{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-135976","form_type":"8-K","ticker":"HTGC","cik":"0001280784","company_name":"Hercules Capital, Inc.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.255335+00:00","generated_at":"2026-06-15T20:52:19.449861+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hercules Capital posts record Q1 NII of $0.48/sh; NAV up 2.8% to $10.82","bullets":["Record Q1 net investment income $65.5M ($0.48/sh), up 83% YoY; total investment income $105.1M, up 61.3%.","Total gross fundings $476.2M (record Q1); portfolio yield 15.1% GAAP, core yield 14.0%.","NAV per share $10.82 at March 31, up 2.8% from Q4 2022; available liquidity $553.1M.","Q1 dividend $0.47/sh declared (payable May 23, record May 16); 123% NII coverage of base distribution.","Signed non-binding term sheets of $510M as of May 4; portfolio M&A includes IVERIC Bio acquisition for ~$5.9B."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-135976","json":"https://secwatch.observer/filing/0001193125-23-135976.json","markdown":"https://secwatch.observer/filing/0001193125-23-135976.md","text":"https://secwatch.observer/filing/0001193125-23-135976.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280784/000119312523135976/0001193125-23-135976-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280784/000119312523135976/d283708d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T20:52:19.449861+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6284ceeeaa30c79b15a7c74691ef871bf17cfe07","claim":"Hercules Capital, Inc. reported the first quarter ended March 31, 2023 results: revenue $105.1 million, net income $65.5 million, EPS $0.48 per share.","evidence_excerpt":"Record Total Investment Income of $105.1 million, an increase of 61.3% year-over-year • Record Net Investment Income of $65.5 million, or $0.48 per share, an increase of 83.0% year-over-year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1280784/000119312523135976/0001193125-23-135976-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$105.1 million"},{"label":"Net income","value":"$65.5 million"},{"label":"EPS","value":"$0.48 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}