CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Assets
Loans held for investment at carrying value, net	$ 302,674,743	$ 130,733,630
Current expected credit loss reserve	(1,891,170)	(21,782)
Loans held for investment at carrying value, net of current expected credit loss reserve	300,783,573	130,711,848
Cash and cash equivalents	6,445,328	184,626,770
Interest receivable	2,264,133	1,138,561
Prepaid expenses and other assets	735,230	1,058,601
Total assets	310,228,264	317,535,780
Liabilities
Accrued interest	730,644	131,617
Dividends payable	4,026,296	2,941,964
Current expected credit loss reserve	178,066	18,398
Accrued management and incentive fees	692,716	393,063
Accrued direct administrative expenses	282,296	715,574
Accounts payable and other liabilities	355,865	357,417
Total liabilities	128,265,883	203,398,033
Commitments and contingencies (Note 7)
Shareholders' equity
Preferred stock, par value $0.01 per share, 10,000 shares authorized at December 31, 2025 and 2024 and 0 shares issued and outstanding at December 31, 2025 and 2024, respectively	0	0
Common stock, par value $0.01 per share, 50,000,000 shares authorized at December 31, 2025 and 2024 and 13,420,986 and 7,004,676 shares issued and outstanding at December 31, 2025 and 2024, respectively	134,210	70,047
Additional paid-in capital	186,745,489	115,022,034
Accumulated (deficit) earnings	(4,917,318)	(954,334)
Total shareholders' equity	181,962,381	114,137,747
Total liabilities and shareholders' equity	310,228,264	317,535,780
Nonrelated Party
Liabilities
Line of credit payable	102,250,000	123,840,000
Related Party
Liabilities
Line of credit payable	$ 19,750,000	$ 75,000,000