At the recent Empower Collaboration event held August 3–6, Sacred Journey Recovery took center stage in a robust conversation around men’s mental health and addiction recovery. Hosted at the intersection of innovation and wellness, the event brought together pioneers in behavioral health, recovery, neuroscience, and holistic well-being. Among a distinguished lineup of presenters, including transformational leaders and behavioral health innovators, Sacred Journey Recovery’s presence underscored the center’s rising profile in the national conversation surrounding men’s substance use and mental health treatment.
The Empower Collaboration, known for creating a platform where heart-led professionals come together to inspire collective change, attracted hundreds of clinicians, coaches, trauma experts, and advocates. Keynote voices such as David Meltzer, a globally recognized entrepreneur and humanitarian, set the tone for a weekend rooted in purpose, transformation, and unity. Meltzer, who has long championed mental health and service as a business cornerstone, shared the stage with leaders like Rachel Graham, founder of Healing Springs Ranch, and Dr. Josh Schwarzbaum, an ER physician focused on trauma-informed care. Each presentation served as a call to action to rethink behavioral health from a multidimensional lens, merging clinical excellence, community-based healing, and personal purpose.
Sacred Journey Recovery contributed to this dialogue by presenting its trailblazing Wolf Therapy initiative. This program has captured attention for its deep therapeutic impact on men healing from substance use disorders and co-occurring trauma. Unlike traditional talk therapy alone, Sacred Journey’s Wolf Therapy sessions leverage the nonverbal, intuitive presence of socialized wolves to help clients confront fears, reconnect to their own power, and rewire patterns of detachment. The wolves, provided in collaboration with the Wolf Education Project, are not only symbols of strength and survival but also partners in the recovery process. When clients come face to face with these majestic animals, it invites them into an encounter that bypasses intellectual defenses and awakens emotional truth.
This program is part of Sacred Journey Recovery’s broader model, which incorporates evidence-based addiction treatment practices such as Dialectical Behavioral Therapy (DBT), Cognitive Behavioral Therapy (CBT), Acceptance and Commitment Therapy (ACT), and Narrative Therapy. Unlike conventional facilities, Sacred Journey interweaves these modalities into real-world experience through adventure therapy, wilderness outings, rites of passage weekends, and brotherhood-based peer support. Based in Vista, California, the center provides a safe space where men are called into deeper self-awareness, radical honesty, and transformative accountability.
As the nation confronts an epidemic of fentanyl, methamphetamine, alcohol, and prescription drug abuse—especially among men who have long felt disconnected from traditional therapeutic models—Sacred Journey is positioning itself as a leader in experiential, masculine-centered recovery. The Empower Collaboration was a fitting venue for this work to be highlighted. At a time when many are questioning the efficacy of outdated treatment systems, the event made it clear that innovation is not only welcome—it is essential.
CEO Drew Anagnostou shared his appreciation for the experience, stating, “We are so grateful to be here at the Empower Collaboration event. Being able to share the stage with amazing thought leaders in the space is humbling and invigorating. Sacred Journey Recovery is poised to bring clinical excellence with holistic healing to men across the United States, based right here in Vista, California. We aim to help men reconnect with their authentic masculinity through outdoor-based adventure therapy, while also leveraging industry-leading technologies like Brain Mapping and cutting-edge therapies.”
With the national spotlight growing brighter on men’s mental health and substance use, Sacred Journey Recovery’s participation in the Empower Collaboration signals that the field is evolving. The presence of wolves in a therapeutic setting may seem unconventional to some, but for those in recovery at Sacred Journey, it is just one of many life-changing encounters on the path to wholeness. As conversations from the August event ripple across the behavioral health landscape, Sacred Journey Recovery remains at the forefront, committed to redefining what meaningful, masculine, and sustainable recovery truly looks like.
Atticus Injury Law has announced that James G. Perry, a seasoned trial attorney from the firm, will speak at an upcoming Strafford CLE webinar. The event, scheduled for August 5, 2025, is titled “RICO Claims Arising From Personal Injuries: Strategic Considerations in Light of Medical Marijuana, Inc. v. Horn.” This webinar is a significant part of Atticus Injury Law upcoming speaking engagement. It will focus on how RICO statutes are being applied in personal injury cases, particularly when third-party criminal actions are involved. Perry’s involvement highlights the firm’s dedication to staying updated on legal shifts that affect personal injury law.
During the webinar, James Perry will share vital insights on how recent legal developments, like the Horn decision, affect strategies in RICO-related personal injury cases. His trial experience and deep knowledge of these challenging cases are expected to add significant value to the discussions. Perry aims to offer strategic advice for handling cases where personal injury claims intersect with third-party criminal activities under the RICO statutes.
Located in Southern California, Atticus Injury Law is highly regarded for its work in personal injury cases. The firm assists clients in areas like Orange County, Los Angeles, and Irvine. For those seeking a personal injury lawyer in Irvine, the firm’s expertise is unmatched.Led by Founding Partner Atticus Wegman, the team includes skilled professionals like Perry, who are well-versed in complex tort and civil RICO cases. This speaking engagement indicates the firm’s ongoing commitment to engaging with and influencing the legal community’s understanding of these complex issues.
“I am honored to be part of this important discussion,” said James Perry. “As personal injury litigation evolves, understanding the implications of newer legal developments like the Horn decision is vital for practitioners. Our team at Atticus Injury Law is committed to staying informed and educating others in the field.”
