10-Q 1 rway-20230930.htm 10-Q 10-Q
Q3false--12-3100016533840001653384Affiliate Investments Warrants Coginiti Corp Warrants for warrant for common stock2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Equipment Moximed, Inc. Series C Preferred Stock Initial Acquisition Date 6/24/2022 Maturity Date 6/24/20322022-12-310001653384rway:SeniorSecuredTermLoansMemberrway:SkillshareIncorporationMember2023-09-300001653384us-gaap:WarrantMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2022-12-310001653384us-gaap:WarrantMemberrway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology SetPoint Medical Corporation Interest Rate SOFR+5.75%, 9.00% floor, 4.00% ETP Initial Acquisition Date 12/29/2022 Maturity Date 12/1/20272023-09-300001653384us-gaap:PreferredStockMembersrt:MinimumMemberus-gaap:FairValueInputsLevel3Memberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberus-gaap:MeasurementInputDiscountRateMember2023-09-300001653384Affiliate Investments Preferred Stocks Health Care Technology2023-09-300001653384us-gaap:LongTermDebtMemberrway:JulyTwoThousandTwentySevenNotesMember2022-07-282022-07-280001653384us-gaap:LongTermDebtMemberrway:TwoThousandTwentySixNotesMember2021-12-100001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Bombora, Inc. Interest Rate SOFR+5.00%, 5.76% floor, 3.75% PIK, 2.00% ETP Initial Acquisition Date 3/31/2021 Maturity Date 3/31/20252023-01-012023-09-300001653384rway:AdministrationAgreementMember2022-01-012022-09-300001653384us-gaap:RetainedEarningsMember2022-09-3000016533842022-02-240001653384rway:Pivot3IncMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Longtail Ad Solutions, Inc. (dba JW Player) Common Stock Initial Acquisition Date 12/12/2019 Maturity Date 12/12/20292022-01-012022-12-310001653384us-gaap:PreferredStockMemberus-gaap:MeasurementInputExpectedTermMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMember2023-09-300001653384us-gaap:WarrantMemberus-gaap:MeasurementInputExpectedTermMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMember2023-09-300001653384Affiliate Investments Common Stocks Application Software Coginiti Corp Initial Acquisition Date 3/9/20202022-12-310001653384us-gaap:TreasuryStockCommonMember2023-06-300001653384us-gaap:InvestmentAffiliatedIssuerControlledMember2022-12-310001653384rway:SecondLienTermLoansMemberrway:EndingFairValueOfInvestmentMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Synack, Inc. Common Stock Initial Acquisition Date 6/30/2022 Maturity Date 6/30/20322023-01-012023-09-300001653384srt:MinimumMemberrway:MeasurementInputOriginationYieldMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMemberus-gaap:MarketApproachValuationTechniqueMember2022-12-310001653384us-gaap:CommonStockMember2022-12-310001653384rway:BeginningFairValueOfInvestmentMemberrway:SecondLienTermLoansMember2023-01-012023-09-300001653384rway:DividendTwentyDeclaredDateMember2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services Snagajob.com, Inc. Series B-1 Preferred Stock Initial Acquisition Date 9/29/2021 Maturity Date 9/29/2032022-12-310001653384rway:InteractionsCorporationMemberrway:SeniorSecuredTermLoansMember2022-12-310001653384rway:TechnologyHardwareStorageAndPeripheralsMember2022-12-310001653384rway:DividendSevenDeclaredDateMember2019-01-012019-12-310001653384us-gaap:DividendDeclaredMember2022-07-012022-09-300001653384srt:MinimumMemberrway:CreditFacilityMember2019-05-312019-05-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans System Software 3PL Central LLC Interest Rate SOFR+4.50%, 6.50 floor, 2.50% PIK, 2.00% ETP Initial Acquisition Date 11/9/2022 Maturity Date 11/9/20272023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Data Processing & Outsourced Services Interactions Corporation Common Stock Initial Acquisition Date 6/24/2022 Maturity Date 6/24/20322022-12-310001653384srt:AffiliatedEntityMemberrway:AdministrationAgreementMemberrway:ThirdPartyServiceProviderMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Technology Hardware, Storage & Peripherals RealWear, Inc. Series A Preferred Stock Initial Acquisition Date 12/28/2018 Maturity Date 12/28/20282022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Fidelis Cybersecurity, Inc. Common Stock Initial Acquisition Date 3/25/2022 Maturity Date 3/25/20322022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Fidelis Cybersecurity, Inc. Interest Rate SOFR+11.00%, 12.00% floor, 2.39% ETP Initial Acquisition Date 3/25/2022 Maturity Date 5/13/20242022-01-012022-12-310001653384rway:CloudPayIncorporationMemberrway:SeniorSecuredTermLoansMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Specialized Consumer Services AllClear ID, Inc. Common Stock Initial Acquisition Date 10/17/2018 Maturity Date 10/17/20282023-01-012023-09-300001653384us-gaap:PreferredStockMemberrway:PaidInKindInterestOfInvestmentMember2023-01-012023-09-300001653384us-gaap:WarrantMembersrt:MinimumMemberus-gaap:MeasurementInputExpectedTermMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Biotechnology Mustang Bio, Inc. Interest Rate SOFR+8.75%, 9.25% floor, 3.50% ETP Initial Acquisition Date 3/4/2022 Maturity Date 4/15/20272022-12-310001653384rway:SalesOrRepaymentsOfInvestmentsMember2023-01-012023-09-300001653384us-gaap:WarrantMemberrway:AmortizationOfFixedIncomePremiumsOrAccretionOfDiscountsMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet & Direct Marketing Retail Marley Spoon SE Interest Rate SOFR+7.50%, 8.26% floor,PIK, 9.26% floor Initial Acquisition Date 6/30/2021 Maturity Date 6/15/20262023-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks Technology Hardware, Storage & Peripherals zSpace, Inc. Common Stock Initial Acquisition Date 12/31/20202023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Nalu Medical, Inc. Series D-2 Preferred Stock Initial Acquisition Date 10/12/2022 Maturity Date 10/12/20322022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Allurion Technologies, Inc. Series C Preferred Stock Initial Acquisition Date 3/30/2021 Maturity Date 3/30/20312022-12-310001653384rway:CreditFacilityMember2022-01-012022-09-300001653384us-gaap:CashEquivalentsMember2023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:PreferredStockMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRevenueMultipleMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMember2022-12-310001653384rway:OverheadAllocationExpenseMemberrway:AdministrationAgreementMember2022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services CloudPay, Inc. Series D Preferred Stock Initial Acquisition Date 8/17/2021 Maturity Date 8/17/20312022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Preferred Stocks Application Software Aria Systems, Inc. Series G Preferred Stock Initial Acquisition Date 7/10/20182022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Allurion Technologies, Inc. Common Stock Initial Acquisition Date 3/30/2021 Maturity Date 1/22/20252023-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks Technology Hardware, Storage & Peripherals zSpace, Inc. Common Stock Initial Acquisition Date 12/31/20202023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services CloudPay, Inc. Series D Preferred Stock Initial Acquisition Date 6/30/2023 Maturity Date 6/30/20232023-09-300001653384rway:EndingFairValueOfInvestmentMemberrway:SeniorSecuredTermLoansMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Second Lien Term Loans System Software Dejero Labs Inc. Interest Rate SOFR+5.00%, 5.50 floor, 5.00% PIK, 3.00% ETP Initial Acquisition Date 12/22/2021 Maturity Date 12/22/20252023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:PlCentralLimitedLiabilityCompanyMember2023-09-300001653384rway:BorrowingMemberrway:DecemberTwoThousandTwentySixNotesMember2023-09-300001653384us-gaap:LongTermDebtMemberrway:DecemberTwoThousandTwentySixNotesMember2023-01-012023-09-300001653384rway:DeferredPaymentsMemberrway:AdvisoryAgreementMember2022-07-012022-09-300001653384us-gaap:AdditionalPaidInCapitalMember2021-12-310001653384us-gaap:AdditionalPaidInCapitalMember2022-01-012022-09-300001653384rway:DividendFifteenDeclaredDateMember2021-01-012021-12-310001653384rway:BorrowingMemberrway:DecemberTwoThousandTwentySevenNotesMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet & Direct Marketing Retail2023-09-300001653384srt:MinimumMemberrway:AdvisoryAgreementMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet & Direct Marketing Retail Madison Reed, Inc. Success Fee Initial Acquisition Date 12/16/20222023-09-300001653384Affiliate Investments Warrants2022-12-310001653384rway:HealthCareEquipmentMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Route 92 Medical, Inc. Success Fee Initial Acquisition Date 8/17/2021 Maturity Date 8/17/20312022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans2022-12-310001653384rway:NetAssetsMemberus-gaap:CreditConcentrationRiskMember2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services2023-09-300001653384rway:SecondLienTermLoansMemberrway:NetChangeInUnrealizedGainLossOnLevel3InvestmentsStillHeldMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet & Direct Marketing Retail Madison Reed, Inc. Interest Rate PRIME+4.75%, 11.00% floor, 3.00% ETP Initial Acquisition Date 12/16/2022 Maturity Date 12/16/20262022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Property & Casualty Insurance2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services Elevate Services, Inc. Interest Rate SOFR+7.50%, 12.78% floor, Initial Acquisition Date 7/10/2023 Maturity Date 7/10/20272023-09-300001653384us-gaap:SubsequentEventMember2023-11-022023-11-020001653384rway:DividendElevenDeclaredDateMember2020-01-012020-12-310001653384Affiliate Investments Warrants Application Software2022-12-310001653384rway:ChangeInUnrealizedAppreciationDepreciationOfInvestmentMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software FiscalNote, Inc. Earnout Initial Acquisition Date 7/29/2022 Maturity Date 7/29/20272022-12-310001653384rway:AprilTwoThousandTwentySixNotesMember2023-07-012023-09-300001653384Non-Control/Non-Affiliate Investments Preferred Stocks Health Care Technology2022-12-310001653384rway:DecemberTwoThousandTwentySevenNotesMemberus-gaap:LongTermDebtMember2023-01-012023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:SnagajobComIncorporationMember2022-12-310001653384us-gaap:PreferredStockMemberrway:EndingFairValueOfInvestmentMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Biotechnology Mustang Bio, Inc. Interest Rate SOFR+8.75%, 9.25% floor, 3.50% ETP Initial Acquisition Date 3/4/2022 Maturity Date 4/15/20272022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Application Software Dtex Systems, Inc. Series C-Prime Preferred Stock Initial Acquisition Date 7/11/2019 Maturity Date 7/11/20262022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Allurion Technologies, Inc. Series C Preferred Stock Initial Acquisition Date 3/30/2021 Maturity Date 3/30/20312022-01-012022-12-310001653384us-gaap:LongTermDebtMemberrway:AprilTwoThousandTwentySixNotesMember2023-01-012023-09-300001653384rway:PortfolioInvestmentsMemberrway:SecondLienTermLoansMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384rway:TransfersOutOfLevel3Memberrway:SeniorSecuredTermLoansMember2023-01-012023-09-300001653384us-gaap:SubsequentEventMemberrway:GynesonicsIncMember2023-10-190001653384Non-Control/Non-Affiliate Investments Warrants Application Software Circadence Corporation Series A-6 Preferred Stock Initial Acquisition Date 12/20/2018 Maturity Date 12/20/20282022-01-012022-12-310001653384rway:ElectronicEquipmentAndInstrumentsMember2022-12-3100016533842023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology VERO Biotech LLC Interest Rate SOFR+9.05%, 9.55% floor, 3.00% ETP Initial Acquisition Date 12/29/2020 Maturity Date 12/1/20242022-12-310001653384rway:TechnologyHardwareStorageAndPeripheralsMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Route 92 Medical, Inc. Success Fee Initial Acquisition Date 8/17/2021 Maturity Date 8/17/20312023-09-300001653384us-gaap:CommonStockMember2022-01-012022-09-300001653384Control Investments Senior Secured Term Loans Data Processing & Outsourced Services Pivot3, Inc. LIBOR+8.50% PIK, 11.00% floor, 4.00% ETP Initial Acquisition Date 5/13/2019 Maturity Date 10/15/20232023-01-012023-09-300001653384country:DE2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services2022-12-310001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel2Memberrway:SecondLienTermLoansMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384rway:AdministrationAgreementMemberrway:ThirdPartyServiceProviderMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Equipment2023-09-300001653384Control Investments Senior Secured Term Loans Mojix, Inc Six2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services ShareThis, Inc. Interest Rate SOFR+8.25%, 10.86% floor, 3.00% ETP Initial Acquisition Date 8/18/2020 Maturity Date 7/15/20252022-12-310001653384rway:MeasurementInputOriginationYieldMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMembersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMember2022-12-310001653384Control Investments Warrants Mojix, Inc Two2022-01-012022-12-310001653384us-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology EBR Systems, Inc. Interest Rate PRIME+4.90%, 8.90% floor, 4.50% ETP Initial Acquisition Date 6/30/2022 Maturity Date 6/15/20272023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Biotechnology Mustang Bio, Inc. Common Stock Initial Acquisition Date 3/4/2022 Maturity Date 3/4/20322023-09-300001653384rway:CreditFacilityMember2023-01-012023-06-300001653384Affiliate Investments Preferred Stocks Gynesonics, Inc.2023-01-012023-09-300001653384us-gaap:RetainedEarningsMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services ShareThis, Inc. Interest Rate SOFR+8.25%, 10.86% floor, 3.00% ETP Initial Acquisition Date 8/18/2020 Maturity Date 7/15/20252023-01-012023-09-300001653384Affiliate Investments Common Stocks Application Software Coginiti Corp Initial Acquisition Date 3/9/20202022-01-012022-12-310001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CommonStockMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Electronic Equipment & Instruments Brivo,Inc. Interest Rate SOFR+6.85%, 10.89% floor, 25% of interest PIK, 3.00% ETP Initial Acquisition Date 10/20/2022 Maturity Date 10/20/20272023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Gynesonics, Inc. Series G Convertible Preferred Stock Initial Acquisition Date 11/19/2021 Maturity Date 11/19/20312022-01-012022-12-310001653384Affiliate Investments Senior Secured Term Loans Coginiti Corp2022-01-012022-12-310001653384us-gaap:WarrantMemberus-gaap:MeasurementInputExpectedTermMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMember2022-12-310001653384rway:HumanResourceAndEmploymentServicesMember2022-12-310001653384us-gaap:PreferredStockMembersrt:MaximumMemberus-gaap:MeasurementInputRevenueMultipleMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2023-09-300001653384rway:InternetSoftwareAndServicesMember2022-12-310001653384Control Investments Senior Secured Term Loans Data Processing & Outsourced Services Pivot3, Inc. LIBOR+8.50% PIK, 11.00% floor, 4.00% ETP Initial Acquisition Date 5/13/2019 Maturity Date 10/15/20232023-09-300001653384rway:NetRealizedGainLossOnInvestmentsMemberrway:SeniorSecuredTermLoansMember2022-01-012022-09-300001653384rway:PayableInCashMemberrway:AdvisoryAgreementMember2023-09-300001653384rway:TransfersOutOfLevel3Member2023-01-012023-09-300001653384us-gaap:WarrantMemberrway:PurchasesOfInvestmentsMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Gynesonics, Inc. Interest Rate SOFR+8.75%, 9.25% floor, 3.50% ETP Initial Acquisition Date 12/1/2020 Maturity Date 12/1/20252022-01-012022-12-310001653384srt:MaximumMemberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMemberus-gaap:MeasurementInputDiscountRateMember2022-12-310001653384rway:OverheadAllocationExpenseMemberrway:AdministrationAgreementMember2023-07-012023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:DtexSystemsIncorporationMember2022-12-310001653384us-gaap:WarrantMemberus-gaap:FairValueInputsLevel3Memberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMembersrt:WeightedAverageMemberus-gaap:MeasurementInputDiscountRateMember2022-12-310001653384us-gaap:LongTermDebtMemberrway:DebtInstrumentInitialIssuanceClosedOnDecemberTenTwoThousandTwentyOneMemberrway:TwoThousandTwentySixNotesMember2021-12-100001653384us-gaap:CommonStockMember2023-01-012023-09-300001653384us-gaap:RetainedEarningsMember2022-07-012022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Equipment Moximed, Inc. Interest Rate PRIME+5.25%, 8.75% floor, 3.50% ETP Initial Acquisition Date 6/24/2022 Maturity Date 7/1/20272023-01-012023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel1Memberrway:SeniorSecuredTermLoansMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology SetPoint Medical Corporation Interest Rate SOFR+5.75%, 9.00% floor, 4.00% ETP Initial Acquisition Date 12/29/2022 Maturity Date 12/1/20272022-01-012022-12-310001653384rway:PaidInKindInterestOfInvestmentMemberrway:SecondLienTermLoansMember2023-01-012023-09-300001653384Control Investments Senior Secured Term Loans Mojix, Inc Five2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services CloudPay, Inc. Series D Preferred Stock Initial Acquisition Date 6/30/2023 Maturity Date 6/30/20232023-01-012023-09-300001653384us-gaap:PreferredStockMemberrway:NetChangeInUnrealizedGainLossOnInvestmentsMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks Application Software2023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:BrivoIncMember2023-09-300001653384Control Investments Senior Secured Term Loans Mojix, Inc One2021-12-310001653384Control Investments, Warrants2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services INRIX, Inc. Common Stock Initial Acquisition Date 7/26/2019 Maturity Date 7/26/20292023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Preferred Stocks Application Software2023-09-300001653384rway:DividendEighteenDeclaredDateMember2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Data Processing & Outsourced Services ShareThis, Inc. Series D-3 Preferred Stock Initial Acquisition Date 12/3/2018 Maturity Date 12/3/20282023-01-012023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:MadisonReedIncorporationMember2023-09-300001653384rway:AdministrationAgreementMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants System Software Scale Computing, Inc. Common Stock Initial Acquisition Date 3/29/2019 Maturity Date 3/29/20292023-01-012023-09-300001653384us-gaap:InvestmentAffiliatedIssuerControlledMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Second Lien Term Loans2022-12-310001653384Affiliate Investments Senior Secured Term Loans Gynesonics, Inc.2023-09-300001653384us-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:MaximumMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMemberus-gaap:MeasurementInputDiscountRateMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software Circadence Corporation Interest Rate SOFR+9.50% PIK, 12.26% floor, 7.50% ETP Initial Acquisition Date 12/20/2018 Maturity Date 12/15/20232023-09-300001653384us-gaap:InvestmentUnaffiliatedIssuerMember2023-09-300001653384rway:PurchasesOfInvestmentsMemberus-gaap:CommonStockMember2022-01-012022-09-300001653384us-gaap:CommonStockMember2021-12-310001653384rway:PurchasesOfInvestmentsMember2022-01-012022-09-300001653384us-gaap:ValuationTechniqueDiscountedCashFlowMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Member2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Longtail