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v3.25.2

Summary of Significant Accounting Policies - Additional Information (Details) | 3 Months Ended | 6 Months Ended | 12 Months Ended |
--- | --- | --- | --- | ---
Jun. 30, 2025 USD ($) | Jun. 30, 2024 USD ($) | Jun. 30, 2025 USD ($) Loan Equipment | Jun. 30, 2024 USD ($) | Dec. 31, 2024 USD ($) Loan Equipment | Dec. 31, 2023 USD ($)
Disclosure Of Summary Of Significant Accounting Policies [Line Items] |  |  |  |  |  |  |  |  |
Fair value of companies investment percentage | 99.20% |  |  | 99.20% |  |  |  |  |
Market index of investment securities |  |  |  | $ 0 |  |  |  |  |
Maturity period description |  |  |  | original maturity of three months or less |  |  |  |  |
Total cash, cash equivalents and restricted cash shown in the Consolidated Statements of Cash Flows | $ 26,251,000 |  | $ 46,102,000 | $ 26,251,000 |  | $ 46,102,000 | $ 9,627,000 |  | $ 4,761,000
Cash and cash equivalents | 26,251,000 | [1],[2] |  | 26,251,000 | [1],[2] |  | 9,627,000 | [3],[4] |
Restricted cash | 0 |  |  | 0 |  |  | $ 0 |  |
Interest income | 1,500,000 |  | 1,500,000 | 3,000,000 |  | 5,500,000 |  |  |
Dividend income | 500,000 |  | $ 300,000 | $ 1,300,000 |  | $ 500,000 |  |  |
Debt security payment due |  |  |  | 90 days |  |  |  |  |
Number of portfolio companies loans | Loan |  |  |  | 3 |  |  | 3 |  |
Number of portfolio companies equipment financing | Equipment |  |  |  | 1 |  |  | 2 |  |
Non accrual cost |  |  |  | $ 47,800,000 |  |  | $ 43,300,000 |  |
Fair value | 15,600,000 |  |  | $ 15,600,000 |  |  | $ 12,700,000 |  |
Fair value of debt investment portfolio |  |  |  | 0.90% |  |  | 0.80% |  |
Debt instrument percentage |  |  |  |  |  |  | 6.00% |  |
Investment percentage |  |  |  | 15.90% |  | 16.40% |  |  |
Percentage of net tax- exempt income |  |  |  | 90.00% |  |  |  |  |
Uncertain tax position |  |  |  | $ 0 |  |  | $ 0 |  |
Nondeductible federal excise tax |  |  |  | 4.00% |  |  |  |  |
Ordinary income percentage |  |  |  | 98.00% |  |  |  |  |
Capital gain net income percentage |  |  |  | 98.20% |  |  |  |  |
Excise tax |  |  |  | 4.00% |  |  |  |  |
Goldman Sachs Financial Square Government Institutional Fund |  |  |  |  |  |  |  |  |
Disclosure Of Summary Of Significant Accounting Policies [Line Items] |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ 2,000,000 |  |  | $ 2,000,000 |  |  | $ 3,800,000 |  |
Minimum |  |  |  |  |  |  |  |  |
Disclosure Of Summary Of Significant Accounting Policies [Line Items] |  |  |  |  |  |  |  |  |
Cash and cash equivalents interest rate |  |  |  | 3.00% |  |  |  |  |
Investment percentage |  |  |  | 90.00% |  |  |  |  |
Maximum |  |  |  |  |  |  |  |  |
Disclosure Of Summary Of Significant Accounting Policies [Line Items] |  |  |  |  |  |  |  |  |
Cash and cash equivalents interest rate |  |  |  | 6.00% |  |  |  |  |
[1] | All debt investments are income producing unless otherwise noted. All equity and warrant investments are non-income producing unless otherwise noted. Equipment financed under our equipment financing investments relates to operational equipment essential to revenue production for the portfolio company in the industry noted.
[2] | All portfolio companies are located in North America or Europe. As of June 30, 2025, Trinity Capital Inc. (the "Company") had eight foreign domiciled portfolio companies, four of which are based in Canada and four of which are based in Europe. In total, these foreign domiciled portfolio investments represent 13.8% of total net asset value based on fair value. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). These investments are generally subject to certain limitations on resale and may be deemed to be “restricted securities” under the Securities Act.
[3] | All debt investments are income producing unless otherwise noted. All equity and warrant investments are non-income producing unless otherwise noted. Equipment financed under our equipment financing investments relates to operational equipment essential to revenue production for the portfolio company in the industry noted.
[4] | All portfolio companies are located in North America or Europe. As of December 31, 2024, Trinity Capital Inc. (the “Company”) had five foreign domiciled portfolio companies, two of which are based in Canada and three of which are based in Europe. In total, these foreign domiciled portfolio investments represent 6.3% of total net asset value based on fair value. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). These investments are generally subject to certain limitations on resale and may be deemed to be “restricted securities” under the Securities Act.

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