WTI Fund X 10-Q 13 Nov 24 2024 Q3 Quarterly report Financial data

COVER

COVER - shares	9 Months Ended
	Sep. 30, 2024	Nov. 13, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
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
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31

CONDENSED STATEMENTS OF ASSETS

CONDENSED STATEMENTS OF ASSETS AND LIABILITIES (UNAUDITED) - USD ($)	Sep. 30, 2024		Dec. 31, 2023
ASSETS
Loans, at estimated fair value (cost of $410,921,860 and $417,993,719 respectively)	$ 430,334,873	[1]	$ 403,600,113
Cash and cash equivalents	29,674,225		17,230,603
Dividend and interest receivables	6,358,558		5,867,057
Other assets	2,050,739		3,600,930
Total assets	468,418,395		430,298,703
LIABILITIES
Borrowings under debt facility	176,500,000		197,500,000
Accrued management fees	1,968,750		1,968,750
Derivative liability	53,728		110,917
Accounts payable and other accrued liabilities	2,520,861		3,416,900
Total liabilities	181,043,339		202,996,567
NET ASSETS	287,375,056		227,302,136
Analysis of Net Assets:
Capital paid in on shares of capital stock	336,000,000		276,000,000
Cumulative return of capital distributions	(32,950,470)		(32,950,470)
Total distributable losses	(15,674,474)		(15,747,394)
Net assets (equivalent to $2,873.75 and $2,273.02 per share based on $100,000 shares of capital stock outstanding - See Notes 5 and 11)	287,375,056		227,302,136
Commitments & Contingent Liabilities:
Unexpired unfunded commitments (See Note 10)	$ 111,260,000		$ 132,250,000
[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 most advantageous 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 ($)	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Cost	$ 462,668,332		$ 417,993,719
Net assets per share (in dollars per share)	$ 2,873.75	$ 2,869.3	$ 2,273.02	$ 1,663.59	$ 1,587.59	$ 1,137.31
Shares outstanding (in shares)	100,000		100,000

CONDENSED STATEMENTS OF OPERATI

CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
INVESTMENT INCOME:
Interest on loans	$ 18,789,303	$ 14,959,269	$ 61,210,612	$ 41,568,456
Other income	355,290	364,183	1,085,021	761,928
Total investment income	19,144,593	15,323,452	62,295,633	42,330,384
EXPENSES:
Management fees	1,968,750	2,000,000	5,906,250	6,000,000
Interest expense	3,141,578	4,336,715	10,294,894	10,700,000
Banking and professional fees	54,703	65,095	392,768	233,883
Other operating expenses	70,288	56,748	288,001	131,426
Total expenses	5,235,319	6,458,558	16,881,913	17,065,309
Net investment income	13,909,274	8,864,894	45,413,720	25,265,075
Net realized gain from derivative instruments	7,669	0	23,597	0
Net change in unrealized loss from loans	(2,317,514)	(6,312,605)	(17,939,853)	(8,587,624)
Net change in unrealized gain (loss) from derivative instruments	(110,351)	0	57,189	0
Net realized and change in unrealized loss from loans and derivative instruments	(2,420,196)	(6,312,605)	(17,859,067)	(8,587,624)
Net increase in net assets resulting from operations	$ 11,489,078	$ 2,552,289	$ 27,554,653	$ 16,677,451
Amounts per common share:
Net increase in net assets resulting from operations per share, basic (in dollars per share)	$ 114.89	$ 25.52	$ 275.55	$ 166.77
Net increase in net assets resulting from operations per share, diluted (in dollars per share)	$ 114.89	$ 25.52	$ 275.55	$ 166.77
Weighted average shares outstanding, basic (in shares)	100,000	100,000	100,000	100,000
Weighted average shares outstanding, diluted (in shares)	100,000	100,000	100,000	100,000

CONDENSED STATEMENTS OF CHANGES

CONDENSED STATEMENTS OF CHANGES IN NET ASSETS (UNAUDITED) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Investment Company, Net Assets [Roll Forward]
Beginning balance (in shares)			100,000
Beginning balance	$ 286,930,187	$ 158,758,987	$ 227,302,136	$ 113,730,798
Net increase in net assets resulting from operations	11,489,078	2,552,289	27,554,653	16,677,451
Distributions of income to shareholder	$ (11,044,209)	(4,952,614)	(27,481,733)	(12,549,587)
Contributions from shareholder		10,000,000	$ 60,000,000	48,500,000
Ending balance (in shares)	100,000		100,000
Ending balance	$ 287,375,056	$ 166,358,662	$ 287,375,056	$ 166,358,662
Common Stock
Investment Company, Net Assets [Roll Forward]
Beginning balance (in shares)	100,000	100,000	100,000	100,000
Beginning balance	$ 100	$ 100	$ 100	$ 100
Ending balance (in shares)	100,000	100,000	100,000	100,000
Ending balance	$ 100	$ 100	$ 100	$ 100
Additional Paid-in Capital
Investment Company, Net Assets [Roll Forward]
Beginning balance	335,999,900	180,999,900	275,999,900	142,499,900
Contributions from shareholder		10,000,000	60,000,000	48,500,000
Ending balance	335,999,900	190,999,900	335,999,900	190,999,900
Return of Capital Distributions
Investment Company, Net Assets [Roll Forward]
Beginning balance	(32,950,470)	(21,884,926)	(32,950,470)	(21,884,926)
Ending balance	(32,950,470)	(21,884,926)	(32,950,470)	(21,884,926)
Total Distributable Losses
Investment Company, Net Assets [Roll Forward]
Beginning balance	(16,119,343)	(356,087)	(15,747,394)	(6,884,276)
Net increase in net assets resulting from operations	11,489,078	2,552,289	27,554,653	16,677,451
Distributions of income to shareholder	(11,044,209)	(4,952,614)	(27,481,733)	(12,549,587)
Ending balance	$ (15,674,474)	$ (2,756,412)	$ (15,674,474)	$ (2,756,412)

CONDENSED STATEMENTS OF CASH FL

CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net increase in net assets resulting from operations	$ 27,554,653	$ 16,677,451
Adjustments to reconcile net increase in net assets resulting from operations to net cash used in operating activities:
Net realized gain from derivative instruments	(23,597)	0
Net change in unrealized loss from loans	17,939,853	8,587,624
Net change in unrealized gain from derivative instruments	(57,189)	0
Amortization of deferred costs related to debt facility	331,610	327,698
Origination of loans	(171,740,000)	(159,186,990)
Principal payments on loans, net of accretion	122,471,300	48,065,013
Acquisition of equity securities	(15,621,646)	(11,280,358)
Changes in operating assets and liabilities:
Net increase in dividend and interest receivables	(491,501)	(1,536,485)
Net (increase) decrease in other assets	1,218,581	(301,906)
Net increase (decrease) in accounts payable, other accrued liabilities and accrued management fees	(896,039)	956,158
Net cash used in operating activities	(19,313,975)	(97,691,795)
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash distributions to shareholder	(7,266,000)	0
Contributions from shareholder	60,000,000	48,500,000
Borrowings under debt facility	51,500,000	81,000,000
Repayments of borrowings under debt facility	(72,500,000)	(16,500,000)
Payments of debt facility fees and costs	0	(41,080)
Payments received for derivative instruments	23,597	0
Net cash provided by financing activities	31,757,597	112,958,920
Net increase in cash and cash equivalents	12,443,622	15,267,125
CASH AND CASH EQUIVALENTS:
Beginning of period	17,230,603	9,516,910
End of period	29,674,225	24,784,035
CASH PAID DURING THE PERIOD:
Interest - Debt facility	10,168,871	9,723,946
NON-CASH OPERATING AND FINANCING ACTIVITIES:
Distributions of equity securities to shareholder	20,215,733	12,549,587
Receipt of equity securities as repayment of loans	$ 4,594,087	$ 1,269,229