Perry’s involvement is expected to provide valuable insights, especially to personal injury lawyers looking to enhance their strategies in complex cases. His extensive expertise will benefit legal professionals dealing with RICO statutes and their effects on personal injury matters, including those involving third-party criminal actions.
This speaking engagement fits well with Atticus Injury Law’s values of authenticity and dedication to defending client rights. It also underscores their commitment to advancing legal practice by sharing insights with other attorneys and professionals. By participating in events like this, Atticus Injury Law continues to show leadership in personal injury law, gaining valuable insights into legal advocacy in nuanced areas.
“Our firm believes in a client-centered approach which involves continual learning and sharing knowledge within the legal industry,” said Atticus Wegman, Founding Partner of Atticus Injury Law. “Having someone as experienced as James Perry speak at the conference reinforces our commitment to strive for excellence and uphold our clients’ rights through informed strategies.”
Atticus Injury Law covers a wide range of practice areas, from vehicle-related accidents to premises liability and serious injuries, such as construction accidents and wrongful death. With a presence across multiple communities in Southern California, the firm provides thorough legal support, tackling each case with clarity and dedication.
The upcoming Strafford CLE webinar will offer a thorough look into strategic considerations for personal injury lawyers in Irvine and beyond, adjusting to recent legal changes and frameworks. As Atticus Injury Law continues to engage in essential discussions about current legal challenges, their involvement strengthens their position as experts in navigating the complex intersections of personal injury and criminal law.
By maintaining a clear process that includes protecting rights, conducting investigations, case valuations, and potential trials, Atticus Injury Law makes sure their approach remains comprehensive and client-focused. Their participation in this event promises to inform and influence the personal injury law community, further establishing their role as a leading authority in effectively handling personal injury and RICO claims.
NoRepairCost.com, well-known for its role in the RV warranty sector, has announced a new pricing plan that offers some of the lowest prices for extended RV warranties. With over 30 years in the business, NoRepairCost.com has built its strong reputation on being reliable, clear about what they offer, and delivering exceptional customer service. The company’s services, backed by AM Best A Rated Financial Institutions, include comprehensive RV extended warranties and options for free custom quotes available for all types of recreational vehicles. This new pricing structure reinforces their dedication to protecting the financial investments of RV owners from pricey repair bills, while also raising the standard for quality service.
NoRepairCost.com is making extended warranties more reachable for a wider group of RV owners with this pricing adjustment. This initiative responds to a rising demand for more budget-friendly and flexible coverage as repair costs are on the rise. With their commitment to “Lowest Prices,” NoRepairCost.com lessens the financial pressure faced by RV lovers and strengthens its leading position in the industry.
“Our aim has always been to give our customers the finest coverage without breaking the bank,” says Cory Grant, CEO of NoRepairCost.com. As highlighted in their blog, which includes posts about RV warranties, traveling full-time in an RV with kids, and choosing between budget and luxury RV experiences, “With these new rates, we can offer our policies at the lowest rates available, while ensuring our customers benefit from the best customer service around. We believe this strategy establishes a new benchmark in the RV warranty business, combining financial safeguards with outstanding service.”
This updated pricing strategy is a part of NoRepairCost.com’s ongoing mission to deliver great value across its services, providing broad coverage for components like engines, transmissions, air conditioning, and more. The warranties they offer are backed by AM Best A Rated Financial Institutions, giving RV owners an extra level of assurance.
One standout feature of NoRepairCost.com’s service is the flexibility it provides policyholders. Customers can choose any licensed service center across the U.S. or Canada for repairs, which adds convenience and adaptability that’s not often found in the field. Additionally, the option to transfer or cancel warranties with ease gives extra value, especially for those thinking about selling their RVs. The company’s BBB Accreditation and A+ Rating further attest to their commitment to quality and customer satisfaction.
A key part of NoRepairCost.com’s business approach is its top-level customer service. The company takes pride in its excellent rating, with customer feedback often praising their responsive and well-informed support team. This focus on customer happiness is central to NoRepairCost.com’s commitment to providing the Best Customer Service, a value that’s echoed through their many positive reviews. Many clients highlight the professionalism and dedication of the team, which aligns perfectly with the company’s mission to go beyond customer expectations.
Cory Grant also mentions, “Besides reducing costs, we’ve simplified our claims process to be as free from hassles as possible. This strengthens our service, making sure every interaction leaves our clients feeling secure and supported. We understand choosing an RV warranty is a major decision, and we want to make it as smooth and reassuring as we can.”
Besides the new pricing plan, NoRepairCost.com continues to enhance customer relations through its RV-focused blog and lifestyle newsletter. These platforms provide insights and advice for RV travelers, helping to create a community centered around shared passions and experiences in the RV lifestyle.
In their forward-looking approach, NoRepairCost.com has been growing its presence on social media, connecting with wider audiences and directly engaging with the RV community. This tactic shows the company’s commitment to staying timely and attentive to customer needs in today’s changing market.
NoRepairCost.com’s all-encompassing approach, from offering cost-effective warranty solutions to highlighting first-rate customer service, represents a major step forward in the company’s journey. By focusing on providing affordable options along with great service, NoRepairCost.com is set to lead changes in the industry, making RV extended warranties more accessible and reliable.
