Annual report pursuant to Section 13 and 15(d)

Schedule 12-14 (Tables)

v3.24.1
Schedule 12-14 (Tables)
 12 Months Ended
Dec. 31, 2023
Schedule 12-14 [Abstract]  
Schedule of Fair Value of Control and Affiliate Investments The table below represents the fair value of control and affiliate investments at December 31, 2021 and any amortization, purchases, sales, and realized and change in unrealized gain (loss) made to such investments, as well as the ending fair value as of December 31, 2022.

 

Portfolio Company/Type of Investment (1)

  

Principal
Amount/Shares/

Ownership %
at December 31,
2022

    Amount of
Interest and
Dividends
Credited
in Income		     Fair Value at
December 31,
2021		     Purchases(2)     Sales    

Transfers from
Restructuring/

Transfers into
Control
Investments

     Change in
Unrealized
Gains/(Losses)		    

Fair Value at
December 31,

2022

  
Control Investments                                                
Advantis Certified Staffing Solutions, Inc.                                                
Second Lien Loan, 12.0% Cash, due 11/30/2021(3)   $ 4,500,000     $ -     $ 4,441,765     $ -     $ -       -     $ (785,118 )   $ 3,656,647  
Unsecured loan Consolidated BL Note 6.33% due 12/31/2023   $ 1,381,586       87,454       -       -       -       -       -       -  
Common Stock – Series A (3)     225,000       -       -       -       -       -       -       -  
Common Stock – Series B (3)     9,500,000       -       -       -       -       -       -       -  
Warrant for 250,000 Shares of Series A Common Stock, exercise price $0.01 per share, expires 1/1/2027(3)     1       -       -       -       -       -       -       -  
Warrant for 700,000 Shares of Series A Common Stock, exercise price $0.01 per share, expires 1/1/2027(3)     1       -       -       -       -       -       -       -  
Dominion Medical Management, Inc.                                                                
First Lien Loan, 12.0% Cash, 6% PIK due, 3/31/2020 (2) (3)   $ 1,516,144       -       158,159       -       -       -       26,840       184,999  
Integrated Medical Partners, LLC                                                                
Preferred Membership – Class A units (3)     800       -       -       -       -       -       -       -  
Preferred Membership – Class B units (3)     760       -       -       -       -       -       -       -  
Common Units (3)     14,082       -       -       -       -       -       -       -  
PCC SBH Sub, Inc.                                                                
Common Stock (3)     100       -       1,745,113       -       -       -       (46,784 )     1,698,329  
Rockfish Seafood Grill, Inc.                                                                
First Lien Loan, 8% Cash, 6.0% PIK, due 3/31/2018   $ 6,352,944       602,939       12,294,480       -       -       -       (1,585,512 )     10,708,968  
Revolving Loan, 8% PIK, due 12/31/2023   $ 2,251,000       137,561       2,251,000       -       -       -       -       2,251,000  
Rockfish Holdings, LLC                                                                

Warrant for Membership Interest, exercise price $0.001 per 1% membership interest, expires 7/28/2028 (3)

     10.0 %     -       172,549       -       -       -       (172,549 )     -  
Membership Interest – Class A (3)     99.997 %     -       1,552,896       -       -       -       (1,552,896 )     -  
Total Control Investments           $ 827,954     $ 22,615,962     $ -     $ -     $ -     $ (4,116,019 )   $ 18,499,943  

  

(1) Represents an illiquid investment.
(2) Includes PIK interest.
(3) Non-income producing security.