Annual report pursuant to Section 13 and 15(d)

DISTRIBUTIONS TO COMMON STOCKHOLDERS (Tables)

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DISTRIBUTIONS TO COMMON STOCKHOLDERS (Tables)
12 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Schedule of Investment Company, Cash Distributions Paid To Common Stockholders
We paid the following cash distributions to our common stockholders for the years ended March 31, 2024, 2023 and 2022.
For the Year Ended March 31, 2024:
Declaration Date
Record Date Payment Date Distribution
per Common Share
April 11, 2023 April 21, 2023 April 28, 2023 $ 0.080 
April 11, 2023 May 23, 2023 May 31, 2023 0.080 
April 11, 2023 June 5, 2023 June 15, 2023 0.120 
(A)
April 11, 2023 June 21, 2023 June 30, 2023 0.080 
July 11, 2023 July 21, 2023 July 31, 2023 0.080 
July 11, 2023 August 23, 2023 August 31, 2023 0.080 
July 11, 2023 September 7, 2023 September 15, 2023 0.120 
(A)
July 11, 2023 September 21, 2023 September 29, 2023 0.080 
October 10, 2023 October 20, 2023 October 31, 2023 0.080 
October 10, 2023 November 7, 2023 November 17, 2023 0.120 
(A)
October 10, 2023 November 20, 2023 November 30, 2023 0.080 
October 24, 2023 December 5, 2023 December 15, 2023 0.880 
(A)
October 10, 2023 December 18, 2023 December 29, 2023 0.080 
January 9, 2024 January 23, 2024 January 31, 2024 0.080 
January 9, 2024 February 21, 2024 February 29, 2024 0.080 
January 9, 2024 March 21, 2024 March 29, 2024 0.080 
Year ended March 31, 2024
$ 2.200 
For the Year Ended March 31, 2023:
Declaration Date
Record Date Payment Date Distribution
per Common Share
April 12, 2022 April 22, 2022 April 29, 2022 $ 0.075 
April 12, 2022 May 20, 2022 May 31, 2022 0.075 
April 12, 2022 June 6, 2022 June 15, 2022 0.120 
(A)
April 12, 2022 June 22, 2022 June 30, 2022 0.075 
July 12, 2022 July 22, 2022 July 29, 2022 0.075 
July 12, 2022 August 23, 2022 August 31, 2022 0.075 
July 12, 2022 September 22, 2022 September 30, 2022 0.075 
October 11, 2022 October 21, 2022 October 31, 2022 0.080 
October 11, 2022 November 18, 2022 November 30, 2022 0.080 
October 11, 2022 December 6, 2022 December 15, 2022 0.120 
(A)
October 11, 2022 December 20, 2022 December 30, 2022 0.080 
January 10, 2023 January 20, 2023 January 31, 2023 0.080 
January 10, 2023 February 17, 2023 February 28, 2023 0.080 
January 10, 2023 March 3, 2023 March 15, 2023 0.240 
(A)
January 10, 2023 March 17, 2023 March 31, 2023 0.080 
Year ended March 31, 2023:
$ 1.410 
For the Year Ended March 31, 2022:
Declaration Date
Record Date Payment Date Distribution
per Common Share
April 13, 2021 April 23, 2021 April 30, 2021 $ 0.070 
April 13, 2021 May 19, 2021 May 28, 2021 0.070 
April 13, 2021 June 8, 2021 June 17, 2021 0.060 
(A)
April 13, 2021 June 18, 2021 June 30, 2021 0.070 
July 13, 2021 July 23, 2021 July 30, 2021 0.070 
July 13, 2021 August 23, 2021 August 31, 2021 0.070 
July 13, 2021 September 3, 2021 September 15, 2021 0.030 
(A)
July 13, 2021 September 22, 2021 September 30, 2021 0.070 
October 12, 2021 October 22, 2021 October 29, 2021 0.075 
October 12, 2021 November 19, 2021 November 30, 2021 0.075 
October 12, 2021 December 7, 2021 December 15, 2021 0.090 
(A)
October 12, 2021 December 23, 2021 December 31, 2021 0.075 
January 11, 2022 January 21, 2022 January 31, 2022 0.075 
January 11, 2022 February 4, 2022 February 14, 2022 0.120 
(A)
January 11, 2022 February 18, 2022 February 28, 2022 0.075 
January 11, 2022 March 23, 2022 March 31, 2022 0.075 
Year ended March 31, 2022:
$ 1.170 
(A)Represents a supplemental distribution to common stockholders.
Schedule of Stockholders Equity
The components of our net assets on a tax basis were as follows:

Year Ended March 31,

2024 2023
Common stock
$ 37  $ 34 
Capital in excess of par value
444,706  401,798 
Cumulative unrealized appreciation of investments
64,737  31,129 
Cumulative unrealized depreciation of other
  29 
Undistributed ordinary income 18,708  21,380 
Undistributed capital gain
1,373  10,552 
Other temporary differences
(36,850) (25,180)
Net Assets
$ 492,711  $ 439,742 
Schedule of Investment Company, Changes in Net Assets
For the years ended March 31, 2024 and 2023, we recorded the following adjustments for estimated permanent book-tax differences to reflect tax character. Results of operations, total net assets, and cash flows were not affected by these adjustments.

Tax Year Ended March 31,

2024 2023
Underdistributed (overdistributed) net investment income
$ 1,695  $ 1,301 
Accumulated net realized gain in excess of distributions
$ (881) $ 263 
Capital in excess of par value
$ (814) $ (1,564)