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Consolidated Statements of Cash Flows - USD ($)
8 Months Ended 12 Months Ended
Dec. 31, 2021
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net increase (decrease) in net assets resulting from operations $ 2,314,546 $ 18,771,553 $ 9,993,933
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided (used in) operating activities:      
Net realized (gain) loss on investments (240,492) (45,283) (43,607)
Net change in unrealized (gain) loss on investments (67,642) 3,449,646 817,733
Net accretion of discounts and amortization of premiums (101,958) (1,382,244) (862,570)
Purchases of investments (63,820,333) (90,635,833) (217,512,647)
Proceeds from sales of investments 844,010 2,679,712 7,971,150
Proceeds from principal payments 2,559,788 15,101,932 10,026,750
Amortization of deferred financing costs 37,131 627,611 440,322
Payment-in-kind interest income (249,427) (3,189,791) (495,426)
Changes in operating assets and liabilities:      
Interest receivable (419,381) (418,765) (2,242,657)
Carried interest payable (990,732) 0 0
Management fees payable, net of fee waivers (Note 6) 757,520 71,420 292,472
Incentive fees payable, net of fee waivers (Note 6) 225,883 3,961,476 (225,883)
Credit facility interest payable 172,096 1,362,066 2,111,450
Other payables 107,127 181,769 46,821
Professional fees payable 117,959 113,061 83,824
Due to Shareholder (413,685) 0 0
Legal fees payable (25,132) 585 1,245
Reimbursement expense payable 0 43,193 35,877
Net cash provided by (used in) operating activities (59,192,722) (49,307,892) (189,561,213)
Cash flows from financing activities:      
Proceeds from issuance of common shares, including subscriptions received in advance 41,634,310 38,647,846 95,480,355
Redemption of common shares (13,923,154) 0 0
Payments in repurchase of shares 0 (16,552,049) (2,564,753)
Proceeds from credit facility 35,000,000 96,000,000 188,000,000
Repayments of credit facility (1,000,000) (72,500,000) (69,000,000)
Distributions paid (318,792) (10,200,810) (4,263,621)
Deferred financing and debt issuance costs paid (328,350) 0 (1,623,630)
Net cash provided by (used in) financing activities 61,064,014 35,394,987 206,028,351
Net increase (decrease) in Cash 1,871,292 (13,912,905) 16,467,138
Cash, beginning of period 620,015 18,958,445 2,491,307
Cash, end of period 2,491,307 5,045,540 18,958,445
Non cash operating activities:      
Transfer of investments (see Note 1) (42,865,258) 0 0
Transfer of cash (see Note 1) (620,015) 0 0
Transfer of carried interest payable (see Note 1) 990,732 0 0
Transfer of organizational costs payable (see Note 1) 413,685 0 0
Transfer of other receivables and payables (see Note 1) (134,173) 0 0
Interest received in kind 249,427 3,189,791 495,426
Supplemental and non cash financing activities:      
Shares issued from BDC conversion (see Note 1) 42,215,029 0 0
Shares issued from dividend reinvestment plan (see Note 10) 445,927 10,177,951 3,345,327
Supplemental Information:      
Cash paid for interest $ 13,586 $ 10,626,030 $ 2,731,891