v3.26.1
Earnings (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings (Loss) Per Share
The following information sets forth the computation of basic and diluted net increase in the Company’s net assets per share resulting from operations for the three and six months ended June 30, 2026 and June 30, 2025:
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Earnings per share—basic
Numerator for basic earnings (loss) per share:$17,257 $7,774 $(33,671)$31,187 
Denominator for basic weighted average share:94,551,023 107,750,160 97,497,589 107,800,508 
Basic earnings (loss) per share:$0.18 $0.07 $(0.35)$0.29 
Earnings per share—diluted(1)
Numerator for increase (decrease) in net assets per share$17,257 $7,774 $(33,671)$31,187 
Adjustment for interest on 2022 Convertible Notes and incentive fees, net (2)(3)— 4,197 — 8,259 
Numerator for diluted earnings (loss) per share:$17,257 $11,971 $(33,671)$39,446 
Denominator for basic weighted average share94,551,023 107,750,160 97,497,589 107,800,508 
Adjustment for dilutive effect of 2022 Convertible Notes(2)— 18,983,299 — 18,992,347 
Denominator for diluted weighted average share94,551,023 126,733,459 97,497,589 126,792,855 
Diluted earnings (loss) per share:$0.18 $0.07 $(0.35)$0.29 
(1)In applying the if-converted method, conversion is not assumed for purposes of computing diluted earnings per share if the effect would be anti-dilutive. For the three and six months ended June 30, 2025, there was anti-dilution.
(2)For the three and six months ended June 30, 2026, the Company did not hold any convertible notes.
(3)In applying the if-converted method, the adjustment for incentive fees includes the impact of any incentive fee waived during the period. See Note 5. Agreements, for details.