2023 Q1 Form 10-K Financial Statement

#000121390023019265 Filed on March 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022 Q3
Revenue $13.59M $10.45M
YoY Change 56.77% 112.88%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $12.83M $9.771M
YoY Change 118.73% 135.31%
Operating Profit -$12.59M -$9.521M
YoY Change 125.5% 140.07%
Interest Expense $10.32M $7.016M
YoY Change 260.98%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings $28.09M -$6.756M
YoY Change -918.71%
Net Earnings / Revenue 206.64% -64.63%
Basic Earnings Per Share $1.14 -$0.29
Diluted Earnings Per Share $1.14 -$0.29
COMMON SHARES
Basic Shares Outstanding 24.41M shares 23.06M shares 23.21M shares
Diluted Shares Outstanding 24.59M shares 23.21M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $6.242M $1.651M $4.181M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.060B $1.057B $1.020B
YoY Change -13.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $657.6M $694.0M $646.0M
YoY Change -9.22%
SHAREHOLDERS EQUITY
Retained Earnings -$110.5M -$86.07M
YoY Change -1475.21%
Common Stock $24.98K $24.29K $23.37K
YoY Change 7.61%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $402.6M $363.4M $373.9M
YoY Change
Total Liabilities & Shareholders Equity $1.060B $1.057B $1.020B
YoY Change -13.13%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $28.09M -$6.756M
YoY Change -918.71%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $27.95M
YoY Change -436.46%
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
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$23.35M
YoY Change -295.45%
NET CHANGE
Cash From Operating Activities $27.95M
Cash From Investing Activities
Cash From Financing Activities -$23.35M
Net Change In Cash $4.591M
YoY Change 26.03%
FREE CASH FLOW
Cash From Operating Activities $27.95M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
410924 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1093503 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
682579 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1650801 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1093503 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
22291491 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
7313093 usd
CY2022 cik0001794776 Distributions Declared Amount
DistributionsDeclaredAmount
44055117 usd
CY2021 cik0001794776 Distributions Declared Amount
DistributionsDeclaredAmount
25952493 usd
CY2022 cik0001794776 Reinvestment Of Distributions During The Period
ReinvestmentOfDistributionsDuringThePeriod
24159545 usd
CY2021 cik0001794776 Reinvestment Of Distributions During The Period
ReinvestmentOfDistributionsDuringThePeriod
17683821 usd
CY2022 cik0001794776 Distributionsamount Payable
DistributionsamountPayable
6941066 usd
CY2021 cik0001794776 Distributionsamount Payable
DistributionsamountPayable
5874681 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Use of Estimates</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Actual results could differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p>
CY2022 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Indemnifications</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In the normal course of business, the Company enters into contracts that contain a variety of representations which provide general indemnifications. The Company’s maximum exposure under these arrangements cannot be known; however, the Company expects any risk of loss to be remote.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </p>
CY2021 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
2100000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3400000 usd
CY2021 us-gaap Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
1300000 usd
CY2021Q4 cik0001794776 Consolidated Statements Of Assets And Liabilities
ConsolidatedStatementsOfAssetsAndLiabilities
649900000 usd
CY2022 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
100000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2400000 usd
CY2022 us-gaap Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
2500000 usd
CY2022Q4 cik0001794776 Consolidated Statements Of Assets And Liabilities
ConsolidatedStatementsOfAssetsAndLiabilities
641300000 usd
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.90 pure
CY2022 us-gaap Quarterly Financial Information Income Taxes Significant Variation Description
QuarterlyFinancialInformationIncomeTaxesSignificantVariationDescription
In order for the Company not to be subject to U.S. federal excise taxes, it must distribute annually an amount at least equal to the sum of (i) 98% of its net ordinary income (taking into account certain deferrals and elections) for the calendar year, (ii) 98.2% of its capital gains in excess of capital losses for the one year period ending October 31 in such calendar year and (iii) any net ordinary income and capital gains in excess of capital losses for preceding years that were not distributed during such years. The Company, at its discretion, may carry forward taxable income in excess of calendar year dividends and pay a 4% nondeductible U.S. federal excise tax on this income.
CY2022Q4 us-gaap Investment Interest Rate
InvestmentInterestRate
0.02 pure
CY2022 us-gaap Management Fee Description
ManagementFeeDescription
The Investment Advisor, however, has agreed to waive its right to receive management fees in excess of 1.75% of the total net assets during any period prior to the listing of the Company’s common stock on a national securities exchange (a “Listing”).