Ad Solutions, Inc. (dba JW Player) Common Stock Initial Acquisition Date 12/12/2019 Maturity Date 12/12/20292023-09-300001653384rway:OaktreeCapitalManagementLimitedPartnershipMemberrway:SharesSubjectToProxyVotingMember2023-01-012023-09-300001653384rway:BorrowingMember2023-09-300001653384rway:CreditFacilityMember2023-07-012023-09-300001653384us-gaap:DividendDeclaredMember2023-07-012023-09-300001653384rway:DividendTenDeclaredDateMember2020-01-012020-12-310001653384rway:NetChangeInUnrealizedGainLossOnInvestmentsMemberrway:SeniorSecuredTermLoansMember2023-01-012023-09-300001653384rway:JulyTwoThousandTwentySevenNotesMember2022-07-012022-09-300001653384us-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:MaximumMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services Elevate Services, Inc. Interest Rate SOFR+7.50%, 12.78% floor, Initial Acquisition Date 7/10/2023 Maturity Date 7/10/20272023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology VERO Biotech LLC Interest Rate SOFR+9.05%, 9.55% floor, 3.00% ETP Initial Acquisition Date 12/29/2020 Maturity Date 12/1/20242023-09-300001653384us-gaap:SubsequentEventMemberrway:BrivoIncMember2023-10-062023-10-060001653384us-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:MinimumMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology CareCloud, Inc. Common Stock Initial Acquisition Date 1/8/2022 Maturity Date 1/8/20232022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Property & Casualty Insurance Kin Insurance, Inc. Series D-3 Preferred Stock Initial Acquisition Date 8/5/2023 Maturity Date 8/25/20332023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Nalu Medical, Inc. Interest Rate PRIME+2.70%, 6.70% floor, 2.00% PIK, 4.50% ETP Initial Acquisition Date 10/12/2022 Maturity Date 10/12/20272023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Bombora, Inc. Common Stock Initial Acquisition Date 3/31/2021 Maturity Date 3/31/20312023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Synack, Inc. Common Stock Initial Acquisition Date 6/30/2022 Maturity Date 6/30/20322023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Equipment Revelle Aesthetics, Inc. Series A-2 Preferred Stock Initial Acquisition Date 3/30/2022 Maturity Date 3/30/30322023-01-012023-09-300001653384us-gaap:SubsequentEventMemberrway:BettermentHoldingsIncMember2023-10-060001653384us-gaap:WarrantMemberrway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384rway:NetChangeInUnrealizedGainLossOnLevel3InvestmentsStillHeldMemberrway:SeniorSecuredTermLoansMember2022-01-012022-09-300001653384rway:OverheadAllocationExpenseMemberrway:AdministrationAgreementMember2022-01-012022-09-300001653384us-gaap:CreditConcentrationRiskMemberrway:FairValueOfInvestmentsMember2023-01-012023-09-300001653384srt:ParentCompanyMember2021-03-240001653384Non-Control/Non-Affiliate Investments Warrants Electronic Equipment & Instruments2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services ShareThis, Inc. Interest Rate SOFR+8.25%, 10.86% floor, 3.00% ETP Initial Acquisition Date 8/18/2020 Maturity Date 7/15/20252023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology SetPoint Medical Corporation Series B Preferred Stock Initial Acquisition Date 6/29/2021 Maturity Date 6/29/20312022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Equipment Moximed, Inc. Interest Rate PRIME+5.25%, 8.75% floor, 3.50% ETP Initial Acquisition Date 6/24/2022 Maturity Date 7/1/20272023-09-300001653384rway:NonQualifyingAssetsAtFairValueMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Electronic Equipment & Instruments Brivo,Inc. Interest Rate SOFR+6.85%, 10.89% floor, 25% of interest PIK, 3.00% ETP Initial Acquisition Date 10/20/2022 Maturity Date 10/20/20272023-01-012023-09-300001653384Affiliate Investments Warrants Application Software Coginiti Corp Common Stock Initial Acquisition Date 3/9/2020 Maturity Date 3/9/20302023-01-012023-09-300001653384Affiliate Investments Preferred Stocks Health Care Technology Gynesonics, Inc. Series A-2 Preferred Stock Initial Acquisition Date 3/1/20232023-09-300001653384rway:DividendEightDeclaredDateMember2019-01-012019-12-310001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRevenueMultipleMembersrt:MinimumMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Nalu Medical, Inc. Interest Rate PRIME+2.70%, 6.70% floor, 2.00% PIK, 4.50% ETP Initial Acquisition Date 10/12/2022 Maturity Date 10/12/20272022-01-012022-12-310001653384rway:USPrimeRateMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Internet & Direct Marketing Retail Madison Reed, Inc. Success Fee Initial Acquisition Date 12/16/20222022-01-012022-12-310001653384rway:CreditFacilityMember2023-09-300001653384Affiliate Investments Warrants Coginiti Corp2022-12-310001653384rway:SalesOrRepaymentsOfInvestmentsMemberrway:SeniorSecuredTermLoansMember2023-01-012023-09-300001653384rway:DividendTwentySevenDeclaredDateMember2023-01-012023-09-300001653384rway:BorrowingMemberrway:JulyTwoThousandTwentySevenNotesMember2023-09-300001653384Control Investments Senior Secured Term Loans Mojix, Inc Six2021-12-310001653384Non-Control/Non-Affiliate Investments Common Stocks Application Software FiscalNote, Inc. Initial Acquisition Date 10/19/20202022-12-310001653384us-gaap:WarrantMemberrway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384rway:NetChangeInUnrealizedGainLossOnLevel3InvestmentsStillHeldMemberus-gaap:CommonStockMember2022-01-012022-09-300001653384us-gaap:LongTermDebtMemberrway:JulyTwoThousandTwentySevenNotesMember2023-01-012023-09-300001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRevenueMultipleMemberus-gaap:FairValueInputsLevel3Memberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMembersrt:WeightedAverageMember2023-09-300001653384Non-Control/Non-Affiliate Investments Preferred Stocks Health Care Technology2023-09-300001653384rway:AdvisoryAgreementMember2023-09-300001653384rway:TwoThousandTwentySevenNotesMemberus-gaap:UnsecuredDebtMember2023-09-300001653384Control Investments Preferred Stocks2021-12-310001653384us-gaap:SubsequentEventMember2023-11-020001653384us-gaap:WarrantMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MeasurementInputPriceVolatilityMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology SetPoint Medical Corporation Series B Preferred Stock Initial Acquisition Date 12/29/2022 Maturity Date 12/29/20322023-01-012023-09-300001653384us-gaap:SubsequentEventMemberrway:SnagajobIncMember2023-10-260001653384rway:Pivot3IncMemberrway:OriginalIssueDiscountAccretionInterestIncomeMember2022-01-012022-12-310001653384rway:CreditFacilityMember2022-07-012022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Nalu Medical, Inc. Interest Rate PRIME+2.70%, 6.70% floor, 2.00% PIK, 4.50% ETP Initial Acquisition Date 10/12/2022 Maturity Date 10/12/20272023-09-300001653384Control Investments2021-12-310001653384rway:SecondPrivateOfferingMember2019-01-012019-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet & Direct Marketing Retail Marley Spoon AG Interest Rate SOFR+8.50%, 1.25% PIK, 9.26% floor Initial Acquisition Date 6/30/2021 Maturity Date 6/15/20252022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Electronic Equipment & Instruments Epic IO Technologies, Inc. Success fee Initial Acquisition Date 12/17/2021 Maturity Date 12/17/20242022-12-310001653384rway:SeniorSecuredTermLoansMemberrway:EBRSystemsIncorporationMember2022-12-310001653384Non-Control/Non-Affiliate Investments2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants System Software Dejero Labs Inc. Common Stock Initial Acquisition Date 5/31/2019 Maturity Date 5/31/20292023-09-300001653384us-gaap:DividendDeclaredMember2023-01-012023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:PreferredStockMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384rway:PaidInKindInterestOfInvestmentMemberrway:SeniorSecuredTermLoansMember2023-01-012023-09-3000016533842021-12-310001653384rway:PayableInCashMemberrway:AdvisoryAgreementMember2022-07-012022-09-300001653384rway:RDavidSprengMember2015-10-012015-10-310001653384us-gaap:USTreasurySecuritiesMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services Snagajob.com, Inc. Series B-1 Preferred Stock Initial Acquisition Date 9/29/2021 Maturity Date 9/29/2032022-01-012022-12-310001653384Affiliate Investments Warrants Coginiti Corp2022-01-012022-12-310001653384rway:AdvisoryAgreementMember2023-01-012023-09-300001653384Control Investments Senior Secured Term Loans Mojix, Inc Two2022-01-012022-12-310001653384Control Investments Senior Secured Term Loans Mojix, Inc Five2021-12-310001653384Control Investments Senior Secured Term Loans2021-12-310001653384rway:DividendFourDeclaredDateMember2023-01-012023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384rway:LondonInterBankOfferedRateMember2022-12-310001653384us-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Specialized Consumer Services Credit Sesame, Inc. Common Stock Initial Acquisition Date 1/7/2020 Maturity Date 1/7/20302023-01-012023-09-300001653384us-gaap:IPOMember2021-10-252021-10-250001653384rway:WesternUnitedStatesMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Technology Hardware, Storage & Peripherals RealWear, Inc. Series A Preferred Stock Initial Acquisition Date 10/5/2018 Maturity Date 10/5/20282023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Preferred Stocks Application Software Aria Systems, Inc. Series G Preferred Stock Initial Acquisition Date 7/10/20182023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Second Lien Term Loans System Software Dejero Labs Inc. Interest Rate SOFR+5.00%, 5.50 floor, 5.00% PIK, 3.00% ETP Initial Acquisition Date 12/22/2021 Maturity Date 12/22/20252022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Nalu Medical, Inc. Series D-2 Preferred Stock Initial Acquisition Date 10/12/2022 Maturity Date 10/12/20322022-12-3100016533842022-06-300001653384rway:AugustTwoThousandTwentySevenNotesMemberus-gaap:LongTermDebtMember2022-12-310001653384rway:DividendSevenDeclaredDateMember2023-01-012023-09-300001653384us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRevenueMultipleMemberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMember2022-12-310001653384rway:AugustTwoThousandTwentySevenNotesMemberus-gaap:LongTermDebtMember2022-08-310001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services INRIX, Inc. Common Stock Initial Acquisition Date 7/26/2019 Maturity Date 7/26/20292022-12-310001653384rway:SecondPrivateOfferingsMember2019-10-152021-09-290001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Electronic Equipment & Instruments Intellisite Holdings, Inc. (dba Epic IO Technologies, Inc.) Interest Rate SOFR+9.75%, 10.25% floor, 2.00% ETP Initial Acquisition Date 12/17/2021 Maturity Date 12/17/20252022-01-012022-12-310001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel1Memberrway:SeniorSecuredTermLoansMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384us-gaap:AdditionalPaidInCapitalMember2023-06-300001653384us-gaap:WarrantMemberrway:NetChangeInUnrealizedGainLossOnLevel3InvestmentsStillHeldMember2022-01-012022-09-300001653384Control Investments Preferred Stocks Pivot3 Holdings, Inc Series 1 Preferred Stock2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Nalu Medical, Inc. Series D-2 Preferred Stock Initial Acquisition Date 10/12/2022 Maturity Date 10/12/20322023-09-300001653384us-gaap:WarrantMemberrway:PortfolioInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Equipment Moximed, Inc. Series C Preferred Stock Initial Acquisition Date 6/24/2022 Maturity Date 6/24/20322023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software VTX Intermediate Holdings, Inc. (dba VertexOne) Interest Rate SOFR+9.00%, 9.50% floor, 4.50% ETP Initial Acquisition Date 12/28/2021 Maturity Date 12/28/20262022-12-310001653384rway:Pivot3IncMemberrway:CashInterestIncomeMember2023-01-012023-09-300001653384rway:SecondLienTermLoansMemberrway:NetChangeInUnrealizedGainLossOnLevel3InvestmentsStillHeldMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Mingle Healthcare Solutions, Inc. Interest Rate SOFR+9.50%, 12.01% floor, .25% PIK, 10.50% ETP Initial Acquisition Date 8/15/2018 Maturity Date 12/15/20232023-09-300001653384rway:BeginningFairValueOfInvestmentMember2023-01-012023-09-300001653384us-gaap:WarrantMemberrway:TransfersOutOfLevel3Member2022-01-012022-09-300001653384Control Investments Senior Secured Term Loans2023-09-300001653384Affiliate Investments Common Stocks2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Application Software Dtex Systems, Inc. Series C-Prime Preferred Stock Initial Acquisition Date 7/11/2019 Maturity Date 7/11/20262022-01-012022-12-310001653384Affiliate Investments Senior Secured Term Loans2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Aria Systems, Inc. Series G Preferred Stock Initial Acquisition Date 6/29/2018 Maturity Date 6/29/20282022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software FiscalNote, Inc. Interest Rate PRIME+5.00%, 9.00% floor, 1.00% PIK, 5.75% ETP Initial Acquisition Date 10/19/2020 Maturity Date 7/15/20272023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Electronic Equipment & Instruments Epic IO Technologies, Inc. Success fee Initial Acquisition Date 12/17/2021 Maturity Date 12/17/20242022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Biotechnology2022-12-310001653384rway:TwoThousandTwentySixNotesMember2023-01-012023-09-300001653384us-gaap:PreferredStockMemberrway:EndingFairValueOfInvestmentMember2022-01-012022-09-300001653384rway:SeniorSecuredTermLoansMemberrway:RouteNinetyTwoMedicalIncorporationMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Synack, Inc. Interest Rate PRIME+4.25%, 8.25% floor Initial Acquisition Date 6/30/2022 Maturity Date 6/30/20272023-01-012023-09-300001653384rway:Pivot3IncMemberrway:OriginalIssueDiscountAccretionInterestIncomeMember2023-01-012023-09-300001653384rway:TransfersOutOfLevel3Memberrway:SecondLienTermLoansMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Advertising2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Synack, Inc. Interest Rate PRIME+4.25%, 8.25% floor Initial Acquisition Date 6/30/2022 Maturity Date 6/30/20272022-12-310001653384Control Investments2023-09-300001653384us-gaap:WarrantMembersrt:MinimumMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputPriceVolatilityMember2022-12-310001653384us-gaap:LongTermDebtMemberrway:AprilTwoThousandTwentySixNotesMember2023-04-130001653384rway:DividendTwentyTwoDeclaredDateMember2023-01-012023-09-300001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRevenueMultipleMembersrt:MinimumMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2022-12-310001653384us-gaap:RetainedEarningsMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Technology Hardware, Storage & Peripherals RealWear, Inc. Series A Preferred Stock Initial Acquisition Date 12/28/2018 Maturity Date 12/28/20282023-01-012023-09-300001653384rway:AdvisoryAgreementMemberrway:PayableInCashMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services ShareThis, Inc. Interest Rate SOFR+8.25%, 10.86% floor, 3.00% ETP Initial Acquisition Date 8/18/2020 Maturity Date 7/15/20252022-01-012022-12-310001653384rway:DividendSixDeclaredDateMember2023-01-012023-09-300001653384srt:MinimumMemberrway:MeasurementInputOriginationYieldMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMember2022-12-310001653384us-gaap:TreasuryStockCommonMember2023-09-300001653384us-gaap:InvestmentUnaffiliatedIssuerMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Specialized Consumer Services AllClear ID, Inc. Common Stock Initial Acquisition Date 9/1/2017 Maturity Date 9/1/20272023-01-012023-09-300001653384rway:ScenarioMoreThanOneBillionMembersrt:MinimumMemberrway:AdvisoryAgreementMember2023-09-300001653384rway:BorrowMoneyMagnifyPotentialForGainOrLossOnAmountsInvestedAndMayIncreaseRiskOfInvestingInCompanyMember2023-01-012023-09-300001653384Affiliate Investments Warrants Health Care Technology2023-09-300001653384rway:ScenarioMinimumMemberrway:AdvisoryAgreementMember2023-01-012023-09-300001653384rway:DataProcessingAndOutsourcedServicesMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Skillshare, Inc. Interest Rate SOFR+6.50%, 10.72% floor, 3.00% ETP Initial Acquisition Date 11/8/2022 Maturity Date 11/8/20262023-01-012023-09-300001653384us-gaap:LongTermDebtMemberrway:DebtInstrumentSecondAndFinalIssuanceClosedOnFebruaryTenTwoThousandTwentyTwoMemberrway:TwoThousandTwentySixNotesMember2022-02-100001653384Non-Control/Non-Affiliate Investments Common Stocks Application Software FiscalNote, Inc. Initial Acquisition Date 10/19/20202022-01-012022-12-310001653384rway:DividendTwoDeclaredDateMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software VTX Intermediate Holdings, Inc. (dba VertexOne) Interest Rate SOFR+9.00%, 9.50% floor, 10.00% cash cap, 4.50% ETP Initial Acquisition Date 12/28/2021 Maturity Date 12/28/20262023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:CommonStockMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Nalu Medical, Inc. Interest Rate PRIME+2.70%, 6.70% floor, 2.00% PIK, 4.50% ETP Initial Acquisition Date 10/12/2022 Maturity Date 10/12/20272022-12-310001653384rway:TransfersOutOfLevel3Memberrway:SeniorSecuredTermLoansMember2022-01-012022-09-300001653384us-gaap:PreferredStockMemberus-gaap:FairValueInputsLevel3Memberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Skillshare, Inc. Interest Rate SOFR+6.50%, 10.72% floor, 3.00% ETP Initial Acquisition Date 11/8/2022 Maturity Date 11/8/20262023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet & Direct Marketing Retail Madison Reed, Inc. Interest Rate PRIME+4.75%, 11.00% floor, 11.00% cash cap, 3.00% ETP Initial Acquisition Date 12/16/2022 Maturity Date 12/16/20262023-01-012023-09-300001653384Control Investments Senior Secured Term Loans Mojix, Inc Four2022-12-310001653384rway:ElectronicEquipmentAndInstrumentsMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Advertising STN Video Inc. Class B Non-Voting Stock Initial Acquisition Date 6/30/2017 Maturity Date 6/30/20272023-01-012023-09-300001653384Control Investments Senior Secured Term Loans Mojix, Inc Three2022-01-012022-12-310001653384rway:RealizedGainLossOfInvestmentMember2022-01-012022-09-300001653384rway:AmortizationOfFixedIncomePremiumsOrAccretionOfDiscountsMemberrway:SeniorSecuredTermLoansMember2023-01-012023-09-300001653384rway:CreditFacilityMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Circadence Corporation Series A-6 Preferred Stock Initial Acquisition Date 12/20/2018 Maturity Date 12/20/20282023-01-012023-09-300001653384rway:SecondLienTermLoansMemberrway:NetRealizedGainLossOnInvestmentsMember2023-01-012023-09-300001653384Affiliate Investments Warrants Gynesonics, Inc. Success fee2023-01-012023-09-300001653384Control Investments Senior Secured Term Loans Mojix, Inc Four2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Allurion Technologies, Inc. Series D-1 Preferred Stock Initial Acquisition Date 6/14/2022 Maturity Date 3/30/20322022-12-310001653384Control Investments Senior Secured Term Loans Data Processing & Outsourced Services Pivot3, Inc. LIBOR+8.50% PIK, 11.00% floor, 4.00% ETP Initial Acquisition Date 5/13/2019 Maturity Date 