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Earnings (Losses) Per Share
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings (Losses) Per Share

3. EARNINGS (LOSSES) PER SHARE

In accordance with the provisions of ASC 260, “Earnings per Share” (“ASC 260”), 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, 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 basic and diluted net increase (decrease) in net assets per share for the years ended December 31, 2024, 2023 and 2022:

 

 

 

For the Year Ended December 31,

 

($ in thousands, except share and per share amounts)

 

2024

 

 

2023

 

 

2022

 

Net increase (decrease) in net assets resulting from operations – basic and diluted

 

$

(5,935

)

 

$

11,381

 

 

$

(20,996

)

Weighted average common stock outstanding – basic and diluted

 

 

9,272,809

 

 

 

9,509,396

 

 

 

9,634,468

 

Net increase (decrease) in net assets per share from operations – basic and diluted

 

$

(0.64

)

 

$

1.20

 

 

$

(2.18

)