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

Investments - Summary of Changes in Assets Measured at Fair Value Using Significant Unobservable Inputs (Details)

v3.25.4
Investments - Summary of Changes in Assets Measured at Fair Value Using Significant Unobservable Inputs (Details) - Level 3 - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Ending balance, of Level 3 Assets $ 70,818,041 $ 69,816,062
Total realized (losses) gains, net (2,001,313) 6,165,419
Total unrealized (losses) gains (11,279,709) (1,953,255)
Purchases of securities/changes to securities/non-cash conversions 8,765,549 15,954,233
Repayments and sales of securities (17,822,072) (19,164,418)
Ending balance, of Level 3 Assets 48,480,496 70,818,041
Change in unrealized appreciation/depreciation included in earnings related to Level 3 investments still held at reporting date (3,909,724) (3,825,260)
Autotality (formerly Filterworks Acquisition USA, LLC)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 220,923  
Bauer    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 3,250,600  
BlackJet    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains 250,000  
Purchases of securities/changes to securities/non-cash conversions 2,506,941  
FSS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains (4,229,281) (610,000)
Purchases of securities/changes to securities/non-cash conversions 1,053,470 285,530
Repayments and sales of securities   (34,838)
Swanson    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains   250,000
Purchases of securities/changes to securities/non-cash conversions 54,472  
Microcision    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net (55,357)  
Repayments and sales of securities (55,357)  
Carolina Skiff    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net 684  
Total unrealized (losses) gains (442,755) (500,000)
Purchases of securities/changes to securities/non-cash conversions 34,755  
Repayments and sales of securities (35,439)  
Caitec    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains   (72,522)
Purchases of securities/changes to securities/non-cash conversions 575,152 590,424
DSD    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net   23,699
Repayments and sales of securities   (23,699)
Knoa    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net   (1,229,155)
Total unrealized (losses) gains   1,129,155
Mezmeriz    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net   (742,850)
Total unrealized (losses) gains   742,850
Nailbiter    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Repayments and sales of securities   (2,250,000)
FCM    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains 484,837 (484,837)
Purchases of securities/changes to securities/non-cash conversions 51,507 46,681
Filterworks    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains   (396,226)
Purchases of securities/changes to securities/non-cash conversions   253,952
Repayments and sales of securities   (206,250)
GoNoodle    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net (25)  
Purchases of securities/changes to securities/non-cash conversions 14,457 14,314
Hilton Displays    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions   21,519
Repayments and sales of securities (1,071,824)  
Highland    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains   (400,000)
Purchases of securities/changes to securities/non-cash conversions 130,740 125,904
EFINEA    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains 788,235  
Purchases of securities/changes to securities/non-cash conversions 17,177 33,995
ITA    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains (1,475,000) (2,565,130)
Purchases of securities/changes to securities/non-cash conversions 375,000 916,170
Mattison    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions   5,572,902
Repayments and sales of securities (5,572,902) (1,894,470)
Lumious    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net (77,314)  
Repayments and sales of securities (712,630)  
Pressure Pro    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net 870,000  
Total unrealized (losses) gains (720,000) 720,000
Purchases of securities/changes to securities/non-cash conversions 22,445 66,721
Repayments and sales of securities (2,625,150) (1,427,452)
Seybert    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains 1,051,659  
Purchases of securities/changes to securities/non-cash conversions 69,983 1,928,257
Repayments and sales of securities (7,748,770)  
SQF LLC (Verta)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains 1,000,000  
SciAps    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net   7,716,461
Repayments and sales of securities   (12,930,445)
Tilson    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net (2,850,015) 397,264
Total unrealized (losses) gains (6,649,985) 950,000
Repayments and sales of securities   (397,264)
MRES    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains (1,462,419) (716,545)
Purchases of securities/changes to securities/non-cash conversions 362,419 3,216,545
Mobile IV Nurses    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains 125,000  
Purchases of securities/changes to securities/non-cash conversions 25,508 2,881,319
Loan investments    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Ending balance, of Level 3 Assets 15,037,873 12,417,977
Total realized (losses) gains, net (77,314)  
Total unrealized (losses) gains (1,475,000) (2,565,130)
Purchases of securities/changes to securities/non-cash conversions 753,838 7,079,496
Repayments and sales of securities (6,285,532) (1,894,470)
Transfers within Level 3 (4,799,278)  
Ending balance, of Level 3 Assets 3,154,587 15,037,873
Loan investments | Swanson    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 54,472  
Loan investments | Caitec    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 324,366 590,424
Loan investments | ITA    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains (1,475,000) (2,565,130)
Purchases of securities/changes to securities/non-cash conversions 375,000 916,170
Loan investments | Mattison    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions   5,572,902
Repayments and sales of securities (5,572,902) (1,894,470)
Loan investments | Lumious    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net (77,314)  
Repayments and sales of securities (712,630)  
Debt investments    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Ending balance, of Level 3 Assets 38,043,721 36,861,525
