2023 Q1 Form 10-Q Financial Statement
#000095017023002167 Filed on February 08, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2021 Q4 |
---|---|---|---|
Revenue | $16.64M | $10.33M | $28.35M |
YoY Change | -31.63% | -63.55% | 51.35% |
Cost Of Revenue | $18.16M | $16.52M | $14.65M |
YoY Change | 58.18% | 12.76% | 60.67% |
Gross Profit | $18.19M | $13.44M | $13.70M |
YoY Change | 41.46% | -1.86% | 42.51% |
Gross Profit Margin | 109.33% | 130.07% | 48.31% |
Selling, General & Admin | $1.102M | $1.107M | $973.0K |
YoY Change | 13.26% | 13.77% | -15.39% |
% of Gross Profit | 6.06% | 8.24% | 7.1% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $1.102M | $1.107M | $973.0K |
YoY Change | 13.26% | 13.77% | -15.39% |
Operating Profit | $17.09M | $12.33M | $12.72M |
YoY Change | 43.77% | -3.06% | 50.38% |
Interest Expense | -$11.48M | -$82.23M | $14.66M |
YoY Change | 55.23% | -661.08% | -76.67% |
% of Operating Profit | -67.17% | -666.72% | 115.19% |
Other Income/Expense, Net | $1.000K | ||
YoY Change | |||
Pretax Income | $5.322M | -$69.89M | $25.71M |
YoY Change | 58.44% | -371.87% | -63.93% |
Income Tax | $450.0K | $2.000M | $200.0K |
% Of Pretax Income | 8.46% | 0.78% | |
Net Earnings | $4.872M | -$71.89M | $25.51M |
YoY Change | 54.23% | -381.84% | -64.14% |
Net Earnings / Revenue | 29.28% | -695.77% | 89.99% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $0.07 | -$1.10 | $381.7K |
COMMON SHARES | |||
Basic Shares Outstanding | 65.22M | 65.22M | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2021 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $63.14M | $28.56M | $39.58M |
YoY Change | 140.51% | -27.86% | 95.95% |
Cash & Equivalents | $63.14M | $28.56M | $39.58M |
Short-Term Investments | |||
Other Short-Term Assets | $12.04M | $4.036M | |
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $84.42M | $39.97M | $72.42M |
YoY Change | 163.29% | -44.8% | 170.22% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $1.133B | $1.196B | $1.445B |
YoY Change | -6.71% | -17.25% | 28.24% |
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $1.133B | $1.196B | $1.445B |
YoY Change | -6.71% | -17.25% | 28.25% |
TOTAL ASSETS | |||
Total Short-Term Assets | $84.42M | $39.97M | $72.42M |
Total Long-Term Assets | $1.133B | $1.196B | $1.445B |
Total Assets | $1.217B | $1.236B | $1.518B |
YoY Change | -2.33% | -18.57% | 31.55% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $15.15M | $8.325M | $595.4K |
YoY Change | 57.47% | 1298.34% | 495.35% |
Accrued Expenses | $15.15M | $5.446M | $5.229M |
YoY Change | 101.36% | 4.16% | 37.6% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $49.93M | $31.33M | $21.63M |
YoY Change | 58.47% | 44.8% | 34.38% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $671.3M | $695.6M | $813.5M |
YoY Change | 22.01% | -14.5% | 48.18% |
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $671.3M | $695.6M | $813.5M |
YoY Change | 22.01% | -14.5% | 48.18% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $49.93M | $31.33M | $21.63M |
Total Long-Term Liabilities | $671.3M | $695.6M | $813.5M |
Total Liabilities | $721.2M | $733.1M | $840.2M |
YoY Change | 23.99% | -12.75% | 48.71% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$252.5M | -$245.3M | |
YoY Change | |||
Common Stock | $748.2M | $748.2M | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $495.7M | $502.9M | $677.6M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.217B | $1.236B | $1.518B |
YoY Change | -2.33% | -18.57% | 31.55% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2021 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $4.872M | -$71.89M | $25.51M |
YoY Change | 54.23% | -381.84% | -64.14% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | $68.90M | -$9.606M | -$177.4M |
YoY Change | -74.21% | -94.58% | -606.72% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $9.784M | $8.045M | |
YoY Change | 21.62% | ||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -34.26M | -14.78M | 196.6M |
YoY Change | -87.78% | -107.52% | -581.79% |
