| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Interest income-Investment Affiliated Issuer Controlled | NaN | NaN | NaN | 20,000 |
| Interest income-Investment Unaffiliated Issuer | 21,073,000 | 17,424,250* | 23,803,000 | 22,588,000 |
| Payment-in-kind (pik) interest income-Investment Unaffiliated Issuer | 437,000 | 238,000* | NaN | NaN |
| Fee income-Investment Unaffiliated Issuer | 997,000 | 2,213,000* | 2,028,000 | 200,000 |
| Payment-in-kind (pik) interest income-Investment Affiliated Issuer Noncontrolled | 841,000 | 297,250* | NaN | NaN |
| Interest income-Investment Affiliated Issuer Noncontrolled | 731,000 | -171,000* | 462,000 | 0 |
| Payment-in-kind (pik) interest income-Investment Affiliated Issuer Controlled | 0 | 52,000* | NaN | NaN |
| Prepayment fee income-Investment Unaffiliated Issuer | NaN | NaN | NaN | 1,712,000 |
| Interest reversal-Investment Affiliated Issuer Controlled | 0 | -291,500* | 25,000 | 20,000 |
| Total investment income | 24,079,000 | 19,762,000* | 26,318,000 | 24,520,000 |
| Interest expense | 8,179,000 | 8,658,000* | 7,897,000 | 8,201,000 |
| Base management fee (note 3) | 3,120,000 | 3,180,500* | 2,748,000 | 2,959,000 |
| Performance based incentive fee (note 3) | 1,765,000 | 0* | 0 | 0 |
| Administrative fee (note 3) | 640,000 | 323,500* | 377,000 | 420,000 |
| Professional fees | 757,000 | 1,040,000* | 493,000 | 505,000 |
| General and administrative | 380,000 | 366,000* | 437,000 | 613,000 |
| Total expenses | 14,841,000 | 13,568,000* | 11,952,000 | 12,698,000 |
| Net investment income before excise tax | 9,238,000 | 6,194,000* | 14,366,000 | 11,822,000 |
| Provision for excise tax | 267,000 | -56,000* | 373,000 | 373,000 |
| Net investment income | 8,971,000 | 6,250,000* | 13,993,000 | 11,449,000 |
| Investment Unaffiliated Issuer | NaN | -19,941,000* | 2,590,000 | -9,294,000 |
| Investment Affiliated Issuer Noncontrolled | NaN | 0* | 0 | 0 |
| Investment Affiliated Issuer Controlled | NaN | 12,558,500* | -25,117,000 | 0 |
| net realized gain (loss) on investments | -161,000 | -7,382,500* | -22,527,000 | -9,294,000 |
| Net realized gain on extinguishment of debt | -1,432,000 | 236,500* | -1,261,000 | -776,000 |
| Net realized (loss) gain | -1,593,000 | -7,146,000* | -23,788,000 | -10,070,000 |
| Investment Unaffiliated Issuer | -4,750,000 | 9,345,000* | 25,659,000 | -14,887,000 |
| Investment Affiliated Issuer Noncontrolled | 150,000 | -2,222,000* | 1,812,000 | -1,600,000 |
| Investment Affiliated Issuer Controlled | 0 | -23,805,500* | 13,046,000 | -5,669,000 |
| Net unrealized depreciation on non-affiliate investments | -4,600,000 | -16,682,500* | 40,517,000 | -22,156,000 |
| Net realized and unrealized loss | -6,193,000 | -23,828,500* | 16,729,000 | -32,226,000 |
| Net increase (decrease) in net assets resulting from operations | 2,778,000 | -17,578,500 | 30,722,000 | -20,777,000 |
| Basic EPS | 0.06 | -0.411 | 0.71 | -0.5 |
| Diluted EPS | 0.06 | -0.44 | 0.68 | -0.5 |
| Basic Average Shares | 47,316,637 | 42,723,849 | 43,101,307 | 41,221,283 |
| Diluted Average Shares | 47,316,637 | 39,987,014 | 45,838,142 | 41,221,283 |
Horizon Technology Finance Corp (HRZN)
Horizon Technology Finance Corp (HRZN)