1/15/20232022-01-012022-12-310001653384rway:EndingFairValueOfInvestmentMemberus-gaap:CommonStockMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Equipment2023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:PreferredStockMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384us-gaap:UnsecuredDebtMemberrway:TwoThousandTwentySixNotesMember2023-09-300001653384rway:PropertyAndCasualtyInsuranceMember2023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:SnagajobComIncorporationMember2023-09-300001653384us-gaap:WarrantMembersrt:MaximumMemberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMember2023-09-300001653384rway:ScenarioUpToFiveHunderedMillionMemberrway:AdvisoryAgreementMemberrway:QuarterlyBaseRateMember2023-01-012023-09-300001653384Affiliate Investments Warrants Health Care Technology Gynesonics, Inc. Success fee Initial Acquisition Date 3/1/2023 Maturity Date 3/1/20302023-09-300001653384Non-Control/Non-Affiliate Investments Preferred Stocks Health Care Technology CareCloud, Inc. 11% Series A Cumulative Redeemable Perpetual Preferred Stock Initial Acquisition Date 1/8/20202023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Advertising2023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:CommonStockMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384rway:SeniorSecuredTermLoansMemberrway:BrivoIncMember2022-12-310001653384us-gaap:WarrantMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputPriceVolatilityMembersrt:WeightedAverageMember2023-09-300001653384rway:NorthEasternUnitedStatesMember2022-12-310001653384us-gaap:AdditionalPaidInCapitalMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Specialized Consumer Services2022-12-310001653384us-gaap:WarrantMemberrway:PurchasesOfInvestmentsMember2023-01-012023-09-300001653384rway:PortfolioInvestmentsMemberrway:SeniorSecuredTermLoansMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384Control Investments Senior Secured Term Loans Data Processing & Outsourced Services Pivot3, Inc. LIBOR+8.50% PIK, 11.00% floor, 4.00% ETP Initial Acquisition Date 5/13/2019 Maturity Date 1/15/20232022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Application Software Circadence Corporation Series A-6 Preferred Stock Initial Acquisition Date 10/31/2019 Maturity Date 10/31/20292023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Education Services Turning Tech Intermediate, Inc. (dba Echo 360, Inc.) Interest Rate SOFR+8.50%, 9.00% floor, 13.00% cash cap, 3.00% ETP Initial Acquisition Date 6/22/2021 Maturity Date 12/14/20252023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants System Software Scale Computing, Inc. Common Stock Initial Acquisition Date 3/29/2019 Maturity Date 3/29/20292022-12-310001653384us-gaap:LongTermDebtMemberrway:AprilTwoThousandTwentySixNotesMember2023-04-132023-04-130001653384us-gaap:InvestmentAffiliatedIssuerControlledMember2022-01-012022-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel1Memberus-gaap:CommonStockMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384rway:BeginningFairValueOfInvestmentMemberus-gaap:CommonStockMember2023-01-012023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:MoximedIncorporationMember2022-12-310001653384us-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software Circadence Corporation Interest Rate SOFR+9.50% PIK, 12.26% floor, 7.50% ETP Initial Acquisition Date 12/20/2018 Maturity Date 12/15/20232022-01-012022-12-310001653384us-gaap:CommonStockMemberrway:AmortizationOfFixedIncomePremiumsOrAccretionOfDiscountsMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Property & Casualty Insurance Kin Insurance, Inc. Series D-3 Preferred Stock Initial Acquisition Date 9/26/2022 Maturity Date 9/26/20322023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Property & Casualty Insurance2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Data Processing & Outsourced Services2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Application Software2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Education Services Turning Tech Intermediate, Inc. (dba Echo 360, Inc.) Interest Rate SOFR+8.50%, 9.00% floor, 13.00% cash cap, 3.00% ETP Initial Acquisition Date 6/22/2021 Maturity Date 12/14/20252023-09-300001653384srt:MaximumMemberrway:MeasurementInputOriginationYieldMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMember2022-12-310001653384Affiliate Investments2022-12-310001653384us-gaap:FairValueInputsLevel3Memberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberrway:SeniorSecuredTermLoansMembersrt:WeightedAverageMemberus-gaap:MeasurementInputDiscountRateMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Equipment Moximed, Inc. Series C Preferred Stock Initial Acquisition Date 6/24/2022 Maturity Date 6/24/20322022-01-012022-12-310001653384srt:MinimumMemberus-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberrway:CreditFacilityMember2023-01-012023-09-300001653384srt:MaximumMemberus-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberrway:CreditFacilityMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Technology Hardware, Storage & Peripherals RealWear, Inc. Series A Preferred Stock Initial Acquisition Date 12/28/2018 Maturity Date 12/28/20282023-09-300001653384rway:HealthCareTechnologyMember2023-09-300001653384rway:AugustTwoThousandTwentySevenNotesMemberrway:BorrowingMember2023-09-300001653384us-gaap:IPOMember2021-10-012021-10-310001653384rway:DividendFourteenDeclaredDateMember2023-01-012023-09-300001653384us-gaap:WarrantMemberrway:NetChangeInUnrealizedGainLossOnInvestmentsMember2023-01-012023-09-300001653384rway:Scenario20OfPortionOfPreIncentiveFeeNetIncomeThatIsOverTwoPointSixSixSevenPercentMemberrway:AdvisoryAgreementMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software Dtex Systems, Inc. Interest Rate SOFR+9.25%, 9.75% floor, 1.75% ETP Initial Acquisition Date 6/1/2021 Maturity Date 6/1/20252022-01-012022-12-310001653384us-gaap:ValuationTechniqueDiscountedCashFlowMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MeasurementInputDiscountRateMember2022-12-310001653384rway:OaktreeOpportunitiesFundXbHoldingsLPMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Biotechnology2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software FiscalNote, Inc. Interest Rate PRIME+5.00%, 9.00% floor, 1.00% PIK, 5.75% ETP Initial Acquisition Date 10/19/2020 Maturity Date 7/15/20272023-09-300001653384us-gaap:RetainedEarningsMember2023-06-300001653384us-gaap:IPOMember2021-10-250001653384rway:AdvisoryAgreementMember2022-07-012022-09-300001653384us-gaap:CashEquivalentsMember2022-12-310001653384rway:ScenarioMoreThanOneBillionMemberrway:AdvisoryAgreementMember2023-01-012023-09-300001653384us-gaap:FairValueInputsLevel3Member2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Porch Group, Inc. Earnout Initial Acquisition Date 12/23/2020 Maturity Date 12/23/20232023-01-012023-09-300001653384us-gaap:FairValueInputsLevel2Memberrway:PortfolioInvestmentsMemberrway:SeniorSecuredTermLoansMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384srt:MinimumMemberrway:QualifyingAssetsMember2023-09-300001653384rway:DeferredPaymentsMemberrway:AdvisoryAgreementMember2022-01-012022-09-300001653384us-gaap:WarrantMemberrway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384us-gaap:WarrantMemberrway:BeginningFairValueOfInvestmentMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Longtail Ad Solutions, Inc. (dba JW Player) Common Stock Initial Acquisition Date 12/12/2019 Maturity Date 12/12/20292022-12-310001653384rway:DividendTwentyFiveDeclaredDateMember2023-01-012023-09-300001653384rway:SouthCentralUnitedStatesMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software2022-12-310001653384us-gaap:WarrantMemberrway:AmortizationOfFixedIncomePremiumsOrAccretionOfDiscountsMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks Technology Hardware, Storage & Peripherals zSpace, Inc. Initial Acquisition Date 12/31/20202022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Route 92 Medical, Inc. Success Fee Initial Acquisition Date 8/17/2021 Maturity Date 8/17/20312022-01-012022-12-310001653384rway:DividendTwentyThreeDeclaredDateMember2023-01-012023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:SkillshareIncorporationMember2022-12-3100016533842023-11-070001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans System Software2023-09-300001653384rway:TwoThousandTwentySixNotesMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Technology Hardware, Storage & Peripherals RealWear, Inc. Series A Preferred Stock Initial Acquisition Date 10/5/2018 Maturity Date 10/5/20282023-09-300001653384us-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMember2022-12-310001653384srt:WeightedAverageMember2023-07-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Aria Systems, Inc. Series G Preferred Stock Initial Acquisition Date 6/29/2018 Maturity Date 6/29/20282023-01-012023-09-300001653384rway:InternetSoftwareAndServicesMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software Circadence Corporation Interest Rate SOFR+9.50% PIK, 12.26% floor, 7.50% ETP Initial Acquisition Date 12/20/2018 Maturity Date 12/15/20232022-12-310001653384rway:AmortizationOfFixedIncomePremiumsOrAccretionOfDiscountsMember2023-01-012023-09-300001653384rway:SouthEasternUnitedStatesMember2022-12-310001653384us-gaap:PreferredStockMemberrway:NetChangeInUnrealizedGainLossOnInvestmentsMember2023-01-012023-09-300001653384us-gaap:PreferredStockMemberus-gaap:FairValueInputsLevel3Member2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Allurion Technologies, Inc. Common Stock Initial Acquisition Date 09/15/2022 Maturity Date 1/22/20252023-09-300001653384rway:NetRealizedGainLossOnInvestmentsMember2023-01-012023-09-300001653384rway:InternetAndDirectMarketingRetailMember2023-09-300001653384Control Investments2022-12-310001653384Affiliate Investments Common Stocks Coginiti Corp Common Stock2023-09-300001653384us-gaap:WarrantMembersrt:MaximumMemberus-gaap:MeasurementInputRevenueMultipleMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2022-12-310001653384rway:SeniorSecuredTermLoansMemberrway:PlCentralLimitedLiabilityCompanyMember2022-12-310001653384srt:WeightedAverageMember2022-07-012022-09-300001653384rway:ScenarioPreIncentiveFeeNetIncomeLessThanTwoPercentMemberrway:AdvisoryAgreementMember2023-01-012023-09-300001653384us-gaap:WarrantMembersrt:MaximumMemberus-gaap:MeasurementInputExpectedTermMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services ShareThis, Inc. Interest Rate SOFR+9.25%, 11.86% floor, 3.00% ETP Initial Acquisition Date 12/3/2018 Maturity Date 7/15/20252023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Bombora, Inc. Common Stock Initial Acquisition Date 3/31/2021 Maturity Date 3/31/20312022-01-012022-12-310001653384us-gaap:PreferredStockMemberrway:PurchasesOfInvestmentsMember2023-01-012023-09-300001653384rway:JulyTwoThousandTwentySevenNotesMember2023-07-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Specialized Consumer Services AllClear ID, Inc. Common Stock Initial Acquisition Date 9/1/2017 Maturity Date 9/1/20272022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Synack, Inc. Common Stock Initial Acquisition Date 6/30/2022 Maturity Date 6/30/20322022-01-012022-12-310001653384rway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software FiscalNote, Inc. Earnout Initial Acquisition Date 7/29/2022 Maturity Date 7/29/20272022-01-012022-12-310001653384Control Investments2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Property & Casualty Insurance Kin Insurance, Inc. Series D-3 Preferred Stock Initial Acquisition Date 8/5/2023 Maturity Date 8/25/20332023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services CloudPay, Inc. Series B Preferred Stock Initial Acquisition Date 6/30/2020 Maturity Date 6/30/20302023-09-300001653384us-gaap:WarrantMemberrway:PortfolioInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans System Software 3PL Central LLC Interest Rate SOFR+4.50%, 6.50 floor, 2.50% PIK, 2.00% ETP Initial Acquisition Date 11/9/2022 Maturity Date 11/9/20272023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services Vesta Payment Solutions, Inc. Interest Rate SOFR+7.00%, 9.00% floor, 3.00% ETP Initial Acquisition Date 11/29/2022 Maturity Date 11/15/20262022-12-310001653384us-gaap:FairValueInputsLevel3Memberus-gaap:CommonStockMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology EBR Systems, Inc. Success fee Initial Acquisition Date 6/30/2022 Maturity Date 6/30/20322022-01-012022-12-310001653384us-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Nalu Medical, Inc. Series D-2 Preferred Stock Initial Acquisition Date 10/12/2022 Maturity Date 10/12/20322023-01-012023-09-300001653384rway:BorrowingMemberrway:TwoThousandTwentySixNotesMember2022-12-310001653384rway:PaidInKindInterestOfInvestmentMember2023-01-012023-09-300001653384us-gaap:PreferredStockMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MeasurementInputPriceVolatilityMember2023-09-300001653384rway:SalesOrRepaymentsOfInvestmentsMemberrway:SecondLienTermLoansMember2022-01-012022-09-300001653384us-gaap:PreferredStockMemberrway:TransfersOutOfLevel3Member2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Equipment Moximed, Inc. Interest Rate PRIME+5.25%, 8.75% floor, 3.50% ETP Initial Acquisition Date 6/24/2022 Maturity Date 7/1/20272022-01-012022-12-310001653384us-gaap:PreferredStockMemberrway:PaidInKindInterestOfInvestmentMember2022-01-012022-09-300001653384Control Investments Preferred Stocks Mojix, Inc. Series A-1 Preferred Stock2022-01-012022-12-310001653384us-gaap:WarrantMemberrway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:CommonStockMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Application Software Aria Systems, Inc. Series G Preferred Stock Initial Acquisition Date 6/29/2018 Maturity Date 6/29/20282023-09-300001653384us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Dtex Systems, Inc. Series C-Prime Preferred Stock Initial Acquisition Date 6/1/2018 Maturity Date 6/1/20252022-01-012022-12-310001653384rway:NetRealizedGainLossOnInvestmentsMemberrway:SeniorSecuredTermLoansMember2023-01-012023-09-3000016533842023-07-012023-09-300001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRiskFreeInterestRateMembersrt:MaximumMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2023-09-300001653384rway:TwoThousandTwentySixNotesMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Route 92 Medical, Inc. Interest Rate SOFR+8.48%, 8.98% floor, 3.95% ETP Initial Acquisition Date 8/17/2021 Maturity Date 7/1/20262022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Specialized Consumer Services AllClear ID, Inc. Common Stock Initial Acquisition Date 9/1/2017 Maturity Date 9/1/20272023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Fidelis Cybersecurity, Inc. Interest Rate SOFR+11.00%, 12.00% floor, 2.39% ETP Initial Acquisition Date 3/25/2022 Maturity Date 5/13/20242022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Computer & Electronics Retail2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Human Resource & Employment Services CloudPay, Inc. Interest Rate PRIME+6.25%, 10.25% floor, 2.00% ETP Initial Acquisition Date 9/26/2022 Maturity Date 8/17/20272023-01-012023-09-300001653384rway:DividendsPaidInCashMember2023-01-012023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:NaluMedicalIncMember2022-12-310001653384Control Investments Senior Secured Term Loans Mojix, Inc Two2021-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Equipment Revelle Aesthetics, Inc. Interest Rate PRIME+5.50%, 8.75% floor, 4.00% ETP Initial Acquisition Date 3/30/2022 Maturity Date 4/1/20272022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Biotechnology TRACON Pharmaceuticals, Inc. Interest Rate PRIME+5.00%, 8.50% floor, 4.25% ETP Initial Acquisition Date 9/2/2022 Maturity Date 9/1/20262022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Mingle Healthcare Solutions, Inc. Interest Rate SOFR+9.50%, 12.01% floor, .25% PIK, 10.50% ETP Initial Acquisition Date 8/15/2018 Maturity Date 12/15/20232022-01-012022-12-310001653384rway:NetChangeInUnrealizedGainLossOnInvestmentsMemberrway:SeniorSecuredTermLoansMember2022-01-012022-09-300001653384rway:PaidInKindInterestOfInvestmentMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Bombora, Inc. Interest Rate SOFR+5.00%, 5.76% floor, 3.75% PIK, 2.00% ETP Initial Acquisition Date 3/31/2021 Maturity Date 3/31/20252022-01-012022-12-310001653384us-gaap:CommonStockMemberrway:AmortizationOfFixedIncomePremiumsOrAccretionOfDiscountsMember2022-01-012022-09-300001653384Control Investments Warrants Mojix, Inc One2022-12-310001653384rway:NetChangeInUnrealizedGainLossOnInvestmentsMember2022-01-012022-09-300001653384rway:PurchasesOfInvestmentsMemberrway:SeniorSecuredTermLoansMember2022-01-012022-09-300001653384rway:ChangeInUnrealizedAppreciationDepreciationOfInvestmentMember2022-01-012022-09-300001653384Affiliate Investments2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Human Resource & Employment Services CloudPay, Inc. Interest Rate PRIME+6.25%, 10.25% floor, 2.00% ETP Initial Acquisition Date 9/26/2022 Maturity Date 8/17/20272022-12-310001653384us-gaap:TreasuryStockCommonMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Human Resource & Employment Services Snagajob.com, Inc. Interest Rate SOFR+8.50%, 9.00% floor, 9.00% cash cap, 2.75% ETP Initial Acquisition Date 9/29/2021 Maturity Date 9/1/20252022-01-012022-12-310001653384us-gaap:PreferredStockMemberus-gaap:FairValueInputsLevel3Member2022-12-310001653384rway:PropertyAndCasualtyInsuranceMember2022-12-310001653384rway:AdministrationAgreementMember2023-07-012023-09-300001653384us-gaap:WarrantMemberrway:NetChangeInUnrealizedGainLossOnLevel3InvestmentsStillHeldMember2023-01-012023-09-300001653384rway:PortfolioInvestmentsMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Data Processing & Outsourced Services Interactions Corporation Common Stock Initial Acquisition Date 6/24/2022 Maturity Date 6/24/20322023-09-300001653384us-gaap:FairValueInputsLevel3Memberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberrway:SeniorSecuredTermLoansMembersrt:WeightedAverageMemberus-gaap:MeasurementInputDiscountRateMember2023-09-300001653384us-gaap:LongTermDebtMemberrway:DecemberTwoThousandTwentySixNotesMember2023-09-300001653384us-gaap:WarrantMemberrway:NetChangeInUnrealizedGainLossOnInvestmentsMember2022-01-012022-09-300001653384us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember2022-12-310001653384Affiliate Investments Common Stocks Application Software2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services Snagajob.com, Inc. Series B-1 Preferred Stock Initial Acquisition Date 9/29/2021 Maturity Date 9/29/20312023-09-300001653384rway:OaktreeCapitalManagementLimitedPartnershipMember2023-01-012023-09-300001653384Affiliate Investments Preferred Stocks Gynesonics, Inc.2023-09-300001653384srt:AffiliatedEntityMemberrway:AdministrationAgreementMemberrway:ThirdPartyServiceProviderMember2022-09-300001653384rway:AdministrationAgreementMember2022-07-012022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Bombora, Inc. Interest Rate SOFR+5.00%, 5.76% floor, 3.75% PIK, 2.00% ETP Initial Acquisition Date 3/31/2021 Maturity Date 3/31/20252023-09-300001653384rway:DividendSixDeclaredDateMember2019-01-012019-12-310001653384rway:NetAssetsMemberus-gaap:CreditConcentrationRiskMember2023-01-012023-09-300001653384Affiliate Investments Senior Secured Term Loans Coginiti Corp2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Electronic Equipment & Instruments Brivo, Inc. Series A-2 Preferred Stock Initial Acquisition Date 10/20/2022 Maturity Date 