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Statements of Assets and Liabilities - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Investments, at fair value:    
Total investments $ 253,875,915 $ 213,433,199
Cash and cash equivalents 4,371,938 2,856,829
Interest receivable 3,043,248 1,856,577
Deferred offering costs 49,064 107,049
Deferred debt issuance costs 45,960 141,719
Prepaid expenses and other assets 105,409 259,214
Total assets 261,491,534 218,654,587
Liabilities    
Debt (net of deferred issuance costs of $14,626 and $15,167, respectively) 19,595,374 37,594,833
Payable for investments purchased 1,151,822 272,997
Incentive fees payable (Note 3) 919,929 0
Reimbursements due to the advisor 149,535 285,287
Interest and debt related payables 89,833 113,192
Dividend payable 0 4,350,000
Management fees payable 0 445,634
Accrued expenses and other liabilities 571,106 483,168
Total liabilities 22,477,599 43,545,111
Commitments and contingencies (Note 5)
Net Assets 239,013,935 175,109,476
Composition of net assets applicable to common shareholders    
Common stock, $0.001 par value; 300,000,000 shares authorized, 23,753,110 and 17,459,576 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 23,754 17,460
Paid-in capital in excess of par 245,279,448 180,302,036
Distributable earnings (loss) (6,289,267) (5,210,020)
Total net assets 239,013,935 175,109,476
Total liabilities and net assets $ 261,491,534 $ 218,654,587
Net assets per share [1] $ 10.06 $ 10.03
Non-Controlled, Non-Affiliated Investments    
Investments, at fair value:    
Total investments $ 253,875,915 $ 213,433,199
[1] Per share changes in net asset value are computed based on the actual number of shares outstanding during the time such activity occurred.