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Consolidated Statements of Operations (unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Non-controlled, non-affiliated investments:        
Cash $ 1,950,898 $ 2,116,741 $ 4,633,041 $ 4,032,782
Payment in-kind 90,530 119,593 181,204 225,780
Affiliated investments:        
Cash 276,484 261,028 732,176 459,481
Payment in-kind
Controlled investments:        
Cash 294,028 57,188 580,266 251,815
Payment in-kind 118,864 155,994 268,831 245,737
Total interest income 2,730,804 2,710,544 6,395,518 5,215,595
Dividend income 1,652,262 1,503,375 3,665,988 3,535,733
Interest from cash and cash equivalents 199,266 125,471 240,374 217,697
Fee income (see Note 9) 76,517 171,055 78,625 244,654
Other income 401,986 22 401,986
Total Investment Income 4,658,849 4,912,431 10,380,527 9,615,665
Expenses:        
Interest and financing expenses 1,567,352 1,381,596 3,109,413 2,614,772
Salaries and benefits 1,524,508 802,090 2,949,500 1,659,623
General and administrative expenses 310,776 201,181 635,837 421,158
Professional fees, net 343,150 377,229 700,704 725,146
Directors fees 187,500 176,500 375,000 370,500
Insurance expenses 96,694 121,387 194,450 245,471
Administrator expenses (see Note 6) 57,550 77,937 135,402 155,821
Total expenses 4,087,530 3,137,920 8,100,306 6,192,491
Net Investment Income 571,319 1,774,511 2,280,221 3,423,174
Realized and unrealized gains (losses) on investments        
Non-controlled, non-affiliated investments 200,754 (838,070) 430,558 (824,622)
Affiliated investments (1,991,456) (1,991,456)
Controlled investments 23,273 23,273
Total net realized gains (losses) (1,790,702) (814,797) (1,560,898) (801,349)
Net change in unrealized gains (losses):        
Non-controlled, non-affiliated investments 1,796,767 803,513 3,161,010 2,326,612
Affiliated investments 2,282,655 274,063 4,713,918 989,600
Controlled investments 2,512,263 4,670,928 1,311,890 4,722,097
Total net change in unrealized gains (losses) 6,591,685 5,748,504 9,186,818 8,038,309
Total realized and unrealized gains (losses) 4,800,983 4,933,707 7,625,920 7,236,960
Net Increase (Decrease) in Net Assets Resulting from Operations $ 5,372,302 $ 6,708,218 $ 9,906,141 $ 10,660,134
Weighted average basic earnings per common share (in Dollars per share) $ 2.62 $ 3.2 $ 4.81 $ 5.08
Weighted average common shares outstanding - basic (in Shares) 2,048,622 2,095,193 2,060,723 2,098,041