10-Q Filing

NEXPOINT CAPITAL, INC. CIK: 1588272 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001193125-23-212420`
Period End Date	20230630
Filing Date	20230814
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	d519505d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 92 Cash Flow Statement 56

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Investments owned at cost	`InvestmentOwnedAtCost`	$47.10M	USD	Point-in-time
Investments owned at cost	`InvestmentOwnedAtCost`	$54.01M	USD	Point-in-time
Preferred stock stated or par value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock stated or par value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investments, fair value disclosure	`InvestmentsFairValueDisclosure`	$48.19M	USD	Point-in-time
Preferred stock shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investments, fair value disclosure	`InvestmentsFairValueDisclosure`	$53.29M	USD	Point-in-time
Preferred stock shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock stated or par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.63M	USD	Point-in-time
Common stock stated or par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Receivable for investments sold	`SecuritiesPurchasedUnderAgreementsToResell`	$3.00K	USD	Point-in-time
Receivable for investments sold	`SecuritiesPurchasedUnderAgreementsToResell`	-	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	9.42M	shares	Point-in-time
Dividends and interest receivable	`DividendsAndInterestReceivable`	$466.40K	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	9.68M	shares	Point-in-time
Dividends and interest receivable	`DividendsAndInterestReceivable`	$220.19K	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	9.68M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	9.86M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	9.42M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$11.18K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$15.90K	USD	Point-in-time
Total assets	`Assets`	$55.25M	USD	Point-in-time
Total assets	`Assets`	$50.84M	USD	Point-in-time
Payable for fund shares repurchased	`SecuritiesSoldUnderAgreementsToRepurchase`	-	USD	Point-in-time
Payable for fund shares repurchased	`SecuritiesSoldUnderAgreementsToRepurchase`	$3.97K	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$175.50K	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$371.74K	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$848.06K	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$870.98K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.31M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.56M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value (25,000,000 shares authorized, 0 shares issued and outstanding)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value (25,000,000 shares authorized, 0 shares issued and outstanding)	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value (200,000,000 shares authorized, 9,422,143 and 9,677,593 shares issued and outstanding, respectively)	`CommonStockValue`	$9.68K	USD	Point-in-time
Common stock, $0.001 par value (200,000,000 shares authorized, 9,422,143 and 9,677,593 shares issued and outstanding, respectively)	`CommonStockValue`	$9.42K	USD	Point-in-time
Paid-in capital in excess of par	`AdditionalPaidInCapital`	$86.95M	USD	Point-in-time
Paid-in capital in excess of par	`AdditionalPaidInCapital`	$85.59M	USD	Point-in-time
Distributable earnings (accumulated loss)	`RetainedEarningsAccumulatedDeficit`	$-36.07M	USD	Point-in-time
Distributable earnings (accumulated loss)	`RetainedEarningsAccumulatedDeficit`	$-33.26M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$49.53M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$53.69M	USD	Point-in-time
Net asset value per share of common stock	`NetAssetValuePerShare`	$5.96	USD	Point-in-time
Net asset value per share of common stock	`NetAssetValuePerShare`	$6.32	USD	Point-in-time
Net asset value per share of common stock	`NetAssetValuePerShare`	$5.26	USD	Point-in-time
Net asset value per share of common stock	`NetAssetValuePerShare`	$5.55	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Interest	`InvestmentIncomeInterest`	$1.05M	USD	2 Qtrs
