For the quarter ending 2026-03-31, TRIN had $521K 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 | 29,832 | 39,460 | 27,645 | 68,499 |
| Purchase of investments, net of deferred fees | 299,632 | 430,567 | 466,573 | 579,821 |
| Proceeds from sales and paydowns of investments | 238,315 | 218,809 | 255,748 | 352,098 |
| Net change in unrealized (appreciation)/depreciation from investments | -4,726 | 33,421 | 10,704 | 11,730 |
| Net realized (gain)/loss from investments | -9,930 | -33,887 | -20,025 | -10,416 |
| Accretion of original issue discounts and end of term payments on investments | 15,627 | 50,680 | 36,431 | 23,406 |
| Amortization of deferred financing costs | 1,406 | 1,304 | 1,269 | 2,384 |
| Stock-based compensation | 3,249 | 3,173 | 3,073 | 5,803 |
| (increase)/decrease in interest receivable | -957 | -433 | 1,800 | 1,122 |
| (increase)/decrease in other assets | 5,017 | 2,750 | 2,219 | 707 |
| Increase/(decrease) in security deposits | 774 | 1,405 | 1,505 | 2,554 |
| Increase/(decrease) in accounts payable, accrued expenses and other liabilities | -13,130 | 20,323 | 4,443 | -6,733 |
| Net cash provided by/(used in) operating activities | -45,765 | -165,003 | -183,623 | -186,873 |
| Disposal/(acquisition) of fixed assets | 415 | 428 | 71 | 286 |
| Issuance of unsecured notes, net of issuance costs | - | - | 121,570 | 5,451 |
| Net cash provided by/(used in) investing activities | -415 | -428 | -71 | -286 |
| Issuance of common stock, net of issuance costs | 78,283 | 95,053 | 82,951 | 111,981 |
| Retirement of employee shares | 1,643 | 838 | 1,059 | 2,463 |
| Cash distributions paid | 83,522 | 37,784 | 35,152 | 63,430 |
| Issuance of secured notes, net of issuance costs | 40 | 198,475 | - | - |
| Issuance of unsecured notes, net of issuance costs | - | 154,889 | - | - |
| Repayment of unsecured notes | - | 0 | 0 | 217,756 |
| Issuance of unsecured notes, net of issuance costs | -57 | - | - | - |
| Borrowings under credit facility | 347,800 | 405,000 | 437,000 | 727,200 |
| Repayments under credit facility | 294,200 | 512,700 | 438,400 | 357,200 |
| Net cash provided by/(used in) financing activities | 46,701 | 175,074 | 166,910 | 203,783 |
| Net increase/(decrease) in cash, cash equivalents and restricted cash | 521 | 9,643 | -16,784 | 16,624 |
| Cash, cash equivalents and restricted cash at beginning of period | 19,110 | 9,467 | 23,406 | - |
| Cash, cash equivalents and restricted cash at end of period | 19,631 | 19,110 | 9,467 | - |
Trinity Capital Inc. (TRIN)
Trinity Capital Inc. (TRIN)