2024 Q2 Form 10-Q Financial Statement

#000143774924013992 Filed on April 30, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $13.27M $12.98M
YoY Change 8.81% -1.6%
Cost Of Revenue $11.85M $12.72M
YoY Change 4.67% -11.68%
Gross Profit -$8.217M $9.461M
YoY Change -1036.94% 59.41%
Gross Profit Margin -61.92% 72.87%
Selling, General & Admin $559.0K $429.0K
YoY Change 2.38% -3.6%
% of Gross Profit 4.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $559.0K $429.0K
YoY Change 2.38% -3.6%
Operating Profit -$8.776M $9.032M
YoY Change -2751.36% 64.52%
Interest Expense $7.940M $8.161M
YoY Change 10.6% 14.62%
% of Operating Profit 90.36%
Other Income/Expense, Net
YoY Change
Pretax Income -$8.776M $9.032M
YoY Change -2751.36% 64.52%
Income Tax $357.0K $379.0K
% Of Pretax Income 4.2%
Net Earnings -$9.133M $8.653M
YoY Change -6108.55% 63.08%
Net Earnings / Revenue -68.82% 66.64%
Basic Earnings Per Share $0.36 $0.38
Diluted Earnings Per Share -$0.26 $0.26
COMMON SHARES
Basic Shares Outstanding 35.02M 33.40M
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $113.7M $68.80M
YoY Change 126.13% 58.01%
Cash & Equivalents $116.9M $71.33M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $130.4M $85.38M
YoY Change 100.12% 48.78%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $650.1M $713.6M
YoY Change -9.13% -0.23%
Other Assets
YoY Change
Total Long-Term Assets $657.0M $716.9M
YoY Change -9.03% -0.55%
TOTAL ASSETS
Total Short-Term Assets $130.4M $85.38M
Total Long-Term Assets $657.0M $716.9M
Total Assets $787.4M $802.3M
YoY Change 0.0% 3.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $3.011M $3.225M
YoY Change 36.86% -8.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $72.87M $50.14M
YoY Change 69.73%
Total Short-Term Liabilities $88.75M $67.81M
YoY Change 55.96% 301.02%
LONG-TERM LIABILITIES
Long-Term Debt $369.9M $402.4M
YoY Change -1.39% -8.48%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $369.9M $402.4M
YoY Change -1.39% -8.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $88.75M $67.81M
Total Long-Term Liabilities $369.9M $402.4M
Total Liabilities $458.6M $470.2M
YoY Change 6.17% 2.98%
SHAREHOLDERS EQUITY
Retained Earnings -$152.6M -$131.5M
YoY Change 85.71% 83.45%
Common Stock $40.00K $37.00K
YoY Change 17.65% 23.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $328.8M $332.1M
YoY Change
Total Liabilities & Shareholders Equity $787.4M $802.3M
YoY Change 0.0% 3.09%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income -$9.133M $8.653M
YoY Change -6108.55% 63.08%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $54.29M $4.041M
YoY Change -1089.95% -68.26%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid $10.40M
YoY Change 15.02%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.748M -$8.430M
YoY Change -172.18% -352.93%
NET CHANGE
Cash From Operating Activities 54.29M $4.041M
Cash From Investing Activities
Cash From Financing Activities -8.748M -$8.430M
Net Change In Cash 45.54M -$4.389M
YoY Change 586.38% -127.32%
FREE CASH FLOW
Cash From Operating Activities $54.29M $4.041M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
75722000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
30466000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
71333000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
46529000 usd
CY2024Q1 us-gaap Interest Paid Net
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7565000 usd
CY2023Q1 us-gaap Interest Paid Net
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6623000 usd
CY2024Q1 hrzn Refinanced Debt Investment Balances
RefinancedDebtInvestmentBalances
11250000 usd
CY2023Q1 hrzn Refinanced Debt Investment Balances
RefinancedDebtInvestmentBalances
0 usd
CY2024Q1 hrzn Warrant Investments Received And Recorded As Unearned Income
WarrantInvestmentsReceivedAndRecordedAsUnearnedIncome
128000 usd
CY2023Q1 hrzn Warrant Investments Received And Recorded As Unearned Income
WarrantInvestmentsReceivedAndRecordedAsUnearnedIncome
141000 usd
CY2024Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
13099000 usd
CY2023Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
9365000 usd
CY2024Q1 hrzn Endofterm Payments Receivable Noncash Transaction
EndoftermPaymentsReceivableNoncashTransaction
12774000 usd
CY2023Q1 hrzn Endofterm Payments Receivable Noncash Transaction
EndoftermPaymentsReceivableNoncashTransaction
10799000 usd
CY2024Q1 us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
4103000 usd
CY2023Q1 us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
3944000 usd
CY2024Q1 us-gaap Cash
Cash
46921000 usd
CY2023Q1 us-gaap Cash
Cash
19844000 usd
CY2024Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
21879000 usd
CY2023Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
23698000 usd
CY2024Q1 us-gaap Restricted Cash Equivalents
RestrictedCashEquivalents
2533000 usd
CY2023Q1 us-gaap Restricted Cash Equivalents
RestrictedCashEquivalents
2987000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
71333000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46529000 usd
CY2024Q1 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
765173000 usd
CY2024Q1 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
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CY2024Q1 hrzn Percentage Of Nonqualifying Assets On A Cost Basis
PercentageOfNonqualifyingAssetsOnACostBasis
0.049 pure
CY2024Q1 hrzn Percentage Of Nonqualifying Assets On A Fair Value Basis
PercentageOfNonqualifyingAssetsOnAFairValueBasis
0.015 pure
CY2023Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
759182000 usd
CY2023Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
709085000 usd
CY2023Q4 hrzn Percentage Of Nonqualifying Assets On A Cost Basis
PercentageOfNonqualifyingAssetsOnACostBasis
0.047 pure
CY2023Q4 hrzn Percentage Of Nonqualifying Assets On A Fair Value Basis
PercentageOfNonqualifyingAssetsOnAFairValueBasis
0.027 pure
