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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
5 Months Ended 12 Months Ended
Dec. 31, 2020
Dec. 31, 2021
Revenue    
Interest income $ 5,250,108 $ 38,140,487
Interest expense 0 1,126,846
Net interest income 5,250,108 37,013,641
Expenses    
Management and incentive fees, net (less rebate of $1,029,315 and $259,167, respectively) 364,194 8,321,512
General and administrative expenses 785,016 3,212,785
Organizational expenses 616,190 0
Stock-based compensation 0 1,745,872
Professional fees 614,019 1,118,291
Total expenses 2,379,419 14,398,460
Provision for current expected credit losses (465,397) (2,649,338)
Realized gains (losses) on loans at fair value, net 345,000 450,000
Change in unrealized gains (losses) on loans at fair value, net 1,563,340 619,821
Net income before income taxes 4,313,632 21,035,664
Income tax expense 0 35,167
Net income $ 4,313,632 $ 21,000,497
Earnings per common share:    
Basic earnings per common share (in dollars per share) $ 0.76 $ 1.57
Diluted earnings per common share (in dollars per share) $ 0.76 $ 1.52
Weighted average number of common shares outstanding:    
Basic weighted average shares of common stock outstanding (in shares) 5,694,475 13,373,778
Diluted weighted average shares of common stock outstanding (in shares) 5,694,475 13,808,845