| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Investment Affiliated Issuer Controlled | 8,896 | NaN | 13,417 | 12,979 |
| Investment Affiliated Issuer Noncontrolled | 953,175 | NaN | 1,177,248 | 1,264,789 |
| Investment Unaffiliated Issuer | 220,688 | NaN | 234,469 | 236,794 |
| Total interest from portfolio companies | 1,182,759 | NaN | 1,425,134 | 1,514,562 |
| Investment Income Interest | 13,801 | NaN | 73,488 | 36,556 |
| Total interest from other investments | 13,801 | NaN | 73,488 | 36,556 |
| Total dividend and other investment income-Investment Affiliated Issuer Noncontrolled | NaN | NaN | 0 | 0 |
| Total dividend and other investment income-Investment Unaffiliated Issuer | 0 | NaN | 0 | 0 |
| Total dividend and other investment income | 0 | NaN | 0 | 0 |
| Investment Affiliated Issuer Controlled | 4,516 | NaN | 4,515 | 4,516 |
| Investment Affiliated Issuer Noncontrolled | 35,001 | NaN | 72,714 | 42,891 |
| Investment Unaffiliated Issuer | 3,772 | NaN | 3,772 | 3,772 |
| Total fee income | 43,289 | NaN | 81,001 | 51,179 |
| Total investment income | 1,239,849 | NaN | 1,579,623 | 1,602,297 |
| Base management fee (see note 8) | 189,695 | NaN | 184,382 | 217,649 |
| Income based incentive fees (see note 8) | 0 | NaN | 66,505 | NaN |
| Capital gains incentive fees (see note 8) | 0 | NaN | 0 | NaN |
| Interest expense | 29,610 | NaN | 25,416 | 25,417 |
| Professional fees | 223,622 | NaN | 133,415 | 142,020 |
| Stockholders and office operating | 61,269 | NaN | 59,398 | 103,349 |
| Directors' fees | 73,375 | NaN | 66,550 | 66,550 |
| Income based incentive fees (see note 8) | NaN | NaN | NaN | 0 |
| Administrative fees | 50,700 | NaN | 50,250 | 50,250 |
| Insurance | 9,972 | NaN | 8,250 | 9,974 |
| Corporate development | 3,674 | NaN | 2,037 | -2,493 |
| Capital gains incentive fees (see note 8) | NaN | NaN | NaN | -1,490,000 |
| Bad debt expense | 0 | NaN | 0 | 13,125 |
| Total expenses | 641,917 | NaN | 596,203 | -864,159 |
| Net investment income before income taxes | 597,932 | NaN | 983,420 | 2,466,456 |
| Investment Affiliated Issuer Controlled | NaN | NaN | 0 | NaN |
| Income tax expense (benefit) | 52,905 | NaN | -9,159 | -11,778 |
| Investment Affiliated Issuer Noncontrolled | NaN | NaN | -481,647 | NaN |
| Net investment income | 545,027 | 82,691.5* | 992,579 | 2,478,234 |
| Investment Unaffiliated Issuer | NaN | NaN | 189,944 | NaN |
| Investment Affiliated Issuer Noncontrolled | NaN | -480,993.5* | NaN | NaN |
| Change in unrealized appreciation/depreciation before income taxes | NaN | NaN | -291,703 | NaN |
| Investment Unaffiliated Issuer | NaN | -19,334.75* | NaN | NaN |
| Deferred income tax expense (benefit) | NaN | NaN | 4,741 | NaN |
| Net realized (loss) gain on sales and dispositions of investments, before income taxes | NaN | -500,328.25* | NaN | NaN |
| Net realized (loss) gain on sales and dispositions of investments-Investment Unaffiliated Issuer | NaN | NaN | -77,314 | 0 |
| Net change in unrealized appreciation/depreciation on investments | NaN | NaN | -296,444 | NaN |
| Income tax expense | NaN | 0* | NaN | NaN |
| Net realized (loss) gain on sales and dispositions of investments-Investment Affiliated Issuer Noncontrolled | NaN | NaN | -2,850,015 | 0 |
| Net realized (loss) gain on sales and dispositions of investments | NaN | -500,328.25* | NaN | NaN |
| Investment Affiliated Issuer Controlled | NaN | -1,475,000* | 0 | 0 |
| Investment Affiliated Issuer Noncontrolled | NaN | 7,991,175.25* | -481,647 | -10,122,270 |
| Investment Unaffiliated Issuer | NaN | 1,000,000* | 189,944 | -189,944 |
| Change in unrealized appreciation/depreciation before income taxes | NaN | 7,516,175.25* | -291,703 | -10,312,214 |
| Deferred income tax expense (benefit) | NaN | 187,136.5* | 4,741 | -97,826 |
| Net realized gain (loss) on sales and dispositions of investments | NaN | NaN | NaN | 0 |
| Net change in unrealized appreciation/depreciation on investments | NaN | 7,329,038.75* | -296,444 | -10,214,388 |
| Net realized and unrealized gain on investments | -912,496 | 6,828,710.5* | -3,223,773 | -10,214,388 |
| Net (decrease) increase in net assets from operations | -367,469 | 6,911,402 | -2,231,194 | -7,736,154 |
| Basic EPS | -0.12 | 2.386 | -0.75 | -2.6 |
| Diluted EPS | -0.12 | 2.386 | -0.75 | -2.6 |
| Basic Average Shares | 2,969,814 | 2,896,317 | 2,969,814 | 2,969,814 |
| Diluted Average Shares | 2,969,814 | 2,896,317 | 2,969,814 | 2,969,814 |
RAND CAPITAL CORP (RAND)
RAND CAPITAL CORP (RAND)