| Schedule of Components of Investment Income |
The following table sets forth the components of investment income for the three and six months ended June 30, 2026 and 2025, respectively:
|
|
|
Three Months
Ended
June 30,
2026
|
|
Three Months
Ended
June 30,
2025
|
|
Interest income – debt investments
|
|
|
|
|
|
|
|
Stated interest income
|
|
$
|
3,437,323 |
|
$
|
3,678,558 |
|
Original issue discount and market discount income
|
|
|
1,090,697 |
|
|
546,470 |
|
Discount income derived from unscheduled remittances at par
|
|
|
7,769 |
|
|
3,165 |
|
Total interest income – debt investments(1)
|
|
$
|
4,535,789 |
|
$
|
4,228,193 |
|
Interest income – debt investments – PIK(1)
|
|
$
|
896,600 |
|
$
|
857,257 |
|
Income from securitization vehicles and investments
|
|
$
|
3,508,746 |
|
$
|
3,855,072 |
|
Commitment, amendment and other fee income
|
|
|
|
|
|
|
|
Fee letters
|
|
$
|
148,790 |
|
$
|
143,380 |
|
Money market fund income and all other fees
|
|
|
312,168 |
|
|
438,279 |
|
Total commitment, amendment and other fee income
|
|
$
|
460,958 |
|
$
|
581,659 |
|
Total investment income
|
|
$
|
9,402,093 |
|
$
|
9,522,181 |
|
|
|
Six Months
Ended
June 30,
2026
|
|
Six Months
Ended
June 30,
2025
|
|
Interest income – debt investments
|
|
|
|
|
|
|
|
|
Stated interest income
|
|
$
|
6,754,841 |
|
$
|
7,638,839 |
|
|
Original issue discount and market discount income
|
|
|
2,085,493 |
|
|
1,416,719 |
|
|
Discount income/(amortization of premium) derived from unscheduled remittances at par
|
|
|
14,205 |
|
|
(961 |
)
|
|
Total interest income – debt investments(1)
|
|
$
|
8,854,539 |
|
$
|
9,054,597 |
|
|
Interest income – debt investments – PIK(1)
|
|
$
|
1,683,522 |
|
$
|
1,565,608 |
|
|
Income from securitization vehicles and investments
|
|
$
|
6,732,944 |
|
$
|
7,811,125 |
|
|
Commitment, amendment and other fee income
|
|
|
|
|
|
|
|
|
Fee letters
|
|
$
|
352,373 |
|
$
|
289,059 |
|
|
Money market fund income and all other fees(2)
|
|
|
721,393 |
|
|
962,842 |
|
|
Total commitment, amendment and other fee income
|
|
$
|
1,073,766 |
|
$
|
1,251,901 |
|
|
Total investment income
|
|
$
|
18,344,771 |
|
$
|
19,683,231 |
|
|