HTFC - NYSE

Horizon Technology Finance Corp

HTFC·NYSE

$24.92

+0.36%

Financial ServicesAsset Management

Horizon Technology Finance Corp. operates as a specialty finance company, which engages in the provision of capital in the form of secured loans to venture capital backed companies. It is also involved in lending and investing in portfolio companies in technology, life science, healthcare information and services and cleantech industries. The company was founded by John C. Bombara, Daniel S. Devorsetz, Robert D. Pomeroy and Gerald A. Michaud on March 16, 2010 and is headquartered in Farmington, CT.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.15B

EPS1.0500

P/E Ratio23.73

Earnings Date04/29/2026

811.10M

Assets

-1%

3Y+6.0%

5Y+99.0%

10Y+239.0%

492.60M

Total Liabilities

3Y+10.0%

5Y+153.0%

10Y+392.0%

318.50M

Total Equity

-5%

3Y-

5Y+50.0%

10Y+61.0%

Horizon Technology Finance Corp Funding & Solvency Profile

HTFC · NYSE

Current Assets

Cash & Cash Equivalents105.52M

Net Receivables12.09M

Inventory0.00

Other Current Assets0.00

Total Current Assets118 M

Non-Current Assets

Property, Plant & Equipment0.00

Goodwill & Intangible Assets0.00

Long-Term Investments647.24M

Other Non-Current Assets46.26M

Total Non-Current Assets693 M

Total Assets

811.10M

Financial Health Analysis

Current Ratio

1.24x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

1.55x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

22 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

14% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Horizon Technology Finance Corp Balance Sheet