Interest	`InvestmentIncomeInterest`	$472.46K	USD	1 Quarter
Interest	`InvestmentIncomeInterest`	$486.23K	USD	1 Quarter
Interest	`InvestmentIncomeInterest`	$1.11M	USD	2 Qtrs
Interest paid-in-kind	`PaymentInKindInterestIncome`	$31.36K	USD	1 Quarter
Interest paid-in-kind	`PaymentInKindInterestIncome`	$28.07K	USD	1 Quarter
Interest paid-in-kind	`PaymentInKindInterestIncome`	$134.78K	USD	2 Qtrs
Interest paid-in-kind	`PaymentInKindInterestIncome`	$61.21K	USD	2 Qtrs
Total investment income	`GrossInvestmentIncomeOperating`	$1.10M	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$2.11M	USD	2 Qtrs
Total investment income	`GrossInvestmentIncomeOperating`	$1.73M	USD	2 Qtrs
Total investment income	`GrossInvestmentIncomeOperating`	$918.44K	USD	1 Quarter
Investment advisory fees	`NoninterestExpenseInvestmentAdvisoryFees`	$282.36K	USD	1 Quarter
Investment advisory fees	`NoninterestExpenseInvestmentAdvisoryFees`	$581.63K	USD	2 Qtrs
Investment advisory fees	`NoninterestExpenseInvestmentAdvisoryFees`	$233.00K	USD	1 Quarter
Investment advisory fees	`NoninterestExpenseInvestmentAdvisoryFees`	$498.38K	USD	2 Qtrs
Custodian and accounting service fees	`CustodianAndAccountingServiceFees`	$153.85K	USD	2 Qtrs
Custodian and accounting service fees	`CustodianAndAccountingServiceFees`	$77.54K	USD	1 Quarter
Custodian and accounting service fees	`CustodianAndAccountingServiceFees`	$77.86K	USD	1 Quarter
Custodian and accounting service fees	`CustodianAndAccountingServiceFees`	$154.29K	USD	2 Qtrs
Administration fees	`AdministrativeFeesExpense`	$56.73K	USD	1 Quarter
Administration fees	`AdministrativeFeesExpense`	$99.68K	USD	2 Qtrs
Administration fees	`AdministrativeFeesExpense`	$47.36K	USD	1 Quarter
Administration fees	`AdministrativeFeesExpense`	$116.33K	USD	2 Qtrs
Stock transfer fee	`InvestmentCompanyShareholderServiceFeeExpense`	$52.08K	USD	1 Quarter
Stock transfer fee	`InvestmentCompanyShareholderServiceFeeExpense`	$102.26K	USD	2 Qtrs
Stock transfer fee	`InvestmentCompanyShareholderServiceFeeExpense`	$82.58K	USD	2 Qtrs
Stock transfer fee	`InvestmentCompanyShareholderServiceFeeExpense`	$41.44K	USD	1 Quarter
Audit and tax fees	`AuditAndTaxFees`	$41.51K	USD	1 Quarter
Audit and tax fees	`AuditAndTaxFees`	$79.92K	USD	2 Qtrs
Audit and tax fees	`AuditAndTaxFees`	$40.44K	USD	1 Quarter
Audit and tax fees	`AuditAndTaxFees`	$81.86K	USD	2 Qtrs
Other expenses	`OtherExpenses`	$46.38K	USD	2 Qtrs
Other expenses	`OtherExpenses`	$32.28K	USD	1 Quarter
Other expenses	`OtherExpenses`	$57.88K	USD	2 Qtrs
Other expenses	`OtherExpenses`	$26.15K	USD	1 Quarter
Reports to stockholders	`ReportsToStockholders`	$38.71K	USD	2 Qtrs
Reports to stockholders	`ReportsToStockholders`	$20.92K	USD	1 Quarter
Reports to stockholders	`ReportsToStockholders`	$37.73K	USD	2 Qtrs
Reports to stockholders	`ReportsToStockholders`	$19.50K	USD	1 Quarter
Legal fees	`LegalFees`	$9.71K	USD	1 Quarter
Legal fees	`LegalFees`	$18.90K	USD	2 Qtrs
Legal fees	`LegalFees`	$27.60K	USD	2 Qtrs
Legal fees	`LegalFees`	$9.38K	USD	1 Quarter
Directors' fees	`NoninterestExpenseDirectorsFees`	$7.71K	USD	2 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$3.98K	USD	1 Quarter
Directors' fees	`NoninterestExpenseDirectorsFees`	$10.70K	USD	2 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$5.74K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$569.59K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$1.15M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$1.04M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$508.39K	USD	1 Quarter
Expenses (waived) or recouped by the Adviser	`ExpensesWaivedOrRecoupedByAdviser`	$102.02K	USD	1 Quarter
Expenses (waived) or recouped by the Adviser	`ExpensesWaivedOrRecoupedByAdviser`	$160.71K	USD	2 Qtrs
Expenses (waived) or recouped by the Adviser	`ExpensesWaivedOrRecoupedByAdviser`	$183.87K	USD	2 Qtrs
Expenses (waived) or recouped by the Adviser	`ExpensesWaivedOrRecoupedByAdviser`	$98.95K	USD	1 Quarter
Net expenses	`OperatingExpensesNet`	$994.13K	USD	2 Qtrs
Net expenses	`OperatingExpensesNet`	$857.68K	USD	2 Qtrs
Net expenses	`OperatingExpensesNet`	$470.64K	USD	1 Quarter
