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Earnings Per Share
 12 Months Ended
Dec. 31, 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 in net assets per share resulting from operations for the years ended December 31, 2025, 2024 and 2023:

 

 

 

Year Ended December 31,

 

 

 

 

2025

 

 

2024

 

 

2023

 

 

Net increase (decrease) in net assets from operations

 

$

(88,931,013

)

 

$

(63,137,172

)

 

$

38,474,432

 

 

Weighted average shares outstanding

 

 

84,988,524

 

 

 

79,670,868

 

 

 

57,767,264

 

 

Earnings (loss) per share

 

$

(1.05

)

 

$

(0.79

)

 

$

0.67