Horizon Technology Finance Corp
NASDAQ:HRZN
Income Statement
Earnings Waterfall
Horizon Technology Finance Corp
Revenue
|
35m
USD
|
Cost of Revenue
|
-48.7m
USD
|
Gross Profit
|
-13.7m
USD
|
Operating Expenses
|
-1.8m
USD
|
Operating Income
|
-15.5m
USD
|
Other Expenses
|
-1.6m
USD
|
Net Income
|
-17.2m
USD
|
Income Statement
Horizon Technology Finance Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
24
N/A
|
26
+11%
|
29
+11%
|
30
+1%
|
36
+21%
|
34
-6%
|
30
-11%
|
29
-5%
|
29
N/A
|
27
-6%
|
26
-4%
|
16
-40%
|
11
-30%
|
12
+9%
|
11
-5%
|
19
+72%
|
23
+19%
|
22
-3%
|
25
+14%
|
28
+12%
|
30
+6%
|
32
+5%
|
35
+10%
|
37
+6%
|
42
+14%
|
39
-7%
|
44
+12%
|
36
-17%
|
32
-13%
|
40
+26%
|
40
-1%
|
57
+45%
|
60
+5%
|
59
-2%
|
62
+5%
|
59
-5%
|
64
+9%
|
72
+13%
|
67
-7%
|
49
-27%
|
35
-28%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(19)
|
(20)
|
(22)
|
(21)
|
(19)
|
(19)
|
(16)
|
(16)
|
(16)
|
(17)
|
(18)
|
(17)
|
(15)
|
(14)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(15)
|
(16)
|
(17)
|
(19)
|
(20)
|
(21)
|
(22)
|
(23)
|
(24)
|
(24)
|
(25)
|
(25)
|
(27)
|
(30)
|
(31)
|
(34)
|
(38)
|
(41)
|
(47)
|
(49)
|
(49)
|
(49)
|
|
Gross Profit |
5
N/A
|
7
+44%
|
8
+17%
|
9
+10%
|
17
+95%
|
15
-9%
|
15
-5%
|
13
-10%
|
13
-4%
|
10
-20%
|
8
-19%
|
(1)
N/A
|
(4)
-337%
|
(2)
+54%
|
(1)
+46%
|
7
N/A
|
10
+40%
|
9
-10%
|
12
+23%
|
13
+14%
|
14
+7%
|
14
+3%
|
16
+11%
|
17
+6%
|
21
+21%
|
17
-18%
|
20
+20%
|
12
-41%
|
8
-36%
|
15
+89%
|
14
-4%
|
30
+115%
|
30
0%
|
28
-8%
|
28
+2%
|
21
-24%
|
23
+9%
|
25
+8%
|
18
-28%
|
0
-99%
|
(14)
N/A
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Selling, General & Administrative |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Operating Income |
4
N/A
|
6
+53%
|
7
+19%
|
8
+12%
|
16
+103%
|
14
-9%
|
14
-5%
|
12
-11%
|
12
-5%
|
9
-21%
|
7
-20%
|
(2)
N/A
|
(5)
-167%
|
(3)
+45%
|
(2)
+32%
|
7
N/A
|
10
+46%
|
8
-11%
|
11
+26%
|
12
+15%
|
13
+7%
|
13
+3%
|
15
+12%
|
16
+6%
|
20
+23%
|
16
-19%
|
19
+21%
|
11
-44%
|
7
-40%
|
13
+103%
|
13
-6%
|
29
+127%
|
29
0%
|
26
-10%
|
27
+4%
|
20
-25%
|
22
+10%
|
24
+9%
|
16
-31%
|
(2)
N/A
|
(16)
-903%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
4
N/A
|
6
+58%
|
7
+21%
|
8
+12%
|
16
+94%
|
14
-8%
|
14
-5%
|
12
-9%
|
12
-3%
|
9
-21%
|
7
-20%
|
(2)
N/A
|
(5)
-189%
|
(3)
+45%
|
(2)
+32%
|
7
N/A
|
10
+47%
|
9
-11%
|
11
+26%
|
12
+14%
|
13
+6%
|
13
+3%
|
15
+12%
|
16
+6%
|
20
+23%
|
16
-19%
|
19
+21%
|
11
-44%
|
7
-40%
|
13
+103%
|
12
-9%
|
28
+131%
|
28
0%
|
26
-9%
|
27
+4%
|
20
-25%
|
22
+10%
|
24
+9%
|
16
-31%
|
(2)
N/A
|
(16)
-913%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
4
|
6
|
7
|
8
|
15
|
14
|
13
|
12
|
12
|
9
|
8
|
(2)
|
(5)
|
(3)
|
(2)
|
7
|
10
|
9
|
11
|
12
|
13
|
13
|
15
|
16
|
20
|
16
|
19
|
11
|
6
|
13
|
12
|
28
|
28
|
25
|
26
|
19
|
21
|
23
|
15
|
(3)
|
(17)
|
|
Net Income (Common) |
4
N/A
|
6
+61%
|
7
+23%
|
8
+13%
|
15
+97%
|
14
-8%
|
13
-5%
|
12
-9%
|
12
-3%
|
9
-21%
|
8
-19%
|
(2)
N/A
|
(5)
-209%
|
(3)
+46%
|
(2)
+30%
|
7
N/A
|
10
+48%
|
9
-11%
|
11
+26%
|
12
+14%
|
13
+6%
|
13
+3%
|
15
+12%
|
16
+6%
|
20
+22%
|
16
-19%
|
19
+21%
|
11
-44%
|
6
-41%
|
13
+106%
|
12
-9%
|
28
+135%
|
28
-1%
|
25
-9%
|
26
+4%
|
19
-26%
|
21
+9%
|
23
+8%
|
15
-33%
|
(3)
N/A
|
(17)
-587%
|
|
EPS (Diluted) |
0.37
N/A
|
0.59
+59%
|
0.72
+22%
|
0.8
+11%
|
1.6
+100%
|
1.45
-9%
|
1.03
-29%
|
1.05
+2%
|
1.06
+1%
|
0.81
-24%
|
0.64
-21%
|
-0.15
N/A
|
-0.43
-187%
|
-0.23
+47%
|
-0.16
+30%
|
0.57
N/A
|
0.83
+46%
|
0.75
-10%
|
0.94
+25%
|
1.07
+14%
|
1.13
+6%
|
1.16
+3%
|
1.11
-4%
|
1.15
+4%
|
1.45
+26%
|
0.94
-35%
|
1.13
+20%
|
0.62
-45%
|
0.36
-42%
|
0.67
+86%
|
0.59
-12%
|
1.37
+132%
|
1.39
+1%
|
1.15
-17%
|
1.07
-7%
|
0.75
-30%
|
0.86
+15%
|
0.81
-6%
|
0.52
-36%
|
-0.07
N/A
|
-0.56
-700%
|