{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-006110","form_type":"8-K","ticker":"HRZN","cik":"0001487428","company_name":"Horizon Technology Finance Corp","filed_at":"2025-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.756665+00:00","generated_at":"2026-05-25T13:48:08.383300+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Horizon Tech Finance Q4 NII $0.27 vs $0.45 YoY; NAV drops to $8.43 from $9.71","bullets":["Net investment income $0.27/share in Q4 2024, down from $0.45 in Q4 2023; full-year NII $1.32/share covered $1.32 distributions.","Net asset value $336.2M ($8.43/share) vs $324.0M ($9.71/share) at Dec 2023; net realized loss $34.6M for 2024.","Debt portfolio yield 14.9% (Q4) vs 16.8% prior year; total investment portfolio $697.9M.","Declared monthly distributions $0.11/share for Apr-Jun 2025, unchanged at $0.33 total; spillover income $1.06/share.","Investment adviser waived income incentive fee if NII per share < quarterly distribution, effective Q1-Q4 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-006110","json":"https://secwatch.observer/filing/0001437749-25-006110.json","markdown":"https://secwatch.observer/filing/0001437749-25-006110.md","text":"https://secwatch.observer/filing/0001437749-25-006110.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1487428/000143774925006110/0001437749-25-006110-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1487428/000143774925006110/hrzn20250303_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T13:48:08.383300+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}