Company: GAINI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001321741-25-000022
Chunk: 156

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 8
Chunk 156
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 are based on the principal balances for all debt-related calculations and on the cost basis for all equity-related calculations for the particular input.Quantitative Information about Level 3 Fair Value MeasurementsFair Value as ofValuationTechnique/MethodologyUnobservableInputRange / Weighted-Average as ofSeptember 30, 2025March 31, 2025September 30, 2025March 31, 2025Secured first lien debt$593,979 $514,334 TEVEBITDA multiple3.5x – 8.0x / 6.2x3.7x – 7.9x / 6.0xEBITDA$538 – $23,126 /$11,372$1,208 – $25,038 / $12,162Revenue multiple0.3x – 0.6x / 0.5x0.3x – 0.6x / 0.4xRevenue$21,649 – $104,790 /$65,258$6,690 – $102,791 / $72,303Secured second lien debt90,633 90,956 TEVEBITDA multiple5.0x – 7.3x / 6.6x6.1x – 7.2x / 6.8xEBITDA$5,130 – $31,248 /$20,921$3,637 – $24,234 / $16,900— 12,624 Yield AnalysisDiscount RateN/A20.7% – 20.7% / 20.7%Preferred equity365,278 302,163 TEVEBITDA multiple3.5x – 8.0x / 6.2x3.7x – 7.9x /6.1xEBITDA$538 – $23,126 /$9,778$2,153 – $25,038 / $11,029Revenue multiple0.3x – 0.6x / 0.4x0.3x – 0.6x / 0.4xRevenue$21,649 – $104,790 /$79,691$6,690 – $102,791 / $53,604Common equity/equivalents75,894 54,268 TEVEBITDA multiple5.0x – 7.3x / 6.9x5.