Through these recent changes, NoRepairCost.com remains committed to protecting RV owners while building a service model that is both customer-focused and budget-friendly. As RV fans head into 2024, the company’s newly improved pricing and service strategies ensure they remain a trusted partner for RV protection nationwide.
All In Solutions Counseling Center in Boynton Beach has announced that they are expanding their mental health and addiction treatment services. This move is a response to the growing need for support in mental health, addiction recovery, and wellness services in the community. By broadening their services, the center aims to offer more help to those who need professional care.
There’s been a noticeable rise in the demand for mental health services, as more people seek help for issues like anxiety, depression, and substance abuse. To meet this increasing need, the All In Solutions Counseling Center in Boynton Beach is adding more therapy options, specialized programs, and more appointment times. This is part of their effort to better serve community needs.
“We are committed to offering a wide range of treatment options tailored to the unique challenges our clients face,” said a representative from All In Solutions Counseling Center. “By expanding our services, we hope to provide support that fosters healing and growth for our community.”
As part of the expansion, the center is offering new individual and group therapy sessions, specialized workshops, and support groups for different mental health conditions and addiction issues. These new services aim to offer more personalized care and address specific patient needs. Details about their comprehensive medical detox, residential treatment, and other offerings can also be explored on their official website.
The mental health professionals at the center use evidence-based practices designed to promote recovery and long-term wellness. The programs rely on the latest research and clinical practices to ensure that clients receive high-quality care.
In addition, the center is launching a series of community outreach initiatives to raise awareness about mental health and addiction. These initiatives focus on educating the community and reducing the stigma associated with seeking treatment. The center values community involvement and encourages residents to join open forums, workshops, and events to talk about mental health topics.
“The launch of our community outreach programs is an important step in making mental health resources more accessible and reducing societal stigma,” said another representative from All In Solutions Counseling Center. “Our hope is that by providing these tools and information, we can empower individuals to seek the help they need.”
This latest expansion is a reflection of the center’s ongoing dedication to offering diverse and accessible mental health and addiction treatment services. Their wide range of programs and focus on community engagement show their commitment to being a resource for those seeking support. They demonstrate their continued investment in the community’s well-being.
The center’s welcoming atmosphere and experienced staff are ready to support individuals on their journey toward recovery and improvement. With new therapy services, increased community engagement, and educational resources, All In Solutions Counseling Center in Boynton Beach remains dedicated to enhancing the lives of those they serve. As they continue to grow, their goal is to provide comprehensive treatment that encourages wellness and recovery. Visit their site to learn more about integrated family therapy, trauma-focused treatment, and other supportive services they offer.
Digital Bullet Agency is making big moves in the U.S., growing its reach in the AI-driven marketing world. This agency stands out for how it uses AI to boost search engine optimization (SEO), helping real estate investors and agencies strengthen their hold locally. The goal of this expansion is to make their expertise available to more businesses, using advanced AI tools and strategies to amp up digital visibility.
This move follows Digital Bullet’s latest acquisition of REIPilot.ai. This exciting addition is set to boost the agency’s operations, promising better efficiency and more value for their clients. By weaving in cutting-edge technology, Digital Bullet Agency aims to cement its role as a frontrunner in the industry, enhancing their ability to provide full-service SEO solutions that pack a punch.
Keith Dean, a familiar face in the digital marketing scene and a key representative at Digital Bullet Agency, shared his thoughts on this growth. “Our expansion into the U.S. market is a testament to our commitment to delivering top-tier AI-enhanced SEO services,” Dean noted. “We’re always on the hunt to grow our capabilities, and acquiring REIPilot.ai marks an exciting step for us.”
Over the last decade, Digital Bullet Agency has earned a strong reputation for offering effective, data-driven SEO strategies. By tapping into AI technology, the agency crafts tailored marketing approaches that meet each client’s unique needs. Their services include developing comprehensive SEO strategies, creating content that appeals to both search engines and people, and offering specialized video SEO services. These services give businesses practical insights to boost their rankings, increase traffic, and drive conversions.
Digital Bullet Agency is transforming the usual SEO techniques by integrating AI in smart ways. By doing so, they not only enhance human expertise but also encourage strategic and creative thinking amongst their team. This mix of human and AI input leads to a more effective marketing process, bringing continuous improvements from AI insights.
With the tools and processes at their website, businesses can tap into the potential of digital marketing to better engage with their audiences. In today’s business world, having a strong digital presence is crucial, especially as more interactions and engagements go online. Digital Bullet Agency offers three distinct monthly packages—Starter, Most Popular, and Enterprise—to suit businesses of different sizes and goals.
Their presence on LinkedIn further underscores Digital Bullet Agency’s role as a leader in digital marketing. Visit their LinkedIn page at https://uk.linkedin.com/in/digitalbulletagency for more details about the agency’s significant accomplishments and its team’s dedication to service excellence.
Keith Dean shared more about the agency’s mission. “Our mission is to empower businesses with the capabilities they need to thrive in a competitive digital environment,” Dean explained. “Expanding our reach isn’t just about covering more ground; it’s about exploring new tech and partnerships that can offer incredible benefits.”
Looking ahead, Digital Bullet Agency is set on being a game-changer in digital marketing. Their current path positions them to bring advanced SEO solutions and AI applications to businesses wanting to make a big impact online. The U.S. expansion, combined with the REIPilot.ai acquisition, is a major step forward in the agency’s mission to deliver top-notch results and help clients succeed globally. Explore how their innovative AI-driven SEO services can make a difference in any business at https://digitalbulletagency.com/.
