| SCHEDULE OF BASIC AND DILUTED COMMON SHARE |
The
following information sets forth the computation of basic and diluted net change in net assets resulting from operations per common share,
pursuant to ASC 260, for the three and six months ended June 30, 2025 and 2024.
SCHEDULE
OF BASIC AND DILUTED COMMON SHARE
| | |
|
|
|
|
|
|
|
|
2025 | | |
2024 | |
| | |
Three
Months Ended June 30, |
|
Six
Months Ended June 30, | |
| | |
2025 |
|
2024 |
|
2025 | | |
2024 | |
| Earnings
per common share–basic: | |
|
|
|
|
|
|
|
|
| | | |
| | |
| Net change in
net assets resulting from operations | |
$ |
62,328,070 |
|
|
$ |
(10,651,183 |
) |
|
$ | 61,521,355 | | |
$ | (32,716,529 | ) |
| Weighted-average
common shares–basic | |
|
23,728,095 |
|
|
|
23,410,235 |
|
|
| 23,650,399 | | |
| 24,401,863 | |
| Earnings
per common share–basic | |
$ |
2.63 |
|
|
$ |
(0.45 |
) |
|
$ | 2.60 | | |
$ | (1.34 | ) |
| Earnings
per common share–diluted: | |
|
|
|
|
|
|
|
|
| | | |
| | |
| Net change in net assets resulting
from operations | |
$ |
62,328,070 |
|
|
$ |
(10,651,183 |
) |
|
$ | 61,521,355 | | |
$ | (32,716,529 | ) |
| Adjustment
for interest and amortization on 6.50%
Convertible Notes due 2029(1) | |
|
628,529 |
|
|
|
— |
|
|
| 1,241,345 | | |
| — | |
| Net
change in net assets resulting from operations, as adjusted | |
$ |
62,956,599 |
|
|
$ |
(10,651,183 |
) |
|
$ | 62,762,700 | | |
$ | (32,716,529 | ) |
| Adjustment
for dilutive effect of 6.50%
Convertible Notes due 2029(1) | |
|
4,516,130 |
|
|
|
— |
|
|
| 4,462,664 | | |
| — | |
| Weighted-average common
shares outstanding–diluted(1) | |
|
28,244,225 |
|
|
|
23,410,235 |
|
|
| 28,113,063 | | |
| 24,401,863 | |
| Earnings
per common share–diluted | |
$ |
2.23 |
|
|
$ |
(0.45 |
) |
|
$ | 2.23 | | |
$ | (1.34 | ) |
| (1) | For the three and six months ended June 30, 2024, there were no
potentially dilutive securities outstanding. |
|