2023 Q1 Form 10-K Financial Statement

#000121390023024619 Filed on March 30, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $277.0K $454.3K $8.757M
YoY Change 14.79% 25.62% 901.33%
Cost Of Revenue
YoY Change
Gross Profit $1.694M
YoY Change -15.0%
Gross Profit Margin 19.34%
Selling, General & Admin $431.6K $489.7K $2.328M
YoY Change -22.7% -16.83% 32.73%
% of Gross Profit 137.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $431.8K $489.7K $2.333M
YoY Change -22.67% -16.83% 33.01%
Operating Profit -$639.1K
YoY Change -367.57%
Interest Expense $207.00 $960.0K $4.896K
YoY Change -100.03% -51.21% -99.96%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $277.0K $924.5K -$778.5K
YoY Change -125.26% -46.88% -106.49%
Income Tax $0.00 $456.00
% Of Pretax Income 0.0%
Net Earnings -$1.017M $924.5K $66.00K
YoY Change -7.22% -46.88% -99.45%
Net Earnings / Revenue -367.21% 203.51% 0.75%
Basic Earnings Per Share $0.00 -$0.01
Diluted Earnings Per Share $0.00 $0.01 -$0.01
COMMON SHARES
Basic Shares Outstanding 120.5M shares 120.5M shares 120.5M shares
Diluted Shares Outstanding 120.5M shares 120.5M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.070M $1.526M $1.526M
YoY Change 357.72% 191.27% 191.27%
Cash & Equivalents $2.070M $1.526M
Short-Term Investments
Other Short-Term Assets $20.52K $76.37K $76.37K
YoY Change -90.6% 7.47% 7.47%
Inventory
Prepaid Expenses $20.52K $35.55K
Receivables
Other Receivables
Total Short-Term Assets $31.70M $32.49M $1.602M
YoY Change 4627.76% 5361.05% 169.32%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $29.27M $30.56M $30.56M
YoY Change -12.7% -10.91% -10.91%
Other Assets $41.00K $293.6K
YoY Change -29.47% 181.92%
Total Long-Term Assets -$629.5K -$402.7K $30.88M
YoY Change -101.86% -101.16% -10.84%
TOTAL ASSETS
Total Short-Term Assets $31.70M $32.49M $1.602M
Total Long-Term Assets -$629.5K -$402.7K $30.88M
Total Assets $31.07M $32.08M $32.49M
YoY Change -9.91% -8.94% -7.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $318.7K $180.1K $180.1K
YoY Change 63.4% -11.57% -11.56%
Accrued Expenses $181.0K $91.93K $91.93K
YoY Change -47.28% -64.96% -64.96%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $629.5K $402.7K $336.9K
YoY Change -28.38% -45.51% -54.41%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $65.78K
YoY Change 224.36%
Total Long-Term Liabilities $0.00 $0.00 $65.78K
YoY Change -100.0% -100.0% 224.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $629.5K $402.7K $336.9K
Total Long-Term Liabilities $0.00 $0.00 $65.78K
Total Liabilities $629.5K $402.7K $402.7K
YoY Change -43.14% -46.96% -46.96%
SHAREHOLDERS EQUITY
Retained Earnings -$33.92M -$32.91M
YoY Change 7.83%
Common Stock $120.5K $64.99M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $31.07M $32.08M $32.08M
YoY Change
Total Liabilities & Shareholders Equity $31.70M $32.49M $32.49M
YoY Change -8.08% -7.79% -7.79%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$1.017M $924.5K $66.00K
YoY Change -7.22% -46.88% -99.45%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $544.3K $10.37M $10.04M
YoY Change -860.06% -2597.09% -945.83%
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 $9.036M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.036M -$9.036M
YoY Change
NET CHANGE
Cash From Operating Activities $544.3K 10.37M $10.04M
Cash From Investing Activities
Cash From Financing Activities -9.036M -$9.036M
Net Change In Cash $544.3K 1.338M $1.002M
YoY Change -860.06% -422.04% -184.44%
FREE CASH FLOW
Cash From Operating Activities $544.3K $10.37M $10.04M
Capital Expenditures
Free Cash Flow
YoY Change

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 1 – NATURE OF OPERATIONS </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>References herein to “we”, “us” or “our” refer to Princeton Capital Corporation (the “Company” or “Princeton Capital”), unless the context specifically requires otherwise.</i></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Princeton Capital Corporation, a Maryland corporation, was incorporated under the general laws of the State of Maryland on July 25, 2013. We are a non-diversified, closed-end investment company that has filed an election to be regulated as a business development company (“BDC”), under the Investment Company Act of 1940, as amended (the “1940 Act”). A goal of a BDC is to annually qualify and elect to be treated as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The Company, however, did not meet the requirements to qualify as a RIC for the 2022 tax year and will be taxed as a corporation under Subchapter C of the Code and does not expect to meet the qualifications of a RIC until such time as certain strategic alternatives are achieved. While we have sought to invest primarily in private small and lower middle-market companies in various industries through first lien loans, second lien loans, unsecured loans, unitranche and mezzanine debt financing, often times with a corresponding equity investment, we are now (with a strategic alternatives process underway and limited resources) investing only in current investments and otherwise conserving cash. Our investment objective is to maximize the total return to our stockholders in the form of current income and capital appreciation through debt and related equity investments.