Gullco International, a leading manufacturer of welding automation equipment, announces the continued success of mechanized welding solutions in transforming fabrication operations across multiple industries. With over seventy years of specialized expertise in welding technology, the company has established itself as a trusted provider of automated welding carriages, tractors, and custom systems that enable fabricators to achieve superior weld quality while significantly reducing production timeframes compared to traditional manual welding processes.
In many fabrication environments, manual welding inconsistencies can severely limit throughput and profitability. The prevalence of defects like undercut, poor fusion, and porosity often necessitate costly rework, consuming labor hours that could be billed elsewhere. Gullco International understands that every minute spent grinding or repairing welds not only causes delays but also wastes expensive consumables, directly impacting a company’s bottom line. Mechanized welding solutions, with their precise control over torch angle and travel speed, address these issues head-on by significantly reducing the need for repairs, helping fabricators keep projects on schedule and under budget.
Project deadlines are frequently compromised due to the limitations of manual welding, making arc-on time a critical bottleneck. When welders must frequently pause to reposition the torch or recover from fatigue, productivity stalls. Gullco’s mechanized carriages and tractors maintain a consistent welding speed along seams, particularly beneficial on long or complex welds. This steady performance increases arc-on time, enabling fabricators to meet tight deadlines and secure contracts that require reliable and timely completions. By improving operational efficiency, mechanized welding eliminates the domino effect that delays can cause throughout the production chain.
Operator safety remains a paramount concern in welding shops worldwide. The demanding conditions of manual welding—exposure to intense heat, hazardous fumes, and prolonged awkward postures—contribute to both long-term health risks and day-to-day operator fatigue. Gullco International’s mechanized welding solutions protect operators by distancing them from direct arc exposure and reducing ergonomic strain, ensuring both safety and sustained weld quality. This dual benefit fosters a healthier workforce and diminishes accident risks, directly translating to improved morale and lower downtime.
One cornerstone of Gullco’s offering is the KAT® Automation Carriage, a rugged and versatile device capable of handling all-position welding. Whether working vertically, horizontally, or overhead, this carriage maintains flawless torch positioning and speed, thereby removing operator strain and delivering repeatable welds on the most challenging joints. Whether fabricating structural steel components or erecting a tank or ship hull, the KAT® serves as a reliable partner to skilled welders, allowing them to focus on crucial adjustments rather than manual control.
Adopting mechanized welding solutions is not merely an upgrade in equipment; it’s an investment in operational excellence that pays dividends through reduced rework, higher throughput, and improved weld quality and safety. Gullco International provides a seamless process for fabricators to integrate mechanization into their workflows, starting with a consultation to understand specific requirements. The company’s application experts then recommend the precise equipment package that delivers the fastest return on investment and the greatest competitive advantage.
Jeff Zook, Director at Gullco International, emphasizes the company’s dedication to helping fabricators thrive in a challenging market. “Our mission has always been to empower welding professionals by providing mechanized tools that complement their craftsmanship. We know that precision, efficiency, and safety are non-negotiable and strive to deliver equipment that supports these values, enabling shops to produce perfect welds reliably and on schedule,” Zook stated.
As industries evolve and fabrication demands grow increasingly complex, mechanized welding solutions by Gullco International represent a proven path forward. These systems bridge the gap between manual welding’s flexibility and full automation’s rigidity, offering fabricators a balance of control and consistency. The result is a more efficient, profitable, and safer workplace that can confidently meet today’s production challenges and win tomorrow’s jobs.
Fabricators continuing with manual welding alone risk falling behind competitors, suffering from chronic rework, delays, and lost contracts. Embracing Gullco’s mechanized welding technology is a strategic choice that protects profitability, reputation, and workforce wellbeing. By leveraging equipment trusted on the world’s most demanding jobsites, fabricators gain an undeniable advantage in quality, speed, and safety that helps secure long-term success in a competitive landscape.
Gullco International remains committed to partnering with fabricators worldwide, delivering expert support and industry-renowned mechanized welding solutions that unlock new levels of productivity and quality. Through dedication to innovation and customer success, Gullco’s solutions continue to set the standard for mechanized welding excellence that fabricators can depend on every day.
MCLEAN, VA / ACCESS Newswire / August 12, 2025 / Gladstone Investment Corporation (Nasdaq:GAIN) (the “Company”) today announced earnings for its first fiscal quarter ended June 30, 2025. Please read the Company’s Quarterly Report on Form 10-Q, filed today with the U.S. Securities and Exchange Commission (the “SEC”), which is available on the SEC’s website at www.sec.gov or the investors section of the Company’s website at www.gladstoneinvestment.com.
