{"id":518499,"date":"2021-07-27T16:19:12","date_gmt":"2021-07-27T20:19:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/"},"modified":"2021-07-27T16:19:12","modified_gmt":"2021-07-27T20:19:12","slug":"horizon-technology-finance-announces-second-quarter-2021-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/","title":{"rendered":"Horizon Technology Finance Announces Second Quarter 2021 Financial Results"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">&#8211;  Net Investment Income per Share of $0.31; NAV per Share of $11.20 &#8211;<\/h2>\n<h2 class=\"xn-hedline\">&#8211; Debt Portfolio Yield of 14.7% &#8211;<\/h2>\n<h2 class=\"xn-hedline\">&#8211; Declares Monthly Distributions of $0.10 per Share through December &#8211;<\/h2>\n<h2 class=\"xn-hedline\">&#8211; Grew Portfolio Quarter-over-Quarter to $404 Million &#8211;<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">FARMINGTON, Conn.<\/span>, <span class=\"xn-chron\">July 27, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Horizon Technology Finance Corporation (NASDAQ: HRZN) (&#8220;Horizon&#8221; or the &#8220;Company&#8221;), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced its financial results for the second quarter ended <span class=\"xn-chron\">June 30, 2021<\/span>.<\/p>\n<p>\n        <b>Second Quarter 2021 Highlights<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Net investment income (&#8220;NII&#8221;) of <span class=\"xn-money\">$6.1 million<\/span>, or <span class=\"xn-money\">$0.31<\/span> per share, compared to <span class=\"xn-money\">$6.7 million<\/span>, or <span class=\"xn-money\">$0.40<\/span> per share for the prior-year period <\/li>\n<li>Total investment portfolio of <span class=\"xn-money\">$404.1 million<\/span> as of <span class=\"xn-chron\">June 30, 2021<\/span><\/li>\n<li>Net asset value of <span class=\"xn-money\">$224.3 million<\/span>, or <span class=\"xn-money\">$11.20<\/span> per share, as of <span class=\"xn-chron\">June 30, 2021<\/span><\/li>\n<li>Annualized portfolio yield on debt investments of 14.7% for the quarter <\/li>\n<li>Horizon funded nine loans totaling <span class=\"xn-money\">$67.3 million<\/span> for a total of <span class=\"xn-money\">$99.3 million<\/span> of loans funded through Horizon&#8217;s advisor&#8217;s, Horizon Technology Finance Management&#8217;s (&#8220;HTFM&#8221;), platform <\/li>\n<li>Raised total net proceeds of approximately <span class=\"xn-money\">$5.8 million<\/span> with &#8220;at-the-market&#8221; (&#8220;ATM&#8221;) offering program <\/li>\n<li>Experienced liquidity events from five portfolio companies <\/li>\n<li>Cash of <span class=\"xn-money\">$39.8 million<\/span> and credit facility capacity of <span class=\"xn-money\">$159.3 million<\/span> as of <span class=\"xn-chron\">June 30, 2021<\/span><\/li>\n<li>Held portfolio of warrant and equity positions in 71 companies as of <span class=\"xn-chron\">June 30, 2021<\/span><\/li>\n<li>Undistributed spillover income of <span class=\"xn-money\">$0.34<\/span> per share as of <span class=\"xn-chron\">June 30, 2021<\/span><\/li>\n<li>Redeemed <span class=\"xn-money\">$37.4 million<\/span> of 6.250% 2022 Notes <\/li>\n<li>Subsequent to quarter end, declared distributions of <span class=\"xn-money\">$0.10<\/span> per share payable in October, November and <span class=\"xn-chron\">December 2021<\/span><\/li>\n<\/ul>\n<p>&#8220;We are pleased with our second quarter performance, as we passed the <span class=\"xn-money\">$400 million<\/span> milestone in portfolio size and generated net investment income of <span class=\"xn-money\">$0.31<\/span> per share, which exceeded our second quarter distributions to shareholders,&#8221; said <span class=\"xn-person\">Robert D. Pomeroy, Jr.<\/span>, Chairman and Chief Executive Officer of Horizon. &#8220;Bolstered by our strong brand and the ability to partner with the origination capacity from HTFM&#8217;s new investment vehicle, the Company originated over <span class=\"xn-money\">$67 million<\/span> of new venture loans, alongside <span class=\"xn-money\">$32 million<\/span> in investments by HTFM&#8217;s vehicle, leading to further portfolio growth and diversification for Horizon.\u00a0 At the same time, Horizon completed five portfolio exits, helping to produce one of the industry&#8217;s highest debt portfolio yields of nearly 15% &#8211; all a testament to HTFM&#8217;s predictive pricing strategy.&#8221;<\/p>\n<p>&#8220;We also continued to maintain a solid portfolio credit profile, ending the quarter with no 1-rated loans and no loans on non-accrual,&#8221; continued Mr. Pomeroy.\u00a0 &#8220;Looking towards the second half of the year, we believe demand for venture debt will remain robust, and with Horizon&#8217;s record committed backlog, deep pipeline and ample capacity, Horizon is well positioned to continue growing and deliver attractive returns to its shareholders.&#8221;\u00a0 <\/p>\n<p>\n        <b>Second Quarter 2021 Operating Results<\/b>\n      <\/p>\n<p>Total investment income for the quarter ended <span class=\"xn-chron\">June 30, 2021<\/span> was <span class=\"xn-money\">$13.5 million<\/span>, comparable with the quarter ended <span class=\"xn-chron\">June 30, 2020<\/span>, primarily due to growth in interest income on investments resulting from an increase in the average size of the debt investment portfolio and offset by lower fee income earned on prepayments. <\/p>\n<p>The Company&#8217;s dollar-weighted annualized yield on average debt investments for the quarter ended <span class=\"xn-chron\">June 30, 2021<\/span> and 2020 was 14.7% and 16.9%, respectively. \u00a0The Company calculates the dollar-weighted annualized yield on average debt investments for any period measured as (1) total investment income (excluding dividend income) during the period divided by (2) the average of the fair value of debt investments outstanding on (a) the last day of the calendar month immediately preceding the first day of the period and (b) the last day of each calendar month during the period. The dollar-weighted annualized yield on average debt investments is higher than what investors will realize because it does not reflect expenses or any sales load paid by investors.<\/p>\n<p>Total expenses for the quarter ended <span class=\"xn-chron\">June 30, 2021<\/span> were <span class=\"xn-money\">$7.3 million<\/span>, compared to <span class=\"xn-money\">$6.8 million<\/span> for the quarter ended <span class=\"xn-chron\">June 30, 2020<\/span>. \u00a0The increase was primarily due to a <span class=\"xn-money\">$0.4 million<\/span> increase in interest expense and a <span class=\"xn-money\">$0.2 million<\/span> increase in the base management fee. <\/p>\n<p>Net investment income for the quarter ended <span class=\"xn-chron\">June 30, 2021<\/span> was <span class=\"xn-money\">$6.1 million<\/span>, or <span class=\"xn-money\">$0.31<\/span> per share, compared to <span class=\"xn-money\">$6.7 million<\/span>, or <span class=\"xn-money\">$0.40<\/span> per share, for the quarter ended <span class=\"xn-chron\">June 30, 2020<\/span>. <\/p>\n<p>For the quarter ended <span class=\"xn-chron\">June 30, 2021<\/span>, net realized gain on investments was <span class=\"xn-money\">$1.5 million<\/span>, or <span class=\"xn-money\">$0.08<\/span> per share, compared to a net realized loss on investments of <span class=\"xn-money\">$0.7 million<\/span>, or <span class=\"xn-money\">$0.04<\/span> per share, for the quarter ended <span class=\"xn-chron\">June 30, 2020<\/span>. For the quarter ended <span class=\"xn-chron\">June 30, 2021<\/span>, net realized loss on extinguishment of debt was <span class=\"xn-money\">$0.4 million<\/span>, or <span class=\"xn-money\">$0.02<\/span> per share.