NET CHANGE | |||
Cash From Operating Activities | 68.90M | -9.606M | -177.4M |
Cash From Investing Activities | |||
Cash From Financing Activities | -34.26M | -14.78M | 196.6M |
Net Change In Cash | 34.63M | -24.39M | 19.22M |
YoY Change | -359.87% | -226.89% | -431.41% |
FREE CASH FLOW | |||
Cash From Operating Activities | $68.90M | -$9.606M | -$177.4M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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|
-996000 | |
CY2022Q4 | us-gaap |
Investment Company Net Assets From Operations Increase Decrease
InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease
|
-71894000 | |
CY2021Q4 | us-gaap |
Investment Company Net Assets From Operations Increase Decrease
InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease
|
25510000 | |
CY2022Q4 | us-gaap |
Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
|
-1.10 | |
CY2021Q4 | us-gaap |
Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
|
0.38 | |
CY2022Q4 | us-gaap |
Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
|
0.16 | |
CY2021Q4 | us-gaap |
Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
|
0.19 | |
CY2022Q4 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
10333000 | |
CY2021Q4 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
12524000 | |
CY2022Q4 | pnnt |
Net Realized Gain Loss On Investments And Debt
NetRealizedGainLossOnInvestmentsAndDebt
|
4064000 | |
CY2021Q4 | pnnt |
Net Realized Gain Loss On Investments And Debt
NetRealizedGainLossOnInvestmentsAndDebt
|
-27742000 | |
CY2022Q4 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-91565000 | |
CY2021Q4 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
46769000 | |
CY2022Q4 | pnnt |
Investment Company Distribution To Shareholders
InvestmentCompanyDistributionToShareholders
|
-10762000 | |
CY2021Q4 | pnnt |
Investment Company Distribution To Shareholders
InvestmentCompanyDistributionToShareholders
|
-8045000 | |
CY2022Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-14784000 | |
CY2021Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
196572000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-24390000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
19222000 | |
CY2022Q4 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
280000 | |
CY2021Q4 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
2000 | |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
52666000 | |
CY2022Q4 | us-gaap |
Investment Company Net Assets Period Increase Decrease
InvestmentCompanyNetAssetsPeriodIncreaseDecrease
|
-82656000 | |
CY2021Q4 | us-gaap |
Investment Company Net Assets Period Increase Decrease
InvestmentCompanyNetAssetsPeriodIncreaseDecrease
|
17465000 | |
CY2021Q3 | us-gaap |
Assets Net
AssetsNet
|
585565000 | |
CY2020Q3 | us-gaap |
Assets Net
AssetsNet
|
660144000 | |
CY2022Q4 | us-gaap |
Assets Net
AssetsNet
|
502909000 | |
CY2021Q4 | us-gaap |
Assets Net
AssetsNet
|
677609000 | |
CY2022Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-71894000 | |
CY2021Q4 | us-gaap |
Profit Loss
ProfitLoss
|
25510000 | |
CY2022Q4 | pnnt |
Net Change In Net Unrealized Appreciation Depreciation On Investments
NetChangeInNetUnrealizedAppreciationDepreciationOnInvestments
|
91565000 | |
CY2021Q4 | pnnt |
Net Change In Net Unrealized Appreciation Depreciation On Investments
NetChangeInNetUnrealizedAppreciationDepreciationOnInvestments
|
-46769000 | |
CY2022Q4 | pnnt |
Net Change In Unrealized Appreciation Depreciation On Debt
NetChangeInUnrealizedAppreciationDepreciationOnDebt
|
-4378000 | |
CY2021Q4 | pnnt |
Net Change In Unrealized Appreciation Depreciation On Debt
NetChangeInUnrealizedAppreciationDepreciationOnDebt
|
996000 | |
CY2022Q4 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
4064000 | |
CY2021Q4 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-26073000 | |
CY2022Q4 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
822000 | |
CY2021Q4 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
2065000 | |
CY2022Q4 | us-gaap |
Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
