For the quarter ending 2026-03-31, LIEN had $411,564 increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net increase (decrease) in net assets resulting from operations | 8,535,388 | 8,246,496 | 8,834,061 | 16,198,622 |
| Net change in unrealized (appreciation) depreciation from investments | -1,426,900 | -20,604 | -657,060 | 885,594 |
| Net (accretion of discounts) and amortization of premiums | -1,393,660 | -595,172 | -889,590 | -1,216,102 |
| Purchase of investments | 92,690,828 | 31,310,000 | 65,858,897 | 59,050,605 |
| Pik interest capitalized | -1,379,114 | -1,059,550 | -453,374 | -1,045,967 |
| Proceeds from sales of investments and principal repayments | 63,381,776 | 11,025,813 | 62,650,323 | 29,940,662 |
| Amortization of deferred financing costs | 174,718 | 202,240 | 177,966 | 248,779 |
| Net realized (gain) loss from investments | - | 0 | - | - |
| Interest receivable | 1,183,152 | -478,050 | 1,172,867 | -1,101,836 |
| Due from affiliates | -1,651,074 | 1,134,279 | -5,847,962 | 4,156,696 |
| Prepaid expenses and other assets | 210,176 | -101,804 | -246,270 | 218,528 |
| Other receivable | - | - | 0 | - |
| Paydown receivable | - | - | 0 | - |
| Receivable for investment sold | 0 | 0 | 0 | -4,122,500 |
| Income-based incentive fees payable | 383,971 | -274,155 | 378,834 | -30,305 |
| Management fee payable | 82,890 | 46,625 | 54,514 | 586,969 |
| Capital gains incentive fees payable | -163,473 | -4,121 | -131,412 | 177,119 |
| Professional fees payable | 8,230 | -20,478 | -151,906 | 170,191 |
| Payable for investments purchased | - | - | -11,760,000 | 11,760,000 |
| Transaction fees payable related to the loan portfolio acquisition | 0 | 0 | 0 | -2,945,125 |
| Other payables | 591,492 | 104,163 | 25,609 | 108,783 |
| Due to affiliates | 47,652 | 325,722 | 261,576 | -180,823 |
| Excise tax payable | -69,609 | 69,609 | 0 | -88,709 |
| Unearned interest income | 23,514 | -8,015 | 110,637 | -88,384 |
| Net cash provided by (used in) operating activities | -20,829,435 | -13,768,614 | -1,394,508 | -5,314,609 |
| Offering costs paid | 0 | 0 | 92,615 | 998,316 |
| Distributions paid | 7,759,001 | 7,759,000 | 7,756,984 | 7,758,698 |
| Financing costs paid | 500,000 | 0 | 122,881 | 1,031,429 |
| Proceeds from borrowings on revolving line of credit | 45,000,000 | 40,500,000 | 6,000,000 | 5,000,000 |
| Principal payments under revolving line of credit | 15,500,000 | 26,500,000 | - | - |
| Proceeds from issuance of common stock | - | 0 | - | - |
| Net cash provided by (used in) financing activities | 21,240,999 | 6,241,000 | -1,972,480 | -4,788,443 |
| Net increase (decrease) in cash and cash equivalents | 411,564 | -7,527,614 | -3,366,988 | -10,103,052 |
| Cash and cash equivalents, beginning of period | 2,934,752 | 10,462,366 | 23,932,406 | - |
| Cash and cash equivalents, end of period | 3,346,316 | 2,934,752 | 10,462,366 | - |