<\/p>\n<p>For the quarter ended <span class=\"xn-chron\">June 30, 2021<\/span>, net unrealized depreciation on investments was <span class=\"xn-money\">$0.5 million<\/span>, or <span class=\"xn-money\">$0.02<\/span> per share, compared to net unrealized appreciation on investments of <span class=\"xn-money\">$1.9 million<\/span>, or <span class=\"xn-money\">$0.11<\/span> per share, for the prior-year period. <\/p>\n<p>\n        <b>Portfolio Summary and Investment Activity<\/b>\n      <\/p>\n<p>As of <span class=\"xn-chron\">June 30, 2021<\/span>, the Company&#8217;s debt portfolio consisted of 39 secured loans with an aggregate fair value of <span class=\"xn-money\">$385.8 million<\/span>. In addition, the Company&#8217;s total warrant, equity and other investments in 73 portfolio companies had an aggregate fair value of <span class=\"xn-money\">$18.3 million<\/span>. \u00a0Total portfolio investment activity for the three and six months ended <span class=\"xn-chron\">June 30, 2021<\/span> and 2020 was as follows:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td class=\"prnsbtb1 prnrbrb1 prnvab prnsbbb1 prnpl6 prnsblb1 prnpr6\">\n<p class=\"prnml6\">\n                <span class=\"prnews_span\"><br \/>\n                  <i>($ in thousands)<\/i><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnmr8\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the Three Months Ended June 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnmr8\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the Six Months Ended June 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnrbrb1 prnvab prnsbbb1 prntac prnpl6 prnsblb1 prnpr8\">\n              \n            <\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2021<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2021<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnml6\">\n                <span class=\"prnews_span\">Beginning portfolio<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0380,023<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0334,506<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0352,545<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0319,551<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnml6\">\n                <span class=\"prnews_span\">New debt investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">67,285<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">54,908<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">118,660<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">105,554<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnml6\">\n                <span class=\"prnews_span\">Principal payments received on investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(3,415)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(4,938)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(8,082)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(13,925)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnml6\">\n                <span class=\"prnews_span\">Early pay-offs<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(38,125)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(30,296)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(57,590)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(47,243)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnml6\">\n                <span class=\"prnews_span\">Accretion of debt investment fees<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,087<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,222<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,170<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,287<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnml6\">\n                <span class=\"prnews_span\">New debt investment fees<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(889)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(633)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1,370)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1,213)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnml6\">\n                <span class=\"prnews_span\">Warrants received in settlement of fee income<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">978<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">978<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnml6\">\n                <span class=\"prnews_span\">Proceeds from sale of investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(2,859)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(576)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(3,732)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(6,256)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnml6\">\n                <span class=\"prnews_span\">Dividend income from controlled affiliate investment<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(312)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">118<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnml6\">\n                <span class=\"prnews_span\">Net realized gain (loss) on investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,492<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(725)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(3,226)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,766<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnml6\">\n                <span class=\"prnews_span\">Net unrealized (depreciation) appreciation on investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(478)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,944<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4,746<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(6,539)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnml4 prnmr30\">\n                <span class=\"prnews_span\">Other<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(198)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen12\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(198)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<td class=\"prngen8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnml6\">\n                <span class=\"prnews_span\">Ending portfolio<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0404,121<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0355,880<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 404,121<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0355,880<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<p>\n        <b>Portfolio Asset Quality<\/b>\n      <\/p>\n<p>The following table shows the classification of Horizon&#8217;s loan portfolio at fair value by internal credit rating as of <span class=\"xn-chron\">June 30, 2021<\/span>, <span class=\"xn-chron\">March 31, 2021<\/span> and <span class=\"xn-chron\">December 31, 2020<\/span>:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <i>($ in thousands)<\/i><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>June 30, 2021<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen15\">\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>March 31, 2021<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen15\">\n<p class=\"prnews_p\">\u00a0<\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>December 31, 2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Number of Investments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Debt Investments at Fair Value<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Percentage