| Summary of interest income |
| | | | | | | | | For the three months ended | | | March 31, 2026 | | March 31, 2025 | Loan interest | | $ | 19,465,129 | | $ | 22,350,506 | PIK income | | | 1,674,387 | | | 976,479 | Fee amortization income(1) | | | 764,447 | | | 761,383 | Fee income acceleration(2) | | | 349,044 | | | 38,748 | Total Interest Income | | $ | 22,253,007 | | $ | 24,127,116 |
| (1) | Includes amortization of fees on unfunded commitments. |
| (2) | Unamortized loan origination fees recognized upon full or partial realization of investment. |
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| Schedule of distributable loss on the Consolidated Statements of Assets and Liabilities |
| | | | | | | | | March 31, 2026 | | December 31, 2025 | Accumulated net realized loss from investments, net of cumulative dividends of $30,352,761 for both periods | | $ | (39,212,808) | | $ | (39,963,218) | Net realized loss on foreign currency translations | | | (278,481) | | | (282,145) | Net unrealized depreciation on investments and cash equivalents, net of deferred tax liability of $0 for both periods | | | (24,967,577) | | | (18,419,231) | Net unrealized (depreciation) appreciation on foreign currency translations | | | (30,166) | | | 17,854 | Accumulated undistributed net investment income | | | 29,625,813 | | | 31,966,956 | Total distributable loss | | $ | (34,863,219) | | $ | (26,679,784) |
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