WTI Fund X 10-Q 11 May 23 2023 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2023	May 11, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Securities Act File Number	814-01414
Entity Registrant Name	WTI Fund X, Inc.
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	85-3539868
Entity Address, Address Line One	104 La Mesa Drive
Entity Address, Address Line Two	Suite 102
Entity Address, City or Town	Portola Valley
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94028
City Area Code	650
Local Phone Number	234-4300
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		100,000
Entity Central Index Key	0001850938
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1

CONDENSED STATEMENTS OF ASSETS

CONDENSED STATEMENTS OF ASSETS AND LIABILITIES (UNAUDITED) - USD ($)	Mar. 31, 2023		Dec. 31, 2022
ASSETS
Loans, at estimated fair value (cost of $- and $74,498,626 respectively)	$ 300,192,541	[1]	$ 268,498,972	[2]
Cash and cash equivalents	18,541,460		9,516,910
Dividend and interest receivables	4,123,408		3,500,011
Other assets	1,926,167		1,931,249
Total assets	324,783,576		283,447,142
LIABILITIES
Borrowings under debt facility	166,500,000		165,500,000
Accrued management fees	2,000,000		2,000,000
Accounts payable and other accrued liabilities	2,690,852		2,216,344
Total liabilities	171,190,852		169,716,344
NET ASSETS	153,592,724		113,730,798
Analysis of Net Assets:
Capital paid in on shares of capital stock	181,000,000		142,500,000
Cumulative return of capital distributions	(21,884,926)		(21,884,926)
Total distributable losses	(5,522,350)		(6,884,276)
Net assets	153,592,724		113,730,798
Commitments & Contingent Liabilities:
Unexpired unfunded commitments (See Note 9)	$ 95,000,000		$ 88,825,000
[1]There is no readily available market price or secondary market for the Fund’s loan investments, hence the Manager determines fair value of all loan investments presented in the Condensed Schedule of Investments based on a hypothetical market and the estimates may include the use of significant unobservable inputs.[2]There is no readily available market price or secondary market for the Fund’s loan investments, hence the Manager determines fair value of all loan investments presented in the Condensed Schedule of Investments based on a hypothetical market and the estimates may include the use of significant unobservable inputs.

CONDENSED STATEMENTS OF ASSET_2

CONDENSED STATEMENTS OF ASSETS AND LIABILITIES (UNAUDITED) (Parenthetical) - USD ($)	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Cost	$ 306,937,448	$ 274,140,378
Net assets per share (in dollars per share)	$ 1,535.93	$ 1,137.31	$ 673.64	$ 359.85
Shares of capital stock outstanding (in shares)	100,000	100,000

CONDENSED STATEMENTS OF OPERATI

CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
INVESTMENT INCOME:
Interest on loans	$ 12,059,001	$ 4,163,507
Other income	163,127	21,608
Total investment income	12,222,128	4,185,115
EXPENSES:
Management fees	2,000,000	1,968,750
Interest expense	2,955,543	679,911
Banking and professional fees	131,048	79,084
Other operating expenses	28,888	28,504
Total expenses	5,115,479	2,756,249
Net investment income	7,106,649	1,428,866
Net change in unrealized loss from loans	(1,103,501)	0
Net increase in net assets resulting from operations	$ 6,003,148	$ 1,428,866
Amounts per common share:
Net increase (decrease) in net assets resulting from operations per share, basic (in dollars per share)	$ 60.03	$ 14.29
Net increase (decrease) in net assets resulting from operations per share, diluted (in dollars per share)	$ 60.03	$ 14.29
Weighted average shares outstanding, basic (in shares)	100,000	100,000
Weighted average shares outstanding, diluted (in shares)	100,000	100,000

CONDENSED STATEMENTS OF CHANGES

CONDENSED STATEMENTS OF CHANGES IN NET ASSETS (UNAUDITED) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Investment Company, Net Assets [Roll Forward]
Beginning balance (in shares)	100,000
Beginning balance	$ 113,730,798	$ 35,984,561
Net increase in net assets resulting from operations	6,003,148	1,428,866
Distributions of income to shareholder	(4,641,222)	(1,428,866)
Return of capital to shareholder		(3,620,087)
Contributions from shareholder	$ 38,500,000	35,000,000
Ending balance (in shares)	100,000
Ending balance	$ 153,592,724	$ 67,364,474
Common Stock
Investment Company, Net Assets [Roll Forward]
Beginning balance (in shares)	100,000	100,000
Beginning balance	$ 100	$ 100
Ending balance (in shares)	100,000	100,000
Ending balance	$ 100	$ 100
Additional Paid-in Capital
Investment Company, Net Assets [Roll Forward]
Beginning balance	142,499,900	44,499,900
Contributions from shareholder	38,500,000	35,000,000
Ending balance	180,999,900	79,499,900
Return of Capital Distributions
Investment Company, Net Assets [Roll Forward]
Beginning balance	(21,884,926)	(7,272,569)
Return of capital to shareholder		(3,620,087)
Ending balance	(21,884,926)	(10,892,656)
Total Distributable Losses
Investment Company, Net Assets [Roll Forward]
Beginning balance	(6,884,276)	(1,242,870)
Net increase in net assets resulting from operations	6,003,148	1,428,866
Distributions of income to shareholder	(4,641,222)	(1,428,866)
Ending balance	$ (5,522,350)	$ (1,242,870)

CONDENSED STATEMENTS OF CASH FL

CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:
Net increase in net assets resulting from operations	$ 6,003,148	$ 1,428,866
Adjustments to reconcile net increase in net assets resulting from operations to net cash used in operating activities:
Net change in unrealized loss from loans	1,103,501	0
Amortization of deferred costs related to debt facility	107,602	107,602
Origination of loans	(47,500,000)	(71,975,000)
Principal payments on loans, net of accretion	13,919,569	5,029,176
Acquisition of equity securities	(3,857,861)	(5,048,953)
Changes in operating assets and liabilities:
Net increase in dividend and interest receivables	(623,397)	(718,088)
Net increase in other assets	(102,520)	(32,462)
Net increase in accounts payable, other accrued liabilities and accrued management fees	474,508	242,292
Net cash used in operating activities	(30,475,450)	(70,966,567)
CASH FLOWS FROM FINANCING ACTIVITIES:
Contributions from shareholder	38,500,000	35,000,000
Borrowings under debt facility	17,500,000	56,000,000
Repayments of borrowings under debt facility	(16,500,000)	(22,000,000)
Payments of debt facility fees and costs	0	(250,000)
Net cash provided by financing activities	39,500,000	68,750,000
Net increase (decrease) in cash and cash equivalents	9,024,550	(2,216,567)
CASH AND CASH EQUIVALENTS:
Beginning of period	9,516,910	15,658,685
End of period	18,541,460	13,442,118
CASH PAID DURING THE PERIOD:
Interest - Debt facility	2,632,215	361,424
NON-CASH OPERATING AND FINANCING ACTIVITIES:
Distributions of equity securities to shareholder	4,641,222	5,048,953
Receipt of equity securities as repayment of loans	$ 783,361	$ 0

