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Earnings Per Share
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share

8. Earnings Per Share

In accordance with ASC 260, Earnings per Share, basic earnings per share is computed by dividing earnings available to common shareholders by the weighted average number of shares outstanding during the period. Other potentially dilutive common shares, if any, and the related impact to earnings, are considered when calculating earnings per share on a diluted basis. The following information sets forth the computation of the net increase (decrease) in net assets per share resulting from operations for three and nine months ended September 30, 2025 and 2024:

 

 

 

Three Months Ended
 September 30,

 

 

Nine Months Ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net increase (decrease) in net assets from operations

 

$

24,369,712

 

 

$

21,632,960

 

 

$

29,357,716

 

 

$

(24,586,416

)

Weighted average shares outstanding

 

 

85,034,351

 

 

 

85,591,134

 

 

 

85,051,475

 

 

 

77,772,017

 

Earnings (loss) per share

 

$

0.29

 

 

$

0.25

 

 

$

0.35

 

 

$

(0.32

)