AI brief of an SEC Form 8-K · Horizon Technology Finance Corp (HRZN)

Horizon Technology Finance Q3 NII falls to $0.19 per share; NAV drops to $5.56

Negative Impact 4 of 5 earnings Written later

Horizon Technology Finance reported third quarter 2026 net investment income of $12.3 million, or $0.19 per basic share, down from $14.0 million, or $0.32 per share, a year earlier. The company posted a net decrease in net assets from operations of $28.2 million, or $0.43 per share, compared with a net increase of $30.7 million in the prior-year quarter, and net asset value fell to $5.56 per share from $7.12 a year earlier.

Key points

  • Net investment income of $12.3 million ($0.19 per basic share) vs. $14.0 million ($0.32) in Q3 2025; total investment income was $24.1 million vs. $26.3 million.
  • Net decrease in net assets from operations of $28.2 million ($0.43 per share), including net unrealized depreciation on investments of $29.1 million.
  • Net asset value was $5.56 per share at September 30, 2026, vs. $7.12 at September 30, 2025 and $6.98 at December 31, 2025.
  • Board declared monthly distributions of $0.06 per share for January, February and March 2027, totaling $0.18 per share; Q3 distributions were $0.27 per share.

The filing

CompanyHorizon Technology Finance Corp (HRZN)
Form8-K, current report
Filed with the SECNov 5, 2026, 4:27 PM ET
Accession number0001437749-26-035294

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.