Silver Spike Investment Corp
For the period ended Mar 31, 2024. Filed May 9, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
LIEN$9.07-0.2%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Operations
| For the three months ended | ||
|---|---|---|
| March 31, 2024 | March 31, 2023 | |
| INVESTMENT INCOME | ||
| Non-control/non-affiliate investment income | ||
| Interest income | $2,726,497 | $2,457,839 |
| Fee income | 33,750 | - |
| Total investment income | 2,760,247 | 2,457,839 |
| EXPENSES | ||
| Transaction expenses related to the Loan Portfolio Acquisition | 2,106,050 | - |
| Management fee | 246,131 | 238,419 |
| Capital gains incentive fees | 119,924 | 142,602 |
| Audit expense | 106,625 | 97,883 |
| Administrator fees | 98,456 | 77,844 |
| Insurance expense | 66,279 | 69,082 |
| Legal expenses | 58,051 | 98,760 |
| Other expenses | 19,191 | 19,504 |
| Custodian fees | 11,850 | 12,000 |
| Director expenses | 5,526 | 35,944 |
| Valuation fees | 1,973 | 73,065 |
| Income-based incentive fees | - | 203,821 |
| Professional fees | - | 18,192 |
| Total expenses | 2,840,056 | 1,087,116 |
| NET INVESTMENT INCOME (LOSS) | (79,809) | 1,370,723 |
| NET REALIZED GAIN (LOSS) FROM INVESTMENTS | ||
| Non-controlled/non-affiliate investments | - | - |
| Net realized gain (loss) from investments | - | - |
| NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) FROM INVESTMENTS | ||
| Non-controlled/non-affiliate investments | 599,620 | 986,357 |
| Net change in unrealized appreciation (depreciation) from investments | 599,620 | 986,357 |
| Net realized and unrealized gains (losses) | 599,620 | 986,357 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $519,811 | $2,357,080 |
| NET INVESTMENT INCOME (LOSS) PER SHARE — BASIC AND DILUTED | $(0.01) | $0.22 |
| NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE — BASIC AND DILUTED | $0.08 | $0.38 |
| WEIGHTED AVERAGE SHARES OUTSTANDING — BASIC AND DILUTED | 6,214,941 | 6,214,672 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.