Summary Information: (dollars in thousands, except per share data (unaudited)):
June 30, 2025
March 31, 2025
$
Change
%
Change
For the quarter ended:
Total investment income
$
23,544
$
27,548
$
(4,004
)
(14.5
)%
Total expenses, net (A)
14,456
20,319
(5,863
)
(28.9
)%
Net investment income (A)
9,088
7,229
1,859
25.7
%
Net realized gain
–
20,879
(20,879
)
(100.0
)%
Net unrealized depreciation
(1,316
)
(10,235
)
8,919
(87.1
)%
Net increase in net assets resulting from operations (A)
$
7,772
$
17,873
$
(10,101
)
(56.5
)%
Net investment income per weighted-average common share (A)
$
0.25
$
0.20
$
0.05
25.0
%
Adjusted net investment income per weighted-average common share (B)
$
0.24
$
0.26
$
(0.02
)
(7.7
)%
Net increase in net assets resulting from operations per weighted-average common share (A)
$
0.21
$
0.49
$
(0.28
)
(57.1
)%
Cash distribution per common share from net investment income (C)
$
0.27
$
–
$
0.27
NM
Cash distribution per common share from net realized gains (C)
$
0.51
$
0.24
$
0.27
112.5
%
Weighted-average yield on interest-bearing investments
14.1
%
13.2
%
0.9
%
6.8
%
Total dollars invested
$
62,842
$
14,024
$
48,818
348.1
%
Total dollars repaid and collected from sales and recapitalization of investments
$
4,370
$
117,579
$
(113,209
)
(96.3
)%
Weighted-average shares of common stock outstanding – basic and diluted
36,908,943
36,837,381
71,562
0.2
%
Total shares of common stock outstanding
37,352,676
36,837,381
515,295
1.4
%
As of:
Total investments, at fair value
$
1,036,745
$
979,320
$
57,425
5.9
%
Fair value, as a percent of cost
103.9
%
104.3
%
(0.4
)%
(0.4
)%
Net assets
$
485,304
$
499,084
$
(13,780
)
(2.8
)%
Net asset value per common share
$
12.99
$
13.55
$
(0.56
)
(4.1
)%
Number of portfolio companies
27
25
2
8.0
%
NM = Not Meaningful
(A) Inclusive of $0.2 million, or $0.01 per weighted-average common share, of capital gains-based incentive fees reversed during the three months ended June 30, 2025 and $2.1 million, or $0.06 per weighted-average common share, of capital gains-based incentive fees accrued during the three months ended March 31, 2025, respectively. These fees were accrued in accordance with United States generally accepted accounting principles (“U.S. GAAP”), where such amounts were not contractually due under the terms of the investment advisory agreement for the respective periods. Also see discussion under Non-GAAP Financial Measure – Adjusted Net Investment Income below. (B) See Non-GAAP Financial Measure – Adjusted Net Investment Income, below, for a description of this non-GAAP measure and a reconciliation from Net investment income to Adjusted net investment income, including on a weighted-average per share basis. The Company uses this non-GAAP financial measure internally in analyzing financial results and believes it is useful to investors as an additional tool to evaluate ongoing results and trends for the Company. (C) Estimates of tax characterization made on a quarterly basis may not be representative of the actual tax characterization of distributions for the full year. Estimates made on a quarterly basis are updated as of each interim reporting date.
Highlights for the Quarter: During the quarter ended June 30, 2025, the following significant events occurred:
Portfolio Activity:
In May 2025, we invested $49.5 million in a new portfolio company, Smart Chemical Solutions, LLC (“Smart Chemical”), in the form of $35.7 million of secured first lien debt and $13.8 million of preferred equity. Smart Chemical, headquartered in Midland, Texas, is a leading provider of production chemicals for onshore oil and gas operators throughout the United States.
In May 2025, we invested $12.8 million in a new portfolio company, Sun State Nursery and Landscaping, LLC (“Sun State”), in the form of $9.8 million of secured first lien debt and $3.1 million of preferred equity. Sun State, headquartered in Jacksonville, Florida, is a leading commercial landscaping installation and maintenance provider in the Jacksonville area.
In June 2025, we restructured our investment in PSI Molded Plastics, Inc. As a result of the restructuring, we converted debt with a cost basis of $10.6 million into preferred equity.
Distributions and Dividends:
Paid an $0.08 per common share distribution to common stockholders in each of April, May and June 2025; and
Paid a $0.54 per common share supplemental distribution to common stockholders in June 2025.
At-the-market (“ATM”) Program Activity:
Sold 515,295 shares of our common stock under our common stock ATM program at a weighted-average gross price of $14.23 per share and raised approximately $7.2 million in net proceeds. These sales were above our then-current estimated NAV per share.
First Quarter Results: Net investment income for the quarter ended June 30, 2025 was $9.1 million, or $0.25 per weighted-average common share, compared to net investment income of $7.2 million, or $0.20 per weighted-average common share, for the quarter ended March 31, 2025. This increase was a result of a decrease in total expenses, net of credits, primarily due to a decrease in accruals for capital gains-based incentive fees and income-based incentive fees, a decrease in interest expense and an increase in credits from Adviser, partially offset by a decrease in total investment income in the current quarter.
Total investment income for the quarters ended June 30, 2025 and March 31, 2025 was $23.5 million and $27.5 million, respectively. The decrease quarter over quarter was due to a $3.5 million decrease in success fee income and $0.7 million decrease in dividend income that did not reoccur in the current quarter as the timing of such fee income is variable. These decreases were partially offset by a $0.1 million increase in interest income primarily due to the collection of $1.5 million of past due interest from a portfolio company previously on non-accrual status in the current quarter.
Total expenses, net of credits, for the quarters ended June 30, 2025 and March 31, 2025 was $14.5 million and $20.3 million, respectively. The decrease quarter over quarter was primarily due to a $2.3 million decrease in accruals for capital gains-based incentive fees in the current quarter, as a result of the net impact of realized and unrealized gains and losses, a $2.3 million decrease in income-based incentive fees and a $0.5 million decrease in interest expense due to decreased borrowings on the credit facility. The decrease was also due to a $0.4 million increase in credits from Adviser.
