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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net increase (decrease) in net assets resulting from operations $ 6,643,763 $ (869,394)
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Net change unrealized (appreciation) depreciation on investments (237,857) 971,079
Net realized (gain) loss on investments (1,046,710) (113,400)
Payment-in-kind interest capitalized (997,974) (646)
Net accretion of discount and amortization of premium (1,200,240) (24,279)
Amortization of deferred financing costs 171,594 0
Amortization of offering costs 299,856 90,647
Purchases of investments (113,795,687) (118,966,883)
Proceeds from sale of investments and principal repayments 64,945,786 24,482,869
Changes in operating assets and liabilities:    
Interest receivable (336,076) (479,925)
Deferred offering costs (241,422) (142,706)
Receivable for investments sold 1,159,083 (17,701,185)
Due from Advisor 161,150 0
Other assets (64,530) (44,922)
Payable for investments purchased (4,773,135) 64,982,555
Due to Advisor and affiliates (42,943) 217,977
Management fee payable 27,098 82,909
Administrative service expense payable 0 32,485
Income incentive fee payable 36,138 0
Capital gains incentive fee payable 31,878 0
Interest and credit facility fees payable 692,998 0
Accrued expenses and other liabilities 225,139 757,809
Net cash provided by (used in) operating activities (48,342,091) (46,725,010)
Cash flows from financing activities:    
Proceeds from Secured Credit Facility 60,000,000 0
Dividends paid in cash (4,689,880) 0
Proceeds from issuance of common shares 7,163,000 81,857,000
Net cash provided by (used in) financing activities 62,473,120 81,857,000
Net increase (decrease) in cash and cash equivalents 14,131,029 35,131,990
Cash, cash equivalents and restricted cash, beginning of period 73,025,293 10,000
Cash, cash equivalents and restricted cash, end of period 87,156,322 35,141,990
Supplemental information and non-cash activities:    
Subscription receivable 0 125,000,000
Cash paid for interest 4,607,576 0
Reinvestment of distributions $ 7,764,317 $ 0