v3.26.1
Borrowings (Tables)
 9 Months Ended
Jun. 30, 2026
Borrowings [Abstract]  
Schedule of Debt Issuance Costs

The Company’s outstanding debt excluding debt issuance costs as of June 30, 2026 and September 30, 2025 were as follows (dollars in thousands):

 

   June 30, 2026   September 30, 2025 
   Aggregate Principal Available(1)   Principal Amount Outstanding   Carrying Value   Fair Value   Aggregate Principal Available(1)   Principal Amount Outstanding   Carrying Value   Fair Value 
2028 Notes  $57,500   $57,500   $56,718   $55,200   $57,500   $57,500   $56,477   $55,154 
2028 Promissory Note   
-
    
-
    
-
    
-
    1,661    1,661    1,543    1,594 
Revolving Credit Facility   10,008    89,992    89,992    89,992    10,008    89,992    89,992    89,992 
Total debt  $67,508   $147,492   $146,710   $145,192   $69,169   $149,153   $148,012   $146,740 

 

(1)For the 2028 Notes and 2028 Promissory Note, this represents the total principal amount and for the Revolving Credit Facility, this represents the undrawn principal amount.
Schedule of Consolidated Statements of Assets and Liabilities As of June 30, 2026 and September 30, 2025, debt issuance costs related to the 2028 Notes were as follows (dollars in thousands):
   For the nine months ended   For the year ended 
   June 30, 2026   September 30, 2025 
   2028 Notes   2028 Promissory Note   Total   2028 Notes   2028 Promissory Note   Total 
Total debt issuance costs at beginning of period  $1,023   $118   $1,141   $1,357   $154   $1,511 
Debt issuance costs during the period   
-
    
-
    
-
    
-
    
-
    
-
 
Amortized debt issuance costs   242    118    360    334    36    370 
Unamortized debt issuance costs  $781   $
-
   $781   $1,023   $118   $1,141 
Schedule of Interest Expense, Amortized Debt Issuance Costs, Amortized Deferred Financing Costs, Weighted Average Stated Interest Rate And Weighted Average Outstanding Debt

For the three and nine months ended June 30, 2026 and 2025, the components of interest expense, amortized debt issuance costs, amortized deferred financing costs, weighted average stated interest rate and weighted average outstanding debt balance for the 2028 Notes, 2028 Promissory Note and Credit Facility were as follows (dollars in thousands):

 

   For the Three Months Ended
June 30,		   For the Nine Months Ended
June 30,		 
   2026   2025   2026   2025 
2028 Notes Interest  $756   $753   $2,265   $2,263 
2028 Promissory Note Interest   
-
    22    16    66 
Credit facility interest   1,397    1,607    4,282    4,601 
Commitment fees   6    (24)   19    (15)
Amortization of deferred financing costs   78    99    230    483 
Amortization of debt issuance costs   83    92    249    276 
Other   
-
    111    
-
    111 
Total  $2,320   $2,660   $7,061   $7,785 
Weighted average stated interest rate   5.8%   6.6%   5.9%   6.6%
Weighted average debt outstanding  $149,130   $151,623   $147,905   $143,377