Commitments: The Company had outstanding commitments to portfolio companies to fund various undrawn revolving loans, other debt investments and capital commitments totaling $36,918 and $37,181 as of June 30, 2026 and December 31, 2025, respectively. Such outstanding commitments are summarized in the following table:


	June 30, 2026				December 31, 2025
	Total		Unfunded		Total			Unfunded
Portfolio Company - Investment	Commitment		Commitment		Commitment			Commitment
Acendre Midco, Inc. - Revolving Loan	$	1,000	$	—	$	1,000		$	—
Acorn VMS Holdco, LP (dba Oakline Holdings) - Revolving Loan		400		400		—			—
Ad Info Parent, Inc. (dba MediaRadar) - Revolving Loan		1,442		1,442		1,442			1,195
Air Burners, Inc. - Common Equity		1,000		200		1,000			200
Axis Medical Technologies LLC (dba MoveMedical) - Revolving Loan		800		800		800			800
BPCP Dcom, Inc. - First Lien Debt		7,500		7,500		—			—
BPCP Dcom, Inc. - First Lien Debt		2,250		2,250		—			—
Bobcat of Connecticut, LLC - Common Equity		250		184		250	—		250
Detechtion Holdings, LLC - First Lien Debt		1,250		—		1,250			—
Detechtion Holdings, LLC - Revolving Loan		1,000		1,000		1,000			1,000
Enterprise Asset Management FM Purchaser, Inc. (dba MCIM) - First Lien Debt		3,000		1,500		3,000			3,000
Fishbowl Solutions, LLC - Revolving Loan		3,000		3,000		3,000			3,000
GMP HVAC, LLC (dba McGee Heating & Air, LLC) - Delayed Draw Term Loan		3,591		3,298		—			—
KG Lawn Care, Inc. (dba King Green) - First Lien Debt		—		—		2,500			2,500
Laboratory Testing, LLC - Revolving Loan		4,000		3,427		4,000			3,427
Mayesh Wholesale Florist, LLC - First Lien Debt		—		—		2,000			2,000
NWS Technologies, LLC - First Lien Debt		1,900		673		1,900			1,140
PayEntry Financial Services, Inc. (dba Payentry) - Second Lien (DDTL B)		1,563		1,563		1,563			1,563
PayEntry Financial Services, Inc. (dba Payentry) - Second Lien (DDTL B)		1,563		1,563		1,563			1,563
PIPCO, LLC - Revolving Loan		—		—		3,000			3,000
Pronto Plumbing & Drain, Inc. - Revolving Loan		500		500		500			500
Tedia Company, LLC - Revolving Loan		2,250		1,750		2,250			1,750
Thrust Flight LLC - First Lien Debt		1,818		1,818		1,818			1,818
True Environmental Inc. - First Lien Debt		—		—		3,375			3,375
VMS MSO, LLC (dba Vytal Health Partners) - Revolving Loan		1,500		1,500		1,500			1,500
W50 Holdings, LLC - Preferred Equity		1,000		100		1,000			100
Waterworks Solutions Acquisition, Inc. (dba CITCO Water) - First Lien Debt		3,500		2,450		3,500			3,500
Total	$	46,077	$	36,918	$	43,211		$	37,181

Additional detail for each of the commitments above is provided in the Company’s consolidated schedules of investments. As of June 30, 2026 and December 31, 2025, the Company had sufficient liquidity coverage to satisfy these unfunded commitments. Cash and cash equivalents were $37,599 and $69,995 and available borrowings, subject to borrowing base restrictions, under the SPV Credit Facility were $112,350 and $141,150 as of June 30, 2026 and December 31, 2025, respectively.

The commitments are generally subject to the borrowers meeting certain criteria such as compliance with financial and non-financial covenants, which may limit such borrower's ability to draw on a revolving loan or delayed draw loan. Since commitments may expire without being drawn upon, the total commitment amount does not necessarily represent future cash requirements.

Indemnifications: In the normal course of business, the Company enters into contracts and agreements that contain a variety of representations and warranties that provide indemnifications under certain circumstances. In addition, in connection with the disposition of an investment in a portfolio company, the Company may be required to make representations about the business and financial affairs of such portfolio company typical of those made in connection with the sale of a business. The Company may also be required to indemnify the purchasers of such investment to the extent that any such representations are inaccurate. The Company’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Company that have not yet occurred. The Company expects the risk of future obligation under these indemnifications to be remote.

Legal proceedings: In the normal course of business, the Company may be subject to legal and regulatory proceedings that are generally incidental to its ongoing operations. While the outcome of any such legal proceedings cannot be predicted with certainty, the Company does not believe any such legal proceedings will have a material adverse effect on the Company’s consolidated financial statements.