of Debt Investments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Number of Investments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Debt Investments at Fair Value<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Percentage of Debt Investments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Number of Investments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Debt Investments at Fair Value<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Percentage of Debt Investments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Credit Rating<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 44,286<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">11.5%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 71,946<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">19.9%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 77,950<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">23.4%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">32<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">318,448<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">82.5%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">29<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">283,989<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">78.5%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">24<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">240,933<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">72.2%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">23,080<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6.0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5,819<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1.6%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">12,875<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.9%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8212;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8212;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8212;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8212;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8212;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">&#8212;<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,737<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.5%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Total<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">39<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen25\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 385,814<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">100.0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">37<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen25\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 361,754<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">100.0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen16\">\n              \n            <\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">34<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen25\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 333,495<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">100.0%<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>As of <span class=\"xn-chron\">June 30, 2021<\/span>, Horizon&#8217;s loan portfolio had a weighted average credit rating of 3.1, compared to 3.2 as of <span class=\"xn-chron\">March 31, 2021<\/span> and <span class=\"xn-chron\">December 31, 2020<\/span>, respectively, with 4 being the highest credit quality rating and 3 being the rating for a standard level of risk. \u00a0A rating of 2 represents an increased level of risk and, while no loss is currently anticipated for a 2-rated loan, there is potential for future loss of principal. \u00a0A rating of 1 represents deteriorating credit quality and high degree of risk of loss of principal. <\/p>\n<p>As of <span class=\"xn-chron\">June 30, 2021<\/span> and <span class=\"xn-chron\">March 31, 2021<\/span>, there were no debt investments with an internal credit rating of 1. \u00a0As of <span class=\"xn-chron\">December 31, 2020<\/span>, there was one debt investment with an internal credit rating of 1, with a cost of <span class=\"xn-money\">$6.8 million<\/span> and a fair value of <span class=\"xn-money\">$1.7 million<\/span>.\u00a0<\/p>\n<p>\n        <b>Liquidity and Capital Resources<\/b>\n      <\/p>\n<p>As of <span class=\"xn-chron\">June 30, 2021<\/span>, the Company had <span class=\"xn-money\">$83.3 million<\/span> in available liquidity, consisting of <span class=\"xn-money\">$39.8 million<\/span> in cash and money market funds, and <span class=\"xn-money\">$43.5 million<\/span> in funds available under existing credit facility commitments.<\/p>\n<p>As of <span class=\"xn-chron\">June 30, 2021<\/span>, there was <span class=\"xn-money\">$15.0 million<\/span> in outstanding principal balance under the <span class=\"xn-money\">$125.0 million<\/span> revolving credit facility (&#8220;Key Facility&#8221;).\u00a0 The Key Facility allows for an increase in the total loan commitment up to an aggregate commitment of <span class=\"xn-money\">$150.0 million<\/span>. There can be no assurance that any additional lenders will make any commitments under the Key Facility. <\/p>\n<p>Additionally, as of <span class=\"xn-chron\">June 30, 2021<\/span>, there was <span class=\"xn-money\">$50.8 million<\/span> in outstanding principal balance under the <span class=\"xn-money\">$100 million<\/span> senior secured debt facility with a large U.S.-based insurance company at an interest rate of 4.60%.<\/p>\n<p>Horizon Funding Trust 2019-1, a wholly-owned subsidiary of Horizon, previously issued <span class=\"xn-money\">$100.0 million<\/span> of Asset-Backed Notes (the &#8220;Notes&#8221;) rated A+(sf) by Morningstar Credit Ratings, LLC, and backed by <span class=\"xn-money\">$148.9 million<\/span> of secured loans originated by Horizon.\u00a0 The Notes bear interest at a fixed interest rate of 4.21% per annum and have a stated maturity date of <span class=\"xn-chron\">September 15<\/span>, 2027.\u00a0\u00a0 As of <span class=\"xn-chron\">June 30, 2021<\/span>, the Notes had an outstanding principal balance of <span class=\"xn-money\">$100.0 million<\/span>.<\/p>\n<p>During the three months ended <span class=\"xn-chron\">June 30, 2021<\/span>, the Company sold 361,308 shares of common stock under its ATM offering program with Goldman Sachs &amp; Co. LLC and B. Riley FBR, Inc. For the same period, the Company received total accumulated net proceeds of approximately <span class=\"xn-money\">$5.8 million<\/span>, including <span class=\"xn-money\">$0.2 million<\/span> of offering expenses, from these sales. <\/p>\n<p>As of <span class=\"xn-chron\">June 30, 2021<\/span>, the Company&#8217;s debt to equity leverage ratio was 100%, within the Company&#8217;s 80-120% targeted leverage range.\u00a0 The asset coverage ratio for borrowed amounts was 200%.<\/p>\n<p>\n        <b>Liquidity Events<\/b>\n      <\/p>\n<p>During the quarter ended <span class=\"xn-chron\">June 30, 2021<\/span>, Horizon experienced liquidity events from five portfolio companies. Liquidity events for Horizon may consist of the sale of warrants or equity in portfolio companies, loan prepayments, sale of owned assets or receipt of success fees.