CONDENSED SCHEDULE OF INVESTMEN

CONDENSED SCHEDULE OF INVESTMENTS (UNAUDITED) - USD ($)		Mar. 31, 2023		Dec. 31, 2022
Percent of Net Assets		195.40%	[1]	236.10%	[2]
Percent Of Net Assets, Cash Equivalents		12.10%		8.20%
Principal		$ 328,571,045		$ 293,264,214
Cost		306,937,448		274,140,378
Cost, Cash Equivalents		18,541,460		9,307,275
Fair Values		300,192,541	[3]	268,498,972	[4]
Fair Value, Cash Equivalents		$ 18,541,460		$ 9,307,275
Biotechnology
Percent of Net Assets		5%	[1]	6.80%	[2]
Principal		$ 8,421,412		$ 8,451,803
Cost		7,717,059		7,664,060
Fair Values		$ 7,717,059	[3]	$ 7,664,060	[4]
Computers & Storage
Percent of Net Assets		1.70%	[1]	2.30%	[2]
Principal		$ 2,750,000		$ 2,750,000
Cost		2,662,232		2,648,897
Fair Values		$ 2,662,232	[3]	$ 2,648,897	[4]
Internet
Percent of Net Assets		21%	[1]	25%	[2]
Principal		$ 34,774,492		$ 30,918,443
Cost		32,298,411		28,419,808
Fair Values		$ 32,298,411	[3]	$ 28,419,808	[4]
Medical Devices
Percent of Net Assets		0.50%	[1]	0.60%	[2]
Principal		$ 750,000		$ 750,000
Cost		724,740		721,020
Fair Values		$ 724,740	[3]	$ 721,020	[4]
Other Healthcare
Percent of Net Assets		16.40%	[1]	6.30%	[2]
Principal		$ 28,492,865		$ 7,750,000
Cost		25,152,599		7,217,996
Fair Values		$ 25,152,599	[3]	$ 7,217,996	[4]
Other Technology
Percent of Net Assets		80.50%	[1]	103%	[2]
Principal		$ 137,248,398		$ 130,198,660
Cost		129,248,682		121,546,698
Fair Values		$ 123,686,952	[3]	$ 117,101,952	[4]
Security
Percent of Net Assets		2.70%	[1]	3.60%	[2]
Principal		$ 4,222,887		$ 4,258,755
Cost		4,064,501		4,070,691
Fair Values		$ 4,064,501	[3]	$ 4,070,691	[4]
Semiconductors & Equipment
Percent of Net Assets		3.40%	[1]	5%	[2]
Principal		$ 5,470,783		$ 5,936,624
Cost		5,241,979		5,666,400
Fair Values		$ 5,241,979	[3]	$ 5,666,400	[4]
Software
Percent of Net Assets		52.10%	[1]	71.10%	[2]
Principal		$ 85,079,656		$ 85,444,070
Cost		80,308,168		81,245,648
Fair Values		$ 79,958,146	[3]	$ 80,882,144	[4]
Technology Services
Percent of Net Assets		11.20%	[1]	11.20%	[2]
Principal		$ 19,860,552		$ 15,305,859
Cost		18,111,638		13,540,488
Fair Values		$ 17,278,483	[3]	$ 12,707,332	[4]
Wireless
Percent of Net Assets		0.90%	[1]	1.20%	[2]
Principal		$ 1,500,000		$ 1,500,000
Cost		1,407,439		1,398,672
Fair Values		1,407,439	[3]	1,398,672	[4]
Quartzy, Inc. | Biotechnology
Principal		4,921,412		4,951,803
Cost		4,438,494		4,408,614
Fair Values		4,438,494	[3]	4,408,614	[4]
Proto, Inc. | Computers & Storage
Principal		2,750,000		2,750,000
Cost		2,662,232		2,648,897
Fair Values		2,662,232	[3]	2,648,897	[4]
Ainsly, Inc. | Internet
Principal		471,043	[5],[6]	500,000	[7],[8]
Cost		382,358	[5],[6]	396,804	[7],[8]
Fair Values		382,358	[3],[5],[6]	396,804	[4],[7],[8]
OneLocal, Inc. | Internet
Principal	[7],[8]			989,236
Cost	[7],[8]			966,919
Fair Values	[4],[7],[8]			966,919
RenoFi, Inc. | Internet
Principal		2,881,796		2,968,672
Cost		2,742,796		2,803,696
Fair Values		2,742,796	[3]	2,803,696	[4]
RetailerX, Inc. | Internet
Principal		3,959,436		3,960,535
Cost		3,831,077		3,813,922
Fair Values		3,831,077	[3]	3,813,922	[4]
Vinvesto, Inc. | Internet
Principal		500,000
Cost		470,314
Fair Values	[3]	470,314
Julie Products Inc. | Other Healthcare
Principal		1,375,000
Cost		1,291,459
Fair Values	[3]	1,291,459
Open Inc. | Other Healthcare
Principal		1,000,000
Cost		956,323
Fair Values	[3]	956,323
Airspeed, Inc. | Other Technology
Principal		1,250,000
Cost		1,204,362
Fair Values	[3]	1,204,362
Bankroll Club, LLC | Other Technology
Principal		2,000,000
Cost		1,865,785
Fair Values	[3]	1,865,785
Beekeeper's Naturals, Inc | Other Technology
Principal		3,488,154	[5],[6]	3,772,067	[7],[8]
Cost		3,360,664	[5],[6]	3,622,497	[7],[8]
Fair Values		3,360,664	[3],[5],[6]	3,622,497	[4],[7],[8]
Ceres Imaging, Inc. | Other Technology
Principal		3,419,424		3,595,696
Cost		3,289,161		3,441,370
Fair Values		3,289,161	[3]	3,441,370	[4]
Copia Global Inc. | Other Technology
Principal		7,500,000	[5],[6]	7,500,000	[7],[8]
Cost		7,272,483	[5],[6]	7,231,438	[7],[8]
Fair Values		7,272,483	[3],[5],[6]	7,231,438	[4],[7],[8]
CornerUp, Inc. | Other Technology
Principal		500,000		500,000
Cost		444,146		437,496
Fair Values		444,146	[3]	437,496	[4]
Creoate Limited | Other Technology
Principal		1,000,000	[5],[6]	1,000,000	[7],[8]
Cost		950,543	[5],[6]	943,952	[7],[8]
Fair Values		950,543	[3],[5],[6]	943,952	[4],[7],[8]
EasyKnock, Inc. | Other Technology
Principal		7,500,000		7,500,000
Cost		7,086,889		7,029,524
Fair Values		7,086,889	[3]	7,029,524	[4]
Eguana Technologies, Inc. | Other Technology
Principal		4,513,236	[5],[6]	4,804,651	[7],[8]
Cost		4,291,183	[5],[6]	4,536,489	[7],[8]
Fair Values		4,291,183	[3],[5],[6]	4,536,489	[4],[7],[8]
Fanimal, Inc. | Other Technology
Principal		618,994		625,000
Cost		576,551		576,764
Fair Values		576,551	[3]	576,764	[4]
Heading Health Inc. | Other Technology
Principal		1,112,058		1,157,644
Cost		993,031		1,021,134
Fair Values		595,623	[3]	623,727	[4]
Holo, Inc. | Other Technology
Principal		1,500,000
Cost		1,383,239
Fair Values	[3]	1,383,239
Lacuna Technologies, Inc. | Other Technology
Principal		3,783,191		3,914,469
Cost		3,669,646		3,780,540
Fair Values		3,669,646	[3]	3,780,540	[4]
Literati, Inc. | Other Technology
Principal		7,422,248		7,424,394
Cost		7,152,477		7,108,850
Fair Values		7,152,477	[3]	7,108,850	[4]
Logistech Solutions Pte. Ltd. **^ | Other Technology
Principal	[5],[6]	1,500,000
Cost	[5],[6]	1,383,283
Fair Values	[3],[5],[6]	1,383,283
Ocho Holdings Co. | Other Technology
Principal		721,623		813,647
Cost		702,456		789,280
Fair Values		702,456	[3]	789,280	[4]
PlantBaby, inc. | Other Technology
Principal		588,469		617,794
Cost		547,954		570,583
Fair Values		547,954	[3]	570,583	[4]
Platform Science, Inc. | Other Technology
Principal		10,000,000		10,000,000
Cost		9,508,800		9,450,665
Fair Values		9,508,800	[3]	9,450,665	[4]
Rise Gardens, Inc. | Other Technology
Principal		1,500,000
Cost		1,442,937
Fair Values	[3]	1,442,937
Romaine Empire, Inc. | Other Technology
Principal		5,933,722		5,924,338
Cost		5,601,851		5,566,468
Fair Values		5,601,851	[3]	5,566,468	[4]
Scripta Insights, Inc. | Other Technology
Principal		2,110,037		2,329,756
Cost		2,043,002		2,247,839
Fair Values		2,043,002	[3]	2,247,839	[4]
SISU Aesthetics Clinic, Inc. | Other Technology
Principal	[5],[6]	1,750,000
Cost	[5],[6]	1,693,927
Fair Values	[3],[5],[6]	1,693,927
TheSquareFoot, Inc. | Other Technology
Principal				550,000
Cost				383,175
Fair Values	[4]			110,380
TLNT Inc. | Other Technology
Principal		500,000		500,000
Cost		452,934		445,858
Fair Values		452,934	[3]	445,858	[4]
TomoCredit, Inc. | Other Technology
Principal		2,707,748		2,967,793
Cost		2,634,394		2,879,567
Fair Values		2,634,394	[3]	2,879,567	[4]
Wellth, Inc. | Other Technology
Principal		1,688,794		1,864,650
Cost		1,609,815		1,768,292
Fair Values		1,609,815	[3]	1,768,292	[4]
Zeno Technologies, Inc. | Other Technology
Principal		470,208		500,000
Cost		450,668		476,761
Fair Values		450,668	[3]	476,761	[4]
Zimeno Inc. | Other Technology
Principal		12,500,000
Cost		11,978,176
Fair Values	[3]	11,978,176
Axiado Corporation | Security
Principal		4,000,000		4,000,000
Cost		3,849,336		3,822,306
Fair Values		3,849,336	[3]	3,822,306	[4]
BlueCart, Inc. | Software
Principal		1,750,000
Cost		1,639,595
Fair Values	[3]	1,639,595
Canopy Technology Corp. | Software
Principal		2,500,000
Cost		2,376,913
Fair Values	[3]	2,376,913
Common Sun, Inc | Software
Principal		2,000,000		2,000,000
Cost		1,910,960		1,899,191
Fair Values		1,910,960	[3]	1,899,191	[4]
Form Remodel, Inc. | Software
Principal		2,000,000		1,500,000
Cost		1,924,729		1,426,942
Fair Values		1,924,729	[3]	1,426,942	[4]
Gladly Software, Inc. | Software
Principal				24,735,343
Cost				23,906,219
Fair Values	[4]			23,906,219
HaystacksAI, Inc. | Software
Principal		1,000,000		1,000,000
Cost		963,015		957,818
Fair Values		963,015	[3]	957,818	[4]
Journey Builders, Inc. | Software
Principal		1,000,000		1,000,000
Cost		964,621		960,079
Fair Values		964,621	[3]	960,079	[4]
Ocurate, Inc. | Software
Principal		1,000,000		1,000,000
Cost		967,923		962,934
Fair Values		967,923	[3]	962,934	[4]
Overalls, Inc. | Software
Principal		750,000
Cost		705,003
Fair Values	[3]	705,003
Ratio Technologies, Inc. | Software
Principal		2,000,000		2,000,000
Cost		1,924,354		1,917,444
Fair Values		1,924,354	[3]	1,917,444	[4]
Sonatus, Inc | Software
Principal		8,565,487		9,017,064
Cost		8,141,699		8,523,569
Fair Values		8,141,699	[3]	8,523,569	[4]
StayTuned Digital, Inc. | Software
Principal				4,515,338
Cost				4,468,012
Fair Values	[4]			4,468,012
UCM Digital Health, Inc. | Software
Principal		1,629,958		1,706,370
Cost		1,567,645		1,631,822
Fair Values		1,567,645	[3]	1,631,822	[4]
Vesta Housing, Inc. | Software
Principal		2,750,000		2,750,000
Cost		2,612,006		2,596,232
Fair Values		2,612,006	[3]	2,596,232	[4]
iLearningEngines Inc. | Technology Services
Principal		8,637,119		6,688,735
Cost		7,572,097		5,477,340
Fair Values		$ 7,572,097	[3]	$ 5,477,340	[4]
Investment, Identifier [Axis]: AL Services, Senior Secured
Interest Rate		12.50%	[5],[6],[9]	12.50%	[7],[8],[10]
Principal		$ 466,112	[5],[6]	$ 494,570	[7],[8]
Cost		420,021	[5],[6]	439,877	[7],[8]
Fair Values		$ 420,021	[3],[5],[6]	$ 439,877	[4],[7],[8]
Investment, Identifier [Axis]: Actual Systems, Inc., Senior Secured
Interest Rate		12%	[9]	12%	[10]
Principal		$ 903,197		$ 989,381
Cost		846,094		920,800
Fair Values		$ 846,094	[3]	$ 920,800	[4]
Investment, Identifier [Axis]: Ainsly, Inc., Senior Secured 1
Interest Rate		12.50%	[5],[6],[9]	12.50%	[7],[8],[10]
Principal		$ 282,626	[5],[6]	$ 300,000	[7],[8]
Cost		193,950	[5],[6]	196,815	[7],[8]
Fair Values		$ 193,950	[3],[5],[6]	$ 196,815	[4],[7],[8]
Investment, Identifier [Axis]: Ainsly, Inc., Senior Secured 2
Interest Rate		12.50%	[5],[6],[9]	12.50%	[7],[8],[10]
Principal		$ 188,417	[5],[6]	$ 200,000	[7],[8]
Cost		188,408	[5],[6]	199,989	[7],[8]
Fair Values		$ 188,408	[3],[5],[6]	$ 199,989	[4],[7],[8]
Investment, Identifier [Axis]: Airspeed, Inc., Senior Secured
Interest Rate	[10]			11%
Principal				$ 625,000
Cost				573,721
Fair Values	[4]			$ 573,721
Investment, Identifier [Axis]: Airspeed, Inc., Senior Secured 1
Interest Rate	[9]	11%
Principal		$ 625,000
Cost		579,552
Fair Values	[3]	$ 579,552
Investment, Identifier [Axis]: Airspeed, Inc., Senior Secured 2
Interest Rate	[9]	11%
Principal		$ 625,000
Cost		624,810
Fair Values	[3]	$ 624,810
Investment, Identifier [Axis]: Auterion, Inc., Senior Secured
Interest Rate		12.50%	[5],[6],[9]	12.50%	[7],[8],[10]
Principal		$ 3,495,268	[5],[6]	$ 3,841,267	[7],[8]
Cost		3,339,158	[5],[6]	3,652,301	[7],[8]
Fair Values		$ 3,339,158	[3],[5],[6]	$ 3,652,301	[4],[7],[8]
Investment, Identifier [Axis]: Axiado Corporation, Senior Secured 1
Interest Rate		10.50%	[9]	10.50%	[10]
Principal		$ 2,000,000		$ 2,000,000
Cost		1,999,974		1,992,417
Fair Values		$ 1,999,974	[3]	$ 1,992,417	[4]
Investment, Identifier [Axis]: Axiado Corporation, Senior Secured 2
Interest Rate		10.50%	[9]	10.50%	[10]
Principal		$ 2,000,000		$ 2,000,000
Cost		1,849,362		1,829,889
Fair Values		$ 1,849,362	[3]	$ 1,829,889	[4]
Investment, Identifier [Axis]: Azumo, Inc., Senior Secured
Interest Rate		12.80%	[9]	12.80%	[10]
Principal		$ 1,500,000		$ 1,500,000
Cost		1,368,213		1,351,813
Fair Values		$ 1,368,213	[3]	$ 1,351,813	[4]
Investment, Identifier [Axis]: Bankroll Club, LLC, Senior Secured
Interest Rate	[10]			13.30%
Principal				$ 1,000,000
Cost				849,655
Fair Values	[4]			$ 849,655
Investment, Identifier [Axis]: Bankroll Club, LLC, Senior Secured 1
Interest Rate	[9]	14.80%
Principal		$ 1,000,000
Cost		1,000,000
Fair Values	[3]	$ 1,000,000
Investment, Identifier [Axis]: Bankroll Club, LLC, Senior Secured 2
Interest Rate	[9]	13.30%
Principal		$ 1,000,000
Cost		865,785
Fair Values	[3]	$ 865,785
Investment, Identifier [Axis]: Beekeeper's Naturals, Inc, Senior Secured 1
Interest Rate		12%	[5],[6],[9]	12%	[7],[8],[10]
Principal		$ 871,979	[5],[6]	$ 942,953	[7],[8]
Cost		857,110	[5],[6]	925,476	[7],[8]
Fair Values		$ 857,110	[3],[5],[6]	$ 925,476	[4],[7],[8]
Investment, Identifier [Axis]: Beekeeper's Naturals, Inc, Senior Secured 2
Interest Rate		12%	[5],[6],[9]	12%	[7],[8],[10]
Principal		$ 1,743,863	[5],[6]	$ 1,885,802	[7],[8]
Cost		1,647,465	[5],[6]	1,772,774	[7],[8]
Fair Values		$ 1,647,465	[3],[5],[6]	$ 1,772,774	[4],[7],[8]
Investment, Identifier [Axis]: Beekeeper's Naturals, Inc, Senior Secured 3
Interest Rate		12%	[5],[6],[9]	12%	[7],[8],[10]
Principal		$ 872,312	[5],[6]	$ 943,312	[7],[8]
Cost		856,089	[5],[6]	924,247	[7],[8]
Fair Values		$ 856,089	[3],[5],[6]	$ 924,247	[4],[7],[8]
Investment, Identifier [Axis]: Bite Investments (Cayman) Limited, Senior Secured
Interest Rate		12%	[5],[6],[9]	12%	[7],[8],[10]
Principal		$ 1,130,918	[5],[6]	$ 1,266,831	[7],[8]
Cost		1,069,786	[5],[6]	1,190,183	[7],[8]
Fair Values		$ 1,069,786	[3],[5],[6]	$ 1,190,183	[4],[7],[8]
Investment, Identifier [Axis]: BlueCart, Inc., Senior Secured
Interest Rate	[10]			12.50%
Principal				$ 1,500,000
Cost				1,385,567
Fair Values	[4]			$ 1,385,567
Investment, Identifier [Axis]: BlueCart, Inc., Senior Secured 1
Interest Rate	[9]	14.80%
Principal		$ 250,000
Cost		241,811
Fair Values	[3]	$ 241,811
Investment, Identifier [Axis]: BlueCart, Inc., Senior Secured 2
Interest Rate	[9]	12.50%
Principal		$ 1,500,000
Cost		1,397,784
Fair Values	[3]	$ 1,397,784
Investment, Identifier [Axis]: Bound Rates, Inc., Senior Secured
Interest Rate		12%	[5],[6],[9]	12%	[7],[8],[10]
Principal		$ 2,256,651	[5],[6]	$ 2,471,984	[7],[8]
Cost		2,184,621	[5],[6]	2,385,279	[7],[8]
Fair Values		$ 2,184,621	[3],[5],[6]	$ 2,385,279	[4],[7],[8]
Investment, Identifier [Axis]: Breakout Commerce, Inc., Senior Secured
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 2,256,574		$ 2,473,289
Cost		2,155,509		2,351,650
Fair Values		$ 2,155,509	[3]	$ 2,351,650	[4]
Investment, Identifier [Axis]: Bryte, Inc., Senior Secured
Interest Rate		10%	[9]	10%	[10]
Principal		$ 2,105,919		$ 2,330,512
Cost		2,020,570		2,225,943
Fair Values		$ 2,020,570	[3]	$ 2,225,943	[4]
Investment, Identifier [Axis]: Canopy Technology Corp., Senior Secured
Interest Rate	[10]			13.50%
Principal				$ 1,500,000
Cost				1,389,140
Fair Values	[4]			$ 1,389,140
Investment, Identifier [Axis]: Canopy Technology Corp., Senior Secured 1
Interest Rate	[9]	13.50%
Principal		$ 1,500,000
Cost		1,402,826
Fair Values	[3]	$ 1,402,826
Investment, Identifier [Axis]: Canopy Technology Corp., Senior Secured 2
Interest Rate	[9]	15%
Principal		$ 1,000,000
Cost		974,087
Fair Values	[3]	$ 974,087
Investment, Identifier [Axis]: Ceres Imaging, Inc., Senior Secured 1
Interest Rate		12%	[9]	12%	[10]
Principal		$ 1,731,783		$ 1,863,377
Cost		1,688,354		1,757,413
Fair Values		$ 1,688,354	[3]	$ 1,757,413	[4]
Investment, Identifier [Axis]: Ceres Imaging, Inc., Senior Secured 2
Interest Rate		12%	[9]	12%	[10]
Principal		$ 1,687,641		$ 1,732,319
Cost		1,600,807		1,683,957
Fair Values		$ 1,600,807	[3]	$ 1,683,957	[4]
Investment, Identifier [Axis]: Chairman Me, Inc., Senior Secured
Interest Rate		12%	[9]	12%	[10]
Principal		$ 610,702		$ 677,289
Cost		579,562		638,966
Fair Values		$ 213,387	[3]	$ 100,573	[4]
Investment, Identifier [Axis]: Chowbus, Inc., Senior Secured
Interest Rate		12%	[9]	12%	[10]
Principal		$ 3,947,933		$ 4,113,695
Cost		3,540,235		3,620,527
Fair Values		$ 3,540,235	[3]	$ 3,620,527	[4]
Investment, Identifier [Axis]: Clarified Inc., Senior Secured
Interest Rate		12%	[9]	12%	[10]
Principal		$ 662,249		$ 728,381
Cost		615,987		672,611
Fair Values		$ 615,987	[3]	$ 672,611	[4]
Investment, Identifier [Axis]: Common Sun, Inc, Senior Secured 1
Interest Rate		11%	[9]	11%	[10]
Principal		$ 1,500,000		$ 500,000
Cost		1,410,967		498,014
Fair Values		$ 1,410,967	[3]	$ 498,014	[4]
Investment, Identifier [Axis]: Common Sun, Inc, Senior Secured 2
Interest Rate		11%	[9]	11%	[10]
Principal		$ 500,000		$ 1,500,000
Cost		499,993		1,401,177
Fair Values		$ 499,993	[3]	$ 1,401,177	[4]
Investment, Identifier [Axis]: Copia Global Inc., Senior Secured 1
Interest Rate		12%	[5],[6],[9]	12%	[7],[8],[10]
Principal		$ 3,750,000	[5],[6]	$ 3,750,000	[7],[8]
Cost		3,688,192	[5],[6]	3,562,948	[7],[8]
Fair Values		$ 3,688,192	[3],[5],[6]	$ 3,562,948	[4],[7],[8]
Investment, Identifier [Axis]: Copia Global Inc., Senior Secured 2
Interest Rate		12%	[5],[6],[9]	12%	[7],[8],[10]
Principal		$ 3,750,000	[5],[6]	$ 3,750,000	[7],[8]
Cost		3,584,291	[5],[6]	3,668,490	[7],[8]
Fair Values		$ 3,584,291	[3],[5],[6]	$ 3,668,490	[4],[7],[8]
Investment, Identifier [Axis]: CornerUp, Inc., Senior Secured 1
Interest Rate		15%	[9]	15%	[10]
Principal		$ 250,000		$ 250,000
Cost		243,724		195,438
Fair Values		$ 243,724	[3]	$ 195,438	[4]
Investment, Identifier [Axis]: CornerUp, Inc., Senior Secured 2
Interest Rate		15%	[9]	15%	[10]
Principal		$ 250,000		$ 250,000
Cost		200,422		242,058
Fair Values		$ 200,422	[3]	$ 242,058	[4]
Investment, Identifier [Axis]: Creoate Limited, Senior Secured 1
Interest Rate		11.80%	[5],[6],[9]	11.80%	[7],[8],[10]
Principal		$ 750,000	[5],[6]	$ 750,000	[7],[8]
Cost		706,190	[5],[6]	700,244	[7],[8]
Fair Values		$ 706,190	[3],[5],[6]	$ 700,244	[4],[7],[8]
Investment, Identifier [Axis]: Creoate Limited, Senior Secured 2
Interest Rate		14%	[5],[6],[9]	14%	[7],[8],[10]
Principal		$ 250,000	[5],[6]	$ 250,000	[7],[8]
