Notable concerns that warrant closer review
The company continues to invest in lower middle market private businesses, balancing debt and equity investments to achieve income and capital appreciation.. Increased interest and dividend/success fee income were partially offset by higher operating expenses, including incentive and interest expenses.. Unused line of credit commitments total $4,150 million as of December 31, 2025, which represent potential future cash requirements not reflected on the balance sheet.. Total investment income increased $3.7 million, or 17.3%, for the three months ended December 31, 2025, compared to the prior year period.