Earnings Per Common Share

12 Months Ended

Dec. 31, 2025

10. EARNINGS PER COMMON SHARE

The following information sets forth the computation of basic and diluted earnings per Share:


	For the Year Ended December 31,
	2025		2024		2023
Net increase in net assets from operations	$	598,898	$	321,791	$	67,777
Weighted average shares outstanding		289,833,453		129,477,228		35,380,606
Basic and diluted earnings (loss) per share	$	2.07	$	2.49	$	1.92

Diluted earnings per share equal basic earnings per share because there were no common stock equivalents outstanding during the periods presented.