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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›HRZN›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

Horizon Technology Finance Corp (HRZN) financials

Income statement

Horizon Technology Finance Corp (HRZN) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Net income$6.36M$27.8M$21.2M-$17.2M-$5.63M-$2.66M
EPS (diluted)——$0.86-$0.56-$0.16-$0.06

Cash flow

Horizon Technology Finance Corp (HRZN) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$25.3M-$76.0M-$246M-$5.26M$3.94M$56.6M
Dividends paid$21.3M$24.6M$29.8M$40.5M$46.4M$53.1M

Balance sheet

Horizon Technology Finance Corp (HRZN) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$47.8M$47.3M$30.5M$75.7M$101M$143M
Total assets—$514M$767M$802M$822M$811M
Total liabilities—$269M$448M$478M$486M$493M
Long-term debt—$258M$434M$462M$468M$473M
Shareholders' equity——$318M$324M$336M$319M
Retained earnings—-$56.0M-$67.5M-$127M-$182M-$241M
Shares (wtd avg diluted)17.5M20.0M24.7M31.0M36.1M42.3M

Every figure is extracted from Horizon Technology Finance Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

Does HRZN pay a dividend?
Yes — Horizon Technology Finance Corp paid $53.1M in cash dividends during FY2025, per its SEC cash-flow statement.
Full HRZN analysis — verdict, score & filings →Is HRZN a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.