Debt (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Summary of Outstanding Debt Obligations

The Company’s outstanding debt obligations as of March 31, 2025 and December 31, 2024 were as follows:

	March 31, 2025
	Aggregate Principal Amount Committed		Outstanding Principal		Carrying Value		Amount Available(1)
Credit Facility	$	150,000	$	47,600	$	47,600	$	102,400
Total Debt	$	150,000	$	47,600	$	47,600	$	102,400

(1)The amount available may be subject to limitations related to the Credit Facility's borrowing base.

	December 31, 2024(1)
	Aggregate Principal Amount Committed		Outstanding Principal		Carrying Value		Amount Available
Credit Facility	$	—	$	—	$	—	$	—
Total Debt	$	—	$	—	$	—	$	—

(1)The Company did not have any outstanding debt as of December 31, 2024.

Schedule of Components of Interest Expense

For the three months ended March 31, 2025 and 2024, the components of interest expense were as follows:

	Three Months Ended			Three Months Ended
	March 31, 2025			March 31, 2024(2)
Interest expense	$	301		$	—
Commitment fees		80			—
Amortization of deferred financing costs		176			—
Total Interest Expense	$	557		$	—
Average debt outstanding(1)	$	23,383		$	—
Weighted average interest rate (1)		6.6	%		0.0	%

(1)For the three months ended March 31, 2025, average debt outstanding and weighted average interest rate were computed from the initial drawdown on the Credit Facility on January 21, 2025.

(2)The Company did not have any outstanding debt as of or for the three months ended March 31, 2024.