v3.26.1
Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Cash flow from operating activities  
Net increase (decrease) in net assets resulting from operations $ 4,693
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:  
Accrued interest and dividends received in-kind (126)
Net accretion of discount and amortization of premium (315)
Proceeds from sale of investments and principal repayments 37,102
Purchases of investments (40,721)
Net change in unrealized (appreciation) depreciation on investments 2,436
Amortization of deferred financing costs 295
Changes in operating assets and liabilities:  
Interest and dividends receivable (15)
Management fees payable (31)
Prepaid expenses and other assets 119
Interest payable (173)
Accrued professional fees (275)
Accrued expenses and other liabilities (86)
Net cash provided by (used in) operating activities 2,903
Cash flow from financing activities  
Proceeds from issuance of shares 29,221
Borrowings under credit facility 37,700
Debt repayments under credit facility (63,200)
Subscriptions received in advance (3,043)
Dividends paid (6,879)
Net cash provided by (used in) financing activities (6,201)
Net decrease in cash and cash equivalents and restricted cash (3,298)
Cash and cash equivalents and restricted cash, beginning of period 14,564
Cash and cash equivalents and restricted cash, end of period 11,266
Supplemental disclosure of cash flow information and non-cash financing activities  
Dividends payable 3,582
Reinvestment of shareholder distributions 101
Cash interest paid 1,790
Cash and cash equivalents 6,959
Restricted cash 4,307
Total Cash and cash equivalents and restricted cash shown on the Consolidated Statement of Cash Flows $ 11,266