Company: SWKH
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001628280-25-013989
Chunk: 178

Company: SWK Holdings Corp
Filing Date: 2025-03-20
Form: 10-K
Item: Item 8
Chunk 178
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 scale of Green to Red, with Green typically indicative of a Royalty that is exceeding base underwritten case, Yellow indicates a Royalty performing in-line with underwritten plan, and Red reflective of underperformance relative to plan. Royalties rated as Red are generally classified as non-accrual.

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The following table summarizes the carrying value of Finance Receivables by origination year, grouped by risk rating as of December 31, 2024 and December 31, 2023 (in thousands):December 31, 2024202420232022202120202019PriorTotalTerm Loans5$— $— $— $16,378 $— $28,926 $— $45,304 47,929 36,406 55,353 — — — — 99,688 3— 24,920 — 11,930 — 26,482 — 63,332 2— — — 14,749 — — — 14,749 1— — — — — — 1,000 1,000 Subtotal - Term Loans$7,929 $61,326 $55,353 $43,057 $— $55,408 $1,000 $224,073 RoyaltiesGreen $8,005 $11,685 $11,231 $— $15,865 $— $1,267 $48,053 Yellow— — — — 3,053 — — 3,053 Red— — — 3,050 8,433 — 2,347 13,830 Subtotal - Royalties$8,005 $11,685 $11,231 $3,050 $27,351 $— $3,614 $64,936 Total Finance Receivables, gross$15,934 $73,011 $66,584 $46,107 $27,351 $55,408 $4,614 $289,009 December 31, 202320232022202120202019PriorTotalTerm Loans5$— $— $13,734 $— $5,696 $— $19,430 425,799