2024 Q3 Form 10-Q Financial Statement

#000143774924023921 Filed on July 30, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $12.21M $13.27M
YoY Change -30.36% 8.81%
Cost Of Revenue $11.92M $11.85M
YoY Change 6.34% 4.67%
Gross Profit $8.083M -$8.217M
YoY Change -170.84% -1036.94%
Gross Profit Margin 66.2% -61.92%
Selling, General & Admin $432.0K $559.0K
YoY Change 10.77% 2.38%
% of Gross Profit 5.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $432.0K $559.0K
YoY Change 8.0% 2.38%
Operating Profit $7.651M -$8.776M
YoY Change -164.78% -2751.36%
Interest Expense $7.945M $7.940M
YoY Change 11.79% 10.6%
% of Operating Profit 103.84%
Other Income/Expense, Net
YoY Change
Pretax Income $7.651M -$8.776M
YoY Change -164.84% -2751.36%
Income Tax $373.0K $357.0K
% Of Pretax Income 4.88%
Net Earnings $7.278M -$9.133M
YoY Change -160.75% -6108.55%
Net Earnings / Revenue 59.61% -68.82%
Basic Earnings Per Share $0.32 $0.36
Diluted Earnings Per Share $0.20 -$0.26
COMMON SHARES
Basic Shares Outstanding 36.06M 35.02M
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $83.38M $113.7M
YoY Change 76.28% 126.13%
Cash & Equivalents $86.65M $116.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $99.17M $130.4M
YoY Change 61.52% 100.12%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $687.3M $650.1M
YoY Change -6.1% -9.13%
Other Assets
YoY Change
Total Long-Term Assets $693.9M $657.0M
YoY Change -5.7% -9.03%
TOTAL ASSETS
Total Short-Term Assets $99.17M $130.4M
Total Long-Term Assets $693.9M $657.0M
Total Assets $793.1M $787.4M
YoY Change -0.52% 0.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $3.072M $3.011M
YoY Change -0.9% 36.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $70.28M $72.87M
YoY Change 6.01% 69.73%
Total Short-Term Liabilities $86.86M $88.75M
YoY Change 6.57% 55.96%
LONG-TERM LIABILITIES
Long-Term Debt $363.7M $369.9M
YoY Change -1.49% -1.39%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $363.7M $369.9M
YoY Change -1.49% -1.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $86.86M $88.75M
Total Long-Term Liabilities $363.7M $369.9M
Total Liabilities $450.5M $458.6M
YoY Change -0.03% 6.17%
SHAREHOLDERS EQUITY
Retained Earnings -$157.9M -$152.6M
YoY Change 50.08% 85.71%
Common Stock $42.00K $40.00K
YoY Change 20.0% 17.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $342.5M $328.8M
YoY Change
Total Liabilities & Shareholders Equity $793.1M $787.4M
YoY Change -0.52% 0.0%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $7.278M -$9.133M
YoY Change -160.75% -6108.55%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$28.26M $54.29M
YoY Change 19.08% -1089.95%
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
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.969M -8.748M
YoY Change -109.52% -172.18%
NET CHANGE
Cash From Operating Activities -28.26M 54.29M
Cash From Investing Activities
Cash From Financing Activities -1.969M -8.748M
Net Change In Cash -30.23M 45.54M
YoY Change 891.02% 586.38%
FREE CASH FLOW
Cash From Operating Activities -$28.26M $54.29M
Capital Expenditures
Free Cash Flow
YoY Change

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5458000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
814000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
950000 usd
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
2472000 usd
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-16697000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-28471000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-6929000 usd
us-gaap Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
35384000 usd
us-gaap Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
87553000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Securities Operating Activities
ProceedsFromMaturitiesPrepaymentsAndCallsOfSecuritiesOperatingActivities
76056000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Securities Operating Activities
ProceedsFromMaturitiesPrepaymentsAndCallsOfSecuritiesOperatingActivities
64496000 usd
us-gaap Interest Income Operating Paid In Kind
InterestIncomeOperatingPaidInKind
1737000 usd
us-gaap Interest Income Operating Paid In Kind
InterestIncomeOperatingPaidInKind
2154000 usd
us-gaap Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
88000 usd
us-gaap Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
8506000 usd
hrzn Equity Received In Settlement Of Fee Income
EquityReceivedInSettlementOfFeeIncome
0 usd
hrzn Equity Received In Settlement Of Fee Income
EquityReceivedInSettlementOfFeeIncome
-89000 usd
hrzn Warrants Received In Settlement Of Fee Income
WarrantsReceivedInSettlementOfFeeIncome
-359000 usd
hrzn Warrants Received In Settlement Of Fee Income
WarrantsReceivedInSettlementOfFeeIncome
0 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
982000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-65000 usd
hrzn Increase Decrease In Endofterm Payments
IncreaseDecreaseInEndoftermPayments
1825000 usd
hrzn Increase Decrease In Endofterm Payments
IncreaseDecreaseInEndoftermPayments
1291000 usd
hrzn Increase Decrease In Unearned Income
IncreaseDecreaseInUnearnedIncome
2429000 usd
hrzn Increase Decrease In Unearned Income
IncreaseDecreaseInUnearnedIncome
2291000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
292000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
717000 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-1066000 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-484000 usd
us-gaap Increase Decrease In Management Fee Payable
IncreaseDecreaseInManagementFeePayable
-74000 usd
us-gaap Increase Decrease In Management Fee Payable
IncreaseDecreaseInManagementFeePayable
-2000 usd
us-gaap Increase Decrease In Incentive Fee Payable
IncreaseDecreaseInIncentiveFeePayable
0 usd
us-gaap Increase Decrease In Incentive Fee Payable
IncreaseDecreaseInIncentiveFeePayable
