,529,483)
Controlled investments 2,811,099 (31,533) 7,533,196 1,954,912
Total net change in unrealized gains (losses) 9,041,139 (9,249,454) 17,079,448 (18,205,189)
Loss on extinguishment of debt (see Note 5) (296,197)
Total realized and unrealized gains (losses) 7,697,771 (9,437,167) 14,934,731 (3,011,848)
Net Increase (Decrease) in Net Assets Resulting from Operations $ 8,916,660 $ (9,229,203) $ 19,576,794 $ (1,453,539)
Weighted average basic and diluted earnings per common share (in Dollars per share) $ 4.26 $ (4.19) $ 9.34 $ (0.61)
Weighted average common shares outstanding - basic and diluted (see Note 11) (in Shares) 2,090,691 2,202,115 2,095,591 2,372,849