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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Non-controlled, non-affiliated investments:        
Total interest income $ 3,847,954 $ 2,730,804 $ 7,783,515 $ 6,395,518
Dividend income        
Total dividend income 2,070,584 1,652,262 4,208,727 3,665,988
Interest from cash and cash equivalents 45,812 199,266 104,753 240,374
Fee income (see Note 9) 29,673 76,517 40,737 78,625
Other income 25,000 97,774 22
Total Investment Income 6,019,023 4,658,849 12,235,506 10,380,527
Expenses:        
Interest and financing expenses 2,578,963 1,567,352 5,124,774 3,109,413
Salaries and benefits 1,185,054 1,524,508 2,213,671 2,949,500
Professional fees, net 577,965 343,150 995,978 700,704
Directors fees 204,000 187,500 408,000 375,000
Administrator expenses (see Note 6) 112,829 57,550 197,184 135,402
Insurance expenses 86,498 96,694 174,919 194,450
General and administrative expenses 307,739 310,776 529,532 635,837
Total expenses 5,053,048 4,087,530 9,644,058 8,100,306
Net Investment Income 965,975 571,319 2,591,448 2,280,221
Net realized gains (losses):        
Total net realized gains (losses) (1,065,013) (1,790,702) 103,657 (1,560,898)
Net change in unrealized gains (losses):        
Total net change in unrealized gains (losses) (467,459) 6,591,685 (797,445) 9,186,818
Deferred tax benefit (expense), net (329,636) (329,636)
Total realized and unrealized gains (losses) (1,862,108) 4,800,983 (1,023,424) 7,625,920
Net Increase (Decrease) in Net Assets Resulting from Operations $ (896,133) $ 5,372,302 $ 1,568,024 $ 9,906,141
Weighted average basic earnings per common share (in Dollars per share) $ (0.44) $ 2.62 $ 0.78 $ 4.81
Weighted average diluted earnings per common share (in Dollars per share) $ (0.44) $ 2.62 $ 0.78 $ 4.81
Weighted average common shares outstanding - basic (in Shares) 2,019,778 2,048,622 2,019,778 2,060,723
Weighted average common shares outstanding - diluted (in Shares) 2,019,778 2,048,622 2,019,778 2,060,723
Non-controlled, non-affiliated investments        
Non-controlled, non-affiliated investments:        
Cash $ 2,957,380 $ 1,950,898 $ 5,950,065 $ 4,633,041
Payment in-kind 263,784 90,530 618,465 181,204
Dividend income        
Total dividend income 378,232 669,359 974,530 1,797,891
Net realized gains (losses):        
Total net realized gains (losses) (1,065,013) 200,754 103,657 430,558
Net change in unrealized gains (losses):        
Total net change in unrealized gains (losses) 1,183,172 1,796,767 1,991,710 3,161,010
Affiliated investments        
Non-controlled, non-affiliated investments:        
Cash 276,484 732,176
Dividend income        
Total dividend income 111,736 254,231
Net realized gains (losses):        
Total net realized gains (losses) (1,991,456) (1,991,456)
Net change in unrealized gains (losses):        
Total net change in unrealized gains (losses) (92,367) 2,282,655 (981,553) 4,713,918
Controlled investments        
Non-controlled, non-affiliated investments:        
Cash 626,790 294,028 1,214,985 580,266
Payment in-kind 118,864 268,831
Dividend income        
Total dividend income 1,580,616 982,903 2,979,966 1,868,097
Net change in unrealized gains (losses):        
Total net change in unrealized gains (losses) $ (1,558,264) $ 2,512,263 $ (1,807,602) $ 1,311,890