[1]	Investment is non-income producing as of March 31, 2025.
[2]	Investment is on non-accrual status.
[3]	Represents a security with a payment-in-kind component (“PIK”). At the option of the issuer, interest can be paid in cash or cash and PIK. The percentage of PIK shown is the maximum PIK that can be elected by the portfolio company.
[4]	Represents an illiquid investment. At March 31, 2025, 100% of the total fair value of portfolio investments are illiquid. All of the Company’s portfolio investments are generally subject to restrictions on resale as “restricted securities”.
[5]	Represents an investment valued using significant unobservable inputs.
[6]	Non-income producing security.
[7]	Represents an illiquid investment.
[8]	Includes PIK interest.
[9]	Investment is non-income producing as of December 31, 2024.
[10]	Represents an illiquid investment. At December 31, 2024, 100% of the total fair value of portfolio investments are illiquid. All of the Company’s portfolio investments are generally subject to restrictions on resale as “restricted securities.”

PRINCETON CAPITAL CORP 10-Q