Firsthand Technology Value Fund Financial Overview
Firsthand Technology Value Fund, Inc. (OTCQB: SVVC), a publicly trading venture capital fund focused on technology and cleantech investments, has provided an update on its financial performance for the recent quarter. As of the end of September, the Fund reported net assets amounting to $296,547, translating to $0.04 per share. This reflects a decrease from the previous figures that indicated approximately $0.7 million, or $0.11 per share, as of the prior quarter.
Asset and Portfolio Valuation
In terms of its portfolio, as at September 30, 2025, the Fund's public and private securities were valued at $256,934, which includes around $0.01 per share in cash and cash equivalents. The breakdown of the primary assets can be summarized as follows:
Detailed Portfolio Summary
The Fund’s assets include a range of equity and debt investments alongside available cash. The latest valuation suggests:
- Equity/Debt Investments: Valued at $197,925, equating to $0.03 per share.
- Cash/Cash Equivalents: Totaling $59,009, or $0.01 per share.
- Other Assets: An impressive $554,448 valued at $0.08 per share.
- Total Assets: Comprising $811,382, equating to $0.12 per share.
- Total Liabilities: Standing at $514,835, or $0.07 per share, leading to net assets of $296,547, which is $0.04 per share.
It is essential to acknowledge that figures may not add up precisely due to rounding, and the total shares outstanding number 6,893,056.
Investment Income and Losses
During this quarter, the Fund reported a modest investment income of $2,314. After accounting for various fees and expenses, a net investment loss of $430,629 was noted. Additionally, there were net realized and unrealized losses recorded at $20,083 during this period.
Strategic Management Initiatives
Throughout the quarter, the Fund has remained committed to prudent management strategies. This involves close collaboration with portfolio companies and their leadership teams to enhance operational performance and explore potential exit strategies. Such engagement aims to align the companies' growth trajectories with the Fund's objectives.
About Firsthand Technology Value Fund
Firsthand Technology Value Fund, Inc. is dedicated to making strategic investments in the technology and cleantech sectors. Information about its operations and portfolio holdings can be accessed on their official website.
Frequently Asked Questions
What is Firsthand Technology Value Fund?
Firsthand Technology Value Fund, Inc. is a publicly traded venture capital fund focused on investing in technology and cleantech companies.
What were the Fund's net assets as of September 30, 2025?
The Fund reported net assets of $296,547, which corresponds to $0.04 per share.
How does the Fund evaluate its portfolio?
The Fund's Valuation Committee, along with an independent firm, assesses portfolio companies periodically, considering various performance metrics and market conditions.
What was the Fund's net investment loss last quarter?
The Fund experienced a net investment loss of $430,629 for the quarter ending September 30, 2025.
Where can I find more information about the Fund's holdings?
More detailed information regarding the Fund and its holdings can be found on their official website.