|
86182000 | |
CY2021Q4 | us-gaap |
Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
|
295136000 | |
CY2022Q4 | pnnt |
Payment In Kind Income
PaymentInKindIncome
|
1131000 | |
CY2021Q4 | pnnt |
Payment In Kind Income
PaymentInKindIncome
|
4451000 | |
CY2022Q4 | us-gaap |
Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
|
30620000 | |
CY2021Q4 | us-gaap |
Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
|
132246000 | |
CY2022Q4 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
454000 | |
CY2021Q4 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
565000 | |
CY2022Q4 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
531000 | |
CY2021Q4 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
449000 | |
CY2022Q4 | pnnt |
Increase Decrease In Receivables From Investments Sold
IncreaseDecreaseInReceivablesFromInvestmentsSold
|
-29494000 | |
CY2021Q4 | pnnt |
Increase Decrease In Receivables From Investments Sold
IncreaseDecreaseInReceivablesFromInvestmentsSold
|
12821000 | |
CY2022Q4 | pnnt |
Increase Decrease In Distribution Receivable
IncreaseDecreaseInDistributionReceivable
|
836000 | |
CY2021Q4 | pnnt |
Increase Decrease In Distribution Receivable
IncreaseDecreaseInDistributionReceivable
|
121000 | |
CY2022Q4 | pnnt |
Increase Decrease In Payable For Investments Purchased
IncreaseDecreaseInPayableForInvestmentsPurchased
|
-8325000 | |
CY2021Q4 | pnnt |
Increase Decrease In Payable For Investments Purchased
IncreaseDecreaseInPayableForInvestmentsPurchased
|
7812000 | |
CY2022Q4 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-2973000 | |
CY2021Q4 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-931000 | |
CY2022Q4 | pnnt |
Increase Decrease In Base Management Fee Payable Net
IncreaseDecreaseInBaseManagementFeePayableNet
|
-247000 | |
CY2021Q4 | pnnt |
Increase Decrease In Base Management Fee Payable Net
IncreaseDecreaseInBaseManagementFeePayableNet
|
529000 | |
CY2022Q4 | pnnt |
Increase Decrease In Performance Based Incentive Fee Payable Net
IncreaseDecreaseInPerformanceBasedIncentiveFeePayableNet
|
2192000 | |
CY2021Q4 | pnnt |
Increase Decrease In Performance Based Incentive Fee Payable Net
IncreaseDecreaseInPerformanceBasedIncentiveFeePayableNet
|
2082000 | |
CY2022Q4 | us-gaap |
Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
|
5287000 | |
CY2021Q4 | us-gaap |
Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
|
5045000 | |
CY2022Q4 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-4485000 | |
CY2021Q4 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
159000 | |
CY2022Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-9606000 | |
CY2021Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-177350000 | |
CY2022Q4 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
9784000 | |
CY2021Q4 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
8045000 | |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
20357000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
28556000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
39581000 | |
CY2022Q4 | us-gaap |
Interest Paid Net
InterestPaidNet
|
12248000 | |
CY2021Q4 | us-gaap |
Interest Paid Net
InterestPaidNet
|
7252000 | |
CY2022Q4 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
299000 | |
CY2021Q4 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
695000 | |
CY2021Q4 | pnnt |
Non Cash Exchanges And Conversions
NonCashExchangesAndConversions
|
-31274000 | |
CY2022Q4 | pnnt |
Percentage Of Voting Securities Owned
PercentageOfVotingSecuritiesOwned
|
2.378 | |
CY2022Q4 | us-gaap |
Investment Owned At Cost
InvestmentOwnedAtCost
|
1363502000 | |
CY2022Q4 | us-gaap |
Investment Owned At Fair Value
InvestmentOwnedAtFairValue
|
1196035000 | |
CY2022Q4 | pnnt |
Liabilities In Excess Of Other Assets
LiabilitiesInExcessOfOtherAssets
|
-721682000 | |
CY2022Q4 | us-gaap |
Assets Net
AssetsNet
|
502909000 | |
CY2022Q4 | pnnt |
Percentage Of Qualifying Assets To Total Assets
PercentageOfQualifyingAssetsToTotalAssets
|
0.80 | |
CY2022Q4 | pnnt |
