Highlights from three months ended September 30, 2025:
NAV of $8.56 million ($0.13/share) at September 30, 2025 compared to $8.58 million ($0.13/share) at June 30, 2025, representing no change on a quarter over quarter per share basis. NAV is calculated as the value of total assets less the value of total liabilities;
Net comprehensive loss of $0.03 million compared to net comprehensive loss of $0.71 million for the quarter ended September 30, 2024 ("Q3/24");
Total gains from investment activity was $0.42 million compared to losses of $0.43 million for Q3/24;
Net realized gains on the sale of portfolio investments of $1.48 million compared to net realized gains of $0.06 million for Q3/24;
Net unrealized losses on portfolio investments of $1.07 million compared to net unrealized losses of $0.50 million for Q3/24;
Total expenses of $0.44 million compared to $0.28 million for Q3/24; and
Operating expenses of $0.14 million compared to $0.26 million for Q3/24.
Highlights from nine months ended September 30, 2025:
NAV of $8.56 million ($0.13/share) at September 30, 2025 compared to $5.51 million ($0.09/share) at December 31, 2024, representing a 44% increase year to date on a per share basis. NAV is calculated as the value of total assets less the value of total liabilities;
Net comprehensive income of $3.03 million for the nine months ended September 30, ...
