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Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Non-controlled/non-affiliate, Controlled/affiliate, investment income [Abstract]        
Other income $ 0 $ 0 $ 167,434 $ 34,798
Dividend income 111,533 30,964 800,272 153,177
Total investment income 9,287,461 9,440,331 30,344,707 33,456,449
Operating expenses:        
Interest and other financing fees 2,165,975 3,106,779 6,006,295 10,211,280
Management fees (Note 6) 1,161,778 1,078,294 3,522,582 3,306,940
Incentive fees (Note 6) 554,509 801,653 2,696,547 3,145,659
Professional fees 578,842 384,728 1,588,705 1,189,807
General and administrative fees 256,142 130,727 746,558 443,769
Legal expenses 197,690 97,305 390,710 293,012
Director expenses 35,000 61,510 105,000 108,750
Tax expenses 10,607 0 10,607 0
Total expenses before fee waivers 4,960,543 5,660,996 15,067,004 18,699,217
Net investment income before fee waivers 4,326,918 3,779,335 15,277,703 14,757,232
Incentive fee waiver (Note 6) 0 (1,120,588) 0 (1,120,588)
Total expenses 4,960,543 4,540,408 15,067,004 17,578,629
Net investment income before taxes 4,326,918 4,899,923 15,277,703 15,877,820
Income tax expense 38,585 0 761,000 0
Net investment income 4,288,333 4,899,923 14,516,703 15,877,820
Net realized gain (loss):        
Net realized gain (loss) on investments 0 0 4,352,098 2,034,517
Net change in unrealized gain (loss):        
Net change in unrealized gain (loss) on investments (150,151) (226,441) (10,654,511) (10,862,337)
Net gain (loss) (150,151) (226,441) (6,302,413) (8,827,820)
Benefit (provision) for taxes on change in unrealized appreciation (depreciation) on investments 429,903 0 2,139,870 0
Net increase (decrease) in net assets resulting from operations $ 4,568,085 $ 4,673,482 $ 10,354,160 $ 7,050,000
Per common share data:        
Net investment income per share - basic (in dollars per share) $ 0.43 $ 0.58 $ 1.52 $ 1.96
Net investment income per share - diluted (in dollars per share) 0.43 0.58 1.52 1.96
Net increase (decrease) in net assets resulting from operations per share - basic (in dollars per share) 0.41 0.55 0.89 0.87
Net increase (decrease) in net assets resulting from operations per share - diluted (in dollars per share) $ 0.41 $ 0.55 $ 0.89 $ 0.87
Weighted average shares outstanding - basic (in shares) 10,084,256 8,507,138 10,023,223 8,099,067
Weighted average shares outstanding - diluted (in shares) 10,084,256 8,507,138 10,023,223 8,099,067
Non-controlled/Non-affiliated Investments [Member]        
Non-controlled/non-affiliate, Controlled/affiliate, investment income [Abstract]        
Interest income $ 7,421,040 $ 7,576,521 $ 23,940,656 $ 27,698,324
PIK interest income 678,019 615,739 2,186,406 3,041,693
Other income 505,158 8,208 942,387 170,192
Dividend income 111,533 30,964 800,272 153,177
Net realized gain (loss):        
Net realized gain (loss) on investments 0 0 4,352,098 2,034,517
Net change in unrealized gain (loss):        
Net change in unrealized gain (loss) on investments (758,722) 540,742 (12,302,873) (3,558,865)
Controlled/Affiliate Investments [Member]        
Non-controlled/non-affiliate, Controlled/affiliate, investment income [Abstract]        
Interest income 441,910 1,069,033 1,887,248 1,909,109
PIK interest income 123,615 139,866 548,692 277,670
Other income 6,186 0 39,046 0
Dividend income 0 0 0 206,284
Net change in unrealized gain (loss):        
Net change in unrealized gain (loss) on investments $ 608,571 $ (767,183) $ 1,648,362 $ (7,303,472)