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt 0pt 0pt 11pt;"><b><i>Use of estimates</i></b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:18pt;">In preparing the consolidated financial statements in accordance with GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosures of contingent assets and liabilities, as of the date of the balance sheet and income and expenses for the period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the valuation of investments.</p>
CY2024Q1 hrzn Investment Income Attributable To Noncash Paidinkind Interest Percent
InvestmentIncomeAttributableToNoncashPaidinkindInterestPercent
0.053 pure
CY2023Q1 hrzn Investment Income Attributable To Noncash Paidinkind Interest Percent
InvestmentIncomeAttributableToNoncashPaidinkindInterestPercent
0.043 pure
CY2024Q1 hrzn Investment Nonaccrual Income Not Received In Cash Percent
InvestmentNonaccrualIncomeNotReceivedInCashPercent
0.068 pure
CY2023Q1 hrzn Investment Nonaccrual Income Not Received In Cash Percent
InvestmentNonaccrualIncomeNotReceivedInCashPercent
0.063 pure
CY2024Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5400000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5800000 usd
CY2024Q1 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
5600000 usd
CY2023Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
5200000 usd
CY2024Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
400000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
500000 usd
CY2024Q1 hrzn Federal Excise Tax Percent
FederalExciseTaxPercent
0.04 pure
CY2024Q1 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
400000 usd
CY2023Q1 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
200000 usd
CY2024Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
167465
hrzn Stock Repurchased During Period Per Share
StockRepurchasedDuringPeriodPerShare
11.22
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1900000 usd
CY2024Q1 us-gaap Management Fee Expense
ManagementFeeExpense
3200000 usd
CY2024Q1 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
765173000 usd
CY2024Q1 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
711116000 usd
CY2023Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
759182000 usd
CY2023Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
709085000 usd
CY2024Q1 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
765173000 usd
CY2024Q1 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
711116000 usd
CY2023Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
759182000 usd
CY2023Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
709085000 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
706858000 usd
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
23319000 usd
CY2024Q1 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Warrants And Equity Received
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetWarrantsAndEquityReceived
128000 usd
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
19643000 usd
CY2024Q1 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Payment Inkind Interest
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPaymentInkindInterest
1382000 usd
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
41000 usd
CY2024Q1 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainLossIncludedInEarnings
21000 usd
CY2024Q1 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Appreciation Depreciation Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAppreciationDepreciationIncludedInEarnings
-2903000 usd
CY2024Q1 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Between Investments
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersBetweenInvestments
0 usd
CY2024Q1 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherPeriodIncreaseDecrease
825000 usd
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
709946000 usd
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
716319000 usd
CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
47008000 usd
CY2023Q1 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Warrants And Equity Received
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetWarrantsAndEquityReceived
141000 usd
CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
39756000 usd
CY2023Q1 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Payment Inkind Interest
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPaymentInkindInterest
1204000 usd
CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
6520000 usd
CY2023Q1 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainLossIncludedInEarnings
-134000 usd
CY2023Q1 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Appreciation Depreciation Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAppreciationDepreciationIncludedInEarnings
-5867000 usd
CY2023Q1 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Between Investments
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersBetweenInvestments
0 usd
CY2023Q1 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherPeriodIncreaseDecrease
1012000 usd
CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
713407000 usd
CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 usd
CY2024Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
615000000 usd
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
456000000 usd
CY2024Q1 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
159000000 usd
CY2023Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
615000000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
466000000 usd
CY2023Q4 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
149000000 usd
CY2024Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
615000000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
452490000 usd
CY2024Q1 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
159000000 usd
CY2023Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
615000000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
462235000 usd
CY2023Q4 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
149000000 usd