Cost		244,353	[5],[6]	243,708	[7],[8]
Fair Values		$ 244,353	[3],[5],[6]	$ 243,708	[4],[7],[8]
Investment, Identifier [Axis]: D2C Store, Inc., Senior Secured
Interest Rate		10%	[9]	10%	[10]
Principal		$ 2,002,500		$ 2,500,000
Cost		1,714,617		2,227,117
Fair Values		$ 1,714,617	[3]	$ 2,227,117	[4]
Investment, Identifier [Axis]: Daybase, Inc., Senior Secured
Interest Rate		11%	[9]	11%	[10]
Principal		$ 1,265,000		$ 1,250,000
Cost		1,185,577		1,170,577
Fair Values		$ 563,184	[3]	$ 548,184	[4]
Investment, Identifier [Axis]: EasyKnock, Inc., Senior Secured 1
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 2,500,000		$ 2,500,000
Cost		2,429,467		2,419,705
Fair Values		$ 2,429,467	[3]	$ 2,419,705	[4]
Investment, Identifier [Axis]: EasyKnock, Inc., Senior Secured 2
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 2,500,000		$ 2,500,000
Cost		2,246,500		2,208,354
Fair Values		$ 2,246,500	[3]	$ 2,208,354	[4]
Investment, Identifier [Axis]: EasyKnock, Inc., Senior Secured 3
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 2,500,000		$ 2,500,000
Cost		2,410,922		2,401,465
Fair Values		$ 2,410,922	[3]	$ 2,401,465	[4]
Investment, Identifier [Axis]: Eguana Technologies, Inc., Senior Secured 1
Interest Rate		12%	[5],[6],[9]	12%	[7],[8],[10]
Principal		$ 2,110,644	[5],[6]	$ 2,474,224	[7],[8]
Cost		1,952,892	[5],[6]	2,398,209	[7],[8]
Fair Values		$ 1,952,892	[3],[5],[6]	$ 2,398,209	[4],[7],[8]
Investment, Identifier [Axis]: Eguana Technologies, Inc., Senior Secured 2
Interest Rate		12%	[5],[6],[9]	12%	[7],[8],[10]
Principal		$ 2,402,592	[5],[6]	$ 2,330,427	[7],[8]
Cost		2,338,291	[5],[6]	2,138,280	[7],[8]
Fair Values		$ 2,338,291	[3],[5],[6]	$ 2,138,280	[4],[7],[8]
Investment, Identifier [Axis]: Eskalera, Inc., Senior Secured
Interest Rate		12%	[9]	12%	[10]
Principal		$ 1,483,900		$ 1,484,374
Cost		1,400,073		1,390,192
Fair Values		$ 1,400,073	[3]	$ 1,390,192	[4]
Investment, Identifier [Axis]: Fanimal, Inc., Senior Secured 1
Interest Rate		11.80%	[9]	11.80%	[10]
Principal		$ 243,994		$ 375,000
Cost		210,864		364,471
Fair Values		$ 210,864	[3]	$ 364,471	[4]
Investment, Identifier [Axis]: Fanimal, Inc., Senior Secured 2
Interest Rate		11.80%	[9]	11.80%	[10]
Principal		$ 375,000		$ 250,000
Cost		365,687		212,293
Fair Values		$ 365,687	[3]	$ 212,293	[4]
Investment, Identifier [Axis]: First American Government Obligations
Percent Of Net Assets, Cash Equivalents		12.10%		8.20%
Cost, Cash Equivalents		$ 18,541,460		$ 9,307,275
Fair Value, Cash Equivalents		$ 18,541,460		$ 9,307,275
Investment, Identifier [Axis]: Form Remodel, Inc., Senior Secured 1
Interest Rate		11%	[9]	11%	[10]
Principal		$ 500,000		$ 500,000
Cost		489,474		490,717
Fair Values		$ 489,474	[3]	$ 490,717	[4]
Investment, Identifier [Axis]: Form Remodel, Inc., Senior Secured 2
Interest Rate		11%	[9]	11%	[10]
Principal		$ 500,000		$ 500,000
Cost		491,751		489,268
Fair Values		$ 491,751	[3]	$ 489,268	[4]
Investment, Identifier [Axis]: Form Remodel, Inc., Senior Secured 3
Interest Rate		11%	[9]	11%	[10]
Principal		$ 500,000		$ 500,000
Cost		453,233		446,957
Fair Values		$ 453,233	[3]	$ 446,957	[4]
Investment, Identifier [Axis]: Form Remodel, Inc., Senior Secured 4
Interest Rate	[9]	11%
Principal		$ 500,000
Cost		490,271
Fair Values	[3]	$ 490,271
Investment, Identifier [Axis]: FutureProof Technologies, Inc., Senior Secured
Interest Rate		13.50%	[9]	13.50%	[10]
Principal		$ 1,000,000		$ 1,000,000
Cost		917,218		909,297
Fair Values		$ 917,218	[3]	$ 909,297	[4]
Investment, Identifier [Axis]: Gladly Software, Inc., Senior Secured
Interest Rate	[9]	11.60%
Principal		$ 24,729,889
Cost		23,246,149
Fair Values	[3]	$ 23,246,149
Investment, Identifier [Axis]: Gladly Software, Inc., Senior Secured 1
Interest Rate	[10]			11.50%
Principal				$ 14,838,778
Cost				14,183,543
Fair Values	[4]			$ 14,183,543
Investment, Identifier [Axis]: Gladly Software, Inc., Senior Secured 2
Interest Rate	[10]			11.50%
Principal				$ 9,896,565
Cost				9,722,676
Fair Values	[4]			$ 9,722,676
Investment, Identifier [Axis]: GoForward, Inc., Senior Secured
Interest Rate	[9]	12.80%
Principal		$ 20,000,000
Cost		17,147,356
Fair Values	[3]	$ 17,147,356
Investment, Identifier [Axis]: Grayce, Inc., Senior Secured
Interest Rate		14%	[9]	14%	[10]
Principal		$ 750,000		$ 750,000
Cost		696,824		690,595
Fair Values		$ 696,824	[3]	$ 690,595	[4]
Investment, Identifier [Axis]: Grokker, Inc., Senior Secured
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 500,000		$ 500,000
Cost		483,907		481,822
Fair Values		$ 483,907	[3]	$ 481,822	[4]
Investment, Identifier [Axis]: HaystacksAI, Inc., Senior Secured 1
Interest Rate		11%	[9]	11%	[10]
Principal		$ 500,000		$ 500,000
Cost		463,015		499,542
Fair Values		$ 463,015	[3]	$ 499,542	[4]
Investment, Identifier [Axis]: HaystacksAI, Inc., Senior Secured 2
Interest Rate		11%	[9]	11%	[10]
Principal		$ 500,000		$ 500,000
Cost		500,000		458,276
Fair Values		$ 500,000	[3]	$ 458,276	[4]
Investment, Identifier [Axis]: Heading Health Inc., Senior Secured 1
Interest Rate		12.50%	[9]	13.50%	[10]
Principal		$ 362,058		$ 750,000
Cost		336,000		646,431
Fair Values		$ 190,172	[3]	$ 394,852	[4]
Investment, Identifier [Axis]: Heading Health Inc., Senior Secured 2
Interest Rate		13.50%	[9]	12.50%	[10]
Principal		$ 750,000		$ 407,644
Cost		657,031		374,703
Fair Values		$ 405,451	[3]	$ 228,875	[4]
Investment, Identifier [Axis]: Hint, Inc., Senior Secured
Interest Rate		12%	[9]	12%	[10]
Principal		$ 7,174,735		$ 7,416,998
Cost		6,252,374		6,314,514
Fair Values		$ 6,252,374	[3]	$ 6,314,514	[4]
Investment, Identifier [Axis]: Hoken Holdings Inc., Senior Secured
Interest Rate		13%	[9]	13%	[10]
Principal		$ 625,000		$ 625,000
Cost		549,286		541,825
Fair Values		$ 549,286	[3]	$ 541,825	[4]
Investment, Identifier [Axis]: Holo, Inc., Senior Secured
Interest Rate	[10]			13.50%
Principal				$ 1,000,000
Cost				890,813
Fair Values	[4]			$ 890,813
Investment, Identifier [Axis]: Holo, Inc., Senior Secured 1
Interest Rate	[9]	13.50%
Principal		$ 1,000,000
Cost		903,382
Fair Values	[3]	$ 903,382
Investment, Identifier [Axis]: Holo, Inc., Senior Secured 2
Interest Rate	[9]	15.50%
Principal		$ 500,000
Cost		479,857
Fair Values	[3]	$ 479,857
Investment, Identifier [Axis]: HumanAPI, Inc., Senior Secured
Interest Rate		11.80%	[9]	11.80%	[10]
Principal		$ 2,426,109		$ 2,500,000
Cost		2,292,558		2,342,812
Fair Values		$ 2,292,558	[3]	$ 2,342,812	[4]
Investment, Identifier [Axis]: Hyphen Technologies, Inc., Senior Secured
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 3,000,000		$ 3,000,000
Cost		2,850,297		2,832,916
Fair Values		$ 2,850,297	[3]	$ 2,832,916	[4]
Investment, Identifier [Axis]: Intuition Robotics, Inc., Senior Secured
Interest Rate		12%	[5],[6],[9]	12%	[7],[8],[10]
Principal		$ 2,500,000	[5],[6]	$ 2,500,000	[7],[8]
Cost		2,400,725	[5],[6]	2,386,311	[7],[8]
Fair Values		$ 2,400,725	[3],[5],[6]	$ 2,386,311	[4],[7],[8]
Investment, Identifier [Axis]: Jiko Group, Inc., Senior Secured
Interest Rate		12%	[9]	12%	[10]
Principal		$ 1,886,348		$ 2,169,182
Cost		1,838,287		2,105,686
Fair Values		$ 1,838,287	[3]	$ 2,105,686	[4]
Investment, Identifier [Axis]: Journey Builders, Inc., Senior Secured 1
Interest Rate		11%	[9]	11%	[10]
Principal		$ 500,000		$ 500,000
Cost		499,993		499,992
Fair Values		$ 499,993	[3]	$ 499,992	[4]
Investment, Identifier [Axis]: Journey Builders, Inc., Senior Secured 2
Interest Rate		11%	[9]	11%	[10]
Principal		$ 500,000		$ 500,000
Cost		464,628		460,087
Fair Values		$ 464,628	[3]	$ 460,087	[4]
Investment, Identifier [Axis]: Joy Memories, Inc, Senior Secured
Interest Rate		12%	[9]	12%	[10]
Principal		$ 1,500,000		$ 1,500,000
Cost		1,368,567		1,351,073
Fair Values		$ 1,368,567	[3]	$ 1,351,073	[4]
Investment, Identifier [Axis]: Julie Products Inc., Senior Secured
Interest Rate	[10]			13%
Principal				$ 1,000,000
Cost				919,339
Fair Values	[4]			$ 919,339
Investment, Identifier [Axis]: Julie Products Inc., Senior Secured 1
Interest Rate	[9]	15.30%
Principal		$ 375,000
Cost		361,833
Fair Values	[3]	$ 361,833
Investment, Identifier [Axis]: Julie Products Inc., Senior Secured 2
Interest Rate	[9]	13%
Principal		$ 1,000,000
Cost		929,626
Fair Values	[3]	$ 929,626
Investment, Identifier [Axis]: Juvo Mobile, Inc., Senior Secured
Interest Rate		12%	[6],[9]	12%	[8],[10]
Principal		$ 1,500,000	[6]	$ 1,500,000	[8]
Cost		1,407,439	[6]	1,398,672	[8]
Fair Values		$ 1,407,439	[3],[6]	$ 1,398,672	[4],[8]
Investment, Identifier [Axis]: KBS, Inc., Senior Secured
Interest Rate		14%	[9]	14%	[10]
Principal		$ 250,000		$ 250,000
Cost		220,735		218,018
Fair Values		$ 220,735	[3]	$ 218,018	[4]
Investment, Identifier [Axis]: Ketch Kloud, Inc., Senior Secured
Interest Rate		13%	[9]	13%	[10]
Principal		$ 7,000,000		$ 7,000,000
Cost		6,641,506		6,613,376
Fair Values		$ 6,641,506	[3]	$ 6,613,376	[4]
Investment, Identifier [Axis]: Kinoo, Inc., Senior Secured
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 798,827		$ 843,595
Cost		765,642		807,624
Fair Values		$ 765,642	[3]	$ 807,624	[4]
Investment, Identifier [Axis]: Klar Holdings Limited, Senior Secured
Interest Rate		11.80%	[6],[9]	11.80%	[7],[8],[10]
Principal		$ 4,804,373	[6]	$ 4,948,064	[7],[8]
Cost		4,547,471	[6]	4,644,823	[7],[8]
Fair Values		$ 4,547,471	[3],[6]	$ 4,644,823	[4],[7],[8]
Investment, Identifier [Axis]: Lacuna Technologies, Inc., Senior Secured 1
Interest Rate		12%	[9]	12%	[10]
Principal		$ 2,473,167		$ 1,440,513
Cost		2,427,365		1,358,490
Fair Values		$ 2,427,365	[3]	$ 1,358,490	[4]
Investment, Identifier [Axis]: Lacuna Technologies, Inc., Senior Secured 2
Interest Rate		12%	[9]	12%	[10]
Principal		$ 1,310,024		$ 2,473,956
Cost		1,242,281		2,422,050
Fair Values		$ 1,242,281	[3]	$ 2,422,050	[4]
Investment, Identifier [Axis]: Lassen Peak, Inc., Senior Secured
Interest Rate		11%	[9]	11%	[10]
Principal		$ 222,887		$ 258,755
Cost		215,165		248,385
Fair Values		$ 215,165	[3]	$ 248,385	[4]
Investment, Identifier [Axis]: LendTable Inc., Senior Secured
Interest Rate		13.50%	[9]	13.50%	[10]
Principal		$ 2,000,000		$ 2,000,000
Cost		1,876,957		1,863,125
Fair Values		$ 1,876,957	[3]	$ 1,863,125	[4]
Investment, Identifier [Axis]: Literati, Inc., Senior Secured 1
Interest Rate		11.30%	[9]	11.30%	[10]
Principal		$ 2,474,622		$ 4,949,071
Cost		2,436,699		4,677,972
Fair Values		$ 2,436,699	[3]	$ 4,677,972	[4]
Investment, Identifier [Axis]: Literati, Inc., Senior Secured 2
Interest Rate		11.30%	[9]	11.30%	[10]
Principal		$ 4,947,626		$ 2,475,323
Cost		4,715,778		2,430,878
Fair Values		$ 4,715,778	[3]	$ 2,430,878	[4]
Investment, Identifier [Axis]: Loansnap Holdings Inc., Senior Secured
Interest Rate		10.30%	[6],[9]	10.30%	[8],[10]
Principal		$ 3,669,060	[6]	$ 3,669,060	[8]
Cost		3,459,678	[6]	3,418,325	[8]
Fair Values		$ 2,626,523	[3],[6]	$ 2,585,169	[4],[8]
Investment, Identifier [Axis]: Logistech Solutions Pte. Ltd., Senior Secured
Interest Rate	[7],[8],[10]			11.50%
Principal	[7],[8]			$ 500,000
Cost	[7],[8]			397,719
Fair Values	[4],[7],[8]			$ 397,719
Investment, Identifier [Axis]: Logistech Solutions Pte. Ltd., Senior Secured 1
Interest Rate	[5],[6],[9]	12.80%
Principal	[5],[6]	$ 1,000,000
Cost	[5],[6]	974,091
Fair Values	[3],[5],[6]	$ 974,091
Investment, Identifier [Axis]: Logistech Solutions Pte. Ltd., Senior Secured 2
Interest Rate	[5],[6],[9]	11.50%
Principal	[5],[6]	$ 500,000
Cost	[5],[6]	409,192
Fair Values	[3],[5],[6]	$ 409,192
Investment, Identifier [Axis]: Maker Wine Company, Senior Secured
Interest Rate		11.80%	[9]	11.80%	[10]
Principal		$ 391,859		$ 436,797
Cost		378,097		419,677
Fair Values		$ 378,097	[3]	$ 419,677	[4]
Investment, Identifier [Axis]: Markai, Inc., Senior Secured
Interest Rate		12.50%	[9]	12.50%	[10]
Principal		$ 905,279		$ 1,013,498
Cost		868,485		967,346
Fair Values		$ 663,030	[3]	$ 967,346	[4]
Investment, Identifier [Axis]: Miami Labs, Inc., Senior Secured
Interest Rate		13.30%	[9]	13.30%	[10]
Principal		$ 7,500,000		$ 7,500,000
Cost		7,019,426		6,976,522
Fair Values		$ 7,019,426	[3]	$ 6,976,522	[4]
Investment, Identifier [Axis]: Migo Money, Inc., Senior Secured
Interest Rate		11.50%	[5],[6],[9]	11.50%	[7],[8],[10]
Principal		$ 1,444,017	[5],[6]	$ 1,627,695	[7],[8]
Cost		1,388,344	[5],[6]	1,556,984	[7],[8]
Fair Values		$ 1,388,344	[3],[5],[6]	$ 1,556,984	[4],[7],[8]
Investment, Identifier [Axis]: Minded, Inc., Senior Secured
Interest Rate		10.50%	[9]	10.50%	[10]
Principal		$ 1,500,000		$ 1,500,000
Cost		1,437,345		1,428,639
Fair Values		$ 1,437,345	[3]	$ 1,428,639	[4]
Investment, Identifier [Axis]: NewGlobe Education, Inc., Senior Secured
Interest Rate		12.50%	[5],[6],[9]	12.50%	[7],[8],[10]
Principal		$ 7,237,736	[5],[6]	$ 8,149,032	[7],[8]
Cost		7,028,849	[5],[6]	7,883,901	[7],[8]
Fair Values		$ 7,028,849	[3],[5],[6]	$ 7,883,901	[4],[7],[8]
Investment, Identifier [Axis]: NopSec Inc., Senior Secured
Interest Rate		12%	[9]	12%	[10]
Principal		$ 1,243,498		$ 1,392,941
Cost		1,205,080		1,344,673
Fair Values		$ 1,205,080	[3]	$ 1,344,673	[4]
Investment, Identifier [Axis]: Nue Life Health, Inc., Senior Secured
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 1,500,000		$ 1,500,000
Cost		1,394,760		1,377,534
Fair Values		$ 501,329	[3]	$ 1,377,534	[4]
Investment, Identifier [Axis]: Ocho Holdings Co., Senior Secured 1
Interest Rate		11.30%	[9]	11.30%	[10]
Principal		$ 360,890		$ 406,912
Cost		356,041		400,736
Fair Values		$ 356,041	[3]	$ 400,736	[4]
Investment, Identifier [Axis]: Ocho Holdings Co., Senior Secured 2
Interest Rate		11.30%	[9]	11.30%	[10]
Principal		$ 360,733		$ 406,735
Cost		346,415		388,544
Fair Values		$ 346,415	[3]	$ 388,544	[4]
Investment, Identifier [Axis]: Ocurate, Inc., Senior Secured 1
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 500,000		$ 500,000
Cost		476,031		490,615
Fair Values		$ 476,031	[3]	$ 490,615	[4]
Investment, Identifier [Axis]: Ocurate, Inc., Senior Secured 2
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 500,000		$ 500,000
Cost		491,892		472,319
Fair Values		$ 491,892	[3]	$ 472,319	[4]
Investment, Identifier [Axis]: OneLocal, Inc., Senior Secured
Interest Rate	[5],[6],[9]	12%
Principal	[5],[6]	$ 959,717
Cost	[5],[6]	913,065
Fair Values	[3],[5],[6]	$ 913,065
Investment, Identifier [Axis]: OneLocal, Inc., Senior Secured 1
Interest Rate	[7],[8],[10]			12%
Principal	[7],[8]			$ 494,512
Cost	[7],[8]			472,195
Fair Values	[4],[7],[8]			$ 472,195
Investment, Identifier [Axis]: OneLocal, Inc., Senior Secured 2
Interest Rate	[7],[8],[10]			12%
Principal	[7],[8]			$ 494,724
Cost	[7],[8]			494,724
Fair Values	[4],[7],[8]			$ 494,724
Investment, Identifier [Axis]: Open Inc., Senior Secured
Interest Rate	[10]			13.50%
Principal				$ 500,000
Cost				462,685
Fair Values	[4]			$ 462,685
Investment, Identifier [Axis]: Open Inc., Senior Secured 1
Interest Rate	[9]	14.80%
Principal		$ 500,000
Cost		489,879
Fair Values	[3]	$ 489,879
Investment, Identifier [Axis]: Open Inc., Senior Secured 2
Interest Rate	[9]	13.50%
Principal		$ 500,000
Cost		466,444
Fair Values	[3]	$ 466,444
Investment, Identifier [Axis]: Overalls, Inc., Senior Secured
Interest Rate	[10]			13.50%
Principal				$ 500,000
Cost				450,282
Fair Values	[4]			$ 450,282
Investment, Identifier [Axis]: Overalls, Inc., Senior Secured 1
Interest Rate	[9]	13.50%
Principal		$ 500,000
Cost		455,003
Fair Values	[3]	$ 455,003
Investment, Identifier [Axis]: Overalls, Inc., Senior Secured 2
Interest Rate	[9]	15.50%
Principal		$ 250,000
Cost		250,000
Fair Values	[3]	$ 250,000
Investment, Identifier [Axis]: Parkoursc, Inc., Senior Secured
Interest Rate	[9]	12.80%
End of Term Payment	[11]	1%
Principal		$ 3,000,000
Cost		2,782,108
Fair Values	[3]	$ 2,782,108
Investment, Identifier [Axis]: Plant Prefab, Inc., Senior Secured
Interest Rate		12.40%	[9]	12.40%	[10]
Principal		$ 1,500,000		$ 1,500,000
Cost		1,392,757		1,378,411
Fair Values		$ 1,392,757	[3]	$ 1,378,411	[4]
Investment, Identifier [Axis]: PlantBaby, inc., Senior Secured 1
Interest Rate		12%	[9]	13.80%	[10]
Principal		$ 117,719		$ 125,000
Cost		114,946		104,878
Fair Values		$ 114,946	[3]	$ 104,878	[4]
Investment, Identifier [Axis]: PlantBaby, inc., Senior Secured 2
Interest Rate		12%	[9]	12%	[10]
Principal		$ 125,000		$ 125,000
Cost		121,692		121,177
Fair Values		$ 121,692	[3]	$ 121,177	[4]
Investment, Identifier [Axis]: PlantBaby, inc., Senior Secured 3
Interest Rate		12%	[9]	12%	[10]
Principal		$ 220,750		$ 242,794
Cost		204,183		222,830
Fair Values		$ 204,183	[3]	$ 222,830	[4]
Investment, Identifier [Axis]: PlantBaby, inc., Senior Secured 4
Interest Rate		13.80%	[9]	12%	[10]
Principal		$ 125,000		$ 125,000
Cost		107,133		121,698
Fair Values		$ 107,133	[3]	$ 121,698	[4]
Investment, Identifier [Axis]: Platform Science, Inc., Senior Secured 1
Interest Rate		12.50%	[9]	12.50%	[10]
Principal		$ 5,000,000		$ 5,000,000
Cost		4,902,880		4,559,118
Fair Values		$ 4,902,880	[3]	$ 4,559,118	[4]
Investment, Identifier [Axis]: Platform Science, Inc., Senior Secured 2
Interest Rate		12.50%	[9]	12.50%	[10]
Principal		$ 5,000,000		$ 5,000,000
Cost		4,605,920		4,891,547
Fair Values		$ 4,605,920	[3]	$ 4,891,547	[4]
Investment, Identifier [Axis]: PrecisionOS Technology Inc., Senior Secured
Interest Rate		12%	[5],[6],[9]	12%	[7],[8],[10]
Principal		$ 941,756	[5],[6]	$ 1,000,000	[7],[8]
Cost		893,655	[5],[6]	942,838	[7],[8]
Fair Values		$ 893,655	[3],[5],[6]	$ 942,838	[4],[7],[8]