CY2022 us-gaap Incentive Fee Description
IncentiveFeeDescription
The Company will pay the Investment Advisor an Income Incentive Fee with respect to its “adjusted net investment income” in each calendar quarter as follows:   ● no Income Incentive Fee in any calendar quarter in which the Company’s “adjusted net investment income” does not exceed an amount equal to a “hurdle rate” of 1.5% per quarter (6% annualized) of the Company’s total net assets at the end of that quarter (the “Hurdle Amount”);     ● 100% of the Company’s “adjusted net investment income” with respect to that portion of such “adjusted net investment income,” if any, that exceeds the Hurdle Amount but is less than or equal to an amount (the “Catch-Up Amount”) determined on a quarterly basis by multiplying 1.6875% by the Company’s total net asset value for the immediately preceding calendar quarter. The Catch-Up Amount is intended to provide the Investment Advisor with an incentive fee of 12.5% on all of the Company’s “adjusted net investment income” when the Company’s “adjusted net investment income” reaches the Catch-Up Amount in any calendar quarter; and     ● for any calendar quarter in which the Company’s “adjusted net investment income” exceeds the Catch-Up Amount, the Income Incentive Fee shall equal 12.5% of the amount of the Company’s “adjusted net investment income” for the calendar quarter.  
CY2022Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
1120099935 usd
CY2022Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
1017211732 usd
CY2021Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
1189713653 usd
CY2021Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
1194257584 usd
CY2022 cik0001794776 Longterm Investment Portfolio Percentage
LongtermInvestmentPortfolioPercentage
0.16 pure
CY2022 cik0001794776 Amortized Cost Rate
AmortizedCostRate
0.163 pure
CY2021 cik0001794776 Longterm Investment Portfolio Percentage
LongtermInvestmentPortfolioPercentage
0.144 pure
CY2021 cik0001794776 Amortized Cost Rate
AmortizedCostRate
0.145 pure
CY2022Q4 us-gaap Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
0.149 pure
CY2021Q4 us-gaap Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
0.133 pure
CY2022Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Redemption Restriction Percentage
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareRedemptionRestrictionPercentage
1 pure
CY2021Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Redemption Restriction Percentage
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareRedemptionRestrictionPercentage
1 pure
CY2022Q4 us-gaap Investments
Investments
1017211732 usd
CY2021Q4 us-gaap Investments
Investments
1194257584 usd
CY2022 us-gaap Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
1.50 pure
CY2022Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
1.57 pure
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1993000 usd
CY2022 us-gaap Line Of Credit Facility Increase Accrued Interest
LineOfCreditFacilityIncreaseAccruedInterest
255000 usd
CY2022 us-gaap Line Of Credit Facility Description
LineOfCreditFacilityDescription
(2)The carrying value of the WF Credit Facility is presented net of deferred financing costs of $1.047 million and accrued interest of $1.880 million.
CY2022 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
1716297 shares
CY2022 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
29200000 usd
CY2021 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
10007526 shares
CY2021 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
206600000 usd
CY2022 cik0001794776 Unfunded Commitments
UnfundedCommitments
2600000 usd
CY2021 cik0001794776 Unfunded Commitments
UnfundedCommitments
11300000 usd
CY2022Q4 us-gaap Other Commitment Due After Fifth Year
OtherCommitmentDueAfterFifthYear
2636943 usd
CY2021Q4 us-gaap Other Commitment Due After Fifth Year
OtherCommitmentDueAfterFifthYear
11295718 usd
CY2022 us-gaap Investment Company Net Assets From Operations Increase Decrease
InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease
-74482335 usd
CY2021 us-gaap Investment Company Net Assets From Operations Increase Decrease
InvestmentCompanyNetAssetsFromOperationsIncreaseDecrease
19059718 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23130666 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15494614 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.22
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.23
CY2022 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
EffectiveIncomeTaxRateReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
0.04 pure
CY2022Q4 us-gaap Investment Owned Unrecognized Unrealized Appreciation Depreciation Net
InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNet