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prior to March 13, 2015, Princeton Capital’s predecessor operated under the name Regal One Corporation (“Regal One”). Regal One had been located in Scottsdale, Arizona, and was a Florida corporation initially incorporated in 1959 as Electro-Mechanical Services Inc. Since inception, Regal One had been involved in several industries. In 1998, Electro-Mechanical Services Inc. changed its name to Regal One Corporation.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On March 7, 2005, Regal One’s board of directors determined it was in the shareholders’ best interest to change the focus of its operations to providing financial consulting services through its network of advisors and professionals, and to be regulated as a BDC under the 1940 Act. On September 16, 2005, Regal One filed a Form N54A (Notification of Election by Business Development Companies) with the Securities and Exchange Commission (“SEC”), which transformed Regal One into a BDC in accordance with sections 55 through 65 of the 1940 Act. Regal One reported as an operating BDC from March 31, 2006 until March 13, 2015 and since March 13, 2015 (following the Reincorporation described below) Princeton Capital has reported as an operating BDC.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On December 27, 2017, the Board approved (specifically in accordance with Rule 15a-4(b)(1)(ii) of the Investment Company Act) and authorized the Company to enter into an Interim Investment Advisory Agreement between the Company and House Hanover, LLC, a Delaware limited liability company (“House Hanover”) (the “Interim Investment Advisory Agreement”), in accordance with Rule 15a-4 of the Investment Company Act. The effective date of the Interim Investment Advisory Agreement was January 1, 2018.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 5, 2018, the Board, including a majority of the independent directors, conditionally approved the Investment Advisory Agreement between the Company and House Hanover (the “House Hanover Investment Advisory Agreement”) subject to the approval of the Company’s stockholders at the 2018 Annual Meeting of Stockholders. The House Hanover Investment Advisory Agreement replaced the Interim Investment Advisory Agreement. On May 30, 2018, the Company’s stockholders approved the House Hanover Investment Advisory Agreement. The effective date of the House Hanover Investment Advisory Agreement was May 31, 2018. The House Hanover Investment Advisory Agreement was last annually renewed by the Board and by a majority of the members of the Board who are not parties to the House Hanover Investment Advisory Agreement or “interested persons” (as such term is defined in the 1940 Act) of any such party, in accordance with the requirements of the 1940 Act and the House Hanover Investment Advisory Agreement on May 9, 2022.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Since January 1, 2018, House Hanover has acted as our investment advisor under the Interim Investment Advisory Agreement (from January 1, 2018 until May 31, 2018) and the House Hanover Investment Advisory Agreement (since May 31, 2018).</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On November 15, 2019, our Board announced that the Company has initiated a strategic review process to identify, examine, and consider a range of strategic alternatives available to the Company, including but not limited to, (i) selling the Company’s assets to a business development company or other potential buyer, (ii) merging with another business development company, (iii) liquidating the Company’s assets in accordance with a plan of liquidation, (iv) raising additional funds for the Company, or (v) otherwise entering into another business combination, with the objective of maximizing stockholder value. As of December 31, 2022 and through the date of filing this Annual Report, the Company has not entered into any agreements regarding any strategic alternative.</span></p>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Use of Estimates </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with U.S. GAAP requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. Changes in the economic environment, financial markets, creditworthiness of our portfolio companies and any other parameters used in determining these estimates could cause actual results to differ. It is likely that changes in these estimates will occur in the near term. The Company’s estimates are inherently subjective in nature and actual results could differ materially from such estimates.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