CONDENSED SCHEDULE OF INVESTMEN

CONDENSED SCHEDULE OF INVESTMENTS (UNAUDITED) - USD ($)		Sep. 30, 2024		Dec. 31, 2023
Percent of Net Assets		149.80%	[1]	177.60%	[2]
Principal		$ 496,220,841		$ 446,916,808
Cost		462,668,332		417,993,719
Fair Value		$ 430,334,873	[3]	$ 403,600,113
Percent Of Net Assets, Cash Equivalents		10.30%		7.50%
Cost, Cash Equivalents		$ 29,474,225		$ 17,030,603
Fair Value, Cash Equivalents		29,474,225		17,030,603
Interest Rate Collar
Notional Amount		100,000,000		100,000,000
Derivative, Fair Value, Net		(53,728)		(110,917)
Upfront payments/receipts		0		0
Unrealized depreciation		(53,728)	[4]	(110,917)	[5]
Zions Bancorporation, N.A. | Interest Rate Collar, Cap Rate 5.30%, Floor Rate 3.65%, Maturity 12/31/2024
Notional Amount		50,000,000		50,000,000
Derivative, Fair Value, Net		(252)		(31,439)
Upfront payments/receipts		0		0
Unrealized depreciation		(252)	[4]	(31,439)	[5]
Zions Bancorporation, N.A. | Interest Rate Collar, Cap Rate 5.30%, Floor Rate 2.30%, Maturity 12/31/2025
Notional Amount		50,000,000		50,000,000
Derivative, Fair Value, Net		(53,476)		(79,478)
Upfront payments/receipts		0		0
Unrealized depreciation		$ (53,476)	[4]	$ (79,478)	[5]
Zions Bancorporation, N.A. | Maximum | Interest Rate Collar, Cap Rate 5.30%, Floor Rate 3.65%, Maturity 12/31/2024
Floating interest rate		5.30%		5.30%
Zions Bancorporation, N.A. | Maximum | Interest Rate Collar, Cap Rate 5.30%, Floor Rate 2.30%, Maturity 12/31/2025
Floating interest rate		5.30%		5.30%
Zions Bancorporation, N.A. | Minimum | Interest Rate Collar, Cap Rate 5.30%, Floor Rate 3.65%, Maturity 12/31/2024
Floating interest rate		3.65%		3.65%
Zions Bancorporation, N.A. | Minimum | Interest Rate Collar, Cap Rate 5.30%, Floor Rate 2.30%, Maturity 12/31/2025
Floating interest rate		2.30%		2.30%
Biotechnology
Percent of Net Assets		3.30%	[1]	5.20%	[2]
Principal		$ 9,605,533		$ 12,398,473
Cost		9,395,142		11,884,907
Fair Value		$ 9,395,142	[3]	$ 11,884,907	[6]
Computers & Storage
Percent of Net Assets		2.20%	[1]	3.10%	[2]
Principal		$ 6,300,348		$ 7,100,280
Cost		6,314,705		6,981,592
Fair Value		$ 6,314,705	[3]	$ 6,981,592	[6]
Internet
Percent of Net Assets		12.20%	[1]	18.60%	[2]
Principal		$ 36,533,966		$ 44,531,187
Cost		34,967,326		42,116,651
Fair Value		$ 34,967,326	[3]	$ 42,116,651	[6]
Medical Devices
Percent of Net Assets		1.20%	[1]	1.60%	[2]
Principal		$ 3,602,945		$ 4,000,000
Cost		3,391,302		3,660,064
Fair Value		$ 3,391,302	[3]	$ 3,660,064	[6]
Other Healthcare
Percent of Net Assets		14.70%	[1]	10.10%	[2]
Principal		$ 46,912,879		$ 26,650,206
Cost		43,307,524		24,133,612
Fair Value		$ 42,165,249	[3]	$ 22,991,337	[6]
Other Technology
Percent of Net Assets		65.30%	[1]	70%	[2]
Principal		$ 227,794,798		$ 183,494,039
Cost		209,740,113		170,014,495
Fair Value		$ 187,806,098	[3]	$ 159,031,085	[6]
Security
Percent of Net Assets		0.80%	[1]	1.60%	[2]
Principal		$ 2,272,322		$ 3,807,423
Cost		2,239,223		3,718,921
Fair Value		$ 2,239,223	[3]	$ 3,718,921	[6]
Semiconductors & Equipment
Percent of Net Assets		1.60%	[1]	2.10%	[2]
Principal		$ 4,964,515		$ 5,152,734
Cost		4,663,907		4,821,317
Fair Value		$ 4,663,907	[3]	$ 4,821,317	[6]
Software
Percent of Net Assets		40.10%	[1]	51.20%	[2]
Principal		$ 128,673,796		$ 124,314,325
Cost		121,060,795		117,569,319
Fair Value		$ 115,120,043	[3]	$ 116,428,842	[6]
Technology Services
Percent of Net Assets		3.80%	[1]	12.40%	[2]
Principal		$ 15,281,029		$ 31,468,141
Cost		14,350,140		29,296,204
Fair Value		$ 11,033,723	[3]	$ 28,168,760	[6]
Wireless
Percent of Net Assets		4.60%	[1]	1.70%	[2]
Principal		$ 14,278,710		$ 4,000,000
Cost		13,238,155		3,796,637
Fair Value		13,238,155	[3]	3,796,637	[6]
Canary Connect, Inc. | Computers & Storage
Principal		5,000,000		5,000,000
Cost		5,032,975		4,929,537
Fair Value		5,032,975	[3]	4,929,537	[6]
Proto, Inc. | Computers & Storage
Principal		1,300,348		2,100,280
Cost		1,281,730		2,052,055
Fair Value		1,281,730	[3]	2,052,055	[6]
Realm Living, Inc. | Internet
Principal		4,310,069
Cost		4,123,797
Fair Value	[3]	4,123,797
Vinvesto, Inc. | Internet
Principal		353,762		486,087
Cost		343,273		466,170
Fair Value		343,273	[3]	466,170	[6]
Julie Products Inc. | Other Healthcare
Principal		1,061,366		1,552,628
Cost		1,038,527		1,497,417
Fair Value		1,038,527	[3]	1,497,417	[6]
Modern Animal, Inc. | Other Healthcare
Principal		20,000,000
Cost		18,974,718
Fair Value	[3]	18,974,718
Open Inc. | Other Healthcare
Principal		642,285		915,125
Cost		628,719		887,521
Fair Value		628,719	[3]	887,521	[6]
Badiani Limited
Principal	[7],[8]	1,798,684
Cost	[7],[8]	1,744,452
Fair Value	[3],[7],[8]	1,744,452
Badiani Limited | Other Technology
Principal	[9],[10]			1,500,000
Cost	[9],[10]			1,424,947
Fair Value	[6],[9],[10]			1,424,947
Creoate Limited | Other Technology
Principal		5,514,807	[7],[8]	1,346,048	[9],[10]
Cost		5,268,825	[7],[8]	1,305,638	[9],[10]
Fair Value		5,268,825	[3],[7],[8]	1,305,638	[6],[9],[10]
Fanimal, Inc. | Other Technology
Principal		946,013		1,144,754
Cost		922,920		1,102,963
Fair Value		922,920	[3]	1,102,963	[6]
Higher Ground Education, Inc. | Other Technology
Principal		19,722,308
Cost		14,616,300
Fair Value	[3]	14,616,300
LendTable Inc. | Other Technology
Principal		2,524,479		3,328,989
Cost		2,468,825		3,220,640
Fair Value		2,468,825	[3]	3,220,640	[6]
Logistech Solutions Pte. Ltd. | Other Technology
Principal		1,123,308	[7],[8]	1,411,295	[9],[10]
Cost		1,089,175	[7],[8]	1,339,519	[9],[10]
Fair Value		1,089,175	[3],[7],[8]	1,339,519	[6],[9],[10]
Merlin Labs, Inc. | Other Technology
Principal		25,000,000
Cost		23,004,782
Fair Value	[3]	23,004,782
New Globe Education, Inc. | Other Technology
Principal	[7],[8]	26,132,844
Cost	[7],[8]	24,280,645
Fair Value	[3],[7],[8]	24,280,645
PlantBaby, Inc. | Other Technology
Principal		339,337		558,169
Cost		329,266		532,461
Fair Value		329,266	[3]	532,461	[6]
Platform Science, Inc. | Other Technology
Principal		6,214,013		8,988,531
Cost		6,071,849		8,686,629
Fair Value		6,071,849	[3]	8,686,629	[6]
Ripple Foods, PBC | Other Technology
Principal		10,000,000
Cost		9,380,328
Fair Value	[3]	9,380,328
Runzy, Inc. | Other Technology
Principal		477,589		500,000
Cost		469,749		488,566
Fair Value		469,749	[3]	488,566	[6]
Scripta Insights, Inc. | Other Technology
Principal		644,627		1,410,118
Cost		638,026		1,380,137
Fair Value		638,026	[3]	1,380,137	[6]
SISU Aesthetics Clinic, Inc. | Other Technology
Principal		1,201,358	[7],[8]	1,672,341	[9],[10]
Cost		1,183,091	[7],[8]	1,636,131	[9],[10]
Fair Value		1,183,091	[3],[7],[8]	1,636,131	[6],[9],[10]
State Affairs, Inc. | Other Technology
Principal		3,405,035		3,500,000
Cost		3,300,802		3,334,291
Fair Value		3,300,802	[3]	3,334,291	[6]
Sun Day Carwash, Inc. | Other Technology
Principal		5,662,608		6,000,000
Cost		5,485,210		5,671,798
Fair Value		5,485,210	[3]	5,671,798	[6]
Supplant, Inc. | Other Technology
Principal		1,988,037	[7],[8]	2,500,000	[9],[10]
Cost		1,936,149	[7],[8]	2,406,876	[9],[10]
Fair Value		1,936,149	[3],[7],[8]	2,406,876	[6],[9],[10]
TomoCredit, Inc. | Other Technology
Principal		3,981,071		4,881,441
Cost		3,865,540		4,693,116
Fair Value		3,865,540	[3]	4,693,116	[6]
Umbra Lab, Inc. | Other Technology
Principal		16,017,109		10,717,188
Cost		15,388,169		10,352,640
Fair Value		15,388,169	[3]	10,352,640	[6]
World Wrapps II, Inc. | Other Technology
Principal		1,000,000		1,000,000
Cost		877,907		817,591
Fair Value		877,907	[3]	817,591	[6]
Zimeno Inc. | Other Technology
Principal		8,891,453		11,581,391
Cost		8,727,831		11,250,643
Fair Value		8,727,831	[3]	11,250,643	[6]
Axiado Corporation | Security
Principal		2,272,322		3,698,224
Cost		2,239,223		3,611,663
Fair Value		2,239,223	[3]	3,611,663	[6]
Bloomboard, Inc. | Semiconductors & Equipment
Principal		5,000,000
Cost		4,744,581
Fair Value	[3]	4,744,581
Bound Rates, Inc. | Software
Principal		2,320,494
Cost		2,204,335
Fair Value	[3]	2,204,335
Canopy Technology Corp. | Software
Principal		1,408,994		2,110,579
Cost		1,378,415		2,039,116
Fair Value		1,378,415	[3]	2,039,116	[6]
Common Sun, Inc | Software
Principal		1,378,630		1,820,637
Cost		1,347,253		1,762,726
Fair Value		1,347,253	[3]	1,762,726	[6]
Form Remodel, Inc. | Software
Principal		1,327,618		1,851,927
Cost		1,306,293		1,806,107
Fair Value		1,306,293	[3]	1,806,107	[6]
Kolors, Inc. | Software
Principal	[7],[8]	4,915,935
Cost	[7],[8]	4,754,365
Fair Value	[3],[7],[8]	4,754,365
Make Cents Technologies Inc. | Software
Principal		9,662,827
Cost		9,073,714
Fair Value	[3]	9,073,714
Merlyn Mind, Inc. | Software
Principal		25,000,000
Cost		22,844,203
Fair Value	[3]	22,844,203
Parkoursc, Inc. | Software
Principal		3,367,476
Cost		3,194,967
Fair Value	[3]	3,194,967
Ratio Technologies, Inc. | Software
Principal		1,418,422		1,801,041
Cost		1,385,487		1,747,841
Fair Value		1,385,487	[3]	1,747,841	[6]
Safe Securities Inc. | Software
Principal		10,000,000		6,000,000
Cost		9,652,869		5,637,630
Fair Value		9,652,869	[3]	5,637,630	[6]
Sonatus, Inc | Software
Principal		3,230,719		6,238,755
Cost		3,162,135		6,029,598
Fair Value		3,162,135	[3]	6,029,598	[6]
Vesta Housing, Inc. | Software
Principal		3,972,368		2,357,066
Cost		3,716,776		2,268,609
Fair Value		3,716,776	[3]	2,268,609	[6]
Techspert.IO Limited | Technology Services
Principal		3,037,623	[7],[8]	3,500,000	[9],[10]
Cost		2,956,496	[7],[8]	3,360,887	[9],[10]
Fair Value		2,956,496	[3],[7],[8]	3,360,887	[6],[9],[10]
Juvo Mobile, Inc. | Wireless
Principal		4,278,710	[8]	4,000,000	[10]
Cost		4,080,350	[8]	3,796,637	[10]
Fair Value		4,080,350	[3],[8]	3,796,637	[6],[10]
Nextivity, Inc. | Wireless
Principal		10,000,000
Cost		9,157,805
Fair Value	[3]	9,157,805
Ainsly, Inc. | Internet
Principal	[9],[10]			334,565
Cost	[9],[10]			287,052
Fair Value	[6],[9],[10]			287,052
Pixalate, Inc. | Internet
Principal				2,000,000
Cost				1,856,520
Fair Value	[6]			1,856,520
RenoFi, Inc. | Internet
Principal				2,070,989
Cost				2,000,424
Fair Value	[6]			2,000,424
RetailerX, Inc. | Internet
Principal				7,488,838
Cost				7,310,904
Fair Value	[6]			7,310,904
Airspeed, Inc. | Other Technology
Principal				1,157,573
Cost				1,130,660
Fair Value	[6]			1,130,660
Beekeeper's Naturals, Inc | Other Technology
Principal	[9],[10]			2,583,743
Cost	[9],[10]			2,514,191
Fair Value	[6],[9],[10]			2,514,191
Ceres Imaging, Inc. | Other Technology
Principal				2,758,311
Cost				2,691,633
Fair Value	[6]			2,691,633
CornerUp, Inc. | Other Technology
Principal				465,124
Cost				428,892
Fair Value	[6]			428,892
EasyKnock, Inc. | Other Technology
Principal				6,386,739
Cost				6,148,489
Fair Value	[6]			6,148,489
Eguana Technologies, Inc. | Other Technology
Principal	[9],[10]			3,140,216
Cost	[9],[10]			3,035,867
Fair Value	[6],[9],[10]			3,035,867
Holo, Inc. | Other Technology
Principal				1,312,544
Cost				1,242,521
Fair Value	[6]			1,242,521
Joy Memories, Inc | Other Technology
Principal				6,235,303
Cost				5,897,766
Fair Value	[6]			5,897,766
Rise Gardens, Inc. | Other Technology
Principal				1,292,662
Cost				1,260,944
Fair Value	[6]			881,131
TLNT Inc. | Other Technology
Principal				1,097,026
Cost				1,051,691
Fair Value	[6]			658,160
Wellth, Inc. | Other Technology
Principal				1,128,606
Cost				1,093,107
Fair Value	[6]			1,093,107
Zeno Technologies, Inc. | Other Technology
Principal				331,052
Cost				321,282
Fair Value	[6]			321,282
BlueCart, Inc. | Software
Principal				1,548,150
Cost				1,480,604
Fair Value	[6]			1,480,604
HaystacksAI, Inc. | Software
Principal				852,198
Cost				830,287
Fair Value	[6]			830,287
Ioogo Inc. | Software
Principal				5,000,000
Cost				4,786,832
Fair Value	[6]			4,786,832
Ocurate, Inc. | Software
Principal				761,112
Cost				743,652
Fair Value	[6]			743,652
Overalls, Inc. | Software
Principal				707,928
Cost				678,757
Fair Value	[6]			678,757
Scaleup Finance Group ApS | Software
Principal		2,105,447	[7],[8]	2,500,000	[9],[10]
Cost		2,033,673	[7],[8]	2,373,977	[9],[10]
Fair Value		$ 2,033,673	[3],[7],[8]	2,373,977	[6],[9],[10]
iLearningEngines Inc. | Technology Services
Principal				16,149,267
Cost				14,742,633
Fair Value	[6]			$ 14,742,633
Investment, Identifier [Axis]: 2045 Studio, Inc., Senior Secured
Interest Rate	[11]	13.80%
Principal		$ 707,991
Cost		664,316
Fair Value	[3]	$ 664,316
Investment, Identifier [Axis]: 2045 Studio, Inc., Senior Secured
Interest Rate	[12]			13.80%
Principal				$ 750,000
Cost				682,643
Fair Value	[6]			$ 682,643
Investment, Identifier [Axis]: AI Netomi, Inc., Senior Secured
Interest Rate	[11]	12%
Principal		$ 5,250,000
Cost		4,657,308
Fair Value	[3]	$ 4,657,308
Investment, Identifier [Axis]: AL Services, Senior Secured
Interest Rate	[9],[10],[12]			12.50%
Principal	[9],[10]			$ 330,763
Cost	[9],[10]			307,345
Fair Value	[6],[9],[10]			$ 307,345
Investment, Identifier [Axis]: Abacum Inc., Senior Secured
Interest Rate		13.50%	[7],[8],[11]	13.50%	[9],[10],[12]
Principal		$ 1,284,466	[7],[8]	$ 1,500,000	[9],[10]
Cost		1,227,536	[7],[8]	1,404,738	[9],[10]
Fair Value		$ 1,227,536	[3],[7],[8]	$ 1,404,738	[6],[9],[10]
Investment, Identifier [Axis]: Actual Systems, Inc., Senior Secured
Interest Rate		12%	[11]	12%	[12]
Principal		$ 328,393		$ 628,655
Cost		320,528		600,880
Fair Value		$ 320,528	[3]	$ 600,880	[6]
Investment, Identifier [Axis]: Ainsly, Inc., Senior Secured 1
Interest Rate	[9],[10],[12]			12.50%
Principal	[9],[10]			$ 200,739
Cost	[9],[10]			153,231
Fair Value	[6],[9],[10]			$ 153,231
Investment, Identifier [Axis]: Ainsly, Inc., Senior Secured 2
Interest Rate	[9],[10],[12]			12.50%
Principal	[9],[10]			$ 133,826
Cost	[9],[10]			133,821
Fair Value	[6],[9],[10]			$ 133,821
Investment, Identifier [Axis]: Airspeed, Inc., Senior Secured
Interest Rate	[11]	11%
Principal		$ 1,101,447
Cost		1,020,819
Fair Value	[3]	$ 1,020,819
Investment, Identifier [Axis]: Airspeed, Inc., Senior Secured 1
Interest Rate	[12]			11%
Principal				$ 532,573
Cost				505,660
Fair Value	[6]			$ 505,660
Investment, Identifier [Axis]: Airspeed, Inc., Senior Secured 2
Interest Rate	[12]			11%
Principal				$ 625,000
Cost				625,000
Fair Value	[6]			$ 625,000
Investment, Identifier [Axis]: Akadeum Life Sciences, Inc., Senior Secured
Interest Rate		14.30%	[11]	14.30%	[12]
Principal		$ 1,888,704		$ 2,000,000
Cost		1,791,396		1,849,886
Fair Value		$ 1,791,396	[3]	$ 1,849,886	[6]
Investment, Identifier [Axis]: American Castanea PBC, Senior Secured
Interest Rate	[11]	11.80%
End of Term Payment	[13]	6.70%
Principal		$ 250,000
Cost		7,151
Fair Value	[3]	$ 7,151
Investment, Identifier [Axis]: ArroFi Inc., Senior Secured
Interest Rate		11.30%	[11]	11.30%	[12]
Principal		$ 1,665,188		$ 2,354,587
Cost		1,620,780		2,265,319
Fair Value		$ 1,620,780	[3]	$ 2,265,319	[6]
Investment, Identifier [Axis]: Auterion, Inc., Senior Secured
Interest Rate		12.50%	[7],[8],[11]	12.50%	[9],[10],[12]
Principal		$ 1,177,370	[7],[8]	$ 2,390,325	[9],[10]
Cost		1,158,898	[7],[8]	2,317,261	[9],[10]
Fair Value		$ 1,158,898	[3],[7],[8]	$ 2,317,261	[6],[9],[10]
Investment, Identifier [Axis]: Axiado Corporation, Senior Secured 1
Interest Rate		10.50%	[11]	10.50%	[12]
Principal		$ 1,136,161		$ 1,849,112
Cost		1,136,155		1,849,098
Fair Value		$ 1,136,155	[3]	$ 1,849,098	[6]
Investment, Identifier [Axis]: Axiado Corporation, Senior Secured 2
Interest Rate		10.50%	[11]	10.50%	[12]
Principal		$ 1,136,161		$ 1,849,112
Cost		1,103,068		1,762,565
Fair Value		$ 1,103,068	[3]	$ 1,762,565	[6]
Investment, Identifier [Axis]: Azumo, Inc., Senior Secured
Interest Rate		12.80%	[11]	12.80%	[12]
Principal		$ 957,356		$ 1,282,604
Cost		913,213		1,203,696
Fair Value		$ 548,094	[3]	$ 1,203,696	[6]
Investment, Identifier [Axis]: Badiani Limited , Senior Secured 1
Interest Rate	[7],[8],[11]	13.50%
Principal	[7],[8]	$ 826,690
Cost	[7],[8]	790,090
Fair Value	[3],[7],[8]	$ 790,090
Investment, Identifier [Axis]: Badiani Limited , Senior Secured 2
Interest Rate	[7],[8],[11]	13.80%
Principal	[7],[8]	$ 500,000
Cost	[7],[8]	490,174
Fair Value	[3],[7],[8]	$ 490,174
Investment, Identifier [Axis]: Badiani Limited , Senior Secured 3
Interest Rate	[7],[8],[11]	13.80%
Principal	[7],[8]	$ 471,994
Cost	[7],[8]	464,188
Fair Value	[3],[7],[8]	$ 464,188
Investment, Identifier [Axis]: Badiani Limited, Senior Secured 1
Interest Rate	[9],[10],[12]			13.80%
Principal	[9],[10]			$ 500,000
Cost	[9],[10]			487,832
Fair Value	[6],[9],[10]			$ 487,832
Investment, Identifier [Axis]: Badiani Limited, Senior Secured 2
Interest Rate	[9],[10],[12]			13.50%
Principal	[9],[10]			$ 1,000,000
Cost	[9],[10]			937,115
Fair Value	[6],[9],[10]			$ 937,115
Investment, Identifier [Axis]: Bankroll Club, LLC, Senior Secured
Interest Rate	[11]	14%
Principal		$ 1,965,212
Cost		1,795,513
Fair Value	[3]	$ 486,606
Investment, Identifier [Axis]: Bankroll Club, LLC, Senior Secured 1
Interest Rate	[12]			14%
Principal				$ 1,965,212
Cost				1,795,513
Fair Value	[6]			$ 449,191
Investment, Identifier [Axis]: Beekeeper's Naturals, Inc, Senior Secured 1
Interest Rate	[9],[10],[12]			12%
Principal	[9],[10]			$ 1,291,713
Cost	[9],[10]			1,239,031
Fair Value	[6],[9],[10]			$ 1,239,031
Investment, Identifier [Axis]: Beekeeper's Naturals, Inc, Senior Secured 2
Interest Rate	[9],[10],[12]			12%
Principal	[9],[10]			$ 646,138
Cost	[9],[10]			637,335
Fair Value	[6],[9],[10]			$ 637,335
Investment, Identifier [Axis]: Beekeeper's Naturals, Inc, Senior Secured 3
Interest Rate	[9],[10],[12]			12%
Principal	[9],[10]			$ 645,892
Cost	[9],[10]			637,825
Fair Value	[6],[9],[10]			$ 637,825
Investment, Identifier [Axis]: Biolojic Design Ltd., Senior Secured
Interest Rate		12.50%	[7],[8],[11]	12.50%	[9],[10],[12]
End of Term Payment		4%	[7],[8],[13]	4%	[9],[10],[14]
Principal		$ 3,970,099	[7],[8]	$ 5,000,000	[9],[10]
Cost		3,938,324	[7],[8]	4,815,056	[9],[10]
Fair Value		$ 3,938,324	[3],[7],[8]	$ 4,815,056	[6],[9],[10]
Investment, Identifier [Axis]: Bite Investments (Cayman) Limited, Senior Secured
Interest Rate		12%	[7],[8],[11]	12%	[9],[10],[12]
Principal		$ 224,451	[7],[8]	$ 697,965	[9],[10]
Cost		221,652	[7],[8]	674,305	[9],[10]
Fair Value		$ 221,652	[3],[7],[8]	$ 674,305	[6],[9],[10]
Investment, Identifier [Axis]: Blackcart, Inc., Senior Secured
Interest Rate		13.30%	[7],[8],[11]	13.30%	[9],[10],[12]
End of Term Payment		6.40%	[7],[8],[13]	6.40%	[9],[10],[14]
Principal		$ 943,621	[7],[8]	$ 1,000,000	[9],[10]
Cost		910,702	[7],[8]	937,915	[9],[10]
Fair Value		$ 910,702	[3],[7],[8]	$ 937,915	[6],[9],[10]
Investment, Identifier [Axis]: Bloomboard, Inc., Senior Secured 1
Interest Rate	[11]	12%
End of Term Payment	[13]	2.70%
Principal		$ 1,500,000
Cost		1,501,538
Fair Value	[3]	$ 1,501,538
Investment, Identifier [Axis]: Bloomboard, Inc., Senior Secured 2
Interest Rate	[11]	12%
End of Term Payment	[13]	3%
Principal		$ 3,500,000
Cost		3,243,043
Fair Value	[3]	$ 3,243,043
Investment, Identifier [Axis]: BlueCart, Inc., Senior Secured
Interest Rate	[11]	14.10%
Principal		$ 1,177,871
Cost		1,031,569
Fair Value	[3]	$ 1,031,569
Investment, Identifier [Axis]: BlueCart, Inc., Senior Secured 1
Interest Rate	[12]			12.50%
Principal				$ 1,326,346
Cost				1,263,830
Fair Value	[6]			$ 1,263,830
Investment, Identifier [Axis]: BlueCart, Inc., Senior Secured 2
Interest Rate	[12]			14.80%
Principal				$ 221,804
Cost				216,774
Fair Value	[6]			$ 216,774
Investment, Identifier [Axis]: Bound Rates, Inc., Senior Secured
Interest Rate	[9],[10],[12]			12%
Principal	[9],[10]			$ 1,570,704
Cost	[9],[10]			1,535,913
Fair Value	[6],[9],[10]			$ 1,535,913
Investment, Identifier [Axis]: Bound Rates, Inc., Senior Secured 1
Interest Rate	[7],[8],[11]	13%
Principal	[7],[8]	$ 1,500,000
Cost	[7],[8]	1,393,622
Fair Value	[3],[7],[8]	$ 1,393,622
Investment, Identifier [Axis]: Bound Rates, Inc., Senior Secured 2
Interest Rate	[7],[8],[11]	12%
Principal	[7],[8]	$ 820,494
Cost	[7],[8]	810,713
Fair Value	[3],[7],[8]	$ 810,713
Investment, Identifier [Axis]: Bryte, Inc., Senior Secured
Interest Rate		10%	[11]	10%	[12]
Principal		$ 1,694,943		$ 1,680,936
Cost		1,708,964		1,640,717
Fair Value		$ 1,088,694	[3]	$ 1,640,717	[6]
Investment, Identifier [Axis]: Canary Connect, Inc., Senior Secured 1
Interest Rate		12%	[11]	12%	[12]
End of Term Payment		7.60%	[13]	6.60%	[14]
Principal		$ 3,624,490		$ 1,375,510
Cost		3,644,760		1,364,322
Fair Value		$ 3,644,760	[3]	$ 1,364,322	[6]
Investment, Identifier [Axis]: Canary Connect, Inc., Senior Secured 2
Interest Rate		12%	[11]	12%	[12]
End of Term Payment		6.60%	[13]	7.60%	[14]
Principal		$ 1,375,510		$ 3,624,490
Cost		1,388,215		3,565,215
Fair Value		$ 1,388,215	[3]	$ 3,565,215	[6]
Investment, Identifier [Axis]: Canopy Technology Corp., Senior Secured 1
Interest Rate		15%	[11]	15%	[12]
Principal		$ 644,843		$ 916,006
Cost		636,883		899,683
Fair Value		$ 636,883	[3]	$ 899,683	[6]
Investment, Identifier [Axis]: Canopy Technology Corp., Senior Secured 2
Interest Rate		13.50%	[11]	13.50%	[12]
Principal		$ 764,151		$ 1,194,573
Cost		741,532		1,139,433
Fair Value		$ 741,532	[3]	$ 1,139,433	[6]
Investment, Identifier [Axis]: Carbon Ridge, Inc., Senior Secured
Interest Rate	[11]	12.50%
Principal		$ 1,125,000
Cost		987,150
Fair Value	[3]	$ 987,150
Investment, Identifier [Axis]: CarePoint, Inc., Senior Secured
Interest Rate		13.80%	[7],[8],[11]	13.80%	[9],[10],[12]
End of Term Payment		5%	[7],[8],[13]	5%	[9],[10],[14]
Principal		$ 766,402	[7],[8]	$ 1,000,000	[9],[10]
Cost		686,972	[7],[8]	852,778	[9],[10]
Fair Value		$ 686,972	[3],[7],[8]	$ 852,778	[6],[9],[10]
Investment, Identifier [Axis]: Cella Farms Inc.
Interest Rate	[11]	11.80%
End of Term Payment	[13]	2%
Principal		$ 1,500,000
Cost		1,432,506
Fair Value	[3]	$ 1,432,506
Investment, Identifier [Axis]: Ceres Imaging, Inc., Senior Secured
Interest Rate	[11]	12%
Principal		$ 2,843,184
Cost		2,781,445
Fair Value	[3]	$ 2,781,445
Investment, Identifier [Axis]: Ceres Imaging, Inc., Senior Secured 1
Interest Rate	[12]			12%
Principal				$ 1,127,835
Cost				1,088,832
Fair Value	[6]			$ 1,088,832
Investment, Identifier [Axis]: Ceres Imaging, Inc., Senior Secured 2
Interest Rate	[12]			12%
Principal				$ 1,630,476
Cost				1,602,801
Fair Value	[6]			$ 1,602,801
Investment, Identifier [Axis]: Chairman Me, Inc., Senior Secured
Interest Rate		12%	[11]	12%	[12]
Principal		$ 626,831		$ 626,831
Cost		591,508		591,508
Fair Value		$ 0	[3]	$ 0	[6]
Investment, Identifier [Axis]: Charlie Financial Inc., Senior Secured
Interest Rate	[11]	12.50%
End of Term Payment	[13]	3.90%
Principal		$ 3,500,000
Cost		3,205,922
Fair Value	[3]	$ 3,205,922
Investment, Identifier [Axis]: Chowbus, Inc., Senior Secured
Interest Rate		12%	[11]	12%	[12]
Principal		$ 1,075,984		$ 2,625,783
Cost		1,043,474		2,449,576
Fair Value		$ 1,043,474	[3]	$ 2,449,576	[6]
Investment, Identifier [Axis]: Common Sun, Inc, Senior Secured 1
Interest Rate		11%	[11]	11%	[12]
Principal		$ 975,747		$ 500,000
Cost		944,373		499,995
Fair Value		$ 944,373	[3]	$ 499,995	[6]
Investment, Identifier [Axis]: Common Sun, Inc, Senior Secured 2
Interest Rate		11%	[11]	11%	[12]
Principal		$ 402,883		$ 1,320,637
Cost		402,880		1,262,731
Fair Value		$ 402,880	[3]	$ 1,262,731	[6]
Investment, Identifier [Axis]: Copia Global Inc., Senior Secured
Interest Rate	[7],[8],[11]	12%
Principal	[7],[8]	$ 7,745,971
Cost	[7],[8]	7,693,807
Fair Value	[3],[7],[8]	$ 0
Investment, Identifier [Axis]: Copia Global Inc., Senior Secured 1
Interest Rate	[9],[10],[12]			12%
Principal	[9],[10]			$ 7,699,044
Cost	[9],[10]			7,542,825
Fair Value	[6],[9],[10]			$ 7,542,825
Investment, Identifier [Axis]: CornerUp, Inc., Senior Secured 1
Interest Rate		15%	[11]	15%	[12]
Principal		$ 392,046		$ 229,002
Cost		359,248		196,822
Fair Value		$ 0	[3]	$ 196,822	[6]
Investment, Identifier [Axis]: CornerUp, Inc., Senior Secured 2
Interest Rate	[12]			15%
Principal				$ 236,122
Cost				232,070
Fair Value	[6]			$ 232,070
Investment, Identifier [Axis]: Creoate Limited , Senior Secured 1
Interest Rate	[7],[8],[11]	12.80%
End of Term Payment	[7],[8],[13]	1%
Principal	[7],[8]	$ 485,000
Cost	[7],[8]	473,224
Fair Value	[3],[7],[8]	$ 473,224
Investment, Identifier [Axis]: Creoate Limited , Senior Secured 10
Interest Rate	[7],[8],[11]	12.80%
Principal	[7],[8]	$ 465,000
Cost	[7],[8]	403,767
Fair Value	[3],[7],[8]	$ 403,767
Investment, Identifier [Axis]: Creoate Limited , Senior Secured 2