<\/p>\n<p>In April, Kate Farms, Inc. prepaid its outstanding principal balance of <span class=\"xn-money\">$15.0 million<\/span> on its venture loan, plus interest, end-of-term payment and prepayment fee. Horizon continues to hold warrants in the company. <\/p>\n<p>In April, xAD, Inc. prepaid its outstanding principal balance of <span class=\"xn-money\">$8.1 million<\/span> on its venture loan, plus interest, end-of-term payment and prepayment fee. Horizon continues to hold warrants in the company. <\/p>\n<p>In June, Horizon received proceeds of <span class=\"xn-money\">$1.2 million<\/span> from the sale of its equity in Lightspeed POS Inc. (NYSE: LSPD).<\/p>\n<p>In June, Keypath Education Holdings, Inc. prepaid its outstanding principal balance of <span class=\"xn-money\">$10.0 million<\/span> on its venture loan, plus interest, end-of-term payment and prepayment fee.\u00a0 Horizon also received proceeds totaling <span class=\"xn-money\">$1.6 million<\/span> from the redemption of warrants it held in the company.\u00a0 <\/p>\n<p>In June, Celsion Corporation prepaid its outstanding principal balance of <span class=\"xn-money\">$5.0 million<\/span> on its venture loan, plus interest, end-of-term payment and prepayment fee. Horizon continues to hold warrants in the company. <\/p>\n<p>\n        <b>Net Asset Value<\/b>\n      <\/p>\n<p>At <span class=\"xn-chron\">June 30, 2021<\/span>, the Company&#8217;s net assets were <span class=\"xn-money\">$224.3 million<\/span>, or <span class=\"xn-money\">$11.20<\/span> per share, compared to <span class=\"xn-money\">$201.2 million<\/span>, or <span class=\"xn-money\">$11.64<\/span> per share, as of <span class=\"xn-chron\">June 30, 2020<\/span>, and <span class=\"xn-money\">$212.6 million<\/span>, or <span class=\"xn-money\">$11.02<\/span> per share, as of <span class=\"xn-chron\">December 31<\/span>, 2020.\u00a0 <\/p>\n<p>For the quarter ended <span class=\"xn-chron\">June 30, 2021<\/span>, net increase in net assets resulting from operations was <span class=\"xn-money\">$6.7 million<\/span>, or <span class=\"xn-money\">$0.34<\/span> per share, compared to <span class=\"xn-money\">$7.9 million<\/span>, or <span class=\"xn-money\">$0.47<\/span> per share, for the quarter ended <span class=\"xn-chron\">June 30, 2020<\/span>.<\/p>\n<p>\n        <b>Stock Repurchase Program<\/b>\n      <\/p>\n<p>On <span class=\"xn-chron\">April 23, 2021<\/span>, the Company&#8217;s board of directors extended the Company&#8217;s previously authorized stock repurchase program until the earlier of <span class=\"xn-chron\">June 30, 2022<\/span> or the repurchase of <span class=\"xn-money\">$5.0 million<\/span> of the Company&#8217;s common stock. During the quarter ended <span class=\"xn-chron\">June 30, 2021<\/span>, the Company did not repurchase any shares of its common stock. From the inception of the stock repurchase program through <span class=\"xn-chron\">June 30, 2021<\/span>, the Company has repurchased 167,465 shares of its common stock at an average price of <span class=\"xn-money\">$11.22<\/span> on the open market at a total cost of <span class=\"xn-money\">$1.9 million<\/span>.<\/p>\n<p>\n        <b>Recent Developments<\/b>\n      <\/p>\n<p>On <span class=\"xn-chron\">July 1, 2021<\/span>, the Company funded a <span class=\"xn-money\">$2.5 million<\/span> debt investment to a new portfolio company, Lyrical Foods, Inc., a leading creator of plant-based foods.<\/p>\n<p>On <span class=\"xn-chron\">July 1, 2021<\/span>, the Company funded a <span class=\"xn-money\">$0.4 million<\/span> debt investment to HESP LLC, its wholly-owned subsidiary.<\/p>\n<p>On <span class=\"xn-chron\">July 2, 2021<\/span>, the Company funded a <span class=\"xn-money\">$5.0 million<\/span> debt investment to a new portfolio company, Reputation Institute, Inc., a developer of an enterprise software platform to help businesses better understand, improve and protect their corporate reputation.<\/p>\n<p>On <span class=\"xn-chron\">July 23, 2021<\/span>, Revinate, Inc. prepaid its outstanding principal balance of <span class=\"xn-money\">$10.0 million<\/span> on its venture loan, plus interest, end-of-term payment and prepayment fee. The Company continues to hold warrants in Revinate, Inc.<\/p>\n<p>\n        <b>Monthly Distributions Declared in Third Quarter 2021<\/b>\n      <\/p>\n<p>On <span class=\"xn-chron\">July 23, 2021<\/span>, the Company&#8217;s board of directors declared monthly distributions of <span class=\"xn-money\">$0.10<\/span> per share payable in each of October, November and December 2021.\u00a0 The following table shows these monthly distributions, which total <span class=\"xn-money\">$0.30<\/span> per share:<\/p>\n<p>\n        <b>Monthly Distributions<\/b>\n      <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prngen27\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Ex-Dividend Date<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Record Date<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Payment Date<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Amount per Share<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">September 16, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">September 17, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">October 15, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.10<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">October 18, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">October 19, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">November 16, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.10<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">November 17, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">November 18, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">December 15, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.10<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen20\">\n              \n            <\/td>\n<td class=\"prngen20\">\n              \n            <\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Total:<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.30<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>After paying distributions of <span class=\"xn-money\">$0.30<\/span> per share and earning net investment income of <span class=\"xn-money\">$0.31<\/span> per share for the quarter, the Company&#8217;s undistributed spillover income as of <span class=\"xn-chron\">June 30, 2021<\/span> was <span class=\"xn-money\">$0.34<\/span> per share. Spillover income includes any ordinary income and net capital gains from the preceding tax years that were not distributed during such tax years.<\/p>\n<p>When declaring distributions, the Horizon board of directors reviews estimates of taxable income available for distribution, which may differ from consolidated net income under generally accepted accounting principles due to (i) changes in unrealized appreciation and depreciation, (ii) temporary and permanent differences in income and expense recognition, and (iii) the amount of spillover income carried over from a given year for distribution in the following year. The final determination of taxable income for each tax year, as well as the tax attributes for distributions in such tax year, will be made after the close of the tax year.<\/p>\n<p>\n        <b>Conference Call<\/b>\n      <\/p>\n<p>The Company will host a conference call on <span class=\"xn-chron\">Wednesday, July 28, 2021<\/span>, at <span class=\"xn-chron\">9:00 a.m. ET<\/span> to discuss its latest corporate developments and financial results. To participate in the call, please dial (877) 407-9716 (domestic) or (201) 493-6779 (international). The access code for all callers is 13720733.\u00a0 The Company recommends joining the call at least 5 minutes in advance.