Company: SWKH
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050155
Chunk: 15

Company: SWK Holdings Corp
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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 to net cash provided by operating activities:Provision (benefit) for credit losses(1,635)10,777 Loss on sale of assets82 — Loss on impairment of intangible assets209 5,771 Right-of-use amortization and cease use costs143 339 Amortization of debt issuance costs850 775 Deferred income taxes, net4,156 2,100 Unrealized net gain on warrants(2,563)(178)Loss on disposal of inventory314 — Net gain from exercise and cancellation of warrants— (444)Gain on sale of business(1,476)— Change in fair value of acquisition-related contingent consideration— (4,900)Loss (gain) on revaluation of finance receivables3,727 (2,495)Foreign currency transaction gains(639)(678)Loss on marketable investments314 168 Loan discount amortization and fee accretion(5,961)(2,461)Interest paid-in-kind(1,582)(1,359)Stock-based compensation894 708 Depreciation and amortization expense40 1,169 Changes in operating assets and liabilities:Interest, accounts receivable and other receivables207 (1,691)Foreign currency forward contract915 219 Collateral returned for foreign currency forward contract2,750 — Other assets1,274 30 Accounts payable, accrued expenses, and other non-current liabilities(387)(1,406)Deferred income(1,500)2,100 Net cash provided by operating activities16,987 16,160 

5

SWK HOLDINGS CORPORATIONUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (continued)(in thousands)

Nine Months EndedSeptember 30,20252024Cash flows from investing activities:Proceeds from sale of property and equipment110 — Settlement of foreign currency forward contract1,560 — Proceeds from sale of assets and liabilities held for sale6,790 — Sale of marketable investments— 574 Investment in finance receivables(28,500)(17,736)Proceeds from sale of finance receivables31,678 — Repayment of finance receivables34,651 30,582 Corporate debt securities principal payments23 20 Purchases of property and equipment(512)(50)Net cash provided by investing activities45,800 13,