Quarterly report [Sections 13 or 15(d)]

Schedule of Investments (Unaudited)

v3.25.2
Schedule of Investments (Unaudited) - USD ($)
 6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Schedule of Investments [Line Items]      
Amortized Cost $ 34,076,452 $ 34,056,452  
Fair Value $ 17,357,129 $ 19,217,779  
% of Net Assets 93.93% 91.35%  
Investment, Identifier [Axis]: Control Investments - Advantis Certified Staffing Solutions, Inc. - Common Stock - Series A      
Schedule of Investments [Line Items]      
Principal Amount [1],[2] $ 225,000   $ 225,000
Investment, Identifier [Axis]: Control Investments - Advantis Certified Staffing Solutions, Inc. - Common Stock - Series B      
Schedule of Investments [Line Items]      
Principal Amount [1],[2] 9,500,000   9,500,000
Investment, Identifier [Axis]: Control Investments - Advantis Certified Staffing Solutions, Inc. - Second Lien Loan      
Schedule of Investments [Line Items]      
Principal Amount [1],[2] 4,500,000   4,500,000
Investment, Identifier [Axis]: Control Investments - Advantis Certified Staffing Solutions, Inc. - Unsecured loan      
Schedule of Investments [Line Items]      
Principal Amount [2] 1,381,586   1,381,586
Investment, Identifier [Axis]: Control Investments - Advantis Certified Staffing Solutions, Inc. - Warrant      
Schedule of Investments [Line Items]      
Principal Amount [1],[2] 1   1
Investment, Identifier [Axis]: Control Investments - Advantis Certified Staffing Solutions, Inc. - Warrant One      
Schedule of Investments [Line Items]      
Principal Amount [1],[2] 1   1
Investment, Identifier [Axis]: Control Investments - Dominion Medical Management, Inc. - First Lien Loan      
Schedule of Investments [Line Items]      
Principal Amount [1],[2],[3]    
Investment, Identifier [Axis]: Control Investments - Integrated Medical Partners, LLC - Common Units      
Schedule of Investments [Line Items]      
Principal Amount [1],[2]     14,082
Investment, Identifier [Axis]: Control Investments - Integrated Medical Partners, LLC - Preferred Membership - Class A units      
Schedule of Investments [Line Items]      
Principal Amount [1],[2]     800
Investment, Identifier [Axis]: Control Investments - Integrated Medical Partners, LLC - Preferred Membership - Class B units      
Schedule of Investments [Line Items]      
Principal Amount [1],[2]     760
Investment, Identifier [Axis]: Control Investments - PCC SBH Sub, Inc. - Common Stock      
Schedule of Investments [Line Items]      
Principal Amount [1],[2] 100   100
Investment, Identifier [Axis]: Control Investments - PCC SBH Sub, Inc. - First lien Revolving Loan      
Schedule of Investments [Line Items]      
Principal Amount [2] 100,000  
Investment, Identifier [Axis]: Control Investments - Rockfish Holdings, LLC - Membership Interest - Class A      
Schedule of Investments [Line Items]      
Principal Amount [1],[2] 99.997   99.997
Investment, Identifier [Axis]: Control Investments - Rockfish Holdings, LLC - Warrant      
Schedule of Investments [Line Items]      
Principal Amount [1],[2] 10   10
Investment, Identifier [Axis]: Control Investments - Rockfish Seafood Grill, Inc. - First Lien Loan      
Schedule of Investments [Line Items]      
Principal Amount [1],[2],[3] 6,352,944   6,352,944
Investment, Identifier [Axis]: Control Investments - Rockfish Seafood Grill, Inc. - Revolving Loan      
Schedule of Investments [Line Items]      
Principal Amount [2] 2,251,000   $ 2,251,000
Investment, Identifier [Axis]: Control investments - Advantis Certified Staffing Solutions, Inc.      