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DeferredTaxAssetsOperatingLossCarryforwards
396954 usd
CY2022Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
651262 usd
CY2021Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
1568604 usd
CY2020Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
2665878 usd
CY2022Q4 us-gaap Deferred Tax Assets Other Loss Carryforwards
DeferredTaxAssetsOtherLossCarryforwards
3475 usd
CY2021Q4 us-gaap Deferred Tax Assets Other Loss Carryforwards
DeferredTaxAssetsOtherLossCarryforwards
181375 usd
CY2020Q4 us-gaap Deferred Tax Assets Other Loss Carryforwards
DeferredTaxAssetsOtherLossCarryforwards
294141 usd
CY2022Q4 piac Basis Differences In Investments
BasisDifferencesInInvestments
117820 usd
CY2021Q4 piac Basis Differences In Investments
BasisDifferencesInInvestments
716075 usd
CY2020Q4 piac Basis Differences In Investments
BasisDifferencesInInvestments
3649990 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1980513 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
3395215 usd
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
7006963 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1980513 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3395215 usd
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7006963 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
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CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
4424575 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration
741630 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
5010543 usd
CY2022 piac Taxable Income
TaxableIncome
0.80 pure
CY2022Q4 piac Federal Capital Loss
FederalCapitalLoss
3101246 usd
CY2021Q4 piac Federal Capital Loss
FederalCapitalLoss
7469543 usd
CY2022 piac Operating Loss Carry Forwards Expire
OperatingLossCarryForwardsExpire
3101246 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2020 piac Permanent Items
PermanentItems
0.01 shares
CY2021 piac Capital Loss Carryforward Expiration
CapitalLossCarryforwardExpiration
9.11 shares
CY2022 piac Deferred Trueup
DeferredTrueup
0.29 shares
CY2020 piac Deferred Trueup
DeferredTrueup
-0.35 shares
CY2022 piac Increasedecrease In Valuation Allowance
IncreasedecreaseInValuationAllowance
-21.29 shares
CY2021 piac Increasedecrease In Valuation Allowance
IncreasedecreaseInValuationAllowance
-30.11 shares
CY2020 piac Increasedecrease In Valuation Allowance
IncreasedecreaseInValuationAllowance
-20.66 shares
CY2022 piac Investment Company Percentage
InvestmentCompanyPercentage
0.90 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.04 pure
CY2022 us-gaap Property Management Fee Percent Fee
PropertyManagementFeePercentFee
0.01 pure
CY2022 us-gaap Management Fee Expense
ManagementFeeExpense
339328 usd
CY2021 us-gaap Management Fee Expense
ManagementFeeExpense
265340 usd
CY2020 us-gaap Management Fee Expense
ManagementFeeExpense
266984 usd
CY2022Q4 us-gaap Management Fee Payable
ManagementFeePayable
91934 usd
CY2021Q4 us-gaap Management Fee Payable
ManagementFeePayable
262324 usd
CY2021Q2 us-gaap Payment For Management Fee
PaymentForManagementFee
285137 usd
CY2021Q4 us-gaap Payment For Management Fee
PaymentForManagementFee
266984 usd
CY2022Q4 us-gaap Payment For Management Fee
PaymentForManagementFee
512735 usd
CY2022 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
50000 usd
CY2018Q1 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
151025 usd
CY2022 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
259500 usd
CY2021 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
270000 usd
CY2020 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
270000 usd
CY2022Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
64875 usd
CY2021Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
273016 usd
CY2021Q2 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
202500 usd
CY2021Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
270000 usd
CY2022Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
440625 usd
CY2022Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
5000 usd
CY2021Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
0.286 usd
CY2020Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
0.187 usd
CY2019Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
0.276 usd
CY2018Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
0.345 usd
CY2017Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
0.344 usd
CY2022 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
-0.006
CY2021 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
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CY2020 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
-0.005
CY2019 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
-0.009
