New investment of $4.0 million

($3.0 million term loan at 13% and a $1.0 million equity investment)

Buyout of MRES senior credit

$678,000 Senior Secured Promissory Note at SOFR + 3.25%

Funded follow-on debt investment of $400,000

Total investments in FSS had a fair value of $4.3 million at quarter-end

Funded follow-on debt investment of $50,000

Total investments in Caitec had a fair value of $5.1 million at quarter-end

New investment of $3.25 million

(Term loan at 13% and warrants for a 12% ownership interest)

New investment of $2.5 million

($2.25 million term loan at 14% plus 1% PIK interest and a $250,000 equity investment)

Funded follow-on debt investment of $400,000

Total debt & equity investment in FSS had a fair value of $4.3 million at quarter-end

Funded follow-on equity investment of $35,000

Total equity investment in Carolina Skiff had a fair value of $800,000