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, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net increase (decrease) in net assets resulting from operations $ 34,183 $ 43,220
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Purchase of investments (224,814) (270,163)
Principal repayments on investments 136,233 239,258
Net proceeds from sale of investments 2,651 89,746
Increase in investments due to PIK interest or other (5,659) (2,940)
Net change in premiums, discounts and amortization 633 (841)
Net realized loss (gain) on investments and other 294 (61,900)
Net unrealized depreciation (appreciation) of investments (2,155) 51,840
Amortization of deferred financing costs 2,168 1,654
Changes in assets and liabilities:    
Decrease (increase) in interest receivable, net (323) (125)
Decrease (increase) in funds due from administrative agent 1,684 956
Decrease (increase) in other assets, net (193) 582
Increase (decrease) in accounts payable and accrued expenses 192 (406)
Increase (decrease) in interest payable 382 1,210
Increase (decrease) in other liabilities 162 26
Net cash provided by (used in) operating activities (54,123) 91,145
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from line of credit 381,000 212,000
Repayments on line of credit (203,500) (255,100)
Proceeds from issuance of long term debt 60,000 0
Redemption of long term debt (207,000) 0
Financing costs (1,532) (2,058)
Proceeds from issuance of common stock 0 2,471
Proceeds from issuance of preferred stock 26,415 6,671
Redemption of preferred stock (779) 0
Commissions and offering costs for issuance of common stock 0 (37)
Distributions paid to common stockholders (30,501) (42,092)
Net cash provided by (used in) financing activities 24,103 (78,145)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (30,020) 13,000
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 32,370 2,304
CASH AND CASH EQUIVALENTS, END OF PERIOD 2,350 15,304
Supplemental Cash Flow Elements    
CASH PAID FOR INTEREST 17,821 13,003
NON-CASH ACTIVITIES 0 0
Total fees due to Adviser    
Changes in assets and liabilities:    
Increase (decrease) in fee due to related party [1] 93 (1,410)
Fee due to Administrator    
Changes in assets and liabilities:    
Increase (decrease) in fee due to related party [1] 346 438
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 (1,498) (61,718)
Net unrealized depreciation (appreciation) of investments (2,155) 51,840
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 1,792 (182)
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.