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Consolidated Statements of Assets and Liabilities - USD ($)
Sep. 30, 2024
Jun. 30, 2024
Assets    
Affiliated investments, at fair value $ 190,142,159 $ 184,569,530
Cash 1,748,802 158,768
Cash, restricted 8,341,711 4,950,036
Principal receivable 109,826 50,609
Interest receivable 1,564,642 1,301,516
Payment-in-kind interest receivable 83,768 66,625
Long-term receivable 644,831 631,667
Escrow receivable 99,198 97,173
Prepaid expenses and other assets 282,217 411,821
Total Assets 203,017,154 192,237,745
Notes payable:    
Revolving credit facility 47,500,000 43,000,000
2026 Notes payable 65,000,000 65,000,000
Deferred debt issuance costs (1,502,278) (1,654,870)
Unamortized discount (106,665) (124,443)
Notes payable, net 110,891,057 106,220,687
Payable for investments purchased 5,188,030 7,425,000
Dividend payable 1,728,450 0
Income-based incentive fees payable 630,415 128,876
Base management fees payable 770,841 816,777
Interest payable 2,649,596 1,950,925
Directors' fees payable 0 0
Accrued expenses and other liabilities 1,270,377 685,271
Total Liabilities 123,128,766 117,227,536
Commitments and Contingencies
Net Assets    
Common stock, par value $0.001 per share (100,000,000 shares authorized 14,403,752 and 14,403,752 shares issued and outstanding, respectively) 14,404 14,404
Additional paid-in capital 203,103,263 203,103,263
Distributable earnings (loss) (123,229,279) (128,107,458)
Total Net Assets 79,888,388 75,010,209
Total Liabilities and Net Assets $ 203,017,154 $ 192,237,745
Net Asset Value Per Share [1] $ 5.55 [2] $ 5.21
Non-Controlled, Non-Affiliated Investments    
Assets    
Affiliated investments, at fair value $ 186,721,026 $ 181,948,376
Non-Controlled, Affiliated Investments    
Assets    
Affiliated investments, at fair value $ 3,421,133 $ 2,621,154
[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.