Schedule of Investments [Line Items]      
Amortized Cost 6,331,585 [4] $ 6,331,585 [5]  
Fair Value [6] $ 3,822,263 [4] $ 3,836,547 [5]  
% of Net Assets 20.69% [4] 18.24% [5]  
Investment, Identifier [Axis]: Control investments - Advantis Certified Staffing Solutions, Inc. - Common Stock - Series A      
Schedule of Investments [Line Items]      
Acquisition Date [8] Jul. 02, 2017 [4],[7] Jul. 02, 2017 [5],[9]  
Principal Amount [8] $ 225,000 [4],[7] $ 225,000 [5],[9]  
Amortized Cost [8] 10,150 [4],[7] 10,150 [5],[9]  
Fair Value [6],[8] [4],[7] [5],[9]  
% of Net Assets [8] [4],[7] [5],[9]  
Investment, Identifier [Axis]: Control investments - Advantis Certified Staffing Solutions, Inc. - Common Stock - Series B      
Schedule of Investments [Line Items]      
Acquisition Date [8] Jul. 02, 2017 [4],[7] Jul. 02, 2017 [5],[9]  
Principal Amount [8] $ 9,500,000 [4],[7] $ 9,500,000 [5],[9]  
Amortized Cost [8] 428,571 [4],[7] 428,571 [5],[9]  
Fair Value [6],[8] [4],[7] [5],[9]  
% of Net Assets [8] [4],[7] [5],[9]  
Investment, Identifier [Axis]: Control investments - Advantis Certified Staffing Solutions, Inc. - Second Lien Loan - Staffing      
Schedule of Investments [Line Items]      
Acquisition Date [8],[10] Mar. 13, 2015 [4],[7] Mar. 13, 2015 [5],[9]  
Principal Amount [8],[10] $ 4,500,000 [4],[7] $ 4,500,000 [5],[9]  
Amortized Cost [8],[10] 4,500,000 [4],[7] 4,500,000 [5],[9]  
Fair Value [6],[8],[10] $ 3,822,263 [4],[7] $ 3,836,547 [5],[9]  
% of Net Assets [8],[10] 20.69% [4],[7] 18.24% [5],[9]  
Investment, Identifier [Axis]: Control investments - Advantis Certified Staffing Solutions, Inc. - Unsecured loan      
Schedule of Investments [Line Items]      
Acquisition Date [8] Oct. 01, 2019 [4] Oct. 01, 2019 [5]  
Principal Amount [8] $ 1,381,586 [4] $ 1,381,586 [5]  
Amortized Cost [8] 1,381,586 [4] 1,381,586 [5]  
Fair Value [6],[8] [4] [5]  
% of Net Assets [8] [4] [5]  
Investment, Identifier [Axis]: Control investments - Advantis Certified Staffing Solutions, Inc. - Warrant      
Schedule of Investments [Line Items]      
Acquisition Date [8] Jul. 02, 2017 [4],[7] Jul. 02, 2017 [5],[9]  
Principal Amount [8] $ 1 [4],[7] $ 1 [5],[9]  
Amortized Cost [8] 11,278 [4],[7] 11,278 [5],[9]  
Fair Value [6],[8] [4],[7] [5],[9]  
% of Net Assets [8] [4],[7] [5],[9]  
Investment, Identifier [Axis]: Control investments - Advantis Certified Staffing Solutions, Inc. - Warrant One      
Schedule of Investments [Line Items]      
Acquisition Date [8] Dec. 31, 2016 [4],[7] Dec. 31, 2016 [5],[9]  
Principal Amount [8] $ 1 [4],[7] $ 1 [5],[9]  
Amortized Cost [8] [4],[7] [5],[9]  
Fair Value [6],[8] [4],[7] [5],[9]  
% of Net Assets [8] [4],[7] [5],[9]  
Investment, Identifier [Axis]: Control investments - PCC SBH Sub, Inc.      
