$MCVT
Mill City Ventures III, Ltd Stock $mcvt

$mcvt Overview Financials Valuation SEC Filings Company Website

2022 Q4 Form 10-Q Financial Statement

#000165495422015573 Filed on November 18, 2022

Income Statement

Concept	2022 Q4	2022 Q3
Revenue	$847.5K	-$64.57K
YoY Change	24.96%	-112.51%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$499.8K	$1.133M
YoY Change	50.91%	372.92%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$499.8K	$1.180M
YoY Change	50.91%	392.44%
Operating Profit
YoY Change
Interest Expense	-$832.0K	$46.78K
YoY Change	2662.12%	-109.64%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$484.2K	-$64.57K
YoY Change	-252.78%	-308.36%
Income Tax	-$167.9K	-$28.44K
% Of Pretax Income
Net Earnings	-$316.3K	-$36.13K
YoY Change	-215.76%	-215.47%
Net Earnings / Revenue	-37.32%
Basic Earnings Per Share		-$0.01
Diluted Earnings Per Share	-$0.05	-$6.554K
COMMON SHARES
Basic Shares Outstanding	6.185M shares	6.075M
Diluted Shares Outstanding

Balance Sheet

Concept	2022 Q4	2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.090M	$1.862M
YoY Change	-43.72%	-48.21%
Cash & Equivalents	$1.090M	$1.862M
Short-Term Investments
Other Short-Term Assets	$49.22K	$116.3K
YoY Change	-41.17%	-9.61%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$1.640M	$3.167M
YoY Change	-36.79%	-29.69%
LONG-TERM ASSETS
Property, Plant & Equipment	$16.40K	$21.56K
YoY Change	229.32%	123.19%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.423M	$149.3K
YoY Change	-41.91%	-89.5%
Other Assets	$201.0K	$4.000K
YoY Change
Total Long-Term Assets	$16.93M	$18.09M
YoY Change	20.01%	63.45%
TOTAL ASSETS
Total Short-Term Assets	$1.640M	$3.167M
Total Long-Term Assets	$16.93M	$18.09M
Total Assets	$18.57M	$21.26M
YoY Change	11.19%	36.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$136.5K	$134.0K
YoY Change	113.2%	385.23%
Accrued Expenses	$16.56K	$150.5K
YoY Change	-98.7%	-86.94%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$153.1K	$284.5K
YoY Change	-95.27%	-87.58%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$2.313M
YoY Change
Other Long-Term Liabilities	$70.15K
YoY Change
Total Long-Term Liabilities	$70.15K	$2.313M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$153.1K	$284.5K
Total Long-Term Liabilities	$70.15K	$2.313M
Total Liabilities	$223.2K	$2.597M
YoY Change	-93.2%	6.85%
SHAREHOLDERS EQUITY
Retained Earnings	-$1.160M	-$1.160M
YoY Change	0.0%	0.0%
Common Stock	$12.22K	$12.22K
YoY Change	13.21%	13.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$18.34M	$18.66M
YoY Change
Total Liabilities & Shareholders Equity	$18.57M	$21.26M
YoY Change	11.19%	36.5%

