v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
INVESTMENT INCOME:        
Interest income from non-controlled/non-affiliated investments $ 4,533 $ 2,670 $ 8,873 $ 5,141
Fee income from non-controlled/non-affiliated investments 274 71 562 93
Total investment income 4,807 2,741 9,435 5,234
EXPENSES:        
Origination fees 152 148 302 209
Management fees 598 337 1,158 643
Incentive fees 430 189 807 515
Contingent incentive fees 66 96 191 122
Organizational costs 0 55 0 55
Offering Fees 46 0 207 0
Professional fees 444 170 900 219
Directors' fees 56 0 107 0
Interest expense and other debt financing costs 1,320 486 2,606 877
Other expenses 32 258 119 312
Total expenses 3,144 1,739 6,397 2,952
NET INVESTMENT INCOME 1,663 1,002 3,038 2,282
Net realized gain/(loss) from investments 0 290 16 290
Net change in unrealized appreciation/(depreciation) from investments 63 258 55 319
NET INCREASE/(DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS $ 1,726 $ 1,550 $ 3,109 $ 2,891
NET CHANGE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - BASIC (in dollars per share) $ 0.28 $ 0 $ 0.51 $ 0
NET CHANGE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE - DILUTED (in dollars per share) $ 0.28 $ 0 $ 0.51 $ 0
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares) 6,082,510 0 6,054,150 0
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (in shares) 6,082,510 0 6,054,150 0