XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Controlled investments:        
Total interest income $ 4,198,402 $ 2,722,915 $ 10,593,920 $ 7,938,510
Dividend income        
Total dividend income 1,514,054 1,926,049 5,180,042 5,461,782
Interest from cash and cash equivalents 147,127 95,356 387,501 313,053
Fee income (see Note 9) 375,363 94,482 453,988 339,136
Other income 22 401,986
Total Investment Income 6,234,946 4,838,802 16,615,473 14,454,467
Expenses:        
Interest and financing expenses 1,721,767 1,415,102 4,831,180 4,029,874
Salaries and benefits 1,514,872 1,277,797 4,464,372 2,937,420
Professional fees, net 432,416 310,878 1,133,120 1,036,024
General and administrative expenses 226,903 253,298 862,740 674,456
Directors fees 187,500 170,833 562,500 541,333
Insurance expenses 95,983 115,654 290,433 361,125
Administrator expenses (see Note 6) 75,351 76,351 210,753 232,172
Total expenses 4,254,792 3,619,913 12,355,098 9,812,404
Net Investment Income 1,980,154 1,218,889 4,260,375 4,642,063
Realized and unrealized gains (losses) on investments        
Total net realized gains (losses) 8,698,250 (1,343,368) 7,137,352 (2,144,717)
Net change in unrealized gains (losses):        
Total net change in unrealized gains (losses) (8,069,793) 9,041,139 1,117,025 17,079,448
Total realized and unrealized gains (losses) 628,457 7,697,771 8,254,377 14,934,731
Net Increase (Decrease) in Net Assets Resulting from Operations $ 2,608,611 $ 8,916,660 $ 12,514,752 $ 19,576,794
Weighted average basic earnings per common share (in Dollars per share) $ 1.29 $ 4.26 $ 6.11 $ 9.34
Weighted average common shares outstanding - basic (in Shares) 2,019,786 2,090,691 2,047,127 2,095,591
Non-controlled, non-affiliated investments        
Non-controlled, non-affiliated investments:        
Cash $ 2,971,965 $ 1,794,974 $ 7,605,006 $ 5,827,756
Payment in-kind 231,113 110,477 412,317 336,257
Dividend income        
Total dividend income 531,151 1,216,137 1,963,744 2,824,666
Realized and unrealized gains (losses) on investments        
Total net realized gains (losses) 155,419 (1,374,437) 585,977 (2,199,059)
Net change in unrealized gains (losses):        
Total net change in unrealized gains (losses) 1,823,185 3,907,130 4,984,195 6,233,742
Affiliated investments        
Non-controlled, non-affiliated investments:        
Cash 10,682 652,304 742,858 1,111,785
Payment in-kind
Dividend income        
Total dividend income
Realized and unrealized gains (losses) on investments        
Total net realized gains (losses) 30,211 (1,991,456) 30,211
Net change in unrealized gains (losses):        
Total net change in unrealized gains (losses) 73,960 2,322,910 4,787,878 3,312,510
Controlled investments        
Non-controlled, non-affiliated investments:        
Cash 650,244 30,610 1,230,510 282,425
Payment in-kind 334,398 134,550 603,229 380,287
Dividend income        
Total dividend income 982,903 709,912 3,216,298 2,637,116
Realized and unrealized gains (losses) on investments        
Total net realized gains (losses) 8,542,831 858 8,542,831 24,131
Net change in unrealized gains (losses):        
Total net change in unrealized gains (losses) $ (9,966,938) $ 2,811,099 $ (8,655,048) $ 7,533,196