-74482335 usd
CY2021Q4 us-gaap Investment Owned Unrecognized Unrealized Appreciation Depreciation Net
InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNet
19059718 usd
CY2022Q4 us-gaap Investment Owned Unrecognized Unrealized Appreciation
InvestmentOwnedUnrecognizedUnrealizedAppreciation
107432980 usd
CY2021Q4 us-gaap Investment Owned Unrecognized Unrealized Appreciation
InvestmentOwnedUnrecognizedUnrealizedAppreciation
8527786 usd
CY2022 cik0001794776 Investment Company Other Book Tax Differences
InvestmentCompanyOtherBookTaxDifferences
8109784 usd
CY2021 cik0001794776 Investment Company Other Book Tax Differences
InvestmentCompanyOtherBookTaxDifferences
-897245 usd
CY2022Q4 us-gaap Investment Owned Unrecognized Unrealized Depreciation
InvestmentOwnedUnrecognizedUnrealizedDepreciation
41060429 usd
CY2021Q4 us-gaap Investment Owned Unrecognized Unrealized Depreciation
InvestmentOwnedUnrecognizedUnrealizedDepreciation
26690259 usd
CY2022Q4 us-gaap Capital Units
CapitalUnits
43482016 usd
CY2021Q4 us-gaap Capital Units
CapitalUnits
22163852 usd
CY2022Q4 us-gaap Capital
Capital
573101 usd
CY2021Q4 us-gaap Capital
Capital
3788641 usd
CY2022Q4 us-gaap Capital Units Net Amount
CapitalUnitsNetAmount
44055117 usd
CY2021Q4 us-gaap Capital Units Net Amount
CapitalUnitsNetAmount
25952493 usd
CY2021 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
1834053 usd
CY2021Q4 us-gaap Investment Company Distributable Earnings Loss Accumulated Capital Loss Carryforward
InvestmentCompanyDistributableEarningsLossAccumulatedCapitalLossCarryforward
513796 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-7575518 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-101573 usd
CY2022Q4 us-gaap Investment Company Distributable Earnings Loss Accumulated Appreciation Depreciation
InvestmentCompanyDistributableEarningsLossAccumulatedAppreciationDepreciation
-102926664 usd
CY2021Q4 us-gaap Investment Company Distributable Earnings Loss Accumulated Appreciation Depreciation
InvestmentCompanyDistributableEarningsLossAccumulatedAppreciationDepreciation
5788994 usd
CY2022Q4 us-gaap Investment Company Distributable Earnings Loss Accumulated Ordinary Income Loss
InvestmentCompanyDistributableEarningsLossAccumulatedOrdinaryIncomeLoss
-110502182 usd
CY2021Q4 us-gaap Investment Company Distributable Earnings Loss Accumulated Ordinary Income Loss
InvestmentCompanyDistributableEarningsLossAccumulatedOrdinaryIncomeLoss
8035270 usd
CY2021Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
20.06
CY2020Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
20.15
CY2020Q1 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
20
CY2022 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
1.78
CY2021 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
1.47
us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
1.32
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-5 usd
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-0.18 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-0.19 usd
CY2022 us-gaap Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
-3.22
CY2021 us-gaap Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
1.29
us-gaap Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
1.13
CY2022 us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
1.85
CY2021 us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
1.01
us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
0.98
CY2022 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
-0.03
CY2021 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
-0.37
CY2022 us-gaap Investment Company Net Asset Value Per Share Period Increase Decrease
InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease
-1.88
CY2021 us-gaap Investment Company Net Asset Value Per Share Period Increase Decrease
InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease
-1.38
us-gaap Investment Company Net Asset Value Per Share Period Increase Decrease
InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease
-0.98
CY2022Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
14.96
CY2021Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
20.06
CY2020Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
20.15
CY2022Q4 us-gaap Shares Outstanding
SharesOutstanding
24286628 shares
CY2021Q4 us-gaap Shares Outstanding
SharesOutstanding
22570331 shares
CY2020Q4 us-gaap Shares Outstanding
SharesOutstanding
12562805 shares
CY2022Q4 us-gaap Assets Net
AssetsNet
363443482 usd
CY2021Q4 us-gaap Assets Net
AssetsNet
452797588 usd
CY2020Q4 us-gaap Assets Net
AssetsNet
253144971 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23130666 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15494614 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11156932 shares
