HRZN — Stock Film
STOCK FILMSCENE 1/10HRZN · $4.90
Stock Expert AI presents
HRZN
Horizon Technology Finance Corporation
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Horizon Technology Finance Corporation. What it actually does.

Provide secured debt financing to venture capital-backed companies. Offer venture lending solutions to development-stage businesses. Now — the numbers.

on the stock market since 2010
$245.4M market value
Revenue last year:
$40M
The loss that same year:
$2.7M
For every $1 it earns, the company spends $1.1.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

In the vault right now:
$105.5M
DEBT: $473.0M
At this pace, that money lasts about 39.7 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

THE PRICE TAG
MARKET VALUE / ANNUAL SALES
6.1×

This company is not turning a profit, so the market is pricing its sales instead: 6.1× for every dollar of annual revenue.

Against companies in its own sector, it looks cheaper than 98% of them.

Analysts' average target sits 2% above today's price.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
88
very strong

Profit power and business quality lead the class.

FINANCIAL STRENGTH
41
weak

For a bank, strength is measured by capital buffers and reserves — not cash minus debt.

VALUATION
98
very strong

The price looks reasonable next to what the company earns.

GROWTH
38
weak

Clearly below the class average.

PRICE MOMENTUM
22
very weak

Clearly below the class average.

WORTH WATCHING

Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.

Growth: Sales growth trails the sector average.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 74% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/3
Sales are holding up

The company sells $40.0M a year; the problem isn’t sales — it’s costs running above that number.

2
THE BRIGHT SIDE · 2/3
Executives are buying their own stock

Over the last 12 months, company executives reported 16 buys and 0 sells. Management buying with its own money is usually read as a good sign.

3
THE BRIGHT SIDE · 3/3
Pays a steady dividend

It pays out $1.11 per share each year — regular cash for whoever holds the stock.

1
THE RISKS · 1/3
Running at a loss

A loss of $2.7M against $40.0M in annual sales.

2
THE RISKS · 2/3
The stock has lost its spark

Buyers haven’t stepped back in yet; the price hasn’t found its footing. Report-card grade: 22/100. For a turnaround signal, the stock first needs to close the gap with the market.

3
THE RISKS · 3/3
Growth trails the sector

The growth engine is running at low revs right now. Report-card grade: 38/100.

FINALE · THE GRADE
A
75 / 100 · MoonshotScore

On our five-subject report card, HRZN sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.

The takeaway: HRZN’s sales are going backwards, and it closed last year at a loss. The road back runs through both.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 12, 2026 · stockexpertai.com · Stock Film