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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2023
Operating activities    
Net increase (decrease) in net assets resulting from operations $ (1,963,977) $ 19,993,226
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Net realized (gain) loss 0 (74,852)
Change in net unrealized (appreciation) depreciation of investments 3,221,924 (5,216,047)
Net amortization of investment discounts and premiums (183,446) (1,990,118)
Interest and dividend income paid in kind (26,528) (451,155)
Amortization of deferred debt issuance costs 61,527 142,369
Changes in assets and liabilities:    
Purchase of investments (173,645,582) (159,904,776)
Proceeds from disposition of investments 2,491,787 45,320,640
Decrease (increase) in interest, dividends and fees receivable (839,483) (998,923)
Decrease (increase) in receivable for investments sold 0 (45,566)
Decrease (increase) in prepaid expenses and other assets (78,089) (154,467)
Increase (decrease) in payable for investments purchased 6,007,080 (6,792,283)
Increase (decrease) in interest and debt related payables 804,158 611,978
Increase (decrease) in reimbursements due to the Investment Adviser 26,939 114,647
Increase (decrease) in accrued expenses and other liabilities 733,188 1,086,329
Net cash provided by (used in) operating activities (163,390,502) (108,358,998)
Financing activities    
Proceeds from common shares sold 72,000,000 53,403,818
Contribution received in advance 500,000 10,609,204
Draws on credit facilities 105,000,000 93,000,000
Repayments of credit facility draws 0 (46,000,000)
Payments of debt issuance costs (1,888,726) (19,253)
Dividends paid in cash to shareholders 0 (845,839)
Net cash provided by (used in) financing activities 175,611,274 110,147,930
Net increase (decrease) in cash and cash equivalents (including restricted cash) 12,220,772 1,788,932
Cash and cash equivalents (including restricted cash) at beginning of period 0 17,633,729
Cash and cash equivalents (including restricted cash) at end of period 12,220,772 19,422,661
Supplemental cash flow information    
Interest payments 0 4,775,918
Excise tax payments 0 18,395
Distribution payable 0 1,715,730
Reinvestment of dividends during the period $ 0 $ 10,721,128