$HRZN
Horizon Technology Finance Corp

2022 Q3 Form 10-Q Financial Statement

#000155837022011669 Filed on August 02, 2022

View on sec.gov

Income Statement

Concept 2022 Q3
Revenue $18.11M
YoY Change -14.11%
Cost Of Revenue $11.64M
YoY Change 46.73%
Gross Profit $6.474M
YoY Change -50.79%
Gross Profit Margin 35.75%
Selling, General & Admin $381.0K
YoY Change 14.41%
% of Gross Profit 5.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $381.0K
YoY Change 14.41%
Operating Profit $6.093M
YoY Change -52.48%
Interest Expense $5.339M
YoY Change 71.56%
% of Operating Profit 87.63%
Other Income/Expense, Net
YoY Change
Pretax Income $6.093M
YoY Change -52.48%
Income Tax $100.0K
% Of Pretax Income 1.64%
Net Earnings $5.993M
YoY Change -53.06%
Net Earnings / Revenue 33.09%
Basic Earnings Per Share $0.43
Diluted Earnings Per Share $232.8K
COMMON SHARES
Basic Shares Outstanding 25.38M
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $31.57M
YoY Change -26.36%
Cash & Equivalents $33.19M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $42.55M
YoY Change -13.65%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $636.2M
YoY Change 40.19%
Other Assets
YoY Change
Total Long-Term Assets $638.8M
YoY Change 39.94%
TOTAL ASSETS
Total Short-Term Assets $42.55M
Total Long-Term Assets $638.8M
Total Assets $681.4M
YoY Change 34.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $2.119M
YoY Change 41.93%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $6.412M
YoY Change -68.17%
Total Short-Term Liabilities $21.10M
YoY Change -30.76%
LONG-TERM LIABILITIES
Long-Term Debt $352.6M
YoY Change 48.33%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $352.6M
YoY Change 48.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.10M
Total Long-Term Liabilities $352.6M
Total Liabilities $373.7M
YoY Change 39.35%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $27.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $307.7M
YoY Change
Total Liabilities & Shareholders Equity $681.4M
YoY Change 34.72%

Cashflow Statement

Concept 2022 Q3
OPERATING ACTIVITIES
Net Income $5.993M
YoY Change -53.06%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$50.12M
YoY Change 42.93%
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 5.411M
YoY Change -85.8%
NET CHANGE
Cash From Operating Activities -50.12M
Cash From Investing Activities
Cash From Financing Activities 5.411M
Net Change In Cash -44.71M
YoY Change -1569.18%
FREE CASH FLOW
Cash From Operating Activities -$50.12M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Shell Company
EntityShellCompany
false
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
27-2114934
dei Entity Address State Or Province
EntityAddressStateOrProvince
CT
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
06032
dei City Area Code
CityAreaCode
860
dei Local Phone Number
LocalPhoneNumber
676-8654
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Central Index Key
EntityCentralIndexKey
0001487428
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
814-00802
dei Entity Registrant Name
EntityRegistrantName
HORIZON TECHNOLOGY FINANCE CORPORATION
dei Entity Address Address Line1
EntityAddressAddressLine1
312 Farmington Avenue
dei Entity Address City Or Town
EntityAddressCityOrTown
Farmington
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
25382424
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false

Files In Submission

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0001558370-22-011669-index.html Edgar Link pending
0001558370-22-011669.txt Edgar Link pending
0001558370-22-011669-xbrl.zip Edgar Link pending
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hrzn-20220630xex32d1.htm Edgar Link pending
hrzn-20220630xex32d2.htm Edgar Link pending
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hrzn-20220630_pre.xml Edgar Link unprocessable
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