CY2018 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
0.009
CY2022 piac Investment Company Investments Income Loss Per Share
InvestmentCompanyInvestmentsIncomeLossPerShare
0.025
CY2021 piac Investment Company Investments Income Loss Per Share
InvestmentCompanyInvestmentsIncomeLossPerShare
0.106
CY2020 piac Investment Company Investments Income Loss Per Share
InvestmentCompanyInvestmentsIncomeLossPerShare
-0.022
CY2019 piac Investment Company Investments Income Loss Per Share
InvestmentCompanyInvestmentsIncomeLossPerShare
-0.06
CY2018 piac Investment Company Investments Income Loss Per Share
InvestmentCompanyInvestmentsIncomeLossPerShare
-0.007
CY2022 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
0.036
CY2020 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
-0.062
CY2018 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
-0.001
CY2022 us-gaap Investment Company Tax Return Of Capital Distribution Per Share
InvestmentCompanyTaxReturnOfCapitalDistributionPerShare
-0.075
CY2022Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
0.266 usd
CY2021Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
0.286 usd
CY2020Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
0.187 usd
CY2019Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
0.276 usd
CY2018Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
0.345 usd
CY2021 us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.529 pure
CY2020 us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
-0.326 pure
CY2019 us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
-0.20 pure
CY2018 us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.003 pure
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120486061 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120486061 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120486061 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120486061 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120486061 shares
CY2022Q4 piac Net Assets
NetAssets
32083462 usd
CY2021Q4 piac Net Assets
NetAssets
34472992 usd
CY2020Q4 piac Net Assets
NetAssets
22479540 usd
CY2019Q4 piac Net Assets
NetAssets
33280329 usd
CY2018Q4 piac Net Assets
NetAssets
41554951 usd
CY2022 piac Average Net Asset
AverageNetAsset
35317720 usd
CY2021 piac Average Net Asset
AverageNetAsset
29126862 usd
CY2020 piac Average Net Asset
AverageNetAsset
25276013 usd
CY2019 piac Average Net Asset
AverageNetAsset
38504249 usd
CY2018 piac Average Net Asset
AverageNetAsset
41416562 usd
CY2022 piac Ratio Of Expenses To Average Net Assets
RatioOfExpensesToAverageNetAssets
0.066 pure
CY2021 piac Ratio Of Expenses To Average Net Assets
RatioOfExpensesToAverageNetAssets
0.06 pure
CY2020 piac Ratio Of Expenses To Average Net Assets
RatioOfExpensesToAverageNetAssets
0.062 pure
CY2019 piac Ratio Of Expenses To Average Net Assets
RatioOfExpensesToAverageNetAssets
0.058 pure
CY2018 piac Ratio Of Expenses To Average Net Assets
RatioOfExpensesToAverageNetAssets
0.054 pure
CY2022 us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
0.066 pure
CY2021 us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
0.06 pure
CY2020 us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
0.062 pure
CY2019 us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
0.058 pure
CY2018 us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
0.054 pure
CY2022 piac Net Operating Expenses Excluding Management Fees Incentive Fees And Interest Expense To Aver
NetOperatingExpensesExcludingManagementFeesIncentiveFeesAndInterestExpenseToAver
0.056 pure
CY2021 piac Net Operating Expenses Excluding Management Fees Incentive Fees And Interest Expense To Aver
NetOperatingExpensesExcludingManagementFeesIncentiveFeesAndInterestExpenseToAver
0.051 pure
CY2020 piac Net Operating Expenses Excluding Management Fees Incentive Fees And Interest Expense To Aver
NetOperatingExpensesExcludingManagementFeesIncentiveFeesAndInterestExpenseToAver
0.052 pure
CY2019 piac Net Operating Expenses Excluding Management Fees Incentive Fees And Interest Expense To Aver
NetOperatingExpensesExcludingManagementFeesIncentiveFeesAndInterestExpenseToAver
0.049 pure
CY2018 piac Net Operating Expenses Excluding Management Fees Incentive Fees And Interest Expense To Aver
NetOperatingExpensesExcludingManagementFeesIncentiveFeesAndInterestExpenseToAver
0.043 pure
CY2022 piac Ratio Of Net Investment Loss To Average Net Assets
RatioOfNetInvestmentLossToAverageNetAssets
-0.022 pure
CY2021 piac Ratio Of Net Investment Loss To Average Net Assets
RatioOfNetInvestmentLossToAverageNetAssets
-0.03 pure
CY2020 piac Ratio Of Net Investment Loss To Average Net Assets
RatioOfNetInvestmentLossToAverageNetAssets
-0.027 pure
CY2019 piac Ratio Of Net Investment Loss To Average Net Assets
RatioOfNetInvestmentLossToAverageNetAssets
-0.028 pure
CY2018 piac Ratio Of Net Investment Loss To Average Net Assets
RatioOfNetInvestmentLossToAverageNetAssets
