Company: GAINI
Filing Date: 2025-05-13
Form Type: 10-K
Source: 0001321741-25-000010
Chunk: 193

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-05-13
Form: 10-K
Item: Item 7
Chunk 193
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%, during the year ended March 31, 2025, as compared to the prior year, primarily due to an increase in bad debt expense.

57

Realized and Unrealized Gain (Loss)

The realized gains (losses) and unrealized appreciation (depreciation) across our investments for the years ended March 31, 2025 and 2024 were as follows:

Year Ended March 31, 2025Portfolio CompanyRealizedGain (Loss) on InvestmentsUnrealizedAppreciation(Depreciation)Reversal ofUnrealized(Appreciation)DepreciationNet Gain(Loss)The E3 Company, LLC$— $19,418 $— $19,418 Nocturne Luxury Villas, Inc.19,790 18,668 (24,334)14,124 UPB Acquisition, Inc.— 13,723 — 13,723 SFEG Holdings, Inc.— 12,652 — 12,652 ImageWorks Display and Marketing Group, Inc.— 10,314 — 10,314 Schylling, Inc.— 9,230 — 9,230 Dema/Mai Holdings, Inc.— 8,889 — 8,889 Ginsey Home Solutions, Inc.— 8,178 — 8,178 J.R. Hobbs Co. - Atlanta, LLC— 3,532 — 3,532 Brunswick Bowling Products, Inc.— 3,118 — 3,118 The Maids International, LLC— 2,984 — 2,984 B+T Group Acquisition, Inc.— (1,691)— (1,691)Nth Degree Investment Group, LLC43,373 (7,195)(38,028)(1,850)Edge Adhesives Holdings, Inc.— (2,562)— (2,562)Home Concepts Acquisition, Inc.— (3,957)— (3,957)Mason West, LLC— (6,497)— (6,497)Old World Christmas, Inc.— (7,099)— (7,099)Educators Resource, Inc.— (8,137)— (8,137)PSI Molded Plastics, Inc.— (9,151)— (9,151)Horizon Facilities Services, Inc.— (28