Interest Rate	[7],[8],[11]	11.80%
Principal	[7],[8]	$ 402,917
Cost	[7],[8]	392,116
Fair Value	[3],[7],[8]	$ 392,116
Investment, Identifier [Axis]: Creoate Limited , Senior Secured 3
Interest Rate	[7],[8],[11]	14%
Principal	[7],[8]	$ 160,480
Cost	[7],[8]	158,763
Fair Value	[3],[7],[8]	$ 158,763
Investment, Identifier [Axis]: Creoate Limited , Senior Secured 4
Interest Rate	[7],[8],[11]	15.50%
Principal	[7],[8]	$ 486,410
Cost	[7],[8]	478,746
Fair Value	[3],[7],[8]	$ 478,746
Investment, Identifier [Axis]: Creoate Limited , Senior Secured 5
Interest Rate	[7],[8],[11]	12.80%
End of Term Payment	[7],[8],[13]	1%
Principal	[7],[8]	$ 1,000,000
Cost	[7],[8]	904,300
Fair Value	[3],[7],[8]	$ 904,300
Investment, Identifier [Axis]: Creoate Limited , Senior Secured 6
Interest Rate	[7],[8],[11]	12.80%
End of Term Payment	[7],[8],[13]	1%
Principal	[7],[8]	$ 550,000
Cost	[7],[8]	537,128
Fair Value	[3],[7],[8]	$ 537,128
Investment, Identifier [Axis]: Creoate Limited , Senior Secured 7
Interest Rate	[7],[8],[11]	12.80%
End of Term Payment	[7],[8],[13]	1%
Principal	[7],[8]	$ 592,000
Cost	[7],[8]	576,921
Fair Value	[3],[7],[8]	$ 576,921
Investment, Identifier [Axis]: Creoate Limited , Senior Secured 8
Interest Rate	[7],[8],[11]	12.80%
End of Term Payment	[7],[8],[13]	1%
Principal	[7],[8]	$ 740,000
Cost	[7],[8]	723,977
Fair Value	[3],[7],[8]	$ 723,977
Investment, Identifier [Axis]: Creoate Limited , Senior Secured 9
Interest Rate	[7],[8],[11]	12.80%
End of Term Payment	[7],[8],[13]	1%
Principal	[7],[8]	$ 633,000
Cost	[7],[8]	619,883
Fair Value	[3],[7],[8]	$ 619,883
Investment, Identifier [Axis]: Creoate Limited, Senior Secured 1
Interest Rate	[9],[10],[12]			15.50%
Principal	[9],[10]			$ 500,000
Cost	[9],[10]			488,425
Fair Value	[6],[9],[10]			$ 488,425
Investment, Identifier [Axis]: Creoate Limited, Senior Secured 2
Interest Rate	[9],[10],[12]			11.80%
Principal	[9],[10]			$ 617,298
Cost	[9],[10]			592,002
Fair Value	[6],[9],[10]			$ 592,002
Investment, Identifier [Axis]: Creoate Limited, Senior Secured 3
Interest Rate	[9],[10],[12]			14%
Principal	[9],[10]			$ 228,750
Cost	[9],[10]			225,211
Fair Value	[6],[9],[10]			$ 225,211
Investment, Identifier [Axis]: D2C Store, Inc., Senior Secured
Interest Rate		10%	[11]	10%	[12]
Principal		$ 1,355,572		$ 1,905,572
Cost		977,688		1,572,688
Fair Value		$ 977,688	[3]	$ 1,572,688	[6]
Investment, Identifier [Axis]: Daybase, Inc., Senior Secured
Interest Rate		11%	[11]	11%	[12]
Principal		$ 1,265,000		$ 1,265,000
Cost		1,129,983		1,129,983
Fair Value		$ 0	[3]	$ 0	[6]
Investment, Identifier [Axis]: EasyKnock, Inc., Senior Secured 1
Interest Rate	[12]			11.50%
Principal				$ 2,427,481
Cost				2,369,345
Fair Value	[6]			$ 2,369,345
Investment, Identifier [Axis]: EasyKnock, Inc., Senior Secured 2
Interest Rate	[12]			11.50%
Principal				$ 1,902,781
Cost				1,763,129
Fair Value	[6]			$ 1,763,129
Investment, Identifier [Axis]: EasyKnock, Inc., Senior Secured 3
Interest Rate	[12]			11.50%
Principal				$ 2,056,477
Cost				2,016,015
Fair Value	[6]			$ 2,016,015
Investment, Identifier [Axis]: Eguana Technologies, Inc. , Senior Secured
Interest Rate	[7],[8],[11]	12%
Principal	[7],[8]	$ 2,950,130
Cost	[7],[8]	2,970,310
Fair Value	[3],[7],[8]	$ 2,797,875
Investment, Identifier [Axis]: Eguana Technologies, Inc., Senior Secured 1
Interest Rate	[9],[10],[12]			12%
Principal	[9],[10]			$ 1,729,692
Cost	[9],[10]			1,696,603
Fair Value	[6],[9],[10]			$ 1,696,603
Investment, Identifier [Axis]: Eguana Technologies, Inc., Senior Secured 2
Interest Rate	[9],[10],[12]			12%
Principal	[9],[10]			$ 1,410,524
Cost	[9],[10]			1,339,264
Fair Value	[6],[9],[10]			$ 1,339,264
Investment, Identifier [Axis]: Eskalera, Inc., Senior Secured
Interest Rate		12%	[11]	12%	[12]
Principal		$ 1,263,656		$ 1,481,557
Cost		1,232,443		1,428,773
Fair Value		$ 1,232,443	[3]	$ 1,428,773	[6]
Investment, Identifier [Axis]: Family First, Inc, Senior Secured
Interest Rate		12%	[11]	12%	[12]
End of Term Payment		7.40%	[13]	7.40%	[14]
Principal		$ 4,000,000		$ 4,000,000
Cost		3,908,631		3,795,187
Fair Value		$ 3,908,631	[3]	$ 3,795,187	[6]
Investment, Identifier [Axis]: Fanimal, Inc., Senior Secured 1
Interest Rate		11.80%	[11]	11.80%	[12]
Principal		$ 129,122		$ 330,628
Cost		119,671		324,581
Fair Value		$ 119,671	[3]	$ 324,581	[6]
Investment, Identifier [Axis]: Fanimal, Inc., Senior Secured 2
Interest Rate		11.80%	[11]	11.80%	[12]
Principal		$ 357,616		$ 375,000
Cost		350,890		364,987
Fair Value		$ 350,890	[3]	$ 364,987	[6]
Investment, Identifier [Axis]: Fanimal, Inc., Senior Secured 3
Interest Rate		11.80%	[11]	11.80%	[12]
Principal		$ 214,354		$ 250,000
Cost		210,710		244,279
Fair Value		$ 210,710	[3]	$ 244,279	[6]
Investment, Identifier [Axis]: Fanimal, Inc., Senior Secured 4
Interest Rate		11.80%	[11]	11.80%	[12]
Principal		$ 244,921		$ 189,126
Cost		241,649		169,116
Fair Value		$ 241,649	[3]	$ 169,116	[6]
Investment, Identifier [Axis]: Findigs, Inc., Senior Secured
Interest Rate		13.50%	[11]	13.50%	[12]
Principal		$ 3,500,000		$ 3,500,000
Cost		3,290,146		3,214,747
Fair Value		$ 3,290,146	[3]	$ 3,214,747	[6]
Investment, Identifier [Axis]: First American Government Obligations Fund - Class Z
Percent Of Net Assets, Cash Equivalents		10.30%		7.50%
Cost, Cash Equivalents		$ 29,474,225		$ 17,030,603
Fair Value, Cash Equivalents		$ 29,474,225		$ 17,030,603
Investment, Identifier [Axis]: Form Remodel, Inc., Senior Secured 1
Interest Rate		11%	[11]	11%	[12]
Principal		$ 395,422		$ 410,822
Cost		391,371		383,743
Fair Value		$ 391,371	[3]	$ 383,743	[6]
Investment, Identifier [Axis]: Form Remodel, Inc., Senior Secured 2
Interest Rate		11%	[11]	11%	[12]
Principal		$ 267,432		$ 500,000
Cost		255,840		492,701
Fair Value		$ 255,840	[3]	$ 492,701	[6]
Investment, Identifier [Axis]: Form Remodel, Inc., Senior Secured 3
Interest Rate		11%	[11]	11%	[12]
Principal		$ 300,357		$ 441,105
Cost		298,071		436,137
Fair Value		$ 298,071	[3]	$ 436,137	[6]
Investment, Identifier [Axis]: Form Remodel, Inc., Senior Secured 4
Interest Rate		11%	[11]	11%	[12]
Principal		$ 364,407		$ 500,000
Cost		361,011		493,526
Fair Value		$ 361,011	[3]	$ 493,526	[6]
Investment, Identifier [Axis]: FutureProof Technologies, Inc., Senior Secured
Interest Rate		13.50%	[11]	13.50%	[12]
Principal		$ 735,155		$ 1,000,000
Cost		705,041		943,769
Fair Value		$ 705,041	[3]	$ 943,769	[6]
Investment, Identifier [Axis]: Gallant Pet, Inc., Senior Secured
Interest Rate		14%	[11]	14%	[12]
Principal		$ 1,714,241		$ 2,000,000
Cost		1,599,906		1,810,178
Fair Value		$ 1,599,906	[3]	$ 1,810,178	[6]
Investment, Identifier [Axis]: Gladly Software, Inc., Senior Secured
Interest Rate	[12]			11.60%
Principal				$ 24,716,004
Cost				23,649,871
Fair Value	[6]			$ 23,649,871
Investment, Identifier [Axis]: GoForward, Inc., Senior Secured
Interest Rate		12.80%	[11]	12.80%	[12]
Principal		$ 18,858,291		$ 20,000,000
Cost		16,933,063		18,027,726
Fair Value		$ 16,933,063	[3]	$ 18,027,726	[6]
Investment, Identifier [Axis]: Grayce, Inc., Senior Secured
Interest Rate	[12]			14%
Principal				$ 664,671
Cost				631,909
Fair Value	[6]			$ 631,909
Investment, Identifier [Axis]: Grokker, Inc., Senior Secured
Interest Rate		11.50%	[11]	11.50%	[12]
Principal		$ 285,591		$ 403,473
Cost		280,680		393,586
Fair Value		$ 280,680	[3]	$ 393,586	[6]
Investment, Identifier [Axis]: HaystacksAI, Inc., Senior Secured
Interest Rate	[11]	12.30%
Principal		$ 809,810
Cost		782,843
Fair Value	[3]	$ 782,843
Investment, Identifier [Axis]: HaystacksAI, Inc., Senior Secured 1
Interest Rate	[12]			11%
Principal				$ 426,099
Cost				426,099
Fair Value	[6]			$ 426,099
Investment, Identifier [Axis]: HaystacksAI, Inc., Senior Secured 2
Interest Rate	[12]			11%
Principal				$ 426,099
Cost				404,188
Fair Value	[6]			$ 404,188
Investment, Identifier [Axis]: Hdata, Inc., Senior Secured
Interest Rate	[12]			12.80%
End of Term Payment	[14]			2.50%
Principal				$ 500,000
Cost				448,042
Fair Value	[6]			$ 448,042
Investment, Identifier [Axis]: Heading Health Inc., Senior Secured
Interest Rate	[11]	13.20%
Principal		$ 1,208,548
Cost		955,616
Fair Value	[3]	$ 253,305
Investment, Identifier [Axis]: Heading Health Inc., Senior Secured 1
Interest Rate	[12]			13.20%
Principal				$ 1,065,032
Cost				981,214
Fair Value	[6]			$ 793,209
Investment, Identifier [Axis]: High Definition Vehicle Insurance, Inc., Senior Secured
Interest Rate	[11]	14.50%
Principal		$ 12,500,000
Cost		12,014,650
Fair Value	[3]	$ 12,014,650
Investment, Identifier [Axis]: High Definition Vehicle Insurance, Inc.., Senior Secured 1
Interest Rate	[12]			14.50%
Principal				$ 12,500,000
Cost				11,799,593
Fair Value	[6]			$ 11,799,593
Investment, Identifier [Axis]: Higher Ground Education, Inc., Senior Secured 1
Interest Rate		15%	[11]	15%	[12]
Principal		$ 9,857,847		$ 9,872,884
Cost		6,275,934		5,199,021
Fair Value		$ 6,275,934	[3]	$ 5,199,021	[6]
Investment, Identifier [Axis]: Higher Ground Education, Inc., Senior Secured 2
Interest Rate	[11]	15%
Principal		$ 4,934,096
Cost		3,410,001
Fair Value	[3]	$ 3,410,001
Investment, Identifier [Axis]: Higher Ground Education, Inc., Senior Secured 3
Interest Rate	[11]	15%
Principal		$ 4,930,365
Cost		4,930,365
Fair Value	[3]	$ 4,930,365
Investment, Identifier [Axis]: Hint, Inc., Senior Secured
Interest Rate		12%	[11]	12%	[12]
Principal		$ 2,408,347		$ 4,898,181
Cost		2,295,196		4,458,792
Fair Value		$ 2,295,196	[3]	$ 4,458,792	[6]
Investment, Identifier [Axis]: Hoken Holdings Inc., Senior Secured
Interest Rate		13%	[11]	13%	[12]
Principal		$ 439,073		$ 607,201
Cost		412,728		556,766
Fair Value		$ 412,728	[3]	$ 556,766	[6]
Investment, Identifier [Axis]: Holo, Inc., Senior Secured
Interest Rate	[11]	13.50%
Principal		$ 535,877
Cost		393,888
Fair Value	[3]	$ 393,888
Investment, Identifier [Axis]: Holo, Inc., Senior Secured 1
Interest Rate	[12]			15.50%
Principal				$ 486,194
Cost				472,810
Fair Value	[6]			$ 472,810
Investment, Identifier [Axis]: Holo, Inc., Senior Secured 2
Interest Rate	[12]			13.50%
Principal				$ 826,350
Cost				769,711
Fair Value	[6]			$ 769,711
Investment, Identifier [Axis]: Hyphen Technologies, Inc., Senior Secured
Interest Rate		11.50%	[11]	11.50%	[12]
Principal		$ 1,903,711		$ 2,737,343
Cost		1,858,863		2,644,141
Fair Value		$ 1,858,863	[3]	$ 2,644,141	[6]
Investment, Identifier [Axis]: Intuition Robotics, Inc., Senior Secured
Interest Rate		12%	[7],[8],[11]	12%	[9],[10],[12]
Principal		$ 1,261,768	[7],[8]	$ 1,982,991	[9],[10]
Cost		1,239,202	[7],[8]	1,927,316	[9],[10]
Fair Value		$ 1,239,202	[3],[7],[8]	$ 1,927,316	[6],[9],[10]
Investment, Identifier [Axis]: Ioogo Inc., Senior Secured
Interest Rate	[11]	13.50%
Principal		$ 4,830,303
Cost		4,616,297
Fair Value	[3]	$ 0
Investment, Identifier [Axis]: Ioogo Inc., Senior Secured 1
Interest Rate	[12]			13.50%
End of Term Payment	[14]			2%
Principal				$ 2,000,000
Cost				1,959,731
Fair Value	[6]			$ 1,959,731
Investment, Identifier [Axis]: Ioogo Inc., Senior Secured 2
Interest Rate	[12]			13.50%
End of Term Payment	[14]			2%
Principal				$ 3,000,000
Cost				2,827,101
Fair Value	[6]			$ 2,827,101
Investment, Identifier [Axis]: Jiko Group, Inc., Senior Secured
Interest Rate	[12]			12%
Principal				$ 985,378
Cost				971,851
Fair Value	[6]			$ 971,851
Investment, Identifier [Axis]: Journey Builders, Inc., Senior Secured 1
Interest Rate	[12]			12.50%
Principal				$ 942,299
Cost				901,246
Fair Value	[6]			$ 901,246
Investment, Identifier [Axis]: Joy Memories, Inc, Senior Secured 1
Interest Rate		12%	[11]	12%	[12]
End of Term Payment	[13]	7.60%
Principal		$ 5,646,130		$ 1,235,303
Cost		5,174,389		1,158,922
Fair Value		$ 5,174,389	[3]	$ 1,158,922	[6]
Investment, Identifier [Axis]: Joy Memories, Inc, Senior Secured 2
Interest Rate	[12]			12.80%
End of Term Payment	[14]			1.50%
Principal				$ 5,000,000
Cost				4,738,844
Fair Value	[6]			$ 4,738,844
Investment, Identifier [Axis]: Julie Products Inc., Senior Secured 1
Interest Rate		15.80%	[11]	15.30%	[12]
Principal		$ 303,015		$ 375,000
Cost		298,203		366,817
Fair Value		$ 298,203	[3]	$ 366,817	[6]
Investment, Identifier [Axis]: Julie Products Inc., Senior Secured 2
Interest Rate		13%	[11]	15.80%	[12]
Principal		$ 481,232		$ 375,000
Cost		467,349		366,153
Fair Value		$ 467,349	[3]	$ 366,153	[6]
Investment, Identifier [Axis]: Julie Products Inc., Senior Secured 3
Interest Rate		15.30%	[11]	13%	[12]
Principal		$ 277,119		$ 802,628
Cost		272,975		764,447
Fair Value		$ 272,975	[3]	$ 764,447	[6]
Investment, Identifier [Axis]: Juvo Mobile, Inc., Senior Secured 1
Interest Rate		12.50%	[8],[11]	15.50%	[10],[12]
End of Term Payment	[8],[13]	4.50%
Principal		$ 750,000	[8]	$ 500,000	[10]
Cost		666,522	[8]	489,833	[10]
Fair Value		$ 666,522	[3],[8]	$ 489,833	[6],[10]
Investment, Identifier [Axis]: Juvo Mobile, Inc., Senior Secured 2
Interest Rate		12.50%	[8],[11]	12.50%	[10],[12]
End of Term Payment	[8],[13]	4.90%
Principal		$ 2,000,000	[8]	$ 2,000,000	[10]
Cost		1,925,410	[8]	1,870,414	[10]
Fair Value		$ 1,925,410	[3],[8]	$ 1,870,414	[6],[10]
Investment, Identifier [Axis]: Juvo Mobile, Inc., Senior Secured 3
Interest Rate		12%	[8],[11]	12%	[10],[12]
Principal		$ 1,143,492	[8]	$ 1,500,000	[10]
Cost		1,108,813	[8]	1,436,390	[10]
Fair Value		$ 1,108,813	[3],[8]	$ 1,436,390	[6],[10]
Investment, Identifier [Axis]: Juvo Mobile, Inc., Senior Secured 4
Interest Rate	[8],[11]	15.50%
Principal	[8]	$ 385,218
Cost	[8]	379,605
Fair Value	[3],[8]	$ 379,605
Investment, Identifier [Axis]: KBS, Inc., Senior Secured
Interest Rate		14%	[11]	14%	[12]
Principal		$ 184,103		$ 250,000
Cost		173,296		229,967
Fair Value		$ 173,296	[3]	$ 229,967	[6]
Investment, Identifier [Axis]: Ketch Kloud, Inc., Senior Secured
Interest Rate		13%	[11]	13%	[12]
Principal		$ 6,931,112		$ 7,000,000
Cost		6,689,676		6,739,524
Fair Value		$ 6,689,676	[3]	$ 6,739,524	[6]
Investment, Identifier [Axis]: Kibeam Learning, Inc., Senior Secured
Interest Rate		11.50%	[11]	11.50%	[12]
Principal		$ 342,370		$ 656,577
Cost		335,728		633,002
Fair Value		$ 335,728	[3]	$ 633,002	[6]
Investment, Identifier [Axis]: Klar Holdings Limited, Senior Secured
Interest Rate		11.80%	[7],[8],[11]	11.80%	[9],[10],[12]
Principal		$ 1,983,725	[7],[8]	$ 3,455,849	[9],[10]
Cost		1,939,018	[7],[8]	3,323,072	[9],[10]
Fair Value		$ 1,939,018	[3],[7],[8]	$ 3,323,072	[6],[9],[10]
Investment, Identifier [Axis]: Kolors, Inc. , Senior Secured 2
Interest Rate	[7],[8],[11]	13.30%
End of Term Payment	[7],[8],[13]	2.50%
Principal	[7],[8]	$ 2,915,935
Cost	[7],[8]	2,794,205
Fair Value	[3],[7],[8]	$ 2,794,205
Investment, Identifier [Axis]: Kolors, Inc., Senior Secured
Interest Rate	[9],[10],[12]			13.30%
End of Term Payment	[9],[10],[14]			2.50%
Principal	[9],[10]			$ 3,000,000
Cost	[9],[10]			2,785,527
Fair Value	[6],[9],[10]			$ 2,785,527
Investment, Identifier [Axis]: Kolors, Inc., Senior Secured 1
Interest Rate	[7],[8],[11]	13.50%
End of Term Payment	[7],[8],[13]	2.50%
Principal	[7],[8]	$ 2,000,000
Cost	[7],[8]	1,960,160
Fair Value	[3],[7],[8]	$ 1,960,160
Investment, Identifier [Axis]: Kushki Group Holdings Ltd. , Senior Secured
Interest Rate	[7],[8],[11]	13%
Principal	[7],[8]	$ 9,718,837
Cost	[7],[8]	8,851,364
Fair Value	[3],[7],[8]	$ 8,851,364
Investment, Identifier [Axis]: Kushki Group Holdings Ltd., Senior Secured
Interest Rate	[9],[10],[12]			13%
Principal	[9],[10]			$ 10,000,000
Cost	[9],[10]			8,698,661
Fair Value	[6],[9],[10]			$ 8,698,661
Investment, Identifier [Axis]: Lacuna Technologies, Inc., Senior Secured
Interest Rate	[11]	12%
Principal		$ 3,432,568
Cost		3,240,601
Fair Value	[3]	$ 0
Investment, Identifier [Axis]: Lacuna Technologies, Inc., Senior Secured 1
Interest Rate	[12]			12%
Principal				$ 3,432,568
Cost				3,240,601
Fair Value	[6]			$ 0
Investment, Identifier [Axis]: Lassen Peak, Inc., Senior Secured
Interest Rate	[12]			11%
Principal				$ 109,199
Cost				107,258
Fair Value	[6]			$ 107,258
Investment, Identifier [Axis]: LendTable Inc., Senior Secured 1
Interest Rate		13.50%	[11]	14.80%	[12]
Principal		$ 1,280,911		$ 1,500,000
Cost		1,243,214		1,469,096
Fair Value		$ 1,243,214	[3]	$ 1,469,096	[6]
Investment, Identifier [Axis]: LendTable Inc., Senior Secured 2
Interest Rate		14.80%	[11]	13.50%	[12]
Principal		$ 1,243,568		$ 1,828,989
Cost		1,225,611		1,751,544
Fair Value		$ 1,225,611	[3]	$ 1,751,544	[6]
Investment, Identifier [Axis]: Literati, Inc., Senior Secured 1
Interest Rate	[12]			11.30%
Principal				$ 6,548,474
Cost				6,397,107
Fair Value	[6]			$ 6,397,107
Investment, Identifier [Axis]: Loansnap Holdings Inc., Senior Secured
Interest Rate		10.30%	[8],[11]	10.30%	[10],[12]
Principal		$ 3,669,060	[8]	$ 3,669,060	[10]
Cost		3,480,373	[8]	3,480,372	[10]
Fair Value		$ 1,876,123	[3],[8]	$ 2,352,928	[6],[10]
Investment, Identifier [Axis]: Logistech Solutions Pte. Ltd., Senior Secured 1
Interest Rate		11.50%	[7],[8],[11]	11.50%	[9],[10],[12]
Principal		$ 268,218	[7],[8]	$ 411,295	[9],[10]
Cost		244,829	[7],[8]	357,702	[9],[10]
Fair Value		$ 244,829	[3],[7],[8]	$ 357,702	[6],[9],[10]
Investment, Identifier [Axis]: Logistech Solutions Pte. Ltd., Senior Secured 2
Interest Rate		12.80%	[7],[8],[11]	12.80%	[9],[10],[12]
Principal		$ 855,090	[7],[8]	$ 1,000,000	[9],[10]
Cost		844,346	[7],[8]	981,817	[9],[10]
Fair Value		$ 844,346	[3],[7],[8]	$ 981,817	[6],[9],[10]
Investment, Identifier [Axis]: MAYD Group GmbH, Senior Secured
Interest Rate		13.80%	[7],[8],[11]	13.80%	[9],[10],[12]
Principal		$ 2,480,536	[7],[8]	$ 3,000,000	[9],[10]
Cost		2,271,204	[7],[8]	2,810,109	[9],[10]
Fair Value		$ 910,793	[3],[7],[8]	$ 2,810,109	[6],[9],[10]
Investment, Identifier [Axis]: Make Cents Technologies Inc., Senior Secured
Interest Rate	[12]			13.50%
Principal				$ 6,000,000
Cost				5,556,761
Fair Value	[6]			$ 5,556,761
Investment, Identifier [Axis]: Make Cents Technologies Inc., Senior Secured 1
Interest Rate	[11]	13.50%
Principal		$ 5,662,827
Cost		5,376,508
Fair Value	[3]	$ 5,376,508
Investment, Identifier [Axis]: Make Cents Technologies Inc., Senior Secured 2
Interest Rate	[11]	13.80%
Principal		$ 4,000,000
Cost		3,697,206
Fair Value	[3]	$ 3,697,206
Investment, Identifier [Axis]: Maker Wine Company, Senior Secured
Interest Rate		11.80%	[11]	11.80%	[12]
Principal		$ 92,810		$ 248,887
Cost		91,955		243,291
Fair Value		$ 91,955	[3]	$ 243,291	[6]
Investment, Identifier [Axis]: Markai Holdings, LLC, Senior Secured
Interest Rate		6.30%	[11]	6.30%	[12]
Principal		$ 868,452		$ 868,452
Cost		814,588		814,588
Fair Value		$ 24,757	[3]	$ 49,543	[6]
Investment, Identifier [Axis]: Mavenform, Inc., Senior Secured
Interest Rate		13.50%	[11]	13.50%	[12]
Principal		$ 4,046,035		$ 4,000,000
Cost		3,863,631		3,739,033
Fair Value		$ 3,532,073	[3]	$ 3,739,033	[6]
Investment, Identifier [Axis]: Mazen Animal Health Inc., Senior Secured
Interest Rate		14.30%	[11]	14.30%	[12]
Principal		$ 3,190,750		$ 4,000,000
Cost		3,086,768		3,816,533
Fair Value		$ 3,086,768	[3]	$ 3,816,533	[6]
Investment, Identifier [Axis]: Merlin Labs, Inc., Senior Secured 1
Interest Rate	[11]	13.50%
End of Term Payment	[13]	3.50%
Principal		$ 12,500,000
Cost		10,953,224
Fair Value	[3]	$ 10,953,224
Investment, Identifier [Axis]: Merlin Labs, Inc., Senior Secured 2
Interest Rate	[11]	13.50%
End of Term Payment	[13]	2.90%
Principal		$ 12,500,000
Cost		12,051,558
Fair Value	[3]	$ 12,051,558
Investment, Identifier [Axis]: Merlyn Mind, Inc., Senior Secured
Interest Rate	[12]			13.80%
Principal				$ 10,000,000
Cost				9,465,482
Fair Value	[6]			$ 9,465,482
Investment, Identifier [Axis]: Merlyn Mind, Inc., Senior Secured 1
Interest Rate	[11]	13.80%
Principal		$ 10,000,000
Cost		9,638,587
Fair Value	[3]	$ 9,638,587
Investment, Identifier [Axis]: Merlyn Mind, Inc., Senior Secured 2
Interest Rate	[11]	12.50%
Principal		$ 7,500,000
Cost		5,705,620
Fair Value	[3]	$ 5,705,620
Investment, Identifier [Axis]: Merlyn Mind, Inc., Senior Secured 3
Interest Rate	[11]	12.50%
Principal		$ 7,500,000
Cost		7,499,996
Fair Value	[3]	$ 7,499,996
Investment, Identifier [Axis]: Miami Labs, Inc., Senior Secured
Interest Rate		13.30%	[11]	13.30%	[12]
Principal		$ 6,387,929		$ 7,500,000
Cost		6,206,977		7,162,069
Fair Value		$ 6,206,977	[3]	$ 7,162,069	[6]
Investment, Identifier [Axis]: Migo Money, Inc., Senior Secured
Interest Rate		11.50%	[7],[8],[11]	11.50%	[9],[10],[12]
Principal		$ 1,210,106	[7],[8]	$ 1,318,612	[9],[10]
Cost		1,240,474	[7],[8]	1,348,980	[9],[10]
Fair Value		$ 728,914	[3],[7],[8]	$ 509,952	[6],[9],[10]
Investment, Identifier [Axis]: Minded, Inc., Senior Secured
Interest Rate		10.50%	[11]	10.50%	[12]
Principal		$ 1,357,150		$ 1,357,150
Cost		1,142,275		1,142,275
Fair Value		$ 0	[3]	$ 0	[6]
Investment, Identifier [Axis]: Modern Animal, Inc., Senior Secured 1
Interest Rate	[11]	12.80%
Principal		$ 5,000,000
Cost		4,316,665
Fair Value	[3]	$ 4,316,665
Investment, Identifier [Axis]: Modern Animal, Inc., Senior Secured 2
Interest Rate	[11]	12.80%
Principal		$ 15,000,000
Cost		14,658,053
Fair Value	[3]	$ 14,658,053
Investment, Identifier [Axis]: NeoSensory, Inc., Senior Secured
Interest Rate	[11]	14%
Principal		$ 750,000
Cost		496,042
Fair Value	[3]	$ 496,042
Investment, Identifier [Axis]: NewGlobe Education, Inc. , Senior Secured 1
Interest Rate	[7],[8],[11]	12.50%
Principal	[7],[8]	$ 1,132,844
Cost	[7],[8]	1,126,608
Fair Value	[3],[7],[8]	$ 1,126,608
Investment, Identifier [Axis]: NewGlobe Education, Inc. , Senior Secured 2
Interest Rate	[7],[8],[11]	12.50%
End of Term Payment	[7],[8],[13]	4.60%
Principal	[7],[8]	$ 25,000,000
Cost	[7],[8]	23,154,037
Fair Value	[3],[7],[8]	$ 23,154,037
Investment, Identifier [Axis]: NewGlobe Education, Inc., Senior Secured
Interest Rate	[9],[10],[12]			12.50%
Principal	[9],[10]			$ 4,327,530
Cost	[9],[10]			4,251,939
Fair Value	[6],[9],[10]			$ 4,251,939
Investment, Identifier [Axis]: Nextivity, Inc., Senior Secured 1
Interest Rate	[11]	12.50%
End of Term Payment	[13]	8.40%
Principal		$ 2,000,000
Cost		2,000,277
Fair Value	[3]	$ 2,000,277
Investment, Identifier [Axis]: Nextivity, Inc., Senior Secured 2
Interest Rate	[11]	12.50%
End of Term Payment	[13]	8.40%
Principal		$ 8,000,000
Cost		7,157,528
Fair Value	[3]	$ 7,157,528
Investment, Identifier [Axis]: NopSec Inc., Senior Secured
Interest Rate		12%	[11]	12%	[12]
Principal		$ 246,795		$ 767,446
Cost		245,058		752,670
Fair Value		$ 245,058	[3]	$ 752,670	[6]
Investment, Identifier [Axis]: Ocho Holdings Co., Senior Secured
Interest Rate	[11]	11.30%
End of Term Payment	[13]	44.10%
Principal		$ 150,239
Cost		332,263
Fair Value	[3]	$ 332,263
Investment, Identifier [Axis]: Ocho Holdings Co., Senior Secured 1
Interest Rate	[12]			11.30%
Principal				$ 482,259
Cost				499,616
Fair Value	[6]			$ 499,616
Investment, Identifier [Axis]: Ocurate, Inc., Senior Secured
Interest Rate	[11]	11.50%
End of Term Payment	[13]	25.90%
Principal		$ 638,958
Cost		695,716
Fair Value	[3]	$ 150,000
Investment, Identifier [Axis]: Ocurate, Inc., Senior Secured 1
Interest Rate	[12]			11.50%
Principal				$ 380,556
Cost				367,489
Fair Value	[6]			$ 367,489
Investment, Identifier [Axis]: Ocurate, Inc., Senior Secured 2
Interest Rate	[12]			11.50%
Principal				$ 380,556
Cost				376,163
Fair Value	[6]			$ 376,163
Investment, Identifier [Axis]: OneLocal, Inc., Senior Secured
Interest Rate		12%	[7],[8],[11]	12%	[9],[10],[12]
Principal		$ 617,912	[7],[8]	$ 859,047	[9],[10]
Cost		611,107	[7],[8]	833,541	[9],[10]
Fair Value		$ 611,107	[3],[7],[8]	$ 833,541	[6],[9],[10]
Investment, Identifier [Axis]: Open Inc., Senior Secured 1
Interest Rate		13.50%	[11]	13.50%	[12]
Principal		$ 320,228		$ 457,247
Cost		309,929		436,107
Fair Value		$ 309,929	[3]	$ 436,107	[6]
Investment, Identifier [Axis]: Open Inc., Senior Secured 2
Interest Rate		14.80%	[11]	14.80%	[12]
Principal		$ 322,057		$ 457,878
Cost		318,790		451,414
Fair Value		$ 318,790	[3]	$ 451,414	[6]
Investment, Identifier [Axis]: Overalls, Inc., Senior Secured 1
Interest Rate	[12]			13.50%
Principal				$ 471,719
Cost				442,548
Fair Value	[6]			$ 442,548
Investment, Identifier [Axis]: Overalls, Inc., Senior Secured 2
Interest Rate	[12]			15.50%
Principal				$ 236,209
Cost				236,209
Fair Value	[6]			$ 236,209
Investment, Identifier [Axis]: Overdrive Products Inc., Senior Secured
