| Summary of Computation of Basic and Diluted Earnings Per Share |
The following table sets forth the computation of basic and diluted earnings per share, for the three and six months ended June 30, 2026 and 2025 (dollars in thousands, except per share data):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the three months ended June 30, |
|
|
For the six months ended June 30, |
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Net increase (decrease) in net assets resulting from operations |
$ |
7,172 |
|
|
$ |
3,690 |
|
|
$ |
8,359 |
|
|
$ |
9,657 |
|
Weighted average shares outstanding (basic and diluted) |
|
41,537,571 |
|
|
|
41,529,909 |
|
|
|
41,537,160 |
|
|
|
41,528,578 |
|
Earnings per share (basic and diluted) |
$ |
0.17 |
|
|
$ |
0.09 |
|
|
$ |
0.20 |
|
|
$ |
0.23 |
|
|
| Summary of Shares Issued Under DRIP |
The following table reflects the distributions per share that the Company has declared, including shares issued under the DRIP, on its common stock from inception through June 30, 2026 (dollars in thousands, except per share data):
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|
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|
|
|
|
Distribution |
|
Date Declared |
|
Record Date |
|
Payment Dates |
|
Amount per Share |
|
|
Cash Distribution |
|
|
DRIP Shares Issued |
|
|
DRIP Shares Value |
|
|
Quarterly |
|
December 12, 2022 |
|
December 15, 2022 |
|
December 21, 2022 |
|
$ |
0.2635 |
|
|
$ |
10,892 |
|
|
|
3,915 |
|
|
$ |
40 |
|
|
Quarterly |
|
December 19, 2022 |
|
December 23, 2022 |
|
January 27, 2023 |
|
|
0.2405 |
|
|
|
9,941 |
|
|
|
3,665 |
|
|
|
37 |
|
|
Quarterly |
|
March 23, 2023 |
|
March 27, 2023 |
|
March 31, 2023 |
|
|
0.2222 |
|
|
|
9,185 |
|
|
|
3,619 |
|
|
|
35 |
|
|
Quarterly |
|
May 10, 2023 |
|
July 1, 2023 |
|
July 15, 2023 |
|
|
0.2246 |
|
|
|
9,284 |
|
|
|
3,780 |
|
|
|
37 |
|
|
Quarterly |
|
August 8, 2023 |
|
October 2, 2023 |
|
October 16, 2023 |
|
|
0.2271 |
|
|
|
9,387 |
|
|
|
3,825 |
|
|
|
38 |
|
|
Quarterly |
|
November 7, 2023 |
|
December 27, 2023 |
|
January 17, 2024 |
|
|
0.2397 |
|
|
|
9,908 |
|
|
|
4,089 |
|
|
|
41 |
|
|
Special |
|
December 18, 2023 |
|
December 27, 2023 |
|
January 17, 2024 |
|
|
0.1205 |
|
|
|
4,981 |
|
|
|
2,056 |
|
|
|
20 |
|
|
Quarterly |
|
March 20, 2024 |
|
March 29, 2024 |
|
April 10, 2024 |
|
|
0.2371 |
|
|
|
9,809 |
|
|
|
3,461 |
|
|
|
34 |
|
|
Special |
|
March 20, 2024 |
|
March 29, 2024 |
|
April 10, 2024 |
|
|
0.0333 |
|
|
|
1,378 |
|
|
|
486 |
|
|
|
5 |
|
|
Quarterly |
|
May 9, 2024 |
|
June 28, 2024 |
|
July 17, 2024 |
|
|
0.2371 |
|
|
|
9,809 |
|
|
|
3,533 |
|
|
|
35 |
|
|
Special |
|
May 9, 2024 |
|
June 28, 2024 |
|
July 17, 2024 |
|
|
0.0662 |
|
|
|
2,739 |
|
|
|
986 |
|
|
|
10 |
|
|
Quarterly |
|
August 6, 2024 |
|
September 30, 2024 |
|
October 17, 2024 |
|
|
0.2397 |
|
|
|
9,916 |
|
|
|
3,699 |
|
|
|
36 |
|
|
Special |
|
August 6, 2024 |
|
September 30, 2024 |
|
October 17, 2024 |
|
|
0.0638 |
|
|
|
2,639 |
|
|
|
985 |
|
|
|
10 |
|
|
Quarterly |
|
November 6, 2024 |
|
December 31, 2024 |
|
January 17, 2025 |
|
|
0.2392 |
|
|
|
9,911 |
|
|
|
2,282 |
|
|
|
22 |
|
|
Special |
|
November 6, 2024 |
|
December 31, 2024 |
|
January 17, 2025 |
|
|
0.0675 |
|
|
|
2,797 |
|
|
|
644 |
|
|
|
6 |
|
|
Quarterly |
|
March 13, 2025 |
|
March 31, 2025 |
|
April 17, 2025 |
|
|
0.2400 |
|
|
|
9,944 |
|
|
|
2,429 |
|
|
|
23 |
|
|
Special |
|
March 13, 2025 |
|
March 31, 2025 |
|
April 17, 2025 |
|
|
0.0185 |
|
|
|
766 |
|
|
|
187 |
|
|
|
2 |
|
|
Quarterly |
|
May 7, 2025 |
|
June 30, 2025 |
|
July 17, 2025 |
|
|
0.2400 |
|
|
|
9,944 |
|
|
|
2,526 |
|
|
|
24 |
|
|
Special |
|
May 7, 2025 |
|
June 30, 2025 |
|
July 17, 2025 |
|
|
0.0185 |
|
|
|
766 |
|
|
|
195 |
|
|
|
2 |
|
|
Quarterly |
|
August 6, 2025 |
|
September 30, 2025 |
|
October 17, 2025 |
|
|
0.2400 |
|
|
|
9,944 |
|
|
|
2,644 |
|
|
|
24 |
|
|
Special |
|
August 6, 2025 |
|
September 30, 2025 |
|
October 17, 2025 |
|
|
0.0185 |
|
|
|
766 |
|
|
|
204 |
|
|
|
2 |
|
|
Quarterly |
|
November 5, 2025 |
|
December 31, 2025 |
|
January 16, 2026 |
|
|
0.2400 |
|
|
|
9,960 |
|
|
|
899 |
|
|
|
8 |
|
|
Special |
|
November 5, 2025 |
|
December 31, 2025 |
|
January 16, 2026 |
|
|
0.0185 |
|
|
|
768 |
|
|
|
69 |
|
|
|
1 |
|
|
Quarterly |
|
March 12, 2026 |
|
March 31, 2026 |
|
April 24, 2026 |
|
|
0.2300 |
|
|
|
9,545 |
|
|
|
888 |
|
|
|
8 |
|
|
Quarterly |
|
May 7, 2026 |
|
June 30,2026 |
|
July 24, 2026 |
|
|
0.2300 |
|
|
|
9,545 |
|
|
|
931 |
|
|
|
8 |
|
|
Total |
|
|
|
|
|
|
|
|
|
|
$ |
174,524 |
|
|
$ |
51,997 |
|
|
$ |
508 |
|
|
|