\u00a0 In addition, a\u00a0live webcast will be available on the Company&#8217;s website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3240739-1&amp;h=1785728091&amp;u=http%3A%2F%2Fwww.horizontechfinance.com%2F&amp;a=www.horizontechfinance.com\" rel=\"nofollow noopener\">www.horizontechfinance.com<\/a>.\u00a0<\/p>\n<p>A webcast replay will be available on the Company&#8217;s website for 30 days following the call.<\/p>\n<p>\n        <b>About Horizon Technology Finance<\/b>\n      <\/p>\n<p>Horizon Technology Finance Corporation (NASDAQ: HRZN) is a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries. The investment objective of Horizon is to maximize its investment portfolio&#8217;s return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Horizon is headquartered in <span class=\"xn-location\">Farmington, Connecticut<\/span>, with a regional office in <span class=\"xn-location\">Pleasanton, California<\/span>, and investment professionals located in <span class=\"xn-location\">Portland, Maine<\/span>, <span class=\"xn-location\">Austin, Texas<\/span>, and Reston, Virginia.\u00a0To learn more, please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3240739-1&amp;h=1785728091&amp;u=http%3A%2F%2Fwww.horizontechfinance.com%2F&amp;a=www.horizontechfinance.com\" rel=\"nofollow noopener\">www.horizontechfinance.com<\/a>.<\/p>\n<p>\n        <b>Forward-Looking Statements<\/b>\n      <\/p>\n<p>\n        <i>Statements included herein may constitute &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Horizon&#8217;s filings with the Securities and Exchange Commission. Horizon undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.<\/i>\n      <\/p>\n<p>\n        <b>Contacts:<\/b>\n      <\/p>\n<p>Investor Relations:<br \/>ICR<br \/><span class=\"xn-person\">Garrett Edson<\/span><br \/><a target=\"_blank\" href=\"mailto:ir@horizontechfinance.com\" rel=\"nofollow noopener\">ir@horizontechfinance.com<\/a>\u00a0<br \/>(860) 284-6450<\/p>\n<p>Media Relations:<br \/>ICR<br \/><span class=\"xn-person\">Chris Gillick<\/span><br \/><a target=\"_blank\" href=\"mailto:HorizonPR@icrinc.com\" rel=\"nofollow noopener\">HorizonPR@icrinc.com<\/a>\u00a0<br \/>(646) 677-1819<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td colspan=\"6\" class=\"prngen28\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Horizon Technology Finance Corporation and Subsidiaries<br \/><\/b><br \/>\n                  <b>Consolidated Statements of Assets and Liabilities <br \/><\/b><br \/>\n                  <i>(Dollars in thousands, except share and per share data)<\/i><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"6\" class=\"prngen29\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen29\">\n              \n            <\/td>\n<td class=\"prngen28\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>June 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen29\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen28\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>December 31,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen29\">\n              \n            <\/td>\n<td class=\"prngen30\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2021<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen29\">\n              \n            <\/td>\n<td class=\"prngen30\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <i>(unaudited)<\/i><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Assets<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Non-affiliate investments at fair value (cost of $393,365 and $343,158, respectively)<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 399,935<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 343,498<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Non-controlled affiliate investments at fair value (cost of $3,477 and $6,854, respectively)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,686<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">7,547<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Controlled affiliate investments at fair value (cost of $1,500)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,500<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,500<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total investments at fair value (cost of $398,342 and $351,512, respectively)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">404,121<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">352,545<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Cash<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">26,737<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">19,502<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Investments in money market funds<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">13,096<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">27,199<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Restricted investments in money market funds<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,502<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,057<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Interest receivable<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6,099<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4,946<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Other assets<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,563<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,908<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total assets<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 454,118<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 407,157<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Liabilities<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Borrowings<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 220,202<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 185,819<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Distributions payable<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6,007<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5,786<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Base management fee payable<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">634<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">563<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Incentive fee payable<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,528<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">975<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Other accrued expenses<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,483<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,417<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total liabilities<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">229,854<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">194,560<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Commitments and contingencies<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net assets<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Preferred stock, par value $0.001 per share, 1,000,000\u00a0shares authorized, zero <\/span><br \/>\n                <span class=\"prnews_span\">shares issued and outstanding as of June 30, 2021 and December 31, 2020<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Common stock, par value $0.001 per share, 100,000,000\u00a0shares authorized, <\/span><br \/>\n                <span class=\"prnews_span\">20,191,706 and 19,453,821 shares issued and 20,024,241 and 19,286,356 shares outstanding as of June 30, 2021 and December 31, 2020, respectively<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">20<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">19<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Paid-in