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CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Interest income:        
Control investments $ 322 $ 32 $ 924 $ 40
Total interest income 322 32 924 40
Interest from U.S. Treasury bills 12 10 24 20
Total investment income 334 42 948 60
Expenses:        
Compensation expense 429 692 1,334 1,502
Professional fees 238 202 1,172 728
Professional liability expenses 141 148 439 513
Director fees and expenses 76 75 255 258
Mailing, printing and other expenses 25 13 106 65
General and administrative expenses 40 31 136 101
Taxes 5 3 30 10
Interest expense 63 12 129 14
Total expenses 1,017 1,176 3,601 3,191
Net investment loss (683) (1,134) (2,653) (3,131)
Net realized gain:        
U.S. Treasury bills 56 11 131 22
Net realized gain 56 11 131 22
Net unrealized appreciation (depreciation) of portfolio securities:        
Control investments (9,000) 8,200 (5,600) 15,000
Net change in net unrealized appreciation (depreciation) of portfolio securities (9,000) 8,200 (5,600) 15,000
Net increase (decrease) in net assets resulting from operations $ (9,627) $ 7,077 $ (8,122) $ 11,891
Net increase (decrease) in net assets resulting from operations per share: Basic and diluted $ (0.70) $ 0.52 $ (0.59) $ 0.88
Weighted average shares outstanding: Basic and diluted 13,586 13,518 13,586 13,518