---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-004915"
form_type: "8-K"
ticker: "HRZN"
cik: "0001487428"
company_name: "Horizon Technology Finance Corp"
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T21:50:59.632345+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Horizon Q4 NII $0.40/share; portfolio hits record $720M, up 57% YoY

## Summary
- Q4 NII $10.7M ($0.40/share) vs $8.1M ($0.39) year ago; full-year NII $36.2M ($1.46/share) vs $28.2M ($1.41).
- Debt portfolio yield Q4 14.5% (vs 16.2% prior year); full-year 14.4% (vs 15.7%).
- NAV per share $11.47 at Dec 31, down from $11.56 year ago; undistributed spillover income $0.68/share.
- Funded 10 loans for $103.9M in Q4; total portfolio $720M, up 57% YoY.
- Board declared $0.11/share monthly distributions for April/May/June 2023, totaling $0.33.

## SEC filing metadata
- accession: 0001437749-23-004915
- form_type: 8-K
- ticker: HRZN
- cik: 0001487428
- company_name: Horizon Technology Finance Corp
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487428/000143774923004915/0001437749-23-004915-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487428/000143774923004915/hrzn20230221b_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-004915
- JSON: https://secwatch.observer/filing/0001437749-23-004915.json
- Plain text: https://secwatch.observer/filing/0001437749-23-004915.txt

## Key facts
- Earnings Releases
  Horizon Technology Finance Corp reported the year ended December 31, 2022 results: revenue $79.2 million, net income $36.2 million, EPS $1.46 per share.
  - Period: the year ended December 31, 2022
  - Revenue: $79.2 million
  - Net income: $36.2 million
  - EPS: $1.46 per share
  - Result: reported results
  source text: Total investment income for the year ended December 31, 2022 was $79.2 million, an increase of 32.0% compared to $60.0 million for the year ended December 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1487428/000143774923004915/0001437749-23-004915-index.htm
- Earnings Releases
  Horizon Technology Finance Corp reported the fourth quarter ended December 31, 2022 results: revenue $23.1 million, net income $10.7 million, EPS $0.40 per share.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $23.1 million
  - Net income: $10.7 million
  - EPS: $0.40 per share
  - Result: reported results
  source text: Total investment income for the quarter ended December 31, 2022 grew 36.6% to $23.1 million, compared to $16.9 million for the quarter ended December 31, 2021, primarily due to growth in interest income on investments resulting from an increase in the average size of the debt investment portfolio and an increase in the base rate for most of the Company’s variable rate debt investments.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1487428/000143774923004915/0001437749-23-004915-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.