Annual report [Section 13 and 15(d), not S-K Item 405]

Selected Quarterly Financial Data (Unaudited) (Tables)

v3.25.1
Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2024
Selected Quarterly Financial Data (Unaudited) [Abstract]  
Schedule of Selected Quarterly Financial Data (Unaudited)
    Quarter Ended  
    December 31,
2024
    September 30,
2024
    June 30,
2024
    March 31,
2024
 
Total Investment Income   $ 420,927     $ 326,698     $ 319,654     $ 316,772  
Total Operating Expenses     372,385       352,234       402,451       397,468  
Income Tax Expense (Benefit)     (5,206 )     1,402       552       1,402  
Net Investment Income (Loss)     53,748       (26,938 )     (83,349 )     (82,098 )
                                 
Net Realized Gain (Loss) on Investments    
-
     
-
      (5,549,735 )    
-
 
Net Change in Unrealized Appreciation (Depreciation)     (2,135,886 )     (986,123 )     4,500,937       (6,551,852 )
Net Decrease in Net Assets Resulting from Operations   $ (2,082,138 )   $ (1,013,061 )   $ (1,132,147 )   $ (6,633,950 )
                                 
Net Decrease in Net Assets from Operations per Common Share:                                
Basic   $ (0.017 )   $ (0.008 )   $ (0.009 )   $ (0.055 )
Diluted   $ (0.017 )   $ (0.008 )   $ (0.009 )   $ (0.055 )
                                 
Weighted Average Common Shares Outstanding - Basic     120,486,061       120,486,061       120,486,061       120,486,061  
Weighted Average Common Shares Outstanding - Diluted     120,486,061       120,486,061       120,486,061       120,486,061  

 

 

    December 31,
2023
    September 30,
2023
    June 30,
2023
    March 31,
2023
 
Total Investment Income   $           518,826     $             513,278     $           740,055     $ 708,734  
Total Operating Expenses     393,392       354,352       419,818       431,764  
Income Tax Expense     59,363       174       5,456      
-
 
Net Investment Income     66,071       158,752       314,781       276,970  
                                 
Net Realized Loss on Investments     (1,200 )    
-
     
-
     
-
 
Net Change in Unrealized Appreciation (Depreciation)     (919,008 )     (941,952 )     2,160,718       (1,294,032 )
Net Increase (Decrease) in Net Assets Resulting from Operations   $ (854,137 )   $ (783,200 )   $ 2,475,499     $ (1,017,062 )
                                 
Net Increase (Decrease) in Net Assets from Operations per Common Share:                                
Basic   $ (0.007 )   $ (0.007 )   $ 0.021     $ (0.008 )
Diluted   $ (0.007 )   $ (0.007 )   $ 0.021     $ (0.008 )
                                 
Weighted Average Common Shares Outstanding - Basic     120,486,061       120,486,061       120,486,061       120,486,061  
Weighted Average Common Shares Outstanding - Diluted     120,486,061       120,486,061       120,486,061       120,486,061  
    Quarter Ended  
    December 31,
2022
    September 30,
2022
    June 30,
2022
    March 31,
2022
 
Total Investment Income   $             454,302     $             433,260     $ 425,799     $ 241,282  
Total Operating Expenses     490,674       705,916       578,244       558,307  
Income Tax Expense    
-
     
-
      456      
-
 
Net Investment Loss     (36,372 )     (272,656 )     (152,901 )     (317,025 )
                                 
Net Realized Gain on Investments     4,368,297      
-
     
-
     
-
 
Net Change in Unrealized Appreciation (Depreciation)     (3,407,385 )     7,255,747       (11,550 )     (779,230 )
Net Increase (Decrease) in Net Assets Resulting from Operations   $ 924,540     $ 6,983,091     $ (164,451 )   $ (1,096,255 )
                                 
Net Increase (Decrease) in Net Assets from Operations per Common Share:                                
Basic   $ 0.008     $ 0.058     $ (0.001 )   $ (0.009 )
Diluted   $ 0.008     $ 0.058     $ (0.001 )   $ (0.009 )
                                 
Weighted Average Common Shares Outstanding - Basic     120,486,061       120,486,061       120,486,061       120,486,061  
Weighted Average Common Shares Outstanding - Diluted     120,486,061       120,486,061       120,486,061       120,486,061