Company: SWKH
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001628280-25-013989
Chunk: 113

Company: SWK Holdings Corp
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1B
Chunk 113
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 loan, BIOLASE, that was deemed to be impaired based on reductions in carrying value. As of December 31, 2023, the Company had one royalty, Best, that was deemed to be impaired based on reductions in carrying value. The following table presents these royalty and the loans measured at amortized cost using the effective interest method, which approximates fair value, on a nonrecurring basis (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)December 31, 2024$14,830 $— $— $14,830 December 31, 2023$2,587 $— $— $2,587  There were no liabilities measured at fair value on a nonrecurring basis as of December 31, 2024 or 2023.The following information is provided to help readers gain an understanding of the relationship between amounts reported in the accompanying consolidated financial statements and the related market or fair value. The disclosures include financial instruments and derivative financial instruments measured at fair value on a recurring and non-recurring basis.The following table presents the fair value of financial assets as of December 31, 2024 (in thousands):Carrying ValueFair ValueLevel 1Level 2Level 3Financial AssetsFinance receivables, net$277,760 $277,760 $— $— $277,760 Marketable investments580 580 559 — 21 Warrant assets4,366 4,366 — — 4,366 Foreign currency forward contract2,475 2,475 — — 2,475 

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The following table presents the fair value of financial assets and liabilities as of year ended December 31, 2023 (in thousands):Carrying ValueFair ValueLevel 1Level 2Level 3Financial AssetsFinance receivables, net$274,504 $274,504 $— $— $274,504 Marketable investments48 48 — — 48 Warrant assets1,759 1,759 — — 1,759 Foreign currency forward contract974 974 — — 974