Interest Rate	[11]	13.50%
Principal		$ 500,000
Cost		335,599
Fair Value	[3]	$ 335,599
Investment, Identifier [Axis]: Owlet Baby Care, Inc., Senior Secured
Interest Rate	[8],[11]	12%
End of Term Payment	[8],[13]	7.80%
Principal	[8]	$ 5,625,000
Cost	[8]	4,164,495
Fair Value	[3],[8]	$ 4,164,495
Investment, Identifier [Axis]: Parkoursc, Inc., Senior Secured
Interest Rate	[12]			12.80%
End of Term Payment	[14]			1%
Principal				$ 3,000,000
Cost				2,850,212
Fair Value	[6]			$ 2,850,212
Investment, Identifier [Axis]: Parkoursc, Inc., Senior Secured 1
Interest Rate	[11]	12.80%
End of Term Payment	[13]	1%
Principal		$ 2,367,476
Cost		2,289,768
Fair Value	[3]	$ 2,289,768
Investment, Identifier [Axis]: Parkoursc, Inc., Senior Secured 2
Interest Rate	[11]	13%
Principal		$ 1,000,000
Cost		905,199
Fair Value	[3]	$ 905,199
Investment, Identifier [Axis]: Pixalate, Inc., Senior Secured 1
Interest Rate	[12]			13%
End of Term Payment	[14]			2.50%
Principal				$ 1,000,000
Cost				1,001,347
Fair Value	[6]			$ 1,001,347
Investment, Identifier [Axis]: Pixalate, Inc., Senior Secured 2
Interest Rate	[12]			12.80%
End of Term Payment	[14]			2.50%
Principal				$ 1,000,000
Cost				855,173
Fair Value	[6]			$ 855,173
Investment, Identifier [Axis]: Plant Prefab, Inc., Senior Secured
Interest Rate		12.40%	[11]	12.40%	[12]
Principal		$ 1,231,222		$ 1,236,363
Cost		1,141,186		1,174,111
Fair Value		$ 1,057,994	[3]	$ 1,174,111	[6]
Investment, Identifier [Axis]: PlantBaby, Inc., Senior Secured 1
Interest Rate	[11]	12%
Principal		$ 74,232
Cost		72,261
Fair Value	[3]	$ 72,261
Investment, Identifier [Axis]: PlantBaby, Inc., Senior Secured 2
Interest Rate	[11]	12%
Principal		$ 58,863
Cost		58,174
Fair Value	[3]	$ 58,174
Investment, Identifier [Axis]: PlantBaby, Inc., Senior Secured 3
Interest Rate	[11]	13.80%
Principal		$ 72,074
Cost		67,105
Fair Value	[3]	$ 67,105
Investment, Identifier [Axis]: PlantBaby, Inc., Senior Secured 4
Interest Rate	[11]	14.30%
Principal		$ 88,232
Cost		86,215
Fair Value	[3]	$ 86,215
Investment, Identifier [Axis]: PlantBaby, Inc., Senior Secured 5
Interest Rate	[11]	12%
Principal		$ 45,936
Cost		45,511
Fair Value	[3]	$ 45,511
Investment, Identifier [Axis]: PlantBaby, inc., Senior Secured 1
Interest Rate	[12]			12%
Principal				$ 83,466
Cost				82,084
Fair Value	[6]			$ 82,084
Investment, Identifier [Axis]: PlantBaby, inc., Senior Secured 2
Interest Rate	[12]			12%
Principal				$ 95,285
Cost				93,485
Fair Value	[6]			$ 93,485
Investment, Identifier [Axis]: PlantBaby, inc., Senior Secured 3
Interest Rate	[12]			14.30%
Principal				$ 121,495
Cost				117,614
Fair Value	[6]			$ 117,614
Investment, Identifier [Axis]: PlantBaby, inc., Senior Secured 4
Interest Rate	[12]			13.80%
Principal				$ 107,087
Cost				96,231
Fair Value	[6]			$ 96,231
Investment, Identifier [Axis]: PlantBaby, inc., Senior Secured 5
Interest Rate	[12]			12%
Principal				$ 150,836
Cost				143,047
Fair Value	[6]			$ 143,047
Investment, Identifier [Axis]: Platform Science, Inc., Senior Secured 1
Interest Rate		12.50%	[11]	12.50%	[12]
Principal		$ 3,187,590		$ 4,421,154
Cost		3,158,500		4,179,690
Fair Value		$ 3,158,500	[3]	$ 4,179,690	[6]
Investment, Identifier [Axis]: Platform Science, Inc., Senior Secured 2
Interest Rate		12.50%	[11]	12.50%	[12]
Principal		$ 3,026,423		$ 4,567,377
Cost		2,913,349		4,506,939
Fair Value		$ 2,913,349	[3]	$ 4,506,939	[6]
Investment, Identifier [Axis]: PrecisionOS Technology Inc. , Senior Secured
Interest Rate	[7],[8],[11]	12%
Principal	[7],[8]	$ 367,485
Cost	[7],[8]	360,024
Fair Value	[3],[7],[8]	$ 360,024
Investment, Identifier [Axis]: PrecisionOS Technology Inc., Senior Secured
Interest Rate	[9],[10],[12]			12%
Principal	[9],[10]			$ 667,730
Cost	[9],[10]			643,612
Fair Value	[6],[9],[10]			$ 643,612
Investment, Identifier [Axis]: Prima Holdings Limited, Senior Secured
Interest Rate	[7],[8],[11]	13%
End of Term Payment	[7],[8],[13]	2%
Principal	[7],[8]	$ 3,000,000
Cost	[7],[8]	2,686,977
Fair Value	[3],[7],[8]	$ 2,686,977
Investment, Identifier [Axis]: Proto, Inc., Senior Secured 1
Interest Rate		12.80%	[11]	12.50%	[12]
Principal		$ 650,711		$ 1,049,740
Cost		650,710		1,001,516
Fair Value		$ 650,710	[3]	$ 1,001,516	[6]
Investment, Identifier [Axis]: Proto, Inc., Senior Secured 2
Interest Rate		12.50%	[11]	12.80%	[12]
Principal		$ 649,637		$ 1,050,540
Cost		631,020		1,050,539
Fair Value		$ 631,020	[3]	$ 1,050,539	[6]
Investment, Identifier [Axis]: Quantcast Corp., Senior Secured
Interest Rate		12%	[11]	12%	[12]
Principal		$ 9,529,103		$ 12,500,000
Cost		9,134,951		11,779,146
Fair Value		$ 9,134,951	[3]	$ 11,779,146	[6]
Investment, Identifier [Axis]: Ratio Technologies, Inc., Senior Secured 1
Interest Rate		11%	[11]	11%	[12]
Principal		$ 141,842		$ 180,104
Cost		122,867		149,795
Fair Value		$ 122,867	[3]	$ 149,795	[6]
Investment, Identifier [Axis]: Ratio Technologies, Inc., Senior Secured 2
Interest Rate		11%	[11]	11%	[12]
Principal		$ 937,577		$ 430,449
Cost		927,361		424,310
Fair Value		$ 927,361	[3]	$ 424,310	[6]
Investment, Identifier [Axis]: Ratio Technologies, Inc., Senior Secured 3
Interest Rate		11%	[11]	11%	[12]
Principal		$ 339,003		$ 1,190,488
Cost		335,259		1,173,736
Fair Value		$ 335,259	[3]	$ 1,173,736	[6]
Investment, Identifier [Axis]: Reali Inc., Senior Secured
Interest Rate		12.50%	[11]	12.50%	[12]
Principal		$ 3,586,031		$ 3,586,031
Cost		2,630,866		2,630,866
Fair Value		$ 7,322	[3]	$ 7,322	[6]
Investment, Identifier [Axis]: Realm Living, Inc., Senior Secured
Interest Rate	[12]			13%
Principal				$ 3,886,089
Cost				3,734,520
Fair Value	[6]			$ 3,734,520
Investment, Identifier [Axis]: Realm Living, Inc., Senior Secured 1
Interest Rate	[11]	13%
Principal		$ 2,810,069
Cost		2,731,631
Fair Value	[3]	$ 2,731,631
Investment, Identifier [Axis]: Realm Living, Inc., Senior Secured 2
Interest Rate	[11]	12.50%
Principal		$ 1,500,000
Cost		1,392,166
Fair Value	[3]	$ 1,392,166
Investment, Identifier [Axis]: RenoFi, Inc., Senior Secured 1
Interest Rate	[12]			11.50%
Principal				$ 988,490
Cost				929,802
Fair Value	[6]			$ 929,802
Investment, Identifier [Axis]: RenoFi, Inc., Senior Secured 2
Interest Rate	[12]			11.50%
Principal				$ 1,082,499
Cost				1,070,622
Fair Value	[6]			$ 1,070,622
Investment, Identifier [Axis]: RetailerX, Inc., Senior Secured
Interest Rate	[11]	11%
Principal		$ 7,479,619
Cost		7,516,455
Fair Value	[3]	$ 7,516,455
Investment, Identifier [Axis]: RetailerX, Inc., Senior Secured 1
Interest Rate	[12]			11%
Principal				$ 3,834,495
Cost				3,656,561
Fair Value	[6]			$ 3,656,561
Investment, Identifier [Axis]: RetailerX, Inc., Senior Secured 2
Interest Rate	[12]			10%
End of Term Payment	[14]			100%
Principal				$ 3,654,343
Cost				3,654,343
Fair Value	[6]			$ 3,654,343
Investment, Identifier [Axis]: Ripple Foods, PBC, Senior Secured
Interest Rate	[12]			12%
End of Term Payment	[14]			2.50%
Principal				$ 6,000,000
Cost				5,181,739
Fair Value	[6]			$ 5,181,739
Investment, Identifier [Axis]: Ripple Foods, PBC, Senior Secured 1
Interest Rate	[11]	12%
End of Term Payment	[13]	2.50%
Principal		$ 6,000,000
Cost		5,520,063
Fair Value	[3]	$ 5,520,063
Investment, Identifier [Axis]: Ripple Foods, PBC, Senior Secured 2
Interest Rate	[11]	12%
End of Term Payment	[13]	2.50%
Principal		$ 4,000,000
Cost		3,860,265
Fair Value	[3]	$ 3,860,265
Investment, Identifier [Axis]: Rise Gardens, Inc., Senior Secured
Interest Rate	[11]	11.80%
Principal		$ 1,380,944
Cost		1,201,703
Fair Value	[3]	$ 616,757
Investment, Identifier [Axis]: Rise Gardens, Inc., Senior Secured 1
Interest Rate	[12]			11.80%
Principal				$ 500,000
Cost				491,113
Fair Value	[6]			$ 343,183
Investment, Identifier [Axis]: Rise Gardens, Inc., Senior Secured 2
Interest Rate	[12]			11.80%
Principal				$ 792,662
Cost				769,831
Fair Value	[6]			$ 537,948
Investment, Identifier [Axis]: Romaine Empire, Inc., Senior Secured
Interest Rate	[11]	13.50%
End of Term Payment	[13]	4.10%
Principal		$ 8,887,530
Cost		8,717,489
Fair Value	[3]	$ 8,717,489
Investment, Identifier [Axis]: Romaine Empire, Inc., Senior Secured 1
Interest Rate	[12]			13.50%
Principal				$ 8,887,530
Cost				8,586,100
Fair Value	[6]			$ 8,586,100
Investment, Identifier [Axis]: Runzy, Inc., Senior Secured 1
Interest Rate		14.30%	[11]	14.50%	[12]
Principal		$ 233,098		$ 250,000
Cost		226,682		247,977
Fair Value		$ 226,682	[3]	$ 247,977	[6]
Investment, Identifier [Axis]: Runzy, Inc., Senior Secured 2
Interest Rate		14.50%	[11]	14.30%	[12]
Principal		$ 244,491		$ 250,000
Cost		243,067		240,589
Fair Value		$ 243,067	[3]	$ 240,589	[6]
Investment, Identifier [Axis]: SISU Aesthetics Clinic, Inc., Senior Secured 1
Interest Rate		14%	[7],[8],[11]	14%	[9],[10],[12]
Principal		$ 528,895	[7],[8]	$ 728,903	[9],[10]
Cost		526,108	[7],[8]	723,510	[9],[10]
Fair Value		$ 526,108	[3],[7],[8]	$ 723,510	[6],[9],[10]
Investment, Identifier [Axis]: SISU Aesthetics Clinic, Inc., Senior Secured 2
Interest Rate		13.50%	[7],[8],[11]	13.50%	[9],[10],[12]
Principal		$ 672,463	[7],[8]	$ 943,438	[9],[10]
Cost		656,983	[7],[8]	912,621	[9],[10]
Fair Value		$ 656,983	[3],[7],[8]	$ 912,621	[6],[9],[10]
Investment, Identifier [Axis]: Safe Securities Inc., Senior Secured 1
Interest Rate		12.30%	[11]	12.30%	[12]
End of Term Payment	[14]			1%
Principal		$ 4,000,000		$ 3,000,000
Cost		3,904,054		2,932,149
Fair Value		$ 3,904,054	[3]	$ 2,932,149	[6]
Investment, Identifier [Axis]: Safe Securities Inc., Senior Secured 2
Interest Rate		12.30%	[11]	12.30%	[12]
End of Term Payment		1%	[13]	1%	[14]
Principal		$ 3,000,000		$ 3,000,000
Cost		2,791,056		2,705,481
Fair Value		$ 2,791,056	[3]	$ 2,705,481	[6]
Investment, Identifier [Axis]: Safe Securities Inc., Senior Secured 3
Interest Rate	[11]	12.30%
End of Term Payment	[13]	1%
Principal		$ 3,000,000
Cost		2,957,759
Fair Value	[3]	$ 2,957,759
Investment, Identifier [Axis]: Scaleup Finance Group ApS, Senior Secured 1
Interest Rate		15%	[7],[8],[11]	15%	[9],[10],[12]
Principal		$ 923,651	[7],[8]	$ 1,250,000	[9],[10]
Cost		873,546	[7],[8]	1,157,448	[9],[10]
Fair Value		$ 873,546	[3],[7],[8]	$ 1,157,448	[6],[9],[10]
Investment, Identifier [Axis]: Scaleup Finance Group ApS, Senior Secured 2
Interest Rate		15.80%	[7],[8],[11]	15.80%	[9],[10],[12]
Principal		$ 1,181,796	[7],[8]	$ 1,250,000	[9],[10]
Cost		1,160,127	[7],[8]	1,216,529	[9],[10]
Fair Value		$ 1,160,127	[3],[7],[8]	$ 1,216,529	[6],[9],[10]
Investment, Identifier [Axis]: Scripta Insights, Inc., Senior Secured 1
Interest Rate		12%	[11]	12%	[12]
Principal		$ 515,656		$ 1,127,995
Cost		509,753		1,101,197
Fair Value		$ 509,753	[3]	$ 1,101,197	[6]
Investment, Identifier [Axis]: Scripta Insights, Inc., Senior Secured 2
Interest Rate		12%	[11]	12%	[12]
Principal		$ 128,971		$ 282,123
Cost		128,273		278,940
Fair Value		$ 128,273	[3]	$ 278,940	[6]
Investment, Identifier [Axis]: Semsee Corp., Senior Secured
Interest Rate		14.30%	[11]	14.30%	[12]
End of Term Payment		1%	[13]	1%	[14]
Principal		$ 2,833,056		$ 3,000,000
Cost		2,683,400		2,727,884
Fair Value		$ 2,683,400	[3]	$ 2,727,884	[6]
Investment, Identifier [Axis]: Sonatus, Inc, Senior Secured 1
Interest Rate		12.50%	[11]	12.50%	[12]
Principal		$ 566,400		$ 4,075,074
Cost		561,334		3,927,011
Fair Value		$ 561,334	[3]	$ 3,927,011	[6]
Investment, Identifier [Axis]: Sonatus, Inc, Senior Secured 2
Interest Rate		12.50%	[11]	12.50%	[12]
Principal		$ 2,664,319		$ 2,163,681
Cost		2,600,801		2,102,587
Fair Value		$ 2,600,801	[3]	$ 2,102,587	[6]
Investment, Identifier [Axis]: State Affairs, Inc., Senior Secured 1
Interest Rate		13.80%	[11]	14%	[12]
Principal		$ 968,476		$ 1,500,000
Cost		954,636		1,464,453
Fair Value		$ 954,636	[3]	$ 1,464,453	[6]
Investment, Identifier [Axis]: State Affairs, Inc., Senior Secured 2
Interest Rate		13.80%	[11]	13.80%	[12]
Principal		$ 936,559		$ 1,000,000
Cost		869,734		977,932
Fair Value		$ 869,734	[3]	$ 977,932	[6]
Investment, Identifier [Axis]: State Affairs, Inc., Senior Secured 3
Interest Rate		14%	[11]	13.80%	[12]
Principal		$ 1,500,000		$ 1,000,000
Cost		1,476,432		891,906
Fair Value		$ 1,476,432	[3]	$ 891,906	[6]
Investment, Identifier [Axis]: Sun Day Carwash, Inc., Senior Secured 1
Interest Rate		13.50%	[11]	13.50%	[12]
End of Term Payment		2%	[13]	2%	[14]
Principal		$ 1,887,536		$ 2,000,000
Cost		1,868,549		1,951,873
Fair Value		$ 1,868,549	[3]	$ 1,951,873	[6]
Investment, Identifier [Axis]: Sun Day Carwash, Inc., Senior Secured 2
Interest Rate		13.50%	[11]	13.50%	[12]
End of Term Payment		2%	[13]	2%	[14]
Principal		$ 3,775,072		$ 4,000,000
Cost		3,616,661		3,719,925
Fair Value		$ 3,616,661	[3]	$ 3,719,925	[6]
Investment, Identifier [Axis]: Supplant, Inc. , Senior Secured 1
Interest Rate	[7],[8],[11]	16%
Principal	[7],[8]	$ 458,715
Cost	[7],[8]	452,053
Fair Value	[3],[7],[8]	$ 452,053
Investment, Identifier [Axis]: Supplant, Inc. , Senior Secured 2
Interest Rate	[7],[8],[11]	13%
Principal	[7],[8]	$ 1,529,322
Cost	[7],[8]	1,484,096
Fair Value	[3],[7],[8]	$ 1,484,096
Investment, Identifier [Axis]: Supplant, Inc., Senior Secured 1
Interest Rate	[9],[10],[12]			16%
Principal	[9],[10]			$ 500,000
Cost	[9],[10]			489,453
Fair Value	[6],[9],[10]			$ 489,453
Investment, Identifier [Axis]: Supplant, Inc., Senior Secured 2
Interest Rate	[9],[10],[12]			13%
Principal	[9],[10]			$ 2,000,000
Cost	[9],[10]			1,917,423
Fair Value	[6],[9],[10]			$ 1,917,423
Investment, Identifier [Axis]: Surround Group, Inc., Senior Secured
Interest Rate		14.30%	[11]	14.30%	[12]
Principal		$ 402,094		$ 943,965
Cost		351,756		896,488
Fair Value		$ 0	[3]	$ 896,488	[6]
Investment, Identifier [Axis]: TLNT Inc., Senior Secured
Interest Rate	[11]	15%
Principal		$ 1,068,549
Cost		1,011,697
Fair Value	[3]	$ 0
Investment, Identifier [Axis]: TLNT Inc., Senior Secured 1
Interest Rate	[12]			15.30%
Principal				$ 312,500
Cost				305,936
Fair Value	[6]			$ 191,458
Investment, Identifier [Axis]: TLNT Inc., Senior Secured 2
Interest Rate	[12]			15.80%
Principal				$ 312,500
Cost				304,453
Fair Value	[6]			$ 190,530
Investment, Identifier [Axis]: TLNT Inc., Senior Secured 3
Interest Rate	[12]			14.30%
Principal				$ 353,987
Cost				325,391
Fair Value	[6]			$ 203,633
Investment, Identifier [Axis]: TLNT Inc., Senior Secured 4
Interest Rate	[12]			14.80%
Principal				$ 118,039
Cost				115,911
Fair Value	[6]			$ 72,539
Investment, Identifier [Axis]: Techspert.IO Limited, Senior Secured 1
Interest Rate		14.80%	[7],[8],[11]	14.80%	[9],[10],[12]
Principal		$ 1,750,000	[7],[8]	$ 1,750,000	[9],[10]
Cost		1,718,247	[7],[8]	1,703,039	[9],[10]
Fair Value		$ 1,718,247	[3],[7],[8]	$ 1,703,039	[6],[9],[10]
Investment, Identifier [Axis]: Techspert.IO Limited, Senior Secured 2
Interest Rate		13.80%	[7],[8],[11]	13.80%	[9],[10],[12]
Principal		$ 1,287,623	[7],[8]	$ 1,750,000	[9],[10]
Cost		1,238,249	[7],[8]	1,657,848	[9],[10]
Fair Value		$ 1,238,249	[3],[7],[8]	$ 1,657,848	[6],[9],[10]
Investment, Identifier [Axis]: Terradepth, Inc., Senior Secured
Interest Rate		11.50%	[11]	11.50%	[12]
Principal		$ 4,964,515		$ 5,152,734
Cost		4,663,907		4,821,317
Fair Value		$ 4,663,907	[3]	$ 4,821,317	[6]
Investment, Identifier [Axis]: TheSquareFoot, Inc., Senior Secured
Interest Rate		18%	[11]	18%	[12]
Principal		$ 628,478		$ 628,478
Cost		325,058		325,058
Fair Value		$ 0	[3]	$ 0	[6]
Investment, Identifier [Axis]: Threedium Ltd., Senior Secured
Interest Rate	[7],[8],[11]	13.30%
Principal	[7],[8]	$ 1,000,000
Cost	[7],[8]	795,866
Fair Value	[3],[7],[8]	$ 795,866
Investment, Identifier [Axis]: Titan Health & Security Technologies, Inc., Senior Secured
Interest Rate		12%	[11]	12%	[12]
Principal		$ 603,234		$ 1,048,969
Cost		593,002		1,018,428
Fair Value		$ 593,002	[3]	$ 1,018,428	[6]
Investment, Identifier [Axis]: TomoCredit, Inc., Senior Secured 1
Interest Rate		11.50%	[11]	11.50%	[12]
Principal		$ 490,501		$ 940,786
Cost		480,489		940,786
Fair Value		$ 480,489	[3]	$ 940,786	[6]
Investment, Identifier [Axis]: TomoCredit, Inc., Senior Secured 2
Interest Rate		13.80%	[11]	13.80%	[12]
Principal		$ 3,000,000		$ 3,000,000
Cost		2,894,481		2,847,196
Fair Value		$ 2,894,481	[3]	$ 2,847,196	[6]
Investment, Identifier [Axis]: TomoCredit, Inc., Senior Secured 3
Interest Rate		11.50%	[11]	11.50%	[12]
Principal		$ 490,570		$ 940,655
Cost		490,570		905,134
Fair Value		$ 490,570	[3]	$ 905,134	[6]
Investment, Identifier [Axis]: Traction Apps, Inc., Senior Secured
Interest Rate		12%	[7],[8],[11]	12%	[9],[10],[12]
Principal		$ 669,230	[7],[8]	$ 676,801	[9],[10]
Cost		687,621	[7],[8]	650,923	[9],[10]
Fair Value		$ 420,442	[3],[7],[8]	$ 650,923	[6],[9],[10]
Investment, Identifier [Axis]: Truepic Inc., Senior Secured
Interest Rate	[11]	12.30%
Principal		$ 750,000
Cost		561,273
Fair Value	[3]	$ 561,273
Investment, Identifier [Axis]: UCM Digital Health, Inc., Senior Secured
Interest Rate		12.50%	[11]	12.50%	[12]
Principal		$ 1,298,906		$ 1,482,990
Cost		1,219,569		1,399,404
Fair Value		$ 1,219,569	[3]	$ 1,399,404	[6]
Investment, Identifier [Axis]: Ukko Inc., Senior Secured
Interest Rate		11.50%	[11]	11.50%	[12]
Principal		$ 2,444,684		$ 3,398,473
Cost		2,370,050		3,253,318
Fair Value		$ 2,370,050	[3]	$ 3,253,318	[6]
Investment, Identifier [Axis]: Umbra Lab, Inc., Senior Secured 1
Interest Rate		13.50%	[11]	13.50%	[12]
Principal		$ 3,362,317		$ 4,717,188
Cost		3,295,205		4,583,466
Fair Value		$ 3,295,205	[3]	$ 4,583,466	[6]
Investment, Identifier [Axis]: Umbra Lab, Inc., Senior Secured 2
Interest Rate		15.30%	[11]	15.30%	[12]
Principal		$ 5,154,792		$ 6,000,000
Cost		5,016,334		5,769,174
Fair Value		$ 5,016,334	[3]	$ 5,769,174	[6]
Investment, Identifier [Axis]: Umbra Lab, Inc., Senior Secured 3
Interest Rate	[11]	13.50%
Principal		$ 7,500,000
Cost		7,076,630
Fair Value	[3]	$ 7,076,630
Investment, Identifier [Axis]: Vesta Housing, Inc., Senior Secured 1
Interest Rate		11.80%	[11]	11.80%	[12]
Principal		$ 861,184		$ 1,178,533
Cost		848,881		1,113,412
Fair Value		$ 848,881	[3]	$ 1,113,412	[6]
Investment, Identifier [Axis]: Vesta Housing, Inc., Senior Secured 2
Interest Rate		11.80%	[11]	11.80%	[12]
Principal		$ 861,184		$ 1,178,533
Cost		826,607		1,155,197
Fair Value		$ 826,607	[3]	$ 1,155,197	[6]
Investment, Identifier [Axis]: Vesta Housing, Inc., Senior Secured 3
Interest Rate	[11]	15%
End of Term Payment	[13]	2%
Principal		$ 2,250,000
Cost		2,041,288
Fair Value	[3]	$ 2,041,288
Investment, Identifier [Axis]: Vinvesto, Inc., Senior Secured 1
Interest Rate		14.80%	[11]	15%	[12]
Principal		$ 176,798		$ 243,054
Cost		166,309		243,054
Fair Value		$ 166,309	[3]	$ 243,054	[6]
Investment, Identifier [Axis]: Vinvesto, Inc., Senior Secured 2
Interest Rate		15%	[11]	14.80%	[12]
Principal		$ 176,964		$ 243,033
Cost		176,964		223,116
Fair Value		$ 176,964	[3]	$ 223,116	[6]
Investment, Identifier [Axis]: Virtuix Holdings, Inc., Senior Secured
Interest Rate		12.30%	[11]	12.30%	[12]
Principal		$ 218,838		$ 365,971
Cost		216,172		358,553
Fair Value		$ 216,172	[3]	$ 358,553	[6]
Investment, Identifier [Axis]: Wellth, Inc., Senior Secured 1
Interest Rate	[12]			12%
Principal				$ 423,265
Cost				416,804
Fair Value	[6]			$ 416,804
Investment, Identifier [Axis]: Wellth, Inc., Senior Secured 2
Interest Rate	[12]			12%
Principal				$ 705,341
Cost				676,303
Fair Value	[6]			$ 676,303
Investment, Identifier [Axis]: Wildxyz, Inc., Senior Secured
Interest Rate		12.80%	[11]	12.80%	[12]
End of Term Payment		8.30%	[13]	4.70%	[14]
Principal		$ 2,000,000		$ 2,000,000
Cost		1,967,066		1,898,870
Fair Value		$ 1,967,066	[3]	$ 1,898,870	[6]
Investment, Identifier [Axis]: WorkRails, Inc., Senior Secured
Interest Rate		12%	[11]	12%	[12]
Principal		$ 417,122		$ 455,117
Cost		288,063		369,727
Fair Value		$ 288,063	[3]	$ 68,278	[6]
Investment, Identifier [Axis]: World Wrapps II, Inc., Senior Secured 1
Interest Rate		12.50%	[11]	12.50%	[12]
End of Term Payment		9.10%	[13]	9.10%	[14]
Principal		$ 600,000		$ 600,000
Cost		470,698		418,147
Fair Value		$ 470,698	[3]	$ 418,147	[6]
Investment, Identifier [Axis]: World Wrapps II, Inc., Senior Secured 2
Interest Rate		12.50%	[11]	12.50%	[12]
End of Term Payment		8.40%	[13]	8.40%	[14]
Principal		$ 400,000		$ 400,000
Cost		407,209		399,444
Fair Value		$ 407,209	[3]	$ 399,444	[6]
Investment, Identifier [Axis]: Yuva Biosciences, Inc., Senior Secured
Interest Rate		13.30%	[11]	13.30%	[12]
Principal		$ 175,797		$ 242,902
Cost		164,008		220,407
Fair Value		$ 164,008	[3]	$ 220,407	[6]
Investment, Identifier [Axis]: Zeno Technologies, Inc., Senior Secured
Interest Rate	[11]	10%
Principal		$ 251,129
Cost		233,996
Fair Value	[3]	$ 233,996
Investment, Identifier [Axis]: Zeno Technologies, Inc., Senior Secured 1
Interest Rate	[12]			10%
Principal				$ 165,526
Cost				165,525
Fair Value	[6]			$ 165,525
Investment, Identifier [Axis]: Zeno Technologies, Inc., Senior Secured 2
Interest Rate	[12]			10%
Principal				$ 165,526
Cost				155,757
Fair Value	[6]			$ 155,757
Investment, Identifier [Axis]: ZeroCater, Inc., Senior Secured
Interest Rate	[11]	12.50%
End of Term Payment	[13]	4%
Principal		$ 5,025,000
Cost		4,589,185
Fair Value	[3]	$ 4,589,185
Investment, Identifier [Axis]: Zimeno Inc., Senior Secured 1
Interest Rate		11.50%	[11]	11.50%	[12]
Principal		$ 5,331,510		$ 6,250,000
Cost		5,264,626		6,136,157
Fair Value		$ 5,264,626	[3]	$ 6,136,157	[6]
Investment, Identifier [Axis]: Zimeno Inc., Senior Secured 2
Interest Rate		11.50%	[11]	11.50%	[12]
Principal		$ 3,559,943		$ 5,331,391
Cost		3,463,205		5,114,486
Fair Value		$ 3,463,205	[3]	$ 5,114,486	[6]
Investment, Identifier [Axis]: iLearningEngines Inc., Senior Secured
Interest Rate	[12]			13%
Principal				$ 10,000,000
Cost				9,022,781
Fair Value	[6]			$ 9,022,781
Investment, Identifier [Axis]: iLearningEngines Inc., Senior Secured 1
Interest Rate	[12]			11.50%
Principal				$ 904,731
Cost				600,568
Fair Value	[6]			$ 600,568
Investment, Identifier [Axis]: iLearningEngines Inc., Senior Secured 2
Interest Rate	[12]			11.50%
Principal				$ 1,407,609
Cost				1,360,828
Fair Value	[6]			$ 1,360,828
Investment, Identifier [Axis]: iLearningEngines Inc., Senior Secured 3
Interest Rate	[12]			11.50%
Principal				$ 1,727,221
Cost				1,695,265
Fair Value	[6]			$ 1,695,265
Investment, Identifier [Axis]: iLearningEngines Inc., Senior Secured 4
Interest Rate	[12]			11.50%
Principal				$ 2,109,706
Cost				2,063,191
Fair Value	[6]			$ 2,063,191
[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 most advantageous market and the estimates may include the use of significant unobservable inputs.[4]The unrealized depreciation was valued using prices or valuation based on observable inputs other than quoted price in active markets for identical assets and liabilities. See “Note 3. Fair Value Disclosures” for more information.[5]The unrealized depreciation was valued using prices or valuation based on observable inputs other than quoted price in active markets for identical assets and liabilities. See “Note 3. Fair Value Disclosures” for more information.[6]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 most advantageous market and the estimates may include the use of significant unobservable inputs.[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 September 30, 2024, 18.9% 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]Entity is not domiciled in the United States and does not have its principal place of business in the United States.[10]Indicates assets that the Fund deems “non-qualifying assets.” As of December 31, 2023, 17.3% 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.[11]The interest rate is the designated annual interest rate exclusive of any original issue discount, fees or end of term payment.[12]The interest rate is the designated annual interest rate exclusive of any original issue discount, fees or end of term payment.[13]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 generally the percentage of the final payment divided by the original loan amount and are amortized over the full term of the loan.[14]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	Sep. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Loans with costs basis classified as non-accrual	$ 54.5	$ 19.4
Loans with fair value classified as non-accrual	$ 23	$ 5.8
Total assets representing non-qualifying assets, percentage	18.90%	17.30%

