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COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Unused Commitments to Extend Credit
The balances of unfunded debt commitments as of June 30, 2025 and March 31, 2025 were as follows (amounts in thousands):
June 30,March 31,
Portfolio Company20252025
Revolving Loans
360 Quote TopCo, LLC$2,404 $— 
Air Conditioning Specialist, Inc.1,910 1,910 
Apple Roofing Administrative Services, LLC (fka Roof OpCo, LLC)3,056 3,056 
ArborWorks, LLC1,082 1,116 
ATS Operating, LLC1,140 890 
Bond Brand Loyalty ULC1,200 1,200 
BP Loenbro Holdings Inc.1,321 1,321 
Brandner Design, LLC900 900 
Burning Glass Intermediate Holding Company, Inc.79 296 
Campany Roof Maintenance, LLC1,064 1,064 
Catbird NYC, LLC4,000 4,000 
Cavalier Buyer, Inc.— 2,000 
CDC Dental Management Co., LLC2,000 1,500 
Central Medical Supply LLC750 1,050 
Cumbria Capital MSO, LLC1,500 1,100 
Damotech Inc.3,000 3,000 
Drive Line Service of Portland, LLC2,000 2,000 
Edge Autonomy Holdings, LLC— 4,000 
Exact Borrower, LLC2,500 2,500 
FS Vector LLC4,000 4,000 
GPT Industries, LLC3,000 3,000 
GrammaTech, Inc.1,000 1,000 
Gravitiq LLC5,000 5,000 
Gulf Pacific Acquisition, LLC151 303 
Ignite Visibility LLC3,000 1,500 
Institutes of Health, LLC1,000 1,000 
ISI Enterprises, LLC2,000 2,000 
Island Pump and Tank, LLC2,087 3,479 
iVueit, LLC750 1,000 
LEHR Upfitters, LLC2,623 2,623 
LGM Pharma LLC1,500 1,500 
Lighting Retrofit International, LLC2,083 1,354 
Lightning Intermediate II, LLC1,852 1,852 
June 30,March 31,
Portfolio Company20252025
LKC Technologies, Inc.2,000 2,000 
Main Line Brands LLC2,000 — 
Mammoth BorrowCo, Inc.900 200 
Microbe Formulas LLC1,627 1,627 
Mid-Florida Endodontics Management Company, LLC3,000 3,000 
Mission Critical Group, LLC1,902 — 
Musiker Discovery Programs, Inc.3,000 2,000 
NeuroPsychiatric Hospitals, LLC2,000 2,000 
New Skinny Mixes, LLC2,000 3,000 
NinjaTrader, Inc.— 2,500 
Pipeline Technique Ltd.944 944 
Pool Service Partners, Inc.2,000 2,000 
Red Dog Operations Holding Company LLC2,000 2,000 
Revo Brands, Inc.3,600 4,300 
Roseland Management, LLC2,000 2,000 
ServerLIFT, LLC4,000 4,000 
SocialSEO, LLC2,300 2,200 
Spotlight AR, LLC2,000 2,000 
Superior Health Parent LLC2,000 2,000 
Swensons Drive-In Restaurants, LLC1,500 1,500 
The Gobel Group, LLC1,000 1,000 
TMT BHC Buyer, Inc.4,717 4,717 
Tru Fragrance & Beauty LLC2,200 4,000 
VP Move Purchaser, Inc.4,200 3,900 
Wash & Wax Systems LLC430 — 
Well-Foam, Inc.4,500 4,500 
Winter Services Operations, LLC6,667 1,333 
Zenfolio Inc.500 1,500 
Total Revolving Loans124,939 122,735 
Delayed Draw Term Loans
AAC New Holdco Inc.47 — 
Air Conditioning Specialist Inc.1,320 3,229 
BP Loenbro Holdings Inc.358 1,101 
Central Medical Supply LLC— 1,400 
Crafty Apes, LLC924 924 
Cumbria Capital MSO, LLC950 950 
Enstoa, Inc.10,671 — 
Exact Borrower, LLC2,200 2,200 
Ignite Visibility LLC4,500 — 
ITA Holdings Group, LLC15,863 — 
iVueit, LLC10,000 10,000 
KMS, LLC2,286 2,286 
LEHR Upfitters, LLC2,449 5,247 
Mid-Florida Endodontics Management Company, LLC10,000 10,000 
June 30,March 31,
Portfolio Company20252025
Mission Critical Group, LLC4,565 — 
Musiker Discovery Programs, Inc.7,500 7,500 
One Group, LLC545545 
Pool Service Partners, Inc.6,100 6,100 
Superior Health Parent LLC10,000 10,000 
SureKap, LLC7,222 7,222 
TMT BHC Buyer, Inc.— 5,000 
Total Delayed Draw Term Loans97,500 73,704 
Other
Broad Sky Networks, LLC — 57 
Spectrum of Hope, LLC— 411 
Total Other— 468 
Total Unfunded Debt Commitments$222,439 $196,907 
The balances of unfunded equity commitments as of June 30, 2025 and March 31, 2025 were as follows (amounts in thousands):

June 30, 2025March 31, 2025
Unfunded Equity Commitments
Catbird NYC, LLC$125 $125 
Infolinks Media Buyco, LLC411 411 
Total Unfunded Equity Commitments$536 $536 
Schedule of Unfunded Debt
The following table provides additional information regarding the expiration year of the Company’s unfunded debt commitments (amounts in thousands):
June 30, 2025March 31, 2025
Unfunded Debt Commitments
Expiring during fiscal year ending:
2026$34,866 $31,354 
202790,682 70,235 
202817,111 16,420 
202939,907 42,986 
203033,971 33,912 
20315,902 2,000 
Total Unfunded Debt Commitments$222,439 $196,907 
Schedule of Future Minimum Payments
The following table shows future minimum payments under the Company's operating leases as of June 30, 2025 (in thousands):

Year ending March 31, Rent Commitment
2026$525 
2027715 
2028733 
2029752 
2030771 
Thereafter4,988 
Total$8,484