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CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Interest income:        
Control investments $ 319 $ 8 $ 602 $ 8
Total interest income 319 8 602 8
Interest from U.S. Treasury bills 12 4 12 10
Total investment income 331 12 614 18
Expenses:        
Professional fees 367 126 934 526
Compensation expense 477 393 905 810
Professional liability expenses 148 181 298 365
Director fees and expenses 95 103 179 183
Mailing, printing and other expenses 16 30 81 52
General and administrative Expenses 63 35 96 70
Taxes 11 7 25 7
Interest expense 34 1 66 2
Total expenses 1,211 876 2,584 2,015
Net investment loss (880) (864) (1,970) (1,997)
Net realized loss (gain):        
U.S. Treasury Bills 30 9 75 11
Net realized (loss) gain 30 9 75 11
Net unrealized appreciation of portfolio securities:        
Control investments 4,750 6,800 3,400 6,800
Net change in net unrealized appreciation of portfolio securities 4,750 6,800 3,400 6,800
Net increase in net assets resulting from operations $ 3,900 $ 5,945 $ 1,505 $ 4,814
Net increase in net assets resulting from operations per share: Basic and diluted $ 0.29 $ 0.44 $ 0.11 $ 0.36
Weighted average shares outstanding:        
Weighted Average Number of Shares Outstanding: Basic and diluted 13,586 13,518 13,586 13,518