ORGANIZATION AND OPERATIONS OF

ORGANIZATION AND OPERATIONS OF THE FUND	9 Months Ended
	Sep. 30, 2024
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 (the “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 and nine months ended September 30, 2024 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, 2023.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2024
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. Any c ash held at US Bank in excess of the Federal Deposit Insurance Corporation (“FDIC”) limit of $250,000 is uninsured by the FDIC, while all cash held at MUFG Bank is uninsured by the FDIC. 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 September 30, 2024, the Fund held 29,474,225 units in the First American Government Obligations Fund Class Z (Ticker Symbol: FGZXX) valued at $1 per unit at a yield of 4.78% and $200,000 in cash, which together represented 10.33% of the net assets of the Fund. Within cash and cash equivalents, as of December 31, 2023, the Fund held 17,030,603 units in the First American Government Obligations Fund Class Z (Ticker Symbol: FGZXX) valued at $1 per unit at a yield of 5.26%, and $200,000 in cash, which together represented 7.58% of the net assets of the Fund. Interest on Loans 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 from warrants 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 that 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, all valuations are determined under the direction of the Manager, in accordance with the valuation methods described below and Rule 2a-5. As of September 30, 2024 and December 31, 2023, the financial statements included nonmarketable investments of $430.3 million and $403.6 million, respectively, (or 91.9% and 93.8% 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 a transaction that would occur in the most advantageous market, 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. Where the risk profile is consistent with the original underwriting, the cost basis of substantially all of the loans approximates fair value. 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 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 for a lesser timeframe, if, in the opinion of Management, the portfolio company 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 and the related interest is determined to not be collectible, all interest previously accrued but not collected is reversed. Any future 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 September 30, 2024 and December 31, 2023, loans with a cost basis of $54.5 million and $19.4 million and a fair value of $23.0 million and $5.8 million, respectively, were classified as non-accrual. Warrants and Equity Securities Warrants and equity securities received in connection with loan transactions are considered to be free standing contracts that are both legally detachable and separately exercisable from the related loan transactions and 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. An 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 September 30, 2024 and December 31, 2023, the Fund assumed the average duration of a warrant is four years. The effect of an 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 an 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. These costs are amortized over the estimated term of the facility using the straight-line basis. The amortization of these costs is recorded as interest expense in the Condensed Statements of Operations. 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. 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. Derivative Instruments The Fund uses derivative instruments to manage its exposure to changes in interest rates on expected borrowings under its debt facility, as the Fund originates fixed rate loans (see Note 8). Derivative instruments are primarily valued on the basis of quotes obtained from banks, brokers and dealers and adjusted for counterparty risk and the optionality of the interest rate terms. The valuation of the derivative instruments also considers the future expected interest rates on the notional principal balance remaining which is comparable to what a prospective acquirer would pay on the measurement date. Valuation pricing models consider inputs such as forward rates, anticipated interest rate volatility relating to the reference rate, as well as time value and other factors underlying derivative instruments. The Fund is a party to master netting arrangements with Zions Bancorporation, N.A., however, the Fund has elected not to offset assets and liabilities under these arrangements for financial statement presentation purposes. Contracts are recorded at gross fair value in either derivative assets or derivative liability in the Condensed Statements of Assets and Liabilities, depending on whether the fair value of the contract is in favor of the Fund or the counterparty. The changes in fair value are recorded in net change in unrealized gain (loss) from derivative instruments in the Condensed Statements of Operations and the monthly interest received or paid on the contract, if any, is recorded in net realized gain (loss) from derivative instruments in the Condensed Statements of Operations. The interest rate collar instruments are contractually scheduled to terminate on December 31, 2024 and December 31, 2025. Recent Accounting Pronouncements In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU 2023-07”). This change is intended to improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses, allowing financial statement users to better understand the components of a segment's profit or loss and assess potential future cash flows for each reportable segment and the entity as a whole. The amendments expand a public entity's segment disclosures by requiring disclosure of significant segment expenses that are regularly provided to the chief operating decision maker, clarifying when an entity may report one or more additional measures to assess segment performance, requiring enhanced interim disclosures and providing new disclosure requirements for entities with a single reportable segment, among other new disclosure requirements. The amendments are effective for fiscal years beginning after December 15, 2023 and interim periods within fiscal years beginning after December 15, 2024, and early adoption is permitted. The Fund is currently evaluating the impact of adopting this guidance with respect to the financial statements and disclosures.