capital in excess of par<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">282,136<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">271,287<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Distributable earnings<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(57,892)<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(58,709)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total net assets<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">224,264<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">212,597<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total liabilities and net assets<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 454,118<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0407,157<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net asset value per common share<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 11.20<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a011.02<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td colspan=\"9\" class=\"prngen28\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Horizon Technology Finance Corporation and Subsidiaries<br \/><\/b><br \/>\n                  <b>Consolidated Statements of Operations (Unaudited)<br \/><\/b><br \/>\n                  <i>\u00a0(Dollars in thousands, except share and per share data)<\/i><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" class=\"prngen29\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen29\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen28\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the Three Months Ended<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen29\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen28\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>For the Six Months Ended<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen29\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen29\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>June 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen29\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen15\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>June 30,<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen29\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen29\">\n              \n            <\/td>\n<td class=\"prngen30\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2021<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen38\">\n              \n            <\/td>\n<td class=\"prnsbts prnsbr1 prnvab prnsbbs prntac prnpl6 prnsbl1 prnpr8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen29\">\n              \n            <\/td>\n<td class=\"prngen30\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2021<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen38\">\n              \n            <\/td>\n<td class=\"prngen30\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2020<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Investment income<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Interest income on investments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Interest income on non-affiliate investments<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a012,420<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 11,918<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 24,909<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a021,312<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Interest income on affiliate investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">62<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">176<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">235<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">357<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total interest income on investments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">12,482<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">12,094<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">25,144<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">21,669<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Fee income<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Prepayment fee income on non-affiliate investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">913<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">711<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,256<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">756<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Amendment fee income on non-affiliate investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">43<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,028<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">236<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,064<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Fee income on non-affiliate investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">51<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">56<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">24<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Fee income on affiliate investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">12<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">7<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total fee income<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,007<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,742<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,560<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,851<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Dividend (expense) income<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Dividend (expense) income on controlled affiliate investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(312)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">118<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total dividend (expense) income<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(312)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">118<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total investment income<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">13,489<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">13,524<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">26,704<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">23,638<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Expenses<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Interest expense<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,954<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,561<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5,669<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4,723<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Base management fee<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,829<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,668<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3,598<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3,249<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Performance based incentive fee<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,528<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,676<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3,029<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,747<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Administrative