0.025 pure
CY2022 piac Net Investment Incomeloss To Average Net Assets Excluding Other Income From Noninvestment
NetInvestmentIncomelossToAverageNetAssetsExcludingOtherIncomeFromNoninvestment
-0.023 pure
CY2021 piac Net Investment Incomeloss To Average Net Assets Excluding Other Income From Noninvestment
NetInvestmentIncomelossToAverageNetAssetsExcludingOtherIncomeFromNoninvestment
-0.03 pure
CY2020 piac Net Investment Incomeloss To Average Net Assets Excluding Other Income From Noninvestment
NetInvestmentIncomelossToAverageNetAssetsExcludingOtherIncomeFromNoninvestment
-0.03 pure
CY2019 piac Net Investment Incomeloss To Average Net Assets Excluding Other Income From Noninvestment
NetInvestmentIncomelossToAverageNetAssetsExcludingOtherIncomeFromNoninvestment
-0.028 pure
CY2018 piac Net Investment Incomeloss To Average Net Assets Excluding Other Income From Noninvestment
NetInvestmentIncomelossToAverageNetAssetsExcludingOtherIncomeFromNoninvestment
0.025 pure
CY2022 piac Ratio Of Net Increasedecrease In Net Assets Resulting From Operations To Average Net Assetsin
RatioOfNetIncreasedecreaseInNetAssetsResultingFromOperationsToAverageNetAssetsin
0.188 pure
CY2021 piac Ratio Of Net Increasedecrease In Net Assets Resulting From Operations To Average Net Assetsin
RatioOfNetIncreasedecreaseInNetAssetsResultingFromOperationsToAverageNetAssetsin
0.412 pure
CY2020 piac Ratio Of Net Increasedecrease In Net Assets Resulting From Operations To Average Net Assetsin
RatioOfNetIncreasedecreaseInNetAssetsResultingFromOperationsToAverageNetAssetsin
-0.427 pure
CY2019 piac Ratio Of Net Increasedecrease In Net Assets Resulting From Operations To Average Net Assetsin
RatioOfNetIncreasedecreaseInNetAssetsResultingFromOperationsToAverageNetAssetsin
-0.215 pure
CY2018 piac Ratio Of Net Increasedecrease In Net Assets Resulting From Operations To Average Net Assetsin
RatioOfNetIncreasedecreaseInNetAssetsResultingFromOperationsToAverageNetAssetsin
0.004 pure
CY2022 piac Portfolio Turnoverin Dollars Per Share
PortfolioTurnoverinDollarsPerShare
0.323 pure
CY2021 piac Portfolio Turnoverin Dollars Per Share
PortfolioTurnoverinDollarsPerShare
0.004 pure
CY2020 piac Portfolio Turnoverin Dollars Per Share
PortfolioTurnoverinDollarsPerShare
0.004 pure
CY2019 piac Portfolio Turnoverin Dollars Per Share
PortfolioTurnoverinDollarsPerShare
0.007 pure
CY2018 piac Portfolio Turnoverin Dollars Per Share
PortfolioTurnoverinDollarsPerShare
0.005 pure
CY2021Q1 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
9910601 usd
CY2022Q1 us-gaap Bankruptcy Claims Amount Of Claims Expunged By Bankruptcy Court
BankruptcyClaimsAmountOfClaimsExpungedByBankruptcyCourt
15000000 usd
CY2022 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
11372699 usd
CY2022Q4 us-gaap Bankruptcy Claims Amount Of Claims Expunged By Bankruptcy Court
BankruptcyClaimsAmountOfClaimsExpungedByBankruptcyCourt
15000000 usd
CY2022Q4 us-gaap Bankruptcy Claims Amount Of Claims Under Review By Management
BankruptcyClaimsAmountOfClaimsUnderReviewByManagement
1000000 usd
CY2022Q4 us-gaap Proceeds From Legal Settlements
ProceedsFromLegalSettlements
11372699 usd
CY2022 piac Considered Significant Subsidiary
ConsideredSignificantSubsidiary
0.20 pure
CY2022Q4 us-gaap Other Assets
OtherAssets
2843000 usd
CY2021Q4 us-gaap Other Assets
OtherAssets
3682000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
12616000 usd
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
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CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1156000 usd
CY2022 us-gaap Revenues
Revenues
8757000 usd
CY2021 us-gaap Revenues
Revenues
8182000 usd
CY2020 us-gaap Revenues
Revenues
6935000 usd
CY2022 us-gaap Gross Profit
GrossProfit
1694000 usd
CY2021 us-gaap Gross Profit
GrossProfit
1993000 usd
CY2020 us-gaap Gross Profit
GrossProfit
1873000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
66000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
269000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
1790000 usd
CY2022Q4 piac Total Investment Incomes
TotalInvestmentIncomes
454302 usd
CY2022Q3 piac Total Investment Incomes
TotalInvestmentIncomes
433260 usd
CY2022Q2 piac Total Investment Incomes
TotalInvestmentIncomes
425799 usd
CY2022Q1 piac Total Investment Incomes
TotalInvestmentIncomes
241282 usd
CY2022Q4 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
490674 usd
CY2022Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
705916 usd
CY2022Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
578244 usd
CY2022Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
558307 usd
CY2022Q2 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
456 usd
CY2022Q4 piac Net Investment Income Loss
NetInvestmentIncomeLoss
-36372 usd
CY2022Q3 piac Net Investment Income Loss
NetInvestmentIncomeLoss
-272656 usd
CY2022Q2 piac Net Investment Income Loss
NetInvestmentIncomeLoss
-152901 usd
