Company: SWKH
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001628280-25-040420
Chunk: 44

Company: SWK Holdings Corp
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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 $1.7 million, respectively, due to changes in fair value related to its foreign currency forward contract.The following table presents financial assets measured at fair value on a recurring basis as of June 30, 2025 (in thousands):Total  Carrying Value in  Consolidated  Balance SheetsQuoted Prices  in Active  Markets for  Identical Assets  or Liabilities  (Level 1)Significant  Other  Observable  Inputs  (Level 2)Significant  Unobservable  Inputs  (Level 3)Financial AssetsWarrant assets$4,612 $— $— $4,612 Marketable investments603 597 — 6 The following table presents financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2024 (in thousands):Total Carrying  Value in  Consolidated  Balance  SheetsQuoted Prices  in Active  Markets for  Identical Assets  or Liabilities  (Level 1)Significant  Other  Observable  Inputs  (Level 2)Significant  Unobservable  Inputs  (Level 3)Financial AssetsWarrant assets$4,366 $— $— $4,366 Marketable investments580 559 — 21 Foreign currency forward contract2,475 — — 2,475 The changes in fair value of the warrant assets during were as follows (in thousands):Six Months Ended June 30, 2025Six Months Ended June 30, 2024Fair value - December 31, 2024$4,366 Fair value - December 31, 2023$1,759 Issued253 Issued— Exercised— Exercised(984)Change in fair value(77)Change in fair value130 Gain on foreign currency transactions70 Loss on foreign currency transactions(70)Fair value - June 30, 2025$4,612 Fair value - June 30, 2024$835 

21

The Company holds warrants issued to the Company in conjunction with certain term loan investments. These warrants meet the definition of a derivative and are included in the unaudited condensed consolidated balance sheets. The fair values for warrants outstanding, which do not have a readily determinable value, are measured using the Black-Scholes option pricing model. The following ranges of assumptions were used in the models to determine fair value:June 30