v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest income paid-in-kind $ 512 $ 1,345 $ 2,203 $ 2,866
Total investment income 3,151 5,868 6,036 9,030
Interest expense on repurchase transactions 772 1,080 1,761 2,178
Management fees 483 796 1,207 1,653
Interest and credit facility expenses 490 1,594 1,174 3,142
Professional fees 161 133 254 221
Administrative fees 100 111 205 221
Directors’ fees 87 90 146 158
Other expenses 30 25 87 80
Total expenses 2,123 3,829 4,834 7,653
Expenses waived by the Adviser (483) (796) (1,207) (1,653)
Net expenses 1,640 3,033 3,627 6,000
Net investment income 1,511 2,835 2,409 3,030
Net realized loss     (135,751) (32,894)
Net change in unrealized appreciation/(depreciation)     96,566 27,918
Net realized gain on short-term investments 733 985 1,612 2,033
Net realized and unrealized loss on investments (21,745) (11,532) (37,573) (2,943)
Net (decrease) increase in Members' Capital from operations $ (20,234) $ (8,697) $ (35,164) $ 87
(Loss) income per unit, basic $ (1.12) $ (0.48) $ (1.95) $ 0
(Loss) income per unit, diluted $ (1.12) $ (0.48) $ (1.95) $ 0
Units outstanding, basic 18,034,649 18,034,649 18,034,649 18,034,649
Units outstanding, diluted 18,034,649 18,034,649 18,034,649 18,034,649
Non-Controlled/Non-Affiliated Investments        
Interest income $ 306 $ 957 $ 1,157 $ 1,833
Interest income paid-in-kind 9 26 35 72
Other fee income 68 26 99 26
Net change in unrealized appreciation/(depreciation) 27 536 497 894
Non-Controlled Affiliated Investments        
Interest income 0 0 0 6
Interest income paid-in-kind 0 0 0 30
Net realized loss 0 0 0 (32,894)
Net change in unrealized appreciation/(depreciation) 0 0 0 29,467
Controlled Affiliated Investments        
Interest income 2,265 980 2,577 1,739
Interest income paid-in-kind 503 1,319 2,168 2,764
Dividend income 0 2,560 0 2,560
Net realized loss 0 0 (135,751) 0
Net change in unrealized appreciation/(depreciation) $ (22,505) $ (13,053) $ 96,069 $ (2,443)