{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-129411","form_type":"8-K","ticker":"HTGC","cik":"0001280784","company_name":"Hercules Capital, Inc.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.698265+00:00","generated_at":"2026-06-03T00:02:13.013873+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 Q1 NII $0.50/sh (+20.9% YoY); record commitments $956M; dividend $0.48","bullets":["Record Q1 gross commitments $956.0M (+81.7% YoY) and fundings $605.2M (+27.1% YoY).","Total investment income $121.6M (+15.7% YoY); NII $79.2M ($0.50/sh, +20.9% YoY), covering 125% of base distribution.","NAV per share $11.63 (+1.7% QoQ); net GAAP leverage 91.0%; non-accruals at 1.2% of cost (2 loans).","Early repayments $161.1M (-42% from Q4); core yield 14.0%; undistributed spillover $142.7M.","Board declared Q1 total cash distribution $0.48/sh ($0.40 base + $0.08 supplemental), payable May 21."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-129411","json":"https://secwatch.observer/filing/0001193125-24-129411.json","markdown":"https://secwatch.observer/filing/0001193125-24-129411.md","text":"https://secwatch.observer/filing/0001193125-24-129411.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280784/000119312524129411/0001193125-24-129411-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280784/000119312524129411/d802560d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:02:13.013873+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":"c823dd8da55cae1968f4785dfb50f1ab24754504","claim":"Hercules Capital, Inc. reported the quarter ended March 31, 2024 results: revenue $121.6 million, net income $79.2 million, EPS $0.50 per share.","evidence_excerpt":"Hercules Capital Reports First Quarter 2024 Financial Results Record Q1 2024 Total Gross Debt and Equity Commitments of $956.0 Million, an Increase of 81.7% Year-over-Year Record Q1 2024 Total Gross Fundings of $605.2 Million, an Increase of 27.1% Year-over-Year Q1 2024 Total Investment Income of $121.6 Million, an Increase of 15.7% Year-over-Year Q1 2024 Net Investment Income “NII” of $79.2 Million, or $0.50 per Share, an Increase of 20.9% Year-over-Year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1280784/000119312524129411/0001193125-24-129411-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$121.6 million"},{"label":"Net income","value":"$79.2 million"},{"label":"EPS","value":"$0.50 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"}