Non-Capturing Group(?:~|\G(?<!^)) ~the literal ~ (12610 / 1768 / 7E16)
\Gstart of current search
Negative Lookbehind(?<!^) \S*any non-whitespace character, repeated any number of times
\Kresets the starting point of the reported match. Any previously consumed characters are no longer included in the final match
\sany whitespace character
g modifier: global. Finds all matches instead of stopping after the first
m modifier: multiline. Causes ^ and $ to match the start and end of each line, not only the start and end of the string