| Schedule of Selected Quarterly Financial Data (Unaudited) |
| |
|
Quarter Ended |
|
| |
|
December 31,
2025 |
|
|
September 30,
2025 |
|
|
June 30,
2025 |
|
|
March 31,
2025 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Investment Income |
|
$ |
30,728 |
|
|
$ |
25,734 |
|
|
$ |
27,417 |
|
|
$ |
72,062 |
|
| Total Operating Expenses |
|
|
805,654 |
|
|
|
326,235 |
|
|
|
362,541 |
|
|
|
420,352 |
|
| Income tax expense (benefit) |
|
|
114 |
|
|
|
9,302 |
|
|
|
570 |
|
|
|
114 |
|
| Net Investment Income (Loss) |
|
|
(775,040 |
) |
|
|
(309,803 |
) |
|
|
(335,694 |
) |
|
|
(348,404 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Change in Unrealized Appreciation/(Depreciation) |
|
|
(2,427,842 |
) |
|
|
(702,832 |
) |
|
|
(178,885 |
) |
|
|
(1,701,765 |
) |
| Net Increase (Decrease) in Net Assets Resulting from Operations |
|
$ |
(3,202,882 |
) |
|
$ |
(1,012,635 |
) |
|
$ |
(514,579 |
) |
|
$ |
(2,050,169 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Increase (Decrease) in Net Assets from Operations per Common Share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
(0.028 |
) |
|
$ |
(0.008 |
) |
|
$ |
(0.004 |
) |
|
$ |
(0.017 |
) |
| Diluted |
|
$ |
(0.028 |
) |
|
$ |
(0.008 |
) |
|
$ |
(0.004 |
) |
|
$ |
(0.017 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 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,
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 Increase (Decrease) in Net Assets Resulting from Operations |
|
$ |
(2,082,138 |
) |
|
$ |
(1,013,061 |
) |
|
$ |
(1,132,147 |
) |
|
$ |
(6,633,950 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Increase (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 |
|
|