For the quarter ending 2025-09-30, HRZN had $49,756K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net (decrease) increase in net assets resulting from operations | 30,722 | -42,213 |
| Amortization of debt issuance costs | 642 | 1,331 |
| Net realized loss on investments | -22,527 | -9,293 |
| Net realized loss on extinguishment of debt | -1,261 | -776 |
| Net unrealized depreciation (appreciation) on investments | 40,517 | -54,313 |
| Purchase of investments | 37,747 | 116,058 |
| Principal payments received on investments | 75,366 | 129,238 |
| Payment-in-kind (pik) interest on investments | 664 | 528 |
| Proceeds from sale of investments | 4,533 | 784 |
| Equity received in settlement of interest and fee income | -3,209 | - |
| Warrants received in settlement of fee income | -61 | -10 |
| Accrued interest converted to common stock | 20 | 105 |
| Increase in interest receivable | 1,988 | -185 |
| Decrease (increase) in end-of-term payments | -449 | -2,046 |
| Decrease in unearned income | 1,089 | 1,794 |
| Increase in other assets | 468 | 459 |
| Increase (decrease) in other accrued expenses | 884 | -491 |
| Decrease in base management fee payable | -23 | -101 |
| Net cash provided by operating activities | 50,638 | 36,417 |
| Proceeds from issuance of 2030 convertible notes | 40,000 | - |
| Repayment of note-Assetbacked Notes2022 | 34,169 | 46,909 |
| Proceeds from issuance of common stock, net of offering costs | 10,622 | 3,560 |
| Advances on credit facilities | 0 | 15,000 |
| Repayment of credit facilities | 0 | 0 |
| Debt issuance costs | 3,882 | 2,155 |
| Distributions paid | 13,453 | 25,630 |
| Net cash used in financing activities | -882 | -56,134 |
| Net increase in cash, cash equivalents and restricted cash | 49,756 | -19,717 |
| Cash and cash equivalents at beginning of period | 100,868 | - |
| Cash and cash equivalents at end of period | 130,907 | - |
Horizon Technology Finance Corp (HRZN)
Horizon Technology Finance Corp (HRZN)