The following table provides the Company’s contractual obligations as of June 30, 2026 and December 31, 2025 (in thousands):


	Payments Due by Period (1)
	Less than 1 Year				1-3 years			3-5 years		More than 5 Years		Total
As of June 30, 2026
Borrowings (2)
Credit Facility	$	-		$		350,000	$		-	$	-	$	350,000
2027 Notes		32,969				40,250			-		-		73,219
2028 Notes		-				107,000			-		-		107,000
2029 Notes		-				-			50,000		-		50,000
2031 Notes		-				-			103,250		-		103,250
Total Borrowings		32,969				497,250			153,250		-		683,469
Deferred Incentive Fees		4,715				3,242			2,710		84		10,751
Total	$	37,684		$		500,492	$		155,960	$	84	$	694,220
As of December 31, 2025
Borrowings (2)
Credit Facility	$	-		$		-	$		173,000	$	-	$	173,000
2026 Notes		25,000				-			-		-		25,000
2027 Notes		-				132,250			-		-		132,250
2028 Notes		-				107,000			-		-		107,000
Total Borrowings		25,000				239,250			173,000		-		437,250
Deferred Incentive Fees		4,197				5,309			2,659		84		12,249
Foreign Currency Forward Contracts		(711	)			-			-		-		(711	)
Total	$	28,486		$		244,559	$		175,659	$	84	$	448,788

(1)

Excludes interest payable on borrowings, accrued expenses, and commitments to extend credit to the Company’s portfolio companies.

(2)

Amounts represent future principal repayments and not the carrying value of each liability (refer to "Note 7 – Borrowings").

The Company and RGC are not currently subject to any material legal proceedings, nor, to the Company's knowledge, is any material legal proceeding threatened against the Company or RGC. From time to time, the Company or RGC may be a party to certain legal proceedings in the ordinary course of business, including proceedings relating to the enforcement of their rights under contracts with its portfolio companies. The Company's business is also subject to extensive regulation, which may result in regulatory proceedings against it. While the outcome of any such legal proceedings cannot be predicted with certainty, the Company does not expect that any such proceedings will have a material effect upon its financial condition or results of operations.

In the normal course of business, the Company may enter into investment agreements under which it commits to make an investment in a portfolio company at some future date or over a specified period of time. These unfunded contractual commitments to provide funds to portfolio companies are not reflected on the Consolidated Statements of Assets and Liabilities. With the exception of the JV, the availability of such unfunded commitments is subject to the specific terms and conditions of each contract, which may include, among other factors, portfolio company performance requirements and time-based cancellation provisions. As a result, only a portion of unfunded commitments is currently eligible to be drawn.

The Company's unfunded commitments to provide debt and equity financing to its portfolio companies and Runway-Cadma I LLC amounted to $146.7 million and $145.5 million as of June 30, 2026 and December 31, 2025, respectively, shown in the table below (in thousands):


Portfolio Company	Investment Type	June 30, 2026		December 31, 2025
13Scents Inc. (dba Dossier)	Senior Secured Revolver	$	1,823	$	-
Autobooks, Inc.	Senior Secured Term Loan		3,400		10,400
BlueConic Holding, Inc. (fka Blueshift Labs, Inc.)	Senior Secured Term Loan		-		150
Bombora, Inc.	Senior Secured Term Loan		500		500
CarNow, Inc.	Senior Secured Term Loan		-		4,000
Digicert, Inc.	Senior Secured Revolver		673		673
HR Pharmaceuticals, LLC	Senior Secured Term Loan		708		-
HR Pharmaceuticals, LLC	Senior Secured Revolver		480		-
Marley Spoon SE	Senior Secured Term Loan		-		5,756
Marley Spoon SE	Senior Secured Revolver		-		4,851
Marley Spoon SE	Subordinated Debt - Senior Tranche Term Loan		28,884		-
Onward Medical, N.V.	Senior Secured Term Loan		38,982		38,982
Route 92 Medical, Inc.	Senior Secured Term Loan		-		20,000
Runway-Cadma I LLC	Joint Venture		22,820		22,718
Shepherd Intermediate, LLC (dba FHAS)	Senior Secured Term Loan		1,042		2,083
Shepherd Intermediate, LLC (dba FHAS)	Senior Secured Revolver		417		417
Shield Therapeutics PLC	Senior Secured Term Loan		15,000		18,000
Snap! Mobile, Inc.	Senior Secured Term Loan		-		5,000
Swing Education, Inc.	Senior Secured Term Loan		2,000		2,000
Swing Education, Inc.	Senior Secured Revolver		10,000		10,000
Under Technologies, Inc. (dba Rho)	Senior Secured Term Loan		20,000		-
Total unused commitments to extend financing		$	146,729	$	145,530

The Company may also enter into foreign currency forward contracts to mitigate its exposure to foreign currency fluctuations associated with certain investments denominated in foreign currencies. While these contracts are recognized on the Consolidated Statements of Assets and Liabilities at fair value in accordance with ASC 815, they are also considered off-balance sheet arrangements because they may result in future cash payments or receipts that are not fully reflected in the financial statements as of June 30, 2026. As of June 30, 2026, the Company had no foreign currency forward contracts outstanding. As of December 31, 2025, the Company had outstanding forward currency contracts with a total notional amount of $28.9 million to purchase foreign currencies. For more information on the contracts and related maturities, refer to "Note 4 – Investments."

Note 8 – Commitments, Contingencies, and Off-Balance Sheet Arrangements