v3.26.1
Consolidated Statements of Assets and Liabilities (Parenthetical) - USD ($)
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Schedule of Investments [Line Items]    
Cost of Investment $ 1,138,190,995 [1],[2],[3],[4],[5] $ 949,656,720 [6],[7],[8],[9],[10]
Common stock, par value per share $ 0.001 $ 0.001
Common stock, shares authorized Unlimited Unlimited
Common stock, shares issued 22,930,549 18,433,976
Common stock, Shares Outstanding 22,930,549 18,433,976
Credit Facility [Member]    
Schedule of Investments [Line Items]    
Net of deferred financing costs $ 3,310,440 $ 0
Borrowings Under Leverage Facility [Member]    
Schedule of Investments [Line Items]    
Net of deferred financing costs 6,280,800 4,562,245
Non-controlled/non-affiliated [Member]    
Schedule of Investments [Line Items]    
Cost of Investment 1,107,066,424 918,592,383
Affiliated investments [Member]    
Schedule of Investments [Line Items]    
Cost of Investment $ 31,124,571 $ 31,064,337
[1] All investments are exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and may be deemed to be “restricted securities” under the Securities Act.
[2] All securities represent investments in companies based in the United States of America, unless otherwise noted. All of these investments are subject to restrictions as to their resale or transfer.
[3] At June 30, 2026, the cost of investments for income tax purposes was $1,138,190,995, the gross unrealized depreciation for federal tax purposes was $38,233,116, the gross unrealized appreciation for federal income tax purposes was $27,547,777, and the net unrealized depreciation was $10,685,339.
[4] Unless indicated otherwise, all investments are valued using Level 3 inputs within the Financial Accounting Standards Board (“FASB”) Accounting Standard Codification (“ASC”) Topic 820, “Fair Value Measurements and Disclosures” (“ASC 820”) fair value hierarchy. Refer to Note 3 — Investments in the accompanying Notes to Consolidated Financial Statements for additional information.
[5] Unless otherwise indicated, all investments are non-controlled, non-affiliated investments. Non-controlled, non-affiliated investments are defined as investments in which the Audax Private Credit Fund, LLC (the “Fund”) owns less than 5% of the portfolio company’s outstanding voting securities and does not have the power to exercise control over the management or policies of such portfolio company.
[6] All investments are exempt from registration under the Securities Act and may be deemed to be “restricted securities” under the Securities Act.
[7] All securities represent investments in companies based in the United States of America, unless otherwise noted. All of these investments are subject to restrictions as to their resale or transfer.
[8] At December 31, 2025, the cost of investments for income tax purposes was $949,656,720, the gross unrealized depreciation for federal tax purposes was $25,633,371, the gross unrealized appreciation for federal income tax purposes was $25,801,092, and the net unrealized appreciation was $167,721.
[9] Unless indicated otherwise, all investments are valued using Level 3 inputs within the ASC 820 fair value hierarchy. Refer to Note 3 — Investments in the accompanying Notes to Consolidated Financial Statements for additional information.
[10] Unless otherwise indicated, all investments are non-controlled, non-affiliated investments. Non-controlled, non-affiliated investments are defined as investments in which the Fund owns less than 5% of the portfolio company’s outstanding voting securities and does not have the power to exercise control over the management or policies of such portfolio company.