Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Summary of Income Tax Permanent Differences in the Book and Tax Basis of Certain Assets and Liabilities, and Non-Deductible Expenses, Among Other Items

For the year ended December 31, 2023 permanent differences were as follows:

	For the Year Ended December 31, 2023
Undistributed net investment income (loss)	$	488,192
Accumulated net realized gain (loss)		(57,473	)
Paid In Capital	$	(430,719	)

Summary of Reconciles the Increase in Net Assets Resulting from Operations to Taxable Income

The following reconciles the increase in net assets resulting from operations to taxable income for the years ended December 31, 2023:

	For the Year Ended December 31, 2023
Net increase (decrease) in net assets resulting from operations	$	20,364,991
Net unrealized (appreciation) depreciation		(7,155,205	)
Realized gain (loss) for tax not included in book income		(346,768	)
Non-deductible capital gains incentive fee		1,090,162
Other timing differences and non-deductible expenses		428,374
Realized losses for tax not recognized		—
Total Taxable/distributable income	$	14,381,554

Components of Accumulated Gains / Losses as Calculated on A Tax Basis for the Taxable

The components of accumulated gains / losses as calculated on a tax basis for the taxable year ended December 31, 2023 as follows:

	For the Year Ended December 31, 2023
Distributable ordinary income		1,161,852
Capital loss carryfoward		—
Other temporary book/tax differences		(1,087,817	)
Net unrealized appreciation/(depreciation) on investments		7,501,973
Total accumulated under-distributed (over-distributed) earnings		7,576,008

Summary of Capital Losses

Capital losses for the year ended December 31, 2023, which will be deemed to arise on the first day of the tax year ended December 31, 2024, were as follows:

	For the Year Ended December 31, 2023
Capital loss carryfoward	$	—

Schedule of Cost and Unrealized Gain (Loss) of the Investments, As Calculated on a Tax Basis

The cost and unrealized gain (loss) of the Company’s investments, as calculated on a tax basis, at December 31, 2023 as follows:

	For the Year Ended December 31, 2023
Gross unrealized appreciation		7,895,221
Gross unrealized depreciation		(393,248	)
Net unrealized appreciation (depreciation) earnings	$	7,501,973
Tax cost of investments	$	344,876,547