Earnings Per Share

12 Months Ended

Dec. 31, 2022

Note 10. Earnings 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 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. As of December 31, 2022 and 2021, there are no dilutive shares.

The following table sets forth the computation of the weighted average basic and diluted net increase in net assets per share from operations for the following periods (in thousands):


	For the years ended,
	2022		2021		2020

Net increase (decrease) in net assets resulting from operations	$	15,544	$	83,633	$	54,672
Weighted average common shares outstanding		30,887,360		28,477,771		27,681,757
Net increase (decrease) in net assets resulting from operations per common share-basic and diluted	$	0.50	$	2.94	$	1.98