Cashflow Statement

Concept	2022 Q4	2022 Q3
OPERATING ACTIVITIES
Net Income	-$316.3K	-$36.13K
YoY Change	-215.76%	-215.47%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$1.541M	-$3.048M
YoY Change	-366.0%	-246.56%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-2.313M	4.280M
YoY Change	114.36%
NET CHANGE
Cash From Operating Activities	1.541M	-3.048M
Cash From Investing Activities
Cash From Financing Activities	-2.313M	4.280M
Net Change In Cash	-772.0K	1.232M
YoY Change	-53.45%	-40.75%
FREE CASH FLOW
Cash From Operating Activities	$1.541M	-$3.048M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	mcvt	Investment Company Stock Based Compensation InvestmentCompanyStockBasedCompensation	0.00
	mcvt	Investment Company Stock Based Compensation InvestmentCompanyStockBasedCompensation	0.00
	mcvt	Investment Company Stock Based Compensation InvestmentCompanyStockBasedCompensation	0.00
	mcvt	Investment Company Stock Based Compensation InvestmentCompanyStockBasedCompensation	0.00
	dei	Entity Registrant Name EntityRegistrantName	MILL CITY VENTURES III, LTD.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MN
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	90-0316651
	dei	Entity Address Address Line1 EntityAddressAddressLine1	1907 Wayzata Blvd
	dei	Entity Address Address Line2 EntityAddressAddressLine2	#205
	dei	Entity Central Index Key EntityCentralIndexKey	0001425355
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Entity Address City Or Town EntityAddressCityOrTown	Wayzata
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-41472
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	111111111	shares
	mcvt	Operating Lease Weighted Average Remaining Lease Term OperatingLeaseWeightedAverageRemainingLeaseTerm	P1Y
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-09-30
	dei	Entity Address State Or Province EntityAddressStateOrProvince	MN
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	55391
	dei	City Area Code CityAreaCode	952
	dei	Local Phone Number LocalPhoneNumber	479-1923
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2022Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	6185255	shares
CY2022Q3	us-gaap	Investment Owned At Fair Value InvestmentOwnedAtFairValue	18063248	usd
CY2021Q4	us-gaap	Investment Owned At Fair Value InvestmentOwnedAtFairValue	14098675	usd
CY2022Q3	us-gaap	Investment Owned At Cost InvestmentOwnedAtCost	17913927	usd
CY2021Q4	us-gaap	Investment Owned At Cost InvestmentOwnedAtCost	13933057	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1936148	usd
CY2022Q3	us-gaap	Long Term Investments And Receivables Net LongTermInvestmentsAndReceivablesNet	0	usd
CY2021Q4	us-gaap	Long Term Investments And Receivables Net LongTermInvestmentsAndReceivablesNet	0	usd
CY2022Q3	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	939299	usd
CY2021Q4	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	324350	usd
CY2022Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	21563	usd
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	4984	usd
CY2022Q3	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	4000	usd
CY2021Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	0	usd
CY2022Q3	us-gaap	Assets Assets	21256067	usd
CY2021Q4	us-gaap	Assets Assets	16697831	usd
CY2022Q3	us-gaap	Line Of Credit LineOfCredit	2313000	usd
CY2021Q4	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2022Q3	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	134000	usd
CY2021Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	64028	usd
CY2022Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	0	usd
CY2021Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	100	usd
CY2022Q3	mcvt	Payable For Purchase Of Investments PayableForPurchaseOfInvestments	0	usd
CY2021Q4	mcvt	Payable For Purchase Of Investments PayableForPurchaseOfInvestments	1900000	usd
CY2022Q3	us-gaap	Lease Deposit Liability LeaseDepositLiability	21672	usd
CY2021Q4	us-gaap	Lease Deposit Liability LeaseDepositLiability	5654	usd
CY2022Q3	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	128800	usd
CY2021Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	1269000	usd
CY2022Q3	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	0	usd
CY2021Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	45000	usd
CY2022Q3	us-gaap	Liabilities Liabilities	2597472	usd
CY2021Q4	us-gaap	Liabilities Liabilities	3283782	usd
CY2022Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	111111111	shares
CY2022Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	6185255	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4795739	shares
CY2022Q3	us-gaap	Common Stock Value CommonStockValue	12215	usd
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	10790	usd
CY2022Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	15043291	usd
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	10694163	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1159665	usd
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1159665	usd
CY2022Q3	mcvt	Accumulated Undistributed Investment Loss AccumulatedUndistributedInvestmentLoss	-1100397	usd