-1274000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
58330000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7246000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
29110000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
51175000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
50000000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
30000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
70000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
35000000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3337000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
729000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
22951000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
18229000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-17178000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
15452000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
41152000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
22698000 usd
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
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
116874000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
53164000 usd
us-gaap Interest Paid Net
InterestPaidNet
15237000 usd
us-gaap Interest Paid Net
InterestPaidNet
13409000 usd
hrzn Refinanced Debt Investment Balances
RefinancedDebtInvestmentBalances
11250000 usd
hrzn Refinanced Debt Investment Balances
RefinancedDebtInvestmentBalances
0 usd
hrzn Warrant Investments Received And Recorded As Unearned Income
WarrantInvestmentsReceivedAndRecordedAsUnearnedIncome
858000 usd
hrzn Warrant Investments Received And Recorded As Unearned Income
WarrantInvestmentsReceivedAndRecordedAsUnearnedIncome
656000 usd
CY2024Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
11894000 usd
CY2023Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
10592000 usd
hrzn Endofterm Payments Receivable Noncash Transaction
EndoftermPaymentsReceivableNoncashTransaction
13641000 usd
hrzn Endofterm Payments Receivable Noncash Transaction
EndoftermPaymentsReceivableNoncashTransaction
11074000 usd
us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
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7983000 usd
us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
7182000 usd
CY2024Q2 us-gaap Cash
Cash
81333000 usd
CY2023Q2 us-gaap Cash
Cash
24395000 usd
CY2024Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
32320000 usd
CY2023Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
25865000 usd
CY2024Q2 us-gaap Restricted Cash Equivalents
RestrictedCashEquivalents
3221000 usd
CY2023Q2 us-gaap Restricted Cash Equivalents
RestrictedCashEquivalents
2904000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
116874000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
53164000 usd
CY2024Q2 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
725430000 usd
CY2024Q2 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
646862000 usd
CY2024Q2 hrzn Percentage Of Nonqualifying Assets On A Cost Basis
PercentageOfNonqualifyingAssetsOnACostBasis
0.048 pure
CY2024Q2 hrzn Percentage Of Nonqualifying Assets On A Fair Value Basis
PercentageOfNonqualifyingAssetsOnAFairValueBasis
0.014 pure
CY2023Q4 us-gaap Investment Owned At Cost
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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
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>
CY2024Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8300000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5800000 usd
CY2024Q2 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
6000000 usd
CY2023Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
5200000 usd
CY2024Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
400000 usd
CY2023Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
500000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
800000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
900000 usd
CY2024Q2 hrzn Federal Excise Tax Percent
FederalExciseTaxPercent
0.04 pure
CY2024Q2 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
400000 usd
CY2023Q2 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
200000 usd
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
700000 usd
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
400000 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits
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0 usd
CY2024Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
5000000 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
CY2024Q2 us-gaap Management Fee Expense
ManagementFeeExpense
3000000 usd
CY2023Q2 us-gaap Management Fee Expense
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3200000 usd
us-gaap Management Fee Expense
ManagementFeeExpense
6200000 usd
us-gaap Management Fee Expense
ManagementFeeExpense
6400000 usd
CY2024Q2 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
725430000 usd
CY2024Q2 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
646862000 usd
CY2023Q4 us-gaap Investment Owned At Cost
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759182000 usd
CY2023Q4 us-gaap Investment Owned At Fair Value
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709085000 usd
CY2024Q2 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
725430000 usd
CY2024Q2 us-gaap Investment Owned At Fair Value
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646862000 usd
CY2023Q4 us-gaap Investment Owned At Cost
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759182000 usd
CY2023Q4 us-gaap Investment Owned At Fair Value
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709085000 usd
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
709946000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
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12065000 usd
CY2024Q2 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Warrants And Equity Received