10/20/20322023-01-012023-09-300001653384rway:DividendThreeDeclaredDateMember2023-01-012023-09-300001653384rway:DividendTwentyOneDeclaredDateMember2022-01-012022-12-310001653384us-gaap:WarrantMembersrt:MinimumMemberus-gaap:FairValueInputsLevel3Memberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberus-gaap:MeasurementInputDiscountRateMember2023-09-300001653384us-gaap:WarrantMembersrt:MinimumMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputPriceVolatilityMember2023-09-300001653384rway:DecemberTwoThousandTwentySevenNotesMember2023-07-012023-09-300001653384srt:MinimumMemberrway:MeasurementInputOriginationYieldMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMember2023-09-300001653384us-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Specialized Consumer Services AllClear ID, Inc. Common Stock Initial Acquisition Date 10/17/2018 Maturity Date 10/17/20282023-09-300001653384rway:AugustTwoThousandTwentySevenNotesMemberrway:BorrowingMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services Vesta Payment Solutions, Inc. Interest Rate SOFR+7.00%, 9.00% floor, 3.00% ETP Initial Acquisition Date 11/29/2022 Maturity Date 11/15/20262022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services INRIX, Inc. Common Stock Initial Acquisition Date 7/26/2019 Maturity Date 7/26/20292022-01-012022-12-310001653384Control Investments Senior Secured Term Loans Pivot3, Inc2021-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology VERO Biotech LLC Success Fee Initial Acquisition Date 12/29/2020 Maturity Date 12/29/20252022-12-310001653384Non-Control/Non-Affiliate Investments Common Stocks Technology Hardware, Storage & Peripherals2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Bombora, Inc. Common Stock Initial Acquisition Date 3/31/2021 Maturity Date 3/31/20312022-12-310001653384us-gaap:LongTermDebtMemberrway:JulyTwoThousandTwentySevenNotesMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software 3DNA Corp. (dba NationBuilder) Series C-1 Preferred Stock Initial Acquisition Date 12/28/2018 Maturity Date 12/28/20282022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Mingle Healthcare Solutions, Inc. Series CC Preferred Stock Initial Acquisition Date 8/15/2018 Maturity Date 8/15/20282022-01-012022-12-310001653384us-gaap:ValuationTechniqueDiscountedCashFlowMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Equipment Moximed, Inc. Series C Preferred Stock Initial Acquisition Date 6/24/2022 Maturity Date 6/24/20322023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Biotechnology2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Computer & Electronics Retail2023-09-300001653384us-gaap:InvestmentUnaffiliatedIssuerMember2023-07-012023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel1Memberrway:SecondLienTermLoansMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Bombora, Inc. Interest Rate SOFR+5.00%, 5.76% floor, 3.75% PIK, 2.00% ETP Initial Acquisition Date 3/31/2021 Maturity Date 3/31/20252022-12-310001653384rway:InteractionsCorporationMemberrway:SeniorSecuredTermLoansMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Circadence Corporation Series A-6 Preferred Stock Initial Acquisition Date 12/20/2018 Maturity Date 12/20/20282023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services Interactions Corporation Interest Rate SOFR+9.26%, 9.76% floor, 3.4375% ETP Initial Acquisition Date 6/24/2022 Maturity Date 6/15/20272022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services2022-12-310001653384rway:NonQualifyingAssetsAtFairValueMember2023-09-300001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRevenueMultipleMembersrt:MinimumMemberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberus-gaap:FairValueInputsLevel3Member2022-12-310001653384Non-Control/Non-Affiliate Investments Second Lien Term Loans2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Porch Group, Inc. Earnout Initial Acquisition Date 12/23/2020 Maturity Date 12/23/20232022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Equipment Moximed, Inc. Interest Rate PRIME+5.25%, 8.75% floor, 3.50% ETP Initial Acquisition Date 6/24/2022 Maturity Date 7/1/20272022-12-310001653384Affiliate Investments Common Stocks2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Property & Casualty Insurance2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet & Direct Marketing Retail2023-09-300001653384rway:MeasurementInputOriginationYieldMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMember2022-12-310001653384srt:WeightedAverageMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Fidelis Cybersecurity, Inc. Common Stock Initial Acquisition Date 3/25/2022 Maturity Date 3/25/20322022-01-012022-12-310001653384rway:BeginningFairValueOfInvestmentMemberrway:SeniorSecuredTermLoansMember2022-01-012022-09-300001653384rway:AugustTwoThousandTwentySevenNotesMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Biotechnology TRACON Pharmaceuticals, Inc. Common Stock Initial Acquisition Date 9/2/2022 Maturity Date 9/2/20322023-09-300001653384Affiliate Investments Common Stocks Application Software Coginiti Corp Common Stock Initial Acquisition Date 3/9/20202023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Preferred Stocks Application Software2022-12-310001653384rway:ApplicationSoftwareMember2023-09-300001653384srt:WeightedAverageMember2023-01-012023-09-300001653384us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384rway:AprilTwoThousandTwentySixNotesMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Dtex Systems, Inc. Series C-Prime Preferred Stock Initial Acquisition Date 6/1/2018 Maturity Date 6/1/20252022-12-310001653384us-gaap:WarrantMemberrway:NetRealizedGainLossOnInvestmentsMember2022-01-012022-09-300001653384us-gaap:WarrantMemberrway:NetRealizedGainLossOnInvestmentsMember2023-01-012023-09-300001653384Affiliate Investments Senior Secured Term Loans2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Biotechnology TRACON Pharmaceuticals, Inc. Common Stock Initial Acquisition Date 9/2/2022 Maturity Date 9/2/20322022-01-012022-12-3100016533842022-07-012022-09-300001653384us-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2023-07-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Biotechnology TRACON Pharmaceuticals, Inc. Common Stock Initial Acquisition Date 9/2/2022 Maturity Date 9/2/20322022-12-310001653384Affiliate Investments Warrants Application Software Coginiti Corp Common Stock Initial Acquisition Date 3/9/2020 Maturity Date 3/9/20302022-01-012022-12-310001653384rway:NetRealizedGainLossOnInvestmentsMember2022-01-012022-09-300001653384rway:TwoThousandTwentySevenNotesMember2022-01-012022-09-300001653384rway:DividendElevenDeclaredDateMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Second Lien Term Loans System Software Dejero Labs Inc. Interest Rate SOFR+5.00%, 5.50 floor, 5.00% PIK, 3.00% ETP Initial Acquisition Date 12/22/2021 Maturity Date 12/22/20252023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Data Processing & Outsourced Services ShareThis, Inc. Series D-3 Preferred Stock Initial Acquisition Date 12/3/2018 Maturity Date 12/3/20282022-01-012022-12-310001653384rway:HealthCareEquipmentMember2023-09-300001653384us-gaap:AdditionalPaidInCapitalMember2023-09-300001653384us-gaap:PreferredStockMembersrt:MinimumMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputPriceVolatilityMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Equipment Revelle Aesthetics, Inc. Series A-2 Preferred Stock Initial Acquisition Date 3/30/2022 Maturity Date 3/30/30322022-12-310001653384rway:BorrowingMemberrway:DecemberTwoThousandTwentySevenNotesMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Fidelis Cybersecurity, Inc. Interest Rate SOFR+11.00%, 12.00% floor, 2.39% ETP Initial Acquisition Date 5/13/2021 Maturity Date 5/13/20242022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software Circadence Corporation Interest Rate SOFR+9.50% PIK, 12.26% floor, 7.50% ETP Initial Acquisition Date 12/20/2018 Maturity Date 12/15/20232023-01-012023-09-300001653384us-gaap:USTreasurySecuritiesMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants System Software Dejero Labs Inc. Common Stock Initial Acquisition Date 5/31/2019 Maturity Date 5/31/20292022-12-310001653384rway:SeniorSecuredTermLoansMemberrway:SynackIncorporationMember2022-12-310001653384rway:EndingFairValueOfInvestmentMember2022-01-012022-09-300001653384us-gaap:PreferredStockMemberrway:NetRealizedGainLossOnInvestmentsMember2022-01-012022-09-300001653384us-gaap:PreferredStockMemberus-gaap:MeasurementInputRevenueMultipleMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMember2023-09-300001653384us-gaap:LongTermDebtMemberrway:AprilTwoThousandTwentySixNotesMember2023-09-300001653384rway:DividendTwentyOneDeclaredDateMember2023-01-012023-09-300001653384srt:MaximumMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Human Resource & Employment Services CloudPay, Inc. Interest Rate PRIME+6.25%, 10.25% floor, 2.00% ETP Initial Acquisition Date 9/26/2022 Maturity Date 8/17/20272023-09-300001653384rway:DividendTwelveDeclaredDateMember2020-01-012020-12-310001653384rway:RealizedGainLossOfInvestmentMember2023-01-012023-09-300001653384rway:EndingFairValueOfInvestmentMemberus-gaap:CommonStockMember2022-01-012022-09-300001653384rway:ScenarioPreIncentiveFeeNetIncomeLessThanTwoPercentMember2023-01-012023-09-300001653384us-gaap:CommonStockMemberrway:NetRealizedGainLossOnInvestmentsMember2022-01-012022-09-300001653384rway:BeginningFairValueOfInvestmentMemberrway:SeniorSecuredTermLoansMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services Interactions Corporation Interest Rate SOFR+9.26%, 9.76% floor, 3.4375% ETP Initial Acquisition Date 6/24/2022 Maturity Date 6/15/20272023-09-300001653384rway:CreditFacilityMember2023-01-012023-09-300001653384rway:DividendOneDeclaredDateMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Route 92 Medical, Inc. Success Fee Initial Acquisition Date 8/17/2021 Maturity Date 8/17/20312023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks Technology Hardware, Storage & Peripherals Quantum Corporation Common Stock Initial Acquisition Date 8/13/20212023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Human Resource & Employment Services2022-12-310001653384Affiliate Investments Senior Secured Term Loans2022-01-012022-12-310001653384rway:PortfolioInvestmentsMemberus-gaap:PreferredStockMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384us-gaap:PreferredStockMemberrway:BeginningFairValueOfInvestmentMember2023-01-012023-09-300001653384srt:MaximumMemberrway:SecondPrivateOfferingMember2019-01-012019-12-310001653384rway:CreditFacilityMember2022-12-310001653384us-gaap:DividendPaidMember2023-07-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Dtex Systems, Inc. Series C-Prime Preferred Stock Initial Acquisition Date 6/1/2018 Maturity Date 6/1/20252023-09-300001653384us-gaap:PreferredStockMemberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MeasurementInputDiscountRateMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services Snagajob.com, Inc. Series B-1 Preferred Stock Initial Acquisition Date 9/29/2021 Maturity Date 9/29/20312023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Biotechnology TRACON Pharmaceuticals, Inc. Interest Rate PRIME+5.00%, 8.50% floor, 4.25% ETP Initial Acquisition Date 9/2/2022 Maturity Date 9/1/20262022-12-310001653384us-gaap:PreferredStockMemberrway:BeginningFairValueOfInvestmentMember2022-01-012022-09-300001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRevenueMultipleMembersrt:MaximumMemberus-gaap:FairValueInputsLevel3Memberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMember2023-09-300001653384us-gaap:LongTermDebtMemberrway:JulyTwoThousandTwentySevenNotesMember2022-07-280001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel1Memberus-gaap:CommonStockMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:PreferredStockMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384rway:ScenarioMoreThanFiveHunderedMillionButLessThanOneBillionMemberrway:AdvisoryAgreementMember2023-01-012023-09-300001653384srt:MinimumMemberrway:QualifyingAssetsMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Equipment2022-12-310001653384us-gaap:PreferredStockMembersrt:MinimumMemberus-gaap:MeasurementInputExpectedTermMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2023-09-300001653384Affiliate Investments Preferred Stocks2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Second Lien Term Loans System Software Dejero Labs Inc. Interest Rate SOFR+5.00%, 5.50 floor, 5.00% PIK, 3.00% ETP Initial Acquisition Date 12/22/2021 Maturity Date 12/22/20252022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Skillshare, Inc. Success Fee Initial Acquisition Date 11/8/2022 Maturity Date 11/8/20262023-01-012023-09-300001653384Affiliate Investments Senior Secured Term Loans Gynesonics, Inc.2023-01-012023-09-300001653384us-gaap:DividendPaidMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Specialized Consumer Services Credit Sesame, Inc. Common Stock Initial Acquisition Date 1/7/2020 Maturity Date 1/7/20302022-12-310001653384rway:DeferredPaymentsMemberrway:AdvisoryAgreementMember2023-09-300001653384srt:MaximumMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services INRIX, Inc. Common Stock Initial Acquisition Date 7/26/2019 Maturity Date 7/26/20292023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Education Services Turning Tech Intermediate, Inc. (dba Echo 360, Inc.) Interest Rate SOFR+8.50%, 9.00% floor, 13.00% cash cap, 3.00% ETP Initial Acquisition Date 6/22/2021 Maturity Date 12/14/20252022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Skillshare, Inc. Interest Rate SOFR+6.50%, 10.72% floor, 3.00% ETP Initial Acquisition Date 11/8/2022 Maturity Date 11/8/20262022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Biotechnology Mustang Bio, Inc. Common Stock Initial Acquisition Date 3/4/2022 Maturity Date 3/4/20322022-12-310001653384us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384rway:Pivot3IncMemberrway:CashInterestIncomeMember2022-01-012022-12-310001653384rway:DividendThirteenDeclaredDateMember2023-01-012023-09-300001653384Affiliate Investments Senior Secured Term Loans Health Care Technology Gynesonics, Inc. SOFR+8.75%, 8.00% ceiling, 5.00% ETP Initial Acquisition Date 3/1/2023 Maturity Date 11/30/20262023-01-012023-09-300001653384srt:MinimumMemberus-gaap:InvestmentAffiliatedIssuerControlledMember2022-01-012022-12-310001653384rway:MidWesternUnitedStatesMember2023-09-300001653384rway:SalesOrRepaymentsOfInvestmentsMemberus-gaap:CommonStockMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet & Direct Marketing Retail Madison Reed, Inc. Interest Rate PRIME+4.75%, 11.00% floor, 11.00% cash cap, 3.00% ETP Initial Acquisition Date 12/16/2022 Maturity Date 12/16/20262023-09-300001653384us-gaap:FairValueInputsLevel3Memberus-gaap:CommonStockMember2022-12-310001653384us-gaap:ValuationTechniqueDiscountedCashFlowMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Member2023-09-300001653384rway:Pivot3IncMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Data Processing & Outsourced Services Elevate Services, Inc. Series C Preferred Stock Initial Acquisition Date 7/10/2023 Maturity Date 7/10/20332023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Fidelis Cybersecurity, Inc. Common Stock Initial Acquisition Date 3/25/2022 Maturity Date 3/25/20322023-09-300001653384rway:NetChangeInUnrealizedGainLossOnInvestmentsMemberrway:SecondLienTermLoansMember2023-01-012023-09-300001653384rway:BusinessAndOurPortfolioCompaniesMaySusceptibleToEconomicSlowdownsOrRecessionsAndToRisksRelatedToBankImpairmentsOrFailuresMember2023-01-012023-09-300001653384rway:BorrowingMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology SetPoint Medical Corporation Series B Preferred Stock Initial Acquisition Date 12/29/2022 Maturity Date 12/29/20322022-12-310001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRiskFreeInterestRateMembersrt:MaximumMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology EBR Systems, Inc. Success fee Initial Acquisition Date 6/30/2022 Maturity Date 6/30/20322023-01-012023-09-300001653384rway:AugustTwoThousandTwentySevenNotesMemberus-gaap:LongTermDebtMember2022-08-312022-08-310001653384rway:PaidInKindInterestOfInvestmentMemberus-gaap:CommonStockMember2022-01-012022-09-300001653384Affiliate Investments Common Stocks2023-09-300001653384srt:MinimumMemberus-gaap:FairValueInputsLevel3Memberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberrway:SeniorSecuredTermLoansMemberus-gaap:MeasurementInputDiscountRateMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology VERO Biotech LLC Interest Rate SOFR+9.05%, 9.55% floor, 3.00% ETP Initial Acquisition Date 12/29/2020 Maturity Date 12/1/20242023-01-012023-09-3000016533842022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Aria Systems, Inc. Series G Preferred Stock Initial Acquisition Date 6/29/2018 Maturity Date 6/29/20282022-12-310001653384Control Investments Preferred Stocks Pivot3 Holdings, Inc Series 1 Preferred Stock2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology2023-09-300001653384rway:PurchasesOfInvestmentsMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Data Processing & Outsourced Services Elevate Services, Inc. Series C Preferred Stock Initial Acquisition Date 7/10/2023 Maturity Date 7/10/20332023-01-012023-09-300001653384us-gaap:CommonStockMember2022-09-300001653384Control Investments Senior Secured Term Loans2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Skillshare, Inc. Success Fee Initial Acquisition Date 11/8/2022 Maturity Date 11/8/20262022-12-310001653384us-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2023-01-012023-09-300001653384rway:LinxupLlcMemberus-gaap:SubsequentEventMember2023-11-030001653384rway:TransfersOutOfLevel3Memberrway:SecondLienTermLoansMember2022-01-012022-09-300001653384srt:MaximumMemberrway:ScenarioEightyPercentOfPortionOfPreIncentiveFeeNetIncomeThatIsBetweenTwoPercentAndTwoPointSixSixSevenPercentMemberrway:AdvisoryAgreementMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Skillshare, Inc. Success Fee Initial Acquisition Date 11/8/2022 Maturity Date 11/8/20262022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services INRIX, Inc. Interest Rate SOFR+9.00%, 9.76% floor, 2.50% ETP Initial Acquisition Date 11/15/2021 Maturity Date 11/15/20252022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Property & Casualty Insurance Kin Insurance, Inc. Series D-3 Preferred Stock Initial Acquisition Date 9/26/2022 Maturity Date 9/26/20322022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Electronic Equipment & Instruments Brivo, Inc. Series A-2 Preferred Stock Initial Acquisition Date 10/20/2022 Maturity Date 10/20/20322023-09-300001653384rway:DividendSixteenDeclaredDateMember2023-01-012023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:SetPointMedicalCorporationMember2023-09-300001653384us-gaap:UnsecuredDebtMemberrway:TwoThousandTwentySixNotesMember2022-12-310001653384us-gaap:WarrantMemberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMember2023-09-300001653384rway:BorrowingMemberrway:CreditFacilityMember2023-09-300001653384rway:TwoThousandTwentySevenNotesMember2022-12-310001653384rway:SystemSoftwareMember2023-09-300001653384rway:DividendSeventeenDeclaredDateMember2021-01-012021-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology EBR Systems, Inc. Success fee Initial Acquisition Date 6/30/2022 Maturity Date 6/30/20322023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Route 