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

Financial Highlights (Tables)

v3.26.1
Financial Highlights (Tables)
12 Months Ended
Dec. 31, 2025
Investment Company, Financial Highlights [Abstract]  
Schedule of Financial Highlights
    2025     2024     2023     2022     2021  
Per Share Data (1):                                        
Net asset value at beginning of period   $ 0.175     $ 0.265     $ 0.266     $ 0.286     $ 0.187  
Net investment income (loss)     (0.015 )     (0.001 )     0.007       (0.006 )     (0.007 )
Change in unrealized gain (loss)     (0.042 )     (0.043 )     (0.008 )     0.025       0.106  
Realized gain (loss)    
-
      (0.046 )    
-
      0.036      
-
 
Dividend distribution    
-
     
-
     
-
      (0.075 )    
-
 
Net asset value at end of period   $ 0.118     $ 0.175     $ 0.265     $ 0.266     $ 0.286  
                                         
Total return based on net asset value (2)     (32.6 )%     (34.0 )%     (0.4 )%     (7.0 )%     52.9 %
Weighted average shares outstanding for period, basic     120,486,061       120,486,061       120,486,061       120,486,061       120,486,061  
Ratio/Supplemental Data:                                        
Net assets at end of period   $ 14,263,001     $ 21,043,266     $ 31,904,562     $ 32,083,462     $ 34,472,992  
Average net assets   $ 18,965,398     $ 26,066,545     $ 32,367,368     $ 35,317,720     $ 29,126,862  
Total operating expenses to average net assets     10.1 %     5.8 %     4.9 %     6.6 %     6.0 %
Net operating expenses to average net assets     10.1 %     5.8 %     4.9 %     6.6 %     6.0 %
Net operating expenses excluding management fees, incentive fees, and interest expense to average net assets     9.1 %     4.8 %     4.0 %     5.6 %     5.1 %
Net investment income (loss) to average net assets     (9.3 )%     (0.5 )%     2.5 %     (2.2 )%     (3.0 )%
Net investment income (loss) to average net assets, excluding other income from non-investment sources     (9.3 )%     (0.9 )%     2.5 %     (2.3 )%     (3.0 )%
Net increase (decrease) in net assets resulting from operations to average net assets     (35.8 )%     (41.6 )%     (0.6 )%     18.8 %     41.2 %
Portfolio Turnover     0.3 %     0.3 %     0.0 %     32.3 %     0.4 %