In accordance with the provisions of ASC Topic 260, Earnings per Share (“ASC 260”), basic earnings per share is computed by dividing earnings available to common stockholders by the weighted average number of shares outstanding during the period. Other potentially dilutive common shares, and the related impact to earnings, are considered when calculating earnings per share on a diluted basis. As of each of September 30, 2026 and September 30, 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 nine months ended September 30, 2026 and September 30, 2025:


	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2026		2025		2026			2025
Net increase (decrease) in net assets resulting from operations	$	14,007,567	$	3,353,424	$	(14,779,215	)	$	2,134,189
Weighted average shares of common stock outstanding - basic and diluted		30,540,075		32,084,902		30,907,327			32,343,757
Earnings (loss) per share of common stock - basic and diluted	$	0.46	$	0.10	$	(0.48	)	$	0.07