Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Tax Character of Distributions Paid to Shareholders

The tax character of distributions paid to shareholders during the year ended December 31, 2025 was as follows:

	For the Fiscal Year December 31,
	2025
Ordinary income	$	41,719
Capital gains		-
Return of capital		-
Total distributions paid to stockholders	$	41,719

Reconciliation of Net Increase in Net Assets Resulting from Operations to Taxable Income

The following table reconciles the net increase in net assets resulting from operations to taxable income for the fiscal year ended December 31, 2025:

	For the Fiscal Year December 31,
	2025
Net increase (decrease) in net assets resulting from operations	$	43,999
Adjustments:
Net realized losses (gains)		(1,467	)
Net change in unrealized losses (gains)		(1,529	)
Income not currently taxable		-
Income (loss) recognized for tax but not book		(30	)
Expenses not currently deductible		237
Expenses incurred for tax but not book		-
Realized gain/loss differences		-
Taxable income before deductions for distributions	$	41,210

Components of Accumulated Losses on Tax Basis

The following table shows the components of accumulated losses on a tax basis for the fiscal year ended December 31, 2025:

	For the Fiscal Year December 31,
	2025
Undistributed ordinary income	$	986
Capital loss carryforward		-
Other temporary book-to-tax differences		(222	)
Post-October capital loss deferral		-
Unrealized appreciation (depreciation)		1,529
Total accumulated under-distributed (over-distributed) earnings	$	2,293