Total unrealized (losses) gains (4,709,244) (936,837)
Purchases of securities/changes to securities/non-cash conversions 7,714,956 8,127,573
Repayments and sales of securities (10,545,744) (6,008,540)
Transfers within Level 3 4,799,278  
Ending balance, of Level 3 Assets 35,302,967 38,043,721
Debt investments | Autotality (formerly Filterworks Acquisition USA, LLC)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 220,923  
Debt investments | Bauer    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 3,238,600  
Debt investments | BlackJet    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 2,256,941  
Debt investments | FSS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains (3,731,662)  
Purchases of securities/changes to securities/non-cash conversions 1,053,470 177,911
Repayments and sales of securities   (34,838)
Debt investments | Caitec    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 250,786  
Debt investments | Nailbiter    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Repayments and sales of securities   (2,250,000)
Debt investments | FCM    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains 484,837 (484,837)
Purchases of securities/changes to securities/non-cash conversions 51,507 46,681
Debt investments | Filterworks    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions   253,952
Repayments and sales of securities   (206,250)
Debt investments | GoNoodle    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 14,457 14,314
Debt investments | Hilton Displays    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions   21,519
Repayments and sales of securities (1,071,824)  
Debt investments | Highland    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 130,740 125,904
Debt investments | EFINEA    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 17,177 33,995
Debt investments | Pressure Pro    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 22,445 66,721
Repayments and sales of securities (1,725,150) (1,427,452)
Debt investments | Seybert    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 69,983 1,928,257
Repayments and sales of securities (7,748,770)  
Debt investments | SciAps    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Repayments and sales of securities   (2,090,000)
Debt investments | MRES    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains (1,462,419) (452,000)
Purchases of securities/changes to securities/non-cash conversions 362,419 2,952,000
Debt investments | Mobile IV Nurses    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 25,508 2,506,319
Equity investments    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Ending balance, of Level 3 Assets 17,736,447 20,536,560
Total realized (losses) gains, net $ (1,923,999) $ 6,165,419
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Realized Gain (Loss), Investment and Derivative, Operating, before Tax Realized Gain (Loss), Investment and Derivative, Operating, before Tax
Total unrealized (losses) gains $ (5,095,465) $ 1,548,712
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss), Investment and Derivative, Operating, before Tax Unrealized Gain (Loss), Investment and Derivative, Operating, before Tax
Purchases of securities/changes to securities/non-cash conversions $ 296,755 $ 747,164
Repayments and sales of securities (990,796) (11,261,408)
Ending balance, of Level 3 Assets 10,022,942 17,736,447
Equity investments | Bauer    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Purchases of securities/changes to securities/non-cash conversions 12,000  
Equity investments | BlackJet    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains 250,000  
Purchases of securities/changes to securities/non-cash conversions 250,000  
Equity investments | FSS    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains (497,619) (610,000)
Purchases of securities/changes to securities/non-cash conversions   107,619
Equity investments | Swanson    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains   250,000
Equity investments | Microcision    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net 55,357  
Repayments and sales of securities (55,357)  
Equity investments | Carolina Skiff    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net 684  
Total unrealized (losses) gains (442,755) (500,000)
Purchases of securities/changes to securities/non-cash conversions 34,755  
Repayments and sales of securities (35,439)  
Equity investments | Caitec    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains   (72,522)
Equity investments | DSD    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net   23,699
Repayments and sales of securities   (23,699)
Equity investments | Knoa    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net   (1,229,155)
Total unrealized (losses) gains   1,129,155
Equity investments | Mezmeriz    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net   (742,850)
Total unrealized (losses) gains   742,850
Equity investments | Filterworks    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains   (396,226)
Equity investments | GoNoodle    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net (25)  
Equity investments | Highland    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains   (400,000)
Equity investments | EFINEA    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains 788,235  
Equity investments | Pressure Pro    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net 870,000  
Total unrealized (losses) gains (720,000) 720,000
Repayments and sales of securities (900,000)  
Equity investments | Seybert    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains 1,051,659  
Equity investments | SQF LLC (Verta)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains 1,000,000  
Equity investments | SciAps    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net   7,716,461
Repayments and sales of securities   (10,840,445)
Equity investments | Tilson    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total realized (losses) gains, net (2,850,015) 397,264
Total unrealized (losses) gains (6,649,985) 950,000
Repayments and sales of securities   (397,264)
Equity investments | MRES    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains   (264,545)
Purchases of securities/changes to securities/non-cash conversions   264,545
Equity investments | Mobile IV Nurses    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total unrealized (losses) gains $ 125,000  
Purchases of securities/changes to securities/non-cash conversions   $ 375,000