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE DISCLOSURES	FAIR VALUE DISCLOSURES The 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 September 30, 2024 and December 31, 2023, 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 transaction that would occur in the most advantageous 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 show the weighted-average interest rate of the performing loans and all loans: For the Three Months Ended For the Nine Months Ended Performing Loans September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Weighted-Average Interest Rate - Cash 14.87 % 13.78 % 16.19 % 14.06 % Weighted-Average Interest Rate - Non-Cash 4.13 % 3.43 % 4.78 % 3.64 % Weighted-Average Interest Rate 19.00 % 17.21 % 20.97 % 17.70 % For the Three Months Ended For the Nine Months Ended All Loans September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Weighted-Average Interest Rate - Cash 14.26 % 13.53 % 15.72 % 13.88 % Weighted-Average Interest Rate - Non-Cash 3.95 % 3.36 % 4.65 % 3.59 % Weighted-Average Interest Rate 18.21 % 16.89 % 20.37 % 17.47 % 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. Warrants and equity securities received in connection with loan transactions are measured at fair value at the time of acquisition; the non-cash portion of interest income represents the accretion of the discount of these warrants over the life of the loan. 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 substantially all of the loans approximates fair value. All loans as of September 30, 2024 and December 31, 2023 were pledged as collateral for the debt facility, and the Fund’s borrowings are generally collateralized by all assets of the Fund. As of September 30, 2024 and December 31, 2023, the Fund had unexpired unfunded commitments to borrowers of $111.3 million and $132.3 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 or out of Level 1, 2 or 3 during the nine months ended September 30, 2024 and 2023. 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 derivative instruments are based on quotes from the market makers that derive fair values from market data, and therefore, are classified as Level 2. 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 investments are individually negotiated and unique, and because there is little to no market in which these assets trade, the unobservable 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 September 30, 2024 and December 31, 2023. 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 Value at September 30, 2024 Valuation Techniques / Methodologies Unobservable Input Range Weighted Average (a) Biotechnology $ 9,395,142 Most advantageous market analysis Most advantageous market coupon rate 16% - 18% 17% Computers & Storage 6,314,705 Most advantageous market analysis Most advantageous market coupon rate 15% - 16% 15% Internet 34,967,326 Most advantageous market analysis Most advantageous market coupon rate 16% - 27% 18% Asset Recovery Probability weighting of alternative outcomes 5% - 95% ^ Medical Devices 3,391,302 Most advantageous market analysis Most advantageous market coupon rate 20% - 21% 20% Other Healthcare 42,165,249 Most advantageous market analysis Most advantageous market coupon rate 16% - 28% 19% Asset Recovery Probability weighting of alternative outcomes 100% * Other Technology 187,806,098 Most advantageous market analysis Most advantageous market coupon rate 14% - 54% 21% Asset Recovery Probability weighting of alternative outcomes 5% - 100% ^ Security 2,239,223 Most advantageous market analysis Most advantageous market coupon rate * 13% Semiconductors & Equipment 4,663,907 Most advantageous market analysis Most advantageous market coupon rate * 16% Software 115,120,043 Most advantageous market analysis Most advantageous market coupon rate 13% - 30% 18% Asset Recovery Probability weighting of alternative outcomes 10% - 100% ^ Investment Type - Level 3 Loan Investments Fair Value at September 30, 2024 Valuation Techniques / Methodologies Unobservable Input Range Weighted Average (a) Technology Services 11,033,723 Most advantageous market analysis Most advantageous market coupon rate 16% - 20% 18% Asset Recovery Probability weighting of alternative outcomes 10% - 50% ^ Wireless 13,238,155 Most advantageous market analysis Most advantageous market coupon rate 18% - 21% 20% Total Loan Investments $ 430,334,873 (a) The weighted-average most advantageous market coupon rates were calculated using the relative fair value of the loans. ^ Probability weightings vary among portfolio companies within this industry based on different potential future outcomes. * There is only one loan within this industry that utilizes this valuation technique. Investment Type - Level 3 Loan Investments Fair Value at December 31, 2023 Valuation Techniques / Methodologies Unobservable Input Range Weighted Average (a) Biotechnology $ 11,884,907 Most advantageous market analysis Most advantageous market coupon rate 16% - 18% 17% Computers & Storage 6,981,592 Most advantageous market analysis Most advantageous market coupon rate 15% - 16% 15% Internet 42,116,651 Most advantageous market analysis Most advantageous market coupon rate 13% - 33% 17% Asset Recovery Probability weighting of alternative outcomes 50%* Medical Devices 3,660,064 Most advantageous market analysis Most advantageous market coupon rate 20% - 21% 21% Other Healthcare 22,991,337 Most advantageous market analysis Most advantageous market coupon rate 17% - 28% 20% Asset Recovery Probability weighting of alternative outcomes 100%* Other Technology 159,031,085 Most advantageous market analysis Most advantageous market coupon rate 13% - 74% 18% Asset Recovery Probability weighting of alternative outcomes 10% - 100% ^ Security 3,718,921 Most advantageous market analysis Most advantageous market coupon rate 13% - 16% 14% Semiconductors & Equipment 4,821,317 Most advantageous market analysis Most advantageous market coupon rate * 18% Software 116,428,842 Most advantageous market analysis Most advantageous market coupon rate 13% -24% * 17% Asset Recovery Probability weighting of alternative outcomes 5% - 85% ^ Technology Services 28,168,760 Most advantageous market analysis Most advantageous market coupon rate 16% - 22% 20% Asset Recovery Probability weighting of alternative outcomes 10% - 60% * Wireless 3,796,637 Most advantageous market analysis Most advantageous market coupon rate * 17% Total Loan Investments $ 403,600,113 (a) The weighted-average most advantageous 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 only one loan within this industry that utilizes this valuation technique. The following tables present the balances of assets and liabilities as of September 30, 2024 and December 31, 2023 measured at fair value on a recurring basis: As of September 30, 2024 ASSETS: Level 1 Level 2 Level 3 Total Loans † $ — $ — $ 430,334,873 $ 430,334,873 Cash equivalents 29,474,225 — — 29,474,225 Total assets $ 29,474,225 $ — $ 430,334,873 $ 459,809,098 LIABILITIES: Level 1 Level 2 Level 3 Total Borrowings under debt facility $ — $ 176,500,000 $ — $ 176,500,000 Derivative liability — 53,728 — 53,728 Total liabilities $ — $ 176,553,728 $ — $ 176,553,728 † For a detailed listing of borrowers comprising this amount, please refer to the Condensed Schedule of Investments. As of December 31, 2023 ASSETS: Level 1 Level 2 Level 3 Total Loans † $ — $ — $ 403,600,113 $ 403,600,113 Cash equivalents 17,030,603 — — 17,030,603 Total assets $ 17,030,603 $ — $ 403,600,113 $ 420,630,716 LIABILITIES: Level 1 Level 2 Level 3 Total Borrowings under debt facility $ — $ 197,500,000 $ — $ 197,500,000 Derivative liability — 110,917 — 110,917 Total liabilities $ — $ 197,610,917 $ — $ 197,610,917 † For a detailed listing of borrowers comprising this amount, please refer to the Condensed Schedule of Investments. The following tables provide a summary of changes in Level 3 assets measured at fair value on a recurring basis: For the Three Months Ended September 30, 2024 Loans Warrants Stock Beginning balance $ 380,905,915 $ — $ — Acquisitions and originations 81,332,000 5,617,455 1,426,754 Principal payments on loans, net of accretion (29,585,528) — — Distributions to shareholder — (5,617,455) (1,426,754) Net realized loss from loans — — — Net change in unrealized loss from loans (2,317,514) — — Ending balance $ 430,334,873 $ — $ — Net change in unrealized loss from loans still held at September 30, 2024 $ (2,317,514) For the Nine Months Ended September 30, 2024 Loans Warrants Stock Convertible Notes Beginning balance $ 403,600,113 $ — $ — $ — Acquisitions and originations 171,740,000 16,235,403 3,592,623 387,707 Principal payments on loans, net of accretion (127,065,387) — — — Distributions to shareholder — (16,235,403) (3,592,623) (387,707) Net change in unrealized loss from loans (17,939,853) — — — Ending balance $ 430,334,873 $ — $ — $ — Net change in unrealized loss from loans still held at September 30, 2024 $ (17,939,854) For the Three Months Ended September 30, 2023 For the Nine Months Ended September 30, 2023 Loans Warrants Loans Warrants Beginning balance $ 328,461,221 $ — $ 268,498,972 $ — Acquisitions and originations 65,124,490 4,952,614 159,186,990 12,549,587 Principal payments on loans, net of accretion (17,509,010) — (49,334,242) — Distributions to shareholder — (4,952,614) — (12,549,587) Net change in unrealized loss from loans (6,312,605) — (8,587,624) — Ending balance $ 369,764,096 $ — $ 369,764,096 $ — Net change in unrealized loss from loans and other assets still held at September 30, 2023 $ (6,312,605) $ (8,587,624)

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2024
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	9 Months Ended
	Sep. 30, 2024
Stockholders' Equity Note [Abstract]
CAPITAL STOCK	CAPITAL STOCK As of both September 30, 2024 and December 31, 2023, 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 September 30, 2024 and December 31, 2023, was $500.0 million. Total contributed capital to the Company as of September 30, 2024 and December 31, 2023 was $375.0 million and $305.0 million, respectively, of which $336.0 million and $276.0 million were contributed to the Fund, respectively. The chart below shows the distributions of the Fund for the nine months ended September 30, 2024 and 2023: For the Nine Months Ended September 30, 2024 For the Nine Months Ended September 30, 2023 Cash distributions $ 7,266,000 $ — Distributions of equity securities 20,215,733 12,549,587 Total distributions to shareholder $ 27,481,733 $ 12,549,587 Final classification of the distributions as either a return of capital or a distribution of income is an annual determination made at the end of each year dependent upon the Fund’s current year cumulative earnings and profits.

DEBT FACILITY

DEBT FACILITY	9 Months Ended
	Sep. 30, 2024
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. BDCs are generally required to have an asset coverage of at least 200% but are permitted 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 disinterested 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 Fund's sole shareholder, the Company, approved a reduced asset coverage ratio of 150% for the Fund as permitted in Section 61(a)(2) of the 1940 Act. As of September 30, 2024 and December 31, 2023, the Fund’s asset coverage for borrowings was 262% and 214%, respectively. The Fund is a party to a loan and security agreement (as amended and restated from time to time) with ING Capital LLC acting as the administrative agent and other lenders named therein, that established a secured revolving credit facility with a commitment size of $250.0 million. An additional $125.0 million is potentially available to the Fund, subject to further negotiation and credit approval, through an accordion provision. On June 15, 2023, the Fund entered into Amendment No. 3 to the Loan and Security Agreement (the “Amendment No.3”) with lenders named therein that provides for, among other modifications (i) replacement of the interest rate benchmark from LIBOR to Secured Overnight Financing Rate (“SOFR”), and (ii) conversion of an existing LIBOR Market Index Rate Loan to an Adjusted Term SOFR Loan (as defined below). The amendments set forth in Amendment No. 3 became effective as of June 26, 2023. The first repricing of our outstanding debt to reflect the new Adjusted Term SOFR Loan rates occurred on July 3, 2023. Borrowings by the Fund are collateralized by (i) the personal property and other assets of the Fund (“Portfolio 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, an Adjusted Term SOFR Loan or a Daily Compounded SOFR Loan (each as defined below). 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. Borrowings under the facility, at the Fund’s discretion, will bear interest at an annual rate of either a (i) Reference Rate, plus an Applicable Reference Rate Margin (such loan, a "Reference Rate Loan"), (ii) Adjusted Term SOFR plus the Applicable SOFR Margin (such loan, an "Adjusted Term SOFR Loan") or (iii) Daily Compounded SOFR plus the Applicable SOFR Margin (such loan, a "Daily Compounded SOFR Loan"). As of September 30, 2024, the Fund’s outstanding borrowings were entirely Adjusted Term SOFR Loans. The interest period for each Adjusted Term SOFR Loan shall at the option of the Fund be fixed at one, three or six months. Adjusted Term SOFR is a rate per annum equal to Term SOFR for the elected interest period plus a fixed SOFR Adjustment of 0.11448%, 0.26161% or 0.42826% for interest periods of one three As of September 30, 2024, the Term SOFR rates were as follows: 1-month Term SOFR 4.8457 % 3-month Term SOFR 4.5921 % 6-month Term SOFR 4.2539 % 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 September 30, 2024 and December 31, 2023, the remaining unamortized fees and costs of $0.9 million and $1.3 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. The Fund is also required to maintain derivative instruments covering a notional principal amount of at least 20% of the aggregate principal balance of the outstanding borrowings ( the "Minimum Hedge Percentage"). The Fund is required to comply with this Minimum Hedge percentage only after the date on which the Subscription Secured Borrowings percentage is less than 25% of the Borrowing Base (See Note 8). As of September 30, 2024 and December 31, 2023, Management is not aware of instances of non-compliance with financial covenants. The following is the summary of the outstanding facility draws as of September 30, 2024: Amount Maturity Date Weighted Average All-In Interest Rate (a) Adjusted Term SOFR Rate Loan $176,500,000 October 18, 2026 7.2269% Total Outstanding $176,500,000 (a) Inclusive of Applicable SOFR Margin of 2.26800% as of September 30, 2024 plus 0.11448% SOFR Adjustment. The following is the summary of the outstanding facility draws as of December 31, 2023: Amount Maturity Date Weighted Average All-In Interest Rate (a) Adjusted Term SOFR Rate Loan $197,500,000 October 18, 2026 7.6672% Total Outstanding $197,500,000 (a) Inclusive of Applicable SOFR Margin of 2.20000% as of December 31, 2023 plus 0.11448% SOFR Adjustment.

MANAGEMENT FEE AND RELATED PART

MANAGEMENT FEE AND RELATED PARTIES	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
MANAGEMENT FEE AND RELATED PARTIES	MANAGEMENT FEE AND RELATED PARTIES 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, from the date of the first capital contribution, October 1, 2021, receives an investment management fee from the Fund (the “Management Fee”). The aggregate annual amount of Management Fee for each annual period (which is comprised of four whole fiscal quarters and which, in the case of the first year, commenced on the first day of the first fiscal quarter following the first capital contribution) 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 nine months ended September 30, 2024 and 2023, Management Fees were calculated at 1.575% and 1.600% of the Company's committed capital, respectively. Management Fees of $2.0 million and $5.9 million were recognized as expenses for the three and nine months ended September 30, 2024, respectively. Management Fees of $2.0 million and $6.0 million were recognized as expenses for the three and nine months ended September 30, 2023, respectively. Related Parties Certain officers and directors of the Fund also serve as officers and directors of the Manager. The Articles of Incorporation of the Fund provide for indemnification of directors, officers, employees and agents (including the Manager) of the Fund to the fullest extent permitted by applicable state law and the 1940 Act, including the advance of expenses and reasonable counsel fees. The Articles of Incorporation of the Fund also contain a provision eliminating personal liability of a Fund director or officer to the Fund or its shareholder for monetary damages for certain breaches of their duty of care. For this reason, the Fund has acquired a directors and officers insurance policy. Transactions with Venture Lending & Leasing IX, Inc. (“Fund IX”) The Manager also serves as the investment manager for Fund IX. So long as Fund IX had capital available to invest in loan transactions with final maturities earlier than December 31, 2028 (the date on which Fund IX’s term of existence automatically expires), the Fund was able to invest in each portfolio company in which Fund IX invested, subject to approval of the Fund's Board. The Manager’s allocation process is designed to allocate investment opportunities fairly and equitably among the Fund and Fund IX over time, and subject to board approval, may be based on a methodology taking into account investment pace, the remaining commitment periods and other relevant factors. The Fund co-invested with Fund IX through December 31, 2023, which was the end of Fund IX’s investment period. Transactions with WTI Fund XI, Inc. ("Fund XI") The Manager also serves as the investment manager for Fund XI. So long as Fund XI has capital available to invest in loan transactions with final maturities earlier than December 31, 2031 (the date on which the Fund's term of existence automatically expires), the Fund may invest in each portfolio company in which Fund XI invests, subject to approval of the Fund’s Board. The Manager’s allocation process is designed to allocate investment opportunities fairly and equitably among the Fund and Fund XI over time, and subject to board approval, may be based on a methodology taking into account investment pace, the remaining commitment periods and other relevant factors. The ability of the Fund to co-invest with Fund IX, Fund XI, and other clients advised by the Manager, is subject to the conditions (the "Conditions") with which the funds are currently complying while seeking certain exemptive relief from the Securities and Exchange Commission (the "SEC") from the provisions of Sections 17(d) and 57 of the 1940 Act and Rule 17d-1 thereunder. To the extent that clients, other than Fund XI, advised by the Manager (but in which the Manager has no proprietary interest) invest in opportunities available to the Fund, the Manager will allocate such opportunities among the Fund and such other clients in a manner deemed fair and equitable considering all of the circumstances in accordance with the Conditions. Intercreditor Agreements In all transactions in which the Fund and other funds managed by the Manager invest or those in which another lender(s) has either invested or may later invest (or in the event a successor fund is raised, in which the Fund and the successor fund invest), it is expected that the Fund and other funds managed by the Manager (or the successor fund as the case may be), and/or the other lender(s) will enter into an intercreditor agreement pursuant to which the Fund and other funds managed by the Manager (or the successor fund), and/or the other lender(s), along with any predecessor funds which still have a balance outstanding, will cooperate in pursuing their remedies following a default by the common borrower. Generally, under such intercreditor agreements, each party would agree that its security interest would be treated in parity with the security interest of the other party, regardless of which security interest would have priority under applicable law. Accordingly, proceeds realized from the sale of any collateral or the exercise of any other creditor’s rights will be allocated between the Fund and other funds managed by the Manager, and any predecessor funds as described above, pro rata in accordance with the amounts of their respective investments. An exception to the foregoing arrangement would occur in situations where, for example, one of the lenders financed specific items of equipment collateral; in that case, usually the lender who financed the specific assets will have a senior lien on that asset, and the other lenders will have a junior priority lien (even though they may ratably share liens of equal priority on other assets of the common borrower). As a result of such intercreditor agreements, the Fund may have less flexibility in pursuing its remedies following a default than it would have had had there been no intercreditor agreement, and the Fund may therefore realize fewer proceeds. In addition, because the Fund and Fund IX (or the successor fund) invest at the same time in the same borrower, such borrower would be required to service two loans rather than one. Any additional administrative costs or burdens resulting therefrom may make the Fund a less attractive lender and may make it more difficult for the Fund to acquire such loans.

DERIVATIVE INSTRUMENTS

DERIVATIVE INSTRUMENTS	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS	DERIVATIVE INSTRUMENTS The Fund uses derivative instruments to manage its exposure to interest rates on expected borrowings under its debt facility (see Note 6), as the Fund originates fixed rate loans. The Fund entered into interest rate collar transactions with Zions Bancorporation, N.A. dba California Bank & Trust. Certain information related to the Fund's interest rate collar contracts is presented below: Counterparties Effective Date Notional Amount Cap Floor Index Maturity Date Zions Bancorporation, N.A. 12/29/2023 $50,000,000 5.30% 3.65% 1 mo.USD-SOFR CME Term 12/31/2024 Zions Bancorporation, N.A. 12/29/2023 $50,000,000 5.30% 2.30% 1 mo.USD-SOFR CME Term 12/31/2025 The interest rate collar mitigates the Fund's exposure to interest rate fluctuations on variable rate index of the debt facility. The collar establishes a range where the Fund pays the counterparty if the SOFR rate falls below the established floor rate, and the counterparty will pay the Fund if the SOFR rate exceeds the established cap rate. The interest rate collar settles monthly. The following table shows the Fund's derivative instruments at fair value on the Fund's Condensed Statements of Assets and Liabilities as of September 30, 2024 and December 31, 2023: Derivative Liabilities Derivative Instruments September 30, 2024 December 31, 2023 Interest rate collar $ 53,728 $ 110,917 The following table shows the effect of the Fund's derivative instruments on the Fund's Condensed Statements of Operations for the three and nine months ended September 30, 2024 and 2023: For the Three Months Ended For the Nine Months Ended Derivative Instruments Condensed Statements of Operations Caption September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Interest rate collar Net change in unrealized gain (loss) from derivative instruments $ (110,351) $ — $ 57,189 $ — Net realized gain from derivative instruments $ 7,669 $ — $ 23,597 $ — The following table shows the Fund's assets and liabilities related to derivatives by counterparty, net of amounts available for offset under the master netting agreement and net of any collateral received or pledged by the Fund for such assets and liabilities as of September 30, 2024 and December 31, 2023: As of September 30, 2024 Counterparties Derivative Liability Subject to Master Netting Agreement Derivatives Available for Offset Non-cash Collateral Pledged Cash Collateral Pledged Net Amount (1) Zions Bancorporation, N.A. $ (53,728) $ — $ — $ — $ (53,728) Total $ (53,728) $ — $ — $ — $ (53,728) As of December 31, 2023 Counterparties Derivative Liability Subject to Master Netting Agreement Derivatives Available for Offset Non-cash Collateral Pledged Cash Collateral Pledged Net Amount (1) Zions Bancorporation, N.A. $ (110,917) $ — $ — $ — $ (110,917) Total $ (110,917) $ — $ — $ — $ (110,917) (1) Net amount of derivative liabilities represents the net amount owed by the Fund to the counterparty. There were no derivative assets as of either September 30, 2024 or December 31, 2023.

TAX STATUS

TAX STATUS	9 Months Ended
	Sep. 30, 2024
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 September 30, 2024, 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 September 30, 2024 and December 31, 2023: As of September 30, 2024 Asset Cost Unrealized Appreciation Unrealized Depreciation Net Appreciation (Depreciation) Loans $ 462,668,332 $ — $ (32,333,459) $ (32,333,459) Total $ 462,668,332 $ — $ (32,333,459) $ (32,333,459) As of September 30, 2024 Liability Cost Unrealized Appreciation Unrealized Depreciation Net Appreciation (Depreciation) Derivative liability $ — $ — $ (53,728) $ (53,728) Total $ — $ — $ (53,728) $ (53,728) As of December 31, 2023 Asset Cost Unrealized Appreciation Unrealized Depreciation Net Appreciation (Depreciation) Loans $ 417,993,719 $ — $ (14,393,606) $ (14,393,606) Total $ 417,993,719 $ — $ (14,393,606) $ (14,393,606) As of December 31, 2023 Liability Cost Unrealized Appreciation Unrealized Depreciation Net Appreciation (Depreciation) Derivative liability $ — $ — $ (110,917) $ (110,917) Total $ — $ — $ (110,917) $ (110,917) There was no unrealized appreciation relating to derivative assets as of either September 30, 2024 or December 31, 2023. 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 September 30, 2024, 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, 2024. 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 September 30, 2024, the Fund had no uncertain tax positions and no capital loss carryforwards.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Unexpired Unfunded Commitments As of September 30, 2024 and December 31, 2023, the Fund’s unexpired unfunded commitments to borrowers totaled $111.3 million and $132.3 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 September 30, 2024 and December 31, 2023: Borrower Industry Unexpired Unfunded Commitment as of September 30, 2024 Expiration Date Abacum Inc. Software $ 1,500,000 12/31/24 AI Netomi, Inc. Software 2,250,000 01/31/25 American Castanea PBC Other Technology 1,750,000 04/30/25 Carbon Ridge, Inc. Other Technology 1,125,000 04/01/25 Charlie Financial Inc. Other Healthcare 3,500,000 03/31/25 Creoate Limited Other Technology 3,285,000 05/31/25 GoForward, Inc. Other Healthcare 30,000,000 12/31/26 Juvo Mobile, Inc. Wireless 750,000 11/15/24 Merlin Labs, Inc. Other Technology 10,000,000 11/01/24 Modern Animal, Inc. Other Healthcare 10,000,000 01/31/25 Nextivity, Inc. Wireless 5,000,000 10/31/24 Overdrive Products Inc. Other Technology 1,500,000 03/31/25 Borrower Industry Unexpired Unfunded Commitment as of September 30, 2024 Expiration Date Owlet Baby Care, Inc. Other Technology 5,625,000 08/15/25 Parkoursc, Inc. Software 1,000,000 10/31/24 Prima Holdings Limited Technology Services 3,000,000 04/30/26 Swiftly Systems, Inc. Software 20,000,000 12/31/24 Threedium Ltd. Internet 1,750,000 07/31/25 Truepic Inc. Software 3,000,000 12/31/24 Vesta Housing, Inc. Software 3,750,000 05/31/25 ZeroCater, Inc. Software 2,475,000 01/31/25 Total $ 111,260,000 Borrower Industry Unexpired Unfunded Commitment as of December 31, 2023 Expiration Date 2045 Studio, Inc. Technology Services $ 750,000 03/15/24 Badiani Limited Other Technology 500,000 01/31/24 Charlie Financial Inc. Other Healthcare 7,000,000 03/31/25 Findigs, Inc. Internet 3,500,000 07/15/24 GoForward, Inc. Other Healthcare 30,000,000 12/31/26 Hdata, Inc. Software 500,000 04/30/24 High Definition Vehicle Insurance, Inc. Other Technology 2,500,000 07/15/24 Higher Ground Education, Inc. Other Technology 5,000,000 01/31/24 Kolors, Inc. Software 2,000,000 04/30/24 Kushki Group Holdings Ltd. Software 10,000,000 06/30/24 Make Cents Technologies Inc. Software 10,000,000 03/31/24 Modern Animal, Inc. Other Healthcare 30,000,000 01/31/25 Ripple Foods, PBC Other Technology 4,000,000 04/30/24 Runzy, Inc. Other Technology 500,000 07/31/24 Safe Securities Inc. Software 4,000,000 06/30/24 Semsee Corp. Software 2,000,000 03/01/24 Swiftly Systems, Inc. Software 20,000,000 12/31/24 Total $ 132,250,000 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	9 Months Ended
	Sep. 30, 2024
Investment Company [Abstract]
FINANCIAL HIGHLIGHTS	FINANCIAL HIGHLIGHTS U.S. GAAP requires disclosure of financial highlights of the Fund for the three and nine months ended September 30, 2024 and 2023. 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 in the following table, 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 September 30, 2024 For the Three Months Ended September 30, 2023 For the Nine Months Ended September 30, 2024 For the Nine Months Ended September 30, 2023 Total return ** 4.01 % 1.60 % 11.18 % 12.15 % Per share amounts: Net asset value, beginning of period $ 2,869.3 $ 1,587.59 $ 2,273.02 $ 1,137.31 Net investment income 139.09 88.65 454.14 252.65 Net realized and change in unrealized loss from loans and derivative instruments (24.20) (63.12) (178.59) (85.87) Net increase in net assets resulting from operations 114.89 25.53 275.55 166.78 Distributions of income to shareholder (110.44) (49.53) (274.82) (125.50) Contributions from shareholder — 100.00 600.00 485.00 Net asset value, end of period $ 2,873.75 $ 1,663.59 $ 2,873.75 $ 1,663.59 Net assets, end of period $ 287,375,056 $ 166,358,662 $ 287,375,056 $ 166,358,662 Ratios to average net assets: Expenses * 7.30 % 16.21 % 8.76 % 11.68 % Net investment income * 19.39 % 22.25 % 23.56 % 17.30 % Portfolio turnover rate — % — % — % — % Average debt outstanding $ 151,625,000 $ 222,500,000 $ 172,050,000 $ 193,050,000 * Annualized. ** Total return amounts presented above are not annualized.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Management 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 .

