For the quarter ending 2026-03-31, SCM had -$21,673,631 decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net increase in net assets resulting from operations | 1,655,736 | 5,214,346 | 6,692,028 | 15,138,955 |
| Purchases of investments | 27,664,251 | 52,088,081 | 63,753,008 | 78,230,159 |
| Proceeds from sales and repayments of investments | 41,713,484 | 54,017,359 | 38,997,345 | 46,638,287 |
| Net change in unrealized depreciation (appreciation) on investments | -6,548,346 | -8,597,832 | -5,136,059 | 2,626,960 |
| Net change in unrealized depreciation (appreciation) on foreign currency translations | 48,020 | 4,738 | 1,054 | -38,865 |
| Increase in investments due to payment-in-kind income | 1,674,387 | 1,885,555 | 1,378,166 | 2,492,551 |
| Amortization of premium and accretion of discount, net | 713,561 | 718,711 | 735,749 | 1,437,223 |
| Deferred tax benefit | - | - | - | 0 |
| Amortization of loan structure fees | 254,298 | 258,548 | 319,288 | 634,745 |
| Amortization of deferred financing costs | 134,684 | 244,642 | 144,283 | 303,468 |
| Amortization of discount on notes payable | 33,248 | 32,698 | 31,961 | 31,434 |
| Amortization of premium on notes payable | -30,426 | -29,855 | - | - |
| Amortization of loan fees on sba-guaranteed debentures | 166,986 | 178,429 | 182,435 | 371,260 |
| Net realized (gain) loss on investments | -750,410 | -5,490,677 | -2,867,155 | 6,827,248 |
| Loss on debt extinguishment | - | -61,333 | -164,762 | - |
| Increase in interest receivable | 235,852 | -671,690 | 1,178,577 | 921,344 |
| Decrease (increase) in income tax receivable | -1,385,387 | -136,811 | -523,499 | 743,732 |
| Increase in other receivables | 64,189 | -14,111 | 81,611 | -70,495 |
| Decrease in related party receivables | -20 | -22,480 | 22,500 | -3,687 |
| (increase) decrease in prepaid expenses | 423,284 | -130,791 | -166,257 | -218,975 |
| (decrease) increase in management fees payable | -50,348 | 41,400 | 121,864 | 245,332 |
| Increase (decrease) in income incentive fees payable | 95,648 | -324,604 | 589,839 | -1,057,366 |
| Increase (decrease) in administrative services payable | 40,191 | 32,199 | 91,329 | 22,297 |
| Decrease in interest payable | -408,861 | 225,701 | -617,047 | 1,248,079 |
| Increase in related party payable | 2,198,978 | - | -951,752 | 1,088,287 |
| (decrease) increase in unearned revenue | -42,377 | -58,630 | -35,653 | 127,664 |
| Increase in income tax payable | 93,492 | - | - | - |
| Increase in other accrued expenses and liabilities | 356,278 | -119,080 | -1,768,305 | 1,322,363 |
| Net cash provided by (used in) operating activities | 22,803,385 | 9,033,380 | -20,227,520 | -13,255,624 |
| Proceeds from the issuance of common stock | - | 0 | 7,435,594 | 13,153,366 |
| Sales load for common stock issued | - | 0 | 111,534 | 197,464 |
| Offering costs paid for common stock issued | 75,000 | 189,710 | 113,179 | 303,959 |
| Stockholder distributions paid | 10,418,116 | 11,576,007 | 11,363,617 | 22,326,367 |
| Proceeds from issuance of notes payable | - | -122,250 | 50,000,000 | 75,000,000 |
| Repayment of notes payable | - | 50,060,870 | 50,000,000 | - |
| Premium from issuance of notes payable | - | - | 648,000 | - |
| Discount from issuance of notes payable | - | - | 0 | 770,250 |
| Financing costs paid on notes payable | 50,000 | 99,247 | 776,500 | 1,698,806 |
| Repayments of sba-guaranteed debentures | 39,000,000 | 0 | 9,750,000 | 16,250,000 |
| Financing costs paid on credit facility | - | 97,510 | 1,525,014 | - |
| Borrowings under credit facility | 58,100,000 | 101,650,000 | 94,500,000 | 104,400,000 |
| Repayments of credit facility | 53,033,900 | 32,633,900 | 89,683,900 | 117,817,800 |
| Net cash (used in) provided by financing activities | -44,477,016 | 6,992,756 | -10,740,150 | 33,188,720 |
| Net decrease in cash and cash equivalents | -21,673,631 | 16,026,136 | -30,967,670 | 19,933,096 |
| Cash and cash equivalents balance at beginning of period | 25,050,156 | 9,024,020 | 20,058,594 | - |
| Cash and cash equivalents balance at end of period | 3,376,525 | 25,050,156 | 9,024,020 | - |
Stellus Capital Investment Corp (SCM)
Stellus Capital Investment Corp (SCM)