fee<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">289<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">254<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">578<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">507<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Professional fees<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">280<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">346<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">789<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">848<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">General and administrative<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">442<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">313<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">808<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">575<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Total expenses<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">7,322<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6,818<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">14,471<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">12,649<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net investment income before excise tax<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6,167<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6,706<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">12,233<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10,989<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Provision for excise tax<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">56<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">118<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net investment income<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6,111<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6,706<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">12,115<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10,989<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net realized and unrealized (loss) gain<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n              \n            <\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Net realized gain (loss) on non-affiliate investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,492<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(701)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(3,716)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,778<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Net realized loss on controlled affiliate investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(24)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(12)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net realized gain (loss) on investments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,492<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(725)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(3,716)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,766<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Net realized loss on extinguishment of debt<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(395)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(395)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net realized and unrealized gain (loss)<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,097<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(725)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(4,111)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,766<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr60\">\n                <span class=\"prnews_span\">Net unrealized (depreciation) appreciation on non-affiliate investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">122<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2,985<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen34\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6,385<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(4,806)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Net unrealized depreciation on non-controlled affiliate investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(600)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(932)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1,639)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1,475)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr60\">\n                <span class=\"prnews_span\">Net unrealized depreciation on controlled affiliate investments<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(109)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u2014<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(258)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr60\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net unrealized (depreciation) appreciation on investments<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(478)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,944<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4,746<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(6,539)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net realized and unrealized (loss) gain<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">619<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,219<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">635<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(3,773)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net increase in net assets resulting from operations<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a06,730<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 7,925<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 12,750<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a07,216<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Net investment income per common share<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a00.31<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.40<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.62<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a00.65<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Net increase in net assets per common share<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a00.34<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.47<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.65<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a00.43<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Distributions declared per share<\/span>\n              <\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a00.30<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.30<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.60<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td nowrap=\"nowrap\" class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a00.65<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen32\">\n<p class=\"prnmr6\">\n                <span class=\"prnews_span\">Weighted average shares outstanding<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">19,834,050<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">16,943,155<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">19,601,607<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">16,829,821<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen31\">\n              \n            <\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY56072&amp;sd=2021-07-27\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/horizon-technology-finance-announces-second-quarter-2021-financial-results-301342469.html\">https:\/\/www.prnewswire.com\/news-releases\/horizon-technology-finance-announces-second-quarter-2021-financial-results-301342469.html<\/a><\/p>\n<p>SOURCE  