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Consolidated Statements of Assets and Liabilities - USD ($)
Sep. 30, 2023
Jun. 30, 2023
Jun. 30, 2022
Assets      
Non-controlled, non-affiliated investments, at fair value (amortized cost of $225,962,819 and $219,319,251, respectively) $ 214,626,088 $ 210,150,018  
Affiliated investments, at fair value (amortized cost of $23,940,980 and $23,979,565, respectively) 8,778,195 9,961,311  
Total investments, at fair value (amortized cost of $249,903,799 and $243,298,816, respectively) 223,404,283 220,111,329  
Cash 90,773 1,093,758  
Cash, restricted 14,204,127 8,057,458  
Principal receivable 191,298   $ 93,581
Interest receivable 1,615,135 2,041,877  
Payment-in-kind interest receivable 25,738 46,088  
Other receivables 1,050 1,050  
Prepaid expenses and other assets 225,456 361,719  
Total Assets 239,757,860 231,806,860  
Notes payable:      
Revolving credit facility 69,000,000 71,900,000  
2026 Notes payable 65,000,000 65,000,000  
Deferred debt issuance costs (1,047,222) (1,220,556)  
Unamortized discount (177,775) (195,553)  
Notes payable, net 132,775,003 135,483,891  
Payable for investments purchased 14,841,875 1,795,297  
Dividend payable 2,158,926 2,590,520  
Income-based incentive fees payable 576,023 576,023  
Base management fees payable 1,798,508 906,218  
Interest payable 3,007,074 2,293,766  
Directors' fees payable 5,130 15,755  
Accrued expenses and other liabilities 734,504 445,082  
Total Liabilities 155,897,043 144,106,552  
Net Assets      
Common stock, par value $0.001 per share (100,000,000 shares authorized 14,392,841 and 14,391,775 shares issued and outstanding, respectively) 14,393 14,392  
Additional paid-in capital 203,331,510 203,327,714  
Distributable earnings (loss) (119,485,086) (115,641,798)  
Total Net Assets 83,860,817 87,700,308  
Total Liabilities and Net Assets $ 239,757,860 $ 231,806,860  
Net Asset Value Per Share [1] $ 5.83 [2] $ 6.09 $ 6.5
[1] 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.
[2] The per share data for dividends and distributions declared reflects the actual amount of the dividends and distributions declared per share during the period.