92 Medical, Inc. Interest Rate SOFR+8.48%, 8.98% floor, 3.95% ETP Initial Acquisition Date 8/17/2021 Maturity Date 7/1/20262022-12-310001653384Control Investments Senior Secured Term Loans Pivot3, Inc.2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology SetPoint Medical Corporation Series B Preferred Stock Initial Acquisition Date 12/29/2022 Maturity Date 12/29/20322023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology VERO Biotech LLC Success Fee Initial Acquisition Date 12/29/2020 Maturity Date 12/29/20252022-01-012022-12-310001653384rway:SalesOrRepaymentsOfInvestmentsMemberrway:SeniorSecuredTermLoansMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Allurion Technologies, Inc. Common Stock Initial Acquisition Date 3/30/2021 Maturity Date 1/22/20252023-01-012023-09-300001653384us-gaap:InvestmentUnaffiliatedIssuerMember2023-01-012023-09-300001653384rway:TwoThousandTwentySevenNotesMemberus-gaap:UnsecuredDebtMember2022-12-3100016533842022-12-310001653384rway:DividendTwentyDeclaredDateMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services CloudPay, Inc. Series D Preferred Stock Initial Acquisition Date 8/17/2021 Maturity Date 8/17/20312023-01-012023-09-300001653384us-gaap:TreasuryStockCommonMember2022-12-310001653384rway:NetChangeInUnrealizedGainLossOnInvestmentsMemberus-gaap:CommonStockMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Equipment2022-12-310001653384country:CA2023-09-300001653384us-gaap:LongTermDebtMemberrway:TwoThousandTwentySixNotesMember2021-12-102021-12-100001653384rway:EndingFairValueOfInvestmentMember2023-01-012023-09-300001653384rway:NorthWesternUnitedStatesMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants2023-09-300001653384Affiliate Investments Warrants Application Software Coginiti Corp Common Stock Initial Acquisition Date 3/9/2020 Maturity Date 3/9/20302023-09-300001653384Non-Control/Non-Affiliate Investments Warrants System Software Dejero Labs Inc. Common Stock Initial Acquisition Date 5/31/2019 Maturity Date 5/31/20292022-01-012022-12-310001653384rway:PortfolioInvestmentsMemberrway:SecondLienTermLoansMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans System Software2022-12-310001653384rway:SouthEasternUnitedStatesMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Biotechnology Mustang Bio, Inc. Common Stock Initial Acquisition Date 3/4/2022 Maturity Date 3/4/20322023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks2022-12-310001653384us-gaap:FairValueInputsLevel3Member2022-12-310001653384rway:DividendOneDeclaredDateMember2018-01-012018-12-310001653384us-gaap:WarrantMemberrway:SalesOrRepaymentsOfInvestmentsMember2023-01-012023-09-300001653384rway:BorrowingMemberrway:DecemberTwoThousandTwentySixNotesMember2022-12-310001653384rway:ScenarioMoreThanFiveHunderedMillionButLessThanOneBillionMemberrway:AdvisoryAgreementMemberrway:QuarterlyBaseRateMember2023-01-012023-09-300001653384rway:PortfolioInvestmentsMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384rway:AdvisoryAgreementMemberrway:PayableInCashMember2023-07-012023-09-300001653384us-gaap:TreasuryStockCommonMember2022-09-300001653384us-gaap:DividendDeclaredMember2022-01-012022-09-300001653384us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember2023-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks Technology Hardware, Storage & Peripherals2022-12-310001653384rway:PortfolioInvestmentsMemberus-gaap:PreferredStockMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384us-gaap:DomesticCountryMember2023-09-300001653384us-gaap:WarrantMembersrt:MaximumMemberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMember2022-12-310001653384rway:EducationServicesMember2023-09-300001653384rway:DividendsPaidInCashMember2023-07-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Gynesonics, Inc. Interest Rate SOFR+8.75%, 9.25% floor, 3.50% ETP Initial Acquisition Date 12/1/2020 Maturity Date 12/1/20252022-12-310001653384rway:SecondLienTermLoansMemberrway:EndingFairValueOfInvestmentMember2022-01-012022-09-300001653384rway:AugustTwoThousandTwentySevenNotesMemberus-gaap:LongTermDebtMember2023-09-300001653384rway:DividendEightDeclaredDateMember2023-01-012023-09-300001653384Control Investments Preferred Stocks Mojix, Inc. Series A-1 Preferred Stock2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Electronic Equipment & Instruments Epic IO Technologies, Inc. Success fee Initial Acquisition Date 12/17/2021 Maturity Date 12/17/20242023-09-300001653384Control Investments Senior Secured Term Loans Pivot3, Inc2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology CareCloud, Inc. Common Stock Initial Acquisition Date 1/8/2022 Maturity Date 1/8/20232022-01-012022-12-310001653384rway:EndingFairValueOfInvestmentMemberrway:SeniorSecuredTermLoansMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Property & Casualty Insurance Kin Insurance, Inc. Interest Rate PRIME+6.25%, 12.50% floor, 3.00% ETP Initial Acquisition Date 9/26/2022 Maturity Date 9/15/20262023-01-012023-09-300001653384rway:DividendFourteenDeclaredDateMember2021-01-012021-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology SetPoint Medical Corporation Interest Rate SOFR+5.75%, 9.00% floor, 4.00% ETP Initial Acquisition Date 12/29/2022 Maturity Date 12/1/20272023-01-012023-09-300001653384rway:BeginningFairValueOfInvestmentMember2022-01-012022-09-300001653384us-gaap:RetainedEarningsMember2021-12-310001653384rway:PurchasesOfInvestmentsMemberus-gaap:CommonStockMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Preferred Stocks Health Care Technology CareCloud, Inc. 11% Series A Cumulative Redeemable Perpetual Initial Acquisition Date 1/8/20202022-12-310001653384us-gaap:AdditionalPaidInCapitalMember2022-06-300001653384us-gaap:LongTermDebtMemberrway:DecemberTwoThousandTwentySixNotesMember2021-12-100001653384rway:OaktreeCapitalManagementLimitedPartnershipMemberrway:SharesSubjectToProxyVotingMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Technology Hardware, Storage & Peripherals RealWear, Inc. Series A Preferred Stock Initial Acquisition Date 12/28/2018 Maturity Date 12/28/20282022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Mingle Healthcare Solutions, Inc. Interest Rate SOFR+9.50%, 12.01% floor, .25% PIK, 10.50% ETP Initial Acquisition Date 8/15/2018 Maturity Date 12/15/20232023-01-012023-09-300001653384rway:AmortizationOfFixedIncomePremiumsOrAccretionOfDiscountsMember2022-01-012022-09-300001653384Control Investments Senior Secured Term Loans Mojix, Inc Two2022-12-310001653384srt:MinimumMemberus-gaap:FairValueInputsLevel3Memberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberrway:SeniorSecuredTermLoansMemberus-gaap:MeasurementInputDiscountRateMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Electronic Equipment & Instruments2022-12-310001653384rway:ScenarioUpToFiveHunderedMillionMemberrway:AdvisoryAgreementMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services2023-09-300001653384rway:DeferredPaymentsMemberrway:AdvisoryAgreementMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology SetPoint Medical Corporation Series B Preferred Stock Initial Acquisition Date 6/29/2021 Maturity Date 6/29/20312023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology SetPoint Medical Corporation Series B Preferred Stock Initial Acquisition Date 12/29/2022 Maturity Date 12/29/20322022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services Interactions Corporation Interest Rate SOFR+9.26%, 9.76% floor, 3.4375% ETP Initial Acquisition Date 6/24/2022 Maturity Date 6/15/20272023-01-012023-09-300001653384Control Investments Warrants Mojix, Inc Three2022-12-310001653384Non-Control/Non-Affiliate Investments Second Lien Term Loans System Software2022-12-310001653384Control Investments Warrants Mojix, Inc Three2022-01-012022-12-310001653384us-gaap:RetainedEarningsMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Preferred Stocks Application Software Aria Systems, Inc. Series G Preferred Stock Initial Acquisition Date 7/10/20182023-09-300001653384us-gaap:WarrantMemberus-gaap:FairValueInputsLevel3Memberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMember2022-12-310001653384srt:MaximumMemberrway:MeasurementInputOriginationYieldMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMemberus-gaap:MarketApproachValuationTechniqueMember2023-09-300001653384us-gaap:PreferredStockMemberrway:NetRealizedGainLossOnInvestmentsMember2023-01-012023-09-300001653384rway:RouteNinetyTwoMedicalIncorporationMemberus-gaap:SubsequentEventMember2023-11-060001653384Affiliate Investments Common Stocks Application Software2022-12-310001653384Non-Control/Non-Affiliate Investments Common Stocks Technology Hardware, Storage & Peripherals Quantum Corporation Initial Acquisition Date 8/13/20212022-12-310001653384rway:CreditFacilityMember2019-05-310001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Allurion Technologies, Inc. Earnout Initial Acquisition Date 8/2/2023 Maturity Date 8/1/20282023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks Application Software2022-12-310001653384rway:WesternUnitedStatesMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Fidelis Cybersecurity, Inc. Common Stock Initial Acquisition Date 3/25/2022 Maturity Date 3/25/20322023-01-012023-09-300001653384Control Investments Senior Secured Term Loans Pivot3, Inc.2023-01-012023-09-300001653384rway:LondonInterBankOfferedRateMember2023-09-300001653384rway:NetChangeInUnrealizedGainLossOnLevel3InvestmentsStillHeldMemberrway:SeniorSecuredTermLoansMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Property & Casualty Insurance Kin Insurance, Inc. Series D-3 Preferred Stock Initial Acquisition Date 9/26/2022 Maturity Date 9/26/20322023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Electronic Equipment & Instruments Intellisite Holdings, Inc. (dba Epic IO Technologies, Inc.) Interest Rate SOFR+9.75%, 10.25% floor, 2.00% ETP Initial Acquisition Date 12/17/2021 Maturity Date 12/17/20252022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software VTX Intermediate Holdings, Inc. (dba VertexOne) Interest Rate SOFR+9.00%, 9.50% floor, 4.50% ETP Initial Acquisition Date 12/28/2021 Maturity Date 12/28/20262022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Human Resource & Employment Services2023-09-300001653384rway:AdvisoryAgreementMemberrway:PayableInCashMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Application Software Circadence Corporation Series A-6 Preferred Stock Initial Acquisition Date 10/31/2019 Maturity Date 10/31/20292023-09-300001653384us-gaap:CommonStockMember2023-06-300001653384Non-Control/Non-Affiliate Investments Warrants Technology Hardware, Storage & Peripherals RealWear, Inc. Series A Preferred Stock Initial Acquisition Date 6/27/2019 Maturity Date 6/27/20292023-09-300001653384rway:BiotechnologyMember2022-12-310001653384rway:SecondLienTermLoansMemberrway:AmortizationOfFixedIncomePremiumsOrAccretionOfDiscountsMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants System Software2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants System Software Scale Computing, Inc. Common Stock Initial Acquisition Date 3/29/2019 Maturity Date 3/29/20292022-01-012022-12-310001653384us-gaap:FairValueInputsLevel3Memberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberrway:SeniorSecuredTermLoansMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Technology Hardware, Storage & Peripherals RealWear, Inc. Series A Preferred Stock Initial Acquisition Date 6/27/2019 Maturity Date 6/27/20292023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet & Direct Marketing Retail Marley Spoon SE Interest Rate SOFR+7.50%, 8.26% floor,PIK, 9.26% floor Initial Acquisition Date 6/30/2021 Maturity Date 6/15/20262023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology SetPoint Medical Corporation Series B Preferred Stock Initial Acquisition Date 6/29/2021 Maturity Date 6/29/20312023-01-012023-09-300001653384rway:SalesOrRepaymentsOfInvestmentsMemberrway:SecondLienTermLoansMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Property & Casualty Insurance Kin Insurance, Inc. Interest Rate PRIME+6.25%, 12.50% floor, 3.00% ETP Initial Acquisition Date 9/26/2022 Maturity Date 9/15/20262022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Specialized Consumer Services Credit Sesame, Inc. Common Stock Initial Acquisition Date 1/7/2020 Maturity Date 1/7/20302023-09-300001653384rway:DecemberTwoThousandTwentySixNotesMember2022-01-012022-09-300001653384Affiliate Investments Warrants Coginiti Corp Warrants for warrant for common stock2022-12-310001653384rway:SpecializedConsumerServicesMember2022-12-310001653384us-gaap:WarrantMembersrt:MaximumMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputPriceVolatilityMember2022-12-310001653384srt:MinimumMemberus-gaap:InvestmentAffiliatedIssuerControlledMember2023-01-012023-09-300001653384us-gaap:CommonStockMember2022-07-012022-09-300001653384rway:DividendTwentyFourDeclaredDateMember2023-01-012023-09-300001653384us-gaap:CreditConcentrationRiskMemberrway:FairValueOfInvestmentsMemberrway:InvestmentInPortfolioCompaniesMember2023-01-012023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:IntellisiteHoldingsIncorporationMember2022-12-310001653384srt:MinimumMemberrway:MeasurementInputOriginationYieldMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMemberus-gaap:MarketApproachValuationTechniqueMember2023-09-300001653384srt:ParentCompanyMember2020-03-312021-03-240001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRevenueMultipleMembersrt:MinimumMemberus-gaap:FairValueInputsLevel3Memberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMember2023-09-300001653384Non-Control/Non-Affiliate Investments Preferred Stocks2022-12-310001653384srt:MinimumMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Property & Casualty Insurance Kin Insurance, Inc. Series D-3 Preferred Stock Initial Acquisition Date 5/5/2023 Maturity Date 5/5/20332023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services2023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:MadisonReedIncorporationMember2022-12-310001653384rway:DecemberTwoThousandTwentySixNotesMember2023-07-012023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:CommonStockMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384country:GB2023-09-300001653384us-gaap:WarrantMemberrway:EndingFairValueOfInvestmentMember2022-01-012022-09-300001653384rway:NetChangeInUnrealizedGainLossOnLevel3InvestmentsStillHeldMemberus-gaap:CommonStockMember2023-01-012023-09-300001653384us-gaap:WarrantMembersrt:MaximumMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputPriceVolatilityMember2023-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks Internet & Direct Marketing Retail Marley Spoon SE Common Stock Initial Acquisition Date 7/7/20232023-09-300001653384rway:BorrowingMemberrway:CreditFacilityMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology VERO Biotech LLC Success Fee Initial Acquisition Date 12/29/2020 Maturity Date 12/29/20252023-01-012023-09-300001653384us-gaap:PreferredStockMembersrt:MaximumMemberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMember2023-09-300001653384srt:MaximumMemberrway:AdvisoryAgreementMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks Technology Hardware, Storage & Peripherals zSpace, Inc. Initial Acquisition Date 12/31/20202022-01-012022-12-310001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384rway:DecemberTwoThousandTwentySevenNotesMemberus-gaap:LongTermDebtMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Synack, Inc. Common Stock Initial Acquisition Date 6/30/2022 Maturity Date 6/30/20322022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software VTX Intermediate Holdings, Inc. (dba VertexOne) Interest Rate SOFR+9.00%, 9.50% floor, 10.00% cash cap, 4.50% ETP Initial Acquisition Date 12/28/2021 Maturity Date 12/28/20262023-01-012023-09-300001653384rway:DividendTenDeclaredDateMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Allurion Technologies, Inc. Interest Rate PRIME+6.44%, 9.50% floor, 3.00% ETP Initial Acquisition Date 12/30/2021 Maturity Date 12/30/20262022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services CloudPay, Inc. Series D Preferred Stock Initial Acquisition Date 8/17/2021 Maturity Date 8/17/20312022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Technology Hardware, Storage & Peripherals RealWear, Inc. Series A Preferred Stock Initial Acquisition Date 10/5/2018 Maturity Date 10/5/20282022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology VERO Biotech LLC Success Fee Initial Acquisition Date 12/29/2020 Maturity Date 12/29/20252023-09-300001653384rway:USPrimeRateMember2023-09-300001653384rway:InitialPrivateOfferingMembersrt:MaximumMember2016-12-312016-12-310001653384rway:AdvisoryAgreementMember2022-01-012022-09-300001653384us-gaap:LongTermDebtMemberrway:TwoThousandTwentySixNotesMember2023-04-130001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software FiscalNote, Inc. Interest Rate PRIME+5.00%, 9.00% floor, 1.00% PIK, 4.25% ETP Initial Acquisition Date 10/19/2020 Maturity Date 7/15/20272022-01-012022-12-310001653384rway:BorrowingMemberrway:TwoThousandTwentySixNotesMember2023-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks Application Software FiscalNote, Inc. Common Stock Initial Acquisition Date 10/19/20202023-09-300001653384rway:SpecializedConsumerServicesMember2023-09-300001653384Affiliate Investments Senior Secured Term Loans Health Care Technology2023-09-3000016533842023-06-300001653384us-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services CloudPay, Inc. Series B Preferred Stock Initial Acquisition Date 6/30/2020 Maturity Date 6/30/20302022-01-012022-12-310001653384srt:MaximumMemberrway:MeasurementInputOriginationYieldMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMemberus-gaap:MarketApproachValuationTechniqueMember2022-12-310001653384Affiliate Investments Warrants2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Data Processing & Outsourced Services2023-09-300001653384us-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:MinimumMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMemberus-gaap:MeasurementInputDiscountRateMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services ShareThis, Inc. Interest Rate SOFR+9.25%, 11.86% floor, 3.00% ETP Initial Acquisition Date 12/3/2018 Maturity Date 7/15/20252023-01-012023-09-300001653384us-gaap:InvestmentAffiliatedIssuerControlledMember2023-07-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants System Software Dejero Labs Inc. Common Stock Initial Acquisition Date 5/31/2019 Maturity Date 5/31/20292023-01-012023-09-300001653384us-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2022-07-012022-09-300001653384rway:PayableInCashMemberrway:AdvisoryAgreementMember2022-01-012022-09-300001653384us-gaap:LongTermDebtMemberrway:TwoThousandTwentySixNotesMember2022-12-310001653384rway:DividendsPaidInCashMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Computer & Electronics Retail Massdrop, Inc. Series B Preferred Stock Initial Acquisition Date 7/22/2019 Maturity Date 7/22/20292022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services CloudPay, Inc. Series B Preferred Stock Initial Acquisition Date 6/30/2020 Maturity Date 6/30/20302022-12-310001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel1Memberrway:SecondLienTermLoansMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384Affiliate Investments Preferred Stocks Health Care Technology