Company: GAINI
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001321741-25-000018
Chunk: 159

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 8
Chunk 159
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 be released or received at the end of the escrow period. Reserves and holdbacks against escrow amounts were $1.0 million as of June 30, 2025 and March 31, 2025.Financial Commitments and ObligationsWe may have line of credit commitments to certain of our portfolio companies that have not been fully drawn. Since these line of credit commitments have expiration dates and we expect many will never be fully drawn, the total line of credit commitment amounts do not necessarily represent future cash requirements. We estimate the fair value of the combined unused line of credit commitments as of June 30, 2025 and March 31, 2025 to be insignificant.The following table summarizes the principal balances of unused line of credit as of June 30, 2025 and March 31, 2025, which are not reflected as liabilities in the accompanying Consolidated Statements of Assets and Liabilities:June 30, 2025March 31, 2025Unused line of credit commitments$3,596 $3,440 Total$3,596 $3,440 

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NOTE 10.  FINANCIAL HIGHLIGHTS

Three Months Ended June 30,20252024Per Common Share Data:Net asset value at beginning of period(A)$13.55 $13.43 Income (loss) from investment operations(B)Net investment income0.25 0.34 Net realized gain— 0.00 Net unrealized depreciation(0.04)(0.52)Total from investment operations0.21 (0.18)Effect of equity capital activity(B)Cash distributions to common stockholders from net investment income(C)(0.27)(0.24)Cash distributions to common stockholders from net realized gains(C)(0.51)— Net accretive effect of equity offering(D)0.01 — Total from equity capital activity(0.77)(0.24)Other, net(B)(E)— — Net asset value at end of period(A)$12.99 $13.01 Per common share market value at beginning of period$13.36 $14.23 Per common share market value at end of period$14.27 $13.98 Total investment return(F)12.76 %(0.08)%Common stock outstanding at end of period(A)37,352,676 36,688,667 Statement of Assets and Li