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Consolidated Statements of Assets and Liabilities - USD ($)
Dec. 31, 2024
Jun. 30, 2024
Jun. 30, 2023
Assets      
Total investments, at fair value $ 191,616,958 $ 184,569,530 $ 220,111,329
Cash 771,483 158,768 1,093,758
Cash, restricted 11,333,064 4,950,036 8,057,458
Principal receivable 720,855 50,609 93,581
Interest receivable 1,576,381 1,301,516 2,041,877
Payment-in-kind interest receivable 85,399 66,625 46,088
Long-term receivable 489,365 631,667 0
Escrow receivable 0 97,173 0
Short-term receivable 160,901 0 0
Total amount due from affiliate 0 0 1,050
Prepaid expenses and other assets 97,324 411,821 361,719
Total Assets 206,851,730 192,237,745 231,806,860
Debt:      
Revolving credit facility 58,500,000 43,000,000 71,900,000
2026 Notes payable 65,000,000 65,000,000 65,000,000
Deferred debt issuance costs (1,369,415) (1,654,870) (1,220,556)
Unamortized discount (88,888) (124,443) (195,553)
Debt, net 122,041,697 106,220,687 135,483,891
Payable for investments purchased 1,474,677 7,425,000 1,795,297
Dividend payable 1,728,749 0 2,590,520
Income-based incentive fees payable 501,955 128,876 576,023
Base management fees payable 769,176 816,777 906,218
Interest payable 1,894,921 1,950,925 2,293,766
Directors' fees payable 81,323 0 15,755
Total amount due to affiliates 757,102 685,271 445,082
Total Liabilities 129,249,600 117,227,536 144,106,552
Commitments and Contingencies (see Note 6)
Net Assets      
Common stock, par value $0.001 per share (100,000,000 shares authorized and 14,406,244,14,403,752, and 14,391,775 shares issued and outstanding, respectively) 14,406 14,404 14,392
Additional paid-in capital 203,505,480 203,103,263 203,327,714
Distributable earnings (loss) (125,917,756) (128,107,458) (115,641,798)
Total Net Assets 77,602,130 75,010,209 87,700,308
Total Liabilities and Net Assets $ 206,851,730 $ 192,237,745 $ 231,806,860
Net Asset Value Per Share [1] $ 5.39 $ 5.21 $ 6.09
Non-controlled, non-affiliated investments      
Assets      
Total investments, at fair value $ 188,602,029 $ 181,948,376 $ 210,150,018
Affiliate Investments      
Assets      
Total investments, at fair value $ 3,014,929 $ 2,621,154 $ 9,961,311
[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.