v3.26.1
Consolidated Balance Sheet (Parenthetical)
Dec. 31, 2025
USD ($)
shares
Statement of Financial Position [Abstract]  
Amortized cost | $ $ 464,320,000 [1],[2],[3]
Common stock, shares issued (in shares) | shares 17,146,374
Common stock, shares, outstanding (in shares) | shares 17,146,374
Deferred financing cost | $ $ 521,000
[1] As of December 31, 2025, the estimated cost basis of investments for U.S. federal tax purposes was $465.0 million resulting in estimated gross unrealized gains and losses of $1.6 million and $3.3 million, respectfully.
[2] The amortized cost represents the original cost adjusted for the amortization of discounts and premiums, as applicable, on debt investments using the effective interest method.
[3] Unless otherwise indicated, the Company’s portfolio companies are domiciled in the United States. Under the 1940 Act, the Company would “control” a portfolio company if the Company owned more than 25% of its outstanding voting securities and/or had the power to exercise control over the management or policies of such portfolio company. As of December 31, 2025, the Company does not “control” any of the portfolio companies. Also under the 1940 Act, the Company would be deemed to be an “Affiliated Person” of a portfolio company if the Company owns more than 5% of the portfolio company's outstanding voting securities. As of December 31, 2025, the Company does not identify any of its portfolio companies as affiliates.