10-Q Filing

NEXPOINT CAPITAL, INC. CIK: 1588272 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001193125-23-276929`
Period End Date	20230930
Filing Date	20231114
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	d548910d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 92 Cash Flow Statement 58

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Investments owned at cost	`InvestmentOwnedAtCost`	$54.01M	USD	Point-in-time
Investments owned at cost	`InvestmentOwnedAtCost`	$46.25M	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`	$53.29M	USD	Point-in-time
Investments, fair value disclosure	`InvestmentsFairValueDisclosure`	$47.60M	USD	Point-in-time
Preferred stock shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	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`	$1.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.35M	USD	Point-in-time
Common stock stated or par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Receivable for investments sold	`SecuritiesPurchasedUnderAgreementsToResell`	$674.08K	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 authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	9.36M	shares	Point-in-time
Dividends and interest receivable	`DividendsAndInterestReceivable`	$220.19K	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	9.68M	shares	Point-in-time
Dividends and interest receivable	`DividendsAndInterestReceivable`	$188.28K	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	9.72M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	9.36M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	9.68M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$15.90K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$8.28K	USD	Point-in-time
Total assets	`Assets`	$55.25M	USD	Point-in-time
Total assets	`Assets`	$50.92M	USD	Point-in-time
Payable for investments purchased	`SecuritiesSoldUnderAgreementsToRepurchase`	$582.50K	USD	Point-in-time
Payable for investments purchased	`SecuritiesSoldUnderAgreementsToRepurchase`	-	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$193.30K	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$371.74K	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$842.04K	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$870.98K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.87M	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, 9,356,005 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, 9,356,005 and 9,677,593 shares issued and outstanding, respectively)	`CommonStockValue`	$9.36K	USD	Point-in-time
Paid-in capital in excess of par	`AdditionalPaidInCapital`	$85.24M	USD	Point-in-time
Paid-in capital in excess of par	`AdditionalPaidInCapital`	$86.95M	USD	Point-in-time
Distributable earnings (accumulated loss)	`RetainedEarningsAccumulatedDeficit`	$-36.20M	USD	Point-in-time
Distributable earnings (accumulated loss)	`RetainedEarningsAccumulatedDeficit`	$-33.26M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$49.05M	USD	Point-in-time
Total net assets	`StockholdersEquity`	$53.69M	USD	Point-in-time
Net asset value per share of common stock	`NetAssetValuePerShare`	$5.55	USD	Point-in-time
Net asset value per share of common stock	`NetAssetValuePerShare`	$5.24	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`	$5.60	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Interest	`InvestmentIncomeInterest`	$1.60M	USD	3 Qtrs
Interest	`InvestmentIncomeInterest`	$1.53M	USD	3 Qtrs
Interest	`InvestmentIncomeInterest`	$417.06K	USD	1 Quarter
Interest	`InvestmentIncomeInterest`	$548.86K	USD	1 Quarter
Interest paid-in-kind	`PaymentInKindInterestIncome`	$164.12K	USD	3 Qtrs
Interest paid-in-kind	`PaymentInKindInterestIncome`	$29.34K	USD	1 Quarter
Interest paid-in-kind	`PaymentInKindInterestIncome`	$34.28K	USD	1 Quarter
Interest paid-in-kind	`PaymentInKindInterestIncome`	$95.49K	USD	3 Qtrs
Total investment income	`GrossInvestmentIncomeOperating`	$1.06M	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$993.59K	USD	1 Quarter
