Financial Highlights

12 Months Ended

Dec. 31, 2023

NOTE 8 – FINANCIAL HIGHLIGHTS

	Year Ended December 31,
	2023			2022			2021			2020			2019
Per Share Data ⁽¹⁾:
Net asset value at beginning of period	$	0.266		$	0.286		$	0.187		$	0.276		$	0.345
Net investment income (loss)		0.007			(0.006	)		(0.007	)		(0.005	)		(0.009	)
Change in unrealized gain (loss)		(0.008	)		0.025			0.106			(0.022	)		(0.060	)
Realized gain (loss)		-			0.036			-			(0.062	)		-
Dividend distribution		-			(0.075	)		-			-			-
Net asset value at end of period	$	0.265		$	0.266		$	0.286		$	0.187		$	0.276
Total return based on net asset value ⁽²⁾		(0.4	)%		(7.0	)%		52.9	%		(32.60	)%		(20.0	)%
Weighted average shares outstanding for period, basic		120,486,061			120,486,061			120,486,061			120,486,061			120,486,061
Ratio/Supplemental Data:
Net assets at end of period	$	31,904,562		$	32,083,462		$	34,472,992		$	22,479,540		$	33,280,329
Average net assets	$	32,367,206		$	35,317,720		$	29,126,862		$	25,276,013		$	38,504,249
Total operating expenses to average net assets		4.9	%		6.6	%		6.0	%		6.2	%		5.8	%
Net operating expenses to average net assets		4.9	%		6.6	%		6.0	%		6.2	%		5.8	%
Net operating expenses excluding management fees, incentive fees, and interest expense to average net assets		4.0	%		5.6	%		5.1	%		5.2	%		4.9	%

Net investment income (loss) to average net assets		2.5	%		(2.2	)%		(3.0	)%		(2.7	)%		(2.8	)%
Net investment income (loss) to average net assets, excluding other income from non-investment sources		2.5	%		(2.3	)%		(3.0	)%		(3.0	)%		(2.8	)%

Net increase (decrease) in net assets resulting from operations to average net assets		-0.6	%		18.8	%		41.2	%		(42.7	)%		(21.5	)%
Portfolio Turnover		0.00	%		32.3	%		0.4	%		0.4	%		0.7	%

(1)	Financial highlights are based on weighted average shares outstanding.

(2)	Total return based on net asset value is based upon the change in net asset value per share between the opening and ending net asset values per share in the period. The total returns are not annualized.