v3.26.1
Consolidated Statements of Operations
$ in Thousands
 12 Months Ended
Dec. 31, 2025
USD ($)
$ / shares
shares
Non-control/non-affiliate investments:  
Interest income $ 7,636
Payment-in-kind interest income 295
Other income 102
Total investment income 8,033
Operating Expenses:  
Interest expense 1,987
Administration expense 759
Income-based incentive fees 256
Management fees 789
Board of directors’ fees 28
Professional fees 572
Custody expense 61
Other general and administrative expenses 432
Total operating expenses 4,884
Less: Management fees waived (197)
Less: Income-based incentive fees waived (256)
Net operating expenses 4,431
Net investment income 3,602
Realized and unrealized (loss) gain on investments:  
Net change in unrealized (depreciation) appreciation on non-control/non-affiliate investments (416)
Total net realized and unrealized (loss) gain on investments: (416)
Net Increase (Decrease) in Net Assets Resulting from Operations 3,186
Preferred stock dividends (59)
Net Increase (Decrease) in Net Assets Resulting from Operations Applicable to Common Stockholders $ 3,127
Per common share data:  
Net investment income (loss) per share (basic and diluted) (in Dollars per share) | $ / shares $ 0.22
Net investment income (loss) per share (Diluted) (in Dollars per share) | $ / shares 0.22
Net increase (decrease) in net assets resulting from operations per share (basic) (in Dollars per share) | $ / shares 0.19
Net increase (decrease) in net assets resulting from operations per share (Diluted) (in Dollars per share) | $ / shares $ 0.19
Weighted average shares outstanding (Basic) (in Shares) | shares 16,739,461
Weighted average shares outstanding (Diluted) (in Shares) | shares 16,739,461