v3.26.1
Earnings Per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share

8. Earnings Per Share

 

In accordance with the provisions of ASC Topic 260, “Earnings per Share” (“ASC 260”), basic and diluted net increase in net assets resulting from operations per common share is computed by dividing the net increase (decrease) in net assets resulting from operations by the weighted average number of shares outstanding during the period. Other potentially dilutive common shares, and the related impact on earnings, are considered when calculating earnings per share on a diluted basis. As of both June 30, 2026 and 2025, there were no dilutive shares.

 

The following table sets forth the computation of basic and diluted earnings per common share for the three and six months ended June 30, 2026 and 2025:

 

   For the Three Months
Ended June 30,
   For the Six Months
Ended June 30,
 
   2026   2025   2026   2025 
Net increase in net assets resulting from operations  $2,319,791   $1,717,229   $2,755,635   $3,254,542 
Weighted average shares of common stock outstanding—basic and diluted   99,761.43    94,432.56    97,295.29    94,378.02 
Basic and diluted net increase (decrease) in net assets resulting from operations per common share  $23.25   $18.18   $28.32   $34.48