Company: GAINI
Filing Date: 2025-05-13
Form Type: 10-K
Source: 0001321741-25-000010
Chunk: 11

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-05-13
Form: 10-K
Item: Item 8
Chunk 11
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 investments76,025 52,228 35,533 Net realized gain on investments(63,184)(30,256)(10,753)Net unrealized depreciation (appreciation) of investments25,960 (33,301)12,235 Net unrealized appreciation (depreciation) of other— 29 (29)Amortization of premiums, discounts, and acquisition costs, net— — (12)Amortization of deferred financing costs and discounts2,852 2,305 1,802 Bad debt expense, net of recoveries1,601 1 362 Changes in assets and liabilities:Decrease (increase) in interest receivable761 (4,589)4 Decrease in due from administrative agent536 472 2,507 Increase in other assets, net(436)(181)(446)Increase (decrease) in accounts payable and accrued expenses559 (54)(13)Increase in interest payable1,414 1,156 119 Increase (decrease) in fees due to Adviser(A)2,380 12,375 (435)Increase in fee due to Administrator(A)40 11 89 Increase in other liabilities98 485 442 Net cash provided by (used in) operating activities16,308 (69,938)(4,504)CASH FLOWS FROM FINANCING ACTIVITIESProceeds from issuance of common stock2,029 44,508 5,492 Discounts, commissions, and offering costs for issuance of common stock(24)(609)(77)Proceeds from line of credit214,100 242,300 102,500 Repayments on line of credit(281,100)(210,500)(67,300)Proceeds from issuance of notes payable126,500 74,750 — Deferred financing and offering costs(4,928)(4,478)(308)Distributions paid to common stockholders (60,951)(76,061)(47,050)Net cash (used in) provided by financing activities(4,374)69,910 (6,743)NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS11,934 (28)(11,247)CASH, CASH EQUIVALENTS, RESTRICTED C