Horizon Technology Finance Corporation<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY56072&amp;Transmission_Id=202107271615PR_NEWS_USPR_____NY56072&amp;DateId=20210727\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8211; Net Investment Income per Share of $0.31; NAV per Share of $11.20 &#8211; &#8211; Debt Portfolio Yield of 14.7% &#8211; &#8211; Declares Monthly Distributions of $0.10 per Share through December &#8211; &#8211; Grew Portfolio Quarter-over-Quarter to $404 Million &#8211; PR Newswire FARMINGTON, Conn., July 27, 2021 \/PRNewswire\/ &#8212;\u00a0Horizon Technology Finance Corporation (NASDAQ: HRZN) (&#8220;Horizon&#8221; or the &#8220;Company&#8221;), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced its financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Highlights Net investment income (&#8220;NII&#8221;) of $6.1 million, or $0.31 per share, compared to $6.7 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Horizon Technology Finance Announces Second Quarter 2021 Financial Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-518499","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Horizon Technology Finance Announces Second Quarter 2021 Financial Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Horizon Technology Finance Announces Second Quarter 2021 Financial Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"&#8211; Net Investment Income per Share of $0.31; NAV per Share of $11.20 &#8211; &#8211; Debt Portfolio Yield of 14.7% &#8211; &#8211; Declares Monthly Distributions of $0.10 per Share through December &#8211; &#8211; Grew Portfolio Quarter-over-Quarter to $404 Million &#8211; PR Newswire FARMINGTON, Conn., July 27, 2021 \/PRNewswire\/ &#8212;\u00a0Horizon Technology Finance Corporation (NASDAQ: HRZN) (&#8220;Horizon&#8221; or the &#8220;Company&#8221;), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced its financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Highlights Net investment income (&#8220;NII&#8221;) of $6.1 million, or $0.31 per share, compared to $6.7 &hellip; Continue reading &quot;Horizon Technology Finance Announces Second Quarter 2021 Financial Results&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-27T20:19:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY56072&amp;sd=2021-07-27\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"14 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/horizon-technology-finance-announces-second-quarter-2021-financial-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/horizon-technology-finance-announces-second-quarter-2021-financial-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Horizon Technology Finance Announces Second Quarter 2021 Financial Results\",\"datePublished\":\"2021-07-27T20:19:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/horizon-technology-finance-announces-second-quarter-2021-financial-results\\\/\"},\"wordCount\":2713,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/horizon-technology-finance-announces-second-quarter-2021-financial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NY56072&amp;sd=2021-07-27\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/horizon-technology-finance-announces-second-quarter-2021-financial-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/horizon-technology-finance-announces-second-quarter-2021-financial-results\\\/\",\"name\":\"Horizon Technology Finance Announces Second Quarter 2021 Financial Results - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/horizon-technology-finance-announces-second-quarter-2021-financial-results\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/horizon-technology-finance-announces-second-quarter-2021-financial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NY56072&amp;sd=2021-07-27\",\"datePublished\":\"2021-07-27T20:19:12+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/horizon-technology-finance-announces-second-quarter-2021-financial-results\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/horizon-technology-finance-announces-second-quarter-2021-financial-results\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/horizon-technology-finance-announces-second-quarter-2021-financial-results\\\/#primaryimage\",\"url\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NY56072&amp;sd=2021-07-27\",\"contentUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NY56072&amp;sd=2021-07-27\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/horizon-technology-finance-announces-second-quarter-2021-financial-results\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Horizon Technology Finance Announces Second Quarter 2021 Financial Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Horizon Technology Finance Announces Second Quarter 2021 Financial Results - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/","og_locale":"en_US","og_type":"article","og_title":"Horizon Technology Finance Announces Second Quarter 2021 Financial Results - Market Newsdesk","og_description":"&#8211; Net Investment Income per Share of $0.31; NAV per Share of $11.20 &#8211; &#8211; Debt Portfolio Yield of 14.7% &#8211; &#8211; Declares Monthly Distributions of $0.10 per Share through December &#8211; &#8211; Grew Portfolio Quarter-over-Quarter to $404 Million &#8211; PR Newswire FARMINGTON, Conn., July 27, 2021 \/PRNewswire\/ &#8212;\u00a0Horizon Technology Finance Corporation (NASDAQ: HRZN) (&#8220;Horizon&#8221; or the &#8220;Company&#8221;), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced its financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Highlights Net investment income (&#8220;NII&#8221;) of $6.1 million, or $0.31 per share, compared to $6.7 &hellip; Continue reading \"Horizon Technology Finance Announces Second Quarter 2021 Financial Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-27T20:19:12+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY56072&amp;sd=2021-07-27","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"14 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Horizon Technology Finance Announces Second Quarter 2021 Financial Results","datePublished":"2021-07-27T20:19:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/"},"wordCount":2713,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY56072&amp;sd=2021-07-27","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/","name":"Horizon Technology Finance Announces Second Quarter 2021 Financial Results - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY56072&amp;sd=2021-07-27","datePublished":"2021-07-27T20:19:12+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/#primaryimage","url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY56072&amp;sd=2021-07-27","contentUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY56072&amp;sd=2021-07-27"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/horizon-technology-finance-announces-second-quarter-2021-financial-results\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Horizon Technology Finance Announces Second Quarter 2021 Financial Results"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/518499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=518499"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/518499\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=518499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=518499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=518499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}