CY2021Q4	mcvt	Accumulated Undistributed Investment Loss AccumulatedUndistributedInvestmentLoss	-1877667	usd
CY2022Q3	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	5713830	usd
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	5580810	usd
CY2022Q3	mcvt	Net Unrealized Appreciation In Value Of Investments NetUnrealizedAppreciationInValueOfInvestments	149321	usd
CY2021Q4	mcvt	Net Unrealized Appreciation In Value Of Investments NetUnrealizedAppreciationInValueOfInvestments	165618	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	18658595	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	13414049	usd
CY2022Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	21256067	usd
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	16697831	usd
CY2022Q3	us-gaap	Net Asset Value Per Share NetAssetValuePerShare	3.02
CY2021Q4	us-gaap	Net Asset Value Per Share NetAssetValuePerShare	2.80
CY2022Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	1115224	usd
CY2021Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	755601	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	3351935	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	1977992	usd
CY2022Q3	us-gaap	Investment Income Dividend InvestmentIncomeDividend	0	usd
CY2021Q3	us-gaap	Investment Income Dividend InvestmentIncomeDividend	0	usd
	us-gaap	Investment Income Dividend InvestmentIncomeDividend	0	usd
	us-gaap	Investment Income Dividend InvestmentIncomeDividend	0	usd
CY2022Q3	us-gaap	Gross Investment Income Operating GrossInvestmentIncomeOperating	1115224	usd
CY2021Q3	us-gaap	Gross Investment Income Operating GrossInvestmentIncomeOperating	755601	usd
	us-gaap	Gross Investment Income Operating GrossInvestmentIncomeOperating	3351935	usd
	us-gaap	Gross Investment Income Operating GrossInvestmentIncomeOperating	1977992	usd
CY2022Q3	us-gaap	Professional Fees ProfessionalFees	916359	usd
CY2021Q3	us-gaap	Professional Fees ProfessionalFees	79950	usd
	us-gaap	Professional Fees ProfessionalFees	1309348	usd
	us-gaap	Professional Fees ProfessionalFees	300297	usd
CY2022Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	122477	usd
CY2021Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	80840	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	433461	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	468266	usd
CY2022Q3	us-gaap	General Insurance Expense GeneralInsuranceExpense	27016	usd
CY2021Q3	us-gaap	General Insurance Expense GeneralInsuranceExpense	27890	usd
	us-gaap	General Insurance Expense GeneralInsuranceExpense	84092	usd
	us-gaap	General Insurance Expense GeneralInsuranceExpense	80023	usd
CY2022Q3	us-gaap	Occupancy Net OccupancyNet	18589	usd
CY2021Q3	us-gaap	Occupancy Net OccupancyNet	16689	usd
	us-gaap	Occupancy Net OccupancyNet	54542	usd
	us-gaap	Occupancy Net OccupancyNet	49716	usd
CY2022Q3	us-gaap	Noninterest Expense Directors Fees NoninterestExpenseDirectorsFees	30000	usd
CY2021Q3	us-gaap	Noninterest Expense Directors Fees NoninterestExpenseDirectorsFees	30000	usd
	us-gaap	Noninterest Expense Directors Fees NoninterestExpenseDirectorsFees	147073	usd
	us-gaap	Noninterest Expense Directors Fees NoninterestExpenseDirectorsFees	90000	usd
CY2022Q3	us-gaap	Interest Expense InterestExpense	46779	usd
CY2021Q3	us-gaap	Interest Expense InterestExpense	0	usd
	us-gaap	Interest Expense InterestExpense	164632	usd
	us-gaap	Interest Expense InterestExpense	0	usd
CY2022Q3	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	18572	usd
CY2021Q3	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	4213	usd
	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	34717	usd
	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	35294	usd
CY2022Q3	us-gaap	Operating Expenses OperatingExpenses	1179792	usd
CY2021Q3	us-gaap	Operating Expenses OperatingExpenses	239582	usd
	us-gaap	Operating Expenses OperatingExpenses	2227865	usd
	us-gaap	Operating Expenses OperatingExpenses	1023596	usd
CY2022Q3	us-gaap	Net Investment Income NetInvestmentIncome	-64568	usd
CY2021Q3	us-gaap	Net Investment Income NetInvestmentIncome	516019	usd
	us-gaap	Net Investment Income NetInvestmentIncome	1124070	usd
	us-gaap	Net Investment Income NetInvestmentIncome	954396	usd
CY2022Q3	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	0	usd
CY2021Q3	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	289138	usd
	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	133020	usd
	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	3818737	usd
CY2022Q3	mcvt	Net Change In Unrealized Appreciation Depreciation On Investments NetChangeInUnrealizedAppreciationDepreciationOnInvestments	0	usd
CY2021Q3	mcvt	Net Change In Unrealized Appreciation Depreciation On Investments NetChangeInUnrealizedAppreciationDepreciationOnInvestments	-774169	usd
	mcvt	Net Change In Unrealized Appreciation Depreciation On Investments NetChangeInUnrealizedAppreciationDepreciationOnInvestments	-16297	usd
	mcvt	Net Change In Unrealized Appreciation Depreciation On Investments NetChangeInUnrealizedAppreciationDepreciationOnInvestments	-1204319	usd
CY2022Q3	us-gaap	Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency	0	usd
CY2021Q3	us-gaap	Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency	-485031	usd
