Note 10—Earnings Per Share

Basic earnings per share is computed by dividing earnings available to common shareholders by the weighted average number of shares outstanding during the period. Other potentially dilutive shares, and the related impact to earnings, are considered when calculating earnings per share on a diluted basis. For the three months ended March 31, 2026 and 2025, there were no dilutive securities. The following information sets forth the computation of the weighted average basic and diluted net change in net assets per share resulting from operations for the three months ended March 31, 2026 and 2025.


	For the Three Months Ended March 31,
	2026		2025
Increase (decrease) in net assets resulting from operations	$	8,348	$	6,713
Weighted average shares outstanding		18,631,485		10,684,405
Earnings (loss) per share - basic and diluted	$	0.45	$	0.63