ࡱ> :; l \pThe Free Software Foundation B=PF0*8X@"1 Helvetica1Courier1 Courier New1 Courier New1 Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)-**_($* #,##0_);_($* (#,##0);_($* "-"_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* "-"_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* "-"??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* "-"??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)6 0%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0)                + ) , *   Ј ~~ ؈ ~~#؈ ~~ ؈ ~~<#܈ ~~4#܈ ~~8#܈ ~~7#܈ ~~"؈ ~~3#܈ ~~83ffff̙̙3f3fff3f3f33333f33 SIGNATURE&|Portfolio Summary and Investmen Portfolio Asset Quality&/Monthly Distributions Declared 7ForwardLooking Statements&=Consolidated Statements of Asse&WConsolidated Statements of Oper l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??!Portfolio Summary and InvestmenPortfolio Asset Quality!Monthly Distributions Declared ForwardLooking Statements!Consolidated Statements of Asse!Consolidated Statements of OperU } 0} } } $      'Horizon Technology Finance Corp 8-K 05/01/2018 SIGNATURE Date: May 1, 2018. &HORIZON TECHNOLOGY FINANCE CORPORATION            By:" /s/ Robert D. Pomeroy, Jr.Robert D. Pomeroy, Jr.Chief Executive Officer$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0wk;t3Z=PF0*8X> @"  l  -  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? SIGNATUREPortfolio Asset Quality!Monthly Distributions Declared ForwardLooking Statements!Consolidated Statements of Asse!Consolidated Statements of OperU } $4} $ }  } $ }  } $                                'Horizon Technology Finance Corp 8-K 05/01/20181)Portfolio Summary and Investment Activity($ in thousands)For the Three Months   Ended March 31,  ~   ~   Beginning portfolio? ~ N   ~ N   New debt investments?  ~    ~  ) !Less refinanced debt investments?  ~ F    ? !Net new debt investments?~ ʅ~ 3+Principal payments received on investments?~ v~ 6FEarly pay-offs?~ ~ V*"Accretion of debt investment fees?~ ~ !New debt investment fees?~ V~  New equity?~ ^  ?*"Proceeds from sale of investments?~ ~ )!Net realized loss on investments?~ ~ V2*Net unrealized (depreciation) appreciation~ ~ on investments?Ending portfolio?~  ~ J $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@ DocWKl{bH-!rfZ2=PF0*8X> @Z       l  .  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? SIGNATURE!Portfolio Summary and Investmen!Monthly Distributions Declared ForwardLooking Statements!Consolidated Statements of Asse!Consolidated Statements of OperU } } $ } } $ }  }  $ } } $} $ } } $ }  } $ } U} $      'Horizon Technology Finance Corp 8-K 05/01/2018Portfolio Asset Quality($ in thousands)March 31, 2018  December 31, 2017    Number of   Debt    Percentage    Number of   Debt    Percentage     Investments    Investments   of Debt    Investments    Investments   of Debt        at Fair Value    Investments        at Fair Value    Investments  Credit Rating                   4?  ~   ~ I    %@ %  ~   ~ 6$    ffffff"@ % 3?~ ^~ .   ~  :  ~ f~  fffffU@ 2?~ ~ ^N   333333&@  ~ ~ Xffffff@ 1? ? ?    ?  ~ ~ R-ffffff?Total?~ ~ *   ~    % ~ ~ Fp ~  %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2 ui]y;~V=PF0*8X> @                 l  {6  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? SIGNATURE!Portfolio Summary and InvestmenPortfolio Asset QualityForwardLooking Statements!Consolidated Statements of Asse!Consolidated Statements of OperU } } } a}       'Horizon Technology Finance Corp 8-K 05/01/2018=5Monthly Distributions Declared in Second Quarter 2018Ex-Dividend Date Record Date Payment DateAmount Per Share  June 18, 2018  June 19, 2018  July 17, 2018 ?  July 18, 2018  July 19, 2018 August 15, 2018 ? August 16, 2018 August 17, 2018 September 14, 2018 ?   Total: 333333? $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/(TcWK?{znb:=PF0*8X> @ l  =  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? SIGNATURE!Portfolio Summary and InvestmenPortfolio Asset Quality!Monthly Distributions Declared !Consolidated Statements of Asse!Consolidated Statements of OperU } $} -      'Horizon Technology Finance Corp 8-K 05/01/2018"Forward-Looking Statements Contacts:" Horizon Technology Finance- %Investor Relations and Media Contact: Daniel R. Trolio  The IGB Group Chief Financial Officer  Leon Berman (860) 674-9977 (212) 477-8438& dtrolio@horizontechfinance.com lberman@igbir.com$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*-h~rfZ9s?=PF0*8X> @ l  :QMV  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? SIGNATURE!Portfolio Summary and InvestmenPortfolio Asset Quality!Monthly Distributions Declared ForwardLooking Statements!Consolidated Statements of OperU } :} $ }  } $ }  } $ :                                 'Horizon Technology Finance Corp 8-K 05/01/201891Consolidated Statements of Assets and Liabilities March 31, December 31,  ~   ~         Assets      / 'Non-affiliate investments at fair value ~ "   ~ W  6 .(cost of $205,970 and $219,303, respectively)?1)Affiliate investments at fair value (cost~ l~ 6,$of $7,371 and $3,774, respectively)?0(Total investments at fair value (cost of~  ~ N -%$213,341 and $223,077, respectively)? Cash?~ ~  gInterest receivable?~ B~ J> Other assets?~ ~  Total assets?~ D~ J Liabilities Borrowings?~ ~ Distributions payable?~ 6~ 6$Base management fee payable?~ ~ Incentive fee payable?~ ~ vOther accrued expenses?~ >~  Total liabilities?~ ~   Net assetsD lg[OC:a'^ NtbU ! 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" # $ % & ' ( ) * + , - . / 0 1 2 3 4 7 /Net realized loss on non-affiliate investments?  ~    ~ V )!!Net realized loss on investments?!!~ !!!!~ !V!2"*Net unrealized (depreciation) appreciation""~ """"~ ""%#on non-affiliate investments?0$(Net unrealized depreciation on affiliate$$~ $ $$$ $?$% investments?2&*Net unrealized (depreciation) appreciation&&~ &&&&~ &&'on investments?/('Net realized and unrealized (loss) gain((~ ((((~ (z()on investments?1*)Net increase in net assets resulting from*~ *(**~ *9*+ operations?/,'Net investment income per common share?,,Q?,,,(\?,4-,Net increase in net assets per common share?--q= ףp?---{Gz?-).!Distributions declared per share?..333333?...333333?.,/$Weighted average shares outstanding?//~ /A///~ /V/01$2____________________________13)Created by Morningstar Document Research.04(http://documentresearch.morningstar.com/. a6 v^v_L7+=PF0*8X> @443322....----,,,,****      Root Entry FBook  r  !"#$%&'()*+,-./0123456789