v3.26.1
Consolidated Statement of Operations (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2026
Investment income    
Interest income $ 5,170 $ 9,781
Payment-in-kind interest income 213 436
Dividend income 22 56
Fee income 10 18
Total investment income 5,415 10,291
Expenses    
Interest and other debt financing expenses 1,988 3,701
Base management fee 357 703
Incentive fee 302 532
Administrative service fee 59 77
Professional fees 562 1,137
Organization expenses 0 1,411
General and administrative expenses 31 79
Distribution and shareholder servicing fees 243 480
Total expenses 3,542 8,120
Expense support (Note 3) (285) (2,032)
Net expenses 3,257 6,088
Net investment income - before tax 2,158 4,203
Income tax 0 9
Net investment income - after tax 2,158 4,194
Net realized gain (loss) from:    
Foreign currency transactions 0 (66)
Realized gain (loss) on forward currency contracts recognized in income 19 19
Net realized gain (loss) on investment transactions 19 (47)
Net change in unrealized appreciation (depreciation) from:    
Non-controlled/non-affiliate company investments 204 (3,891)
Forward currency contracts 41 234
Translation of assets and liabilities in foreign currencies (106) (232)
Net change in unrealized appreciation (depreciation) on investment transactions 139 (3,889)
Net gain (loss) on investment transactions 158 (3,936)
Net increase (decrease) in net assets resulting from operations $ 2,316 $ 258
Per Common Share Data    
Basic weighted average common shares outstanding (in shares) 4,786,877 4,629,881
Diluted weighted average common shares outstanding (in shares) 4,786,877 4,629,881
Basic earnings (loss) per common share (in dollars per share) $ 0.48 $ 0.06
Diluted earnings (loss) per common share (in dollars per share) $ 0.48 $ 0.06