CY2022 us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
-0.1651 pure
CY2021 us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.081 pure
us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.0429 pure
CY2022 cik0001794776 Portfolio Turnover
PortfolioTurnover
0.27 pure
CY2021 cik0001794776 Portfolio Turnover
PortfolioTurnover
0.53 pure
cik0001794776 Portfolio Turnover
PortfolioTurnover
0.63 pure
CY2022 us-gaap Investment Company Expense Ratio Voluntary Fee Waiver
InvestmentCompanyExpenseRatioVoluntaryFeeWaiver
0.0828 pure
CY2021 us-gaap Investment Company Expense Ratio Voluntary Fee Waiver
InvestmentCompanyExpenseRatioVoluntaryFeeWaiver
0.0554 pure
us-gaap Investment Company Expense Ratio Voluntary Fee Waiver
InvestmentCompanyExpenseRatioVoluntaryFeeWaiver
0.0569 pure
CY2022 us-gaap Investment Company Expense Ratio Including Voluntary Fee Waiver
InvestmentCompanyExpenseRatioIncludingVoluntaryFeeWaiver
0.0803 pure
CY2021 us-gaap Investment Company Expense Ratio Including Voluntary Fee Waiver
InvestmentCompanyExpenseRatioIncludingVoluntaryFeeWaiver
0.0529 pure
us-gaap Investment Company Expense Ratio Including Voluntary Fee Waiver
InvestmentCompanyExpenseRatioIncludingVoluntaryFeeWaiver
0.0544 pure
CY2022 us-gaap Investment Company Investment Income Loss Ratio Before Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation
0.0961 pure
CY2021 us-gaap Investment Company Investment Income Loss Ratio Before Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation
0.0692 pure
us-gaap Investment Company Investment Income Loss Ratio Before Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioBeforeIncentiveAllocation
0.0718 pure
CY2022 us-gaap Investment Company Investment Income Loss Ratio After Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation
0.0986 pure
CY2021 us-gaap Investment Company Investment Income Loss Ratio After Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation
0.0717 pure
us-gaap Investment Company Investment Income Loss Ratio After Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation
0.0743 pure
CY2022Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
14254960 usd
CY2022Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
16497241 usd
CY2022Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
19973554 usd
CY2022Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
23774145 usd
CY2022Q1 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
5584387 usd
CY2022Q2 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
6947708 usd
CY2022Q3 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
9521115 usd
CY2022Q4 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
11365858 usd
CY2022Q1 cik0001794776 Net Investments Incomeloss
NetInvestmentsIncomeloss
8670573 usd
CY2022Q2 cik0001794776 Net Investments Incomeloss
NetInvestmentsIncomeloss
9549533 usd
CY2022Q3 cik0001794776 Net Investments Incomeloss
NetInvestmentsIncomeloss
10452439 usd
CY2022Q4 cik0001794776 Net Investments Incomeloss
NetInvestmentsIncomeloss
12408287 usd
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-369870 usd
CY2022Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-486754 usd
CY2022Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-496697 usd
CY2022Q4 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-6776866 usd
CY2022Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-11731503 usd
CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-74394896 usd
CY2022Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-16711415 usd
CY2022Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-4595166 usd
CY2022Q1 us-gaap Investment Company Tax Return Of Capital Distribution
InvestmentCompanyTaxReturnOfCapitalDistribution
-3430800 usd
CY2022Q2 us-gaap Investment Company Tax Return Of Capital Distribution
InvestmentCompanyTaxReturnOfCapitalDistribution
-65332117 usd
CY2022Q3 us-gaap Investment Company Tax Return Of Capital Distribution
InvestmentCompanyTaxReturnOfCapitalDistribution
-6755673 usd
CY2022Q4 us-gaap Investment Company Tax Return Of Capital Distribution
InvestmentCompanyTaxReturnOfCapitalDistribution
1036255 usd
CY2022Q1 us-gaap Impairment Effect On Earnings Per Share After Tax
ImpairmentEffectOnEarningsPerShareAfterTax
19.91
CY2022Q2 us-gaap Impairment Effect On Earnings Per Share After Tax
ImpairmentEffectOnEarningsPerShareAfterTax
16.71
CY2022Q3 us-gaap Impairment Effect On Earnings Per Share After Tax
ImpairmentEffectOnEarningsPerShareAfterTax
16
CY2022Q4 us-gaap Impairment Effect On Earnings Per Share After Tax
ImpairmentEffectOnEarningsPerShareAfterTax
14.96
CY2021Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
9674876 usd
