Horizon Technology Finance Corp.
- HRZN · Nasdaq
- Farmington, CT
- CIK 0001487428
Updated from SEC filings through
Top things to know
Executives
-
Michael Balkin Chief Executive Officer 4, 2026-06-10 -
Daniel R. Trolio Executive VP and CFO 4, 2026-06-10 - Paul G. Seitz Chief Investment Officer 4, 2026-06-10
What leadership is saying
“We were pleased to grow our debt investment portfolio for the fourth consecutive quarter, funding nine loans totaling $98.4 million, and delivering NII which once again covered our regular distributions”
Earnings press release (8-K Ex. 99.1), filed November 5, 2026
Horizon Technology Finance Corp is a U.S. public company, headquartered in Farmington, CT. It trades as HRZN on Nasdaq. Michael Balkin is Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | Not on file | Not on file | Not on file | Not on file | Not on file |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | $1.9M 10-K, 2026-03-03 | $1.9M 10-K, 2026-03-03 | $1.8M 10-K, 2026-03-03 | $1.5M 10-K, 2025-03-04 | $1.5M 10-K, 2024-02-27 |
| Net income | -$2.7M 10-K, 2026-03-03 | -$5.6M 10-K, 2026-03-03 | -$17.2M 10-K, 2026-03-03 | $21.2M 10-K, 2025-03-04 | $27.8M 10-K, 2024-02-27 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Michael Balkin CEO | Chief Executive Officer | 4, 2026-06-10 |
| Daniel R. Trolio Executive Vice President and Chief Financial Officer at Horizon Technology Finance | Executive VP and CFO | 4, 2026-06-10 |
| Paul G. Seitz Chief Investment Officer at Horizon Technology Finance | Chief Investment Officer | 4, 2026-06-10 |
What Horizon Technology Finance Corp does
We are a specialty finance company that lends to and invests in development-stage companies in the technology, life science, healthcare information and services and sustainability industries, which we refer to as our “Target Industries.” Our investment objective is to maximize our investment portfolio’s total return by generating current income from the debt investments we make and capital appreciation from the warrants we receive when making such debt investments.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 65.1 million (as of November 5, 2026) | 10-Q, November 5, 2026 |
|---|---|---|
| Public float | $300M (as of June 30, 2025) | 10-K/A, April 30, 2026 |
| Latest proxy statement | Meeting June 26, 2026 (filed May 14, 2026) | DEF 14A, May 14, 2026 |
| Auditor | Rsm Us LLP (Hartford, Connecticut) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| June 10, 2026 | Daniel R. Trolio Executive VP and CFO | Buy | 11,500 | $50K | Form 4, June 10, 2026 |
| June 9, 2026 | Kimberley Ann O'Connor Director | Buy | 10,000 | $44K | Form 4, June 11, 2026 |
| June 9, 2026 | Jonathan Joseph Goodman Director | Buy | 6,000 | $26K | Form 4, June 10, 2026 |
| June 9, 2026 | Paul G. Seitz Chief Investment Officer | Buy | 11,477 | $50K | Form 4, June 10, 2026 |
| June 9, 2026 | Michael Balkin Chief Executive Officer | Buy | 100,000 | $434K | Form 4, June 10, 2026 |
| June 9, 2026 | Thomas J. Allison Director | Buy | 6,000 | $26K | Form 4, June 10, 2026 |
Recent 8-K events
- 8-K filed 2026-11-05
- Item 8.01 Other events
- 8-K filed 2026-11-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-09
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2026-08-04
- Item 8.01 Other events
- 8-K filed 2026-08-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-26
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-14
- Item 4.01 Changes in registrant's certifying accountant
- 8-K filed 2026-05-05
- Item 8.01 Other events
- 8-K filed 2026-05-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-14
- Item 1.01 Entry into a material definitive agreement
- Item 2.01 Completion of acquisition or disposition of assets
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
Frequently asked questions about Horizon Technology Finance Corp
- What does Horizon Technology Finance Corp do?
- In its own words, from Item 1 of its 10-K: "We are a specialty finance company that lends to and invests in development-stage companies in the technology, life science, healthcare information and services and sustainability industries, which we refer to as our “Target Industries.” Our investment objective is to maximize our investment portfolio’s total return by generating current income from the debt investments we make and capital appreciation from the warrants we receive when making such debt investments."
- Who is the CEO of Horizon Technology Finance Corp?
- Michael Balkin, Chief Executive Officer, as named in a 4 filed June 10, 2026.
- Who is the CFO of Horizon Technology Finance Corp?
- Daniel R. Trolio, Executive VP and CFO, as named in a 4 filed June 10, 2026.
- Where is Horizon Technology Finance Corp headquartered?
- Farmington, CT.
- What is Horizon Technology Finance Corp's stock ticker?
- HRZN, HTFC on Nasdaq.
- What is Horizon Technology Finance Corp's website?
- horizontechfinance.com.
- When does Horizon Technology Finance Corp report earnings next?
- February 2, 2027. Source: estimate_8k_pattern.
- Is Horizon Technology Finance Corp a public company?
- Yes. Horizon Technology Finance Corp files with the SEC under CIK 0001487428 and trades as HRZN.
- Who audits Horizon Technology Finance Corp?
- Rsm Us LLP, Hartford, Connecticut, as named in its latest annual report (10-K).
- How many shares of Horizon Technology Finance Corp are outstanding?
- 65.1 million shares as of November 5, 2026, from its 10-Q filed November 5, 2026.
- What is Horizon Technology Finance Corp's public float?
- $300M as of June 30, 2025, as reported on the cover of its 10-K/A filed April 30, 2026.
- When is Horizon Technology Finance Corp's annual shareholder meeting?
- June 26, 2026, per its proxy statement (DEF 14A) filed May 14, 2026.
- Have Horizon Technology Finance Corp insiders traded stock recently?
- Since June 9, 2026, officers and directors reported 0 open-market sales and 6 purchases worth about $630K on Forms 4 and 5. The most recent: Daniel R. Trolio (Executive VP and CFO) bought 11,500 shares on June 10, 2026.