	us-gaap	Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency	116723	usd
	us-gaap	Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency	2614418	usd
CY2022Q3	us-gaap	Investment Company Net Assets From Operations Increase Decrease InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease	-64568	usd
CY2021Q3	us-gaap	Investment Company Net Assets From Operations Increase Decrease InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease	30988	usd
	us-gaap	Investment Company Net Assets From Operations Increase Decrease InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease	1240793	usd
	us-gaap	Investment Company Net Assets From Operations Increase Decrease InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease	3568814	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-28442	usd
CY2021Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-300	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	346800	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1010978	usd
CY2022Q3	mcvt	Investment Company Net Assets From Operations Increase Decrease Net Of Tax InvestmentCompanyNetAssetsFromOperationsIncreaseDecreaseNetOfTax	-36126	usd
CY2021Q3	mcvt	Investment Company Net Assets From Operations Increase Decrease Net Of Tax InvestmentCompanyNetAssetsFromOperationsIncreaseDecreaseNetOfTax	31288	usd
	mcvt	Investment Company Net Assets From Operations Increase Decrease Net Of Tax InvestmentCompanyNetAssetsFromOperationsIncreaseDecreaseNetOfTax	893993	usd
	mcvt	Investment Company Net Assets From Operations Increase Decrease Net Of Tax InvestmentCompanyNetAssetsFromOperationsIncreaseDecreaseNetOfTax	2557836	usd
CY2022Q3	mcvt	Earning Per Share Basic And Diluted EarningPerShareBasicAndDiluted	-0.01
CY2021Q3	mcvt	Earning Per Share Basic And Diluted EarningPerShareBasicAndDiluted	0.01
	mcvt	Earning Per Share Basic And Diluted EarningPerShareBasicAndDiluted	0.18
	mcvt	Earning Per Share Basic And Diluted EarningPerShareBasicAndDiluted	0.53
CY2022Q3	mcvt	Weighted Average Number Of Common Shares Outstanding Basic And Diluted WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted	5512737	shares
CY2021Q3	mcvt	Weighted Average Number Of Common Shares Outstanding Basic And Diluted WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted	4795739	shares
	mcvt	Weighted Average Number Of Common Shares Outstanding Basic And Diluted WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted	5045830	shares
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1306775	usd
	mcvt	Weighted Average Number Of Common Shares Outstanding Basic And Diluted WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted	4795075	shares
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	14426607	usd
CY2022Q3	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	4041795	usd
CY2022Q3	mcvt	Common Shares Issued In Reverse Stock Split Rounding Amount CommonSharesIssuedInReverseStockSplitRoundingAmount	0	usd
CY2022Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	66876	usd
CY2022Q3	mcvt	Common Shares Issued In Consideration For Expense Payment Amount CommonSharesIssuedInConsiderationForExpensePaymentAmount	159443	usd
CY2022Q3	us-gaap	Undistributed Earnings UndistributedEarnings	-36126	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	18658595	usd
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	14188588	usd
CY2021Q3	mcvt	Dividend Declared DividendDeclared	-1079041	usd
CY2021Q3	mcvt	Common Shares Issued In Consideration For Expense Payment CommonSharesIssuedInConsiderationForExpensePayment	0	usd
CY2021Q3	us-gaap	Undistributed Earnings UndistributedEarnings	516319	usd
CY2021Q3	mcvt	Undistributed Net Realized Gain On Investment Transactions UndistributedNetRealizedGainOnInvestmentTransactions	289138	usd
CY2021Q3	mcvt	Depreciation In Value Of Investments DepreciationInValueOfInvestments	-774169	usd
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	13140835	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	13414049	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	4041795	usd
	mcvt	Common Shares Issued In Reverse Stock Split Rounding Amount CommonSharesIssuedInReverseStockSplitRoundingAmount	0	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	149315	usd
	mcvt	Common Shares Issued In Consideration For Expense Payment Amount CommonSharesIssuedInConsiderationForExpensePaymentAmount	159443	usd
	us-gaap	Undistributed Earnings UndistributedEarnings	777270	usd
	mcvt	Undistributed Net Realized Gain On Investment Transactions UndistributedNetRealizedGainOnInvestmentTransactions	133020	usd
	mcvt	Depreciation In Value Of Investments DepreciationInValueOfInvestments	-16297	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	18658595	usd
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	11640887	usd
	mcvt	Common Shares Issued In Consideration For Expense Payment Amount CommonSharesIssuedInConsiderationForExpensePaymentAmount	21153	usd
	mcvt	Dividend Declared DividendDeclared	-1079041	usd
	us-gaap	Undistributed Earnings UndistributedEarnings	-56582	usd
	mcvt	Undistributed Net Realized Gain On Investment Transactions UndistributedNetRealizedGainOnInvestmentTransactions	3818737	usd
