Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net increase (decrease) in net assets resulting from operations $ 43,220 $ 62,689
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Purchase of investments (270,163) (149,122)
Principal repayments on investments 239,258 120,946
Net proceeds from sale of investments 89,746 6,536
Increase in investments due to PIK interest or other (2,940) (4,060)
Net change in premiums, discounts and amortization (841) 451
Net realized loss (gain) on investments and other (61,900) (5,745)
Net unrealized depreciation (appreciation) of investments 51,840 (21,936)
Amortization of deferred financing costs 1,654 1,323
Changes in assets and liabilities:    
Decrease (increase) in interest receivable, net (125) 761
Decrease (increase) in funds due from administrative agent 956 (2,986)
Decrease (increase) in other assets, net 582 (775)
Increase (decrease) in accounts payable and accrued expenses (406) (20)
Increase (decrease) in interest payable 1,210 1,340
Increase (decrease) in other liabilities 26 (1,111)
Net cash provided by (used in) operating activities 91,145 8,934
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from line of credit 212,000 179,500
Repayments on line of credit (255,100) (161,500)
Financing costs (2,058) (378)
Proceeds from issuance of common stock 2,471 0
Proceeds from issuance of preferred stock 6,671 5,595
Discounts, commissions and offering costs for issuance of common stock (37) 0
Distributions paid to common stockholders (42,092) (32,306)
Net cash provided by (used in) financing activities (78,145) (9,089)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS 13,000 (155)
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, BEGINNING OF PERIOD 2,304 1,401
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS, END OF PERIOD 15,304 1,246
Supplemental Cash Flow Elements    
CASH PAID FOR INTEREST 13,003 14,933
NON-CASH ACTIVITIES 0 0
Total fees due to Adviser    
Changes in assets and liabilities:    
Increase (decrease) in fee due to related party [1] (1,410) 291
Fee due to Administrator    
Changes in assets and liabilities:    
Increase (decrease) in fee due to related party [1] 438 352
Investment, Unaffiliated and Affiliated Issuer, Excluding Other    
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Net realized loss (gain) on investments and other (61,718) (1,895)
Net unrealized depreciation (appreciation) of investments 51,840 (21,936)
Other    
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Net realized loss (gain) on investments and other (182) (3,850)
Net unrealized depreciation (appreciation) of investments $ 0 $ 0
[1] Refer to Note 4—Related Party Transactions in the accompanying Notes to Consolidated Financial Statements for additional information.