v3.25.3
CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Investments in portfolio securities at fair value:    
Control investments (cost at $10,500 and $18,611, respectively) $ 22,850 $ 27,500
Non-affiliate investments (cost at $4,250 and $0, respectively) 10,632 0
Total investments in portfolio securities at fair value 33,482 27,500
Cash and cash equivalents 69 262
Accounts receivable from affiliates 1,319 678
Accrued interest 2,164 1,470
Other assets 32 26
Total Assets 37,066 29,936
Liabilities and net assets    
Accounts payable 557 332
Accrued compensation 3 1
Accounts payable to related parties 753 93
Notes payable 1,642 0
Total Liabilities 2,955 426
Net assets    
Preferred stock, $.001 par value per share; 10,000,000 shares authorized as of June 30, 2025 and December 31, 2024 Common stock, par value 14 14
Capital in excess of par value 75,529 74,785
Accumulated deficit (41,432) (45,289)
Total net assets 34,111 29,510
Shares of common stock issued and outstanding, $.001 par value, 100,000 and 50,000 shares authorized, respectively $ 13,586 $ 13,586
Net asset value per share $ 2.51 $ 2.17