Earnings Per Share

6 Months Ended

Jun. 30, 2024

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 June 30, 2024 and December 31, 2023, 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 three months ended June 30,				For the six months ended June 30,
	2024		2023		2024		2023

Net increase (decrease) in net assets resulting from operations	$	20,385	$	22,580	$	48,390	$	30,357
Weighted average common shares outstanding		37,061,547		37,061,547		37,061,547		34,776,074
Net increase (decrease) in net assets resulting from operations per common share-basic and diluted	$	0.55	$	0.61	$	1.31	$	0.87