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Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities    
Net increase (decrease) in net assets resulting from operations $ 4,842,366 $ 556,129
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Net realized (gain) loss from investments 210,767 0
Net change in unrealized (appreciation) depreciation from investments (166,012) 0
Net (accretion of discounts) and amortization of premiums (431,052) (49,966)
Purchase of investments (8,442,000) (24,417,500)
PIK interest capitalized (78,153) 0
Proceeds from sales of investments and principal repayments 1,780,000 0
(Increase)/Decrease in operating assets:    
Prepaid expenses (71,515) (119,787)
Other assets (50,000) 0
Interest receivable (270,594) (252,547)
Deferred offering costs 0 1,395,059
Increase/(Decrease) in operating liabilities:    
Management fee payable 93,600 110,426
Income-based incentive fees payable 1,051,741 0
Legal fees payable 108,452 155,139
Administrator fees payable 24,648 73,908
Valuation fees payable 94,130 83,083
Audit fees payable 25,165 0
Professional fees payable (10,679) 50,185
Director's fee payable 2,719 32,049
Excise tax payable (80,566) 0
Due to affiliate 261 (383,207)
Offering cost payable 0 (1,024,256)
Organizational costs payable 0 (430,276)
Other payables (22,740) 2,238
Net cash provided by (used in) operating activities (1,389,462) (24,219,323)
Cash flows from financing activities    
Issuance of common stock, net of offering cost 0 85,269,770
Distributions paid (3,914,922) 0
Net cash provided by (used in) financing activities (3,914,922) 85,269,770
Net increase (decrease) in cash & cash equivalents (5,304,384) 61,050,447
Cash & cash equivalents, beginning of period 35,125,320 5,400
Cash & cash equivalents, end of period 29,820,936 61,055,847
Supplemental and non-cash financing activities    
Reinvestment of dividend distributions $ 321 $ 0