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 11,489,078	$ 2,552,289	$ 27,554,653	$ 16,677,451

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Accounting	Basis of Accounting and Use of Estimates
Use of Estimates	Basis of Accounting and Use of Estimates
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. Any c ash held at US Bank in excess of the Federal Deposit Insurance Corporation (“FDIC”) limit of $250,000 is uninsured by the FDIC, while all cash held at MUFG Bank is uninsured by the FDIC.
Interest on Loans	Interest on Loans 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 from warrants 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
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, all valuations are determined under the direction of the Manager, in accordance with the valuation methods described below and Rule 2a-5. As of September 30, 2024 and December 31, 2023, the financial statements included nonmarketable investments of $430.3 million and $403.6 million, respectively, (or 91.9% and 93.8% 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 a transaction that would occur in the most advantageous market, 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. Where the risk profile is consistent with the original underwriting, the cost basis of substantially all of the loans approximates fair value. 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 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 for a lesser timeframe, if, in the opinion of Management, the portfolio company 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 and the related interest is determined to not be collectible, all interest previously accrued but not collected is reversed. Any future 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 September 30, 2024 and December 31, 2023, loans with a cost basis of $54.5 million and $19.4 million and a fair value of $23.0 million and $5.8 million, respectively, were classified as non-accrual. Warrants and Equity Securities Warrants and equity securities received in connection with loan transactions are considered to be free standing contracts that are both legally detachable and separately exercisable from the related loan transactions and 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. An 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 September 30, 2024 and December 31, 2023, the Fund assumed the average duration of a warrant is four years. The effect of an 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 an 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. These costs are amortized over the estimated term of the facility using the straight-line basis. The amortization of these costs is recorded as interest expense in the Condensed Statements of Operations. 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.
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.
Derivative Instruments	Derivative Instruments The Fund uses derivative instruments to manage its exposure to changes in interest rates on expected borrowings under its debt facility, as the Fund originates fixed rate loans (see Note 8). Derivative instruments are primarily valued on the basis of quotes obtained from banks, brokers and dealers and adjusted for counterparty risk and the optionality of the interest rate terms. The valuation of the derivative instruments also considers the future expected interest rates on the notional principal balance remaining which is comparable to what a prospective acquirer would pay on the measurement date. Valuation pricing models consider inputs such as forward rates, anticipated interest rate volatility relating to the reference rate, as well as time value and other factors underlying derivative instruments. The Fund is a party to master netting arrangements with Zions Bancorporation, N.A., however, the Fund has elected not to offset assets and liabilities under these arrangements for financial statement presentation purposes. Contracts are recorded at gross fair value in either derivative assets or derivative liability in the Condensed Statements of Assets and Liabilities, depending on whether the fair value of the contract is in favor of the Fund or the counterparty. The changes in fair value are recorded in net change in unrealized gain (loss) from derivative instruments in the Condensed Statements of Operations and the monthly interest received or paid on the contract, if any, is recorded in net realized gain (loss) from derivative instruments in the Condensed Statements of Operations.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU 2023-07”). This change is intended to improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses, allowing financial statement users to better understand the components of a segment's profit or loss and assess potential future cash flows for each reportable segment and the entity as a whole. The amendments expand a public entity's segment disclosures by requiring disclosure of significant segment expenses that are regularly provided to the chief operating decision maker, clarifying when an entity may report one or more additional measures to assess segment performance, requiring enhanced interim disclosures and providing new disclosure requirements for entities with a single reportable segment, among other new disclosure requirements. The amendments are effective for fiscal years beginning after December 15, 2023 and interim periods within fiscal years beginning after December 15, 2024, and early adoption is permitted. The Fund is currently evaluating the impact of adopting this guidance with respect to the financial statements and disclosures.
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 September 30, 2024, 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. 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 September 30, 2024, 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, 2024.

FAIR VALUE DISCLOSURES (Tables)

FAIR VALUE DISCLOSURES (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Weighted Average Interest Rate of Performing and All Loans	The following tables show the weighted-average interest rate of the performing loans and all loans: For the Three Months Ended For the Nine Months Ended Performing Loans September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Weighted-Average Interest Rate - Cash 14.87 % 13.78 % 16.19 % 14.06 % Weighted-Average Interest Rate - Non-Cash 4.13 % 3.43 % 4.78 % 3.64 % Weighted-Average Interest Rate 19.00 % 17.21 % 20.97 % 17.70 % For the Three Months Ended For the Nine Months Ended All Loans September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Weighted-Average Interest Rate - Cash 14.26 % 13.53 % 15.72 % 13.88 % Weighted-Average Interest Rate - Non-Cash 3.95 % 3.36 % 4.65 % 3.59 % Weighted-Average Interest Rate 18.21 % 16.89 % 20.37 % 17.47 %
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 September 30, 2024 and December 31, 2023. 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 Value at September 30, 2024 Valuation Techniques / Methodologies Unobservable Input Range Weighted Average (a) Biotechnology $ 9,395,142 Most advantageous market analysis Most advantageous market coupon rate 16% - 18% 17% Computers & Storage 6,314,705 Most advantageous market analysis Most advantageous market coupon rate 15% - 16% 15% Internet 34,967,326 Most advantageous market analysis Most advantageous market coupon rate 16% - 27% 18% Asset Recovery Probability weighting of alternative outcomes 5% - 95% ^ Medical Devices 3,391,302 Most advantageous market analysis Most advantageous market coupon rate 20% - 21% 20% Other Healthcare 42,165,249 Most advantageous market analysis Most advantageous market coupon rate 16% - 28% 19% Asset Recovery Probability weighting of alternative outcomes 100% * Other Technology 187,806,098 Most advantageous market analysis Most advantageous market coupon rate 14% - 54% 21% Asset Recovery Probability weighting of alternative outcomes 5% - 100% ^ Security 2,239,223 Most advantageous market analysis Most advantageous market coupon rate * 13% Semiconductors & Equipment 4,663,907 Most advantageous market analysis Most advantageous market coupon rate * 16% Software 115,120,043 Most advantageous market analysis Most advantageous market coupon rate 13% - 30% 18% Asset Recovery Probability weighting of alternative outcomes 10% - 100% ^ Investment Type - Level 3 Loan Investments Fair Value at September 30, 2024 Valuation Techniques / Methodologies Unobservable Input Range Weighted Average (a) Technology Services 11,033,723 Most advantageous market analysis Most advantageous market coupon rate 16% - 20% 18% Asset Recovery Probability weighting of alternative outcomes 10% - 50% ^ Wireless 13,238,155 Most advantageous market analysis Most advantageous market coupon rate 18% - 21% 20% Total Loan Investments $ 430,334,873 (a) The weighted-average most advantageous market coupon rates were calculated using the relative fair value of the loans. ^ Probability weightings vary among portfolio companies within this industry based on different potential future outcomes. * There is only one loan within this industry that utilizes this valuation technique. Investment Type - Level 3 Loan Investments Fair Value at December 31, 2023 Valuation Techniques / Methodologies Unobservable Input Range Weighted Average (a) Biotechnology $ 11,884,907 Most advantageous market analysis Most advantageous market coupon rate 16% - 18% 17% Computers & Storage 6,981,592 Most advantageous market analysis Most advantageous market coupon rate 15% - 16% 15% Internet 42,116,651 Most advantageous market analysis Most advantageous market coupon rate 13% - 33% 17% Asset Recovery Probability weighting of alternative outcomes 50%* Medical Devices 3,660,064 Most advantageous market analysis Most advantageous market coupon rate 20% - 21% 21% Other Healthcare 22,991,337 Most advantageous market analysis Most advantageous market coupon rate 17% - 28% 20% Asset Recovery Probability weighting of alternative outcomes 100%* Other Technology 159,031,085 Most advantageous market analysis Most advantageous market coupon rate 13% - 74% 18% Asset Recovery Probability weighting of alternative outcomes 10% - 100% ^ Security 3,718,921 Most advantageous market analysis Most advantageous market coupon rate 13% - 16% 14% Semiconductors & Equipment 4,821,317 Most advantageous market analysis Most advantageous market coupon rate * 18% Software 116,428,842 Most advantageous market analysis Most advantageous market coupon rate 13% -24% * 17% Asset Recovery Probability weighting of alternative outcomes 5% - 85% ^ Technology Services 28,168,760 Most advantageous market analysis Most advantageous market coupon rate 16% - 22% 20% Asset Recovery Probability weighting of alternative outcomes 10% - 60% * Wireless 3,796,637 Most advantageous market analysis Most advantageous market coupon rate * 17% Total Loan Investments $ 403,600,113 (a) The weighted-average most advantageous 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 only one loan within this industry that utilizes this valuation technique.
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis	The following tables present the balances of assets and liabilities as of September 30, 2024 and December 31, 2023 measured at fair value on a recurring basis: As of September 30, 2024 ASSETS: Level 1 Level 2 Level 3 Total Loans † $ — $ — $ 430,334,873 $ 430,334,873 Cash equivalents 29,474,225 — — 29,474,225 Total assets $ 29,474,225 $ — $ 430,334,873 $ 459,809,098 LIABILITIES: Level 1 Level 2 Level 3 Total Borrowings under debt facility $ — $ 176,500,000 $ — $ 176,500,000 Derivative liability — 53,728 — 53,728 Total liabilities $ — $ 176,553,728 $ — $ 176,553,728 † For a detailed listing of borrowers comprising this amount, please refer to the Condensed Schedule of Investments. As of December 31, 2023 ASSETS: Level 1 Level 2 Level 3 Total Loans † $ — $ — $ 403,600,113 $ 403,600,113 Cash equivalents 17,030,603 — — 17,030,603 Total assets $ 17,030,603 $ — $ 403,600,113 $ 420,630,716 LIABILITIES: Level 1 Level 2 Level 3 Total Borrowings under debt facility $ — $ 197,500,000 $ — $ 197,500,000 Derivative liability — 110,917 — 110,917 Total liabilities $ — $ 197,610,917 $ — $ 197,610,917 † For a detailed listing of borrowers comprising this amount, please refer to the Condensed Schedule of Investments.
Schedule of Changes in Level 3 Assets Measured at Fair Value on Recurring Basis	The following tables provide a summary of changes in Level 3 assets measured at fair value on a recurring basis: For the Three Months Ended September 30, 2024 Loans Warrants Stock Beginning balance $ 380,905,915 $ — $ — Acquisitions and originations 81,332,000 5,617,455 1,426,754 Principal payments on loans, net of accretion (29,585,528) — — Distributions to shareholder — (5,617,455) (1,426,754) Net realized loss from loans — — — Net change in unrealized loss from loans (2,317,514) — — Ending balance $ 430,334,873 $ — $ — Net change in unrealized loss from loans still held at September 30, 2024 $ (2,317,514) For the Nine Months Ended September 30, 2024 Loans Warrants Stock Convertible Notes Beginning balance $ 403,600,113 $ — $ — $ — Acquisitions and originations 171,740,000 16,235,403 3,592,623 387,707 Principal payments on loans, net of accretion (127,065,387) — — — Distributions to shareholder — (16,235,403) (3,592,623) (387,707) Net change in unrealized loss from loans (17,939,853) — — — Ending balance $ 430,334,873 $ — $ — $ — Net change in unrealized loss from loans still held at September 30, 2024 $ (17,939,854) For the Three Months Ended September 30, 2023 For the Nine Months Ended September 30, 2023 Loans Warrants Loans Warrants Beginning balance $ 328,461,221 $ — $ 268,498,972 $ — Acquisitions and originations 65,124,490 4,952,614 159,186,990 12,549,587 Principal payments on loans, net of accretion (17,509,010) — (49,334,242) — Distributions to shareholder — (4,952,614) — (12,549,587) Net change in unrealized loss from loans (6,312,605) — (8,587,624) — Ending balance $ 369,764,096 $ — $ 369,764,096 $ — Net change in unrealized loss from loans and other assets still held at September 30, 2023 $ (6,312,605) $ (8,587,624)

CAPITAL STOCK (Tables)

CAPITAL STOCK (Tables)	9 Months Ended
	Sep. 30, 2024
Stockholders' Equity Note [Abstract]
Schedule of Distributions of Capital Stock	The chart below shows the distributions of the Fund for the nine months ended September 30, 2024 and 2023: For the Nine Months Ended September 30, 2024 For the Nine Months Ended September 30, 2023 Cash distributions $ 7,266,000 $ — Distributions of equity securities 20,215,733 12,549,587 Total distributions to shareholder $ 27,481,733 $ 12,549,587

DEBT FACILITY (Tables)

DEBT FACILITY (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Term SOFR Rate	As of September 30, 2024, the Term SOFR rates were as follows: 1-month Term SOFR 4.8457 % 3-month Term SOFR 4.5921 % 6-month Term SOFR 4.2539 %
Schedule of Outstanding Facility Draws	The following is the summary of the outstanding facility draws as of September 30, 2024: Amount Maturity Date Weighted Average All-In Interest Rate (a) Adjusted Term SOFR Rate Loan $176,500,000 October 18, 2026 7.2269% Total Outstanding $176,500,000 (a) Inclusive of Applicable SOFR Margin of 2.26800% as of September 30, 2024 plus 0.11448% SOFR Adjustment. The following is the summary of the outstanding facility draws as of December 31, 2023: Amount Maturity Date Weighted Average All-In Interest Rate (a) Adjusted Term SOFR Rate Loan $197,500,000 October 18, 2026 7.6672% Total Outstanding $197,500,000 (a) Inclusive of Applicable SOFR Margin of 2.20000% as of December 31, 2023 plus 0.11448% SOFR Adjustment.

MANAGEMENT FEE AND RELATED PA_2

MANAGEMENT FEE AND RELATED PARTIES (Tables)	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
Schedule of Management Fees	The aggregate annual amount of Management Fee for each annual period (which is comprised of four whole fiscal quarters and which, in the case of the first year, commenced on the first day of the first fiscal quarter following the first capital contribution) 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%

DERIVATIVE INSTRUMENTS (Tables)

DERIVATIVE INSTRUMENTS (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivatives	The Fund entered into interest rate collar transactions with Zions Bancorporation, N.A. dba California Bank & Trust. Certain information related to the Fund's interest rate collar contracts is presented below: Counterparties Effective Date Notional Amount Cap Floor Index Maturity Date Zions Bancorporation, N.A. 12/29/2023 $50,000,000 5.30% 3.65% 1 mo.USD-SOFR CME Term 12/31/2024 Zions Bancorporation, N.A. 12/29/2023 $50,000,000 5.30% 2.30% 1 mo.USD-SOFR CME Term 12/31/2025
Schedule of Fair Value of Derivative Liabilities	The following table shows the Fund's derivative instruments at fair value on the Fund's Condensed Statements of Assets and Liabilities as of September 30, 2024 and December 31, 2023: Derivative Liabilities Derivative Instruments September 30, 2024 December 31, 2023 Interest rate collar $ 53,728 $ 110,917
Schedule of Fair Value of Derivative Assets	The following table shows the Fund's derivative instruments at fair value on the Fund's Condensed Statements of Assets and Liabilities as of September 30, 2024 and December 31, 2023: Derivative Liabilities Derivative Instruments September 30, 2024 December 31, 2023 Interest rate collar $ 53,728 $ 110,917
Schedule of Effect of Derivative Instruments on Statements of Operations	The following table shows the effect of the Fund's derivative instruments on the Fund's Condensed Statements of Operations for the three and nine months ended September 30, 2024 and 2023: For the Three Months Ended For the Nine Months Ended Derivative Instruments Condensed Statements of Operations Caption September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023 Interest rate collar Net change in unrealized gain (loss) from derivative instruments $ (110,351) $ — $ 57,189 $ — Net realized gain from derivative instruments $ 7,669 $ — $ 23,597 $ —
Schedule of Derivatives, Offsetting Liabilities	The following table shows the Fund's assets and liabilities related to derivatives by counterparty, net of amounts available for offset under the master netting agreement and net of any collateral received or pledged by the Fund for such assets and liabilities as of September 30, 2024 and December 31, 2023: As of September 30, 2024 Counterparties Derivative Liability Subject to Master Netting Agreement Derivatives Available for Offset Non-cash Collateral Pledged Cash Collateral Pledged Net Amount (1) Zions Bancorporation, N.A. $ (53,728) $ — $ — $ — $ (53,728) Total $ (53,728) $ — $ — $ — $ (53,728) As of December 31, 2023 Counterparties Derivative Liability Subject to Master Netting Agreement Derivatives Available for Offset Non-cash Collateral Pledged Cash Collateral Pledged Net Amount (1) Zions Bancorporation, N.A. $ (110,917) $ — $ — $ — $ (110,917) Total $ (110,917) $ — $ — $ — $ (110,917) (1) Net amount of derivative liabilities represents the net amount owed by the Fund to the counterparty.

TAX STATUS (Tables)

TAX STATUS (Tables)	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Schedule of 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 September 30, 2024 and December 31, 2023: As of September 30, 2024 Asset Cost Unrealized Appreciation Unrealized Depreciation Net Appreciation (Depreciation) Loans $ 462,668,332 $ — $ (32,333,459) $ (32,333,459) Total $ 462,668,332 $ — $ (32,333,459) $ (32,333,459) As of September 30, 2024 Liability Cost Unrealized Appreciation Unrealized Depreciation Net Appreciation (Depreciation) Derivative liability $ — $ — $ (53,728) $ (53,728) Total $ — $ — $ (53,728) $ (53,728) As of December 31, 2023 Asset Cost Unrealized Appreciation Unrealized Depreciation Net Appreciation (Depreciation) Loans $ 417,993,719 $ — $ (14,393,606) $ (14,393,606) Total $ 417,993,719 $ — $ (14,393,606) $ (14,393,606) As of December 31, 2023 Liability Cost Unrealized Appreciation Unrealized Depreciation Net Appreciation (Depreciation) Derivative liability $ — $ — $ (110,917) $ (110,917) Total $ — $ — $ (110,917) $ (110,917)

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Unexpired Unfunded Commitments	The tables below are the Fund’s unexpired unfunded commitments as of September 30, 2024 and December 31, 2023: Borrower Industry Unexpired Unfunded Commitment as of September 30, 2024 Expiration Date Abacum Inc. Software $ 1,500,000 12/31/24 AI Netomi, Inc. Software 2,250,000 01/31/25 American Castanea PBC Other Technology 1,750,000 04/30/25 Carbon Ridge, Inc. Other Technology 1,125,000 04/01/25 Charlie Financial Inc. Other Healthcare 3,500,000 03/31/25 Creoate Limited Other Technology 3,285,000 05/31/25 GoForward, Inc. Other Healthcare 30,000,000 12/31/26 Juvo Mobile, Inc. Wireless 750,000 11/15/24 Merlin Labs, Inc. Other Technology 10,000,000 11/01/24 Modern Animal, Inc. Other Healthcare 10,000,000 01/31/25 Nextivity, Inc. Wireless 5,000,000 10/31/24 Overdrive Products Inc. Other Technology 1,500,000 03/31/25 Borrower Industry Unexpired Unfunded Commitment as of September 30, 2024 Expiration Date Owlet Baby Care, Inc. Other Technology 5,625,000 08/15/25 Parkoursc, Inc. Software 1,000,000 10/31/24 Prima Holdings Limited Technology Services 3,000,000 04/30/26 Swiftly Systems, Inc. Software 20,000,000 12/31/24 Threedium Ltd. Internet 1,750,000 07/31/25 Truepic Inc. Software 3,000,000 12/31/24 Vesta Housing, Inc. Software 3,750,000 05/31/25 ZeroCater, Inc. Software 2,475,000 01/31/25 Total $ 111,260,000 Borrower Industry Unexpired Unfunded Commitment as of December 31, 2023 Expiration Date 2045 Studio, Inc. Technology Services $ 750,000 03/15/24 Badiani Limited Other Technology 500,000 01/31/24 Charlie Financial Inc. Other Healthcare 7,000,000 03/31/25 Findigs, Inc. Internet 3,500,000 07/15/24 GoForward, Inc. Other Healthcare 30,000,000 12/31/26 Hdata, Inc. Software 500,000 04/30/24 High Definition Vehicle Insurance, Inc. Other Technology 2,500,000 07/15/24 Higher Ground Education, Inc. Other Technology 5,000,000 01/31/24 Kolors, Inc. Software 2,000,000 04/30/24 Kushki Group Holdings Ltd. Software 10,000,000 06/30/24 Make Cents Technologies Inc. Software 10,000,000 03/31/24 Modern Animal, Inc. Other Healthcare 30,000,000 01/31/25 Ripple Foods, PBC Other Technology 4,000,000 04/30/24 Runzy, Inc. Other Technology 500,000 07/31/24 Safe Securities Inc. Software 4,000,000 06/30/24 Semsee Corp. Software 2,000,000 03/01/24 Swiftly Systems, Inc. Software 20,000,000 12/31/24 Total $ 132,250,000

FINANCIAL HIGHLIGHTS (Tables)

FINANCIAL HIGHLIGHTS (Tables)	9 Months Ended
	Sep. 30, 2024
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 September 30, 2024 For the Three Months Ended September 30, 2023 For the Nine Months Ended September 30, 2024 For the Nine Months Ended September 30, 2023 Total return ** 4.01 % 1.60 % 11.18 % 12.15 % Per share amounts: Net asset value, beginning of period $ 2,869.3 $ 1,587.59 $ 2,273.02 $ 1,137.31 Net investment income 139.09 88.65 454.14 252.65 Net realized and change in unrealized loss from loans and derivative instruments (24.20) (63.12) (178.59) (85.87) Net increase in net assets resulting from operations 114.89 25.53 275.55 166.78 Distributions of income to shareholder (110.44) (49.53) (274.82) (125.50) Contributions from shareholder — 100.00 600.00 485.00 Net asset value, end of period $ 2,873.75 $ 1,663.59 $ 2,873.75 $ 1,663.59 Net assets, end of period $ 287,375,056 $ 166,358,662 $ 287,375,056 $ 166,358,662 Ratios to average net assets: Expenses * 7.30 % 16.21 % 8.76 % 11.68 % Net investment income * 19.39 % 22.25 % 23.56 % 17.30 % Portfolio turnover rate — % — % — % — % Average debt outstanding $ 151,625,000 $ 222,500,000 $ 172,050,000 $ 193,050,000 * Annualized. ** Total return amounts presented above are not annualized.

