v3.25.2
Income Taxes
6 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes

Note 10. Income Taxes

For the three and six months ended June 30, 2025, the Company recognized $271 of excise taxes related to its status as a RIC. As of June 30, 2025, $271 of accrued excise taxes remained payable.

For the three and six months ended June 30, 2025, the Company recognized no benefits (provisions) for taxes on realized and unrealized appreciation and depreciation on investments. As of June 30, 2025 and December 31, 2024, no deferred tax assets or liabilities were recorded on the Consolidated Statements of Assets and Liabilities.

The Company's aggregate investment unrealized appreciation and depreciation for federal income tax purposes was as follows (in thousands):

 

 

As of June 30, 2025

 

Tax Cost

$

286,803

 

Gross Unrealized Appreciation

$

1,335

 

Gross Unrealized Depreciation

 

(568

)

Net Unrealized Investment Appreciation (Depreciation)

$

767