v3.26.1
STATEMENTS OF CHANGES IN NET ASSETS (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Increase (decrease) in net assets resulting from operations:    
Net investment income $ 4,983 $ 4,576
Net realized gain (loss) 2,630 264
Net change in unrealized appreciation (depreciation) on investments (8,358) (4,387)
Net increase (decrease) in net assets resulting from operations (745) 453
Distributions to stockholders:    
Distributions [1] (4,196) (4,271)
Total distributions to stockholders (4,196) (4,271)
Capital transactions:    
Issuance (Buyback) of common stock, net (528)  
Net increase (decrease) in net assets resulting from capital transactions (528)  
Total increase (decrease) in net assets (5,469) (3,818)
Net assets at beginning of period 112,946 [2] 136,113
Net assets at end of period $ 107,477 $ 132,295
Capital share activity    
Shares outstanding at the beginning of the period 13,998,168 11,544,415
Issuance (Buyback) of common stock, net (106,123)  
Shares outstanding at the end of the period [3] 13,892,045 11,544,415
[1] Distributions were from distributable earnings for each of the periods presented.
[2] Great Elm Capital Corp.’s (the “Company”) investments are generally acquired in private transactions exempt from registration under the Securities Act, as amended (the “Securities Act”) and, therefore, are generally subject to limitations on resale, and may be deemed to be “restricted securities” under the Securities Act.
[3] The per share data was derived by using the weighted average shares outstanding during the period, except where such calculations deviate from those specified under the instructions to Form N-2.