Horizon Technology Finance Corp
HRZN, HTFB, HTFCOther · Accelerated filer · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | −$2.7M | −$5.6M | −$17.2M | $21.2M | $27.8M |
| Total assets | $811.1M | $821.8M | $802.4M | $766.8M | $514.0M |
| Total liabilities | $492.6M | $485.6M | $478.4M | $448.4M | $268.6M |
| Equity | $318.5M | $336.2M | $324.0M | $318.4M | — |
| EPS (diluted) | $-0.06 | $-0.16 | $-0.56 | $0.86 | $1.41 |
| Shares out. | 40.3M | 33.4M | 28.3M | 27.8M | 21.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- —
- Return on equity
- −0.8%
- Return on assets
- −0.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 60.7%
- Debt / equity
- 1.55×
- Book value / share
- $7.90
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −7.3%clean
- Piotroski F-Score
- 3/6weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 good- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Allison Thomas J.Director | Apr 14, 2026 | Grant | 49,926 | — |
| Seitz Paul GOfficer — Chief Investment Officer | Apr 14, 2026 | Grant | 142 | — |
| Balkin MichaelOfficer — Chief Executive Officer | Apr 14, 2026 | Grant | 93,527 | — |
| Balkin MichaelDirector | Dec 16, 2024 | Buy | 20,000 | $8.53 |
| Michaud Gerald A.Officer — President | Nov 25, 2024 | Buy | 8,000 | $9.31 |
| Savage Joseph JDirector | Nov 13, 2024 | Buy | 5,000 | $9.35 |
| Goodman Jonathan JosephDirector | Aug 5, 2024 | Buy | 2,313 | $10.81 |
| Balkin MichaelDirector | Aug 5, 2024 | Buy | 10,000 | $10.58 |
| Michaud Gerald A.Officer — President | Mar 8, 2024 | Buy | 3,650 | $11.77 |
| Michaud Gerald A.Officer — President | Dec 20, 2022 | Buy | 18,250 | $11.03 |
| Pomeroy Robert D. Jr.Officer — CEO and Chairman of the Board | Dec 9, 2022 | Buy | 4,000 | $13.03 |
| Michaud Gerald A.Officer — President | Dec 6, 2022 | Buy | 4,000 | $12.90 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Changed auditorMay 14, 2026
- Other material eventMay 5, 2026
- Results of operationsMay 5, 2026
- Entered a material agreement · Completed an acquisition or disposition · Director / officer change · Regulation FD disclosureApr 14, 2026
- Entered a material agreement · Regulation FD disclosureMar 19, 2026
- Regulation FD disclosureMar 16, 2026
- Shareholder voteMar 13, 2026
- Other material eventMar 6, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KFORM 8-KMay 14, 2026
- DEF 14AFORM DEF 14AMay 14, 2026
- 10-QFORM 10-QMay 5, 2026
- 8-KFORM 8-KMay 5, 2026
- 8-KFORM 8-KMay 5, 2026
- 10-K/AFORM 10-K/AApr 30, 2026
- POS EXApr 16, 2026
- 4Apr 14, 2026
- 4FORM 4Apr 14, 2026
- 4FORM 4Apr 14, 2026
- 3Apr 14, 2026
- 8-KApr 14, 2026
- 8-KFORM 8-KMar 19, 2026
- 8-KFORM 8-KMar 16, 2026
- 8-KFORM 8-KMar 13, 2026
Event-driven situations (1)
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