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 in net assets resulting from operations by the weighted average number of shares outstanding during the period. The methodology for the weighted average number of shares outstanding during the period utilizes the weighted average number of shares from the beginning of the period through the end of the period. Other potentially dilutive shares of Common Stock, and the related impact to earnings, are considered when calculating earnings per share on a diluted basis. For the three and six months ended June 30, 2026 and 2025, there were no dilutive shares.

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


($ in thousands, except share and per share information)	Three Months Ended June 30, 2026		Three Months Ended June 30, 2025		Six Months Ended June 30, 2026		Six Months Ended June 30, 2025
Net increase (decrease) in net assets resulting from operations	$	24,585	$	33,112	$	35,045	$	63,153
Weighted average shares of common stock outstanding - basic and diluted		70,716,298		63,498,105		69,907,796		63,278,474
Basic and diluted net increase (decrease) in net assets resulting from operations per share of common stock	$	0.35	$	0.52	$	0.50	$	1.00

Note 11. Earnings Per Share