CY2022Q1 piac Net Investment Income Loss
NetInvestmentIncomeLoss
-317025 usd
CY2022Q4 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
4368297 usd
CY2022Q4 piac Net Change In Unrealized Appreciation Depreciations
NetChangeInUnrealizedAppreciationDepreciations
-3407385 usd
CY2022Q3 piac Net Change In Unrealized Appreciation Depreciations
NetChangeInUnrealizedAppreciationDepreciations
7255747 usd
CY2022Q2 piac Net Change In Unrealized Appreciation Depreciations
NetChangeInUnrealizedAppreciationDepreciations
-11550 usd
CY2022Q1 piac Net Change In Unrealized Appreciation Depreciations
NetChangeInUnrealizedAppreciationDepreciations
-779230 usd
CY2022Q4 piac Net Increase Decrease In Net Assets Resulting From Operations
NetIncreaseDecreaseInNetAssetsResultingFromOperations
924540 usd
CY2022Q3 piac Net Increase Decrease In Net Assets Resulting From Operations
NetIncreaseDecreaseInNetAssetsResultingFromOperations
6983091 usd
CY2022Q2 piac Net Increase Decrease In Net Assets Resulting From Operations
NetIncreaseDecreaseInNetAssetsResultingFromOperations
-164451 usd
CY2022Q1 piac Net Increase Decrease In Net Assets Resulting From Operations
NetIncreaseDecreaseInNetAssetsResultingFromOperations
-1096255 usd
CY2022Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.008
CY2022Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.058
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.001
CY2022Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.009
CY2022Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.008
CY2022Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.058
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.001
CY2022Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.009
CY2022Q4 piac Weighted Average Common Shares Outstanding Basicin Shares
WeightedAverageCommonSharesOutstandingBasicinShares
120486061 shares
CY2022Q3 piac Weighted Average Common Shares Outstanding Basicin Shares
WeightedAverageCommonSharesOutstandingBasicinShares
120486061 shares
CY2022Q2 piac Weighted Average Common Shares Outstanding Basicin Shares
WeightedAverageCommonSharesOutstandingBasicinShares
120486061 shares
CY2022Q1 piac Weighted Average Common Shares Outstanding Basicin Shares
WeightedAverageCommonSharesOutstandingBasicinShares
120486061 shares
CY2022Q4 piac Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
120486061 shares
CY2022Q3 piac Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
120486061 shares
CY2022Q2 piac Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
120486061 shares
CY2022Q1 piac Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
120486061 shares
CY2021Q4 piac Total Investment Incomes
TotalInvestmentIncomes
361663 usd
CY2021Q3 piac Total Investment Incomes
TotalInvestmentIncomes
357695 usd
CY2021Q2 piac Total Investment Incomes
TotalInvestmentIncomes
78015 usd
CY2021Q1 piac Total Investment Incomes
TotalInvestmentIncomes
77163 usd
CY2021Q4 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
588863 usd
CY2021Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
401238 usd
CY2021Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
383730 usd
CY2021Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
380491 usd
CY2021Q4 piac Net Investment Income Loss
NetInvestmentIncomeLoss
-227200 usd
CY2021Q3 piac Net Investment Income Loss
NetInvestmentIncomeLoss
-43543 usd
CY2021Q2 piac Net Investment Income Loss
NetInvestmentIncomeLoss
-305715 usd
CY2021Q1 piac Net Investment Income Loss
NetInvestmentIncomeLoss
-303328 usd
CY2021Q4 piac Net Change In Unrealized Appreciation Depreciations
NetChangeInUnrealizedAppreciationDepreciations
1967671 usd
CY2021Q3 piac Net Change In Unrealized Appreciation Depreciations
NetChangeInUnrealizedAppreciationDepreciations
-1630575 usd
CY2021Q2 piac Net Change In Unrealized Appreciation Depreciations
NetChangeInUnrealizedAppreciationDepreciations
8126090 usd
CY2021Q1 piac Net Change In Unrealized Appreciation Depreciations
NetChangeInUnrealizedAppreciationDepreciations
4410052 usd
CY2021Q4 piac Net Increase Decrease In Net Assets Resulting From Operations
NetIncreaseDecreaseInNetAssetsResultingFromOperations
1740471 usd
CY2021Q3 piac Net Increase Decrease In Net Assets Resulting From Operations
NetIncreaseDecreaseInNetAssetsResultingFromOperations
-1674118 usd
CY2021Q2 piac Net Increase Decrease In Net Assets Resulting From Operations
NetIncreaseDecreaseInNetAssetsResultingFromOperations
7820375 usd
CY2021Q1 piac Net Increase Decrease In Net Assets Resulting From Operations
NetIncreaseDecreaseInNetAssetsResultingFromOperations
4106724 usd
CY2021Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.014
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.014
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.065
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.034
CY2021Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.014
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.014