Investment, Identifier [Axis]: Proto, Inc., Senior Secured 1
Interest Rate		12.50%	[9]	12.80%	[10]
Principal		$ 1,375,000		$ 1,375,000
Cost		1,287,233		1,374,999
Fair Values		$ 1,287,233	[3]	$ 1,374,999	[4]
Investment, Identifier [Axis]: Proto, Inc., Senior Secured 2
Interest Rate		12.80%	[9]	12.50%	[10]
Principal		$ 1,375,000		$ 1,375,000
Cost		1,374,999		1,273,898
Fair Values		$ 1,374,999	[3]	$ 1,273,898	[4]
Investment, Identifier [Axis]: Quantcast Corp., Senior Secured
Interest Rate		12%	[9]	12%	[10]
Principal		$ 12,500,000		$ 12,500,000
Cost		11,454,693		11,234,828
Fair Values		$ 11,454,693	[3]	$ 11,234,828	[4]
Investment, Identifier [Axis]: Quartzy, Inc., Senior Secured 1
Interest Rate		11%	[9]	11%	[10]
Principal		$ 1,237,438		$ 1,237,779
Cost		1,173,692		1,166,087
Fair Values		$ 1,173,692	[3]	$ 1,166,087	[4]
Investment, Identifier [Axis]: Quartzy, Inc., Senior Secured 2
Interest Rate		11%	[9]	11%	[10]
Principal		$ 1,208,082		$ 1,237,478
Cost		906,251		895,384
Fair Values		$ 906,251	[3]	$ 895,384	[4]
Investment, Identifier [Axis]: Quartzy, Inc., Senior Secured 3
Interest Rate		11%	[9]	11%	[10]
Principal		$ 1,237,795		$ 1,238,126
Cost		1,181,407		1,175,663
Fair Values		$ 1,181,407	[3]	$ 1,175,663	[4]
Investment, Identifier [Axis]: Quartzy, Inc., Senior Secured 4
Interest Rate		11%	[9]	11%	[10]
Principal		$ 1,238,097		$ 1,238,420
Cost		1,177,144		1,171,480
Fair Values		$ 1,177,144	[3]	$ 1,171,480	[4]
Investment, Identifier [Axis]: Ratio Technologies, Inc., Senior Secured 1
Interest Rate		11%	[9]	11%	[10]
Principal		$ 200,000		$ 478,000
Cost		157,396		468,276
Fair Values		$ 157,396	[3]	$ 468,276	[4]
Investment, Identifier [Axis]: Ratio Technologies, Inc., Senior Secured 2
Interest Rate		11%	[9]	11%	[10]
Principal		$ 1,322,000		$ 200,000
Cost		1,297,819		153,702
Fair Values		$ 1,297,819	[3]	$ 153,702	[4]
Investment, Identifier [Axis]: Ratio Technologies, Inc., Senior Secured 3
Interest Rate		11%	[9]	11%	[10]
Principal		$ 478,000		$ 1,322,000
Cost		469,139		1,295,466
Fair Values		$ 469,139	[3]	$ 1,295,466	[4]
Investment, Identifier [Axis]: Reali Inc., Senior Secured
Interest Rate		12.50%	[9]	12.50%	[10]
Principal		$ 3,680,288		$ 3,680,288
Cost		2,725,123		2,725,123
Fair Values		$ 36,744	[3]	$ 111,365	[4]
Investment, Identifier [Axis]: Realm Living, Inc., Senior Secured
Interest Rate	[9]	13%
Principal		$ 4,000,000
Cost		3,770,065
Fair Values	[3]	$ 3,770,065
Investment, Identifier [Axis]: RenoFi, Inc., Senior Secured 1
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 1,397,760		$ 1,484,485
Cost		1,281,298		1,458,080
Fair Values		$ 1,281,298	[3]	$ 1,458,080	[4]
Investment, Identifier [Axis]: RenoFi, Inc., Senior Secured 2
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 1,484,036		$ 1,484,187
Cost		1,461,498		1,345,616
Fair Values		$ 1,461,498	[3]	$ 1,345,616	[4]
Investment, Identifier [Axis]: RetailerX, Inc., Senior Secured 1
Interest Rate		11%	[9]	11%	[10]
Principal		$ 989,813		$ 990,481
Cost		973,250		968,946
Fair Values		$ 973,250	[3]	$ 968,946	[4]
Investment, Identifier [Axis]: RetailerX, Inc., Senior Secured 2
Interest Rate		11%	[9]	11%	[10]
Principal		$ 1,979,407		$ 990,089
Cost		1,886,919		971,291
Fair Values		$ 1,886,919	[3]	$ 971,291	[4]
Investment, Identifier [Axis]: RetailerX, Inc., Senior Secured 3
Interest Rate		11%	[9]	11%	[10]
Principal		$ 990,216		$ 1,979,965
Cost		970,908		1,873,685
Fair Values		$ 970,908	[3]	$ 1,873,685	[4]
Investment, Identifier [Axis]: Rise Gardens, Inc., Senior Secured
Interest Rate	[10]			11.80%
Principal				$ 1,000,000
Cost				953,319
Fair Values	[4]			$ 953,319
Investment, Identifier [Axis]: Rise Gardens, Inc., Senior Secured 1
Interest Rate	[9]	11.80%
Principal		$ 1,000,000
Cost		959,249
Fair Values	[3]	$ 959,249
Investment, Identifier [Axis]: Rise Gardens, Inc., Senior Secured 2
Interest Rate	[9]	11.80%
Principal		$ 500,000
Cost		483,688
Fair Values	[3]	$ 483,688
Investment, Identifier [Axis]: Romaine Empire, Inc., Senior Secured 1
Interest Rate		12%	[9]	13.50%	[10]
Principal		$ 2,968,408		$ 2,955,000
Cost		2,706,364		2,880,629
Fair Values		$ 2,706,364	[3]	$ 2,880,629	[4]
Investment, Identifier [Axis]: Romaine Empire, Inc., Senior Secured 2
Interest Rate		13.50%	[9]	12%	[10]
Principal		$ 2,965,314		$ 2,969,338
Cost		2,895,487		2,685,839
Fair Values		$ 2,895,487	[3]	$ 2,685,839	[4]
Investment, Identifier [Axis]: SISU Aesthetics Clinic, Inc., Senior Secured
Interest Rate	[7],[8],[10]			13.50%
Principal	[7],[8]			$ 1,000,000
Cost	[7],[8]			943,143
Fair Values	[4],[7],[8]			$ 943,143
Investment, Identifier [Axis]: SISU Aesthetics Clinic, Inc., Senior Secured 1
Interest Rate	[5],[6],[9]	13.50%
Principal	[5],[6]	$ 1,000,000
Cost	[5],[6]	952,134
Fair Values	[3],[5],[6]	$ 952,134
Investment, Identifier [Axis]: SISU Aesthetics Clinic, Inc., Senior Secured 2
Interest Rate	[5],[6],[9]	14%
Principal	[5],[6]	$ 750,000
Cost	[5],[6]	741,793
Fair Values	[3],[5],[6]	$ 741,793
Investment, Identifier [Axis]: Scaleup Finance Group ApS, Senior Secured
Interest Rate	[5],[6],[9]	15%
Principal	[5],[6]	$ 1,250,000
Cost	[5],[6]	1,115,158
Fair Values	[3],[5],[6]	$ 1,115,158
Investment, Identifier [Axis]: Scripta Insights, Inc., Senior Secured 1
Interest Rate		12%	[9]	12%	[10]
Principal		$ 1,687,880		$ 466,116
Cost		1,627,990		457,374
Fair Values		$ 1,627,990	[3]	$ 457,374	[4]
Investment, Identifier [Axis]: Scripta Insights, Inc., Senior Secured 2
Interest Rate		12%	[9]	12%	[10]
Principal		$ 422,157		$ 1,863,640
Cost		415,012		1,790,465
Fair Values		$ 415,012	[3]	$ 1,790,465	[4]
Investment, Identifier [Axis]: Serpex Medical Inc., Senior Secured
Interest Rate		11%	[9]	11%	[10]
Principal		$ 750,000		$ 750,000
Cost		724,740		721,020
Fair Values		$ 724,740	[3]	$ 721,020	[4]
Investment, Identifier [Axis]: Sonatus, Inc, Senior Secured 1
Interest Rate		12.50%	[9]	12.50%	[10]
Principal		$ 4,946,760		$ 4,074,357
Cost		4,690,963		3,861,479
Fair Values		$ 4,690,963	[3]	$ 3,861,479	[4]
Investment, Identifier [Axis]: Sonatus, Inc, Senior Secured 2
Interest Rate		12.50%	[9]	12.50%	[10]
Principal		$ 3,618,727		$ 4,942,707
Cost		3,450,736		4,662,090
Fair Values		$ 3,450,736	[3]	$ 4,662,090	[4]
Investment, Identifier [Axis]: StayTuned Digital, Inc., Senior Secured 1
Interest Rate	[10]			12%
Principal				$ 266,300
Cost				264,747
Fair Values	[4]			$ 264,747
Investment, Identifier [Axis]: StayTuned Digital, Inc., Senior Secured 2
Interest Rate	[10]			12%
Principal				$ 865,654
Cost				864,555
Fair Values	[4]			$ 864,555
Investment, Identifier [Axis]: StayTuned Digital, Inc., Senior Secured 3
Interest Rate	[10]			12%
Principal				$ 1,310,443
Cost				1,304,538
Fair Values	[4]			$ 1,304,538
Investment, Identifier [Axis]: StayTuned Digital, Inc., Senior Secured 4
Interest Rate	[10]			12%
Principal				$ 1,732,432
Cost				1,720,017
Fair Values	[4]			$ 1,720,017
Investment, Identifier [Axis]: StayTuned Digital, Inc., Senior Secured 5
Interest Rate	[10]			12%
Principal				$ 98,904
Cost				98,395
Fair Values	[4]			$ 98,395
Investment, Identifier [Axis]: StayTuned Digital, Inc., Senior Secured 6
Interest Rate	[10]			12%
Principal				$ 241,605
Cost				215,760
Fair Values	[4]			$ 215,760
Investment, Identifier [Axis]: Supplant, Inc., Senior Secured
Interest Rate		13%	[5],[6],[9]	13%	[7],[8],[10]
Principal		$ 2,000,000	[5],[6]	$ 2,000,000	[7],[8]
Cost		1,880,302	[5],[6]	1,869,114	[7],[8]
Fair Values		$ 1,880,302	[3],[5],[6]	$ 1,869,114	[4],[7],[8]
Investment, Identifier [Axis]: Surround Group, Inc., Senior Secured
Interest Rate	[9]	14.30%
Principal		$ 1,000,000
Cost		918,029
Fair Values	[3]	$ 918,029
Investment, Identifier [Axis]: TLNT Inc., Senior Secured 1
Interest Rate		14.80%	[9]	14.30%	[10]
Principal		$ 125,000		$ 375,000
Cost		121,701		324,556
Fair Values		$ 121,701	[3]	$ 324,556	[4]
Investment, Identifier [Axis]: TLNT Inc., Senior Secured 2
Interest Rate		14.30%	[9]	14.80%	[10]
Principal		$ 375,000		$ 125,000
Cost		331,233		121,302
Fair Values		$ 331,233	[3]	$ 121,302	[4]
Investment, Identifier [Axis]: Techspert.IO Limited, Senior Secured
Interest Rate	[5],[6],[9]	13.80%
Principal	[5],[6]	$ 1,750,000
Cost	[5],[6]	1,614,363
Fair Values	[3],[5],[6]	$ 1,614,363
Investment, Identifier [Axis]: Terradepth, Inc., Senior Secured
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 5,470,783		$ 5,936,624
Cost		5,241,979		5,666,400
Fair Values		$ 5,241,979	[3]	$ 5,666,400	[4]
Investment, Identifier [Axis]: TheSquareFoot, Inc., Senior Secured
Interest Rate	[9]	18%
Principal		$ 691,909
Cost		388,489
Fair Values	[3]	$ 0
Investment, Identifier [Axis]: TheSquareFoot, Inc., Senior Secured 1
Interest Rate	[10]			14.30%
Principal				$ 300,000
Cost				244,797
Fair Values	[4]			$ 70,518
Investment, Identifier [Axis]: TheSquareFoot, Inc., Senior Secured 2
Interest Rate	[10]			12.80%
Principal				$ 250,000
Cost				138,378
Fair Values	[4]			$ 39,862
Investment, Identifier [Axis]: Titan Health & Security Technologies, Inc., Senior Secured
Interest Rate		12%	[9]	12%	[10]
Principal		$ 1,455,778		$ 1,500,000
Cost		1,396,581		1,430,281
Fair Values		$ 1,396,581	[3]	$ 1,430,281	[4]
Investment, Identifier [Axis]: TomoCredit, Inc., Senior Secured 1
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 1,353,780		$ 1,484,000
Cost		1,280,426		1,484,000
Fair Values		$ 1,280,426	[3]	$ 1,484,000	[4]
Investment, Identifier [Axis]: TomoCredit, Inc., Senior Secured 2
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 1,353,968		$ 1,483,793
Cost		1,353,968		1,395,567
Fair Values		$ 1,353,968	[3]	$ 1,395,567	[4]
Investment, Identifier [Axis]: Traction Apps, Inc., Senior Secured
Interest Rate		12%	[5],[6],[9]	12%	[7],[8],[10]
Principal		$ 750,000	[5],[6]	$ 750,000	[7],[8]
Cost		718,799	[5],[6]	714,536	[7],[8]
Fair Values		$ 718,799	[3],[5],[6]	$ 714,536	[4],[7],[8]
Investment, Identifier [Axis]: UCM Digital Health, Inc., Senior Secured 1
Interest Rate		12%	[9]	12%	[10]
Principal		$ 865,608		$ 840,485
Cost		848,727		785,510
Fair Values		$ 848,727	[3]	$ 785,510	[4]
Investment, Identifier [Axis]: UCM Digital Health, Inc., Senior Secured 2
Interest Rate		12%	[9]	12%	[10]
Principal		$ 764,350		$ 865,885
Cost		718,918		846,312
Fair Values		$ 718,918	[3]	$ 846,312	[4]
Investment, Identifier [Axis]: Ukko Inc., Senior Secured
Interest Rate		11.50%	[9]	11.50%	[7],[8],[10]
Principal		$ 3,500,000		$ 3,500,000	[7],[8]
Cost		3,278,565		3,255,446	[7],[8]
Fair Values		$ 3,278,565	[3]	$ 3,255,446	[4],[7],[8]
Investment, Identifier [Axis]: Umbra Lab, Inc., Senior Secured
Interest Rate		13.50%	[9]	13.50%	[10]
Principal		$ 5,000,000		$ 5,000,000
Cost		4,792,084		4,769,605
Fair Values		$ 4,792,084	[3]	$ 4,769,605	[4]
Investment, Identifier [Axis]: Vesta Housing, Inc., Senior Secured 1
Interest Rate		11.80%	[9]	11.80%	[10]
Principal		$ 1,375,000		$ 1,375,000
Cost		1,338,404		1,334,142
Fair Values		$ 1,338,404	[3]	$ 1,334,142	[4]
Investment, Identifier [Axis]: Vesta Housing, Inc., Senior Secured 2
Interest Rate		11.80%	[9]	11.80%	[10]
Principal		$ 1,375,000		$ 1,375,000
Cost		1,273,602		1,262,090
Fair Values		$ 1,273,602	[3]	$ 1,262,090	[4]
Investment, Identifier [Axis]: Vinvesto, Inc., Senior Secured 1
Interest Rate	[9]	15%
Principal		$ 250,000
Cost		250,000
Fair Values	[3]	$ 250,000
Investment, Identifier [Axis]: Vinvesto, Inc., Senior Secured 2
Interest Rate	[9]	14.80%
Principal		$ 250,000
Cost		220,314
Fair Values	[3]	$ 220,314
Investment, Identifier [Axis]: Virtuix Holdings, Inc., Senior Secured
Interest Rate		12.30%	[9]	12.30%	[10]
Principal		$ 500,000		$ 500,000
Cost		486,006		483,684
Fair Values		$ 486,006	[3]	$ 483,684	[4]
Investment, Identifier [Axis]: Wellth, Inc., Senior Secured 1
Interest Rate		12%	[9]	12%	[10]
Principal		$ 633,354		$ 699,306
Cost		618,871		681,592
Fair Values		$ 618,871	[3]	$ 681,592	[4]
Investment, Identifier [Axis]: Wellth, Inc., Senior Secured 2
Interest Rate		12%	[9]	12%	[10]
Principal		$ 1,055,440		$ 1,165,344
Cost		990,944		1,086,700
Fair Values		$ 990,944	[3]	$ 1,086,700	[4]
Investment, Identifier [Axis]: WorkRails, Inc., Senior Secured
Interest Rate		12%	[9]	12%	[10]
Principal		$ 455,117		$ 455,117
Cost		410,687		424,341
Fair Values		$ 60,665	[3]	$ 60,837	[4]
Investment, Identifier [Axis]: Yuva Biosciences, Inc., Senior Secured
Interest Rate		13.30%	[9]	13.30%	[10]
Principal		$ 250,000		$ 250,000
Cost		216,344		213,070
Fair Values		$ 216,344	[3]	$ 213,070	[4]
Investment, Identifier [Axis]: Zeno Technologies, Inc., Senior Secured 1
Interest Rate		10%	[9]	10%	[10]
Principal		$ 235,104		$ 250,000
Cost		235,101		226,764
Fair Values		$ 235,101	[3]	$ 226,764	[4]
Investment, Identifier [Axis]: Zeno Technologies, Inc., Senior Secured 2
Interest Rate		10%	[9]	10%	[10]
Principal		$ 235,104		$ 250,000
Cost		215,567		249,997
Fair Values		$ 215,567	[3]	$ 249,997	[4]
Investment, Identifier [Axis]: Zimeno Inc., Senior Secured
Interest Rate	[10]			11.50%
Principal				$ 6,250,000
Cost				5,836,685
Fair Values	[4]			$ 5,836,685
Investment, Identifier [Axis]: Zimeno Inc., Senior Secured 1
Interest Rate	[9]	11.50%
Principal		$ 6,250,000
Cost		5,883,752
Fair Values	[3]	$ 5,883,752
Investment, Identifier [Axis]: Zimeno Inc., Senior Secured 2
Interest Rate	[9]	11.50%
Principal		$ 6,250,000
Cost		6,094,424
Fair Values	[3]	$ 6,094,424
Investment, Identifier [Axis]: iLearningEngines Inc., Senior Secured 1
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 2,403,263		$ 1,882,439
Cost		2,341,006		872,280
Fair Values		$ 2,341,006	[3]	$ 872,280	[4]
Investment, Identifier [Axis]: iLearningEngines Inc., Senior Secured 2
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 1,648,400		$ 2,330,963
Cost		828,973		2,203,387
Fair Values		$ 828,973	[3]	$ 2,203,387	[4]
Investment, Identifier [Axis]: iLearningEngines Inc., Senior Secured 3
Interest Rate		11.50%	[9]	11.50%	[10]
Principal		$ 2,109,936		$ 2,475,333
Cost		2,005,488		2,401,673
Fair Values		$ 2,005,488	[3]	$ 2,401,673	[4]
Investment, Identifier [Axis]: iLearningEngines Inc., Senior Secured 4
Interest Rate	[9]	11.50%
Principal		$ 2,475,520
Cost		2,396,630
Fair Values	[3]	$ 2,396,630
[1]The percentage of net assets that each industry group represents is shown with the industry totals (the sum of the percentages does not equal 100% because the percentages are based on net assets as opposed to total loans).[2]The percentage of net assets that each industry group represents is shown with the industry totals (the sum of the percentages does not equal 100% because the percentages are based on net assets as opposed to total loans).[3]There is no readily available market price or secondary market for the Fund’s loan investments, hence the Manager determines fair value of all loan investments presented in the Condensed Schedule of Investments based on a hypothetical market and the estimates may include the use of significant unobservable inputs.[4]There is no readily available market price or secondary market for the Fund’s loan investments, hence the Manager determines fair value of all loan investments presented in the Condensed Schedule of Investments based on a hypothetical market and the estimates may include the use of significant unobservable inputs.[5]Entity is not domiciled in the United States and does not have its principal place of business in the United States.[6]Indicates assets that the Fund deems “non-qualifying assets.” As of March 31, 2023, 16.6% of the Fund’s total assets represented non-qualifying assets. Under Section 55(a) of the 1940 Act, the Fund is prohibited from acquiring any additional non-qualifying assets unless, at the time of acquisition, certain specified qualifying assets (e.g., securities issued by an “eligible portfolio company,” as defined in Section 2(a)(46)) represent at least 70% of its total assets. As part of this calculation, the numerator consists of the fair value of the Fund's investments in all eligible portfolio companies, and the denominator consists of total assets less those assets described in Section 55(a)(7) of the 1940 Act.[7]Entity is not domiciled in the United States and does not have its principal place of business in the United States.[8]Indicates assets that the Fund deems “non-qualifying assets.” As of December 31, 2022, 19.4% of the Fund’s total assets represented non-qualifying assets. Under Section 55(a) of the 1940 Act, the Fund is prohibited from acquiring any additional non-qualifying assets unless, at the time of acquisition, certain specified qualifying assets (e.g., securities issued by an “eligible portfolio company,” as defined in Section 2(a)(46)) represent at least 70% of its total assets. As part of this calculation, the numerator consists of the fair value of the Fund's investments in all eligible portfolio companies, and the denominator consists of total assets less those assets described in Section 55(a)(7) of the 1940 Act.[9]The interest rate is the designated annual interest rate exclusive of any original issue discount, fees or end of term payment.[10]The interest rate is the designated annual interest rate exclusive of any original issue discount, fees or end of term payment.[11]The end of term payments are contractually due on the maturity date and are in addition to the interest rate shown. End of term payments are the percentage of the final payment divided by the original loan amount and are amortized over the full term of the loan.