ORGANIZATION AND OPERATIONS O_2

ORGANIZATION AND OPERATIONS OF THE FUND (Details) - USD ($)	1 Months Ended	9 Months Ended
	Oct. 31, 2020	Sep. 30, 2024	Dec. 31, 2023
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
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	$ 25,000
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%

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	9 Months Ended		12 Months Ended
	Sep. 30, 2024 USD ($) bank_account financial_institution $ / shares shares		Dec. 31, 2023 USD ($) $ / shares shares
Summary of Investment Holdings [Line Items]
Investment Company, Accounting and Reporting under Topic 946 [true false]	true
Number of bank accounts | bank_account	2
Number of financial institutions | financial_institution	2
Cash	$ 200,000		$ 200,000
Percent of net assets, cash and cash equivalents	10.33%		7.58%
Loans	$ 430,334,873	[1]	$ 403,600,113
Percent of assets	91.90%		93.80%
Loans with costs basis classified as non-accrual	$ 54,500,000		$ 19,400,000
Loans with fair value classified as non-accrual	$ 23,000,000		$ 5,800,000
Average duration of warrant (in years)	4 years		4 years
First American Government Obligations Fund Class Z
Summary of Investment Holdings [Line Items]
Issuance of shares (in dollars per share) | $ / shares	$ 1		$ 1
Yield	4.78%		5.26%
First American Government Obligations Fund Class Z | Capital Unit, Class Z
Summary of Investment Holdings [Line Items]
Shares issued in period (in shares) | shares	29,474,225		17,030,603
[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 most advantageous 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	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Weighted-Average Interest Rate - Cash	14.26%	13.53%	15.72%	13.88%
Weighted-Average Interest Rate - Non-Cash	3.95%	3.36%	4.65%	3.59%
Weighted-Average Interest Rate	18.21%	16.89%	20.37%	17.47%
Performing Loans
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Weighted-Average Interest Rate - Cash	14.87%	13.78%	16.19%	14.06%
Weighted-Average Interest Rate - Non-Cash	4.13%	3.43%	4.78%	3.64%
Weighted-Average Interest Rate	19%	17.21%	20.97%	17.70%

FAIR VALUE DISCLOSURES - Narrat

FAIR VALUE DISCLOSURES - Narrative (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Unexpired unfunded commitments	$ 111,260,000	$ 132,250,000

FAIR VALUE DISCLOSURES - Schedu

FAIR VALUE DISCLOSURES - Schedule of Fair Value Measurement Inputs and Valuation Techniques (Details)	Sep. 30, 2024 USD ($)		Dec. 31, 2023 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 430,334,873	[1]	$ 403,600,113
Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	430,334,873		403,600,113
Level 3 | Biotechnology | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 9,395,142		$ 11,884,907
Level 3 | Biotechnology | Minimum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.16		0.16
Level 3 | Biotechnology | Maximum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.18		0.18
Level 3 | Biotechnology | Weighted Average | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.17		0.17
Level 3 | Computers & Storage | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 6,314,705		$ 6,981,592
Level 3 | Computers & Storage | Minimum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.15		15
Level 3 | Computers & Storage | Maximum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.16		0.16
Level 3 | Computers & Storage | Weighted Average | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.15		0.15
Level 3 | Internet | Most Advantageous Market Analysis and Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 34,967,326		$ 42,116,651
Level 3 | Internet | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input			0.50
Level 3 | Internet | Minimum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.16		0.13
Level 3 | Internet | Minimum | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.05
Level 3 | Internet | Maximum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.27		0.33
Level 3 | Internet | Maximum | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.95
Level 3 | Internet | Weighted Average | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.18		0.17
Level 3 | Medical Devices | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 3,391,302		$ 3,660,064
Level 3 | Medical Devices | Minimum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.20		0.20
Level 3 | Medical Devices | Maximum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.21		0.21
Level 3 | Medical Devices | Weighted Average | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.20		0.21
Level 3 | Other Healthcare | Most Advantageous Market Analysis and Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value			$ 22,991,337
Level 3 | Other Healthcare | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 42,165,249
Level 3 | Other Healthcare | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input			1
Level 3 | Other Healthcare | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	1
Level 3 | Other Healthcare | Minimum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.16		0.17
Level 3 | Other Healthcare | Maximum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.28		0.28
Level 3 | Other Healthcare | Weighted Average | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.19		0.20
Level 3 | Other Technology | Most Advantageous Market Analysis and Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 187,806,098		$ 159,031,085
Level 3 | Other Technology | Minimum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.14		0.10
Level 3 | Other Technology | Minimum | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.05		0.13
Level 3 | Other Technology | Maximum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.54		1
Level 3 | Other Technology | Maximum | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	1		0.74
Level 3 | Other Technology | Weighted Average | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.21		0.18
Level 3 | Security | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 2,239,223		$ 3,718,921
Level 3 | Security | Minimum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input			0.13
Level 3 | Security | Maximum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input			0.16
Level 3 | Security | Weighted Average | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.13		0.14
Level 3 | Semiconductors & Equipment | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 4,663,907		$ 4,821,317
Level 3 | Semiconductors & Equipment | Weighted Average | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.16		0.18
Level 3 | Software | Most Advantageous Market Analysis and Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 115,120,043		$ 116,428,842
Level 3 | Software | Minimum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.13		0.05
Level 3 | Software | Minimum | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.10		0.13
Level 3 | Software | Maximum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.30		0.85
Level 3 | Software | Maximum | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	1		0.24
Level 3 | Software | Weighted Average | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.18		0.17
Level 3 | Technology Services | Most Advantageous Market Analysis and Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 11,033,723		$ 28,168,760
Level 3 | Technology Services | Minimum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.16		0.10
Level 3 | Technology Services | Minimum | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.10		0.16
Level 3 | Technology Services | Maximum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.20		0.60
Level 3 | Technology Services | Maximum | Probability weighting of alternative outcomes | Asset Recovery
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.50		0.22
Level 3 | Technology Services | Weighted Average | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.18		0.20
Level 3 | Wireless | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 13,238,155		$ 3,796,637
Level 3 | Wireless | Minimum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.18
Level 3 | Wireless | Maximum | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	21
Level 3 | Wireless | Weighted Average | Most advantageous market coupon rate | Most advantageous market analysis
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement input	0.20		0.17
[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 most advantageous 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 ($)	Sep. 30, 2024		Dec. 31, 2023
ASSETS:
Loans	$ 430,334,873	[1]	$ 403,600,113
Cash equivalents	29,474,225		17,030,603
Total assets	459,809,098		420,630,716
LIABILITIES:
Borrowings under debt facility	176,500,000		197,500,000
Derivative liability	53,728		110,917
Total liabilities	176,553,728		197,610,917
Level 1
ASSETS:
Loans	0		0
Cash equivalents	29,474,225		17,030,603
Total assets	29,474,225		17,030,603
LIABILITIES:
Borrowings under debt facility	0		0
Derivative liability	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	176,500,000		197,500,000
Derivative liability	53,728		110,917
Total liabilities	176,553,728		197,610,917
Level 3
ASSETS:
Loans	430,334,873		403,600,113
Cash equivalents	0		0
Total assets	430,334,873		403,600,113
LIABILITIES:
Borrowings under debt facility	0		0
Derivative liability	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 most advantageous market and the estimates may include the use of significant unobservable inputs.

FAIR VALUE DISCLOSURES - Sche_2

FAIR VALUE DISCLOSURES - Schedule of Changes in Level 3 Assets Measured at Fair Value on Recurring Basis (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 380,905,915	$ 328,461,221	$ 403,600,113	$ 268,498,972
Acquisitions and originations	81,332,000	65,124,490	171,740,000	159,186,990
Principal payments on loans, net of accretion and Distributions to shareholder	(29,585,528)	(17,509,010)	(127,065,387)	(49,334,242)
Net change in unrealized loss from loans		(6,312,605)	(17,939,853)	(8,587,624)
Ending balance	430,334,873	369,764,096	430,334,873	369,764,096
Net change in unrealized loss from loans still held	(2,317,514)		(17,939,854)
Loans | Net realized loss from loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized loss from loans	0
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	(2,317,514)
Warrants
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	0	0	0	0
Acquisitions and originations	5,617,455	4,952,614	16,235,403	12,549,587
Principal payments on loans, net of accretion and Distributions to shareholder		(4,952,614)	(16,235,403)	(12,549,587)
Net change in unrealized loss from loans	(5,617,455)
Ending balance	0	$ 0	0	$ 0
Stock
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	0		0
Acquisitions and originations	1,426,754		3,592,623
Principal payments on loans, net of accretion and Distributions to shareholder	(1,426,754)		(3,592,623)
Ending balance	0		0
Convertible Notes
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance			0
Acquisitions and originations			387,707
Principal payments on loans, net of accretion and Distributions to shareholder			(387,707)
Ending balance	$ 0		$ 0

CAPITAL STOCK - Narrative (Deta

CAPITAL STOCK - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
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 outstanding (in shares)	100,000	100,000
Contributions from shareholder	$ 500	$ 500
Contributed capital to shareholder	336	276
WTI Fund X, LLC
Capital Unit [Line Items]
Contributed capital to shareholder	$ 375	$ 305

CAPITAL STOCK - Distributions o

CAPITAL STOCK - Distributions of Capital Stock (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Capital Unit [Line Items]
Total distributions to shareholder	$ 27,481,733	$ 12,549,587
Cash distributions
Capital Unit [Line Items]
Total distributions to shareholder	7,266,000	0
Distributions of equity securities
Capital Unit [Line Items]
Total distributions to shareholder	$ 20,215,733	$ 12,549,587

DEBT FACILITY - Narrative (Deta

DEBT FACILITY - Narrative (Details) - USD ($)			9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2024	Jun. 15, 2023
Debt Instrument [Line Items]
Asset coverage ratio	262%	214%	262%
Borrowings under debt facility	$ 176,500,000	$ 197,500,000	$ 176,500,000
Revolving Credit Facility | Loan Agreement
Debt Instrument [Line Items]
Maximum borrowing capacity	250,000,000		250,000,000
Additional borrowing capacity	$ 125,000,000		$ 125,000,000
Revolving Credit Facility | Loan Agreement | Line of Credit
Debt Instrument [Line Items]
Basis spread on variable rate	2.268%	2.20%
Applicable variable rate margin, contributor one	1.75%		1.75%
Applicable variable rate margin, contributor two	2.50%		2.50%
Percentage of maximum amount available			50%
Borrowings under debt facility	$ 176,500,000	$ 197,500,000	$ 176,500,000
Bank fees and other costs				$ 2,200,000
Unamortized fees and costs	$ 900,000	$ 1,300,000	$ 900,000
Minimum Hedge Percentage	20%		20%
Subscription Secured Borrowings threshold percentage	25%		25%
Revolving Credit Facility | Loan Agreement | Line of Credit | Minimum
Debt Instrument [Line Items]
Unused line fee percentage			0.25%
Revolving Credit Facility | Loan Agreement | Line of Credit | Maximum
Debt Instrument [Line Items]
Unused line fee percentage			0.50%
Revolving Credit Facility | Loan Agreement | Line of Credit | 1-month Term SOFR
Debt Instrument [Line Items]
Basis spread on variable rate			0.11448%
Interest period (in months)			1 month
Revolving Credit Facility | Loan Agreement | Line of Credit | 3-month Term SOFR
Debt Instrument [Line Items]
Basis spread on variable rate			0.26161%
Interest period (in months)			3 months
Revolving Credit Facility | Loan Agreement | Line of Credit | 6-month Term SOFR
Debt Instrument [Line Items]
Basis spread on variable rate			0.42826%
Interest period (in months)			6 months

DEBT FACILITY - Schedule of the

DEBT FACILITY - Schedule of the Outstanding Facility Draws (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Amount	$ 176,500,000	$ 197,500,000
Revolving Credit Facility | Loan Agreement | Line of Credit
Debt Instrument [Line Items]
Amount	$ 176,500,000	$ 197,500,000
Weighted Average All-In Interest Rate	7.2269%	7.6672%
Basis spread on variable rate	2.268%	2.20%
Revolving Credit Facility | Loan Agreement | Line of Credit | SOFR Adjustment
Debt Instrument [Line Items]
Basis spread on variable rate	0.11448%	0.11448%

MANAGEMENT FEE AND RELATED PA_3

MANAGEMENT FEE AND RELATED PARTIES - Management Fees (Details)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Related Party Transaction [Line Items]
Management Fee	1.575%	1.60%
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 AND RELATED PA_4

MANAGEMENT FEE AND RELATED PARTIES - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Management fee payable	$ 1,968,750		$ 1,968,750		$ 1,968,750
Management fee rate			1.575%	1.60%
Management fees	1,968,750	$ 2,000,000	$ 5,906,250	$ 6,000,000
Year 9
Related Party Transaction [Line Items]
Management fee payable
Management fee rate			0.15%

DERIVATIVE INSTRUMENTS - Schedu

DERIVATIVE INSTRUMENTS - Schedule of Derivatives (Details) - Zions Bancorporation, N.A. - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Interest Rate Collar, Cap Rate 5.30%, Floor Rate 3.65%, Maturity 12/31/2024
Derivative [Line Items]
Notional Amount	$ 50,000,000	$ 50,000,000
Cap	5.30%
Floor	3.65%
Interest Rate Collar, Cap Rate 5.30%, Floor Rate 2.30%, Maturity 12/31/2025
Derivative [Line Items]
Notional Amount	$ 50,000,000	$ 50,000,000
Cap	5.30%
Floor	2.30%

DERIVATIVE INSTRUMENTS - Fair V

DERIVATIVE INSTRUMENTS - Fair Value of Derivative Assets and Liabilities (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Derivative [Line Items]
Derivative liability	$ 53,728	$ 110,917
Interest rate collar
Derivative [Line Items]
Derivative liability	$ 53,728	$ 110,917

DERIVATIVE INSTRUMENTS - Effect

DERIVATIVE INSTRUMENTS - Effect of Derivative Instruments on Statements of Operations (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative [Line Items]
Net change in unrealized gain (loss) from derivative instruments	$ (110,351)	$ 0	$ 57,189	$ 0
Net realized gain from derivative instruments	7,669	0	23,597	0
Interest rate collar
Derivative [Line Items]
Net change in unrealized gain (loss) from derivative instruments	(110,351)	0	57,189	0
Net realized gain from derivative instruments	$ 7,669	$ 0	$ 23,597	$ 0

DERIVATIVE INSTRUMENTS - Deriva

DERIVATIVE INSTRUMENTS - Derivatives, Offsetting Liability (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Derivative [Line Items]
Derivative Liability Subject to Master Netting Agreement	$ (53,728)	$ (110,917)
Derivatives Available for Offset	0	0
Non-cash Collateral Pledged	0	0
Cash Collateral Pledged	0	0
Net Amount	(53,728)	(110,917)
Zions Bancorporation, N.A.
Derivative [Line Items]
Derivative Liability Subject to Master Netting Agreement	(53,728)	(110,917)
Derivatives Available for Offset	0	0
Non-cash Collateral Pledged	0	0
Cash Collateral Pledged	0	0
Net Amount	$ (53,728)	$ (110,917)

DERIVATIVE INSTRUMENTS - Narrat

DERIVATIVE INSTRUMENTS - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative assets	$ 0	$ 0

TAX STATUS - Schedule of Cost o

TAX STATUS - Schedule of Cost of Investments for Federal Income Tax Purposes and Appreciation (Depreciation) of Investments (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Asset
Investments, Owned, Federal Income Tax Note [Line Items]
Cost	$ 462,668,332	$ 417,993,719
Unrealized Appreciation	0	0
Unrealized Depreciation	(32,333,459)	(14,393,606)
Net Appreciation (Depreciation)	(32,333,459)	(14,393,606)
Liability
Investments, Owned, Federal Income Tax Note [Line Items]
Cost	0	0
Unrealized Appreciation	0	0
Unrealized Depreciation	(53,728)	(110,917)
Net Appreciation (Depreciation)	(53,728)	(110,917)
Derivative liability | Liability
Investments, Owned, Federal Income Tax Note [Line Items]
Cost	0	0
Unrealized Appreciation	0	0
Unrealized Depreciation	(53,728)	(110,917)
Net Appreciation (Depreciation)	(53,728)	(110,917)
Loans | Asset
Investments, Owned, Federal Income Tax Note [Line Items]
Cost	462,668,332	417,993,719
Unrealized Appreciation	0	0
Unrealized Depreciation	(32,333,459)	(14,393,606)
Net Appreciation (Depreciation)	$ (32,333,459)	$ (14,393,606)

TAX STATUS - Narratives (Detail

TAX STATUS - Narratives (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Operating loss carryforwards	$ 0
Derivative assets
Investments, Owned, Federal Income Tax Note [Line Items]
Unrealized appreciation	$ 0	$ 0

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Narrative (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Unexpired unfunded commitments to borrowers	$ 111,260,000	$ 132,250,000

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Unexpired Unfunded Commitments (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	$ 111,260,000	$ 132,250,000
Investment, Identifier [Axis]: 2045 Studio, Inc., Technology Services
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		750,000
Investment, Identifier [Axis]: AI Netomi, Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	2,250,000
Investment, Identifier [Axis]: Abacum Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,500,000
Investment, Identifier [Axis]: American Castanea PBC, Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,750,000
Investment, Identifier [Axis]: Badiani Limited, Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		500,000
Investment, Identifier [Axis]: Carbon Ridge, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,125,000
Investment, Identifier [Axis]: Charlie Financial Inc., Other Healthcare
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	3,500,000	7,000,000
Investment, Identifier [Axis]: Creoate Limited, Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	3,285,000
Investment, Identifier [Axis]: Findigs, Inc., Internet
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		3,500,000
Investment, Identifier [Axis]: GoForward, Inc., Other Healthcare
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	30,000,000	30,000,000
Investment, Identifier [Axis]: Hdata, Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		500,000
Investment, Identifier [Axis]: High Definition Vehicle Insurance, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		2,500,000
Investment, Identifier [Axis]: Higher Ground Education, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		5,000,000
Investment, Identifier [Axis]: Juvo Mobile, Inc., Wireless
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	750,000
Investment, Identifier [Axis]: Kolors, Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		2,000,000
Investment, Identifier [Axis]: Kushki Group Holdings Ltd., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		10,000,000
Investment, Identifier [Axis]: Make Cents Technologies Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		10,000,000
Investment, Identifier [Axis]: Merlin Labs, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	10,000,000
Investment, Identifier [Axis]: Modern Animal, Inc., Other Healthcare
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	10,000,000	30,000,000
Investment, Identifier [Axis]: Nextivity, Inc., Wireless
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	5,000,000
Investment, Identifier [Axis]: Overdrive Products Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,500,000
Investment, Identifier [Axis]: Owlet Baby Care, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	5,625,000
Investment, Identifier [Axis]: Parkoursc, Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,000,000
Investment, Identifier [Axis]: Prima Holdings Limited, Technology Services
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	3,000,000
Investment, Identifier [Axis]: Ripple Foods, PBC, Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		4,000,000
Investment, Identifier [Axis]: Runzy, Inc., Other Technology
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		500,000
Investment, Identifier [Axis]: Safe Securities Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		4,000,000
Investment, Identifier [Axis]: Semsee Corp., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment		2,000,000
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]: Threedium Ltd., Internet
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	1,750,000
Investment, Identifier [Axis]: Truepic Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	3,000,000
Investment, Identifier [Axis]: Vesta Housing, Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	3,750,000
Investment, Identifier [Axis]: ZeroCater, Inc., Software
Financial Support for Nonconsolidated Legal Entity [Line Items]
Unexpired Unfunded Commitment	$ 2,475,000

FINANCIAL HIGHLIGHTS (Details)

FINANCIAL HIGHLIGHTS (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Investment Company [Abstract]
Total return	4.01%	1.60%	11.18%	12.15%
Per share amounts:
Net asset value, beginning of period (in dollars per share)	$ 2,869.3	$ 1,587.59	$ 2,273.02	$ 1,137.31
Net investment income (in dollars per share)	139.09	88.65	454.14	252.65
Net realized and change in unrealized loss from loans and derivative instruments (in dollars per share)	(24.20)	(63.12)	(178.59)	(85.87)
Net increase in net assets resulting from operations (in dollars per share)	114.89	25.53	275.55	166.78
Distributions of income to shareholder (in dollars per share)	(110.44)	(49.53)	(274.82)	(125.50)
Contributions from shareholder (in dollars per share)	0	100	600	485
Net asset value, end of period (in dollars per share)	$ 2,873.75	$ 1,663.59	$ 2,873.75	$ 1,663.59
Net assets, end of period	$ 287,375,056	$ 166,358,662	$ 287,375,056	$ 166,358,662	$ 286,930,187	$ 227,302,136	$ 158,758,987	$ 113,730,798
Ratios to average net assets:
Expenses	7.30%	16.21%	8.76%	11.68%
Net investment income	19.39%	22.25%	23.56%	17.30%
Portfolio turnover rate	0%	0%	0%	0%
Average debt outstanding	$ 151,625,000	$ 222,500,000	$ 172,050,000	$ 193,050,000