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v3.23.2

Consolidated Statements of Changes in Net Assets (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Common Stock Outstanding [Member] |  |  |  |
Balance (in shares) | 28,377,357 | 23,977,137 | 27,753,373 | 21,217,460
Issuance of common stock, net of offering costs (in shares) | 3,698,175 | 868,230 | 4,304,023 | 3,618,401
Issuance of common stock under dividend reinvestment plan (in shares) | 20,727 | 11,737 | 38,863 | 21,243
Balance (in shares) | 32,096,259 | 24,857,104 | 32,096,259 | 24,857,104
Common Stock [Member] |  |  |  |
Balance | $ 30 | $ 25 | $ 29 | $ 22
Issuance of common stock, net of offering costs | 4 | 1 | 5 | 4
Net investment income, net of excise tax | 0 | 0 | 0 | 0
Net realized gain (loss) on investments | 0 | 0 | 0 | 0
Net unrealized appreciation (depreciation) on investments | 0 | 0 | 0 | 0
Issuance of common stock under dividend reinvestment plan | 0 | 0 | 0 | 0
Distributions declared | 0 | 0 | 0 | 0
Net realized gain (loss) on investments | 0 | 0 | 0 | 0
Balance | 34 | 26 | 34 | 26
Additional Paid-in Capital [Member] |  |  |  |
Balance | 393,312 | 339,688 | 385,921 | 301,359
Issuance of common stock, net of offering costs | 43,998 | 10,340 | 51,171 | 48,524
Net investment income, net of excise tax | 0 | 0 | 0 | 0
Net realized gain (loss) on investments | 0 | 0 | 0 | 0
Net unrealized appreciation (depreciation) on investments | 0 | 0 | 0 | 0
Issuance of common stock under dividend reinvestment plan | 251 | 145 | 469 | 290
Distributions declared | 0 | 0 | 0 | 0
Net realized gain (loss) on investments | 0 | 0 | 0 | 0
Balance | 437,561 | 350,173 | 437,561 | 350,173
Retained Earnings [Member] |  |  |  |
Balance | (71,659) | (59,724) | (67,502) | (56,046)
Issuance of common stock, net of offering costs | 0 | 0 | 0 | 0
Net investment income, net of excise tax | 16,073 | 8,582 | 29,084 | 14,311
Net realized gain (loss) on investments | (16,529) | (929) | (16,697) | (899)
Net unrealized appreciation (depreciation) on investments | 608 | (36) | (6,929) | (2,273)
Issuance of common stock under dividend reinvestment plan | 0 | 0 | 0 | 0
Distributions declared | (10,669) | (7,487) | (20,132) | (14,687)
Net realized gain (loss) on investments | (16,529) | (929) | (16,697) | (899)
Balance | (82,176) | (59,594) | (82,176) | (59,594)
Balance | 321,683 | 279,989 | 318,448 | 245,335
Issuance of common stock, net of offering costs | 44,002 | 10,341 | 51,176 | 48,528
Net investment income, net of excise tax | 16,073 | 8,582 | 29,084 | 14,311
Net realized gain (loss) on investments | (16,529) | (929) | (16,697) | (899)
Net unrealized appreciation (depreciation) on investments | 608 | (36) | (6,929) | (2,273)
Issuance of common stock under dividend reinvestment plan | 251 | 145 | 469 | 290
Distributions declared | (10,669) | (7,487) | (20,132) | (14,687)
Net realized gain (loss) on investments | (16,529) | (929) | (16,697) | (899)
Balance | $ 355,419 | $ 290,605 | $ 355,419 | $ 290,605

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