Schedule of Investments [Line Items]      
Amortized Cost $ 2,625,481 [4] $ 2,605,481 [5]  
Fair Value $ 1,053,560 [4],[6] $ 1,459,019 [5]  
% of Net Assets 5.70% [4] 6.93% [5]  
Investment, Identifier [Axis]: Control investments - PCC SBH Sub, Inc. - Common stock - Energy Services      
Schedule of Investments [Line Items]      
Acquisition Date [8] Feb. 06, 2017 [4],[7] Feb. 06, 2017 [5],[9]  
Principal Amount [8] $ 100 [4],[7] $ 100 [5],[9]  
Amortized Cost [8] 2,525,481 [4],[7] 2,525,481 [5],[9]  
Fair Value [6],[8] $ 953,560 [4],[7] $ 1,379,019 [5],[9]  
% of Net Assets [8] 5.16% [4],[7] 6.55% [5],[9]  
Investment, Identifier [Axis]: Control investments - PCC SBH Sub, Inc. - First Lien Revolving Loan      
Schedule of Investments [Line Items]      
Acquisition Date [8] May 08, 2024 [4] May 08, 2024 [5]  
Principal Amount [8] $ 100,000 [4] $ 80,000 [5]  
Amortized Cost [8] 100,000 [4] 80,000 [5]  
Fair Value [8] $ 100,000 [4],[6] $ 80,000 [5]  
% of Net Assets [8] 0.54% [4] 0.38% [5]  
Investment, Identifier [Axis]: Control investments - Rockfish Holdings, LLC      
Schedule of Investments [Line Items]      
Amortized Cost $ 12,753,540 [4] $ 12,753,540 [5]  
Fair Value [6] $ 8,470,954 [4] $ 9,770,963 [5]  
% of Net Assets 45.84% [4] 46.45% [5]  
Investment, Identifier [Axis]: Control investments - Rockfish Holdings, LLC - Membership Interest - Class A      
Schedule of Investments [Line Items]      
Acquisition Date [8] Mar. 13, 2015 [4],[7] Mar. 13, 2015 [5],[9]  
Principal Amount [8] $ 99.997 [4],[7] $ 99.997 [5],[9]  
Amortized Cost [8] 3,734,636 [4],[7] 3,734,636 [5],[9]  
Fair Value [6],[8] [4],[7] [5],[9]  
% of Net Assets [8] [4],[7] [5],[9]  
Investment, Identifier [Axis]: Control investments - Rockfish Holdings, LLC - Warrant for Membership Interest      
Schedule of Investments [Line Items]      
Acquisition Date [8] Mar. 13, 2015 [4],[7] Mar. 13, 2015 [5],[9]  
Principal Amount [8] $ 10 [4],[7] $ 10 [5],[9]  
Amortized Cost [8] 414,960 [4],[7] 414,960 [5],[9]  
Fair Value [6],[8] [4],[7] [5],[9]  
% of Net Assets [8] [4],[7] [5],[9]  
Investment, Identifier [Axis]: Control investments - Rockfish Seafood Grill, Inc. - First Lien Loan - Casual Dining      
Schedule of Investments [Line Items]      
Acquisition Date [8],[11] Mar. 13, 2015 [4],[7],[10] Mar. 13, 2015 [5]  
Principal Amount [8],[11] $ 6,352,944 [4],[7],[10] $ 6,352,944 [5]  
Amortized Cost [8],[11] 6,352,944 [4],[7],[10] 6,352,944 [5]  
Fair Value [6],[8],[11] $ 6,219,954 [4],[7],[10] $ 7,519,963 [5]  
% of Net Assets [8],[11] 33.66% [4],[7],[10] 35.75% [5]  
Investment, Identifier [Axis]: Control investments - Rockfish Seafood Grill, Inc. - Revolving Loan      
Schedule of Investments [Line Items]      
Acquisition Date [8] Jun. 29, 2015 [4] Jun. 29, 2015 [5]  
Principal Amount [8] $ 2,251,000 [4] $ 2,251,000 [5]  
Amortized Cost [8] 2,251,000 [4] 2,251,000 [5]  
Fair Value [6],[8] $ 2,251,000 [4] $ 2,251,000 [5]  
% of Net Assets [8] 12.18% [4] 10.70% [5]  
Investment, Identifier [Axis]: Control investments - Total control investments      
Schedule of Investments [Line Items]      
Amortized Cost $ 21,710,606 [4] $ 21,690,606 [5]  
Fair Value [6] $ 13,346,777 [4] $ 15,066,529 [5]  