Percentage Of Non Qualifying Assets To Total Assets
PercentageOfNonQualifyingAssetsToTotalAssets
|
0.20 | |
CY2022Q3 | pnnt |
Percentage Of Voting Securities Owned
PercentageOfVotingSecuritiesOwned
|
2.094 | |
CY2022Q3 | us-gaap |
Investment Owned At Cost
InvestmentOwnedAtCost
|
1302029000 | |
CY2022Q3 | us-gaap |
Investment Owned At Fair Value
InvestmentOwnedAtFairValue
|
1226301000 | |
CY2021Q4 | pnnt |
Investment Company Ratio Of Total Expenses To Average Net Assets
InvestmentCompanyRatioOfTotalExpensesToAverageNetAssets
|
0.0956 | |
CY2022Q4 | us-gaap |
Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
|
0.0744 | |
CY2021Q4 | us-gaap |
Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
|
0.0757 | |
CY2022Q4 | us-gaap |
Assets Net
AssetsNet
|
502909000 | |
CY2021Q4 | us-gaap |
Assets Net
AssetsNet
|
677609000 | |
CY2022Q3 | pnnt |
Liabilities In Excess Of Other Assets
LiabilitiesInExcessOfOtherAssets
|
-693402000 | |
CY2022Q3 | us-gaap |
Assets Net
AssetsNet
|
585565000 | |
CY2022Q3 | pnnt |
Percentage Of Qualifying Assets To Total Assets
PercentageOfQualifyingAssetsToTotalAssets
|
0.88 | |
CY2022Q3 | pnnt |
Percentage Of Non Qualifying Assets To Total Assets
PercentageOfNonQualifyingAssetsToTotalAssets
|
0.12 | |
CY2022Q4 | pnnt |
Provision For Taxes On Net Investment Income
ProvisionForTaxesOnNetInvestmentIncome
|
2000000.0 | |
CY2021Q4 | pnnt |
Provision For Taxes On Net Investment Income
ProvisionForTaxesOnNetInvestmentIncome
|
200000 | |
CY2022Q4 | pnnt |
Provision For Taxes On Net Realized Gain On Investments
ProvisionForTaxesOnNetRealizedGainOnInvestments
|
0 | |
CY2021Q4 | pnnt |
Provision For Taxes On Net Realized Gain On Investments
ProvisionForTaxesOnNetRealizedGainOnInvestments
|
0 | |
CY2022Q4 | pnnt |
Provision For Taxes On Net Unrealized Gain On Investments
ProvisionForTaxesOnNetUnrealizedGainOnInvestments
|
900000 | |
CY2021Q4 | pnnt |
Provision For Taxes On Net Unrealized Gain On Investments
ProvisionForTaxesOnNetUnrealizedGainOnInvestments
|
5000000.0 | |
CY2022Q4 | pnnt |
Provision For Taxes On Net Realized And Unrealized Gains On Investments
ProvisionForTaxesOnNetRealizedAndUnrealizedGainsOnInvestments
|
2200000 | |
CY2022 | pnnt |
Provision For Taxes On Net Realized And Unrealized Gains On Investments
ProvisionForTaxesOnNetRealizedAndUnrealizedGainsOnInvestments
|
7100000 | |
CY2022Q4 | pnnt |
Excise Tax Percentage
ExciseTaxPercentage
|
0.04 | |
CY2022Q4 | pnnt |
Effective Tax Rate Before Excise Tax And Income Taxes
EffectiveTaxRateBeforeExciseTaxAndIncomeTaxes
|
0 | |
CY2022Q4 | us-gaap |
Long Term Debt Average Amount Outstanding
LongTermDebtAverageAmountOutstanding
|
694152000 | |
CY2021Q4 | us-gaap |
Long Term Debt Average Amount Outstanding
LongTermDebtAverageAmountOutstanding
|
697267000 | |
CY2022Q4 | pnnt |
Weighted Average Debt Per Share
WeightedAverageDebtPerShare
|
10.64 | |
CY2021Q4 | pnnt |
Weighted Average Debt Per Share
WeightedAverageDebtPerShare
|
10.40 | |
CY2022Q4 | pnnt |
Asset Coverage Per Unit
AssetCoveragePerUnit
|
1709000 | |
CY2021Q4 | pnnt |
Asset Coverage Per Unit
AssetCoveragePerUnit
|
1902000 | |
CY2022Q4 | pnnt |
Portfolio Turnover Rate
PortfolioTurnoverRate
|
0.0190 | |
CY2021Q4 | pnnt |
Portfolio Turnover Rate
PortfolioTurnoverRate
|
0.0973 | |
CY2022Q4 | pnnt |
Amount Used To Multiply Asset Coverage Ratio To Determine The Asset Coverage Per Unit
AmountUsedToMultiplyAssetCoverageRatioToDetermineTheAssetCoveragePerUnit
|
1000000 | |
CY2022Q4 | pnnt |
Asset Coverage Ratio
AssetCoverageRatio
|
1.50 | |
CY2022Q4 | pnnt |
Annual Rate Of Base Management Fee
AnnualRateOfBaseManagementFee
|
0.0150 | |
CY2022Q4 | pnnt |
Base Management Fee Amendment Description
BaseManagementFeeAmendmentDescription
|
on November 13, 2018, in connection with our board of directors’ approval of the application of the modified asset coverage requirements under the 1940 Act to the Company, our board of directors also approved an amendment to the Investment Management Agreement reducing the Investment Adviser’s annual base management fee from 1.50% to 1.00% on gross assets that exceed 200% of the Company’s total net assets as of the immediately preceding quarter-end. This amendment became effective on February 5, 2019 with the amendment and restatement of the Investment Management Agreement on April 12, 2019. | |
