<span item_type="fundamental" item_id="677ba7f491a6112e19e70e5b62bf187d" counter_id="ST/US/SVVC" env="prod"></span><span item_type="announcement" item_id="582814327517940609" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 2.314 K.</p><p>EPS: As of FY2025 Q3, the actual value is USD -0.07.</p><p>EBIT: As of FY2025 Q3, the actual value is USD -432.94 K.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Investment Income</strong>: For the three months ended September 30, 2025, investment income was $2,314, primarily from interest accrued on money market funds. For the nine months ended September 30, 2025, investment income was $179,140, mainly from interest on convertible/term note investments with Hera Systems.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1495584/000143774925035241/sccv20250930_10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Investment Income/(Loss)</strong>: The net investment loss before taxes was - $430,629 for the three months ended September 30, 2025, and - $607,021 for the nine months ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1495584/000143774925035241/sccv20250930_10q.htm"></span></li><li><strong>Operating Expenses</strong>: Operating expenses were $432,943 for the three months ended September 30, 2025, and $786,161 for the nine months ended September 30, 2025. Significant components included professional fees and administration fees.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1495584/000143774925035241/sccv20250930_10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Provided by Operating Activities</strong>: For the nine months ended September 30, 2025, net cash provided by operating activities was $173.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1495584/000143774925035241/sccv20250930_10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Net Realized and Unrealized Gains/(Losses)</strong>: For the nine months ended September 30, 2025, net realized losses were - $24,169,015, and net unrealized depreciation decreased by $24,011,904.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1495584/000143774925035241/sccv20250930_10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company aims to invest at least 80% of its net assets in technology companies, focusing on long-term growth of capital through equity and equity-related investments. The portfolio is primarily composed of equity and equity derivative securities of technology and cleantech companies.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1495584/000143774925035241/sccv20250930_10q.htm"></span></li><li><strong>Non-Core Business</strong>: The company may invest up to 30% of the portfolio in opportunistic investments, including securities of public companies that are actively traded or in actively traded derivative securities.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1495584/000143774925035241/sccv20250930_10q.htm"></span></li></ul>

Firsthand Tech Value Fd | 10-Q: FY2025 Q3 Revenue: USD 2.314 K