Total investment income	`GrossInvestmentIncomeOperating`	$3.11M	USD	3 Qtrs
Total investment income	`GrossInvestmentIncomeOperating`	$2.79M	USD	3 Qtrs
Investment advisory fees	`NoninterestExpenseInvestmentAdvisoryFees`	$705.65K	USD	3 Qtrs
Investment advisory fees	`NoninterestExpenseInvestmentAdvisoryFees`	$836.63K	USD	3 Qtrs
Investment advisory fees	`NoninterestExpenseInvestmentAdvisoryFees`	$255.00K	USD	1 Quarter
Investment advisory fees	`NoninterestExpenseInvestmentAdvisoryFees`	$207.27K	USD	1 Quarter
Custodian and accounting service fees	`CustodianAndAccountingServiceFees`	$232.70K	USD	3 Qtrs
Custodian and accounting service fees	`CustodianAndAccountingServiceFees`	$77.27K	USD	1 Quarter
Custodian and accounting service fees	`CustodianAndAccountingServiceFees`	$78.41K	USD	1 Quarter
Custodian and accounting service fees	`CustodianAndAccountingServiceFees`	$231.11K	USD	3 Qtrs
Administration fees	`AdministrativeFeesExpense`	$146.99K	USD	3 Qtrs
Administration fees	`AdministrativeFeesExpense`	$47.31K	USD	1 Quarter
Administration fees	`AdministrativeFeesExpense`	$171.81K	USD	3 Qtrs
Administration fees	`AdministrativeFeesExpense`	$55.48K	USD	1 Quarter
Stock transfer fee	`InvestmentCompanyShareholderServiceFeeExpense`	$53.80K	USD	1 Quarter
Stock transfer fee	`InvestmentCompanyShareholderServiceFeeExpense`	$156.06K	USD	3 Qtrs
Stock transfer fee	`InvestmentCompanyShareholderServiceFeeExpense`	$124.14K	USD	3 Qtrs
Stock transfer fee	`InvestmentCompanyShareholderServiceFeeExpense`	$41.56K	USD	1 Quarter
Audit and tax fees	`AuditAndTaxFees`	$41.18K	USD	1 Quarter
Audit and tax fees	`AuditAndTaxFees`	$44.07K	USD	1 Quarter
Audit and tax fees	`AuditAndTaxFees`	$123.03K	USD	3 Qtrs
Audit and tax fees	`AuditAndTaxFees`	$123.99K	USD	3 Qtrs
Other expenses	`OtherExpenses`	$25.48K	USD	1 Quarter
Other expenses	`OtherExpenses`	$83.36K	USD	3 Qtrs
Other expenses	`OtherExpenses`	$69.86K	USD	3 Qtrs
Other expenses	`OtherExpenses`	$36.08K	USD	1 Quarter
Reports to stockholders	`ReportsToStockholders`	$60.64K	USD	3 Qtrs
Reports to stockholders	`ReportsToStockholders`	$63.32K	USD	3 Qtrs
Reports to stockholders	`ReportsToStockholders`	$21.93K	USD	1 Quarter
Reports to stockholders	`ReportsToStockholders`	$25.59K	USD	1 Quarter
Legal fees	`LegalFees`	$13.46K	USD	1 Quarter
Legal fees	`LegalFees`	$28.53K	USD	3 Qtrs
Legal fees	`LegalFees`	$9.63K	USD	1 Quarter
Legal fees	`LegalFees`	$53.66K	USD	3 Qtrs
Directors' fees	`DirectorsFees`	$-1.47K	USD	1 Quarter
Directors' fees	`DirectorsFees`	$9.23K	USD	3 Qtrs
Directors' fees	`DirectorsFees`	$4.42K	USD	1 Quarter
Directors' fees	`DirectorsFees`	$12.13K	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$562.65K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$473.81K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$1.72M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$1.52M	USD	3 Qtrs
Expenses (waived) or recouped by the Adviser	`ExpensesWaivedOrRecoupedByAdviser`	$285.38K	USD	3 Qtrs
Expenses (waived) or recouped by the Adviser	`ExpensesWaivedOrRecoupedByAdviser`	$124.67K	USD	1 Quarter
Expenses (waived) or recouped by the Adviser	`ExpensesWaivedOrRecoupedByAdviser`	$96.67K	USD	1 Quarter
Expenses (waived) or recouped by the Adviser	`ExpensesWaivedOrRecoupedByAdviser`	$280.54K	USD	3 Qtrs
Net expenses	`OperatingExpensesNet`	$377.14K	USD	1 Quarter
Net expenses	`OperatingExpensesNet`	$437.98K	USD	1 Quarter
Net expenses	`OperatingExpensesNet`	$1.43M	USD	3 Qtrs
Net expenses	`OperatingExpensesNet`	$1.23M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$1.68M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$555.61K	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$681.63K	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$1.56M	USD	3 Qtrs
Net realized and unrealized gains (losses)	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$-1.95M	USD	3 Qtrs
Net realized and unrealized gains (losses)	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$-3.21M	USD	1 Quarter