% of Net Assets 72.23% [4] 71.62% [5]  
Investment, Identifier [Axis]: Non-control/non-affiliate investments - Performance Alloys, LLC      
Schedule of Investments [Line Items]      
Amortized Cost $ 12,365,846 [4] $ 12,365,846 [5]  
Fair Value [6] $ 4,010,352 [4] $ 4,151,250 [5]  
% of Net Assets 21.70% [4] 19.73% [5]  
Investment, Identifier [Axis]: Non-control/non-affiliate investments - Performance Alloys, LLC - Membership Interest - Class B      
Schedule of Investments [Line Items]      
Acquisition Date [8] Jul. 01, 2016 [4],[7] Jul. 01, 2016 [5],[9]  
Principal Amount [8] $ 25.97 [4],[7] $ 25.97 [5],[9]  
Amortized Cost [8] 5,131,090 [4],[7] 5,131,090 [5],[9]  
Fair Value [6],[8] [4],[7] [5],[9]  
% of Net Assets [8] [4],[7] [5],[9]  
Investment, Identifier [Axis]: Non-control/non-affiliate investments - Performance Alloys, LLC - Second Lien Loan - Nickel Pipe, Fittings & Flanges      
Schedule of Investments [Line Items]      
Acquisition Date [8],[11] Jul. 01, 2016 [4],[7],[10] Jul. 01, 2016 [5]  
Principal Amount [8],[11] $ 7,234,756 [4],[7],[10] $ 7,234,756 [5]  
Amortized Cost [8],[11] 7,234,756 [4],[7],[10] 7,234,756 [5]  
Fair Value [6],[8],[11] $ 4,010,352 [4],[7],[10] $ 4,151,250 [5]  
% of Net Assets [8],[11] 21.70% [4],[7],[10] 19.73% [5]  
Investment, Identifier [Axis]: Total Investments      
Schedule of Investments [Line Items]      
Amortized Cost $ 34,076,452 [4] $ 34,056,452 [5]  
Fair Value [6] $ 17,357,129 [4] $ 19,217,779 [5]  
% of Net Assets 93.93% [4] 91.35% [5]  
Investment, Identifier [Axis]: Total Portfolio Investments      
Schedule of Investments [Line Items]      
Amortized Cost $ 34,076,452 [4] $ 34,056,452 [5]  
Fair Value [6] $ 17,357,129 [4] $ 19,217,779 [5]  
% of Net Assets 93.93% [4] 91.35% [5]  
Investment, Identifier [Axis]: Total non-control/non-affiliate investments      
Schedule of Investments [Line Items]      
Amortized Cost $ 12,365,846 [4] $ 12,365,846 [5]  
Fair Value [5],[6] $ 4,010,352 [4] $ 4,151,250  
% of Net Assets [5] 21.70% [4] 19.73%  
[1] Non-income producing security.
[2] Represents an illiquid investment.
[3] Includes PIK interest.
[4] Represents an illiquid investment. At March 31, 2025, 100% of the total fair value of portfolio investments are illiquid. All of the Company’s portfolio investments are generally subject to restrictions on resale as “restricted securities”.
[5] Represents an illiquid investment. At December 31, 2024, 100% of the total fair value of portfolio investments are illiquid. All of the Company’s portfolio investments are generally subject to restrictions on resale as “restricted securities.”
[6] See Note 5 of the Notes to Financial Statements for a discussion of the methodologies used to value securities in the portfolio.
[7] Investment is non-income producing as of March 31, 2025.
[8] Represents an investment valued using significant unobservable inputs.
[9] Investment is non-income producing as of December 31, 2024.
[10] Investment is on non-accrual status.
[11] Represents a security with a payment-in-kind component (“PIK”). At the option of the issuer, interest can be paid in cash or cash and PIK. The percentage of PIK shown is the maximum PIK that can be elected by the portfolio company.