Quarterly report pursuant to Section 13 or 15(d)

Schedule 12-14 (Tables)

v3.24.1.1.u2
Schedule 12-14 (Tables)
 3 Months Ended
Mar. 31, 2024
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, 2023 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 March 31, 2024.

 

Portfolio Company/Type of Investment (1)

  

Principal Amount/Shares/

Ownership % at March 31, 2024

     Amount of Interest and Dividends Credited in Income     Fair Value at December 31,
2023		     Purchases (2)     Sales     Transfers from Restructuring/
Transfers into Control Investments		     Change in Unrealized Gains/(Losses)    

Fair Value at
March 31,

2024

  
Control Investments                                                
Advantis Certified Staffing Solutions, Inc.                                                
Second Lien Loan, 12.0% Cash, due 11/30/2021 (3)   $ 4,500,000     $
-
     $ 4,736,141     $
-
     $
-
      
-
     $ (279,741 )   $ 4,456,400  
Unsecured loan Consolidated BL Note 6.33% due 12/31/2024   $ 1,381,586       21,804      
-
      
-
      
-
      
-
      
-
      
-
  
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      
-
       173,399      
-
      
-
      
-
       19,934       193,333  
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      
-
       1,543,841      
-
      
-
      
-
       (34,535 )     1,509,306  
Rockfish Seafood Grill, Inc.                                                                
First Lien Loan, 8% Cash, 6.0% PIK, due 3/31/2018 (2) (3)   $ 6,352,944      
-
       9,877,041      
-
      
-
      
-
       (2,145,510 )     7,731,531  
Revolving Loan, 8% Cash, due 12/31/2024   $ 2,251,000       45,520       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 %    
-
      
-
      
-
      
-
      
-
      
-
      
-
  
Membership Interest – Class A (3)     99.997 %    
-
      
-
      
-
      
-
      
-
      
-
      
-
  
Total Control Investments           $ 67,324     $ 18,581,422     $
-
     $
-
     $
-
     $ (2,439,852 )   $ 16,141,570  
(1) Represents an illiquid investment.
(2) Includes PIK interest.
(3) Non-income producing security.

 

The table below represents the fair value of control and affiliate investments at December 31, 2022 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 March 31, 2023.

 

Portfolio Company/Type of Investment (1)

  

Principal Amount/Shares/

Ownership % at March 31, 2023

    Amount of Interest and Dividends Credited in Income     Fair Value at
December 31,
2022		     Purchases (2)     Sales     Transfers from Restructuring/
Transfers into Control Investments		     Change in Unrealized Gains/(Losses)    

Fair Value at
March 31,

2023

  
Control Investments                                                
Advantis Certified Staffing Solutions, Inc.                                                
Second Lien Loan, 12.0% Cash, due 11/30/2021(3)   $ 4,500,000     $
-
     $ 3,656,647     $
-
     $
-
      
-
     $ (271,833 )   $ 3,384,814  
Unsecured loan Consolidated BL Note 6.33% due 12/31/2023   $ 1,381,586       21,564      
-
      
-
      
-
      
-
      
-
      
-
  
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      
-
       184,999      
-
      
-
      
-
       (9,044 )     175,955  
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      
-
       1,698,329      
-
      
-
      
-
       (39,076 )     1,659,253  
Rockfish Seafood Grill, Inc.                                                                
First Lien Loan, 8% Cash, 6.0% PIK, due 3/31/2018 (2)   $ 6,352,944       188,199       10,708,968      
-
      
-
      
-
       (769,111 )     9,939,857  
Revolving Loan, 8% Cash, due 12/31/2023   $ 2,251,000       45,020       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 %    
-
      
-
      
-
      
-
      
-
      
-
      
-
  
Membership Interest – Class A (3)     99.997 %    
-
      
-
      
-
      
-
      
-
      
-
      
-
  
Total Control Investments           $ 254,783     $ 18,499,943     $
-
     $
-
     $
-
     $ (1,089,064 )   $ 17,410,879