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.065
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.034
CY2021Q4 piac Weighted Average Common Shares Outstanding Basicin Shares
WeightedAverageCommonSharesOutstandingBasicinShares
120486061 shares
CY2021Q3 piac Weighted Average Common Shares Outstanding Basicin Shares
WeightedAverageCommonSharesOutstandingBasicinShares
120486061 shares
CY2021Q2 piac Weighted Average Common Shares Outstanding Basicin Shares
WeightedAverageCommonSharesOutstandingBasicinShares
120486061 shares
CY2021Q1 piac Weighted Average Common Shares Outstanding Basicin Shares
WeightedAverageCommonSharesOutstandingBasicinShares
120486061 shares
CY2021Q4 piac Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
120486061 shares
CY2021Q3 piac Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
120486061 shares
CY2021Q2 piac Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
120486061 shares
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TotalInvestmentIncomes
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TotalInvestmentIncomes
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TotalInvestmentIncomes
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OperatingCostsAndExpenses
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OtherTaxExpenseBenefit
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CY2020Q1 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
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NetInvestmentIncomeLoss
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NetInvestmentIncomeLoss
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NetChangeInUnrealizedAppreciationDepreciations
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NetChangeInUnrealizedAppreciationDepreciations
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NetChangeInUnrealizedAppreciationDepreciations
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IncomeLossFromContinuingOperationsPerBasicShare
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WeightedAverageCommonSharesOutstandingBasicinShares
120486061 shares
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WeightedAverageCommonSharesOutstandingBasicinShares
120486061 shares
CY2020Q1 piac Weighted Average Common Shares Outstanding Basicin Shares
WeightedAverageCommonSharesOutstandingBasicinShares
120486061 shares
CY2020Q4 piac Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
120486061 shares
CY2020Q3 piac Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
120486061 shares
CY2020Q2 piac Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
120486061 shares
CY2020Q1 piac Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
120486061 shares
CY2022Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.12 pure
CY2022 piac Interest Income Paidinkind From Control Investments
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CY2022 us-gaap Provision For Doubtful Accounts
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CY2022 piac Portfolio Investments
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CY2021 piac Portfolio Investments
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CY2021 us-gaap Realized Investment Gains Losses
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CY2022 piac Increase In Investments Due To Pik
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CY2021 piac Allowance For Bad Debt
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CY2022 piac Other Receivable2
OtherReceivable2
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CY2021 piac Other Receivable2
OtherReceivable2
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CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
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CY2021 us-gaap Payments Of Dividends Common Stock
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CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
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CY2022 piac Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Adjustments To Cost
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringAdjustmentsToCost
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CY2022 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
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CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
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CY2021 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
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CY2022 us-gaap Current Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
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CY2022 us-gaap Other Income Tax Expense Benefit Continuing Operations
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CY2021 us-gaap Other Income Tax Expense Benefit Continuing Operations
