Oxford Square Capital Corp.

Good morning, everyone, and welcome to the Oxford Square Capital Corp third quarter 2025 earnings conference call. This is Jonathan Cohen, and I'm joined today by Saul Rosenthal, our president, Bruce Rubin, our CFO, and Kevin Yonan, our managing director and portfolio manager. Bruce, could you open the call with a disclosure regarding forward-looking statements?

Sure, Jonathan. Today's conference call is being recorded. An audio replay of the conference call will be available for 30 days. Replay information is included in our press release as issued this morning. Please note that this call is the property of Oxford Square Capital Corp. Any unauthorized rebroadcast of this call in any form is strictly prohibited. At this point, please direct your attention to the customary disclosure in this morning's press release regarding forward-looking information. Today's conference call includes forward-looking statements and projections that reflect the company's current views with respect to, among other things, future events and financial performance. We ask that you refer to our most recent filings with the SEC for important factors that can cause actual results to differ materially from those indicated in these projections. We do not undertake to update our forward-looking statements unless required to do so by law. To obtain copies of our latest SEC filings, please visit our website at www.OxfordSquareCapital.com. With that, I'll turn the presentation back to Jonathan.

Thank you, Bruce. For the quarter ended September, Oxford Square's net investment income was approximately $5.6 million, or 7 cents per share, compared with approximately $5.5 million, or 8 cents per share, in the prior quarter. Our net asset value per share stood at $1.95 compared to a net asset value per share of $2.06 for the prior quarter. During the quarter, we distributed 10.5 cents per share to our common stock shareholders. For the third quarter, we recorded total investment income of approximately $10.2 million as compared to approximately $9.5 million in the prior quarter. In the third quarter, we recorded combined net unrealized and realized losses on investments of approximately $7.5 million, or nine cents per share, compared to combined net unrealized and realized losses on investments of approximately $1.1 million, or one cent per share, for the prior quarter. During the third quarter, our investment activity consisted of purchases of approximately $58.1 million, and repayments of approximately $31.3 million. During the quarter ended September, we issued a total of approximately 5.4 million shares of our common stock pursuant to an at-the-market offering resulting in net proceeds of approximately $11.8 million. During the quarter, we issued $74.8 million of 7.75% unsecured notes due July of 2030, and we fully repaid the remaining balance of $34.8 million of our 6.25% unsecured notes due April of 2026. On October 30th, our Board of Directors declared monthly distributions of 3.5 cents per share for each of the months ending January, February, and March of 2026. Additional details regarding record and payment data information can be found in our press release that was issued this morning. With that, I'll turn the call over to our portfolio manager, Kevin Yonan. Kevin?