Company: GAINI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001321741-25-000022
Chunk: 5

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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3,991)Decrease in fee due to Administrator(A)(240)(161)Decrease in other liabilities(31)(110)Net cash (used in) provided by operating activities(110,839)75,484 CASH FLOWS FROM FINANCING ACTIVITIESProceeds from issuance of common stock38,893 — Discounts, commissions, and offering costs for issuance of common stock(458)— Proceeds from line of credit153,300 47,800 Repayments on line of credit(55,600)(105,900)Deferred financing and offering costs(136)(320)Distributions paid to common stockholders(38,077)(17,610)Net cash provided by (used in) financing activities97,922 (76,030)NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH(12,917)(546)CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD15,154 3,220 CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD$2,237 $2,674 CASH PAID FOR INTEREST$16,822 $12,442 NON-CASH FINANCING ACTIVITY:Distributions payable$— $25,682 

(A)Refer to Note 4 — Related Party Transactions in the accompanying Notes to Consolidated Financial Statements for additional information.

Supplemental disclosures of non-cash operating activities:•In September 2025, we restructured our existing first lien term loans and line of credit to J.R. Hobbs Co. – Atlanta, LLC with an aggregate total cost basis of $49.9 million into a new $20.0 million first lien term loan, which resulted in a realized loss of $29.9 million. 

THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE CONSOLIDATED FINANCIAL STATEMENTS.

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Table of ContentsGLADSTONE INVESTMENT CORPORATIONCONSOLIDATED SCHEDULE OF INVESTMENTSSEPTEMBER 30, 2025 (DOLLAR AMOUNTS IN THOUSANDS)(UNAUDITED)

Company and Investment(A)(B)(D)(E)Principal/Shares/ Units(F)(H)CostFair ValueNON-CONTROL/NON-AFFILIATE INVESTMENTS(L) – 151.7%Secured