CONDENSED SCHEDULE OF INVESTM_2

CONDENSED SCHEDULE OF INVESTMENTS (UNAUDITED) (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Loans with costs basis classified as non-accrual	$ 6.4	$ 6.5
Loans with fair value classified as non-accrual	$ 2.4	$ 2.9
Total assets representing non-qualifying assets, percentage	16.60%	19.40%

ORGANIZATION AND OPERATIONS OF

ORGANIZATION AND OPERATIONS OF THE FUND	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND OPERATIONS OF THE FUND	ORGANIZATION AND OPERATIONS OF THE FUND WTI Fund X, Inc. (the “Fund”) was incorporated in Maryland on October 19, 2020 as a non-diversified, closed-end management investment company that elected to be treated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”) and is managed by Westech Investment Advisors, LLC (the “Manager” or “Management”). All of the issued and outstanding membership interests of the Manager were acquired by P10 Intermediate Holdings LLC, a Delaware limited liability company whose ultimate parent is P10, Inc., a Delaware corporation (together, “P10”) on October 13, 2022 (the “Transaction”). The management of day-to-day operations of the Manager remains substantially unchanged and continues to be directed by the Manager’s personnel following the closing of the Transaction. The Fund will be dissolved on December 31, 2031 unless the Board of Directors (the “Board”) opts to elect early dissolution. One hundred percent of the stock of the Fund is held by WTI Fund X, LLC (the “Company”). Prior to commencing investment operations on October 1, 2021, the Fund had no operations other than incurring organizational expenses and the sale to the Company of 100,000 shares of common stock, $0.001 par value (“Shares”) in October 2020 and receipt of $25,000 from the Company as consideration for the purchase of the Shares. This issuance of stock was a requirement to apply for a finance lender’s license from the California Commissioner of Corporations which was obtained on April 5, 2021. The Fund’s investment objective is to achieve superior risk-adjusted investment returns and it seeks to achieve that objective by providing debt financing to portfolio companies, most of which are private. The Fund generally receives warrants to acquire equity securities in connection with its portfolio investments and generally distributes these warrants to its shareholder upon receipt, or soon thereafter. The Fund also has guidelines for the percentages of total assets that are invested in different types of assets. The portfolio investments of the Fund primarily consist of debt financing to early and expansion stage venture capital-backed technology companies. In the Manager’s opinion, the accompanying condensed interim financial statements (hereafter referred to as “financial statements”) include all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation of financial position and results of operations for interim periods. Certain information and note disclosures normally included in audited annual financial statements prepared in accordance with United States Generally Accepted Accounting Principles (“U.S. GAAP”) have been omitted; however, the Fund believes that the disclosures made are adequate to make the information presented not misleading. The interim results for the three months ended March 31, 2023 are not necessarily indicative of what the results would be for a full year. These financial statements should be read in conjunction with the financial statements and the notes included in the Fund’s Annual Report on Form 10-K for the year ended December 31, 2022.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Accounting and Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires Management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. As an investment company, the Fund follows accounting and reporting guidance as set forth in Topic 946 (“Financial Services - Investment Companies”) of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification, as amended (“ASC”). Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand and money market mutual funds with maturities of or the ability to redeem or liquidate holdings within 90 days or less. Cash and cash equivalents are held in two bank accounts with two financial institutions, Mitsubishi UFJ Financial Group, Inc. ("MUFG Bank") and U.S. Bank National Association ("US Bank"), and as a result are subject to custodial concentration risk for cash and cash equivalents. Cash held at US Bank in excess of the Federal Deposit Insurance Corporation (“FDIC”) limit of $250,000 and cash held at MUFG Bank are unsecured. Money market mutual funds held as cash equivalents are valued at their most recently traded net asset value. Within cash and cash equivalents, as of March 31, 2023, the Fund held 18,541,460 Class Z units in the First American Government Obligations Fund valued at $1 per unit at a yield of 4.61%, which represented 12.07% of the net assets of the Fund. Within cash and cash equivalents, as of December 31, 2022, the Fund held 9,307,275 Class Z units in the First American Government Obligations Fund valued at $1 per unit at a yield of 4.06%, and $209,635 in cash which together represented 8.37% of the net assets of the Fund. Interest Income Interest income on loans is recognized on an accrual basis using the effective interest method including amounts resulting from the accretion of discount on loans included as additional compensation as part of the loan agreements. Additionally, fees received as part of the transaction are added to the loan discount and accreted over the life of the loan. Realized Gains and Losses from Loans Realized gains or losses on the sale of loans are computed using the difference between the amortized cost and the sales proceeds. Realized losses on loan write-offs are recognized when management determines a loan is uncollectible. Investment Valuation The Fund accounts for loans for which market quotations are not readily available at fair value as determined in good faith by the Manager, who has been appointed as the Fund's valuation designee, pursuant to Rule 2a-5 under the 1940 Act. Subject to the oversight of the Fund's Board of Directors, all valuations are determined under the direction of the Manager, in accordance with the valuation methods described below and Rule 2a-5. As of March 31, 2023 and December 31, 2022, the financial statements included nonmarketable investments of $300.2 million and $268.5 million, respectively, (or 92.4% and 94.7% of total assets, respectively) with the fair values determined by the Manager in the absence of readily determinable market values. Because of the inherent uncertainty of these valuations, estimated fair values of such investments may differ significantly from the fair values that would have been used had a readily available market for the securities existed, and the differences could be material. Below is the information used by the Manager in making these estimates. Loans The Fund defines fair value as the price that would be received to sell an asset or paid to lower a liability in an orderly transaction between market participants at the measurement date. Because there is no readily available market price and no secondary market for substantially all of the debt investments made by the Fund in its borrowing portfolio companies, Management determines fair value based on hypothetical markets, and on several factors related to each borrower, including, but not limited to, the borrower’s payment history, available cash and “burn rate,” revenues, net income or loss, the likelihood that the borrower will be able to secure additional financing in the future, and an evaluation of the general interest rate environment. The amount of any valuation adjustment considers the estimated amount and timing of cash payments of principal and interest from the borrower and/or liquidation analysis and is determined based upon a credit analysis of the borrower and an analysis of the expected recovery from the borrower, including consideration of factors such as the nature and quality of the Fund’s security interests in collateral, the estimated fair value of the Fund’s collateral, the size of the loan, and the estimated time that will elapse before the Fund achieves a recovery. Management has evaluated these factors and has concluded that, the effect of deterioration in the quality of the underlying collateral, increase in size of the loan, increase in the estimated time to recovery and increase in the hypothetical market coupon rate would have the effect of lowering the fair value of the current portfolio of loans. Non-Accrual Loans The Fund’s policy is to classify a loan as non-accrual when the portfolio company is delinquent for three consecutive months on its monthly loan payment, or, in the opinion of Management, either ceases or drastically curtails its operations and Management deems that it is unlikely that the loan will return to performing status. When a loan is placed on non-accrual status, all interest previously accrued but not collected is reversed for the quarter in which the loan was placed on non-accrual status. Any uncollected interest related to quarters prior to when the loan was placed on non-accrual status is added to the principal balance, and the aggregate balance of the principal and interest is evaluated in accordance with the policy for valuation of loans in determining Management’s best estimate of fair value. Interest received by the Fund on non-accrual loans will be recognized as interest income if and when the proceeds exceed the book value of the respective loan. If a borrower of a non-accrual loan resumes making regular payments and Management believes that such borrower has regained the ability to service the loan on a sustainable basis, the loan is reclassified back to accrual or performing status. Interest that would have been accrued during the time a loan was classified as non-accrual will be added back to the remaining payment schedule causing a change in the effective interest rate. As of March 31, 2023 and December 31, 2022, loans with a cost basis of $6.4 million and $6.5 million and a fair value of $2.4 million and $2.9 million were classified as non-accrual. Warrants and Equity Securities Warrants and equity securities received in connection with loan transactions are measured at fair value at the time of acquisition. Warrants are valued based on a Black-Scholes option pricing model which considers, among several factors, the underlying stock value, expected term, volatility, and risk-free interest rate. It is anticipated that such securities will be distributed by the Fund to the Company simultaneously with, or shortly following, their acquisition. The underlying asset value is estimated based on available information. Volatility, or the amount of uncertainty or risk about the size of the changes in the warrant price, is based on an index of publicly traded companies grouped by industry and which are similar in nature to the underlying portfolio companies issuing the warrant (“Industry Index”). The volatility assumption for each Industry Index is based on the average volatility for individual public companies within the portfolio company’s industry for a period of time approximating the expected life of the warrants. A hypothetical increase in the volatility of the warrants used in the Black-Scholes option pricing model would have the effect of increasing the fair value of the warrants. The remaining expected lives of warrants are based on historical experience of the average life of the warrants, as warrants are often exercised in the event of acquisitions, mergers, or initial public offerings and terminated due to events such as bankruptcies, restructuring activities, or additional financings. These events cause the expected term to be less than the remaining contractual term of the warrants. As of March 31, 2023 and December 31, 2022, the Fund assumed the average duration of a warrant is 4.0 years. The effect of a hypothetical increase in the estimated initial term of the warrants used in the Black-Scholes option pricing model would have the effect of increasing the fair value of the warrants. However, the estimated initial term of the warrants is one factor, of many, used in the valuation of warrants, and by itself does not have a significant impact on the results of operations. The risk-free interest rate is derived from the constant maturity tables issued by the U.S. Treasury Department. The effect of a hypothetical increase in the estimated risk-free rate used in the Black-Scholes option pricing model would have the effect of increasing the fair value of the warrants. Other Assets and Liabilities Other assets include costs incurred in conjunction with borrowings under the Fund's debt facility and are stated at initial cost. These costs are amortized over the term of the facility. The fair values of other assets and accrued liabilities are estimated at their carrying values because of the short-term nature of these assets and liabilities. The carrying value of the borrowings under the debt facility approximates their fair value based on the borrowing rates available to the Fund. Deferred Debt Facility Fees The deferred debt facility fees and costs associated with the debt facility are included in Other assets in the Condensed Statements of Assets and Liabilities and are being amortized over the estimated life of the facility, which currently matures on October 18, 2026. The amortization of these costs is recorded as interest expense in the Condensed Statements of Operations. Commitment Fees Unearned income and commitment fees on loans are recognized using the effective-interest method over the term of the loan. Commitment fees are carried as liabilities when received for commitments upon which no draws have been made. When the first draw is made, the fee is treated as unearned income and is recognized as described above. If a draw is never made, the forfeited commitment fee less any applicable legal costs becomes recognized as other income after the commitment expires.

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
FAIR VALUE DISCLOSURES	FAIR VALUE DISCLOSURESThe Fund provides asset-based financing primarily to start-up and emerging growth venture-backed companies pursuant to commitments whereby the Fund agrees to finance assets and provide working or growth capital up to a specified amount for the term of the commitment, upon the terms and subject to the conditions specified by such commitment. Even though these loans are generally secured by the assets of the borrowers, the Fund in most cases is subject to the credit risk of such companies. As of March 31, 2023 and December 31, 2022, the Fund’s investments in loans were primarily to companies based within the United States and were diversified among borrowers in the industry segments shown in the Condensed Schedules of Investments. All loans are senior to unsecured creditors and other secured creditors, unless otherwise indicated in the Condensed Schedules of Investments. The Fund defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date; that is, an exit price. The exit price assumes the asset or liability was exchanged in an orderly transaction; it was not a forced liquidation or distressed sale. Because there is no readily available market price and no secondary market for substantially all of the loan investments made by the Fund to borrowing portfolio companies, Management determines fair value (or estimated exit value) based on a hypothetical market, and several factors related to each borrower. Loan balances in the Condensed Schedules of Investments are listed by borrower. Typically, a borrower’s balance will be composed of several loans drawn under a commitment made by the Fund with the interest rate on each loan fixed at the time each loan is funded. Each loan drawn under a commitment has a different maturity date and amount. The following tables below shows the weighted average interest rate of the performing loans and all loans: Performing Loans For the Three Months Ended March 31, 2023 For the Three Months Ended March 31, 2022 Weighted-Average Interest Rate - Cash 13.86 % 12.10 % Weighted-Average Interest Rate - Non-Cash 3.48 % 4.09 % Weighted-Average Interest Rate 17.34 % 16.19 % All Loans For the Three Months Ended March 31, 2023 For the Three Months Ended March 31, 2022 Weighted-Average Interest Rate - Cash 13.74 % 12.10 % Weighted-Average Interest Rate - Non-Cash 3.44 % 4.09 % Weighted-Average Interest Rate 17.18 % 16.19 % Interest is calculated using the effective interest method, and rates earned by the Fund will fluctuate based on many factors including early payoffs, volatility of values ascribed to warrants and new loans funded during the period. The risk profile of a loan changes when events occur that impact the credit analysis of the borrower and loan as discussed in the Fund’s loan accounting policy. Such changes result in the fair value adjustments made to the individual loans, which in accordance with U.S. GAAP, would be based on the price that would be received to sell an asset or paid to settle a liability in an orderly transaction between market participants at the measurement date. Where the risk profile is consistent with the original underwriting, the cost basis of the loan often approximates fair value. All loans as of March 31, 2023 and December 31, 2022 were pledged as collateral for the debt facility, and the Fund’s borrowings are generally collateralized by all assets of the Fund. As of March 31, 2023 and December 31, 2022, the Fund had unexpired unfunded commitments to borrowers of $95.0 million and $88.8 million, respectively. Valuation Hierarchy Under the FASB ASC Topic 820 (“Fair Value Measurement”), the Fund categorizes its fair value measurements according to a three-level hierarchy. The hierarchy prioritizes the inputs used by the Fund’s valuation techniques. A level is assigned to each fair value measurement based on the lowest level input that is significant to the fair value measurement in its entirety. The three levels of the fair value hierarchy are defined as follows: Level 1 Unadjusted quoted prices for identical assets or liabilities in active markets that are accessible at the measurement date. Level 2 Prices or valuations based on observable inputs other than quoted prices in active markets for identical assets and liabilities. Level 3 Prices or valuations that require inputs that are both significant to the fair value measurement and unobservable. There were no transfers in and out of Level 1, 2, or 3 during the three months ended March 31, 2023 and 2022. The Fund’s cash equivalents were valued at the traded net asset value of the money market fund. As a result, these measurements are classified as Level 1. The Fund’s borrowings under the debt facility are also classified as Level 2, because the carrying values of the borrowings are based on rates that are observable at commonly quoted intervals, which are Level 2 inputs, and that approximate fair values. The Fund’s loan transactions are individually negotiated and unique, and because there is little to no market in which these assets trade, the inputs for these assets are valued using estimated exit values. As a result, the Fund's loan investments are classified as Level 3. The following tables provide quantitative information about the Fund’s Level 3 fair value measurements of the Fund’s investments by industry as of March 31, 2023 and December 31, 2022. In addition to the techniques and inputs noted in the tables below, the Fund may also use other valuation techniques and methodologies when determining its fair value measurements. Investment Type - Level 3 Loan Investments Fair Values at March 31, 2023 Valuation Techniques / Methodologies Unobservable Input Range Weighted Average (a) Biotechnology $ 7,717,059 Hypothetical market analysis Hypothetical market coupon rate 15% - 18% 17% Computers & Storage 2,662,232 Hypothetical market analysis Hypothetical market coupon rate * 15% Internet 32,298,411 Hypothetical market analysis Hypothetical market coupon rate 13%- 31% 16% Asset Recovery Probability weighting of alternative outcomes 100%* Medical Devices 724,740 Hypothetical market analysis Hypothetical market coupon rate * 13% Other Healthcare 25,152,599 Hypothetical market analysis Hypothetical market coupon rate 13% - 22% 19% Other Technology 123,686,952 Hypothetical market analysis Hypothetical market coupon rate 13%- 25% 16% Asset Recovery Probability weighting of alternative outcomes 5% -100%^ Security 4,064,501 Hypothetical market analysis Hypothetical market coupon rate 13% - 16% 13% Semiconductors & Equipment 5,241,979 Hypothetical market analysis Hypothetical market coupon rate * 15% Software 79,958,146 Hypothetical market analysis Hypothetical market coupon rate 13%- 23% 16% Asset Recovery Probability weighting of alternative outcomes 10% - 80%** Technology Services 17,278,483 Hypothetical market analysis Hypothetical market coupon rate 16%- 25% 21% Asset Recovery Probability weighting of alternative outcomes 20% - 40% ** Wireless 1,407,439 Hypothetical market analysis Hypothetical market coupon rate * 15% Total Loan Investments $ 300,192,541 (a) The weighted-average hypothetical market coupon rates were calculated using the relative fair value of the loans. * There is no range for this industry as there is only one loan. ^ Probability weightings vary among portfolio companies within each industry based on different potential future outcomes. ** There is only one loan in the industry. Investment Type - Level 3 Loan Investments Fair Value at December 31, 2022 Valuation Techniques / Methodologies Unobservable Input Range Weighted Average (a) Biotechnology $ 7,664,060 Hypothetical market analysis Hypothetical market coupon rate 16% - 18 17% Computers & Storage 2,648,897 Hypothetical market analysis Hypothetical market coupon rate * 16% Internet 28,419,808 Hypothetical market analysis Hypothetical market coupon rate 13% - 31% 17% Asset Recovery Probability weighting of alternative outcomes 100%** Medical Devices 721,020 Hypothetical market analysis Hypothetical market coupon rate * 14% Other Healthcare 7,217,996 Hypothetical market analysis Hypothetical market coupon rate 14% - 22% 17% Other Technology 117,101,952 Hypothetical market analysis Hypothetical market coupon rate 14% - 37% 17% Asset Recovery Probability weighting of alternative outcomes 5% - 90% ^ Security 4,070,691 Hypothetical market analysis Hypothetical market coupon rate 13% - 16% 14% Semiconductors & Equipment 5,666,400 Hypothetical market analysis Hypothetical market coupon rate * 15% Software 80,882,144 Hypothetical market analysis Hypothetical market coupon rate 13% -23% 16% Asset Recovery Probability weighting of alternative outcomes 10% -80% **^ Technology Services 12,707,332 Hypothetical market analysis Hypothetical market coupon rate 16% - 31% 22% Asset Recovery Probability weighting of alternative outcomes 25%** Wireless 1,398,672 Hypothetical market analysis Hypothetical market coupon rate * 16% Total Loan Investments $ 268,498,972 (a) The weighted-average hypothetical market coupon rates were calculated using the relative fair value of the loans. ^ Probability weightings vary among portfolio companies within each industry based on different potential future outcomes. * There is no range for this industry as there is only one loan. ** There is only one loan within the industry. The following tables present the balances of assets and liabilities as of March 31, 2023 and December 31, 2022 measured at fair value on a recurring basis. As of March 31, 2023 ASSETS: Level 1 Level 2 Level 3 Total Loans † $ — $ — $ 300,192,541 $ 300,192,541 Cash equivalents 18,541,460 — — 18,541,460 Total assets $ 18,541,460 $ — $ 300,192,541 $ 318,734,001 LIABILITIES: Level 1 Level 2 Level 3 Total Borrowings under debt facility $ — $ 166,500,000 $ — $ 166,500,000 Total liabilities $ — $ 166,500,000 $ — $ 166,500,000 † For a detailed listing of borrowers comprising this amount, please refer to the Condensed Schedule of Investments. As of December 31, 2022 ASSETS: Level 1 Level 2 Level 3 Total Loans † $ — $ — $ 268,498,972 $ 268,498,972 Cash equivalents 9,307,275 — — 9,307,275 Total assets $ 9,307,275 $ — $ 268,498,972 $ 277,806,247 LIABILITIES: Level 1 Level 2 Level 3 Total Borrowings under debt facility $ — $ 165,500,000 $ — $ 165,500,000 Total liabilities $ — $ 165,500,000 $ — $ 165,500,000 † For a detailed listing of borrowers comprising this amount, please refer to the Condensed Schedule of Investments. The following table provides a summary of changes in Level 3 assets measured at fair value on a recurring basis: For the Three Months Ended March 31, 2023 For the Three Months Ended March 31, 2022 Loans Warrants Loans Warrants Beginning balance $ 268,498,972 $ — $ 74,498,626 $ — Acquisitions and originations 47,500,000 4,641,222 71,975,000 5,048,953 Principal payments on loans, net of accretion (14,702,930) — (5,029,176) — Distributions to shareholder — (4,641,222) — — Net change in unrealized loss from loans (1,103,501) — — (5,048,953) Ending balance $ 300,192,541 $ — $ 141,444,450 $ — Net change in unrealized loss from loans still held at March 31, 2023 and 2022 $ (1,103,501) $ — $ — $ —

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE            Basic earnings per share are computed by dividing net increase (decrease) in net assets resulting from operations by the weighted average common shares outstanding. Diluted earnings (loss) per share are computed by dividing net increase (decrease) in net assets resulting from operations by the weighted average common shares outstanding, including the dilutive effects of potential common shares (e.g., stock options). The Fund has no instruments that would be potential common shares; thus, reported basic and diluted earnings (loss) per share are the same.

CAPITAL STOCK

CAPITAL STOCK	3 Months Ended
	Mar. 31, 2023
Stockholders' Equity Note [Abstract]
CAPITAL STOCK	CAPITAL STOCK As of both March 31, 2023 and December 31, 2022, there were 10,000,000 shares of $0.001 par value common stock authorized, and 100,000 shares issued and outstanding. Total committed capital of the Company, as of both March 31, 2023 and December 31, 2022, was $500.0 million. Total contributed capital to the Company as of March 31, 2023 and December 31, 2022 was $205.0 million and $160.0 million, respectively, of which $181.0 million and $142.5 million were contributed to the Fund, respectively. The chart below shows the distributions of the Fund for the three months ended March 31, 2023 and 2022. For the Three Months Ended March 31, 2023 For the Three Months Ended March 31, 2022 Distributions of equity securities $ (4,641,222) $ (5,048,953) Total distributions to shareholder $ (4,641,222) $ (5,048,953)

DEBT FACILITY

DEBT FACILITY	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
DEBT FACILITY	DEBT FACILITY The 1940 Act requires a BDC to meet certain levels of asset coverage with respect to its outstanding “senior securities,” which typically consist of outstanding borrowings under credit facilities and other debt instruments. Historically, BDCs have only been allowed to incur indebtedness by issuing senior securities if their asset coverage equals at least 200% after giving effect to such borrowings. The Small Business Credit Availability Act (the “SBCAA”), which was signed into law on March 23, 2018, added a new Section 61(a)(2) to the 1940 Act that permits BDCs like the Fund to increase the amount of indebtedness they may incur by lowering the asset coverage requirement from 200% to 150% if they make certain disclosures and obtain the approval by either (1) a “required majority,” as defined in Section 57(o) of the 1940 Act, of the BDC’s board of directors, including a majority of non-interested directors within the meaning of Section 2(a)(19) of the 1940 Act (‘Independent Directors”), with effectiveness one year after the date of such approval or (2) a majority of votes cast at a special or annual meeting of the BDC’s shareholders at which a quorum is present, which is effective the day after such stockholder approval. On April 30, 2021, the sole shareholder of the Fund approved the application to the Fund of a minimum asset coverage ratio of 150%, pursuant to Section 61(a)(2) of the 1940 Act to provide the Fund with maximum leverage flexibility. The 150% asset coverage ratio became effective for the Fund on April 30, 2021. As of March 31, 2023, and December 31, 2022, the Fund’s asset coverage for borrowings was 192% and 168%. On October 18, 2021, the Fund entered into a loan agreement with ING Capital LLC, that established a secured revolving loan facility in an initial amount of up to $125.0 million with the option to request that borrowing availability be increased up to $375.0 million, subject to further negotiation and credit approval. On December 17, 2021, the Fund entered into an Assignment, Assumption and Accession Agreement and Amendment No. 1 to the Loan and Security Agreement with ING Capital LLC and Zions Bancorporation N.A. dba California Bank & Trust, with participation from Wells Fargo Bank, N.A., Bank Leumi USA, Bank of Hope and MUFG Union Bank, N.A., that increased the size of the facility to $250.0 million (the “Amended Loan Agreement”). An additional $125.0 million is potentially available to the Fund, subject to further negotiation and credit approval, through an accordion provision. Effective January 18, 2022, ING Capital assigned $30.0 million of its commitment in the debt facility to City National Bank. Borrowings by the Fund are collateralized by (i) the personal property and other assets of the Fund (“Fund Secured Borrowings”) and (ii) up to the sum of the unfunded capital commitments of the Company’s investors, the rights of the Manager to such capital commitments (“Subscription Secured Borrowings”). In the event of default, the Manager's right to receive management fees from the Fund is subordinate to the liens of the lenders. Loans under the facility may be, at the option of the Fund, a Reference Rate Loan, a LIBOR Loan or a LIBOR Market Index Rate Loan. As of March 31, 2023, the Fund’s outstanding borrowings were LIBOR Market Index Rate Loans. The facility terminates on October 18, 2026, but can be accelerated in the event of default, such as the failure by the Fund to make timely interest or principal payments. The Fund pays interest on its borrowings and a fee on the unused portion of the facility. Under the Loan Agreement, the Fund Secured Borrowings under the facility, at the Fund’s discretion, will bear interest at an annual rate of either (i) the Reference Rate plus 1.50%,(ii) LIBOR Basis plus 2.50% or (iii) the LIBOR Market Index Rate plus 2.50%. The Subscription Secured Borrowings under the facility, at the Fund’s discretion, will bear interest at an annual rate of either (i) the Reference Rate plus 0.75%, (ii) LIBOR Basis plus 1.75% or (iii) the LIBOR Market Index Rate plus 1.75%. When the Fund is using 50% or more of the maximum amount available under the Loan Agreement, the applicable commitment fee is 0.25% of the unused portion of the loan facility; otherwise, the applicable commitment fee is 0.50% of the unused portion. The Fund pays the unused credit line fee quarterly. As of March 31, 2023 and December 31, 2022, $166.5 million and $165.5 million, respectively, was outstanding under the facility. As of March 31, 2023, the LIBOR rate was as follows: 1-Month LIBOR 4.8577 % 3-Month LIBOR 5.1927 % Bank fees and other costs of $2.2 million incurred in connection with the acquisition and amendment of the facility have been capitalized and are amortized to interest expense on a straight-line basis over the expected life of the facility. As of March 31, 2023 and December 31, 2022, the remaining unamortized fees and costs of $1.5 million and $1.6 million, respectively, are being amortized over the expected life of the facility, which is expected to terminate on October 18, 2026. The facility is revolving and as such does not have a specified repayment schedule, although advances are secured by the assets of the Fund and thus repayments will be required as assets decline. The facility contains various covenants including financial covenants related to: (i) minimum debt service coverage ratio, (ii) interest coverage ratio, (iii) unfunded commitment ratio, (iv) maximum quarterly loan loss reserve ratio, (v) maximum annual loan loss reserve ratio and (vi) maximum loan loss test. There are also various restrictive covenants, including limitations on: (i) the incurrence of liens, (ii) consolidations, mergers and asset sales and (iii) capital expenditures. As of March 31, 2023 and December 31, 2022, Management is not aware of instances of non-compliance with financial covenants. The following is the summary of the outstanding facility draws as of March 31, 2023: Amount Maturity Date All-In Interest Rate (a) LIBOR Market Index Rate Loan $ 166,500,000 October 18, 2026 Variable based on 1-Month LIBOR rate Total Outstanding $ 166,500,000 (a) Inclusive of 2.054% applicable LIBOR margin plus LIBOR rate. The following is the summary of the outstanding facility draws as of December 31, 2022: Amount Maturity Date All-In Interest Rate (a) LIBOR Market Index Rate Loan $ 165,500,000 October 18, 2026 Variable based on 1-Month LIBOR rate Total Outstanding $ 165,500,000 (a) Inclusive of 2.003% applicable LIBOR margin plus LIBOR rate.

