Company: SWKH
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0001628280-25-013989
Chunk: 73

Company: SWK Holdings Corp
Filing Date: 2025-03-20
Form: 10-K
Item: Item 1B
Chunk 73
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$1.09 $1.26 Diluted$1.08 $1.25 Weighted average shares outstandingBasic 12,369 12,653 Diluted12,451 12,696 

See accompanying notes to the consolidated financial statements.

35

SWK HOLDINGS CORPORATION

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(In thousands, except share data)

Common StockAdditional Paid-In CapitalAccumulated DeficitTotal Stockholders' EquitySharesAmountBalances at December 31, 202212,843,157 $12 $4,430,922 $(4,151,005)$279,929 Stock-based compensation— — 509 — 509 Issuance of restricted common stock29,978 — — — — Effect of adoption of ASU 2016-13— — — (9,683)(9,683)Stock options exercised, net461 — — — — Repurchases of common stock in open market(375,826)— (6,327)— (6,327)Net income— — — 15,887 15,887 Balances at December 31, 202312,497,770 12 4,425,104 (4,144,801)280,315 Stock-based compensation— — 944 — 944 Forfeiture of unvested restricted stock(6,446)— — — — Issuance of restricted common stock73,364 — — — — Repurchases of common stock in open market(353,684)— (6,014)— (6,014)Net settlement for employee taxes on stock options— — (43)— (43)Stock options exercised, net2,595 — — — — Net income— — — 13,488 13,488 Balances at December 31, 202412,213,599 12 4,419,991 (4,131,313)288,690 

See accompanying notes to the consolidated financial statements.

36

SWK HOLDINGS CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)Year Ended December 31,20242023Cash flows from operating activities:Net income$13,488 $15