---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-021409"
form_type: "8-K"
ticker: "HRZN"
cik: "0001487428"
company_name: "Horizon Technology Finance Corp"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T17:51:03.345678+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Horizon Tech Finance Q2 NII $0.54/share, debt yield 16.3%, but net realized loss $16.5M

## Summary
- NII of $16.1M ($0.54/share) vs $8.6M ($0.35/share) in prior-year period; revenue up 51.3% to $28.1M.
- Debt portfolio yield 16.3% (vs 14.2% prior year); total investment portfolio $715.4M, up 24% YoY.
- Net realized loss on investments of $16.5M ($0.55/share) vs $0.9M loss prior year; NAV $11.07/share vs $11.69.
- Completed $38.9M common stock offering; expanded credit facilities by $75M total; available liquidity $107.1M.
- Declared monthly distributions of $0.11/share for Oct/Nov/Dec (total $0.33); undistributed spillover income $1.02/share.

## SEC filing metadata
- accession: 0001437749-23-021409
- form_type: 8-K
- ticker: HRZN
- cik: 0001487428
- company_name: Horizon Technology Finance Corp
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487428/000143774923021409/0001437749-23-021409-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487428/000143774923021409/hrzn20230725c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-021409
- JSON: https://secwatch.observer/filing/0001437749-23-021409.json
- Plain text: https://secwatch.observer/filing/0001437749-23-021409.txt

## Key facts
- Earnings Releases
  Horizon Technology Finance Corp reported three months ended June 30, 2023 (second quarter 2023) results: revenue Total investment income $28.1 million, net income Net investment income $16.1 million; Net realized loss on investments $16.5 million; Net unrealized appreciation on inve, EPS $0.54 per share (net investment income).
  - Period: three months ended June 30, 2023 (second quarter 2023)
  - Revenue: Total investment income $28.1 million
  - Net income: Net investment income $16.1 million; Net realized loss on investments $16.5 million; Net unrealized appreciation on inve
  - EPS: $0.54 per share (net investment income)
  - Result: reported results
  source text: investments and deliver additional value to HRZN’s shareholders.” Second Quarter 2023 Operating Results Total investment income for the quarter ended June 30, 2023 grew 51.3% to $28.1 million, compared to $18.6 million for the quarter ended June 30, 2022, primarily due to growth in interest income on investments resulting from an increase in the average size of the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1487428/000143774923021409/0001437749-23-021409-index.htm

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