Net realized and unrealized gains (losses)	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$22.83K	USD	1 Quarter
Net realized and unrealized gains (losses)	`InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency`	$-6.11M	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-4.44M	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-388.29K	USD	3 Qtrs
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$-2.65M	USD	1 Quarter
Net increase (decrease) in net assets resulting from operations	`NetIncomeLoss`	$704.46K	USD	1 Quarter
Net investment income:	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.16	USD	3 Qtrs
Net investment income:	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.06	USD	1 Quarter
Net investment income:	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.17	USD	3 Qtrs
Net investment income:	`InvestmentCompanyInvestmentIncomeLossPerShare`	$0.07	USD	1 Quarter
Earnings (loss) per share: Basic	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Earnings (loss) per share: Basic	`EarningsPerShareBasic`	$-0.27	USD	1 Quarter
Earnings (loss) per share: Basic	`EarningsPerShareBasic`	$-0.04	USD	3 Qtrs
Earnings (loss) per share: Basic	`EarningsPerShareBasic`	$-0.45	USD	3 Qtrs
Earnings (loss) per share: Diluted	`EarningsPerShareDiluted`	$-0.27	USD	1 Quarter
Earnings (loss) per share: Diluted	`EarningsPerShareDiluted`	$-0.45	USD	3 Qtrs
Earnings (loss) per share: Diluted	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Earnings (loss) per share: Diluted	`EarningsPerShareDiluted`	$-0.04	USD	3 Qtrs
Weighted average shares outstanding: Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.58M	shares	3 Qtrs
Weighted average shares outstanding: Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.88M	shares	1 Quarter
Weighted average shares outstanding: Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.47M	shares	1 Quarter
Weighted average shares outstanding: Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.94M	shares	3 Qtrs
Weighted average shares outstanding: Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.47M	shares	1 Quarter
Weighted average shares outstanding: Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.94M	shares	3 Qtrs
Weighted average shares outstanding: Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.58M	shares	3 Qtrs
Weighted average shares outstanding: Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.88M	shares	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net decrease in net assets resulting from operations	`ProfitLoss`	$-4.44M	USD	3 Qtrs
Net decrease in net assets resulting from operations	`ProfitLoss`	$-388.29K	USD	3 Qtrs
Purchases of investment securities	`PurchasesOfInvestmentSecurities`	$-8.15M	USD	3 Qtrs
Purchases of investment securities	`PurchasesOfInvestmentSecurities`	$-2.58M	USD	3 Qtrs
Payment-in-kind investments	`PaymentInKindInvestments`	$95.49K	USD	3 Qtrs
Payment-in-kind investments	`PaymentInKindInvestments`	$164.12K	USD	3 Qtrs
Proceeds from sales and principal repayments of investment securities	`ProceedsFromSalesAndPrincipalRepaymentsOfInvestmentSecurities`	$9.36M	USD	3 Qtrs
Proceeds from sales and principal repayments of investment securities	`ProceedsFromSalesAndPrincipalRepaymentsOfInvestmentSecurities`	$6.62M	USD	3 Qtrs
Net realized (gain) loss on investments	`RealizedInvestmentGainsLosses`	$-242.19K	USD	1 Quarter
Net realized (gain) loss on investments	`RealizedInvestmentGainsLosses`	$-4.02M	USD	3 Qtrs
Net realized (gain) loss on investments	`RealizedInvestmentGainsLosses`	$267.49K	USD	3 Qtrs
Net realized (gain) loss on investments	`RealizedInvestmentGainsLosses`	$2.06K	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on investments	`UnrealizedGainLossOnInvestments`	$-3.21M	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on investments	`UnrealizedGainLossOnInvestments`	$265.03K	USD	1 Quarter
Net change in unrealized (appreciation) depreciation on investments	`UnrealizedGainLossOnInvestments`	$2.07M	USD	3 Qtrs
