Company: GAINI
Filing Date: 2025-02-12
Form Type: 10-Q
Source: 0001321741-25-000005
Chunk: 36

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-02-12
Form: 10-Q
Item: Part I, Item 1
Chunk 36
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 our fair value measurements. The weighted-average calculations in the table below 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 ofDecember 31,2024March 31,2024December 31,2024March 31,2024Secured first lien debt$599,911 $474,856 TEVEBITDA multiple2.8x – 11.8x / 6.8x4.2x – 8.8x / 6.4xEBITDA$969 – $26,000 /$12,328$1,091 – $23,547 / $10,509Revenue multiple0.2x – 0.6x / 0.4x0.3x – 0.6x / 0.4xRevenue$6,141 – $100,934 /$70,883$31,586 – $93,916 / $77,580Secured second lien debt96,229 113,703 TEVEBITDA multiple5.7x – 7.0x / 6.6x5.1x – 15.0x / 7.0xEBITDA$4,489 – $23,258 /$14,721$5,648 – $23,003 / $14,19212,514 25,000 Yield AnalysisDiscount Rate19.7% – 19.7% / 19.7%13.8% – 13.8% / 13.8%Preferred equity308,226 213,480 TEVEBITDA multiple2.8x – 11.8x / 6.0x4.2x – 8.8x /6.1xEBITDA$1,292 – $26,000 /$11,696$1,091 – $23,547 / $9,502Revenue multiple0.2x – 0.6x / 0.3x0.3x – 0.6x / 0.4xRevenue$6,141 – $100,934 /$52,338$31,586 – $93,916 / $75,099Common equity/equivalents(A)(B)