Gynesonics, Inc. Series A-2 Preferred Stock Initial Acquisition Date 3/1/20232023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Allurion Technologies, Inc. Common Stock Initial Acquisition Date 6/14/2022 Maturity Date 1/22/20252023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Bombora, Inc. Common Stock Initial Acquisition Date 3/31/2021 Maturity Date 3/31/20312023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Human Resource & Employment Services Snagajob.com, Inc. Interest Rate SOFR+8.50%, 9.00% floor, 50% of interest PIK, 2.75% ETP Initial Acquisition Date 9/29/2021 Maturity Date 9/1/20252023-01-012023-09-300001653384us-gaap:WarrantMemberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberus-gaap:FairValueInputsLevel3Member2023-09-300001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRiskFreeInterestRateMembersrt:MinimumMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2023-09-300001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRiskFreeInterestRateMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMember2023-09-300001653384rway:SouthCentralUnitedStatesMember2023-09-300001653384Affiliate Investments Warrants Health Care Technology Gynesonics, Inc. Success fee Initial Acquisition Date 3/1/2023 Maturity Date 3/1/20302023-01-012023-09-300001653384srt:MaximumMemberrway:MeasurementInputOriginationYieldMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMember2023-09-300001653384us-gaap:RetainedEarningsMember2022-12-310001653384rway:DividendsPaidInCashMember2022-07-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants System Software2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software 3DNA Corp. (dba NationBuilder) Series C-1 Preferred Stock Initial Acquisition Date 12/28/2018 Maturity Date 12/28/20282022-12-310001653384Affiliate Investments Common Stocks Coginiti Corp Common Stock2022-01-012022-12-310001653384Control Investments Senior Secured Term Loans2022-01-012022-12-310001653384rway:SeniorSecuredTermLoansMemberrway:RevelleAestheticsIncorporationMember2022-12-310001653384Affiliate Investments Senior Secured Term Loans Health Care Technology Gynesonics, Inc. SOFR+8.75%, 8.00% ceiling, 5.00% ETP Initial Acquisition Date 3/1/2023 Maturity Date 11/30/20262023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:CommonStockMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384rway:NetChangeInUnrealizedGainLossOnInvestmentsMember2023-01-012023-09-300001653384Control Investments Warrants Mojix, Inc Two2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Application Software Porch Group, Inc. Earnout Initial Acquisition Date 12/23/2020 Maturity Date 12/23/20232022-12-310001653384rway:Pivot3IncMember2022-01-012022-12-310001653384rway:PurchasesOfInvestmentsMember2023-01-012023-09-300001653384us-gaap:PreferredStockMembersrt:MaximumMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputPriceVolatilityMember2023-09-300001653384us-gaap:PreferredStockMemberrway:NetChangeInUnrealizedGainLossOnLevel3InvestmentsStillHeldMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Computer & Electronics Retail Massdrop, Inc. Series B Preferred Stock Initial Acquisition Date 7/22/2019 Maturity Date 7/22/20292022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Electronic Equipment & Instruments2023-09-300001653384rway:DividendSixteenDeclaredDateMember2021-01-012021-12-310001653384rway:NetRealizedGainLossOnInvestmentsMemberus-gaap:CommonStockMember2023-01-012023-09-300001653384rway:BiotechnologyMember2023-09-300001653384rway:NorthWesternUnitedStatesMember2022-12-310001653384rway:SecondLienTermLoansMemberrway:AmortizationOfFixedIncomePremiumsOrAccretionOfDiscountsMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet & Direct Marketing Retail Marley Spoon AG Interest Rate SOFR+8.50%, 1.25% PIK, 9.26% floor Initial Acquisition Date 6/30/2021 Maturity Date 6/15/20252022-01-012022-12-310001653384Control Investments Warrants Mojix, Inc One2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Application Software Dtex Systems, Inc. Series C-Prime Preferred Stock Initial Acquisition Date 7/11/2019 Maturity Date 7/11/20262023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Preferred Stocks Health Care Technology CareCloud, Inc. 11% Series A Cumulative Redeemable Perpetual Initial Acquisition Date 1/8/20202022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Allurion Technologies, Inc. Series D-1 Preferred Stock Initial Acquisition Date 6/14/2022 Maturity Date 3/30/20322022-01-012022-12-310001653384us-gaap:TreasuryStockCommonMember2022-07-012022-09-300001653384rway:DividendThirteenDeclaredDateMember2020-01-012020-12-310001653384Control Investments Senior Secured Term Loans Mojix, Inc Three2021-12-310001653384us-gaap:PreferredStockMemberrway:SalesOrRepaymentsOfInvestmentsMember2023-01-012023-09-300001653384rway:AdministrationAgreementMemberrway:ThirdPartyServiceProviderMember2022-07-012022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Electronic Equipment & Instruments Brivo,Inc. Interest Rate SOFR+6.85%, 10.89% floor, 50% of interest PIK, 3.00% ETP Initial Acquisition Date 10/20/2022 Maturity Date 10/20/20272022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Human Resource & Employment Services Snagajob.com, Inc. Interest Rate SOFR+8.50%, 9.00% floor, 50% of interest PIK, 2.75% ETP Initial Acquisition Date 9/29/2021 Maturity Date 9/1/20252023-09-300001653384Affiliate Investments Warrants Application Software Coginiti Corp Common Stock Initial Acquisition Date 3/9/2020 Maturity Date 3/9/20302022-12-310001653384us-gaap:LongTermDebtMemberrway:JulyTwoThousandTwentySevenNotesMember2022-12-310001653384Affiliate Investments Warrants Coginiti Corp Warrants for common stock2023-09-300001653384rway:NetChangeInUnrealizedGainLossOnInvestmentsMemberus-gaap:CommonStockMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Electronic Equipment & Instruments Epic IO Technologies, Inc. Success fee Initial Acquisition Date 12/17/2021 Maturity Date 12/17/20242023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks Technology Hardware, Storage & Peripherals Quantum Corporation Common Stock Initial Acquisition Date 8/13/20212023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Specialized Consumer Services2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet & Direct Marketing Retail2022-12-310001653384rway:PortfolioInvestmentsMemberrway:SeniorSecuredTermLoansMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384rway:ScenarioMoreThanFiveHunderedMillionButLessThanOneBillionMembersrt:MinimumMemberrway:AdvisoryAgreementMember2023-09-300001653384rway:DividendNineteenDeclaredDateMember2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet & Direct Marketing Retail Madison Reed, Inc. Interest Rate PRIME+4.75%, 11.00% floor, 3.00% ETP Initial Acquisition Date 12/16/2022 Maturity Date 12/16/20262022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Application Software FiscalNote, Inc. Earnout Initial Acquisition Date 7/29/2022 Maturity Date 7/29/20272023-09-300001653384rway:OverheadAllocationExpenseMemberrway:AdministrationAgreementMember2023-01-012023-09-300001653384rway:DecemberTwoThousandTwentySevenNotesMemberus-gaap:LongTermDebtMember2022-12-070001653384srt:MaximumMemberrway:ScenarioUpToFiveHunderedMillionMemberrway:AdvisoryAgreementMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology VERO Biotech LLC Interest Rate SOFR+9.05%, 9.55% floor, 3.00% ETP Initial Acquisition Date 12/29/2020 Maturity Date 12/1/20242022-01-012022-12-310001653384us-gaap:CreditConcentrationRiskMemberrway:FairValueOfInvestmentsMemberrway:InvestmentInPortfolioCompaniesMember2022-01-012022-12-310001653384Affiliate Investments Warrants2023-09-300001653384rway:AdvisoryAgreementMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Technology Hardware, Storage & Peripherals2023-09-300001653384Non-Control/Non-Affiliate Investments Preferred Stocks Application Software Aria Systems, Inc. Series G Preferred Stock Initial Acquisition Date 7/10/20182022-12-310001653384rway:BorrowingMemberrway:AprilTwoThousandTwentySixNotesMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services CloudPay, Inc. Series B Preferred Stock Initial Acquisition Date 6/30/2020 Maturity Date 6/30/20302023-01-012023-09-300001653384Control Investments Preferred Stocks2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Application Software 3DNA Corp. (dba NationBuilder) Series C-1 Preferred Stock Initial Acquisition Date 12/28/2018 Maturity Date 12/28/20282023-09-300001653384Control Investments Senior Secured Term Loans Mojix, Inc Three2022-12-3100016533842022-01-012022-12-310001653384us-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:MaximumMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMemberus-gaap:MeasurementInputDiscountRateMember2022-12-310001653384rway:DividendFiveDeclaredDateMember2019-01-012019-12-310001653384rway:AdministrationAgreementMemberrway:ThirdPartyServiceProviderMember2023-01-012023-09-300001653384country:DE2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Human Resource & Employment Services CloudPay, Inc. Series D Preferred Stock Initial Acquisition Date 8/17/2021 Maturity Date 8/17/20312023-09-300001653384rway:ScenarioMoreThanFiveHunderedMillionButLessThanOneBillionMembersrt:MaximumMemberrway:AdvisoryAgreementMember2023-09-300001653384rway:ApplicationSoftwareMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services ShareThis, Inc. Interest Rate SOFR+9.25%, 11.86% floor, 3.00% ETP Initial Acquisition Date 12/3/2018 Maturity Date 7/15/20252022-12-310001653384rway:OverheadAllocationExpenseMemberrway:AdministrationAgreementMember2022-07-012022-09-300001653384rway:PaidInKindInterestOfInvestmentMemberrway:SecondLienTermLoansMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services2022-12-310001653384srt:MinimumMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2023-01-012023-09-300001653384rway:NetAssetsMembersrt:MinimumMemberus-gaap:CreditConcentrationRiskMember2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Internet & Direct Marketing Retail Madison Reed, Inc. Success Fee Initial Acquisition Date 12/16/20222022-12-310001653384rway:MeasurementInputOriginationYieldMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Skillshare, Inc. Success Fee Initial Acquisition Date 11/8/2022 Maturity Date 11/8/20262023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans2023-09-300001653384rway:TransfersOutOfLevel3Member2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Mingle Healthcare Solutions, Inc. Series CC Preferred Stock Initial Acquisition Date 8/15/2018 Maturity Date 8/15/20282023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services ShareThis, Inc. Interest Rate SOFR+9.25%, 11.86% floor, 3.00% ETP Initial Acquisition Date 12/3/2018 Maturity Date 7/15/20252022-01-012022-12-310001653384srt:ParentCompanyMember2020-03-310001653384Affiliate Investments Warrants Gynesonics, Inc. Success fee2023-09-300001653384Affiliate Investments2022-01-012022-12-310001653384rway:TwoThousandTwentySevenNotesMember2023-09-300001653384us-gaap:TreasuryStockCommonMember2022-06-300001653384rway:AugustTwoThousandTwentySevenNotesMember2023-07-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Mingle Healthcare Solutions, Inc. Interest Rate SOFR+9.50%, 12.01% floor, .25% PIK, 10.50% ETP Initial Acquisition Date 8/15/2018 Maturity Date 12/15/20232022-12-310001653384us-gaap:PreferredStockMemberrway:NetChangeInUnrealizedGainLossOnLevel3InvestmentsStillHeldMember2022-01-012022-09-300001653384us-gaap:WarrantMemberrway:EndingFairValueOfInvestmentMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks Technology Hardware, Storage & Peripherals Quantum Corporation Initial Acquisition Date 8/13/20212022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Advertising STN Video Inc. Class B Non-Voting Stock Initial Acquisition Date 6/30/2017 Maturity Date 6/30/20272023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Internet & Direct Marketing Retail Madison Reed, Inc. Success Fee Initial Acquisition Date 12/16/20222023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Computer & Electronics Retail Massdrop, Inc. Series B Preferred Stock Initial Acquisition Date 7/22/2019 Maturity Date 7/22/20292023-09-300001653384us-gaap:WarrantMemberrway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Property & Casualty Insurance Kin Insurance, Inc. Series D-3 Preferred Stock Initial Acquisition Date 5/5/2023 Maturity Date 5/5/20332023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Education Services2023-09-300001653384us-gaap:AdditionalPaidInCapitalMember2022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology EBR Systems, Inc. Interest Rate PRIME+4.90%, 8.90% floor, 4.50% ETP Initial Acquisition Date 6/30/2022 Maturity Date 6/15/20272023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans System Software 3PL Central LLC Interest Rate SOFR+4.50%, 6.50 floor, 2.50% PIK, 2.00% ETP Initial Acquisition Date 11/9/2022 Maturity Date 11/9/20272022-01-012022-12-310001653384Control Investments Preferred Stocks Mojix, Inc. Series A-1 Preferred Stock2021-12-310001653384rway:DecemberTwoThousandTwentySevenNotesMemberus-gaap:LongTermDebtMember2022-12-310001653384Control Investments Senior Secured Term Loans Mojix, Inc Five2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments2022-12-310001653384us-gaap:InvestmentAffiliatedIssuerControlledMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Human Resource & Employment Services Snagajob.com, Inc. Interest Rate SOFR+8.50%, 9.00% floor, 9.00% cash cap, 2.75% ETP Initial Acquisition Date 9/29/2021 Maturity Date 9/1/20252022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Data Processing & Outsourced Services ShareThis, Inc. Series D-3 Preferred Stock Initial Acquisition Date 12/3/2018 Maturity Date 12/3/20282022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Advertising STN Video Inc. Class B Non-Voting Stock Initial Acquisition Date 6/30/2017 Maturity Date 6/30/20272022-01-012022-12-310001653384srt:MaximumMemberus-gaap:FairValueInputsLevel3Memberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberrway:SeniorSecuredTermLoansMemberus-gaap:MeasurementInputDiscountRateMember2023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel2Memberrway:SeniorSecuredTermLoansMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384rway:SalesOrRepaymentsOfInvestmentsMemberus-gaap:CommonStockMember2022-01-012022-09-300001653384rway:AdvisoryAgreementMember2023-07-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Technology Hardware, Storage & Peripherals RealWear, Inc. Series A Preferred Stock Initial Acquisition Date 10/5/2018 Maturity Date 10/5/20282022-01-012022-12-310001653384Control Investments Senior Secured Term Loans Mojix, Inc One2022-01-012022-12-310001653384us-gaap:PreferredStockMemberrway:AmortizationOfFixedIncomePremiumsOrAccretionOfDiscountsMember2023-01-012023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:KinInsuranceIncorporationMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Specialized Consumer Services Credit Sesame, Inc. Common Stock Initial Acquisition Date 1/7/2020 Maturity Date 1/7/20302022-01-012022-12-310001653384rway:OaktreeCapitalManagementLimitedPartnershipMember2023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:RouteNinetyTwoMedicalIncorporationMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Application Software Circadence Corporation Series A-6 Preferred Stock Initial Acquisition Date 10/31/2019 Maturity Date 10/31/20292022-01-012022-12-310001653384rway:AugustTwoThousandTwentySevenNotesMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Porch Group, Inc. Earnout Initial Acquisition Date 12/23/2020 Maturity Date 12/23/20232023-09-300001653384Control Investments, Warrants2022-12-310001653384rway:DividendTwelveDeclaredDateMember2023-01-012023-09-300001653384us-gaap:WarrantMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2023-09-300001653384rway:DeferredPaymentsMemberrway:AdvisoryAgreementMember2023-07-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Mingle Healthcare Solutions, Inc. Series CC Preferred Stock Initial Acquisition Date 8/15/2018 Maturity Date 8/15/20282023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Electronic Equipment & Instruments Brivo, Inc. Series A-2 Preferred Stock Initial Acquisition Date 10/20/2022 Maturity Date 10/20/20322022-12-310001653384us-gaap:PreferredStockMemberrway:PurchasesOfInvestmentsMember2022-01-012022-09-300001653384us-gaap:WarrantMembersrt:MaximumMemberus-gaap:MeasurementInputExpectedTermMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2022-12-310001653384rway:TransfersOutOfLevel3Memberus-gaap:CommonStockMember2023-01-012023-09-300001653384us-gaap:LongTermDebtMemberrway:DecemberTwoThousandTwentySixNotesMember2021-12-102021-12-100001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services INRIX, Inc. Interest Rate SOFR+9.00%, 9.76% floor, 2.50% ETP Initial Acquisition Date 11/15/2021 Maturity Date 11/15/20252022-01-012022-12-310001653384Affiliate Investments Warrants Application Software2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Equipment Revelle Aesthetics, Inc. Series A-2 Preferred Stock Initial Acquisition Date 3/30/2022 Maturity Date 3/30/30322023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Equipment Revelle Aesthetics, Inc. Series A-2 Preferred Stock Initial Acquisition Date 3/30/2022 Maturity Date 3/30/30322022-01-012022-12-310001653384us-gaap:WarrantMembersrt:MinimumMemberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Allurion Technologies, Inc. Common Stock Initial Acquisition Date 09/15/2022 Maturity Date 1/22/20252023-01-012023-09-300001653384us-gaap:WarrantMemberrway:TransfersOutOfLevel3Member2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Circadence Corporation Series A-6 Preferred Stock Initial Acquisition Date 10/31/2019 Maturity Date 10/31/20292022-12-310001653384rway:SeniorSecuredTermLoansMemberrway:MoximedIncorporationMember2023-09-300001653384rway:DividendTwoDeclaredDateMember2018-01-012018-12-310001653384us-gaap:PreferredStockMembersrt:MaximumMemberus-gaap:MeasurementInputExpectedTermMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2023-09-300001653384rway:DividendNineteenDeclaredDateMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Technology Hardware, Storage & Peripherals RealWear, Inc. Series A Preferred Stock Initial Acquisition Date 6/27/2019 Maturity Date 6/27/20292022-12-310001653384Non-Control/Non-Affiliate Investments Preferred Stocks Health Care Technology CareCloud, Inc. 11% Series A Cumulative Redeemable Perpetual Preferred Stock Initial Acquisition Date 1/8/20202023-01-012023-09-300001653384us-gaap:PreferredStockMemberrway:AmortizationOfFixedIncomePremiumsOrAccretionOfDiscountsMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Data Processing & Outsourced Services Interactions Corporation Common Stock Initial Acquisition Date 6/24/2022 Maturity Date 6/24/20322023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Gynesonics, Inc. Series G Convertible Preferred Stock Initial Acquisition Date 11/19/2021 Maturity Date 11/19/20312022-12-310001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384Control Investments Senior Secured Term Loans2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Computer & Electronics Retail Massdrop, Inc. Series B Preferred Stock Initial Acquisition Date 7/22/2019 Maturity Date 7/22/20292023-01-012023-09-300001653384us-gaap:PreferredStockMemberus-gaap:MeasurementInputRevenueMultipleMembersrt:MinimumMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Mingle