v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2026
Investment income:    
Interest income $ 5,929 $ 11,774
Payment-in-kind interest income 54 126
Other income 1 96
Total investment income 5,984 11,996
Operating Expenses:    
Interest expense 1,011 2,078
Administration expense 540 1,079
Income-based incentive fees 270 557
Management fees 637 1,253
Board of directors' fees 19 38
Professional fees 153 328
Custody expense 43 84
Other general and administrative expenses 158 324
Total operating expenses 2,831 5,741
Less: Management fees waived (159) (317)
Less: Income-based incentive fees waived (270) (557)
Net expenses 2,402 4,867
Net investment income (loss) 3,582 7,129
Realized and unrealized (loss) gain on investments:    
Net realized (loss) gain on non-controlled/non-affiliated company investments 0 0
Net change in unrealized (depreciation) appreciation on non-controlled/non-affiliated company investments (1,925) (2,436)
Total net realized and unrealized (loss) gain on investments: (1,925) (2,436)
Net increase (decrease) in net assets resulting from operations 1,657 4,693
Preferred Stock dividends (48) (96)
Net increase (decrease) in net assets resulting from operations applicable to common stockholders $ 1,609 $ 4,597
Per common share information - basic and diluted:    
Net increase (decrease) in net assets resulting from operations per common share (basic and diluted) (in dollars per share) $ 0.08 $ 0.23
Weighted average common shares outstanding (basic and diluted) (in shares) 20,275,916 19,631,116