CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Revenue
Interest income	$ 10,272,686	$ 4,958,523
Interest expense	(2,967,637)	(336,159)
Net interest income	7,305,049	4,622,364
Expenses
Management and incentive fees	1,635,136	0
General and administrative expenses	743,099	753,126
Stock-based compensation	369,962	243,621
Professional fees	243,219	408,532
Total expenses	2,991,416	1,405,279
Provision for current expected credit losses	(60,283)	(117,648)
Net income before income taxes	4,253,350	3,099,437
Income tax expense	0	0
Net income	$ 4,253,350	$ 3,099,437
Earnings per common share:
Basic (in dollars per share)	$ 0.32	$ 0.27
Diluted (in dollars per share)	$ 0.32	$ 0.27
Weighted average number of common shares outstanding:
Basic (in shares)	13,319,225	11,208,015
Diluted (in shares)	13,325,211	11,221,016