Healthcare Solutions, Inc. Series CC Preferred Stock Initial Acquisition Date 8/15/2018 Maturity Date 8/15/20282022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Electronic Equipment & Instruments Brivo,Inc. Interest Rate SOFR+6.85%, 10.89% floor, 50% of interest PIK, 3.00% ETP Initial Acquisition Date 10/20/2022 Maturity Date 10/20/20272022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Application Software 3DNA Corp. (dba NationBuilder) Series C-1 Preferred Stock Initial Acquisition Date 12/28/2018 Maturity Date 12/28/20282023-01-012023-09-300001653384us-gaap:CreditConcentrationRiskMemberrway:FairValueOfInvestmentsMember2022-01-012022-12-310001653384rway:MeasurementInputOriginationYieldMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMembersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMember2023-09-300001653384us-gaap:WarrantMembersrt:MaximumMemberus-gaap:MeasurementInputRevenueMultipleMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2023-09-300001653384rway:DecemberTwoThousandTwentySevenNotesMember2023-01-012023-09-300001653384rway:AdministrationAgreementMemberrway:ThirdPartyServiceProviderMember2023-07-012023-09-300001653384us-gaap:WarrantMembersrt:MaximumMemberus-gaap:MeasurementInputRevenueMultipleMemberrway:ValuationTechniqueProbabilityWeightedExpectedReturnModelsMemberus-gaap:FairValueInputsLevel3Member2022-12-310001653384rway:NetChangeInUnrealizedGainLossOnInvestmentsMemberrway:SecondLienTermLoansMember2022-01-012022-09-300001653384rway:ComputerAndElectronicsRetailMember2022-12-310001653384rway:DataProcessingAndOutsourcedServicesMember2022-12-310001653384country:GB2022-12-310001653384us-gaap:WarrantMemberrway:PaidInKindInterestOfInvestmentMember2022-01-012022-09-300001653384us-gaap:RetainedEarningsMember2023-07-012023-09-300001653384us-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:MinimumMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMember2022-12-310001653384rway:TransfersOutOfLevel3Memberus-gaap:CommonStockMember2022-01-012022-09-300001653384rway:DividendFourDeclaredDateMember2019-01-012019-12-310001653384rway:AmortizationOfFixedIncomePremiumsOrAccretionOfDiscountsMemberrway:SeniorSecuredTermLoansMember2022-01-012022-09-300001653384Affiliate Investments Common Stocks Application Software Coginiti Corp Common Stock Initial Acquisition Date 3/9/20202023-09-300001653384Affiliate Investments2023-09-300001653384us-gaap:DomesticCountryMember2022-12-310001653384rway:BeginningFairValueOfInvestmentMemberus-gaap:CommonStockMember2022-01-012022-09-300001653384rway:NetAssetsMembersrt:MinimumMemberus-gaap:CreditConcentrationRiskMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Dtex Systems, Inc. Series C-Prime Preferred Stock Initial Acquisition Date 7/11/2019 Maturity Date 7/11/20262023-09-300001653384rway:BorrowingMemberrway:JulyTwoThousandTwentySevenNotesMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Data Processing & Outsourced Services Interactions Corporation Common Stock Initial Acquisition Date 6/24/2022 Maturity Date 6/24/20322022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Synack, Inc. Interest Rate PRIME+4.25%, 8.25% floor Initial Acquisition Date 6/30/2022 Maturity Date 6/30/20272023-09-300001653384rway:PurchasesOfInvestmentsMemberrway:SeniorSecuredTermLoansMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology SetPoint Medical Corporation Interest Rate SOFR+5.75%, 9.00% floor, 4.00% ETP Initial Acquisition Date 12/29/2022 Maturity Date 12/1/20272022-12-310001653384Control Investments Senior Secured Term Loans Mojix, Inc One2022-12-310001653384rway:SevenPointFiveZeroPercentageNotesDueTwoThousandTwentySevenMember2023-01-012023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:EBRSystemsIncorporationMember2023-09-300001653384rway:BeginningFairValueOfInvestmentMemberrway:SecondLienTermLoansMember2022-01-012022-09-300001653384rway:MidWesternUnitedStatesMember2022-12-310001653384rway:DividendThreeDeclaredDateMember2018-01-012018-12-310001653384Affiliate Investments Preferred Stocks2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Property & Casualty Insurance2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Biotechnology TRACON Pharmaceuticals, Inc. Common Stock Initial Acquisition Date 9/2/2022 Maturity Date 9/2/20322023-01-012023-09-300001653384us-gaap:LongTermDebtMemberrway:DebtInstrumentInitialIssuanceClosedOnDecemberTenTwoThousandTwentyOneMemberrway:TwoThousandTwentySixNotesMember2023-01-012023-09-300001653384rway:DividendNineDeclaredDateMember2019-01-012019-12-310001653384us-gaap:CommonStockMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology SetPoint Medical Corporation Series B Preferred Stock Initial Acquisition Date 6/29/2021 Maturity Date 6/29/20312022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Allurion Technologies, Inc. Interest Rate PRIME+6.44%, 9.50% floor, 3.00% ETP Initial Acquisition Date 12/30/2021 Maturity Date 12/30/20262022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Second Lien Term Loans System Software2023-09-300001653384us-gaap:WarrantMemberrway:SalesOrRepaymentsOfInvestmentsMember2022-01-012022-09-300001653384us-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:MaximumMemberrway:SecondLienTermLoansMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Education Services2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet & Direct Marketing Retail2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology EBR Systems, Inc. Success fee Initial Acquisition Date 6/30/2022 Maturity Date 6/30/20322022-12-310001653384us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384rway:NetChangeInUnrealizedGainLossOnLevel3InvestmentsStillHeldMember2023-01-012023-09-300001653384us-gaap:LongTermDebtMemberrway:TwoThousandTwentySixNotesMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Biotechnology Mustang Bio, Inc. Common Stock Initial Acquisition Date 3/4/2022 Maturity Date 3/4/20322022-01-012022-12-310001653384rway:CreditFacilityMember2023-01-012023-09-300001653384rway:DividendEighteenDeclaredDateMember2023-01-012023-09-300001653384rway:SystemSoftwareMember2022-12-310001653384rway:ScenarioMoreThanOneBillionMemberrway:AdvisoryAgreementMemberrway:QuarterlyBaseRateMember2023-01-012023-09-300001653384country:CA2022-12-310001653384Control Investments Senior Secured Term Loans Mojix, Inc Four2021-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Fidelis Cybersecurity, Inc. Interest Rate SOFR+11.00%, 12.00% floor, 2.39% ETP Initial Acquisition Date 5/13/2021 Maturity Date 5/13/20242022-01-012022-12-310001653384Affiliate Investments Common Stocks Coginiti Corp Common Stock2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Skillshare, Inc. Interest Rate SOFR+6.50%, 10.72% floor, 3.00% ETP Initial Acquisition Date 11/8/2022 Maturity Date 11/8/20262022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services Vesta Payment Solutions, Inc. Interest Rate SOFR+7.00%, 9.00% floor, 3.00% ETP Initial Acquisition Date 11/29/2022 Maturity Date 11/15/20262023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Property & Casualty Insurance Kin Insurance, Inc. Interest Rate PRIME+6.25%, 12.50% floor, 3.00% ETP Initial Acquisition Date 9/26/2022 Maturity Date 9/15/20262023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology2022-12-310001653384Non-Control/Non-Affiliate Investments Common Stocks Internet & Direct Marketing Retail2023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:NaluMedicalIncMember2023-09-300001653384Control Investments2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks Application Software FiscalNote, Inc. Common Stock Initial Acquisition Date 10/19/20202023-01-012023-09-300001653384rway:DividendNineDeclaredDateMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services Interactions Corporation Interest Rate SOFR+9.26%, 9.76% floor, 3.4375% ETP Initial Acquisition Date 6/24/2022 Maturity Date 6/15/20272022-01-012022-12-310001653384rway:ScenarioEightyPercentOfPortionOfPreIncentiveFeeNetIncomeThatIsBetweenTwoPercentAndTwoPointSixSixSevenPercentMemberrway:AdvisoryAgreementMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Data Processing & Outsourced Services ShareThis, Inc. Series D-3 Preferred Stock Initial Acquisition Date 12/3/2018 Maturity Date 12/3/20282023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Education Services Turning Tech Intermediate, Inc. (dba Echo 360, Inc.) Interest Rate SOFR+8.50%, 9.00% floor, 13.00% cash cap, 3.00% ETP Initial Acquisition Date 6/22/2021 Maturity Date 12/14/20252022-12-3100016533842022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology EBR Systems, Inc. Interest Rate PRIME+4.90%, 8.90% floor, 4.50% ETP Initial Acquisition Date 6/30/2022 Maturity Date 6/15/20272022-12-310001653384us-gaap:InvestmentUnaffiliatedIssuerMember2022-07-012022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software FiscalNote, Inc. Interest Rate PRIME+5.00%, 9.00% floor, 1.00% PIK, 4.25% ETP Initial Acquisition Date 10/19/2020 Maturity Date 7/15/20272022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Property & Casualty Insurance Kin Insurance, Inc. Series D-3 Preferred Stock Initial Acquisition Date 9/26/2022 Maturity Date 9/26/20322022-01-012022-12-310001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRiskFreeInterestRateMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMember2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Application Software2023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:SetPointMedicalCorporationMember2022-12-310001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Advertising STN Video Inc. Class B Non-Voting Stock Initial Acquisition Date 6/30/2017 Maturity Date 6/30/20272022-12-310001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel2Memberrway:SecondLienTermLoansMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384us-gaap:PreferredStockMemberrway:SalesOrRepaymentsOfInvestmentsMember2022-01-012022-09-300001653384Affiliate Investments Warrants2023-01-012023-09-300001653384rway:OaktreeCapitalManagementLimitedPartnershipMemberrway:InitialAndSecondPrivateOfferingMember2023-01-012023-09-300001653384rway:Scenario20OfPortionOfPreIncentiveFeeNetIncomeThatIsOverTwoPointSixSixSevenPercentMembersrt:MinimumMemberrway:AdvisoryAgreementMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Allurion Technologies, Inc. Common Stock Initial Acquisition Date 6/14/2022 Maturity Date 1/22/20252023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Dtex Systems, Inc. Series C-Prime Preferred Stock Initial Acquisition Date 6/1/2018 Maturity Date 6/1/20252023-01-012023-09-300001653384rway:JulyTwoThousandTwentySevenNotesMember2022-01-012022-09-300001653384us-gaap:RetainedEarningsMember2022-06-300001653384rway:InitialPrivateOfferingMember2017-12-012017-12-010001653384rway:DecemberTwoThousandTwentySixNotesMember2022-07-012022-09-300001653384us-gaap:InvestmentUnaffiliatedIssuerMember2022-12-310001653384rway:AugustTwoThousandTwentySevenNotesMember2022-07-012022-09-300001653384rway:OcmGrowthHoldingsLlcMember2023-09-300001653384rway:DeferredPaymentsMemberrway:AdvisoryAgreementMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Internet Software and Services Synack, Inc. Interest Rate PRIME+4.25%, 8.25% floor Initial Acquisition Date 6/30/2022 Maturity Date 6/30/20272022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Electronic Equipment & Instruments Brivo, Inc. Series A-2 Preferred Stock Initial Acquisition Date 10/20/2022 Maturity Date 10/20/20322022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Internet Software and Services Longtail Ad Solutions, Inc. (dba JW Player) Common Stock Initial Acquisition Date 12/12/2019 Maturity Date 12/12/20292023-01-012023-09-300001653384us-gaap:LongTermDebtMemberrway:DecemberTwoThousandTwentySixNotesMember2022-12-310001653384Control Investments Senior Secured Term Loans Pivot3, Inc.2023-09-300001653384rway:Pivot3IncMember2023-09-300001653384us-gaap:CommonStockMember2022-06-300001653384us-gaap:WarrantMembersrt:MinimumMemberus-gaap:MeasurementInputExpectedTermMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2022-12-310001653384rway:EducationServicesMember2022-12-310001653384rway:InternetAndDirectMarketingRetailMember2022-12-310001653384rway:NorthEasternUnitedStatesMember2023-09-300001653384rway:DividendFiveDeclaredDateMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Route 92 Medical, Inc. Interest Rate SOFR+8.48%, 8.98% floor, 3.95% ETP Initial Acquisition Date 8/17/2021 Maturity Date 7/1/20262023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:PreferredStockMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384us-gaap:WarrantMemberrway:BeginningFairValueOfInvestmentMember2022-01-012022-09-300001653384rway:DividendTwentySixDeclaredDateMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Data Processing & Outsourced Services Vesta Payment Solutions, Inc. Interest Rate SOFR+7.00%, 9.00% floor, 3.00% ETP Initial Acquisition Date 11/29/2022 Maturity Date 11/15/20262023-01-012023-09-300001653384rway:PaidInKindInterestOfInvestmentMemberus-gaap:CommonStockMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology Route 92 Medical, Inc. Interest Rate SOFR+8.48%, 8.98% floor, 3.95% ETP Initial Acquisition Date 8/17/2021 Maturity Date 7/1/20262023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Preferred Stocks2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Human Resource & Employment Services CloudPay, Inc. Interest Rate PRIME+6.25%, 10.25% floor, 2.00% ETP Initial Acquisition Date 9/26/2022 Maturity Date 8/17/20272022-01-012022-12-310001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRevenueMultipleMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software FiscalNote, Inc. Earnout Initial Acquisition Date 7/29/2022 Maturity Date 7/29/20272023-01-012023-09-300001653384rway:HealthCareTechnologyMember2022-12-310001653384us-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384rway:JulyTwoThousandTwentySevenNotesMember2023-01-012023-09-300001653384rway:SecondLienTermLoansMemberrway:NetRealizedGainLossOnInvestmentsMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Warrants Application Software Circadence Corporation Series A-6 Preferred Stock Initial Acquisition Date 12/20/2018 Maturity Date 12/20/20282022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Specialized Consumer Services AllClear ID, Inc. Common Stock Initial Acquisition Date 9/1/2017 Maturity Date 9/1/20272022-01-012022-12-310001653384rway:NetChangeInUnrealizedGainLossOnLevel3InvestmentsStillHeldMember2022-01-012022-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:PreferredStockMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384rway:PaidInKindInterestOfInvestmentMemberrway:SeniorSecuredTermLoansMember2022-01-012022-09-300001653384rway:OverheadAllocationExpenseMemberrway:AdministrationAgreementMember2023-09-300001653384Non-Control/Non-Affiliate Investments Warrants System Software Scale Computing, Inc. Common Stock Initial Acquisition Date 3/29/2019 Maturity Date 3/29/20292023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Application Software Dtex Systems, Inc. Interest Rate SOFR+9.25%, 9.75% floor, 1.75% ETP Initial Acquisition Date 6/1/2021 Maturity Date 6/1/20252022-12-310001653384Control Investments Senior Secured Term Loans Data Processing & Outsourced Services2022-12-310001653384rway:DividendSeventeenDeclaredDateMember2023-01-012023-09-300001653384rway:HumanResourceAndEmploymentServicesMember2023-09-300001653384rway:SalesOrRepaymentsOfInvestmentsMember2022-01-012022-09-300001653384rway:AugustTwoThousandTwentySevenNotesMemberus-gaap:LongTermDebtMember2023-01-012023-09-300001653384us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Equipment Revelle Aesthetics, Inc. Interest Rate PRIME+5.50%, 8.75% floor, 4.00% ETP Initial Acquisition Date 3/30/2022 Maturity Date 4/1/20272022-12-310001653384rway:PurchasesOfInvestmentsMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Health Care Technology EBR Systems, Inc. Interest Rate PRIME+4.90%, 8.90% floor, 4.50% ETP Initial Acquisition Date 6/30/2022 Maturity Date 6/15/20272022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Technology Hardware, Storage & Peripherals2022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Health Care Technology Allurion Technologies, Inc. Earnout Initial Acquisition Date 8/2/2023 Maturity Date 8/1/20282023-09-300001653384rway:DecemberTwoThousandTwentySixNotesMember2023-01-012023-09-300001653384rway:EightPointZeroZeroPercentageNotesDueTwoThousandTwentySevenMember2023-01-012023-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks Internet & Direct Marketing Retail Marley Spoon SE Common Stock Initial Acquisition Date 7/7/20232023-01-012023-09-300001653384Control Investments Senior Secured Term Loans Data Processing & Outsourced Services2023-09-300001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384rway:PurchasesOfInvestmentsMemberrway:SecondLienTermLoansMember2023-01-012023-09-300001653384us-gaap:InvestmentAffiliatedIssuerControlledMember2022-07-012022-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans System Software 3PL Central LLC Interest Rate SOFR+4.50%, 6.50 floor, 2.50% PIK, 2.00% ETP Initial Acquisition Date 11/9/2022 Maturity Date 11/9/20272022-12-310001653384rway:TwoThousandTwentySixNotesMember2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Electronic Equipment & Instruments2023-09-3000016533842023-09-300001653384Control Investments Senior Secured Term Loans Mojix, Inc Six2022-01-012022-12-310001653384Control Investments Preferred Stocks2022-01-012022-12-310001653384Non-Control/Non-Affiliate Investments Warrants Technology Hardware, Storage & Peripherals RealWear, Inc. Series A Preferred Stock Initial Acquisition Date 6/27/2019 Maturity Date 6/27/20292022-01-012022-12-310001653384rway:DividendFifteenDeclaredDateMember2023-01-012023-09-300001653384rway:PurchasesOfInvestmentsMemberrway:SecondLienTermLoansMember2022-01-012022-09-300001653384Non-Control/Non-Affiliate Investments Common Stocks2023-09-300001653384Non-Control/Non-Affiliate Investments Senior Secured Term Loans Property & Casualty Insurance Kin Insurance, Inc. Interest Rate PRIME+6.25%, 12.50% floor, 3.00% ETP Initial Acquisition Date 9/26/2022 Maturity Date 9/15/20262022-12-310001653384us-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMembersrt:WeightedAverageMemberus-gaap:MeasurementInputDiscountRateMember2022-12-310001653384rway:PortfolioInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2023-09-300001653384rway:InitialPrivateOfferingMemberrway:RunwayGrowthHoldingsLLCMembersrt:MinimumMember2016-12-312016-12-310001653384us-gaap:WarrantMemberrway:PaidInKindInterestOfInvestmentMember2023-01-012023-09-300001653384rway:SeniorSecuredTermLoansMemberrway:SynackIncorporationMember2023-09-300001653384us-gaap:ValuationTechniqueDiscountedCashFlowMembersrt:MinimumMemberus-gaap:FairValueInputsLevel3Memberrway:SeniorSecuredTermLoansMemberus-gaap:MeasurementInputDiscountRateMember2023-09-300001653384us-gaap:PreferredStockMemberrway:TransfersOutOfLevel3Member2022-01-012022-09-300001653384srt:MaximumMemberrway:CreditFacilityMember2019-05-312019-05-310001653384us-gaap:WarrantMemberus-gaap:MeasurementInputRiskFreeInterestRateMembersrt:MinimumMemberus-gaap:ValuationTechniqueOptionPricingModelMemberus-gaap:FairValueInputsLevel3Member2022-12-31rway:Loanxbrli:purexbrli:sharesrway:PortfolioCompaniesiso4217:USDxbrli:sharesrway:Componentiso4217:USD