Net asset value per common share as of June 30, 2025 was $12.99, compared to $13.55 as of March 31, 2025. The decrease quarter over quarter was primarily due to $28.8 million, or $0.78 per common share, of distributions paid to common shareholders and $1.3 million, or $0.04 per common share, of net unrealized depreciation on investments and other. These decreases were partially offset by $9.1 million, or $0.25 per common share, of net investment income and $0.01 per common share of net accretive effect of equity offering.
Subsequent Events: After June 30, 2025, the following significant events occurred:
Significant Investment Activity:
In July 2025, we invested $67.6 million in a new portfolio company, Global GRAB Technologies, Inc. (“Global GRAB”), in the form of $46.5 million of secured first lien debt and $21.1 million of preferred equity. Global GRAB, headquartered in Franklin, Tennessee, is a leading provider of turnkey perimeter security and hostile vehicle mitigation systems, serving various government and commercial organizations.
Distributions and Dividends:
In July 2025, our Board of Directors declared the following monthly distributions to common stockholders:
Record Date
Payment Date
Distribution per Common Share
July 21, 2025
July 31, 2025
$
0.08
August 20, 2025
August 29, 2025
0.08
September 22, 2025
September 30, 2025
0.08
Total for the Quarter:
$
0.24
ATM program activity:
Subsequent to June 30, 2025, we sold 866,554 shares of our common stock under our common stock ATM program at a weighted-average gross price of $14.14 per share and raised approximately $12.1 million in net proceeds. These sales were above our then-current estimated NAV per share.
Non-GAAP Financial Measure – Adjusted Net Investment Income: On a supplemental basis, the Company discloses Adjusted net investment income, including on a weighted-average per share basis, which is a financial measure that is calculated and presented on a basis of methodology other than in accordance with GAAP. Adjusted net investment income represents net investment income, excluding capital gains-based incentive fees. The Company uses this non-GAAP financial measure internally in analyzing financial results and believes that this non-GAAP financial measure is useful to investors as an additional tool to evaluate ongoing results and trends for the Company. The Company’s investment advisory agreement provides that a capital gains-based incentive fee is determined and paid annually with respect to realized capital gains (but not unrealized appreciation) to the extent such realized capital gains exceed realized capital losses and unrealized depreciation on investments for such year. However, under GAAP, a capital gains-based incentive fee is accrued if realized capital gains and unrealized appreciation of investments exceed realized capital losses and unrealized depreciation of investments. Refer to Note 4 – Related Party Transactions in our Quarterly Report on Form 10-Q for further discussion. The Company believes that Adjusted net investment income is a useful indicator of operations exclusive of any capital gains-based incentive fees, as net investment income does not include realized or unrealized investment activity associated with the capital gains-based incentive fee.
The following table provides a reconciliation of net investment income (the most comparable GAAP measure) to Adjusted net investment income for the periods presented (dollars in thousands, except per share amounts; unaudited):
For the quarter ended
June 30, 2025
March 31, 2025
Amount
Per Share
Amount
Amount
Per Share
Amount
Net investment income
$
9,088
$
0.25
$
7,229
$
0.20
Capital gains-based incentive fee
(209
)
(0.01
)
2,129
0.06
Adjusted net investment income
$
8,879
$
0.24
$
9,358
$
0.26
Weighted-average shares of common stock outstanding – basic and diluted
36,908,943
36,837,381
Adjusted net investment income may not be comparable to similar measures presented by other companies, as it is a non-GAAP financial measure that is not based on a comprehensive set of accounting rules or principles and therefore may be defined differently by other companies. In addition, Adjusted net investment income should be considered in addition to, not as a substitute for, or superior to, financial measures determined in accordance with GAAP.
Conference Call: The Company will hold its earnings release conference call on Wednesday, August 13, 2025, at 8:30 a.m. Eastern Time. Please call (866) 373-3416 to enter the conference call. An operator will monitor the call and set a queue for any questions. A replay of the conference call will be available through August 20, 2025. To hear the replay, please dial (877) 660-6853 and use the playback conference number 13754185. The replay will be available beginning approximately one hour after the call concludes. The live audio broadcast of the Company’s quarterly conference call will also be available online at www.gladstoneinvestment.com. The event will be archived and available for replay on the Company’s website.
About Gladstone Investment Corporation: Gladstone Investment Corporation is a publicly traded business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States in connection with acquisitions, changes in control and recapitalizations. Information on the business activities of all the Gladstone funds can be found at https://www.gladstonecompanies.com/.
To obtain a paper copy of our Quarterly Report on Form 10-Q, filed today with the SEC, please contact the Company at 1521 Westbranch Drive, Suite 100, McLean, VA 22102, ATTN: Investor Relations. The financial information above is not comprehensive and is without notes, so readers should obtain and carefully review the Company’s Form 10-Q for the quarter ended June 30, 2025, including the notes to the consolidated financial statements contained therein.
The statements in this press release regarding potential future distributions, earnings and operations of the Company are “forward-looking statements.” These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on the Company’s current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or otherwise, except as required by law.
Yonkers, NY – Markhoff & Mittman P.C., a premier construction accident law firm, is calling for enhanced workplace safety measures following a series of ladder-related accidents that continue to threaten construction workers throughout the region. The firm’s attorneys are emphasizing the urgent need for improved safety protocols and comprehensive training programs to address the alarming rate of ladder-related injuries in the construction industry.
