Equus Total Return Inc 2025年季度报告

Amendment No. 1 EQUUS TOTAL RETURN, INC. ☐Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter ☐Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. Seedefinition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. ☐If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐Indicate by check mark whether the registrant is a shell company. Yes☐ There were 13,586,173 shares of the registrant’s common stock, $.001 par value, outstanding, as of March 31, 2024. EXPLANATORY NOTE Equus Total Return, Inc. (“Equus” or the “Company”) is filing this Amendment No. 1 on Form 10-Q/A (“Amended 10-Q”)which supersedes and replaces in its entirety the Company’s Quarterly Report on Form 10-Q filed with the Securities and Exchange The sole purpose of this Amended 10-Q is to provide the required Inline XBRL tagging, which was inadvertently omittedfrom the Original Filing.No other changes to the Original Filing have been made. This Amended 10-Q does not reflect events occurring after the Original Filing except as noted above.This Amended 10-Qcontinues to speak as of the date of the Original Filing and the Company has not otherwise updated disclosures contained therein or EQUUS TOTAL RETURN, INC.CONDENSED STATEMENTS OF OPERATIONS EQUUS TOTAL RETURN, INC.CONDENSED STATEMENTS OF CHANGES IN NET ASSETS EQUUS TOTAL RETURN, INC.SCHEDULE OF INVESTMENTSMarch 31, 2024 EQUUS TOTAL RETURN, INC.SCHEDULE OF INVESTMENTS – (Continued) Our portfolio securities are restricted from public sale without prior registration under the Securities Act of 1933 (hereafter,the “Securities Act”). We typically negotiate certain aspects of the method and timing of the disposition of our investment in each As a business development company (“BDC”), we may invest up to 30% of our assets in non-qualifying portfolioinvestments, as permitted by the Investment Company Act of 1940 (the “1940 Act”). Specifically, we may invest up to 30% of ourassets in entities that are not considered “eligible portfolio companies” (as defined in the 1940 Act), including companies locatedoutside of the United States, entities that are operating pursuant to certain exceptions under the 1940 Act, and publicly-traded entitieswith a market capitalization exceeding $250 million. As of March 31, 2024, we had invested 42.1% of our assets in securities ofportfolio companies that constituted qualifying investments under the 1940 Act. As of March 31, 2024, none of our investments are We are classified as a “non-diversified” investment company under the 1940 Act, which means we are not limited in theproportion of our assets that may be invested in the securities of a single user. The value of one segment called “Energy” includes ourtwo remaining portfolio companies and was 91.0% of our net asset value, 42.1% of our total assets and 100% of our investments inportfolio company securities (at fair value) as of March 31, 2024. Changes in business or industry trends or in the financial condition, Our investments in portfolio securities consist of the following types of securities as of March 31, 2024 (in thousands): EQUUS TOTAL RETURN, INC.SCHEDULE OF INVESTMENTS – (Continued)DECEMBER 31, 2023 Our portfolio securities are restricted from public sale without prior registration under the Securities Act of 1933 (hereafter,the “Securities Act”). We typically negotiate certain aspects of the method and timing of the disposition of our investment in each As a business development company (“BDC”), we may invest up to 30% of our assets in non-qualifying portfolioinvestments, as permitted by the Investment Company Act of 1940 (the “1940 Act”). Specifically, we may invest up to 30% of ourassets in entities that are not considered “eligible portfolio companies” (as defined in the 1940 Act), including companies locatedoutside of the United States, entities that are operating pursuant to certain exceptions under the 1940 Act, and publicly-traded entitieswith a market capitalization exceeding $250 million. As of December 31, 2023, we had invested 43.7% of our assets in securities ofportfolio companies that constituted qualifying investments under the 1940 Act. As of December 31, 2023, none of our investments are We are classified as a “non-diversified” investment company under the 1940 Act, which means we are not limited in theproportion of our assets that may be invested in the securities of a single issuer. The value of one segment called “Energy” includes ourtwo remaining portfolio companies and was 70.1% of