CY2024Q1 us-gaap Fair Value Disclosure Offbalance Sheet Risks Face Amount Liability
FairValueDisclosureOffbalanceSheetRisksFaceAmountLiability
168236000 usd
CY2024Q1 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
1787000 usd
CY2023Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Face Amount Liability
FairValueDisclosureOffbalanceSheetRisksFaceAmountLiability
180500000 usd
CY2023Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
2033000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.38
CY2024Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5199000 usd
CY2024Q1 us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
24315
us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
273000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.37
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
41881000 usd
us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
145743
us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
1833000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.33
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
CY2024Q1 us-gaap Earnings Per Share Basic Undistributed
EarningsPerShareBasicUndistributed
1.3
CY2023Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
9.71
CY2022Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
11.47
CY2024Q1 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
0.38
CY2023Q1 us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
0.46
CY2024Q1 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
0
CY2023Q1 us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
-0.01
CY2024Q1 hrzn Investment Company Investment Depreciation Appreciation Per Share
InvestmentCompanyInvestmentDepreciationAppreciationPerShare
-0.12
CY2023Q1 hrzn Investment Company Investment Depreciation Appreciation Per Share
InvestmentCompanyInvestmentDepreciationAppreciationPerShare
-0.26
CY2024Q1 us-gaap Investment Company Net Asset Value Per Share Period Increase Decrease
InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease
0.26
CY2023Q1 us-gaap Investment Company Net Asset Value Per Share Period Increase Decrease
InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease
0.19
CY2024Q1 us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
0.38
CY2023Q1 us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
0.33
CY2024Q1 hrzn Investment Company Distribution To Shareholders Per Share Net Investment Income
InvestmentCompanyDistributionToShareholdersPerShareNetInvestmentIncome
-0.38
CY2023Q1 hrzn Investment Company Distribution To Shareholders Per Share Net Investment Income
InvestmentCompanyDistributionToShareholdersPerShareNetInvestmentIncome
-0.33
CY2024Q1 hrzn Investment Company Distribution To Shareholders Per Share Net Realized Gain On Investments
InvestmentCompanyDistributionToShareholdersPerShareNetRealizedGainOnInvestments
0
CY2023Q1 hrzn Investment Company Distribution To Shareholders Per Share Net Realized Gain On Investments
InvestmentCompanyDistributionToShareholdersPerShareNetRealizedGainOnInvestments
0
CY2024Q1 us-gaap Investment Company Tax Return Of Capital Distribution Per Share
InvestmentCompanyTaxReturnOfCapitalDistributionPerShare
0
CY2023Q1 us-gaap Investment Company Tax Return Of Capital Distribution Per Share
InvestmentCompanyTaxReturnOfCapitalDistributionPerShare
0
CY2024Q1 hrzn Investment Company Distribution To Shareholders Per Share Other
InvestmentCompanyDistributionToShareholdersPerShareOther
0.05
CY2023Q1 hrzn Investment Company Distribution To Shareholders Per Share Other
InvestmentCompanyDistributionToShareholdersPerShareOther
0.01
CY2024Q1 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
9.64
CY2023Q1 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
11.34
CY2023Q4 us-gaap Share Price
SharePrice
13.17
CY2022Q4 us-gaap Share Price
SharePrice
11.6
CY2024Q1 us-gaap Share Price
SharePrice
11.37
CY2023Q1 us-gaap Share Price
SharePrice
11.28
CY2024Q1 us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
-0.112 pure
CY2023Q1 us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.001 pure
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
34469878
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
28377357
CY2024Q1 us-gaap Investment Company Expense Ratio Excluding Incentive Fee
InvestmentCompanyExpenseRatioExcludingIncentiveFee
0.157 pure
CY2023Q1 us-gaap Investment Company Expense Ratio Excluding Incentive Fee
InvestmentCompanyExpenseRatioExcludingIncentiveFee
0.148 pure
CY2024Q1 us-gaap Investment Company Incentive Fee To Average Net Assets
InvestmentCompanyIncentiveFeeToAverageNetAssets
0.004 pure
CY2023Q1 us-gaap Investment Company Incentive Fee To Average Net Assets
InvestmentCompanyIncentiveFeeToAverageNetAssets
0.037 pure
CY2024Q1 us-gaap Investment Company Expense Ratio Including Incentive Fee
InvestmentCompanyExpenseRatioIncludingIncentiveFee
0.161 pure
CY2023Q1 us-gaap Investment Company Expense Ratio Including Incentive Fee
InvestmentCompanyExpenseRatioIncludingIncentiveFee
0.185 pure
CY2024Q1 us-gaap Investment Company Investment Income Loss Ratio After Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation
0.154 pure
CY2023Q1 us-gaap Investment Company Investment Income Loss Ratio After Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation
0.163 pure
CY2024Q1 hrzn Net Assets
NetAssets
332121000 usd
CY2023Q1 hrzn Net Assets
NetAssets
321683000 usd
CY2024Q1 hrzn Average Net Assets
AverageNetAssets
328051000 usd
CY2023Q1 hrzn Average Net Assets
AverageNetAssets
320066000 usd
CY2024Q1 hrzn Investment Company Average Debt Per Share
InvestmentCompanyAverageDebtPerShare
13.61
CY2023Q1 hrzn Investment Company Average Debt Per Share
InvestmentCompanyAverageDebtPerShare
15.61
CY2024Q1 hrzn Investment Company Portfolio Turnover Ratio
InvestmentCompanyPortfolioTurnoverRatio
0.014 pure
CY2023Q1 hrzn Investment Company Portfolio Turnover Ratio
InvestmentCompanyPortfolioTurnoverRatio
0.042 pure

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