FIRSTHAND TEC VAL FUND (SVVC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SVVC SEC filings page.
This page shows FIRSTHAND TEC VAL FUND (SVVC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The dominant mechanic is rapid balance-sheet contraction, with accounting losses persisting as liabilities overtake the remaining asset base.
Total assets fell from$8.8M in FY2023 to$270K in FY2025. Because FY2025 liabilities were$505K , the contraction erased the remaining equity cushion and left equity negative. The smaller FY2024 loss did not restore capital: equity was$1.1M then, before turning negative in FY2025.
The earnings pattern is not a cash-consumption pattern: FY2025’s net loss was
Debt-to-equity moved from
Financial Health Signals
FIRSTHAND TEC VAL FUND does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
FIRSTHAND TEC VAL FUND passes 2 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 1 leverage/liquidity signals pass.
FIRSTHAND TEC VAL FUND reported a net loss of $1.3M while operations used $3K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
FIRSTHAND TEC VAL FUND reported -$3K in net income in Q2 2026. This represents an increase of 96.6% from the same quarter a year earlier. Against the prior quarter it is up 98.6%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
SVVC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, EPS (Diluted), Diluted Shares (Avg).
SVVC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $149K-87.3% | $186K-87.5% | $270K-85.0% | $811K-63.3% | $1.2M-79.5% | $1.5M-68.6% | $1.8M-79.6% | $2.2M-72.8% |
| Total Liabilities | $596K+41.9% | $631K-3.7% | $505K-31.2% | $515K-23.1% | $420K-91.0% | $654K-85.7% | $735K-90.3% | $670K-91.0% |
| Total Equity | -$447K-159.8% | -$444K-153.0% | -$235K-122.2% | $297K-80.8% | $747K-26.6% | $837K+398.6% | $1.1M-15.8% | $1.5M+126.8% |
| Retained Earnings | -$177.2M-0.7% | -$177.2M-0.7% | -$177.0M-0.7% | -$176.5M-0.7% | -$176.0M-0.2% | -$175.9M+0.4% | -$175.7M-0.1% | -$175.2M+0.5% |
Not reported in any period shown, so not listed: Current Assets, Cash & Equivalents, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
SVVC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.
SVVC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | N/A | N/A | N/A | -152.0%-186.1pp | -12.0%-95.5pp | -26.7%+623.9pp | N/A | 34.1%+1564.6pp |
| Return on Assets | -2.0%+5.7pp | -112.0%-97.1pp | N/A | -55.5%-79.3pp | -7.7%-22.6pp | -15.0%+8.0pp | N/A | 23.8%+151.8pp |
| Debt-to-Equity | N/A | N/A | N/A | 1.74+1.3x | 0.56-4.0x | 0.78-26.5x | 0.69-5.3x | 0.43-10.5x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$235K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Where FIRSTHAND TEC VAL FUND Ranks
Frequently Asked Questions
Is FIRSTHAND TEC VAL FUND profitable?
No, FIRSTHAND TEC VAL FUND (SVVC) reported a net income of -$1.3M in fiscal year 2025.
What is FIRSTHAND TEC VAL FUND's operating cash flow?
FIRSTHAND TEC VAL FUND (SVVC) recorded an outflow of $3K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are FIRSTHAND TEC VAL FUND's total assets?
FIRSTHAND TEC VAL FUND (SVVC) had $270K in total assets as of fiscal year 2025, including both current and long-term assets.
What is FIRSTHAND TEC VAL FUND's return on assets (ROA)?
FIRSTHAND TEC VAL FUND (SVVC) had a return on assets of -479.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is FIRSTHAND TEC VAL FUND's P/E ratio?
FIRSTHAND TEC VAL FUND (SVVC) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $48K as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is FIRSTHAND TEC VAL FUND's price-to-sales ratio?
FIRSTHAND TEC VAL FUND (SVVC) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $48K as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is FIRSTHAND TEC VAL FUND's debt-to-equity ratio negative or not reported?
FIRSTHAND TEC VAL FUND (SVVC) has negative shareholder equity of -$235K as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is FIRSTHAND TEC VAL FUND's Piotroski F-Score?
FIRSTHAND TEC VAL FUND (SVVC) has a Piotroski F-Score of 2 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are FIRSTHAND TEC VAL FUND's earnings high quality?
FIRSTHAND TEC VAL FUND (SVVC) reported a net loss of $1.3M while operations used $3K of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.