Name | Value |
---|---|
Revenues | 119.0M |
Cost of Revenue | 12.2M |
Gross Profit | 106.9M |
Operating Expense | 32.1M |
Operating I/L | 74.8M |
Other Income/Expense | -20.4M |
Interest Income | 0.0M |
Pretax | 68.7M |
Income Tax Expense | -13.7M |
Net Income/Loss | 68.0M |
Hercules Capital, Inc. is a business development company specializing in providing venture debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development. They offer financing solutions for capital extension, acquisitions, and corporate expansion, focusing on technology, energy technology, sustainable and renewable technology, and life sciences sectors. The firm primarily invests in structured debt with warrants, senior debt, and equity investments, seeking to exit investments through IPOs, private sales, mergers, or acquisitions. They make money by providing financing to companies in exchange for interest payments, equity stakes, and potential returns upon exit.