| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Interest income | $31.3M-39.8% | $52.0M-26.0% | $70.3M-13.8% | $81.5M+113.7% | $38.1M+626.5% | $5.3M |
| Interest expense | -$6.8M-6.7% | -$6.3M+0.3% | -$6.4M+6.7% | -$6.8M-504.7% | -$1.1M | $0 |
| Net interest income | $24.6M-46.2% | $45.7M-28.6% | $63.9M-14.4% | $74.7M+101.8% | $37.0M+605.0% | $5.3M |
| Management and incentive fees, net (less rebate of $854,432 and $947,969, respectively) | $2.9M-71.7% | $10.4M-26.3% | $14.1M-10.8% | $15.8M+89.5% | $8.3M+2184.9% | $364K |
| General and administrative expenses | $3.2M-18.6% | $4.0M-20.7% | $5.0M+6.5% | $4.7M+46.3% | $3.2M+309.3% | $785K |
| Stock-based compensation | $6.8M+391.8% | $1.4M+38.0% | $1.0M-24.7% | $1.3M-23.3% | $1.7M | $0 |
| Professional fees | $1.5M-7.2% | $1.6M+5.8% | $1.5M-7.7% | $1.6M+43.3% | $1.1M+82.1% | $614K |
| BDC conversion expenses | $1.2M | $0 | — | — | — | — |
| Total expenses | $15.7M-9.2% | $17.3M-19.8% | $21.6M-7.9% | $23.4M+62.6% | $14.4M+505.1% | $2.4M |
| Provision for current expected credit losses | -$22.6M-442.9% | -$4.2M+65.7% | -$12.1M-8.5% | -$11.2M-321.9% | -$2.6M-469.3% | -$465K |
| Realized losses on investments, net | $0+100.0% | -$93K+93.0% | -$1.3M-397.9% | $450K+0.0% | $450K+30.4% | $345K |
| Gain on extinguishment of debt | $359K | $0-100.0% | $2.0M | $0 | — | — |
| Change in unrealized losses on loans at fair value, net | -$7.9M+19.1% | -$9.8M-15.2% | -$8.5M-136.9% | -$3.6M-679.7% | $620K-60.4% | $1.6M |
| Net (loss) income from continuing operations before income taxes | -$21.3M-248.8% | $14.3M-36.1% | $22.4M-39.5% | $37.0M+75.7% | $21.0M+387.7% | $4.3M |
| Income tax (benefit) expense | -$613K-237.0% | $448K-73.0% | $1.7M+61.7% | $1.0M+2818.4% | $35K | $0 |
| Net (loss) income from continuing operations | -$20.7M-249.1% | $13.9M-33.1% | $20.7M | — | — | — |
| Net income from discontinued operations, net of tax | $0-100.0% | $2.9M+1145.4% | $235K | — | — | — |
| Net (loss) income | -$20.7M-223.2% | $16.8M-19.9% | $21.0M | — | — | — |
| Continuing operations (in dollars per share) | -$0.95-248.4% | $0.64-36.6% | $1.01 | — | — | — |
| Discontinued operations (in dollars per share) | $0.00-100.0% | $0.14+1300.0% | $0.01 | — | — | — |
| Total basic earnings per common share (in dollars per share) | -$0.95-221.8% | $0.78-23.5% | $1.02-43.3% | $1.80+14.6% | $1.57+106.6% | $0.76 |
| Total diluted earnings per common share (in dollars per share) | -$0.95-221.8% | $0.78-23.5% | $1.02-43.0% | $1.79+17.8% | $1.52+100.0% | $0.76 |
| Basic weighted average shares of common stock outstanding (in shares) | 22.2M+6.8% | 20.8M+2.5% | 20.3M+2.4% | 19.8M+48.4% | 13.4M+134.9% | 5.7M |
| Diluted weighted average shares of common stock outstanding (in shares) | 22.3M+6.7% | 20.9M+2.7% | 20.3M+1.9% | 20.0M+44.5% | 13.8M+142.5% | 5.7M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.