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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities:    
Net increase (decrease) in net assets resulting from operations $ 4,533,839 $ 3,951,916
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Proceeds from sale and settlements of investments 22,052,279 19,188,416
Purchases, originations and participations (14,290,362) (6,931,516)
Investment increases due to payment-in-kind interest (240,641) (195,930)
Net amortization of premium (discount) on investments (457,300) (72,247)
Amortization of debt issuance cost 83,579 103,192
Amortization of deferred financing cost 91,848 30,431
Net realized (gains) losses from investments (229,804) (13,448)
Net unrealized (gains) losses on investments (2,595,133) (2,289,805)
(Increase) decrease in operating assets:    
Interest receivable (429,022) (985,314)
Due from affiliate (7,800) (29,058)
Receivable for investments sold 3,940,175
Dividends receivable (81,823)
Paydown receivable (287,808)
Other receivable 31,425 36,992
Prepaid share repurchase 66,724 104,519
Other assets 217,429 138,264
Increase (decrease) in operating liabilities:    
Payable for investments purchased (4,123,059) (16,550,000)
Accounts payable and accrued expenses (1,451,804) (998,141)
Administrator expenses payable 72,852 (6,644)
Interest and fees payable 30,943
Deferred revenue (421,685) 146,919
Other liabilities (38,334) (37,682)
Net cash provided by (used in) operating activities 6,754,326 (4,696,944)
Cash Flows from Financing Activities:    
Debt issuance costs paid
Deferred financing costs (30,000) (312,523)
Repurchase of common shares (538,574) (104,519)
Net cash provided by (used in) financing activities (568,574) (417,042)
Net increase (decrease) in cash and cash equivalents 6,185,752 (5,113,986)
Cash and cash equivalents, beginning of period 5,988,223 22,768,066
Cash and cash equivalents, end of period 12,173,975 17,654,080
Supplemental information:    
Interest paid during the period $ 1,319,852 $ 1,099,553