v3.25.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest and dividend income:    
Total interest and dividend income $ 62,673 $ 49,392
Fee and other income:    
Total fee and other income 2,712 1,061
Total investment income 65,385 50,453
EXPENSES:    
Interest expense and other debt financing costs 17,656 12,144
Compensation and benefits 10,645 9,864
Professional fees 2,027 720
General and administrative 2,466 1,929
Total gross expenses 32,794 24,657
Allocated expenses to Trinity Capital Adviser, LLC (408)  
Total net expenses 32,386 24,657
NET INVESTMENT INCOME/(LOSS) BEFORE TAXES 32,999 25,796
Excise tax expense 616 639
NET INVESTMENT INCOME 32,383 25,157
NET REALIZED GAIN/(LOSS) FROM INVESTMENTS:    
Net realized gain/(loss) from investments (2,154) 1,351
NET CHANGE IN UNREALIZED APPRECIATION/(DEPRECIATION) FROM INVESTMENTS:    
Net change in unrealized appreciation/(depreciation) from investments (3,142) (12,000)
NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS $ 27,087 $ 14,508
NET INVESTMENT INCOME PER SHARE - BASIC $ 0.52 $ 0.54
NET INVESTMENT INCOME PER SHARE - DILUTED 0.52 0.52
NET CHANGE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC 0.43 0.31
NET CHANGE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED $ 0.43 $ 0.3
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC 62,555,531 46,748,386
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED 62,555,531 50,595,651
Control Investments    
Interest and dividend income:    
Total interest and dividend income $ 2,328 $ 852
NET CHANGE IN UNREALIZED APPRECIATION/(DEPRECIATION) FROM INVESTMENTS:    
Net change in unrealized appreciation/(depreciation) from investments 2 1,963
Affiliate Investments    
Interest and dividend income:    
Total interest and dividend income 1,272 385
Fee and other income:    
Total fee and other income 693 866
NET CHANGE IN UNREALIZED APPRECIATION/(DEPRECIATION) FROM INVESTMENTS:    
Net change in unrealized appreciation/(depreciation) from investments 430 254
Non-Control / Non-Affiliate Investments    
Interest and dividend income:    
Total interest and dividend income 59,073 48,155
Fee and other income:    
Total fee and other income 2,019 195
NET REALIZED GAIN/(LOSS) FROM INVESTMENTS:    
Net realized gain/(loss) from investments (2,154) 1,351
NET CHANGE IN UNREALIZED APPRECIATION/(DEPRECIATION) FROM INVESTMENTS:    
Net change in unrealized appreciation/(depreciation) from investments $ (3,574) $ (14,217)