Table of Contents

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-Q

 

(Mark One)

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the quarterly period ended September 30, 2023

 

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

Commission File Number: 814-01180

 

Runway Growth Finance Corp.

(Exact name of registrant as specified in its charter)

 

Maryland

47-5049745

(State of incorporation)

(I.R.S. Employer Identification No.)

 

205 N. Michigan Ave., Suite 4200

Chicago, IL

60601

(Address of principal executive offices)

(Zip Code)

 

(312) 281‑6270

(Registrant’s telephone number, including area code)

 

Securities Registered Pursuant to Section 12(b) of the Act:

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.01 per share

7.50% Notes due 2027

RWAY

RWAYL

Nasdaq Global Select Market LLC

Nasdaq Global Select Market LLC

8.00% Notes due 2027

RWAYZ

Nasdaq Global Select Market LLC

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. Refer to the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b‑2 of the Exchange Act.

 

Large accelerated filer ☐

Accelerated filer ☐

Non-accelerated filer ☒

Smaller reporting company

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period 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 (as defined in Rule 12b‑2 of the Exchange Act). Yes ☐ No

The issuer had 40,509,269 shares of common stock, $0.01 par value per share, outstanding as of November 7, 2023.

 

 

 


Table of Contents

RUNWAY GROWTH FINANCE CORP.

FORM 10‑Q FOR THE QUARTER ENDED September 30, 2023

Table of Contents

 

INDEX

PAGE
NO.

 

 

PART I.

 

FINANCIAL INFORMATION

 

 

 

 

 

 

 

Item 1.

 

Financial Statements

 

1

 

 

 

 

 

 

 

Statements of Assets and Liabilities as of September 30, 2023 (unaudited) and December 31, 2022

 

1

 

 

 

 

 

 

 

Statements of Operations for the three and nine months ended September 30, 2023 and 2022 (unaudited)

 

2

 

 

 

 

 

 

 

Statements of Changes in Net Assets for the three and nine months ended September 30, 2023 and 2022 (unaudited)

 

3

 

 

 

 

 

 

 

Statements of Cash Flows for the nine months ended September 30, 2023 and 2022 (unaudited)

 

4

 

 

 

 

 

 

 

Schedule of Investments as of September 30, 2023 (unaudited)

 

5

 

 

 

 

 

 

 

Schedule of Investments as of December 31, 2022

 

13

 

 

 

 

 

 

 

Notes to Financial Statements (unaudited)

 

20

 

 

 

 

 

Item 2.

 

Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

49

 

 

 

 

 

Item 3.

 

Quantitative and Qualitative Disclosures About Market Risk

 

59

 

 

 

 

 

Item 4.

 

Controls and Procedures

 

60

 

 

 

 

 

PART II.

 

OTHER INFORMATION

 

61

 

 

 

 

 

Item 1.

 

Legal Proceedings

 

61

 

 

 

 

 

Item 1A.

 

Risk Factors

 

61

 

 

 

 

 

Item 2.

 

Unregistered Sales of Equity Securities and Use of Proceeds

 

62

 

 

 

 

 

Item 3.

 

Defaults Upon Senior Securities

 

62

 

 

 

 

 

Item 4.

 

Mine Safety Disclosures

 

62

 

 

 

 

 

Item 5.

 

Other Information

 

63

 

 

 

 

 

Item 6.

 

Exhibits

 

65

 

 

 

 

SIGNATURES

 

66

 

 

 


Table of Contents

PART I. FINANCIAL INFORMATION

Item 1. Financial Statements

RUNWAY GROWTH FINANCE CORP.

Statements of Assets and Liabilities

(In thousands, except share and per share data)

 

 

September 30, 2023

 

 

December 31, 2022

 

 

 

(Unaudited)

 

 

 

 

Assets

 

 

 

 

 

 

 

 

Investments at fair value:

 

 

 

 

 

 

 

 

Non-control/non-affiliate investments at fair value (cost of $971,230 and $1,126,879, respectively)

 

$

 

951,779

 

 

$

 

1,114,935

 

Affiliate investments at fair value (cost of $55,681 and $4,551, respectively)

 

 

 

47,535

 

 

 

 

2,084

 

Control investments at fair value (cost of $17,963 and $19,172, respectively)

 

 

 

11,613

 

 

 

 

9,290

 

Total investments at fair value (cost of $1,044,874 and $1,150,602, respectively)

 

 

 

1,010,927

 

 

 

 

1,126,309

 

Cash and cash equivalents

 

 

 

14,945

 

 

 

 

5,761

 

Interest and fees receivable

 

 

 

8,152

 

 

 

 

8,766

 

Other assets

 

 

 

167

 

 

 

 

930

 

Total assets

 

 

 

1,034,191

 

 

 

 

1,141,766

 

Liabilities

 

 

 

 

 

 

 

 

Debt:

 

 

 

 

 

 

 

 

Credit facility

 

 

 

203,000

 

 

 

 

337,000

 

2026 Notes

 

 

 

95,000

 

 

 

 

70,000

 

2027 Notes

 

 

 

152,250

 

 

 

 

152,250

 

Unamortized deferred debt costs

 

 

 

(9,265

)

 

 

 

(10,293

)

Total debt, less unamortized deferred debt costs

 

 

 

440,985

 

 

 

 

548,957

 

Incentive fees payable

 

 

 

12,779

 

 

 

 

8,808

 

Interest payable

 

 

 

8,025

 

 

 

 

6,221

 

Accrued expenses and other liabilities

 

 

 

1,911

 

 

 

 

1,728

 

Total liabilities

 

 

 

463,700

 

 

 

 

565,714

 

Commitments and contingencies (Note 8)

 

 

 

 

 

 

 

 

Net assets

 

 

 

 

 

 

 

 

Common stock, par value

 

 

 

414

 

 

 

 

414

 

Additional paid-in capital

 

 

 

605,774

 

 

 

 

605,774

 

Distributable earnings (losses)

 

 

 

(24,881

)

 

 

 

(19,320

)

Treasury stock

 

 

 

(10,816

)

 

 

 

(10,816

)

Total net assets

 

$

 

570,491

 

 

$

 

576,052

 

 

 

 

 

 

 

 

 

 

Shares of common stock outstanding ($0.01 par value, 100,000,000 shares authorized)

 

 

 

40,509,269

 

 

 

 

40,509,269

 

Net asset value per share

 

$

 

14.08

 

 

$

 

14.22

 

See notes to financial statements.

1


Table of Contents

RUNWAY GROWTH FINANCE CORP.

Statements of Operations

(Unaudited)

(In thousands, except share and per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Investment income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

From non-control/non-affiliate investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

 

35,498

 

 

$

 

25,365

 

 

$