	mcvt	Depreciation In Value Of Investments DepreciationInValueOfInvestments	-1204319	usd
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	13140835	usd
	mcvt	Net Increase In Net Assets Resulting From Operations NetIncreaseInNetAssetsResultingFromOperations	-893993	usd
	mcvt	Net Increase In Net Assets Resulting From Operations NetIncreaseInNetAssetsResultingFromOperations	-2557836	usd
	mcvt	Net Change In Unrealized Appreciation Depreciation On Investments NetChangeInUnrealizedAppreciationDepreciationOnInvestments	-16297	usd
	mcvt	Net Change In Unrealized Appreciation Depreciation On Investments NetChangeInUnrealizedAppreciationDepreciationOnInvestments	-1204319	usd
	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	133020	usd
	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	3818737	usd
	mcvt	Purchases Of Investments PurchasesOfInvestments	13924333	usd
	mcvt	Purchases Of Investments PurchasesOfInvestments	18133352	usd
	us-gaap	Proceeds From Sale Of Short Term Investments ProceedsFromSaleOfShortTermInvestments	10076483	usd
	us-gaap	Proceeds From Sale Of Short Term Investments ProceedsFromSaleOfShortTermInvestments	16363964	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	308758	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	15403	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	21225	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	71160	usd
	us-gaap	Increase Decrease In Interest And Dividends Receivable IncreaseDecreaseInInterestAndDividendsReceivable	614949	usd
	us-gaap	Increase Decrease In Interest And Dividends Receivable IncreaseDecreaseInInterestAndDividendsReceivable	405429	usd
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	0	usd
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	40767	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1900000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	30689	usd
	us-gaap	Increase Decrease In Accounts Payable And Other Operating Liabilities IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities	53903	usd
	us-gaap	Increase Decrease In Accounts Payable And Other Operating Liabilities IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities	-20519	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-1185200	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	1010978	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-6429293	usd
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	4041795	usd
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	0	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	8414000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	6101000	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	0	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	539296	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	6354795	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-539296	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-74498	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-1846071	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1936148	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5440579	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1861650	usd
CY2021Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3594508	usd
	mcvt	Common Shares Issued As Consideration For Investment CommonSharesIssuedAsConsiderationForInvestment	308758	usd
	mcvt	Common Shares Issued As Consideration For Investment CommonSharesIssuedAsConsiderationForInvestment	5750	usd
	mcvt	Dividend Declared To Common Stock Shareholders DividendDeclaredToCommonStockShareholders	0	usd
	mcvt	Dividend Declared To Common Stock Shareholders DividendDeclaredToCommonStockShareholders	1079041	usd
CY2022Q3	us-gaap	Investment Owned At Cost InvestmentOwnedAtCost	17913927	usd
CY2022Q3	us-gaap	Investment Owned At Fair Value InvestmentOwnedAtFairValue	18063248	usd
CY2022Q3	us-gaap	Investment Owned Percent Of Net Assets InvestmentOwnedPercentOfNetAssets	0.9680	pure
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1861650	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	1861650	usd
CY2022Q3	mcvt	Cash And Cash Equivalents Percent Of Net Assets CashAndCashEquivalentsPercentOfNetAssets	0.0998	pure
CY2022Q3	mcvt	Investments And Cash Cost InvestmentsAndCashCost	19775577	usd
CY2022Q3	mcvt	Investments And Cash Fair Value InvestmentsAndCashFairValue	19924898	usd
CY2022Q3	mcvt	Investments And Cash Percentage Of Net Assets InvestmentsAndCashPercentageOfNetAssets	1.0678	pure
CY2021Q4	us-gaap	Investment Owned At Cost InvestmentOwnedAtCost	13933057	usd
CY2021Q4	us-gaap	Investment Owned At Fair Value InvestmentOwnedAtFairValue	14098675	usd
CY2021Q4	us-gaap	Investment Owned Percent Of Net Assets InvestmentOwnedPercentOfNetAssets	1.0510	pure
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1936148	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	1936148	usd
CY2021Q4	mcvt	Cash And Cash Equivalents Percent Of Net Assets CashAndCashEquivalentsPercentOfNetAssets	0.1443	pure
CY2021Q4	mcvt	Investments And Cash Cost InvestmentsAndCashCost	15869205	usd
CY2021Q4	mcvt	Investments And Cash Fair Value InvestmentsAndCashFairValue	16034823	usd
