Horizon Technology Finance Corp Q1 2025: Assets Rise, Net Asset Value Grows
Ticker: HTFC · Form: 10-Q · Filed: Apr 29, 2025 · CIK: 1487428
| Field | Detail |
|---|---|
| Company | Horizon Technology Finance CORP (HTFC) |
| Form Type | 10-Q |
| Filed Date | Apr 29, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, finance, quarterly-report, convertible-notes
TL;DR
HTFC Q1 2025: Assets up to $790.6M, NAV per share $218.2. Looking solid.
AI Summary
Horizon Technology Finance Corp reported its first quarter 2025 results, ending March 31, 2025. The company's total assets grew to $790.6 million from $766.8 million at the end of the previous fiscal year. Net assets available for common stockholders were $218.2 per share, up from $210.2 per share.
Why It Matters
This filing provides insight into Horizon Technology Finance Corp's financial health and performance in early 2025, which can influence investor decisions.
Risk Assessment
Risk Level: low — The filing is a routine quarterly report with no immediate red flags or significant negative developments.
Key Numbers
- $790.6M — Total Assets (Increased from $766.8M at year-end 2024 to $790.6M as of March 31, 2025.)
- $218.2 — Net Assets per Share (Grew to $218.2 per share as of March 31, 2025, from $210.2 per share at year-end 2024.)
- 3.375% — Interest Rate on Notes (Represents the interest rate on certain notes, indicating borrowing costs.)
- October 17, 2031 — Convertible Notes Maturity (Maturity date for the 2031 Convertible Notes.)
Key Players & Entities
- Horizon Technology Finance Corp (company) — Filer of the 10-Q
- March 31, 2025 (date) — End of the reporting period
- $790,592,000 (dollar_amount) — Total assets as of March 31, 2025
- $766,774,000 (dollar_amount) — Total assets as of December 31, 2024
- $218.2 (dollar_amount) — Net assets per share as of March 31, 2025
FAQ
What was Horizon Technology Finance Corp's total asset value at the end of the first quarter of 2025?
As of March 31, 2025, Horizon Technology Finance Corp's total assets were $790,592,000.
How did the net assets available for common stockholders change from the end of 2024 to the end of Q1 2025?
Net assets available for common stockholders increased from $210.2 per share at December 31, 2024, to $218.2 per share at March 31, 2025.
What is the maturity date of the 2031 Convertible Notes mentioned in the filing?
The 2031 Convertible Notes mature on October 17, 2031.
What was the impact of the hypothetical conversion of 2031 Convertible Notes on earnings per share for the three months ended March 31, 2025?
For the three months ended March 31, 2025, the hypothetical conversion of 2031 Convertible Notes would have been antidilutive to net assets resulting from operations per common share.
What is the company's fiscal year end?
Horizon Technology Finance Corp's fiscal year ends on December 31.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on April 29, 2025 regarding Horizon Technology Finance Corp (HTFC).