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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net increase (decrease) in net assets resulting from operations $ (1,165,506) $ 106,958
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash used in operating activities:    
Net change in unrealized depreciation on investments (641,433) (816,989)
Net realized (gain) loss on investments (558,629) 133,019
Purchases of investments (12,900,500) (23,558,458)
Proceeds from sales of investments 11,124,194 20,264,731
Stock-based compensation 1,460,209 0
Deferred income taxes (556,000) (246,000)
Stock-based compensation to employees and vendors 0 308,758
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 60,254 (146,180)
Interest and dividends receivable (13,534) 73,471
Payable for investment purchase 0 (1,900,000)
Accounts payable and other liabilities (276,642) 723,294
Deferred interest income (70,154) 70,154
Accrued income taxes 0 (1,269,000)
Net cash used in operating activities (1,137,617) (4,888,302)
Cash flows from financing activities:    
Proceeds from public offering, net of underwriting discounts and offering costs 0 4,041,795
Proceeds from stock option exercise 424,000 0
Proceeds from line of credit 2,750,000 9,793,800
Repayments on line of credit (2,750,000) (9,793,800)
Net cash provided by financing activities 424,000 4,041,795
Net decrease in cash (713,617) (846,507)
Cash, beginning of period 1,089,641 1,936,148
Cash, end of period 376,024 1,089,641
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 0 428,948
Cash paid for interest $ 78,000 $ 195,894