MANAGEMENT FEE

MANAGEMENT FEE	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
MANAGEMENT FEE	MANAGEMENT FEE On October 13, 2022, in connection with the Transaction, the Fund entered into a new investment management agreement (the “Current Agreement”), by and between the Fund and the Manager, that replaced the previous investment management agreement entered into between the Fund and the Manager (the “Previous Agreement”). The closing of the Transaction constituted a change of control of the Manager which caused the Previous Agreement to terminate. Significant terms of the Current Agreement are the same as those of the Previous Agreement, including the fee rates described below. As compensation for its services to the Fund, the Manager, commencing when capital is first called from the members of the Company, will receive an investment management fee from the Fund (the “Management Fee”). The aggregate annual amount of Management Fee for each annual period (which will be comprised of four whole fiscal quarters and which, in the case of the first year, will commence on the first day of the first fiscal quarter commencing on or following the first capital commitment, and will be calculated as a percentage of committed capital, is as follows: Management Fee Year 1 1.575% Year 2 1.600% Year 3 1.575% Year 4 1.500% Year 5 1.250% Year 6 0.900% Year 7 0.600% Year 8 0.350% Year 9 0.150% There will be no Management Fee payable after the ninth-year anniversary of the first capital contribution date. For the three months ended March 31, 2023 and 2022, Management fees was calculated at 1.600% and 1.575% of the Company's committed capital, respectively. Management Fees of $2.0 million was

TAX STATUS

TAX STATUS	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
TAX STATUS	TAX STATUS The Fund has elected to be treated as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986 (the "Code") and operates in a manner to qualify for the tax treatment applicable to RICs. Failing to maintain at least 70% of total assets in "qualifying assets" will result in the loss of BDC status, resulting in losing its favorable tax treatment as a RIC. As of March 31, 2023, the Fund has met the BDC and RIC requirements. The Fund elected to be treated for federal income tax purposes as a RIC under the Code with the filing of its federal income tax return for 2022. In order to qualify for favorable tax treatment as a RIC, the Fund is required to distribute annually to its shareholder at least 90% of its investment company taxable income, as defined by the Code. To avoid federal excise taxes, the Fund must distribute annually at least 98% of its ordinary income and 98.2% of net capital gains from the current year and any undistributed ordinary income and net capital gains from the preceding years. The Fund, at its discretion, may carry forward taxable income in excess of calendar year distributions and pay a 4% excise tax on this income. If the Fund chooses to do so, all other things being equal, this would increase expenses and reduce the amount available to be distributed to its shareholder. The Fund will accrue excise tax on estimated undistributed taxable income as required. Below are tables summarizing the cost of investments for federal income tax purposes and the appreciation and depreciation of the investments reported on the Condensed Schedules of Investments and Condensed Statements of Assets and Liabilities as of March 31, 2023 and December 31, 2022: As of March 31, 2023 Asset Cost Unrealized Appreciation Unrealized Depreciation Net Appreciation (Depreciation) Loans $ 306,937,448 $ — $ (6,744,907) $ (6,744,907) Total $ 306,937,448 $ — $ (6,744,907) $ (6,744,907) As of December 31, 2022 Asset Cost Unrealized Appreciation Unrealized Depreciation Net Appreciation (Depreciation) Loans $ 274,140,378 $ — $ (5,641,406) $ (5,641,406) Total $ 274,140,378 $ — $ (5,641,406) $ (5,641,406) Dividends from net investment income and distributions from net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined in accordance with U.S. GAAP. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in-capital or accumulated net realized gain (loss), as appropriate, in the period that the differences arise. Temporary and permanent differences are primarily attributable to differences in the tax treatment of certain loans and the tax characterization of income and non- deductible expenses. These differences are generally determined in conjunction with the preparation of the Fund’s annual RIC tax return. Book and tax basis differences relating to shareholder dividends and distributions and other permanent book and tax differences are reclassified among the Fund’s capital accounts. In addition, the character of income and gains to be distributed is determined in accordance with income tax regulations that may differ from U.S. GAAP. The determination of the tax attributes of the Fund’s distributions is made annually as of the end of the Fund’s taxable year and is generally based upon its taxable income for the full taxable year and distributions paid for the full taxable year. As a result, a determination made on a quarterly basis may not be representative of the actual tax attributes of the Fund’s distributions for a full taxable year. As of March 31, 2023, the Fund had determined the tax attributes of its distributions taxable year-to-date to be from its current and accumulated earnings and profits. There is not yet, however, certainty as to what the actual tax attributes of the Fund’s distributions to the shareholders will be by the year-ending December 31, 2023. The Fund anticipates distributing all distributable earnings by the end of the year. The Fund may pay distributions in excess of its taxable net investment income. This excess would be a tax-free return of capital in the period and reduce the shareholder’s tax basis in its shares. The Fund’s tax returns remain open for examination by the federal government for a period of three years and California tax authorities for a period of four years from when they are filed. As of March 31, 2023, the Fund had no uncertain tax positions and no capital loss carryforwards.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Unexpired Unfunded Commitments As of March 31, 2023 and December 31, 2022, the Fund’s unexpired unfunded commitments to borrowers totaled $95.0 million and $88.8 million, respectively. Because venture loans are privately negotiated transactions, investments in these assets are relatively illiquid. It is the Manager’s experience that not all unexpired unfunded commitments will be used by the borrowers. Many credit agreements contain provisions which are milestone dependent and not all borrowers will achieve these milestones. Additionally, the Fund’s credit agreements contain provisions that give relief from funding obligations in the event the borrower has a material adverse change to its financial condition. Therefore, the unexpired unfunded commitments do not necessarily reflect future cash requirements or future investments for the Fund. The tables below are the Fund’s unexpired unfunded commitments as of March 31, 2023 and December 31, 2022: Borrower Industry Unexpired Unfunded Commitment as of March 31, 2023 Expiration Date Abacum Inc. Software $ 3,000,000 12/31/23 AL Services Other Technology 1,250,000 09/30/23 BlueCart, Inc. Software 250,000 04/30/23 CornerUp, Inc. Other Technology 1,000,000 06/30/23 Fanimal, Inc. Other Technology 625,000 12/31/23 FutureProof Technologies, Inc. Software 1,250,000 07/31/23 GoForward, Inc. Other Healthcare 30,000,000 12/31/26 Heading Health Inc. Other Technology 750,000 06/30/23 Hoken Holdings Inc. Software 625,000 07/31/23 Julie Products Inc. Other Healthcare 375,000 06/30/23 Juvo Mobile, Inc. Wireless 1,000,000 06/30/23 KBS, Inc. Other Healthcare 500,000 05/30/23 LendTable Inc. Other Technology 1,500,000 07/31/23 Logistech Solutions Pte. Ltd. Other Technology 2,500,000 05/31/23 Mazen Animal Health Inc. Biotechnology 4,000,000 05/15/23 Miami Labs, Inc. Internet 7,500,000 06/30/23 Parkoursc, Inc. Software 2,000,000 05/31/23 Platform Science, Inc. Other Technology 5,000,000 09/30/23 Realm Living, Inc. Internet 1,000,000 07/31/23 Romaine Empire, Inc. Other Technology 3,000,000 04/30/23 Scaleup Finance Group ApS Software 1,250,000 07/31/23 SISU Aesthetics Clinic, Inc. Other Technology 750,000 06/30/23 Snoqualmie, Inc. Other Healthcare 1,750,000 09/15/23 Supplant, Inc. Other Technology 1,000,000 07/31/23 Swiftly Systems, Inc. Software 20,000,000 01/31/24 Techspert.IO Limited Technology Services 1,750,000 10/31/23 TLNT Inc. Other Technology 625,000 07/31/23 Virtuix Holdings, Inc. Other Technology 500,000 05/31/23 Yuva Biosciences, Inc. Other Healthcare 250,000 07/31/23 Total $ 95,000,000 Borrower Industry Unexpired Unfunded Commitment as of December 31, 2022 Expiration Date Abacum Inc. Software $ 3,000,000 12/31/23 Airspeed, Inc. Other Technology 625,000 03/31/23 AL Services Other Technology 1,250,000 05/31/23 Azumo, Inc. Other Technology 1,000,000 03/31/23 Bankroll Club, LLC Other Technology 1,000,000 01/31/23 Bryte, Inc. Other Technology 2,500,000 01/31/23 Canopy Technology Corp. Software 1,000,000 02/28/23 CornerUp, Inc. Other Technology 1,000,000 06/30/23 Borrower Industry Unexpired Unfunded Commitment as of December 31, 2022 Expiration Date Creoate Limited Other Technology 500,000 03/31/23 EasyKnock, Inc. Other Technology 2,500,000 01/31/23 Fanimal, Inc. Other Technology 625,000 12/31/23 Form Remodel, Inc. Software 500,000 01/31/23 FutureProof Technologies, Inc. Software 1,250,000 07/31/23 Grayce, Inc. Other Healthcare 750,000 03/31/23 Heading Health Inc. Other Technology 750,000 06/30/23 Hoken Holdings Inc. Software 625,000 07/31/23 Holo, Inc. Other Technology 500,000 01/15/23 iLearningEngines Inc. Technology Services 2,500,000 01/31/23 Julie Products Inc. Other Healthcare 750,000 06/30/23 Juvo Mobile, Inc. Wireless 1,000,000 03/31/23 KBS, Inc. Other Healthcare 500,000 05/30/23 LendTable Inc. Other Technology 1,500,000 07/31/23 Literati, Inc. Other Technology 2,500,000 03/31/23 Logistech Solutions Pte. Ltd. Other Technology 3,500,000 05/31/23 Miami Labs, Inc. Internet 7,500,000 06/30/23 Nue Life Health, Inc. Other Technology 2,500,000 01/31/23 Open Inc. Other Healthcare 500,000 01/31/23 Overalls, Inc. Software 500,000 03/31/23 Plant Prefab, Inc. Other Technology 1,500,000 03/31/23 PlantBaby, inc. Other Technology 125,000 01/31/23 Platform Science, Inc. Other Technology 5,000,000 09/30/23 Rise Gardens, Inc. Other Technology 500,000 02/28/23 Romaine Empire, Inc. Other Technology 3,000,000 04/30/23 SISU Aesthetics Clinic, Inc. Other Technology 1,500,000 06/30/23 Snoqualmie, Inc. Other Healthcare 1,750,000 09/15/23 Supplant, Inc. Other Technology 1,000,000 07/31/23 Swiftly Systems, Inc. Software 20,000,000 01/31/24 TheSquareFoot, Inc. Other Technology 1,200,000 03/31/23 TLNT Inc. Other Technology 625,000 04/30/23 Ukko Inc. Biotechnology 2,500,000 03/31/23 Vinvesto, Inc. Internet 500,000 02/28/23 Virtuix Holdings, Inc. Other Technology 500,000 05/31/23 Yuva Biosciences, Inc. Other Healthcare 250,000 07/31/23 Zimeno Inc. Other Technology 6,250,000 01/29/23 Total $ 88,825,000 Contingencies In the normal course of business, the Manager may enter into certain contracts, on behalf of the Fund, that contain a variety of indemnifications. The Fund’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made that have not yet occurred. Currently, no such claims exist or are expected to arise and, accordingly, the Fund has not accrued any liability in connection with such indemnifications.

FINANCIAL HIGHLIGHTS

FINANCIAL HIGHLIGHTS	3 Months Ended
	Mar. 31, 2023
Investment Company [Abstract]
FINANCIAL HIGHLIGHTS	FINANCIAL HIGHLIGHTS U.S. GAAP requires disclosure of financial highlights of the Fund for the three months ended March 31, 2023 and 2022. The total rate of return is defined as the return based on the change in value during the period of a theoretical investment made at the beginning of the period. The total rate of return assumes a constant rate of return for the Fund during the period reported and weights each cash flow by the amount of time held in the Fund. This required methodology differs from an internal rate of return. The ratios of expenses and net investment income to average net assets, calculated below, are annualized and are computed based upon the aggregate weighted average net assets of the Fund for the periods presented. Net investment income is inclusive of all investment income, net of expenses and excludes realized or unrealized gains and losses. Beginning and ending net asset values per share are based on the beginning and ending number of shares outstanding. Other per share information is calculated based upon the aggregate weighted average net assets of the Fund for the periods presented. The following per share data and ratios have been derived from the information provided in the financial statements. For the Three Months Ended March 31, 2023 For the Three Months Ended March 31, 2022 Total return** 4.83 % 2.69 % Per share amounts: Net asset value, beginning of period $ 1,137.31 $ 359.85 Net investment income 71.07 14.29 Net change in unrealized loss from loans (11.04) — Net increase in net assets resulting from operations 60.03 14.29 Distributions of income to shareholder (46.41) (14.29) Return of capital to shareholder — (36.21) Contributions from shareholder 385.00 350.00 Net asset value, end of period $ 1,535.93 $ 673.64 Net assets, end of period $ 153,592,724 $ 67,364,474 Ratios to average net assets: Expenses* 15.94 % 20.37 % Net investment income* 22.15 % 10.56 % Portfolio turnover rate — % — % Average debt outstanding $ 169,875,000 $ 68,000,000.00 *Annualized. ** Total return amounts presented above are not annualized.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS    The Fund evaluated subsequent events through the date of this Quarterly Report on Form 10-Q and determined that no subsequent events had occurred that would require accrual or disclosure in the financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Accounting	Basis of Accounting and Use of Estimates    The preparation of financial statements in conformity with U.S. GAAP requires Management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. As an investment company, the Fund follows accounting and reporting guidance as set forth in Topic 946 (“Financial Services - Investment Companies”) of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification, as amended (“ASC”).
Use of Estimates	Basis of Accounting and Use of Estimates    The preparation of financial statements in conformity with U.S. GAAP requires Management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. As an investment company, the Fund follows accounting and reporting guidance as set forth in Topic 946 (“Financial Services - Investment Companies”) of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification, as amended (“ASC”).
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand and money market mutual funds with maturities of or the ability to redeem or liquidate holdings within 90 days or less. Cash and cash equivalents are held in two bank accounts with two financial institutions, Mitsubishi UFJ Financial Group, Inc. ("MUFG Bank") and U.S. Bank National Association ("US Bank"), and as a result are subject to custodial concentration risk for cash and cash equivalents. Cash held at US Bank in excess of the Federal Deposit Insurance Corporation (“FDIC”) limit of $250,000 and cash held at MUFG Bank are unsecured.
Interest Income	Interest Income Interest income on loans is recognized on an accrual basis using the effective interest method including amounts resulting from the accretion of discount on loans included as additional compensation as part of the loan agreements. Additionally, fees received as part of the transaction are added to the loan discount and accreted over the life of the loan.
Realized Gains and Losses from Loans	Realized Gains and Losses from Loans    Realized gains or losses on the sale of loans are computed using the difference between the amortized cost and the sales proceeds. Realized losses on loan write-offs are recognized when management determines a loan is uncollectible.
Investment Valuation	Investment Valuation The Fund accounts for loans for which market quotations are not readily available at fair value as determined in good faith by the Manager, who has been appointed as the Fund's valuation designee, pursuant to Rule 2a-5 under the 1940 Act. Subject to the oversight of the Fund's Board of Directors, all valuations are determined under the direction of the Manager, in accordance with the valuation methods described below and Rule 2a-5. As of March 31, 2023 and December 31, 2022, the financial statements included nonmarketable investments of $300.2 million and $268.5 million, respectively, (or 92.4% and 94.7% of total assets, respectively) with the fair values determined by the Manager in the absence of readily determinable market values. Because of the inherent uncertainty of these valuations, estimated fair values of such investments may differ significantly from the fair values that would have been used had a readily available market for the securities existed, and the differences could be material. Below is the information used by the Manager in making these estimates. Loans The Fund defines fair value as the price that would be received to sell an asset or paid to lower a liability in an orderly transaction between market participants at the measurement date. Because there is no readily available market price and no secondary market for substantially all of the debt investments made by the Fund in its borrowing portfolio companies, Management determines fair value based on hypothetical markets, and on several factors related to each borrower, including, but not limited to, the borrower’s payment history, available cash and “burn rate,” revenues, net income or loss, the likelihood that the borrower will be able to secure additional financing in the future, and an evaluation of the general interest rate environment. The amount of any valuation adjustment considers the estimated amount and timing of cash payments of principal and interest from the borrower and/or liquidation analysis and is determined based upon a credit analysis of the borrower and an analysis of the expected recovery from the borrower, including consideration of factors such as the nature and quality of the Fund’s security interests in collateral, the estimated fair value of the Fund’s collateral, the size of the loan, and the estimated time that will elapse before the Fund achieves a recovery. Management has evaluated these factors and has concluded that, the effect of deterioration in the quality of the underlying collateral, increase in size of the loan, increase in the estimated time to recovery and increase in the hypothetical market coupon rate would have the effect of lowering the fair value of the current portfolio of loans. Non-Accrual Loans The Fund’s policy is to classify a loan as non-accrual when the portfolio company is delinquent for three consecutive months on its monthly loan payment, or, in the opinion of Management, either ceases or drastically curtails its operations and Management deems that it is unlikely that the loan will return to performing status. When a loan is placed on non-accrual status, all interest previously accrued but not collected is reversed for the quarter in which the loan was placed on non-accrual status. Any uncollected interest related to quarters prior to when the loan was placed on non-accrual status is added to the principal balance, and the aggregate balance of the principal and interest is evaluated in accordance with the policy for valuation of loans in determining Management’s best estimate of fair value. Interest received by the Fund on non-accrual loans will be recognized as interest income if and when the proceeds exceed the book value of the respective loan. If a borrower of a non-accrual loan resumes making regular payments and Management believes that such borrower has regained the ability to service the loan on a sustainable basis, the loan is reclassified back to accrual or performing status. Interest that would have been accrued during the time a loan was classified as non-accrual will be added back to the remaining payment schedule causing a change in the effective interest rate. As of March 31, 2023 and December 31, 2022, loans with a cost basis of $6.4 million and $6.5 million and a fair value of $2.4 million and $2.9 million were classified as non-accrual. Warrants and Equity Securities Warrants and equity securities received in connection with loan transactions are measured at fair value at the time of acquisition. Warrants are valued based on a Black-Scholes option pricing model which considers, among several factors, the underlying stock value, expected term, volatility, and risk-free interest rate. It is anticipated that such securities will be distributed by the Fund to the Company simultaneously with, or shortly following, their acquisition. The underlying asset value is estimated based on available information. Volatility, or the amount of uncertainty or risk about the size of the changes in the warrant price, is based on an index of publicly traded companies grouped by industry and which are similar in nature to the underlying portfolio companies issuing the warrant (“Industry Index”). The volatility assumption for each Industry Index is based on the average volatility for individual public companies within the portfolio company’s industry for a period of time approximating the expected life of the warrants. A hypothetical increase in the volatility of the warrants used in the Black-Scholes option pricing model would have the effect of increasing the fair value of the warrants. The remaining expected lives of warrants are based on historical experience of the average life of the warrants, as warrants are often exercised in the event of acquisitions, mergers, or initial public offerings and terminated due to events such as bankruptcies, restructuring activities, or additional financings. These events cause the expected term to be less than the remaining contractual term of the warrants. As of March 31, 2023 and December 31, 2022, the Fund assumed the average duration of a warrant is 4.0 years. The effect of a hypothetical increase in the estimated initial term of the warrants used in the Black-Scholes option pricing model would have the effect of increasing the fair value of the warrants. However, the estimated initial term of the warrants is one factor, of many, used in the valuation of warrants, and by itself does not have a significant impact on the results of operations. The risk-free interest rate is derived from the constant maturity tables issued by the U.S. Treasury Department. The effect of a hypothetical increase in the estimated risk-free rate used in the Black-Scholes option pricing model would have the effect of increasing the fair value of the warrants.
Other Assets And Liabilities	Other Assets and Liabilities Other assets include costs incurred in conjunction with borrowings under the Fund's debt facility and are stated at initial cost. These costs are amortized over the term of the facility. The fair values of other assets and accrued liabilities are estimated at their carrying values because of the short-term nature of these assets and liabilities. The carrying value of the borrowings under the debt facility approximates their fair value based on the borrowing rates available to the Fund.
Deferred Debt Facility Fees	Deferred Debt Facility Fees The deferred debt facility fees and costs associated with the debt facility are included in Other assets in the Condensed Statements of Assets and Liabilities and are being amortized over the estimated life of the facility, which currently matures on October 18, 2026. The amortization of these costs is recorded as interest expense in the Condensed Statements of Operations.
Commitment Fees	Commitment Fees Unearned income and commitment fees on loans are recognized using the effective-interest method over the term of the loan. Commitment fees are carried as liabilities when received for commitments upon which no draws have been made. When the first draw is made, the fee is treated as unearned income and is recognized as described above. If a draw is never made, the forfeited commitment fee less any applicable legal costs becomes recognized as other income after the commitment expires.
Earnings per Share	Basic earnings per share are computed by dividing net increase (decrease) in net assets resulting from operations by the weighted average common shares outstanding. Diluted earnings (loss) per share are computed by dividing net increase (decrease) in net assets resulting from operations by the weighted average common shares outstanding, including the dilutive effects of potential common shares (e.g., stock options). The Fund has no instruments that would be potential common shares; thus, reported basic and diluted earnings (loss) per share are the same.
Tax Status	The Fund has elected to be treated as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986 (the "Code") and operates in a manner to qualify for the tax treatment applicable to RICs. Failing to maintain at least 70% of total assets in "qualifying assets" will result in the loss of BDC status, resulting in losing its favorable tax treatment as a RIC. As of March 31, 2023, the Fund has met the BDC and RIC requirements. The Fund elected to be treated for federal income tax purposes as a RIC under the Code with the filing of its federal income tax return for 2022. In order to qualify for favorable tax treatment as a RIC, the Fund is required to distribute annually to its shareholder at least 90% of its investment company taxable income, as defined by the Code. To avoid federal excise taxes, the Fund must distribute annually at least 98% of its ordinary income and 98.2% of net capital gains from the current year and any undistributed ordinary income and net capital gains from the preceding years. The Fund, at its discretion, may carry forward taxable income in excess of calendar year distributions and pay a 4% excise tax on this income. If the Fund chooses to do so, all other things being equal, this would increase expenses and reduce the amount available to be distributed to its shareholder. The Fund will accrue excise tax on estimated undistributed taxable income as required. Book and tax basis differences relating to shareholder dividends and distributions and other permanent book and tax differences are reclassified among the Fund’s capital accounts. In addition, the character of income and gains to be distributed is determined in accordance with income tax regulations that may differ from U.S. GAAP. The determination of the tax attributes of the Fund’s distributions is made annually as of the end of the Fund’s taxable year and is generally based upon its taxable income for the full taxable year and distributions paid for the full taxable year. As a result, a determination made on a quarterly basis may not be representative of the actual tax attributes of the Fund’s distributions for a full taxable year. As of March 31, 2023, the Fund had determined the tax attributes of its distributions taxable year-to-date to be from its current and accumulated earnings and profits. There is not yet, however, certainty as to what the actual tax attributes of the Fund’s distributions to the shareholders will be by the year-ending December 31, 2023. The Fund anticipates distributing all distributable earnings by the end of the year. The Fund may pay distributions in excess of its taxable net investment income. This excess would be a tax-free return of capital in the period and reduce the shareholder’s tax basis in its shares.

