Core Viewpoint - Firsthand Technology Value Fund, Inc. reported its financial results for the quarter ended June 30, 2025, highlighting a decrease in net assets and investment performance challenges [1][5]. Financial Summary - As of June 30, 2025, the Fund's net assets were approximately $0.7 million, or $0.11 per share, down from approximately $0.8 million, or $0.12 per share as of March 31, 2025 [2]. - The Fund's portfolio included public and private securities valued at approximately $0.7 million, or $0.10 per share, with about $0.07 per share in cash and cash equivalents [2]. - Total assets were reported at $1.17 million, with total liabilities of $0.42 million, resulting in net assets of $0.75 million [3]. Investment Performance - For the quarter, the Fund reported total investment income of approximately $171 thousand, but after fees and expenses, it faced a net investment loss of approximately $63 thousand [5]. - The Fund experienced net realized and unrealized losses on investments of approximately $27 thousand for the quarter [5]. Portfolio Management - The Valuation Committee adjusted the fair values of private companies in the portfolio, considering various factors such as performance, recent transactions, and market multiples [4]. - The Fund continued to manage its portfolio prudently, collaborating with portfolio companies to enhance performance and identify potential exit opportunities [6]. Company Overview - Firsthand Technology Value Fund, Inc. is a publicly traded venture capital fund focused on technology and cleantech investments, aiming for long-term capital growth [7][8].