v3.26.1
Consolidated Statements of Assets and Liabilities
$ in Thousands
Dec. 31, 2025
USD ($)
$ / shares
ASSETS  
Non-control/non-affiliate investments, at fair value (amortized cost of $254,405) $ 253,989
Cash and cash equivalents 7,214
Restricted cash 7,350
Interest and dividends receivable 603
Prepaid expenses and other assets 235
Total assets 269,391
LIABILITIES  
Credit facility, net of unamortized debt issuance cost 75,036 [1]
Financing costs payable 1,667
Subscriptions received in advance 7,350
Interest payable 436
Dividends payable 3,218
Management fees payable 31
Accrued professional fees 435
Accrued expenses and other liabilities 834
Total liabilities 89,007
Commitments and contingencies (Note 8)
NET ASSETS  
Preferred stock, $0.001 par value; 50,000,000 shares authorized, 332,696 shares issued and outstanding as of December 31, 2025 3,327
Net Assets Applicable to Common Shares 177,057
Components of Net Assets Applicable to Common Shares and Net Assets, respectively  
Common stock, $0.001 par value; 150,000,000 shares authorized, 17,742,363 shares issued and outstanding as of December 31, 2025 18
Additional paid-in capital 177,154
Distributable earnings (deficit) (115)
Net Assets Applicable to Common Shares $ 177,057
Net Asset Value Per Common Share (in Dollars per share) | $ / shares $ 9.98
[1] Credit facility is reflected net of borrowings outstanding of $77,800 and unamortized debt issuance cost of ($2,764).