Ladders are ubiquitous on construction sites, providing essential access for a wide range of tasks. However, this ubiquity comes at a significant cost. According to the Occupational Safety and Health Administration (OSHA), falls from ladders account for a disturbingly high number of workplace injuries and fatalities in the construction industry. These accidents can result in devastating consequences, including severe fractures, spinal cord injuries, traumatic brain injuries, and in the worst cases, fatal falls.
A recent incident that occurred in April 2024 illustrates the very real dangers facing construction workers. A construction worker in Manhattan suffered a serious accident while performing what should have been a routine task. The worker was on a 4-foot ladder installing tiles when the platform supporting the ladder suddenly gave way. The worker fell backward, sustaining serious injuries to his back and neck. This case underscores a crucial point that even seemingly safe situations involving short ladders can lead to life-altering accidents when proper precautions are not taken.
Brian Mittman, a seasoned attorney at Markhoff & Mittman Yonkers, offered his perspective on this incident. “Construction workers put their lives on the line every day to build and maintain the infrastructure communities rely on. This recent incident highlights a glaring issue in workplace safety standards. The worker was performing a routine task when the platform gave way, leading to severe injuries. It serves as a stark reminder that employers and site managers must ensure that all equipment, including ladders and platforms, are regularly inspected and maintained to prevent such accidents.”
The firm emphasizes that reducing the occurrence of ladder accidents requires commitment from both employers and workers. Key strategies include comprehensive safety training where employers must provide thorough, ongoing training on proper ladder usage and general safety protocols. Regular equipment inspections are essential, as all ladders, platforms, and related equipment should undergo frequent safety checks, with any damaged or worn items immediately repaired or replaced.
Proper setup and usage protocols require workers to be vigilant about following best practices for ladder placement, weight limits, and climbing techniques. Personal protective equipment must be provided to ensure all workers have access to and properly use appropriate safety gear, including non-slip footwear and fall protection equipment when necessary. Clear communication channels should be established for workers to report safety concerns without fear of retaliation.
Construction workers need to understand their legal rights in the event of an accident. When an injury occurs due to negligence or unsafe working conditions, workers have the right to seek compensation that may cover medical expenses, lost wages, pain and suffering, and disability costs.
Navigating the aftermath of a construction accident can be overwhelming. Markhoff & Mittman specializes in providing comprehensive legal support to injured workers. The firm is dedicated to investigating the circumstances of accidents, identifying all potentially liable parties, building strong cases for maximum compensation, handling complex negotiations with insurance companies, and taking cases to trial when necessary.
Brian Mittman emphasizes the firm’s commitment, stating, “At Markhoff & Mittman, the attorneys serve not just as legal counsel but as advocates for the hardworking individuals who build communities. The firm’s goal is to provide the best possible legal representation and support to those affected by construction accidents. The firm believes in holding negligent parties accountable and fighting for the rights of injured workers.”
Ladder-related accidents in construction represent a serious concern that demands immediate attention and ongoing effort. By prioritizing safety measures, providing proper training, and understanding legal rights, the construction industry can work towards a significantly safer environment for all workers.
Construction workers or their families who have been affected by workplace accidents in the Yonkers, NY area are encouraged to contact Markhoff & Mittman for expert legal guidance and support.
Markhoff & Mittman, a premier construction accident law firm located in Yonkers, NY, specializes in representing workers who have suffered injuries on the job. With a deep understanding of the complexities involved in construction accident cases, the firm offers comprehensive legal services to ensure that injured workers receive the compensation they deserve. The dedicated team at Markhoff & Mittman combines extensive legal knowledge with a compassionate approach, guiding clients through the legal process and fighting for their rights against negligent employers and insurance companies.
The attorneys at Markhoff & Mittman have a proven track record of success in handling a wide range of construction accident cases, including falls from heights, scaffold collapses, equipment failures, and exposure to hazardous materials. Their expertise extends to navigating New York’s intricate workers’ compensation laws, as well as pursuing third-party liability claims when another party’s negligence contributed to the accident. By meticulously investigating each case and leveraging their vast resources, the firm ensures that every client receives personalized attention and robust legal representation tailored to their specific circumstances.
Committed to serving the Yonkers community, Markhoff & Mittman not only focuses on securing financial compensation for medical expenses, lost wages, and pain and suffering but also emphasizes the importance of worker safety and advocacy. The firm actively participates in local initiatives and educational programs aimed at preventing workplace accidents and promoting safer construction practices. With a client-centric philosophy and a steadfast dedication to justice, Markhoff & Mittman stands as a pillar of support for injured construction workers in Yonkers, helping them rebuild their lives and secure a safer future.
Go Industries Inc. is bringing something new to the table with its latest product. They’ve launched the Commercial Grade Winch Grille Guard, which is a fresh advancement for truck protection. This grille guard is modular, which means truck lovers can start with the basic setup and then add a winch carrier and brush guards if they need them later. Built tough, it uses 5/16 laser cut steel uprights and 2.5″ 16 gauge steel cross tubes to really shield vehicles.
The CEO of Go Industries shared his enthusiasm: “We’re excited to introduce this new product to our lineup. The Commercial Grade Winch Grille Guard showcases our commitment to quality and innovation in the design and protection of trucks. Our products are crafted to meet the needs of both everyday drivers and those who demand more from their vehicles, especially in challenging environments.”
