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Net Change in Net Assets Resulting from Operations Per Share
 12 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Net Change in Net Assets Resulting from Operations Per Share

Note 9. Net Change in Net Assets Resulting from Operations Per Share

Basic earnings per share is computed by dividing earnings available to common stockholders 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 table sets forth the computation of the weighted average basic and diluted net increase in net assets per share from operations:

 

 

Six Months Ended December 31,

 

Twelve Months Ended June 30,

Basic and Diluted Net Increase (Decrease) in Net Assets Per Share:

 

2024

 

2024

 

2023

 

2022

Net increase (decrease) in net assets resulting from operations

 

$6,042,089

 

$(4,092,470)

 

$3,234,503

 

$2,586,630

Weighted average shares of common stock outstanding

 

14,404,510

 

14,396,201

 

14,389,163

 

14,304,641

Basic/diluted net increase (decrease) in net assets from operations per share

 

$0.42

 

$(0.28)

 

$0.22

 

$0.18