CY2021Q4	mcvt	Investments And Cash Percentage Of Net Assets InvestmentsAndCashPercentageOfNetAssets	1.1953	pure
	srt	Taxable Investment Securities Average Yield TaxableInvestmentSecuritiesAverageYield	0.40	pure
CY2022Q3	us-gaap	Debt Instrument Increase Accrued Interest DebtInstrumentIncreaseAccruedInterest	650000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	25031	usd
CY2022Q3	us-gaap	Lease Cost LeaseCost	18589	usd
	us-gaap	Lease Cost LeaseCost	54542	usd
	us-gaap	Use Of Estimates UseOfEstimates	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong><em>Use of estimates: </em></strong>The preparation of financial statements in conformity with GAAP requires management and our Board of Directors to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosures of contingent assets and liabilities, at the date of the financial statements, as well as the reported amounts of expenses during the reporting period. Actual results could differ from those estimates, and the differences could be material. For more information, see the “Valuation of portfolio investments” caption below, and “Note 4 – Fair Value of Financial Instruments” below. For purposes of its financial statement presentation, the Company is an investment company following accounting and reporting guidance in ASC 946.</p>
CY2022Q3	mcvt	Percentage Of Interest Income PercentageOfInterestIncome	0.49	pure
CY2022Q3	us-gaap	Investment Owned At Fair Value InvestmentOwnedAtFairValue	18063248	usd
CY2021Q4	us-gaap	Investment Owned At Fair Value InvestmentOwnedAtFairValue	14098675	usd
	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	0	usd
CY2022Q3	us-gaap	Investment Owned At Fair Value InvestmentOwnedAtFairValue	18063248	usd
CY2021	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	0	usd
CY2022Q3	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	4000	usd
CY2021Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	45000	usd
CY2022Q3	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	128800	usd
CY2021Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	1269000	usd
CY2022Q3	mcvt	Federal And State Tax Payment FederalAndStateTaxPayment	1536000	usd
CY2022Q3	us-gaap	Dividend Income Securities Operating Taxable DividendIncomeSecuritiesOperatingTaxable	28442	usd
CY2022Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.27	pure
CY2021Q3	us-gaap	Dividend Income Securities Operating Taxable DividendIncomeSecuritiesOperatingTaxable	300	usd
CY2021Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.27	pure
	us-gaap	Dividend Income Securities Operating Taxable DividendIncomeSecuritiesOperatingTaxable	346000	usd
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.27	pure
	us-gaap	Dividend Income Securities Operating Taxable DividendIncomeSecuritiesOperatingTaxable	1010978	usd
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.304	pure
CY2022Q3	us-gaap	Line Of Credit LineOfCredit	2313000	usd
	us-gaap	Line Of Credit Facility Expiration Date1 LineOfCreditFacilityExpirationDate1	2027-01-03
CY2022Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	6185255	shares
CY2022Q3	mcvt	Stockholders Equity Reverse Stock StockholdersEquityReverseStock	common shares on a 1-for-2.25 basis such that every 2.25 shares of common stock issued and outstanding on that date were combined into one share of common stock.
CY2022Q3	us-gaap	Stock Issued During Period Shares Reverse Stock Splits StockIssuedDuringPeriodSharesReverseStockSplits	111111111	shares
CY2022Q3	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	1250000	shares
CY2022Q3	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	4.00
CY2022Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	5000000	usd
CY2022Q3	mcvt	Amount Received From Issue Of Shares After Expenses AmountReceivedFromIssueOfSharesAfterExpenses	4041000	usd
CY2022Q3	mcvt	Investment Company Net Increase Decrease In Net Assets From Operations InvestmentCompanyNetIncreaseDecreaseInNetAssetsFromOperations	-36126	usd
CY2021Q3	mcvt	Investment Company Net Increase Decrease In Net Assets From Operations InvestmentCompanyNetIncreaseDecreaseInNetAssetsFromOperations	31288	usd
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5512737	shares
CY2021Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4795739	shares
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2021Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
	mcvt	Investment Company Net Increase Decrease In Net Assets From Operations InvestmentCompanyNetIncreaseDecreaseInNetAssetsFromOperations	893993	usd
	mcvt	Investment Company Net Increase Decrease In Net Assets From Operations InvestmentCompanyNetIncreaseDecreaseInNetAssetsFromOperations	2557836	usd
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5045830	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4795075	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.18
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.53
CY2021Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.045	pure
CY2022Q3	mcvt	Rent Expense RentExpense	18589	usd
	mcvt	Investment Company Provision For Income Taxes Per Share InvestmentCompanyProvisionForIncomeTaxesPerShare	0.00
