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Consolidated Statements of Assets and Liabilities - USD ($)
Mar. 31, 2023
Jun. 30, 2022
Assets    
Non-controlled, non-affiliated investments, at fair value (amortized cost of $220,410,654 and $254,172,763, respectively) $ 211,666,909 $ 223,037,183
Affiliated investments, at fair value (amortized cost of $23,961,437 and $23,395,242, respectively) 9,648,520 10,646,803
Total investments, at fair value (amortized cost of $244,372,091 and $277,568,005, respectively) 221,315,429 233,683,986
Cash 2,902,376 2,550,021
Cash, restricted 11,256,490 6,605,056
Receivable for investments sold 783,805 835,043
Interest receivable 2,184,798 2,298,443
Payment-in-kind interest receivable 48,973 2,137
Other receivables 6,365 0
Prepaid expenses and other assets 510,888 410,401
Total Assets 239,009,124 246,385,087
Notes payable:    
Revolving credit facility 81,900,000 84,000,000
2026 Notes payable 65,000,000 65,000,000
Deferred debt issuance costs (1,393,889) (1,913,889)
Unamortized discount (213,330) (266,663)
Notes payable, net 145,292,781 146,819,448
Payable for investments purchased 421,396 246,984
Dividend payable 0 2,157,872
Income-based incentive fees payable 33,863 182,095
Base management fees payable 953,327 1,054,063
Interest payable 2,958,418 1,574,356
Directors' fees payable 13,630 20,780
Accrued expenses and other liabilities 1,109,162 820,097
Total Liabilities 150,782,577 152,875,695
Net Assets    
Common stock, par value $0.001 per share (100,000,000 shares authorized 14,391,775 and 14,385,810 shares issued and outstanding, respectively) 14,392 14,386
Additional paid-in capital 203,611,869 203,590,126
Distributable earnings (loss) (115,399,714) (110,095,120)
Total Net Assets 88,226,547 93,509,392
Total Liabilities and Net Assets $ 239,009,124 $ 246,385,087
Net Asset Value Per Share $ 6.13 [1] $ 6.50 [2]
[1] The per share data for dividends and distributions declared reflects the actual amount of the dividends and distributions declared per share during the period.
[2] All per share data activity is calculated based on the weighted average shares outstanding for the relevant period, except net increase (decrease) in net assets from capital share transactions, which is based on the common shares outstanding as of the relevant balance sheet date.