Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows (Unaudited)

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Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net increase (decrease) in net assets resulting from operations [1] $ (7,766,097) $ 1,458,437
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by operating activities:    
Net realized loss on investments 5,549,735
Net change in unrealized (gain) loss on investments 2,050,915 (866,686)
Purchase of investments (15,000)
Increase in investments due to PIK (152,715) (22,500)
Sale of investments 192,932
Changes in operating assets and liabilities:    
Due from portfolio companies (5,197) (250)
Interest receivable 64,442 (189,493)
Allowance for bad debt (16,549)
Prepaid expenses (96,851) (78,147)
Taxes receivable (788)
Accrued management fees 65,069 (17,695)
Accounts payable 24,302 80,997
Due to affiliates 64,875
Taxes expense payable (60,733)  
Deferred fee income (6,976) 48,837
Accrued expenses and other liabilities 132,834 (64,657)
Net cash provided by (used in) operating activities 24,198 348,843
Net increase in cash, cash equivalents and restricted cash 24,198 348,843
Cash, cash equivalents and restricted cash at beginning of period 1,979,659 1,566,546
Cash, cash equivalents and restricted cash at end of period 2,003,857 1,915,389
Supplemental disclosure of cash flow financing activities:    
Interest expense paid 207
Income tax paid $ 62,687 $ 5,456
[1] Per share data based on weighted average shares outstanding.