FAIR VALUE DISCLOSURES (Tables)

FAIR VALUE DISCLOSURES (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Weighted Average Interest Rate of Performing and All Loans	The following tables below shows the weighted average interest rate of the performing loans and all loans: Performing Loans For the Three Months Ended March 31, 2023 For the Three Months Ended March 31, 2022 Weighted-Average Interest Rate - Cash 13.86 % 12.10 % Weighted-Average Interest Rate - Non-Cash 3.48 % 4.09 % Weighted-Average Interest Rate 17.34 % 16.19 % All Loans For the Three Months Ended March 31, 2023 For the Three Months Ended March 31, 2022 Weighted-Average Interest Rate - Cash 13.74 % 12.10 % Weighted-Average Interest Rate - Non-Cash 3.44 % 4.09 % Weighted-Average Interest Rate 17.18 % 16.19 %
Schedule of Fair Value Measurement Inputs and Valuation Techniques	The following tables provide quantitative information about the Fund’s Level 3 fair value measurements of the Fund’s investments by industry as of March 31, 2023 and December 31, 2022. In addition to the techniques and inputs noted in the tables below, the Fund may also use other valuation techniques and methodologies when determining its fair value measurements. Investment Type - Level 3 Loan Investments Fair Values at March 31, 2023 Valuation Techniques / Methodologies Unobservable Input Range Weighted Average (a) Biotechnology $ 7,717,059 Hypothetical market analysis Hypothetical market coupon rate 15% - 18% 17% Computers & Storage 2,662,232 Hypothetical market analysis Hypothetical market coupon rate * 15% Internet 32,298,411 Hypothetical market analysis Hypothetical market coupon rate 13%- 31% 16% Asset Recovery Probability weighting of alternative outcomes 100%* Medical Devices 724,740 Hypothetical market analysis Hypothetical market coupon rate * 13% Other Healthcare 25,152,599 Hypothetical market analysis Hypothetical market coupon rate 13% - 22% 19% Other Technology 123,686,952 Hypothetical market analysis Hypothetical market coupon rate 13%- 25% 16% Asset Recovery Probability weighting of alternative outcomes 5% -100%^ Security 4,064,501 Hypothetical market analysis Hypothetical market coupon rate 13% - 16% 13% Semiconductors & Equipment 5,241,979 Hypothetical market analysis Hypothetical market coupon rate * 15% Software 79,958,146 Hypothetical market analysis Hypothetical market coupon rate 13%- 23% 16% Asset Recovery Probability weighting of alternative outcomes 10% - 80%** Technology Services 17,278,483 Hypothetical market analysis Hypothetical market coupon rate 16%- 25% 21% Asset Recovery Probability weighting of alternative outcomes 20% - 40% ** Wireless 1,407,439 Hypothetical market analysis Hypothetical market coupon rate * 15% Total Loan Investments $ 300,192,541 (a) The weighted-average hypothetical market coupon rates were calculated using the relative fair value of the loans. * There is no range for this industry as there is only one loan. ^ Probability weightings vary among portfolio companies within each industry based on different potential future outcomes. ** There is only one loan in the industry. Investment Type - Level 3 Loan Investments Fair Value at December 31, 2022 Valuation Techniques / Methodologies Unobservable Input Range Weighted Average (a) Biotechnology $ 7,664,060 Hypothetical market analysis Hypothetical market coupon rate 16% - 18 17% Computers & Storage 2,648,897 Hypothetical market analysis Hypothetical market coupon rate * 16% Internet 28,419,808 Hypothetical market analysis Hypothetical market coupon rate 13% - 31% 17% Asset Recovery Probability weighting of alternative outcomes 100%** Medical Devices 721,020 Hypothetical market analysis Hypothetical market coupon rate * 14% Other Healthcare 7,217,996 Hypothetical market analysis Hypothetical market coupon rate 14% - 22% 17% Other Technology 117,101,952 Hypothetical market analysis Hypothetical market coupon rate 14% - 37% 17% Asset Recovery Probability weighting of alternative outcomes 5% - 90% ^ Security 4,070,691 Hypothetical market analysis Hypothetical market coupon rate 13% - 16% 14% Semiconductors & Equipment 5,666,400 Hypothetical market analysis Hypothetical market coupon rate * 15% Software 80,882,144 Hypothetical market analysis Hypothetical market coupon rate 13% -23% 16% Asset Recovery Probability weighting of alternative outcomes 10% -80% **^ Technology Services 12,707,332 Hypothetical market analysis Hypothetical market coupon rate 16% - 31% 22% Asset Recovery Probability weighting of alternative outcomes 25%** Wireless 1,398,672 Hypothetical market analysis Hypothetical market coupon rate * 16% Total Loan Investments $ 268,498,972 (a) The weighted-average hypothetical market coupon rates were calculated using the relative fair value of the loans. ^ Probability weightings vary among portfolio companies within each industry based on different potential future outcomes. * There is no range for this industry as there is only one loan. ** There is only one loan within the industry.
Assets and Liabilities Measured At Fair Value On Recurring Basis	The following tables present the balances of assets and liabilities as of March 31, 2023 and December 31, 2022 measured at fair value on a recurring basis. As of March 31, 2023 ASSETS: Level 1 Level 2 Level 3 Total Loans † $ — $ — $ 300,192,541 $ 300,192,541 Cash equivalents 18,541,460 — — 18,541,460 Total assets $ 18,541,460 $ — $ 300,192,541 $ 318,734,001 LIABILITIES: Level 1 Level 2 Level 3 Total Borrowings under debt facility $ — $ 166,500,000 $ — $ 166,500,000 Total liabilities $ — $ 166,500,000 $ — $ 166,500,000 † For a detailed listing of borrowers comprising this amount, please refer to the Condensed Schedule of Investments. As of December 31, 2022 ASSETS: Level 1 Level 2 Level 3 Total Loans † $ — $ — $ 268,498,972 $ 268,498,972 Cash equivalents 9,307,275 — — 9,307,275 Total assets $ 9,307,275 $ — $ 268,498,972 $ 277,806,247 LIABILITIES: Level 1 Level 2 Level 3 Total Borrowings under debt facility $ — $ 165,500,000 $ — $ 165,500,000 Total liabilities $ — $ 165,500,000 $ — $ 165,500,000 † For a detailed listing of borrowers comprising this amount, please refer to the Condensed Schedule of Investments.
Summary of Changes in Level 3 Assets Measured At Fair Value on Recurring Basis	The following table provides a summary of changes in Level 3 assets measured at fair value on a recurring basis: For the Three Months Ended March 31, 2023 For the Three Months Ended March 31, 2022 Loans Warrants Loans Warrants Beginning balance $ 268,498,972 $ — $ 74,498,626 $ — Acquisitions and originations 47,500,000 4,641,222 71,975,000 5,048,953 Principal payments on loans, net of accretion (14,702,930) — (5,029,176) — Distributions to shareholder — (4,641,222) — — Net change in unrealized loss from loans (1,103,501) — — (5,048,953) Ending balance $ 300,192,541 $ — $ 141,444,450 $ — Net change in unrealized loss from loans still held at March 31, 2023 and 2022 $ (1,103,501) $ — $ — $ —

CAPITAL STOCK (Tables)

CAPITAL STOCK (Tables)	3 Months Ended
	Mar. 31, 2023
Stockholders' Equity Note [Abstract]
Distributions of Capital Stock	The chart below shows the distributions of the Fund for the three months ended March 31, 2023 and 2022. For the Three Months Ended March 31, 2023 For the Three Months Ended March 31, 2022 Distributions of equity securities $ (4,641,222) $ (5,048,953) Total distributions to shareholder $ (4,641,222) $ (5,048,953)

DEBT FACILITY (Tables)

DEBT FACILITY (Tables)	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
LIBOR Rate	As of March 31, 2023, the LIBOR rate was as follows: 1-Month LIBOR 4.8577 % 3-Month LIBOR 5.1927 %
Summary of the Outstanding Facility Draws	The following is the summary of the outstanding facility draws as of March 31, 2023: Amount Maturity Date All-In Interest Rate (a) LIBOR Market Index Rate Loan $ 166,500,000 October 18, 2026 Variable based on 1-Month LIBOR rate Total Outstanding $ 166,500,000 (a) Inclusive of 2.054% applicable LIBOR margin plus LIBOR rate. The following is the summary of the outstanding facility draws as of December 31, 2022: Amount Maturity Date All-In Interest Rate (a) LIBOR Market Index Rate Loan $ 165,500,000 October 18, 2026 Variable based on 1-Month LIBOR rate Total Outstanding $ 165,500,000 (a) Inclusive of 2.003% applicable LIBOR margin plus LIBOR rate.

MANAGEMENT FEE (Tables)

MANAGEMENT FEE (Tables)	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Management Fees	The aggregate annual amount of Management Fee for each annual period (which will be comprised of four whole fiscal quarters and which, in the case of the first year, will commence on the first day of the first fiscal quarter commencing on or following the first capital commitment, and will be calculated as a percentage of committed capital, is as follows: Management Fee Year 1 1.575% Year 2 1.600% Year 3 1.575% Year 4 1.500% Year 5 1.250% Year 6 0.900% Year 7 0.600% Year 8 0.350% Year 9 0.150%

TAX STATUS (Tables)

TAX STATUS (Tables)	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Cost of Investments for Federal Income Tax Purposes and Appreciation (Depreciation) of Investments	Below are tables summarizing the cost of investments for federal income tax purposes and the appreciation and depreciation of the investments reported on the Condensed Schedules of Investments and Condensed Statements of Assets and Liabilities as of March 31, 2023 and December 31, 2022: As of March 31, 2023 Asset Cost Unrealized Appreciation Unrealized Depreciation Net Appreciation (Depreciation) Loans $ 306,937,448 $ — $ (6,744,907) $ (6,744,907) Total $ 306,937,448 $ — $ (6,744,907) $ (6,744,907) As of December 31, 2022 Asset Cost Unrealized Appreciation Unrealized Depreciation Net Appreciation (Depreciation) Loans $ 274,140,378 $ — $ (5,641,406) $ (5,641,406) Total $ 274,140,378 $ — $ (5,641,406) $ (5,641,406)

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Unexpired Unfunded Commitments	The tables below are the Fund’s unexpired unfunded commitments as of March 31, 2023 and December 31, 2022: Borrower Industry Unexpired Unfunded Commitment as of March 31, 2023 Expiration Date Abacum Inc. Software $ 3,000,000 12/31/23 AL Services Other Technology 1,250,000 09/30/23 BlueCart, Inc. Software 250,000 04/30/23 CornerUp, Inc. Other Technology 1,000,000 06/30/23 Fanimal, Inc. Other Technology 625,000 12/31/23 FutureProof Technologies, Inc. Software 1,250,000 07/31/23 GoForward, Inc. Other Healthcare 30,000,000 12/31/26 Heading Health Inc. Other Technology 750,000 06/30/23 Hoken Holdings Inc. Software 625,000 07/31/23 Julie Products Inc. Other Healthcare 375,000 06/30/23 Juvo Mobile, Inc. Wireless 1,000,000 06/30/23 KBS, Inc. Other Healthcare 500,000 05/30/23 LendTable Inc. Other Technology 1,500,000 07/31/23 Logistech Solutions Pte. Ltd. Other Technology 2,500,000 05/31/23 Mazen Animal Health Inc. Biotechnology 4,000,000 05/15/23 Miami Labs, Inc. Internet 7,500,000 06/30/23 Parkoursc, Inc. Software 2,000,000 05/31/23 Platform Science, Inc. Other Technology 5,000,000 09/30/23 Realm Living, Inc. Internet 1,000,000 07/31/23 Romaine Empire, Inc. Other Technology 3,000,000 04/30/23 Scaleup Finance Group ApS Software 1,250,000 07/31/23 SISU Aesthetics Clinic, Inc. Other Technology 750,000 06/30/23 Snoqualmie, Inc. Other Healthcare 1,750,000 09/15/23 Supplant, Inc. Other Technology 1,000,000 07/31/23 Swiftly Systems, Inc. Software 20,000,000 01/31/24 Techspert.IO Limited Technology Services 1,750,000 10/31/23 TLNT Inc. Other Technology 625,000 07/31/23 Virtuix Holdings, Inc. Other Technology 500,000 05/31/23 Yuva Biosciences, Inc. Other Healthcare 250,000 07/31/23 Total $ 95,000,000 Borrower Industry Unexpired Unfunded Commitment as of December 31, 2022 Expiration Date Abacum Inc. Software $ 3,000,000 12/31/23 Airspeed, Inc. Other Technology 625,000 03/31/23 AL Services Other Technology 1,250,000 05/31/23 Azumo, Inc. Other Technology 1,000,000 03/31/23 Bankroll Club, LLC Other Technology 1,000,000 01/31/23 Bryte, Inc. Other Technology 2,500,000 01/31/23 Canopy Technology Corp. Software 1,000,000 02/28/23 CornerUp, Inc. Other Technology 1,000,000 06/30/23 Borrower Industry Unexpired Unfunded Commitment as of December 31, 2022 Expiration Date Creoate Limited Other Technology 500,000 03/31/23 EasyKnock, Inc. Other Technology 2,500,000 01/31/23 Fanimal, Inc. Other Technology 625,000 12/31/23 Form Remodel, Inc. Software 500,000 01/31/23 FutureProof Technologies, Inc. Software 1,250,000 07/31/23 Grayce, Inc. Other Healthcare 750,000 03/31/23 Heading Health Inc. Other Technology 750,000 06/30/23 Hoken Holdings Inc. Software 625,000 07/31/23 Holo, Inc. Other Technology 500,000 01/15/23 iLearningEngines Inc. Technology Services 2,500,000 01/31/23 Julie Products Inc. Other Healthcare 750,000 06/30/23 Juvo Mobile, Inc. Wireless 1,000,000 03/31/23 KBS, Inc. Other Healthcare 500,000 05/30/23 LendTable Inc. Other Technology 1,500,000 07/31/23 Literati, Inc. Other Technology 2,500,000 03/31/23 Logistech Solutions Pte. Ltd. Other Technology 3,500,000 05/31/23 Miami Labs, Inc. Internet 7,500,000 06/30/23 Nue Life Health, Inc. Other Technology 2,500,000 01/31/23 Open Inc. Other Healthcare 500,000 01/31/23 Overalls, Inc. Software 500,000 03/31/23 Plant Prefab, Inc. Other Technology 1,500,000 03/31/23 PlantBaby, inc. Other Technology 125,000 01/31/23 Platform Science, Inc. Other Technology 5,000,000 09/30/23 Rise Gardens, Inc. Other Technology 500,000 02/28/23 Romaine Empire, Inc. Other Technology 3,000,000 04/30/23 SISU Aesthetics Clinic, Inc. Other Technology 1,500,000 06/30/23 Snoqualmie, Inc. Other Healthcare 1,750,000 09/15/23 Supplant, Inc. Other Technology 1,000,000 07/31/23 Swiftly Systems, Inc. Software 20,000,000 01/31/24 TheSquareFoot, Inc. Other Technology 1,200,000 03/31/23 TLNT Inc. Other Technology 625,000 04/30/23 Ukko Inc. Biotechnology 2,500,000 03/31/23 Vinvesto, Inc. Internet 500,000 02/28/23 Virtuix Holdings, Inc. Other Technology 500,000 05/31/23 Yuva Biosciences, Inc. Other Healthcare 250,000 07/31/23 Zimeno Inc. Other Technology 6,250,000 01/29/23 Total $ 88,825,000

FINANCIAL HIGHLIGHTS (Tables)

FINANCIAL HIGHLIGHTS (Tables)	3 Months Ended
	Mar. 31, 2023
Investment Company [Abstract]
Schedule of Financial Highlights	The following per share data and ratios have been derived from the information provided in the financial statements. For the Three Months Ended March 31, 2023 For the Three Months Ended March 31, 2022 Total return** 4.83 % 2.69 % Per share amounts: Net asset value, beginning of period $ 1,137.31 $ 359.85 Net investment income 71.07 14.29 Net change in unrealized loss from loans (11.04) — Net increase in net assets resulting from operations 60.03 14.29 Distributions of income to shareholder (46.41) (14.29) Return of capital to shareholder — (36.21) Contributions from shareholder 385.00 350.00 Net asset value, end of period $ 1,535.93 $ 673.64 Net assets, end of period $ 153,592,724 $ 67,364,474 Ratios to average net assets: Expenses* 15.94 % 20.37 % Net investment income* 22.15 % 10.56 % Portfolio turnover rate — % — % Average debt outstanding $ 169,875,000 $ 68,000,000.00 *Annualized. ** Total return amounts presented above are not annualized.