pnnt |
Annual Rate Of Base Management Fee
AnnualRateOfBaseManagementFee
|
0.0150 | ||
CY2019Q1 | pnnt |
Annual Rate Of Base Management Fee
AnnualRateOfBaseManagementFee
|
0.0100 | |
CY2022Q4 | pnnt |
Base Management Fee Percentage Of Total Net Assets
BaseManagementFeePercentageOfTotalNetAssets
|
2 | |
CY2022Q4 | pnnt |
Base Management Fee Calculation Description
BaseManagementFeeCalculationDescription
|
The base management fee is calculated based on the average adjusted gross assets at the end of the two most recently completed calendar quarters, and appropriately adjusted for any share issuances or repurchases during the current calendar quarter. | |
CY2022Q4 | pnnt |
Base Management Fee
BaseManagementFee
|
4600000 | |
CY2021Q4 | pnnt |
Base Management Fee
BaseManagementFee
|
5100000 | |
CY2022Q4 | pnnt |
Incentive Fee Quarter Hurdle Rate
IncentiveFeeQuarterHurdleRate
|
0.0175 | |
CY2022Q4 | pnnt |
Incentive Fee Annual Hurdle Rate
IncentiveFeeAnnualHurdleRate
|
-0.0700 | |
CY2022Q4 | pnnt |
Description Of Incentive Fee On Net Investment Income
DescriptionOfIncentiveFeeOnNetInvestmentIncome
|
We pay the Investment Adviser an incentive fee with respect to our Pre- Incentive Fee Net Investment Income in each calendar quarter as follows: (1) no incentive fee in any calendar quarter in which our Pre-Incentive Fee Net Investment Income does not exceed the hurdle rate of 1.75%, (2) 100% of our Pre-Incentive Fee Net Investment Income with respect to that portion of such Pre-Incentive Fee Net Investment Income, if any, that exceeds the hurdle rate but is less than 2.1212% in any calendar quarter (8.4848% annualized), and (3) 17.5% of the amount of our Pre-Incentive Fee Net Investment Income, if any, that exceeds 2.1212% in any calendar quarter. | |
CY2022Q4 | pnnt |
Incentive Fees On Net Investment Income
IncentiveFeesOnNetInvestmentIncome
|
2200000 | |
CY2021Q4 | pnnt |
Incentive Fees On Net Investment Income
IncentiveFeesOnNetInvestmentIncome
|
2700000 | |
CY2018Q1 | pnnt |
Incentive Fee On Capital Gains Percentage
IncentiveFeeOnCapitalGainsPercentage
|
0.175 | |
CY2017Q4 | pnnt |
Incentive Fee On Capital Gains Percentage
IncentiveFeeOnCapitalGainsPercentage
|
-0.200 | |
CY2022Q4 | pnnt |
Incentive Fee On Capital Gains Percentage
IncentiveFeeOnCapitalGainsPercentage
|
0.175 | |
CY2022Q4 | pnnt |
Incentive Fee On Capital Gains Accrued
IncentiveFeeOnCapitalGainsAccrued
|
0 | |
CY2021Q4 | pnnt |
Incentive Fee On Capital Gains Accrued
IncentiveFeeOnCapitalGainsAccrued
|
0 | |
CY2022Q4 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
86200000 | |
CY2021Q4 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
295100000 | |
CY2022Q4 | us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
30600000 | |
CY2021Q4 | us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
132200000 | |
CY2022Q4 | pnnt |
Fair Value Investments Of Portfolio Assets Excluding Cash And Cash Equivalents Percentage
FairValueInvestmentsOfPortfolioAssetsExcludingCashAndCashEquivalentsPercentage
|
1 | |
CY2022Q3 | pnnt |
Fair Value Investments Of Portfolio Assets Excluding Cash And Cash Equivalents Percentage
FairValueInvestmentsOfPortfolioAssetsExcludingCashAndCashEquivalentsPercentage
|
1 | |
CY2022Q4 | pnnt |
Percentage Of Capital Ownership In Each Of Outstanding Subordinated Notes And Equity Interests
PercentageOfCapitalOwnershipInEachOfOutstandingSubordinatedNotesAndEquityInterests
|
0.605 | |
CY2022 | pnnt |
Percentage Of Capital Ownership In Each Of Outstanding Subordinated Notes And Equity Interests
PercentageOfCapitalOwnershipInEachOfOutstandingSubordinatedNotesAndEquityInterests
|
0.395 | |
CY2022Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
1196035000 | |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
