Company: SWKH
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001628280-25-025955
Chunk: 73

Company: SWK Holdings Corp
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 73
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, BIOLASE, that was deemed to be impaired based on reduction in carrying value in prior periods. The following table presents the royalties and the loan measured at amortized cost using the effective interest method, which approximates fair value, on a nonrecurring basis as of March 31, 2025 and 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)March 31, 2025$12,819 $— $— $12,819 December 31, 2024$14,830 $— $— $14,830     There were no liabilities measured at fair value on a nonrecurring basis as of March 31, 2025 and December 31, 2024.The following information is provided to help readers gain an understanding of the relationship between amounts reported in the accompanying unaudited condensed 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 March 31, 2025 (in thousands):Carrying ValueFair ValueLevel 1Level 2Level 3Financial AssetsFinance receivables, net$223,076 $223,076 $— $— $223,076 Finance receivables and related interest receivable held for sale (1)33,990 33,990 — — 33,990 Marketable investments455 455 442 — 13 Warrant assets4,245 4,245 — — 4,245 Foreign currency forward contract2,066 2,066 — — 2,066 (1) Non-recurring valuation as of March 19, 2025

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The following table presents the fair value of financial assets and liabilities as of year ended December 31, 2024 (in thousands):Carrying ValueFair ValueLevel 1Level 2Level 3Financial AssetsFinance receivables, net$277,760 $277,760 $— $— $277,760 Marketable