CY2021Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
7869228 usd
CY2021Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
8875949 usd
CY2021Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
13265600 usd
CY2021Q1 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
3637128 usd
CY2021Q2 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
3673024 usd
CY2021Q3 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
3966032 usd
CY2021Q4 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
5575228 usd
CY2021Q1 cik0001794776 Net Investments Incomeloss
NetInvestmentsIncomeloss
6037748 usd
CY2021Q2 cik0001794776 Net Investments Incomeloss
NetInvestmentsIncomeloss
4196204 usd
CY2021Q3 cik0001794776 Net Investments Incomeloss
NetInvestmentsIncomeloss
4909917 usd
CY2021Q4 cik0001794776 Net Investments Incomeloss
NetInvestmentsIncomeloss
7690372 usd
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1132657 usd
CY2021Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2712837 usd
CY2021Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
489555 usd
CY2021Q4 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
418214 usd
CY2021Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-1826413 usd
CY2021Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-1871880 usd
CY2021Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-673345 usd
CY2021Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-4156148 usd
CY2021Q1 us-gaap Investment Company Tax Return Of Capital Distribution
InvestmentCompanyTaxReturnOfCapitalDistribution
5343992 usd
CY2021Q2 us-gaap Investment Company Tax Return Of Capital Distribution
InvestmentCompanyTaxReturnOfCapitalDistribution
5037161 usd
CY2021Q3 us-gaap Investment Company Tax Return Of Capital Distribution
InvestmentCompanyTaxReturnOfCapitalDistribution
4726127 usd
CY2021Q4 us-gaap Investment Company Tax Return Of Capital Distribution
InvestmentCompanyTaxReturnOfCapitalDistribution
3952438 usd
CY2021Q1 us-gaap Impairment Effect On Earnings Per Share After Tax
ImpairmentEffectOnEarningsPerShareAfterTax
20.57
CY2021Q2 us-gaap Impairment Effect On Earnings Per Share After Tax
ImpairmentEffectOnEarningsPerShareAfterTax
20.65
CY2021Q3 us-gaap Impairment Effect On Earnings Per Share After Tax
ImpairmentEffectOnEarningsPerShareAfterTax
20.7
CY2021Q4 us-gaap Impairment Effect On Earnings Per Share After Tax
ImpairmentEffectOnEarningsPerShareAfterTax
20.06
CY2022Q4 us-gaap Partners Capital Distribution Amount Per Share
PartnersCapitalDistributionAmountPerShare
0.64
CY2022Q4 us-gaap Limited Partners Capital Account Distribution Amount
LimitedPartnersCapitalAccountDistributionAmount
15183248 usd
CY2022Q4 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
6941066 usd
CY2022Q4 cik0001794776 Directors Fees Payable
DirectorsFeesPayable
usd
CY2021 us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
usd
CY2022 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
usd
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23130666 shares
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.22
CY2022 us-gaap Partners Capital Account Return Of Capital
PartnersCapitalAccountReturnOfCapital
usd
CY2021 us-gaap Partners Capital Account Return Of Capital
PartnersCapitalAccountReturnOfCapital
usd
CY2022 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
usd
CY2022Q4 us-gaap Investment Company Distributable Earnings Loss Accumulated Capital Loss Carryforward
InvestmentCompanyDistributableEarningsLossAccumulatedCapitalLossCarryforward
usd
CY2022 dei Amendment Flag
AmendmentFlag
false
CY2022 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2022 dei Entity Central Index Key
EntityCentralIndexKey
0001794776
CY2022Q2 dei Entity Public Float
EntityPublicFloat
0 usd

Files In Submission

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0001213900-23-019265-index-headers.html Edgar Link pending
0001213900-23-019265-index.html Edgar Link pending
0001213900-23-019265.txt Edgar Link pending
0001213900-23-019265-xbrl.zip Edgar Link pending
cik0001794776-20221231.xsd Edgar Link pending
f10k2022ex21-1_palmersquare.htm Edgar Link pending
f10k2022ex31-1_palmersquare.htm Edgar Link pending
f10k2022ex31-2_palmersquare.htm Edgar Link pending
f10k2022ex32-1_palmersquare.htm Edgar Link pending
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f10k2022_palmersquare.htm Edgar Link pending
cik0001794776-20221231_cal.xml Edgar Link unprocessable
cik0001794776-20221231_def.xml Edgar Link unprocessable
cik0001794776-20221231_lab.xml Edgar Link unprocessable
cik0001794776-20221231_pre.xml Edgar Link unprocessable
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f10k2022_palmersquare_htm.xml Edgar Link completed
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