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1089000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
56413000 usd
CY2024Q2 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Payment Inkind Interest
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPaymentInkindInterest
355000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
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47000 usd
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2660000 usd
CY2024Q2 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Appreciation Depreciation Included In Earnings
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CY2024Q2 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Between Investments
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersBetweenInvestments
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CY2024Q2 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherPeriodIncreaseDecrease
742000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
646232000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
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CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
713407000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
40545000 usd
CY2023Q2 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Warrants And Equity Received
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604000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
24740000 usd
CY2023Q2 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Payment Inkind Interest
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPaymentInkindInterest
950000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
1986000 usd
CY2023Q2 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss Included In Earnings
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CY2023Q2 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Appreciation Depreciation Included In Earnings
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205000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
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CY2023Q2 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Between Investments
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CY2023Q2 hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Period Increase Decrease
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CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
100000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
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FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
35384000 usd
hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Warrants And Equity Received
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1217000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
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hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Payment Inkind Interest
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
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88000 usd
hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss Included In Earnings
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hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Appreciation Depreciation Included In Earnings
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hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Between Investments
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1567000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
646232000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
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CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
716319000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
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87553000 usd
hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Warrants And Equity Received
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745000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
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hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Payment Inkind Interest
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2154000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
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8506000 usd
hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss Included In Earnings
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hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Appreciation Depreciation Included In Earnings
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
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hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Between Investments
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersBetweenInvestments
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hrzn Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Period Increase Decrease
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1894000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
713244000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
100000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
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CY2024Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
715000000 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
446000000 usd
CY2024Q2 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
269000000 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
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
3256000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
3765000 usd
CY2024Q2 us-gaap Debt Instrument Face Amount
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715000000 usd
CY2024Q2 us-gaap Long Term Debt
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442744000 usd