Net change in unrealized (appreciation) depreciation on investments	`UnrealizedGainLossOnInvestments`	$-6.38M	USD	3 Qtrs
Amortization of premium/discount, net	`AmortizationOfDebtDiscountPremium`	$-254.76K	USD	3 Qtrs
Amortization of premium/discount, net	`AmortizationOfDebtDiscountPremium`	$-194.18K	USD	3 Qtrs
(Increase) decrease in receivable for investments sold	`IncreaseDecreaseInReceivableForInvestmentsSold`	$990.54K	USD	3 Qtrs
(Increase) decrease in receivable for investments sold	`IncreaseDecreaseInReceivableForInvestmentsSold`	$-674.08K	USD	3 Qtrs
(Increase) decrease in dividends and interest receivable	`IncreaseDecreaseInInterestAndDividendsReceivable`	$-31.91K	USD	3 Qtrs
(Increase) decrease in dividends and interest receivable	`IncreaseDecreaseInInterestAndDividendsReceivable`	$-160.95K	USD	3 Qtrs
(Increase) decrease in receivable from Adviser	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$4.45K	USD	3 Qtrs
(Increase) decrease in receivable from Adviser	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$29.21K	USD	3 Qtrs
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-7.63K	USD	3 Qtrs
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-5.72K	USD	3 Qtrs
Increase (decrease) in payable for fund shares repurchased	`IncreaseDecreaseInPayableForFundSharesRepurchased`	-	USD	3 Qtrs
Increase (decrease) in payable for fund shares repurchased	`IncreaseDecreaseInPayableForFundSharesRepurchased`	$8.39K	USD	3 Qtrs
Increase (decrease) in payable for investments purchased	`IncreaseDecreaseInPayableForInvestmentsPurchased`	$582.50K	USD	3 Qtrs
Increase (decrease) in payable for investments purchased	`IncreaseDecreaseInPayableForInvestmentsPurchased`	$-301.37K	USD	3 Qtrs
Increase (decrease) in payable to Adviser	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-60.43K	USD	3 Qtrs
Increase (decrease) in payable to Adviser	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-68.11K	USD	3 Qtrs
Increase (decrease) in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$229.67K	USD	3 Qtrs
Increase (decrease) in accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-178.44K	USD	3 Qtrs
Net cash flows provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.46M	USD	3 Qtrs
Net cash flows provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.01M	USD	3 Qtrs
Repurchase of common stock, net of payable	`PaymentsForRepurchaseOfCommonStock`	$2.33M	USD	3 Qtrs
Repurchase of common stock, net of payable	`PaymentsForRepurchaseOfCommonStock`	$2.56M	USD	3 Qtrs
Distributions paid in cash	`PaymentsOfDividends`	$1.73M	USD	3 Qtrs
Distributions paid in cash	`PaymentsOfDividends`	$1.77M	USD	3 Qtrs
Net cash flows (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.10M	USD	3 Qtrs
Net cash flows (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.29M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$720.91K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-637.19K	USD	3 Qtrs
Beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.63M	USD	Point-in-time
Beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.81M	USD	Point-in-time
Beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.35M	USD	Point-in-time
Beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.17M	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
End of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.35M	USD	Point-in-time
End of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.17M	USD	Point-in-time
Paid-in-kind interest income	`InterestPaidNet`	$95.49K	USD	3 Qtrs
Paid-in-kind interest income	`InterestPaidNet`	$164.12K	USD	3 Qtrs
Reinvestment of distributions paid	`ReinvestmentOfDistributionsPaid`	$906.13K	USD	3 Qtrs
Reinvestment of distributions paid	`ReinvestmentOfDistributionsPaid`	$850.78K	USD	3 Qtrs
Local and excise taxes paid	`IncomeTaxesPaidNet`	$36.57K	USD	3 Qtrs
Local and excise taxes paid	`IncomeTaxesPaidNet`	$40.58K	USD	3 Qtrs

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