Name | Value |
---|---|
Revenues | 129.7M |
Cost of Revenue | 2.6M |
Gross Profit | 127.1M |
Operating Expense | 18.6M |
Operating I/L | 108.6M |
Other Income/Expense | -8.9M |
Interest Income | 115.8M |
Pretax | 91.0M |
Income Tax Expense | 1.0M |
Net Income/Loss | 91.0M |
Hercules Capital, Inc. provides venture debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development. The firm offers financing solutions for acquisitions, recapitalizations, and refinancing, as well as asset-based financing, bridge financing, and strategic and intellectual property acquisition financings. It primarily invests in technology, energy technology, sustainable and renewable technology, and life sciences sectors, focusing on structured debt with warrants, senior debt, and equity investments. The company seeks to exit its investments through IPOs, private sales, mergers, or acquisitions. Hercules Capital, Inc. also co-invests with other private equity firms.