Basic and diluted earnings per share (“EPS”) are computed using the two-class method, which considers participating securities as a separate class of shares. The two-class method is an earnings allocation formula that determines EPS for common stock according to dividends distributed and participation rights in undistributed earnings. The Company’s participating securities consist of its Series A Preferred Stock. Basic earnings per share is computed by dividing earnings available to common stockholders, adjusted to exclude earnings allocated to participating securities, by the weighted average number of shares outstanding during the period. Other potentially dilutive shares, and the related impact to earnings, are considered when calculating earnings per share on a diluted basis. The following information sets forth the computation of the weighted average basic and diluted net increase in net assets per share resulting from operations for the three and six months ended June 30, 2025 and 2024.


	For the three months ended June 30,				For the six months ended June 30,
Numerator	2025		2024		2025		2024
Net increase (decrease) in net assets resulting from operations	$	26,158	$	32,912	$	51,017	$	59,132
Less: cumulative preferred stock dividends	(1,482)		(1,687)		(3,168)		(3,373)
Less: changes in carrying value of redeemable securities	(4)		(4)		(9)		(9)

Numerator for EPS - income available to common stockholders	$	24,672	$	31,221	$	47,840	$	55,750

Denominator
Weighted average common shares outstanding	135,118,703		135,058,646		135,356,935		121,176,065
Basic and diluted earnings per share	$	0.18	$	0.23	$	0.35	$	0.46