Three Months Ended March 31,

($ in thousands)

2025

2024

Net increase (decrease) in net assets resulting from operations

$

(82

)

$

4,486

Tax (benefit) provision on realized and unrealized gains (losses) on investments

346

(459

)

Net change in unrealized (appreciation) depreciation on investments

3,903

(71

)

Net realized (gain) loss

173

2,270

Book/tax differences on CLO equity investments

144

(164

)

Book/tax differences related to mergers and partnership investments

(16

)

622

Other book/tax differences

246

127

Taxable income before deductions for distributions

$

4,714

$

6,811

Taxable income before deductions for distributions per weighted
   average basic and diluted shares for the period

$

0.51

$

0.73