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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating Activities:    
Net increase in net assets resulting from operations $ 42,985,490 $ 30,046,363
Adjustments to reconcile net increase in net assets resulting from operations to net cash used in operating activities:    
Purchases of investments (192,759,287) (64,182,774)
Proceeds from return of capital on investments 2,462,715 0
Net change in unrealized appreciation on investments (34,502,715) (22,819,680)
Amortization of deferred offering expenses 69,135 250,174
Amortization of deferred financing costs 40,862 37,328
Increase (decrease) in net due to (from) related parties 8,445,068 1,755,022
(Decrease) increase in payable for investments purchased 0 (118,009)
Increase in accounts payable and other accrued expenses 275,846 59,634
Increase in deferred offering expenses (7,586) (286,300)
Increase in deferred tax liabilities, net 1,610,074 266,789
Increase in prepaid expenses and other assets (32,576) (11,758)
Net cash used in operating activities (171,412,974) (55,003,211)
Financing Activities:    
Proceeds from issuance of common shares 162,966,169 122,100,131
Payment on repurchases of common shares (4,750,830) (7,901,923)
Distributions paid, net of distributions reinvested (10,765,618) (7,395,691)
Deferred financing costs (20,750) (65,100)
Net cash provided by financing activities 147,428,971 106,737,417
Net (decrease) increase in cash and restricted cash (23,984,003) 51,734,206
Cash and restricted cash, beginning of period 82,688,211 30,954,005
Cash and restricted cash, end of period 58,704,208 82,688,211
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 1,529,500 0
Supplemental disclosure of non-cash financing activities:    
Distributions reinvested 4,174,382 2,109,793
Amounts incurred but not paid (including amounts due to related parties):    
Distributions payable 1,566,489 1,017,405
Offering costs 175,749 122,779
Payable for shares repurchased $ 508,770 $ 1,968,732