NEW YORK, May 8, 2024 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (NASDAQ:WHF) today announced its financial results for the quarter ended March 31, 2024. In addition, the Company's board of directors has declared a distribution of $0.385 per share with respect to the quarter ended March 31, 2024. The distributions will be payable on July 2, 2024 to stockholders of record as of June 18, 2024. Stuart Aronson, WhiteHorse Finance's Chief Executive Officer, commented, "I am pleased to report that WhiteHorse delivered another strong quarter of core net investment income well in excess of our regular dividend. We are seeing balanced activity across our portfolio in terms of credit performance and stability after incurring realized losses and one markdown on an equity investment in which we had no cash basis during the quarter. As the broader lending market has become more aggressive, WhiteHorse continues to underwrite at conservative terms.  Our pipeline level remains high, with opportunities to invest in credits with compelling risk-return characteristics, due in part to our sourcing model, which allows us to source deals in areas of the market where there is less competition. This has allowed us to continue to be conservative in our deal selection and efficiently redeploy capital as repayment activity increases." Summary Information as of March 31, 2024 and December 31, 2023 (unaudited): Three Months Ended Three Months Ended Change ($ in thousands except per share data) March 31, 2024 December 31, 2023 $ % Total investment income $ 25,475 $ 25,633 (158.0) (0.6) Total expenses, including excise tax 14,660 15,029 (369) (2.5) Net investment income and core net investment income(1) 10,815 10,604 211 2.0 Net investment income and core net investment income(1) per share 0.465 0.456 0.009 2.0 Distributions per share 0.385 0.385 - - Net realized gains (losses) (5,634) 340 (5,974) NMF Net unrealized appreciation (depreciation) 788 (7,518) 8,306 (110.5) Net increase in net assets resulting from operations