	mcvt	Investment Company Stock Based Compensation InvestmentCompanyStockBasedCompensation	0.05
CY2021Q3	mcvt	Rent Expense RentExpense	16689	usd
CY2022Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	5504	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	15787	usd
CY2022Q3	us-gaap	Variable Lease Cost VariableLeaseCost	4601	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	13724	usd
CY2022Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	8484	usd
CY2022Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	21563	usd
CY2022Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	21672	usd
CY2022Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	21672	usd
CY2022Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	0	usd
CY2022Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	6357	usd
CY2022Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	14859	usd
CY2022Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	21216	usd
CY2022Q3	mcvt	Operating Lease Interest OperatingLeaseInterest	456	usd
CY2022Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	21672	usd
CY2021Q4	us-gaap	Net Asset Value Per Share NetAssetValuePerShare	2.80
CY2020Q4	us-gaap	Net Asset Value Per Share NetAssetValuePerShare	2.43
CY2019Q4	us-gaap	Net Asset Value Per Share NetAssetValuePerShare	2.05
CY2018Q4	us-gaap	Net Asset Value Per Share NetAssetValuePerShare	2.30
	us-gaap	Investment Company Investment Income Loss Per Share InvestmentCompanyInvestmentIncomeLossPerShare	0.18
	us-gaap	Investment Company Investment Income Loss Per Share InvestmentCompanyInvestmentIncomeLossPerShare	0.20
	us-gaap	Investment Company Investment Income Loss Per Share InvestmentCompanyInvestmentIncomeLossPerShare	0.05
	us-gaap	Investment Company Investment Income Loss Per Share InvestmentCompanyInvestmentIncomeLossPerShare	-0.11
	us-gaap	Investment Company Investment Income Loss Per Share InvestmentCompanyInvestmentIncomeLossPerShare	-0.09
	us-gaap	Investment Company Gain Loss On Investment Per Share InvestmentCompanyGainLossOnInvestmentPerShare	0.02
	us-gaap	Investment Company Gain Loss On Investment Per Share InvestmentCompanyGainLossOnInvestmentPerShare	0.54
	us-gaap	Investment Company Gain Loss On Investment Per Share InvestmentCompanyGainLossOnInvestmentPerShare	0.14
	us-gaap	Investment Company Gain Loss On Investment Per Share InvestmentCompanyGainLossOnInvestmentPerShare	0.02
	us-gaap	Investment Company Gain Loss On Investment Per Share InvestmentCompanyGainLossOnInvestmentPerShare	0.34
	mcvt	Investment Company Provision For Income Taxes Per Share InvestmentCompanyProvisionForIncomeTaxesPerShare	-0.05
	mcvt	Investment Company Provision For Income Taxes Per Share InvestmentCompanyProvisionForIncomeTaxesPerShare	-0.20
	mcvt	Investment Company Provision For Income Taxes Per Share InvestmentCompanyProvisionForIncomeTaxesPerShare	0.00
	mcvt	Investment Company Provision For Income Taxes Per Share InvestmentCompanyProvisionForIncomeTaxesPerShare	0.00
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.00
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.00
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.05
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.00
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.00
	us-gaap	Change In Reporting Entity Earnings Per Share Basic ChangeInReportingEntityEarningsPerShareBasic	0.02
	us-gaap	Change In Reporting Entity Earnings Per Share Basic ChangeInReportingEntityEarningsPerShareBasic	0.00
	us-gaap	Change In Reporting Entity Earnings Per Share Basic ChangeInReportingEntityEarningsPerShareBasic	0.00
	us-gaap	Change In Reporting Entity Earnings Per Share Basic ChangeInReportingEntityEarningsPerShareBasic	0.00
	us-gaap	Change In Reporting Entity Earnings Per Share Basic ChangeInReportingEntityEarningsPerShareBasic	0.00
	us-gaap	Investment Company Distribution To Shareholders Per Share InvestmentCompanyDistributionToShareholdersPerShare	0.00
	us-gaap	Investment Company Distribution To Shareholders Per Share InvestmentCompanyDistributionToShareholdersPerShare	0.00
	us-gaap	Investment Company Distribution To Shareholders Per Share InvestmentCompanyDistributionToShareholdersPerShare	0.11
	us-gaap	Investment Company Distribution To Shareholders Per Share InvestmentCompanyDistributionToShareholdersPerShare	0.00
CY2022Q3	mcvt	Financial Highlights Net Asset Value At End Of Period FinancialHighlightsNetAssetValueAtEndOfPeriod	3.02
CY2021Q3	mcvt	Financial Highlights Net Asset Value At End Of Period FinancialHighlightsNetAssetValueAtEndOfPeriod	2.74
CY2020Q3	mcvt	Financial Highlights Net Asset Value At End Of Period FinancialHighlightsNetAssetValueAtEndOfPeriod	2.29
CY2019Q3	mcvt	Financial Highlights Net Asset Value At End Of Period FinancialHighlightsNetAssetValueAtEndOfPeriod	2.10
CY2018Q3	mcvt	Financial Highlights Net Asset Value At End Of Period FinancialHighlightsNetAssetValueAtEndOfPeriod	2.21
CY2022Q3	mcvt	Market Value Of Investments Per Share MarketValueOfInvestmentsPerShare	2.92
CY2021Q3	mcvt	Market Value Of Investments Per Share MarketValueOfInvestmentsPerShare	2.30
