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Note 5 - Transactions With Affiliated Companies

9 Months Ended

Sep. 30, 2022

Investments in and Advances to Affiliates, Schedule of Investments [Text Block]

Note 5. Transactions with affiliated companies

A non-controlled affiliated company is generally a portfolio company in which the Company owns 5% or more of such portfolio company’s voting securities but not more than 25% of such portfolio company’s voting securities.

For the three and nine months ended September 30, 2022, there were no transactions related to investments in non-controlled affiliated companies.

Transactions related to investments in non-controlled affiliated companies for the year ended December 31, 2021 were as follows:

					Year ended December 31, 2021
	*Fair value at*							*Transfers*					*Net*						*Fair value at*
Portfolio	*December 31,*				*Principal*			*in/(out) at*			*Discount*		*unrealized*			*Net realized*			*December 31,*		*Interest*
Company	*2020*		*Purchases*		*Payments*			*fair value*			*accretion*		*gain/(loss)*			*gain/(loss)*			*2021*		*income*
	(In thousands)
Decisyon, Inc. (1)	$	1,181	$	—	$	—		$	(1,181	)	$	—	$	—		$	—		$	—	$	41
		626		—		—			(638	)		12		—			—			—		21
		227		—		—			(227	)		—		—			—			—		7
		228		—		—			(228	)		—		—			—			—		7
		685		—		—			(685	)		—		—			—			—		22
		276		—		—			(276	)		—		—			—			—		9
		183		—		—			(183	)		—		—			—			—		6
		120		—		—			(120	)		—		—			—			—		—
MVI (ABC) LLC fka StereoVision, Inc.		2,382		—		(2,783	)		—			—		—			401			—		139
		—		250		(250	)		—			—		—			—			—		—
		—		70		(70	)		—			—		—			—			—		—
		—		330		(330	)		—			—		—						—		—
		—		150		(150	)		—			—		—			—			—		—
		1,639		—		—			—			—		(848	)		(791	)		—		—
Total non-controlled affiliates	$	7,547	$	800	$	(3,583	)	$	(3,538	)	$	12	$	(848	)	$	(390	)	$	—	$	252

(1) As of December 31, 2021, the Company no longer owns 5% or more of the portfolio company.

A controlled affiliated company is generally a portfolio company in which the Company owns more than 25% of such portfolio company’s voting securities or has the power to exercise control over management or policies of such portfolio company (including through a management agreement). Transactions related to investments in controlled affiliated companies for the nine months ended September 30, 2022 were as follows:

					*Nine months ended September 30, 2022*

	*Fair value at*							*Transfers*				*Net*					*Fair value at*
Portfolio	*December 31,*							*in/(out) at*		*Dividends*		*unrealized*		*Net realized*			*September 30,*		*Dividend*
Company	*2021*		*Purchases*		*Sales*			*fair value*		*declared*		*gain/(loss)*		*gain/(loss)*			*2021*		*income*
	(In thousands)
HESP LLC		—		—		(300	)		—		—		1,450		(1,150	)		—		—
Total controlled affiliates	$	—	$	—	$	(300	)	$	—	$	—	$	1,450	$	(1,150	)	$	—	$	—

Transactions related to investments in controlled affiliated companies for the year ended December 31, 2021 were as follows:

					Year ended December 31, 2021

	*Fair value at*							*Transfers*				*Net*					*Fair value at*
Portfolio	*December 31,*							*in/(out) at*		*Dividends*		*unrealized*			*Net realized*		*December 31,*		*Dividend*
Company	*2020*		*Purchases*		*Sales*			*fair value*		*declared*		*gain/(loss)*			*gain/(loss)*		*2021*		*income*
	(In thousands)
HESP LLC		1,500		—		(50	)		—		—		(1,450	)		—		—		—
Total controlled affiliates	$	1,500	$	—	$	(50	)	$	—	$	—	$	(1,450	)	$	—	$	—	$	—