Installing the new winch grille guard is designed to be straightforward. It comes with custom, heavy-duty brackets that make sure it is super strong and easy to set up. This focus reflects Go Industries’ goal to make products that are practical and user-friendly. For extra personalization, vehicle owners can pick optional brush guards that protect headlights from debris while also boosting the vehicle’s look.
This product isn’t just for one kind of vehicle. It can be customized to fit different truck models and setups. For example, there’s a specific ford expedition winch grille guard designed to perfectly fit and protect the popular model. This high level of customization is crucial, especially for those who take their vehicles off-road where tough conditions demand reliable gear.
Go Industries also offers add-ons like 9.5 or 16.5 winch carriers, greatly enhancing what the vehicle can do. There’s a three-year warranty included, covering materials, workmanship, and finish, which gives customers peace of mind about the product’s durability. Highlighting American craftsmanship, these parts are made in the USA, underscoring the company’s commitment to quality and supporting local manufacturing.
Besides, Go Industries doesn’t just serve regular drivers. They also produce accessories for law enforcement vehicles, aiming to boost both functionality and safety. Their custom manufacturing service is available for clients with unique needs, showing Go Industries’ ability to adapt to various customer demands.
The lead of Product Development at Go Industries added, “Our aim is always to deliver products that meet the highest standards of performance and dependability. With the introduction of the winch grille guard, we are reinforcing our reputation as a leader in truck accessories, providing solutions that our customers can rely on regardless of their vehicle’s purpose.”
For those who want to know more, Go Industries’ website has a full product catalog, installation guides, product details, and videos. This kind of information helps customers make informed choices before buying and setting up their new gear.
Adapting to the changing financial world, Go Industries not only accepts traditional credit card payments but also cryptocurrency. This demonstrates their readiness to adopt modern payment methods, widening their customer reach and showing a blend of technology and product excellence.
The launch of the Commercial Grade Winch Grille Guard represents Go Industries’ strong focus on innovation and customer satisfaction. By constantly improving product technology and their manufacturing process, Go Industries holds its ground as a trusted name in the truck accessories field. Interested buyers can check out their official website for more details or to place an order, making this exciting new addition, including the ford expedition winch grille guard, available to drivers across different terrains and vehicle types.
Cortes Law Firm, located in Oklahoma City, has announced a fresh initiative to help families handle the probate process more smoothly. Known for its expertise in probate, estate planning, and trust administration, the firm is dedicated to educating people about these legal processes in Oklahoma. Through the Cortes Law Firm Press, they keep the community informed with regular updates and insights.
Stephen L. Cortes, the firm’s lead attorney with over two decades of legal experience, stresses how important clear guidance is during the often bewildering probate process. Understanding local probate laws is a key part of how the firm assists families efficiently. “Our goal is to make the probate process easier for families in Oklahoma City,” Cortes said. “We want to support them every step of the way.”
The Cortes Law Firm offers more than just legal services. It is committed to a broader educational mission, aiming to enlighten Oklahoma City residents about the importance of proper estate planning and how Oklahoma probate laws affect them. This mission is vital because estate administration can be complicated within the local legal system. Many families find the probate process overwhelming, due to the legal language and complexities that can create real challenges without the right guidance.
Cortes Law Firm now provides detailed insights into Oklahoma County probate court procedures and state-related laws that affect the execution of wills, trusts, and other important documents. Their approach includes preparing clients thoroughly by creating necessary legal documents and ensuring they are executed correctly. This proactive method aims to reduce disputes among heirs and prevent estates from being mishandled, which could lead to serious legal and financial issues.
Steve Cortes highlighted the firm’s community-centered approach by saying, “We believe in laying a strong foundation. By connecting with our clients and the Oklahoma City community, we aim to build the trust that enables us to work together effectively, ensuring their legacies are preserved.”
Cortes Law Firm Oklahoma City‘s dedication to local residents remains strong, focusing on personalized attention and tailored legal solutions. As they expand their outreach and educational efforts, the firm continues to be a leading authority in probate and estate planning in Oklahoma City. The firm’s published guides and resources are readily accessible, providing in-depth information on topics such as inheritance tax, probate litigation, and choosing executors.
People who want to learn more about these areas can access resources directly on the firm’s website. This is part of a broader digital effort to ensure the community has access to valuable information. The educational materials are enriched with regular updates and informative videos covering both basic and current issues related to probate law and estate planning.
Situated in central Oklahoma City, Cortes Law Firm has established itself as a key player in the local legal field and a supportive partner for clients undertaking the tasks of probate and estate planning. Detailed information about their services and educational resources can be found by visiting their website. The firm’s comprehensive method focuses on carefully titling assets, setting up revocable living trusts, and preparing healthcare power of attorney documents, among other critical services.
For those looking for expert advice and dependable legal support, Cortes Law Firm offers free consultations to answer pressing questions and provide strategic guidance. Prospective clients and others interested in learning more about available services are encouraged to reach out.
Residents of Oklahoma City in need of guidance on probate or estate planning can contact Cortes Law Firm at (405) 213-0856 or visit their website for more information. The Cortes Law Firm Press ensures that the firm’s ongoing efforts to provide detailed legal resources are highlighted, reinforcing its reputation as a trusted source for estate administration and legal advice in Oklahoma.
