| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net increase (decrease) in net assets resulting from operations | 2,778 | 8,830 | -11,491 |
| Amortization of debt issuance costs | 567 | 672 | 1,973 |
| Net realized loss (gain) on investments | -161 | -23,294 | -31,820 |
| Net realized loss on extinguishment of debt | -1,432 | -782 | -2,037 |
| Net unrealized depreciation on investments | -4,600 | 24,655 | -13,796 |
| Purchase of investments | 90,004 | 70,014 | 153,805 |
| Principal payments received on investments | 38,048 | 29,850 | 204,604 |
| Pik interest on investments | 1,278 | 1,157 | 1,192 |
| Proceeds from sale of investments | 104 | 714 | 5,317 |
| Equity received in settlement of interest and fee income | NaN | -1,917 | -3,209 |
| Warrants received in settlement of fee income | 0 | 0 | -71 |
| Accrued interest converted to common stock | 32 | 12 | 125 |
| Increase in interest receivable | 977 | -2,490 | 1,803 |
| Decrease in end-of-term payments | -321 | -1,291 | -2,495 |
| Decrease in unearned income | 84 | -155 | 2,883 |
| (increase) decrease in other assets | 1,051 | 439 | 927 |
| Increase (decrease) in other accrued expenses | 1,393 | -388 | 393 |
| Increase (decrease) in base management fee payable | 66 | 54 | -124 |
| Increase in incentive fee payable | 1,765 | 0 | NaN |
| Net cash used in operating activities | -42,127 | -30,426 | 87,055 |
| Proceeds from convertible debt-The2031Convertible Notes | NaN | 0 | NaN |
| Proceeds from convertible debt-The2030Convertible Notes | NaN | 40,000 | NaN |
| Proceeds from issuance of 2028 notes | NaN | 57,500 | NaN |
| Proceeds from issuance of 2030 convertible notes | NaN | NaN | 40,000 |
| Repayment of note-Assetbacked Notes2019 | 0 | 0 | NaN |
| Repayment of note-Assetbacked Notes2022 | NaN | 0 | 81,078 |
| Repayment of note-The2026Notes | 57,500 | NaN | NaN |
| Proceeds from issuance of common stock, net of offering costs | 10 | -101 | 14,182 |
| Advances on credit facilities | 45,000 | 0 | 15,000 |
| Repayment of credit facilities | NaN | 0 | 0 |
| Debt issuance costs | 124 | 1,176 | 6,037 |
| Distributions paid | 14,690 | 14,011 | 39,083 |
| Net cash used in financing activities | -27,304 | 42,212 | -57,016 |
| Net decrease in cash, cash equivalents and restricted cash | -69,431 | 11,786 | 30,039 |
| Beginning of period | 142,693 | -30,039 | 100,868 |
| End of period | 73,262 | 11,786 | 130,907 |
Horizon Technology Finance Corp (HTFC)
Horizon Technology Finance Corp (HTFC)