Company: GAINI
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001321741-25-000022
Chunk: 3

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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491 36,688,667 

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

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

3

Table of Contents

GLADSTONE INVESTMENT CORPORATION

CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS

(IN THOUSANDS)

(UNAUDITED)20252024NET ASSETS, MARCH 31$499,084 $492,711 OPERATIONSNet investment income9,088 12,414 Net realized gain on investments— 2 Net unrealized depreciation of investments(1,047)(18,942)Net unrealized appreciation of other(269)— Net increase (decrease) in net assets from operations7,772 (6,526)DISTRIBUTIONS(A)Distributions to common stockholders from net investment income ($0.27 and $0.24 per share, respectively)(10,125)(8,805)Distributions to common stockholders from net realized gains ($0.51 and $0.00 per share, respectively)(18,663)— Net decrease in net assets from distributions(28,788)(8,805)CAPITAL ACTIVITYIssuance of common stock7,331 — Discounts, commissions, and offering costs for issuance of common stock(95)— Net increase in net assets from capital activity7,236 — NET DECREASE IN NET ASSETS(13,780)(15,331)NET ASSETS, JUNE 30$485,304 $477,380 OPERATIONSNet investment income$4,279 $7,291 Net realized (loss) gain on investments(29,938)42,303 Net unrealized appreciation (depreciation) of investments54,452 (34,112)Net unrealized appreciation of other(84)— Net increase in net assets from operations28,709 15,482 DISTRIBUTIONS(A)Distributions to common stockholders from net investment income ($0.24 and $0.24 per share, respectively)(9,289)(8,805)Distributions to common stockholders from net realized gains ($0.00 and $0.70 per share, respectively)(B)— (25,682)Net decrease in net assets from distributions(9,289)(34,487)CAPITAL ACTIVITY