ORGANIZATION AND OPERATIONS O_2

ORGANIZATION AND OPERATIONS OF THE FUND (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended
	Oct. 31, 2020	Mar. 31, 2023	Dec. 31, 2022
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Investment Company, Regulated Status [true false]		true
Common stock, par value (in dollars per share)		$ 0.001	$ 0.001
WTI Fund X, LLC | WTI Fund X, Inc.
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership percentage		100%
WTI Fund X, Inc.
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of shares issued in sale (in shares)	100,000
Common stock, par value (in dollars per share)	$ 0.001
Proceeds from purchase of shares	$ 25

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2023 USD ($) bankAccount financialInstitution $ / shares shares		Dec. 31, 2022 USD ($) $ / shares shares
Summary of Investment Holdings [Line Items]
Investment Company, Accounting and Reporting under Topic 946 [true false]	true
Number of bank accounts | bankAccount	2
Number of financial institutions | financialInstitution	2
Percent of net assets, cash and cash equivalents	12.07%		8.37%
Cash			$ 209,635
Loans	$ 300,192,541	[1]	$ 268,498,972	[2]
Percent of assets	92.40%		94.70%
Loans with costs basis classified as non-accrual	$ 6,400,000		$ 6,500,000
Loans with fair value classified as non-accrual	$ 2,400,000		$ 2,900,000
Average duration of warrant (in years)	4 years		4 years
First American Government Obligations Fund
Summary of Investment Holdings [Line Items]
Issuance of shares (in dollars per share) | $ / shares	$ 1		$ 1
Yield	4.61%		4.06%
First American Government Obligations Fund | Capital Unit, Class Z
Summary of Investment Holdings [Line Items]
Shares issued in period (in shares) | shares	18,541,460		9,307,275
[1]There is no readily available market price or secondary market for the Fund’s loan investments, hence the Manager determines fair value of all loan investments presented in the Condensed Schedule of Investments based on a hypothetical market and the estimates may include the use of significant unobservable inputs.[2]There is no readily available market price or secondary market for the Fund’s loan investments, hence the Manager determines fair value of all loan investments presented in the Condensed Schedule of Investments based on a hypothetical market and the estimates may include the use of significant unobservable inputs.

FAIR VALUE DISCLOSURES - Weight

FAIR VALUE DISCLOSURES - Weighted Average Interest Rate of Performing and All Loans (Details) - Weighted Average	Mar. 31, 2023	Mar. 31, 2022
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Weighted-Average Interest Rate - Cash	13.74%	12.10%
Weighted-Average Interest Rate - Non-Cash	3.44%	4.09%
Weighted-Average Interest Rate	17.18%	16.19%
Performing Loans
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Weighted-Average Interest Rate - Cash	13.86%	12.10%
Weighted-Average Interest Rate - Non-Cash	3.48%	4.09%
Weighted-Average Interest Rate	17.34%	16.19%

FAIR VALUE DISCLOSURES - Narrat

FAIR VALUE DISCLOSURES - Narrative (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Unexpired unfunded commitments	$ 95,000,000	$ 88,825,000

FAIR VALUE DISCLOSURES - Schedu

FAIR VALUE DISCLOSURES - Schedule of Fair Value Measurement Inputs and Valuation Techniques (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2023 USD ($) loan		Dec. 31, 2022 USD ($) loan
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Values	$ 300,192,541	[1]	$ 268,498,972	[2]
Number of loans within the industry | loan	1		1
Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Values	$ 300,192,541		$ 268,498,972
Level 3 | Biotechnology | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Values	7,717,059		7,664,060
Level 3 | Computers & Storage | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Values	2,662,232		2,648,897
Level 3 | Internet | Hypothetical Market Analysis and Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Values	$ 32,298,411		$ 28,419,808
Level 3 | Internet | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	100		100
Level 3 | Medical Devices | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Values	$ 724,740		$ 721,020
Level 3 | Other Healthcare | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Values	25,152,599		7,217,996
Level 3 | Other Technology | Hypothetical Market Analysis and Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Values	123,686,952		117,101,952
Level 3 | Security | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Values	4,064,501		4,070,691
Level 3 | Semiconductors & Equipment | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Values	5,241,979		5,666,400
Level 3 | Software | Hypothetical Market Analysis and Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Values	79,958,146		80,882,144
Level 3 | Technology Services | Hypothetical Market Analysis and Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Values	17,278,483		$ 12,707,332
Level 3 | Technology Services | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input			25
Level 3 | Wireless | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Values	$ 1,407,439		$ 1,398,672
Minimum | Level 3 | Biotechnology | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.15		0.16
Minimum | Level 3 | Internet | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.13		0.13
Minimum | Level 3 | Other Healthcare | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.13		0.14
Minimum | Level 3 | Other Technology | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.13		0.14
Minimum | Level 3 | Other Technology | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.05		0.05
Minimum | Level 3 | Security | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.13		0.13
Minimum | Level 3 | Software | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.13		0.13
Minimum | Level 3 | Software | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.10		0.10
Minimum | Level 3 | Technology Services | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.16		0.16
Minimum | Level 3 | Technology Services | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.20
Maximum | Level 3 | Biotechnology | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.18		0.18
Maximum | Level 3 | Internet | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.31		0.31
Maximum | Level 3 | Other Healthcare | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.22		0.22
Maximum | Level 3 | Other Technology | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.25		0.37
Maximum | Level 3 | Other Technology | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	1		0.90
Maximum | Level 3 | Security | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.16		0.16
Maximum | Level 3 | Software | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.23		0.23
Maximum | Level 3 | Software | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.80		0.80
Maximum | Level 3 | Technology Services | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.25		0.31
Maximum | Level 3 | Technology Services | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.40
Weighted Average | Level 3 | Biotechnology | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.17		0.17
Weighted Average | Level 3 | Computers & Storage | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.15		0.16
Weighted Average | Level 3 | Internet | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.16		0.17
Weighted Average | Level 3 | Medical Devices | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.13		0.14
Weighted Average | Level 3 | Other Healthcare | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.19		0.17
Weighted Average | Level 3 | Other Technology | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.16		0.17
Weighted Average | Level 3 | Security | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.13		0.14
Weighted Average | Level 3 | Semiconductors & Equipment | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.15		0.15
Weighted Average | Level 3 | Software | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.16		0.16
Weighted Average | Level 3 | Technology Services | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.21		0.22
Weighted Average | Level 3 | Wireless | Hypothetical market coupon rate | Hypothetical market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.15		0.16
[1]There is no readily available market price or secondary market for the Fund’s loan investments, hence the Manager determines fair value of all loan investments presented in the Condensed Schedule of Investments based on a hypothetical market and the estimates may include the use of significant unobservable inputs.[2]There is no readily available market price or secondary market for the Fund’s loan investments, hence the Manager determines fair value of all loan investments presented in the Condensed Schedule of Investments based on a hypothetical market and the estimates may include the use of significant unobservable inputs.

FAIR VALUE DISCLOSURES - Assets

FAIR VALUE DISCLOSURES - Assets and Liabilities Measured At Fair Value On Recurring Basis (Details) - USD ($)	Mar. 31, 2023		Dec. 31, 2022
ASSETS:
Loans	$ 300,192,541	[1]	$ 268,498,972	[2]
Cash equivalents	18,541,460		9,307,275
Total assets	318,734,001		277,806,247
LIABILITIES:
Borrowings under debt facility	166,500,000		165,500,000
Total liabilities	166,500,000		165,500,000
Level 1
ASSETS:
Loans	0		0
Cash equivalents	18,541,460		9,307,275
Total assets	18,541,460		9,307,275
LIABILITIES:
Borrowings under debt facility	0		0
Total liabilities	0		0
Level 2
ASSETS:
Loans	0		0
Cash equivalents	0		0
Total assets	0		0
LIABILITIES:
Borrowings under debt facility	166,500,000		165,500,000
Total liabilities	166,500,000		165,500,000
Level 3
ASSETS:
Loans	300,192,541		268,498,972
Cash equivalents	0		0
Total assets	300,192,541		268,498,972
LIABILITIES:
Borrowings under debt facility	0		0
Total liabilities	$ 0		$ 0
[1]There is no readily available market price or secondary market for the Fund’s loan investments, hence the Manager determines fair value of all loan investments presented in the Condensed Schedule of Investments based on a hypothetical market and the estimates may include the use of significant unobservable inputs.[2]There is no readily available market price or secondary market for the Fund’s loan investments, hence the Manager determines fair value of all loan investments presented in the Condensed Schedule of Investments based on a hypothetical market and the estimates may include the use of significant unobservable inputs.

FAIR VALUE DISCLOSURES - Summar

FAIR VALUE DISCLOSURES - Summary of Changes in Level 3 Assets Measured At Fair Value on Recurring Basis (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 268,498,972	$ 74,498,626
Acquisitions and originations	47,500,000	71,975,000
Principal payments on loans, net of accretion and Distributions to shareholder	(14,702,930)	(5,029,176)
Ending balance	300,192,541	141,444,450
Loans | Net change in unrealized loss from loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized loss from loans	(1,103,501)
Loans | Net change in unrealized loss from loans relating to loans still held
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized loss from loans	(1,103,501)
Warrants
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	0	0
Acquisitions and originations	4,641,222	5,048,953
Principal payments on loans, net of accretion and Distributions to shareholder	(4,641,222)
Net change in unrealized loss from loans		(5,048,953)
Ending balance	$ 0	$ 0

CAPITAL STOCK - Narrative (Deta

CAPITAL STOCK - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Capital Unit [Line Items]
Shares authorized (in shares)	10,000,000	10,000,000
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Shares issued (in shares)	100,000	100,000
Shares of capital stock outstanding (in shares)	100,000	100,000
Contributions from shareholder	$ 500	$ 500
Contributed capital to shareholder	181	142.5
WTI Fund X, LLC
Capital Unit [Line Items]
Contributed capital to shareholder	$ 205	$ 160

CAPITAL STOCK - Distributions o

CAPITAL STOCK - Distributions of Capital Stock (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Stockholders' Equity Note [Abstract]
Total distributions to shareholder	$ (4,641,222)	$ (5,048,953)

DEBT FACILITY - Narrative (Deta

DEBT FACILITY - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022	Jan. 18, 2022	Dec. 17, 2021	Oct. 18, 2021
Debt Instrument [Line Items]
Asset coverage ratio	192%	168%
Borrowings under debt facility	$ 166,500,000	$ 165,500,000
Revolving Credit Facility | Loan Agreement | Line of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity				$ 250,000,000	$ 125,000,000
Higher borrowing capacity option					$ 375,000,000
Accordion feature, increase limit				125,000,000
Percentage of maximum amount available	50%
Borrowings under debt facility	$ 166,500,000	165,500,000
Bank fees and other costs				$ 2,200,000
Unamortized fees and costs	$ 1,500,000	$ 1,600,000
Revolving Credit Facility | Loan Agreement | Line of Credit | Minimum
Debt Instrument [Line Items]
Commitment fee percentage	0.25%
Revolving Credit Facility | Loan Agreement | Line of Credit | Maximum
Debt Instrument [Line Items]
Commitment fee percentage	0.50%
Revolving Credit Facility | Loan Agreement | Line of Credit | City National Bank
Debt Instrument [Line Items]
Maximum borrowing capacity			$ 30,000,000
Revolving Credit Facility | Loan Agreement | Line of Credit | Reference Rate | Variable Rate Component One
Debt Instrument [Line Items]
Basis spread on variable rate	1.50%
Revolving Credit Facility | Loan Agreement | Line of Credit | Reference Rate | Variable Rate Component Two
Debt Instrument [Line Items]
Basis spread on variable rate	0.75%
Revolving Credit Facility | Loan Agreement | Line of Credit | LIBOR Basis | Variable Rate Component One
Debt Instrument [Line Items]
Basis spread on variable rate	2.50%
Revolving Credit Facility | Loan Agreement | Line of Credit | LIBOR Basis | Variable Rate Component Two
Debt Instrument [Line Items]
Basis spread on variable rate	1.75%
Revolving Credit Facility | Loan Agreement | Line of Credit | LIBOR Market Index Rate | Variable Rate Component One
Debt Instrument [Line Items]
Basis spread on variable rate	2.50%
Revolving Credit Facility | Loan Agreement | Line of Credit | LIBOR Market Index Rate | Variable Rate Component Two
Debt Instrument [Line Items]
Basis spread on variable rate	1.75%

DEBT FACILITY - LIBOR Rate (Det

DEBT FACILITY - LIBOR Rate (Details) - Revolving Credit Facility - Loan Agreement - Line of Credit - London Interbank Offered Rate (LIBOR)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Basis spread on variable rate	2.054%	2.003%
Variable Rate Component One
Debt Instrument [Line Items]
Basis spread on variable rate	4.8577%
Variable Rate Component Two
Debt Instrument [Line Items]
Basis spread on variable rate	5.1927%

DEBT FACILITY - Summary of the

DEBT FACILITY - Summary of the Outstanding Facility Draws (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Borrowings under debt facility	$ 166,500,000	$ 165,500,000
Revolving Credit Facility | Loan Agreement | Line of Credit
Debt Instrument [Line Items]
Borrowings under debt facility	$ 166,500,000	$ 165,500,000
Revolving Credit Facility | Loan Agreement | Line of Credit | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate	2.054%	2.003%

MANAGEMENT FEE - Management Fee

MANAGEMENT FEE - Management Fees (Details)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Related Party Transaction [Line Items]
Management Fee	1.60%	1.575%
Year 1
Related Party Transaction [Line Items]
Management Fee	1.575%
Year 2
Related Party Transaction [Line Items]
Management Fee	1.60%
Year 3
Related Party Transaction [Line Items]
Management Fee	1.575%
Year 4
Related Party Transaction [Line Items]
Management Fee	1.50%
Year 5
Related Party Transaction [Line Items]
Management Fee	1.25%
Year 6
Related Party Transaction [Line Items]
Management Fee	0.90%
Year 7
Related Party Transaction [Line Items]
Management Fee	0.60%
Year 8
Related Party Transaction [Line Items]
Management Fee	0.35%
Year 9
Related Party Transaction [Line Items]
Management Fee	0.15%

MANAGEMENT FEE - Narrative (Det

MANAGEMENT FEE - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Management fee payable	$ 2,000,000		$ 2,000,000
Management fee rate	1.60%	1.575%
Management fees	$ 2,000,000	$ 1,968,750
Year 9
Related Party Transaction [Line Items]
Management fee payable	$ 0
Management fee rate	0.15%

TAX STATUS (Details)

TAX STATUS (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Cost	$ 306,937,448	$ 274,140,378
Unrealized Appreciation	0	0
Unrealized Depreciation	(6,744,907)	(5,641,406)
Net Appreciation (Depreciation)	$ (6,744,907)	$ (5,641,406)

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Narrative (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Unexpired unfunded commitments to borrowers	$ 95,000,000	$ 88,825,000

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Unexpired Unfunded Commitments (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	$ 95,000,000	$ 88,825,000
Investment, Identifier [Axis]: AL Services, Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,250,000	1,250,000
Investment, Identifier [Axis]: Abacum Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	3,000,000	3,000,000
Investment, Identifier [Axis]: Airspeed, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		625,000
Investment, Identifier [Axis]: Azumo, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		1,000,000
Investment, Identifier [Axis]: Bankroll Club, LLC, Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		1,000,000
Investment, Identifier [Axis]: BlueCart, Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	250,000
Investment, Identifier [Axis]: Bryte, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		2,500,000
Investment, Identifier [Axis]: Canopy Technology Corp., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		1,000,000
Investment, Identifier [Axis]: CornerUp, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,000,000	1,000,000
Investment, Identifier [Axis]: Creoate Limited, Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		500,000
Investment, Identifier [Axis]: EasyKnock, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		2,500,000
Investment, Identifier [Axis]: Fanimal, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	625,000	625,000
Investment, Identifier [Axis]: Form Remodel, Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		500,000
Investment, Identifier [Axis]: FutureProof Technologies, Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,250,000	1,250,000
Investment, Identifier [Axis]: GoForward, Inc., Other Healthcare
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	30,000,000
Investment, Identifier [Axis]: Grayce, Inc., Other Healthcare
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		750,000
Investment, Identifier [Axis]: Heading Health Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	750,000	750,000
Investment, Identifier [Axis]: Hoken Holdings Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	625,000	625,000
Investment, Identifier [Axis]: Holo, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		500,000
Investment, Identifier [Axis]: Julie Products Inc., Other Healthcare
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	375,000	750,000
Investment, Identifier [Axis]: Juvo Mobile, Inc., Wireless
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,000,000	1,000,000
Investment, Identifier [Axis]: KBS, Inc., Other Healthcare
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	500,000	500,000
Investment, Identifier [Axis]: LendTable Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,500,000	1,500,000
Investment, Identifier [Axis]: Literati, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		2,500,000
Investment, Identifier [Axis]: Logistech Solutions Pte. Ltd., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	2,500,000	3,500,000
Investment, Identifier [Axis]: Mazen Animal Health Inc., Biotechnology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	4,000,000
Investment, Identifier [Axis]: Miami Labs, Inc., Internet
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	7,500,000	7,500,000
Investment, Identifier [Axis]: Nue Life Health, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		2,500,000
Investment, Identifier [Axis]: Open Inc., Other Healthcare
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		500,000
Investment, Identifier [Axis]: Overalls, Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		500,000
Investment, Identifier [Axis]: Parkoursc, Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	2,000,000
Investment, Identifier [Axis]: Plant Prefab, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		1,500,000
Investment, Identifier [Axis]: PlantBaby, inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		125,000
Investment, Identifier [Axis]: Platform Science, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	5,000,000	5,000,000
Investment, Identifier [Axis]: Realm Living, Inc., Internet
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,000,000
Investment, Identifier [Axis]: Rise Gardens, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		500,000
Investment, Identifier [Axis]: Romaine Empire, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	3,000,000	3,000,000
Investment, Identifier [Axis]: SISU Aesthetics Clinic, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	750,000	1,500,000
Investment, Identifier [Axis]: Scaleup Finance Group ApS, Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,250,000
Investment, Identifier [Axis]: Snoqualmie, Inc., Other Healthcare
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,750,000	1,750,000
Investment, Identifier [Axis]: Supplant, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,000,000	1,000,000
Investment, Identifier [Axis]: Swiftly Systems, Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	20,000,000	20,000,000
Investment, Identifier [Axis]: TLNT Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	625,000	625,000
Investment, Identifier [Axis]: Techspert.IO Limited, Technology Services
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,750,000
Investment, Identifier [Axis]: TheSquareFoot, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		1,200,000
Investment, Identifier [Axis]: Ukko Inc., Biotechnology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		2,500,000
Investment, Identifier [Axis]: Vinvesto, Inc., Internet
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		500,000
Investment, Identifier [Axis]: Virtuix Holdings, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	500,000	500,000
Investment, Identifier [Axis]: Yuva Biosciences, Inc., Other Healthcare
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	$ 250,000	250,000
Investment, Identifier [Axis]: Zimeno Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		6,250,000
Investment, Identifier [Axis]: iLearningEngines Inc., Technology Services
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		$ 2,500,000

FINANCIAL HIGHLIGHTS (Details)

FINANCIAL HIGHLIGHTS (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Investment Company [Abstract]
Total return	4.83%	2.69%
Per share amounts:
Net asset value, beginning of period (in dollars per share)	$ 1,137.31	$ 359.85
Net investment income (in dollars per share)	71.07	14.29
Net change in unrealized loss from loans (in dollars per share)	(11.04)	0
Net increase in net assets resulting from operations (in dollars per share)	60.03	14.29
Distributions of income to shareholder (in dollars per share)	(46.41)	(14.29)
Return of capital to shareholder (in dollars per share)	0	(36.21)
Contributions from shareholder (in dollars per share)	385	350
Net asset value, end of period (in dollars per share)	$ 1,535.93	$ 673.64
Net assets, end of period	$ 153,592,724	$ 67,364,474	$ 113,730,798	$ 35,984,561
Ratios to average net assets:
Expenses	15.94%	20.37%
Net investment income	22.15%	10.56%
Portfolio turnover rate	0%	0%
Average debt outstanding	$ 169,875,000	$ 68,000,000