Company: SWKH
Filing Date: 2025-04-29
Form Type: ANNLRPT
Source: 0001628280-25-020720
Chunk: 56

Company: SWK Holdings Corp
Filing Date: 2025-04-29
Form: ANNLRPT
Chunk 56
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 (ii) testing the completeness and accuracy of the underlying data used in the estimate; and (iii) evaluating management’s assumptions used to estimate future cash flows. Evaluating management’s assumptions used to estimate future cash flows for reasonableness involved (i) considering historical cash flows from the Company’s finance receivable portfolio; (ii) comparing prior period estimates to actual results of the same period; (iii) publicly available information which supports or is to the contrary of the estimated future cash flows and; (iv) determining whether the estimated cash flows used were consistent with evidence obtained in other areas of the audit.

/s/ BPM LLP

We have served as the Company’s auditor since 2006.

San Francisco, California

March 20, 2025

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### SWK HOLDINGS CORPORATION

### CONSOLIDATED BALANCE SHEETS
<div align='center'>(In thousands, except share data)</div>

|                                                                                                                                                                                    |     | Year Ended December 31, |       2024 |     |   |       2023 |
|:-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:------------------------|-----------:|:----|:--|-----------:|
| Assets                                                                                                                                                                             |     |                         |            |     |   |            |
| Current assets:                                                                                                                                                                    |     |                         |            |     |   |            |
| Cash and cash equivalents                                                                                                                                                          |     | $                       |      5,927 |     | $ |      4,503 |
| Restricted cash                                                                                                                                                                    |     |                         |          — |     |   |        733 |
| Interest, accounts receivable, and other receivables, net                                                                                                                          |     |                         |      5,788 |     |   |      4,729 |
| Assets held for sale, net (Note 7)                                                                                                                                                 |     |                         |      6,398 |     |   |          — |
| Other current assets                                                                                                                                                               |     |                         |      2,141 |     |   |      1,904 |
| Total current assets                                                                                                                                                               |     |                         |     20,254 |     |   |     11,869 |
| Finance receivables, net of allowance for credit losses of $11,249 and $13,901 as of December 31, 2024 and December 31, 2023, respectively                                         |     |                         |    277,760 |     |   |