For the Nine Months Ended September 30, 2025

($ in thousands)

Common
Stock

Capital in
Excess
of Par Value

Total
Distributable
(loss) earnings

Total
Stockholders'
Equity

Balance, December 31, 2024

$

92

$

714,331

$

(535,930

)

$

178,493

Net investment income

—

—

4,340

4,340

Net change in unrealized appreciation (depreciation) on investments

—

—

(3,903

)

(3,903

)

Net realized gains (losses) from investment transactions and extinguishment of debt

—

—

(173

)

(173

)

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

—

—

(346

)

(346

)

Distributions to Stockholders

—

—

(4,967

)

(4,967

)

Reinvested Dividends

—

67

—

67

Balance, March 31, 2025

$

92

$

714,398

$

(540,979

)

$

173,511

Net investment income

$

—

$

—

$

4,557

$

4,557

Net change in unrealized appreciation (depreciation) on investments

—

—

6,628

6,628

Net realized gains (losses) from investment transactions and extinguishment of debt

—

—

(15,840

)

(15,840

)

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

—

—

137

137

Distributions to Stockholders

—

—

(4,325

)

(4,325

)

Reinvested Dividends

—

61

—

61

Balance, June 30, 2025

$

92

$

714,459

$

(549,822

)

$

164,729

Net investment income

$

—

$

—

$

8,848

$

8,848

Net change in unrealized appreciation (depreciation) on investments

—

—

15,525

15,525

Net realized gains (losses) from investment transactions and extinguishment of debt

—

—

(2,678

)

(2,678

)

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

—

—

1,935

1,935

Distributions to stockholders

—

—

(6,464

)

(6,464

)

Stock issued under dividend reinvestment plan

—

63

—

63

Issuance of common shares in connection with the LRFC Acquisition

40

49,556

—

49,596

Stock repurchases

—

(250

)

—

(250

)

Balance, September 30, 2025

$

132

$

763,828

$

(532,656

)

$

231,304