28556000 | |
CY2022Q4 | pnnt |
Investments And Cash And Cash Equivalents Fair Value Disclosure
InvestmentsAndCashAndCashEquivalentsFairValueDisclosure
|
1224591000 | |
CY2022Q4 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
695588000 | |
CY2022Q3 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
1226301000 | |
CY2022Q3 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
52666000 | |
CY2022Q3 | pnnt |
Investments And Cash And Cash Equivalents Fair Value Disclosure
InvestmentsAndCashAndCashEquivalentsFairValueDisclosure
|
1278967000 | |
CY2022Q3 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
704513000 | |
CY2022Q4 | us-gaap |
Investment Company Net Assets From Operations Increase Decrease
InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease
|
-71894000 | |
CY2021Q4 | us-gaap |
Investment Company Net Assets From Operations Increase Decrease
InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease
|
25510000 | |
CY2022Q4 | pnnt |
Investment Company Basic And Diluted Weighted Average Shares
InvestmentCompanyBasicAndDilutedWeightedAverageShares
|
65224500 | |
CY2021Q4 | pnnt |
Investment Company Basic And Diluted Weighted Average Shares
InvestmentCompanyBasicAndDilutedWeightedAverageShares
|
67045105 | |
CY2022Q4 | us-gaap |
Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
|
-1.10 | |
CY2021Q4 | us-gaap |
Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
|
0.38 | |
CY2022Q3 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
8.98 | |
CY2021Q3 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
9.85 | |
CY2022Q4 | us-gaap |
Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
|
0.16 | |
CY2021Q4 | us-gaap |
Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
|
0.19 | |
CY2022Q4 | us-gaap |
Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
|
-1.26 | |
CY2021Q4 | us-gaap |
Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
|
0.19 | |
CY2022Q4 | us-gaap |
Investment Company Net Asset Value Per Share Period Increase Decrease
InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease
|
-1.10 | |
CY2021Q4 | us-gaap |
Investment Company Net Asset Value Per Share Period Increase Decrease
InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease
|
0.38 | |
CY2022Q4 | us-gaap |
Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
|
0.17 | |
CY2021Q4 | us-gaap |
Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
|
0.12 | |
CY2022Q4 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
7.71 | |
CY2021Q4 | us-gaap |
Net Asset Value Per Share
NetAssetValuePerShare
|
10.11 | |
CY2022Q4 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
5.75 | |
CY2021Q4 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
6.93 | |
CY2022Q4 | us-gaap |
Investment Company Total Return
InvestmentCompanyTotalReturn
|
0.0834 | |
CY2021Q4 | us-gaap |
Investment Company Total Return
InvestmentCompanyTotalReturn
|
0.0857 | |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
65224500 | |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
67045105 | |
CY2022Q4 | pnnt |
Investment Company Ratio Of Operating Expenses To Average Net Assets
InvestmentCompanyRatioOfOperatingExpensesToAverageNetAssets
|
0.0713 | |
CY2021Q4 | pnnt |
Investment Company Ratio Of Operating Expenses To Average Net Assets
InvestmentCompanyRatioOfOperatingExpensesToAverageNetAssets
|
0.0540 | |
CY2022Q4 | pnnt |
Investment Company Ratio Of Interest And Expenses On Debt To Average Net Assets
InvestmentCompanyRatioOfInterestAndExpensesOnDebtToAverageNetAssets
|
0.0701 | |
CY2021Q4 | pnnt |
Investment Company Ratio Of Interest And Expenses On Debt To Average Net Assets
InvestmentCompanyRatioOfInterestAndExpensesOnDebtToAverageNetAssets
|
0.0416 | |
CY2022Q4 | pnnt |
Investment Company Ratio Of Total Expenses To Average Net Assets
InvestmentCompanyRatioOfTotalExpensesToAverageNetAssets
|
0.1414 | |
CY2022Q4 | pnnt |
Commitments To Fund Investments
CommitmentsToFundInvestments
|
172300000 | |
CY2022 | pnnt |
Commitments To Fund Investments
CommitmentsToFundInvestments
|
169200000 |