Firsthand Technology Value Fund FY2024 NAV drops to $0.15; net assets $1.1M

Firsthand Technology Value Fund, Inc.

Net assets $1.1M ($0.15/sh) vs $1.5M ($0.22/sh) at Sep 30, 2024.
Total investment income $110k; net investment income $2.0M after fee waivers.
Net realized and unrealized losses on investments of $2.1M for the year.
Cash and equivalents $0.75M; equity/debt investments $0.32M as of Dec 31, 2024.
Valuation committee reduced fair values of private portfolio companies in Q4 2024.

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