Company: SWKH
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001628280-25-040420
Chunk: 18

Company: SWK Holdings Corp
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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June 30,2025December 31,2024Assets:Current assets:Cash and cash equivalents$8,006 $5,927 Interest, accounts receivable and other receivables, net5,611 5,788 Assets held for sale, net (Note 4)6,488 6,398 Other current assets1,088 2,141 Total current assets21,193 20,254 Finance receivables, net of allowance for credit losses of $8,826 and $11,249 as of June 30, 2025 and December 31, 2024, respectively237,604 277,760 Collateral on foreign currency forward contract— 2,750 Marketable investments603 580 Deferred tax assets, net21,219 23,484 Warrant assets4,612 4,366 Other non-current assets466 3,041 Total assets$285,697 $332,235 Liabilities and Stockholders' Equity:Current liabilities:Accounts payable and accrued liabilities$2,101 $2,810 Liabilities held for sale (Note 4)1,278 1,255 Deferred income3,300 1,500 Total current liabilities6,679 5,565 Unsecured senior notes, net31,736 31,412 Revolving credit facility294 6,233 Other non-current liabilities519 335 Total liabilities39,228 43,545 Commitments and contingencies (Note 7)Stockholders’ equity:Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding— — Common stock, $0.001 par value; 250,000,000 shares authorized; 12,183,906 and 12,213,599 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively12 12 Additional paid-in capital4,418,773 4,419,991 Accumulated deficit(4,172,316)(4,131,313)Total stockholders' equity246,469 288,690 Total liabilities and stockholders' equity$285,697 $332,235 

 See accompanying notes to the unaudited condensed consolidated financial statements.

1

SWK HOLDINGS CORPORATION

UNAUDITED CONDENSED CONSOLIDATED