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CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
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CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
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CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
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CY2022 piac Federal Payable True Up
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CY2021 piac Federal Payable True Up
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CY2020 piac Federal Payable True Up
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CY2022 piac Permanent Items
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CY2021 piac Permanent Items
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CY2022 piac Capital Loss Carryforward Expiration
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CY2020 piac Capital Loss Carryforward Expiration
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CY2021 piac Deferred Trueup
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CY2022 piac Rate Change
RateChange
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CY2021 piac Rate Change
RateChange
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CY2020 piac Rate Change
RateChange
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CY2022 piac Other
Other
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CY2021 piac Other
Other
shares
CY2020 piac Other
Other
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CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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CY2021 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
CY2019 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
CY2021 us-gaap Investment Company Tax Return Of Capital Distribution Per Share
InvestmentCompanyTaxReturnOfCapitalDistributionPerShare
CY2020 us-gaap Investment Company Tax Return Of Capital Distribution Per Share
InvestmentCompanyTaxReturnOfCapitalDistributionPerShare
CY2019 us-gaap Investment Company Tax Return Of Capital Distribution Per Share
InvestmentCompanyTaxReturnOfCapitalDistributionPerShare
CY2018 us-gaap Investment Company Tax Return Of Capital Distribution Per Share
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CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
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CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
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CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
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CY2022Q4 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
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CY2022Q3 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
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CY2022Q1 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
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CY2022Q3 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2022Q2 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2022Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2021Q4 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2021Q3 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2021Q2 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2021Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2020Q3 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2020Q2 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2020Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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CY2022 dei Amendment Flag
AmendmentFlag
false
CY2022 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2022 dei Entity Central Index Key
EntityCentralIndexKey
0000845385

Files In Submission

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piac-20221231_def.xml Edgar Link unprocessable
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0001213900-23-024619-index.html Edgar Link pending
0001213900-23-024619.txt Edgar Link pending
0001213900-23-024619-xbrl.zip Edgar Link pending
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ex99-1_003.jpg Edgar Link pending
f10k2022ex31-1_princetoncap.htm Edgar Link pending
f10k2022ex31-2_princetoncap.htm Edgar Link pending
f10k2022ex32_princetoncap.htm Edgar Link pending
f10k2022ex4-2_princetoncap.htm Edgar Link pending
f10k2022ex99-1_princeton.htm Edgar Link pending
f10k2022_princetoncap.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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piac-20221231.xsd Edgar Link pending
R1.htm Edgar Link pending
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piac-20221231_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
piac-20221231_pre.xml Edgar Link unprocessable
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f10k2022_princetoncap_htm.xml Edgar Link completed
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