XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Non-controlled, non-affiliated investments:    
Total interest income $ 3,767,470 $ 3,664,714
Dividend income    
Total dividend income 2,138,143 2,013,726
Interest from cash and cash equivalents 227,032 41,108
Fee income (see Note 9) 11,064 2,108
Other income 72,774 22
Total Investment Income 6,216,483 5,721,678
Expenses:    
Interest and financing expenses 2,545,811 1,542,061
Salaries and benefits 1,028,617 1,424,992
Professional fees, net 418,013 357,554
Directors fees 204,000 187,500
Insurance expenses 88,421 97,756
Administrator expenses (see Note 6) 84,355 77,852
General and administrative expenses 221,793 325,061
Total expenses 4,591,010 4,012,776
Net Investment Income 1,625,473 1,708,902
Net realized gains (losses):    
Total net realized gains (losses) 1,168,670 229,804
Net change in unrealized gains (losses):    
Total net change in unrealized gains (losses) (329,986) 2,595,133
Deferred tax benefit (expense)
Total realized and unrealized gains (losses) 838,684 2,824,937
Net Increase (Decrease) in Net Assets Resulting from Operations $ 2,464,157 $ 4,533,839
Weighted average basic earnings per common share (in Dollars per share) $ 1.22 $ 2.19
Weighted average diluted earnings per common share (in Dollars per share) $ 1.22 $ 2.19
Weighted average common shares outstanding - basic (in Shares) 2,019,778 2,072,694
Weighted average common shares outstanding - diluted (in Shares) 2,019,778 2,072,694
Non-controlled, non-affiliated investments    
Non-controlled, non-affiliated investments:    
Cash $ 2,824,594 $ 2,682,143
Payment in-kind 354,681 90,674
Dividend income    
Total dividend income 596,298 665,526
Net realized gains (losses):    
Total net realized gains (losses) 1,168,670 229,804
Net change in unrealized gains (losses):    
Total net change in unrealized gains (losses) 808,538 1,364,243
Affiliated investments    
Non-controlled, non-affiliated investments:    
Cash 455,692
Payment in-kind
Dividend income    
Total dividend income 142,495
Net realized gains (losses):    
Total net realized gains (losses)
Net change in unrealized gains (losses):    
Total net change in unrealized gains (losses) (889,186) 2,431,263
Controlled investments    
Non-controlled, non-affiliated investments:    
Cash 588,195 286,238
Payment in-kind 149,967
Dividend income    
Total dividend income 1,399,350 1,348,200
Net realized gains (losses):    
Total net realized gains (losses)
Net change in unrealized gains (losses):    
Total net change in unrealized gains (losses) $ (249,338) $ (1,200,373)