HTFC • NYSE

Horizon Technology Finance Corp Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	105.5M	70.3M	46.6M	20.6M	38.1M	19.5M	6.5M	12.6M	6.6M	37.1M	20.8M	8.4M	25.3M	1M	1.3M	37.7M	9.9M
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	10.9M	0.0	0.0	0.0	285K	2.9M	7.1M	2.6M	13.5M	0.0	0.0
Cash & Short-Term Investments	105.5M	70.3M	46.6M	20.6M	38.1M	19.5M	6.5M	12.6M	6.6M	37.1M	21.1M	11.4M	32.5M	3.6M	14.8M	37.7M	9.9M
Net Receivables	12.1M	16.6M	13.9M	13.6M	6.2M	4.9M	5.5M	4M	4M	6M	6.3M	4.8M	4.2M	2.8M	3M	1.9M	1.5M
Accounts Receivables	12.1M	16.6M	13.9M	13.6M	6.2M	4.9M	0.0	0.0	0.0	0.0	0.0	0.0	4.2M	0.0	0.0	0.0	0.0
Other Receivables	0.0	0.0	0.0	0.0	0.0	0.0	5.5M	4M	4M	6M	6.3M	4.8M	0.0	2.8M	3M	1.9M	1.5M
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	-7.6M	0.0	-234.1M	-2.1M	1.1M	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Assets	0.0	3.3M	2.6M	2.8M	1.4M	1.1M	7.6M	0.0	0.0	0.0	2.8M	4M	5.7M	0.0	2M	0.0	2.5M
Total Current Assets	117.6M	90.2M	63.2M	37M	45.6M	25.5M	12M	16.6M	10.6M	43.2M	31.2M	20.1M	42.5M	6.4M	19.8M	1.9M	123.3M
NON-CURRENT ASSETS
Long-Term Investments	647.2M	725.2M	735.5M	727.1M	465.9M	379.7M	329.3M	248.4M	222.1M	194M	250.6M	205.1M	222.5M	231.2M	191.5M	175.9M	0.0
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	344M	266.7M	234.1M	239.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	46.3M	6.5M	3.6M	2.8M	2.5M	1.9M	-344M	-265M	-232.7M	-237.2M	-285K	-27K	-1.2M	2.1M	-13.5M	40.3M	1.6M
Total Non-Current Assets	693.5M	731.7M	739.2M	729.9M	468.4M	381.7M	329.3M	250.2M	223.6M	196.1M	250.3M	205.1M	221.3M	233.2M	178M	216.2M	1.6M
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	2.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-1.9M	0.0
Total Assets	811.1M	821.8M	802.4M	766.8M	514M	407.2M	344M	266.7M	234.1M	239.3M	281.5M	225.2M	263.7M	239.7M	197.8M	216.2M	124.9M
LIABILITIES
CURRENT LIABILITIES
Total Payables	16M	0.0	0.0	0.0	0.0	0.0	6.8M	4.9M	4.4M	3.8M	5.4M	4.5M	4.6M	4.6M	2.1M	774K	767.9K
Accounts Payable	15.1M	0.0	0.0	0.0	0.0	0.0	4.7M	3.5M	3.5M	3.5M	4M	3.3M	3.3M	3.3M	0.0	0.0	767.9K
Other Payables	975K	0.0	0.0	0.0	0.0	0.0	0.0	-3.5M	920K	337K	-4M	-3.3M	-3.3M	1.3M	2.1M	774K	0.0
Accrued Expenses	0.0	4.6M	5.1M	5.1M	4.6M	3M	0.0	765K	1.5M	1M	798K	718K	953K	1.1M	1.3M	0.0	441.1K
Short Term Debt	95.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	89M	64.6M	0.0	64.2M
Tax Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	10.7M	0.0	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	-3.4M	-114.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-326.8K
Other Current Liabilities	-16M	13.2M	11M	9.2M	6.4M	5.8M	1.3M	0.0	-920K	-337K	-6.2M	0.0	0.0	-94.7M	-57.2M	-774K	0.0
Total Current Liabilities	95.2M	17.7M	16.1M	14.3M	11M	8.7M	4.7M	5.6M	99.1M	100.1M	121.7M	86.9M	127.9M	94.7M	67.9M	0.0	65.4M
NON-CURRENT LIABILITIES
Long Term Debt	377.9M	467.9M	462.2M	434.1M	257.6M	185.8M	152.1M	126.9M	94.1M	95.6M	115.5M	81.8M	122.3M	0.0	0.0	0.0	88.9M
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	159.9M	132.5M	99.1M	100.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	-7.9M	-115.9M	-99.1M	-100.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	19.6M	0.0	0.0	0.0	0.0	0.0	-152.1M	0.0	-94.1M	-95.6M	-115.5M	-81.8M	-122.3M	0.0	0.0	0.0	-88.9M
Total Non-Current Liabilities	397.4M	467.9M	462.2M	434.1M	257.6M	185.8M	152.1M	126.9M	97.5M	99.1M	119.5M	85.1M	125.7M	92.3M	64.6M	89M	64.9M
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	3.2M	0.0	-97.5M	-99.1M	-119.5M	-85.1M	-125.7M	-92.3M	-64.6M	0.0	-64.9M
Total Liabilities	492.6M	485.7M	478.4M	448.4M	268.6M	194.6M	159.9M	132.5M	99.1M	100.1M	121.7M	86.9M	127.9M	94.7M	67.9M	89M	65.4M
SHAREHOLDERS' EQUITY
Common Stock	51K	44K	36K	29K	22K	19K	16K	12K	12K	12K	12K	10K	10K	10K	8K	8K	60.3M
Additional Paid-In Capital	559.4M	518.2M	450.9M	385.9M	301.4M	271.3M	226.7M	179.6M	179.6M	179.6M	179.7M	155.2M	155M	154.4M	124.5M	123.8M	0.0
Retained Earnings	-240.9M	-182.1M	-127M	-67.5M	-56M	-58.7M	-42.6M	-45.4M	-1.9M	-397K	-2M	-1.1M	1.5M	1.4M	5M	-143K	-767.9K
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	0.0	134.3M	-42.7M	-40M	-18M	-17M	-19.2M	-9.4M	2.3M	0.0	-767.9K
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-1.5M	-1.4M	-1.9M	3.5M	767.9K
Total Stockholders' Equity	318.5M	336.2M	324M	318.4M	245.3M	212.6M	184.1M	134.3M	135.1M	139.2M	159.8M	138.2M	135.8M	145M	129.9M	127.2M	59.5M
Total Equity	318.5M	336.2M	324M	318.4M	245.3M	212.6M	318.7M	248.5M	222.6M	197.7M	159.8M	138.2M	135.8M	145M	129.9M	127.2M	59.5M
Minority Interest	0.0	0.0	0.0	0.0	0.0	0.0	134.7M	114.3M	87.5M	58.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	811.1M	821.8M	802.4M	766.8M	514M	407.2M	344M	266.7M	234.1M	239.3M	281.5M	225.2M	263.7M	239.7M	197.8M	216.2M	124.9M
Total Investments	647.2M	725.2M	735.5M	727.1M	465.9M	379.7M	329.3M	248.4M	222.1M	194M	250.8M	208.1M	229.6M	233.7M	205M	175.9M	0.0
Total Debt	473M	467.9M	462.2M	434.1M	257.6M	185.8M	152.1M	126.9M	94.1M	95.6M	115.5M	81.8M	122.3M	89M	64.6M	87.4M	64.2M
Net Debt	367.5M	397.6M	415.6M	413.5M	219.6M	166.3M	145.6M	114.3M	87.5M	58.5M	94.8M	73.3M	97M	88M	63.3M	49.7M	54.3M
Shares Outstanding	12,362,530	12,362,530	12,362,530	12,362,530	12,362,530	12,362,530	12,362,530	12,362,530	12,362,530	12,362,530	12,362,530	12,362,530	12,362,530	12,362,530	12,362,530	12,362,530	12,362,530

SEC Filings

HTFC - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 14, 2026	May 13, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	May 14, 2026	June 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 05, 2026	May 05, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 05, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 05, 2026	May 05, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	April 30, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	April 14, 2026	April 13, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 19, 2026	March 19, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 16, 2026	March 16, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 13, 2026	March 13, 2026	2026	View Filing

Showing 1 to 10 of 15 filings

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