CY2024Q2 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
269000000 usd
CY2023Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
615000000 usd
CY2023Q4 us-gaap Long Term Debt
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462235000 usd
CY2023Q4 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
149000000 usd
CY2024Q2 us-gaap Fair Value Disclosure Offbalance Sheet Risks Face Amount Liability
FairValueDisclosureOffbalanceSheetRisksFaceAmountLiability
137500000 usd
CY2024Q2 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
1474000 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
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.71
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
16320000 usd
us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
73548
us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
874000 usd
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.37
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
41881000 usd
CY2023 us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
145743
CY2023 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
1833000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.38
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2024Q2 us-gaap Earnings Per Share Basic Undistributed
EarningsPerShareBasicUndistributed
1.28
CY2023Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
9.71
CY2022Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
11.47
us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
0.74
us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
1
us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
0.07
us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
-0.58
hrzn Investment Company Investment Depreciation Appreciation Per Share
InvestmentCompanyInvestmentDepreciationAppreciationPerShare
-0.82
hrzn Investment Company Investment Depreciation Appreciation Per Share
InvestmentCompanyInvestmentDepreciationAppreciationPerShare
-0.23
us-gaap Investment Company Net Asset Value Per Share Period Increase Decrease
InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease
-0.01
us-gaap Investment Company Net Asset Value Per Share Period Increase Decrease
InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease
0.19
us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
0.71
us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
0.66
hrzn Investment Company Distribution To Shareholders Per Share Net Investment Income
InvestmentCompanyDistributionToShareholdersPerShareNetInvestmentIncome
-0.71
hrzn Investment Company Distribution To Shareholders Per Share Net Investment Income
InvestmentCompanyDistributionToShareholdersPerShareNetInvestmentIncome
-0.66
CY2024Q2 hrzn Investment Company Distribution To Shareholders Per Share Net Realized Gain On Investments
InvestmentCompanyDistributionToShareholdersPerShareNetRealizedGainOnInvestments
0
CY2023Q2 hrzn Investment Company Distribution To Shareholders Per Share Net Realized Gain On Investments
InvestmentCompanyDistributionToShareholdersPerShareNetRealizedGainOnInvestments
0
us-gaap Investment Company Tax Return Of Capital Distribution Per Share
InvestmentCompanyTaxReturnOfCapitalDistributionPerShare
0
us-gaap Investment Company Tax Return Of Capital Distribution Per Share
InvestmentCompanyTaxReturnOfCapitalDistributionPerShare
0
hrzn Investment Company Distribution To Shareholders Per Share Other
InvestmentCompanyDistributionToShareholdersPerShareOther
0.13
hrzn Investment Company Distribution To Shareholders Per Share Other
InvestmentCompanyDistributionToShareholdersPerShareOther
0.07
CY2024Q2 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
9.12
CY2023Q2 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
11.07
CY2023Q4 us-gaap Share Price
SharePrice
13.17
CY2022Q4 us-gaap Share Price
SharePrice
11.6
CY2024Q2 us-gaap Share Price
SharePrice
12.04
CY2023Q2 us-gaap Share Price
SharePrice
12.08
us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
-0.032 pure
us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.098 pure
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
36043815
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
32096259
us-gaap Investment Company Expense Ratio Excluding Incentive Fee
InvestmentCompanyExpenseRatioExcludingIncentiveFee
0.156 pure
us-gaap Investment Company Expense Ratio Excluding Incentive Fee
InvestmentCompanyExpenseRatioExcludingIncentiveFee
0.142 pure
us-gaap Investment Company Incentive Fee To Average Net Assets
InvestmentCompanyIncentiveFeeToAverageNetAssets
0 pure
us-gaap Investment Company Incentive Fee To Average Net Assets
InvestmentCompanyIncentiveFeeToAverageNetAssets
0.019 pure
us-gaap Investment Company Expense Ratio Including Incentive Fee
InvestmentCompanyExpenseRatioIncludingIncentiveFee
0.156 pure
us-gaap Investment Company Expense Ratio Including Incentive Fee
InvestmentCompanyExpenseRatioIncludingIncentiveFee
0.161 pure
us-gaap Investment Company Investment Income Loss Ratio After Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation
0.155 pure
us-gaap Investment Company Investment Income Loss Ratio After Incentive Allocation
InvestmentCompanyInvestmentIncomeLossRatioAfterIncentiveAllocation
0.175 pure
CY2024Q2 hrzn Net Assets
NetAssets
328778000 usd
CY2023Q2 hrzn Net Assets
NetAssets
355419000 usd
CY2024Q2 hrzn Average Net Assets
AverageNetAssets
328293000 usd
CY2023Q2 hrzn Average Net Assets
AverageNetAssets
331850000 usd
hrzn Investment Company Average Debt Per Share
InvestmentCompanyAverageDebtPerShare
13.03
hrzn Investment Company Average Debt Per Share
InvestmentCompanyAverageDebtPerShare
15.11
hrzn Investment Company Portfolio Turnover Ratio
InvestmentCompanyPortfolioTurnoverRatio
0.054 pure
hrzn Investment Company Portfolio Turnover Ratio
InvestmentCompanyPortfolioTurnoverRatio
0.076 pure

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