Net expenses	`OperatingExpensesNet`	$406.37K	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$629.26K	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$1.12M	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$875.59K	USD	2 Qtrs
Net investment income	`NetInvestmentIncome`	$512.07K	USD	1 Quarter
Net realized and unrealized gains (losses)	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$-3.56M	USD	1 Quarter
Net realized and unrealized gains (losses)	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$-2.90M	USD	2 Qtrs
Net realized and unrealized gains (losses)	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$-1.97M	USD	2 Qtrs
Net realized and unrealized gains (losses)	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$-627.00K	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-114.94K	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-1.78M	USD	2 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-2.93M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-1.09M	USD	2 Qtrs
Net investment income:	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.09	USD	2 Qtrs
Net investment income:	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.05	USD	1 Quarter
Net investment income:	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.06	USD	1 Quarter
Net investment income:	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.11	USD	2 Qtrs
Earnings (loss) per share: Basic	`EarningsPerShareBasic`	$-0.18	USD	2 Qtrs
Earnings (loss) per share: Basic	`EarningsPerShareBasic`	$-0.11	USD	2 Qtrs
Earnings (loss) per share: Basic	`EarningsPerShareBasic`	$-0.29	USD	1 Quarter
Earnings (loss) per share: Basic	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Earnings (loss) per share: Diluted	`EarningsPerShareDiluted`	$-0.29	USD	1 Quarter
Earnings (loss) per share: Diluted	`EarningsPerShareDiluted`	$-0.11	USD	2 Qtrs
Earnings (loss) per share: Diluted	`EarningsPerShareDiluted`	$-0.18	USD	2 Qtrs
Earnings (loss) per share: Diluted	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Weighted average shares outstanding: Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.95M	shares	1 Quarter
Weighted average shares outstanding: Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.64M	shares	2 Qtrs
Weighted average shares outstanding: Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.57M	shares	1 Quarter
Weighted average shares outstanding: Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.97M	shares	2 Qtrs
Weighted average shares outstanding: Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.95M	shares	1 Quarter
Weighted average shares outstanding: Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.97M	shares	2 Qtrs
Weighted average shares outstanding: Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.57M	shares	1 Quarter
Weighted average shares outstanding: Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.64M	shares	2 Qtrs

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net decrease in net assets resulting from operations	`ProfitLoss`	$-1.78M	USD	2 Qtrs
Net decrease in net assets resulting from operations	`ProfitLoss`	$-1.09M	USD	2 Qtrs
Purchases of investment securities	`PurchasesOfInvestmentSecurities`	$-8.15M	USD	2 Qtrs
Purchases of investment securities	`PurchasesOfInvestmentSecurities`	-	USD	2 Qtrs
Payment-in-kind investments	`PaymentInKindInvestments`	$134.78K	USD	2 Qtrs
Payment-in-kind investments	`PaymentInKindInvestments`	$61.21K	USD	2 Qtrs
Proceeds from sales and principal repayments of investment securities	`ProceedsFromSalesAndPrincipalRepaymentsOfInvestmentSecurities`	$3.37M	USD	2 Qtrs
Proceeds from sales and principal repayments of investment securities	`ProceedsFromSalesAndPrincipalRepaymentsOfInvestmentSecurities`	$9.31M	USD	2 Qtrs
Net realized gain (loss) on investments	`RealizedInvestmentGainsLosses`	$-3.77M	USD	2 Qtrs
Net realized gain (loss) on investments	`RealizedInvestmentGainsLosses`	$-3.79M	USD	1 Quarter
Net realized gain (loss) on investments	`RealizedInvestmentGainsLosses`	$265.43K	USD	2 Qtrs
