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Horizon Technology Finance HRZN · USD

Financials · US listing · 🇺🇸 United States

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3.87

-2.27%

Close of 9 Nov 2026, in USD

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About Horizon Technology Finance

From its filings with the US Securities and Exchange Commission

SEC filings

Horizon Technology Finance is based in Farmington, Connecticut and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker HRZN. In the fiscal year to 31 December 2025, it reported a net loss of $2.7m. At that date it held total assets of $811.1m and shareholders' equity of $318.5m.

In its own words

We are an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company, or BDC, under the Investment Company Act of 1940, as amended, or the 1940 Act. In addition, for U.S. federal income tax purposes, we have elected to be treated as a regulated investment company, or RIC, under Subchapter M of the Internal Revenue Code of 1986, as amended, or the Code. As a BDC, we are required to comply with regulatory requirements, including limitations on our use of debt. We are permitted to, and expect to, finance our investments through borrowings subject to a 150% asset coverage agreement. As defined in the 1940 Act, asset coverage of 150% means that we are able to borrow up to two dollars for every dollar we have in assets less all liabilities and indebtedness not represented by senior securities issued by us. The amount of leverage that we may employ will depend on our assessment of market conditions and other factors at the time of any proposed borrowing. As a RIC, we generally are not subject to pay corporate-level income taxes on our investment company taxable income, determined without regard to any deductions for dividends paid, and our net capital gain that we distribute as dividends for U.S. federal income tax purposes to our stockholders as long as we meet certain source-of-income, distribution, asset diversification and other requirements.

Quoted from its 10-K, filed 3 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Financials
Industry
Capital Markets
Listed since
29 Oct 2010
Head office
312 FARMINGTON AVENUE, FARMINGTON, CT, 06032
Incorporated in
DE
Filer status
Accelerated filer

Leadership

Pay as last reported

  • Mr. Robert PomeroyChairman of the Board, since 2010
  • Mr. Michael BalkinChief Executive Officer, Director, since 2023$107,000
  • Mr. Daniel TrolioChief Financial Officer, Executive Vice President, Treasurer
  • Mr. John BombaraExecutive Vice President, Chief Compliance Officer, General Counsel, Secretary
  • Ms. Diane EarleSenior Vice President, Chief Credit Officer
  • Ms. Lynn DombrowskiChief Accounting Officer
  • Mr. Paul SeitzChief Investment Officer
  • Mr. Edmund MahoneyLead Independent Director$117,000
  • Mr. James BottiglieriIndependent Director$124,500
  • Mr. Jonathan GoodmanIndependent Director$109,500
  • Ms. Elaine SarsynskiIndependent Director$122,000
  • Mr. Joseph SavageIndependent Director$114,500

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Horizon Technology Finance Corp has several key strengths that contribute to its success:

Weaknesses

  • Despite its strengths, Horizon Technology Finance Corp also faces certain weaknesses:

Opportunities

  • Horizon Technology Finance Corp has several opportunities for growth and expansion:

Threats

  • Horizon Technology Finance Corp faces certain threats that could impact its operations negatively:

Sources and methodology

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