CY2020Q3	mcvt	Market Value Of Investments Per Share MarketValueOfInvestmentsPerShare	1.71
CY2019Q3	mcvt	Market Value Of Investments Per Share MarketValueOfInvestmentsPerShare	1.58
CY2018Q3	mcvt	Market Value Of Investments Per Share MarketValueOfInvestmentsPerShare	1.85
CY2022Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	6185255	shares
CY2021Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4795739	shares
CY2020Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4754104	shares
CY2019Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4918845	shares
CY2018Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4918845	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5045830	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4795075	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4836170	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4918845	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4918845	shares
CY2022Q3	mcvt	Net Assets At End Of Period NetAssetsAtEndOfPeriod	18658595	usd
CY2021Q3	mcvt	Net Assets At End Of Period NetAssetsAtEndOfPeriod	13140835	usd
CY2020Q3	mcvt	Net Assets At End Of Period NetAssetsAtEndOfPeriod	10805062	usd
CY2019Q3	mcvt	Net Assets At End Of Period NetAssetsAtEndOfPeriod	10588689	usd
CY2018Q3	mcvt	Net Assets At End Of Period NetAssetsAtEndOfPeriod	11278889	usd
	mcvt	Average Net Assets AverageNetAssets	15081352	usd
	mcvt	Average Net Assets AverageNetAssets	13090497	usd
	mcvt	Average Net Assets AverageNetAssets	10220482	usd
	mcvt	Average Net Assets AverageNetAssets	12304975	usd
	mcvt	Average Net Assets AverageNetAssets	9955674	usd
	us-gaap	Investment Company Total Return InvestmentCompanyTotalReturn	0.0607	pure
	us-gaap	Investment Company Total Return InvestmentCompanyTotalReturn	0.2222	pure
	us-gaap	Investment Company Total Return InvestmentCompanyTotalReturn	-0.0882	pure
	us-gaap	Investment Company Total Return InvestmentCompanyTotalReturn	0.1264	pure
	mcvt	Investment Company Portfolio Turnover Rate InvestmentCompanyPortfolioTurnoverRate	1.2455	pure
	mcvt	Investment Company Portfolio Turnover Rate InvestmentCompanyPortfolioTurnoverRate	0.1818	pure
	mcvt	Investment Company Portfolio Turnover Rate InvestmentCompanyPortfolioTurnoverRate	0.0711	pure
	mcvt	Investment Company Portfolio Turnover Rate InvestmentCompanyPortfolioTurnoverRate	0.1155	pure
	us-gaap	Investment Company Expense Ratio After Incentive Allocation InvestmentCompanyExpenseRatioAfterIncentiveAllocation	0.1924	pure
	us-gaap	Investment Company Expense Ratio After Incentive Allocation InvestmentCompanyExpenseRatioAfterIncentiveAllocation	0.1031	pure
	us-gaap	Investment Company Expense Ratio After Incentive Allocation InvestmentCompanyExpenseRatioAfterIncentiveAllocation	0.0649	pure
	us-gaap	Investment Company Expense Ratio After Incentive Allocation InvestmentCompanyExpenseRatioAfterIncentiveAllocation	0.0770	pure
	us-gaap	Investment Company Expense Ratio After Incentive Allocation InvestmentCompanyExpenseRatioAfterIncentiveAllocation	0.0698	pure
	us-gaap	Investment Company Investment Income Loss Ratio InvestmentCompanyInvestmentIncomeLossRatio	0.0987	pure
	us-gaap	Investment Company Investment Income Loss Ratio InvestmentCompanyInvestmentIncomeLossRatio	0.0335	pure
	us-gaap	Investment Company Investment Income Loss Ratio InvestmentCompanyInvestmentIncomeLossRatio	0.0553	pure
	mcvt	Investment Company Realized Gains Losses Ratio InvestmentCompanyRealizedGainsLossesRatio	0.0118	pure
	mcvt	Investment Company Realized Gains Losses Ratio InvestmentCompanyRealizedGainsLossesRatio	0.4081	pure
	mcvt	Investment Company Realized Gains Losses Ratio InvestmentCompanyRealizedGainsLossesRatio	0.0706	pure
	mcvt	Investment Company Realized Gains Losses Ratio InvestmentCompanyRealizedGainsLossesRatio	0.5736	pure
	mcvt	Investment Company Realized Gains Losses Ratio InvestmentCompanyRealizedGainsLossesRatio	0.1279	pure

Files In Submission

Name	View Source	Status
0001654954-22-015573-index-headers.html	Edgar Link	pending
0001654954-22-015573-index.html	Edgar Link	pending
0001654954-22-015573.txt	Edgar Link	pending
0001654954-22-015573-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
mcvt-20220930.xsd	Edgar Link	pending
mcvt_10q.htm	Edgar Link	pending
mcvt_ex311.htm	Edgar Link	pending
mcvt_ex312.htm	Edgar Link	pending
mcvt_ex321.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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R28.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
mcvt-20220930_cal.xml	Edgar Link	unprocessable
mcvt-20220930_pre.xml	Edgar Link	unprocessable
mcvt-20220930_lab.xml	Edgar Link	unprocessable
mcvt-20220930_def.xml	Edgar Link	unprocessable
mcvt_10q_htm.xml	Edgar Link	completed
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$MCVT
Mill City Ventures III, Ltd Stock $mcvt

2022 Q4 Form 10-Q Financial Statement

#000165495422015573 Filed on November 18, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MCVT Mill City Ventures III, Ltd Stock $mcvt

2022 Q4 Form 10-Q Financial Statement

#000165495422015573 Filed on November 18, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MCVT
Mill City Ventures III, Ltd Stock $mcvt