Net realized gain (loss) on investments	`RealizedInvestmentGainsLosses`	$98.33K	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on investments	`UnrealizedGainLossOnInvestments`	$-3.17M	USD	2 Qtrs
Net change in unrealized (appreciation) depreciation on investments	`UnrealizedGainLossOnInvestments`	$1.81M	USD	2 Qtrs
Net change in unrealized (appreciation) depreciation on investments	`UnrealizedGainLossOnInvestments`	$3.17M	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on investments	`UnrealizedGainLossOnInvestments`	$-3.66M	USD	1 Quarter
Amortization of premium/discount, net	`AmortizationOfDebtDiscountPremium`	$-168.78K	USD	2 Qtrs
Amortization of premium/discount, net	`AmortizationOfDebtDiscountPremium`	$-169.46K	USD	2 Qtrs
(Increase) decrease in receivable for investments sold	`IncreaseDecreaseInReceivableForInvestmentsSold`	$-3.00K	USD	2 Qtrs
(Increase) decrease in receivable for investments sold	`IncreaseDecreaseInReceivableForInvestmentsSold`	$986.72K	USD	2 Qtrs
(Increase) decrease in dividends and interest receivable	`IncreaseDecreaseInInterestAndDividendsReceivable`	$-334.60K	USD	2 Qtrs
(Increase) decrease in dividends and interest receivable	`IncreaseDecreaseInInterestAndDividendsReceivable`	$246.20K	USD	2 Qtrs
(Increase) decrease in receivable from Adviser	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$9.80K	USD	2 Qtrs
(Increase) decrease in receivable from Adviser	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$107.00	USD	2 Qtrs
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-4.72K	USD	2 Qtrs
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-5.89K	USD	2 Qtrs
Increase (decrease) in payable for investments purchased	`IncreaseDecreaseInPayableForInvestmentsPurchased`	$-301.37K	USD	2 Qtrs
Increase (decrease) in payable for investments purchased	`IncreaseDecreaseInPayableForInvestmentsPurchased`	-	USD	2 Qtrs
Increase (decrease) in payable to Adviser	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-34.64K	USD	2 Qtrs
Increase (decrease) in payable to Adviser	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-39.13K	USD	2 Qtrs
Increase (decrease) in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$94.00K	USD	2 Qtrs
Increase (decrease) in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-196.24K	USD	2 Qtrs
Net cash flows provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.07M	USD	2 Qtrs
Net cash flows provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.53M	USD	2 Qtrs
Repurchase of common stock, net of payable	`PaymentsForRepurchaseOfCommonStock`	$1.17M	USD	2 Qtrs
Repurchase of common stock, net of payable	`PaymentsForRepurchaseOfCommonStock`	$1.93M	USD	2 Qtrs
Distributions paid in cash	`PaymentsOfDividends`	$1.16M	USD	2 Qtrs
Distributions paid in cash	`PaymentsOfDividends`	$1.18M	USD	2 Qtrs
Net cash flows (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.09M	USD	2 Qtrs
Net cash flows (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.35M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$443.23K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$715.99K	USD	2 Qtrs
Beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.53M	USD	Point-in-time
Beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.07M	USD	Point-in-time
Beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.63M	USD	Point-in-time
Beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.81M	USD	Point-in-time
End of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.53M	USD	Point-in-time
End of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.07M	USD	Point-in-time
End of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.63M	USD	Point-in-time
End of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.81M	USD	Point-in-time
Paid-in-kind interest income	`InterestPaidNet`	$134.78K	USD	2 Qtrs
Paid-in-kind interest income	`InterestPaidNet`	$61.21K	USD	2 Qtrs
Reinvestment of distributions paid	`ReinvestmentOfDistributionsPaid`	$607.36K	USD	2 Qtrs
Reinvestment of distributions paid	`ReinvestmentOfDistributionsPaid`	$574.94K	USD	2 Qtrs
Local and excise taxes paid	`IncomeTaxesPaidNet`	$51.56K	USD	2 Qtrs
Local and excise taxes paid	`IncomeTaxesPaidNet`	$36.57K	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.