Horizon Technology Finance Corporation (HRZN)

HRZN Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	84.66	70.26	46.63	20.61	38.05	19.5
Cash & Short-Term Investments	84.66	70.26	46.63	20.61	38.05	19.5
Cash Growth	61.87%	50.68%	126.23%	-45.84%	95.13%	201.66%
Receivables	15.87	16.56	13.93	13.57	6.15	4.95
Other Current Assets	2.42	3.34	2.64	2.79	1.36	1.06
Total Current Assets	102.95	90.16	63.2	36.97	45.57	25.51
Long-Term Investments	647.34	725.16	735.54	727.09	465.94	379.74
Other Long-Term Assets	8.92	6.52	3.62	2.76	2.45	1.91
Total Assets	759.21	821.83	802.36	766.83	513.96	407.16
Accrued Expenses	4.86	4.59	5.13	5.14	4.65	2.96
Other Current Liabilities	14.62	13.16	11.01	9.16	6.37	5.79
Total Current Liabilities	19.48	17.75	16.14	14.3	11.01	8.74
Long-Term Debt	424.03	467.9	462.24	434.08	257.61	185.82
Total Liabilities	443.51	485.65	478.38	448.38	268.63	194.56
Common Stock	0.05	0.04	0.04	0.03	0.02	0.02
Additional Paid-In Capital	551.36	518.2	450.95	385.92	301.36	271.29
Retained Earnings	-235.71	-182.06	-127	-67.5	-56.05	-58.71
Shareholders' Equity	315.7	336.18	323.98	318.45	245.34	212.6
Total Liabilities & Equity	759.21	821.83	802.36	766.83	513.96	407.16
Total Debt	424.03	467.9	462.24	434.08	257.61	185.82
Net Cash (Debt)	-339.37	-397.64	-415.61	-413.47	-219.56	-166.32
Net Cash Per Share	-8.31	-11.01	-13.42	-16.72	-10.96	-9.49
Filing Date Shares Outstanding	44.38	40.32	33.4	28.32	21.47	19.29
Total Common Shares Outstanding	44.32	39.88	33.37	27.75	21.22	19.29
Working Capital	83.47	72.42	47.06	22.67	34.56	16.76
Book Value Per Share	7.12	8.43	9.71	11.47	11.56	11.02
Tangible Book Value	315.7	336.18	323.98	318.45	245.34	212.6
Tangible Book Value Per Share	7.12	8.43	9.71	11.47	11.56	11.02

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q