SWK Holdings Corporation (SWKH) Financial Statements (2024 and earlier)

Company Profile

Business Address 5956 SHERRY LANE
DALLAS, TX 75225
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6159 - Miscellaneous business Credit Institutions (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,15642,8633,00811,15820,22730,557
Cash and cash equivalents6,15642,8633,00811,15820,22730,557
Restricted cash and investments      
Receivables236,555181,553204,491172,825166,610151,995
Other current assets1,1141,7275421,087  
Other undisclosed current assets(233,461)(178,716)(201,370)(168,469)  
Total current assets:10,36447,4276,67116,601186,837182,552
Noncurrent Assets
Operating lease, right-of-use asset    
Property, plant and equipment5,8405,7795,2111,292  
Intangible assets, net (including goodwill)16,59418,36822,02133,517  
Goodwill 8,4048,4048,4048,404  
Intangible assets, net (excluding goodwill)8,1909,96413,61725,113  
Deferred income tax assets24,48020,53927,491 
Other noncurrent assets1,7421,970    
Other undisclosed noncurrent assets240,601188,582212,507202,962  
Total noncurrent assets:289,257235,238267,230237,771  
Other undisclosed assets     28,82527,331
TOTAL ASSETS:299,621282,665273,901254,372215,662209,883
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:3,9025,0873,6523,0612,5921,840
Other undisclosed accounts payable and accrued liabilities3,9025,0873,6523,0612,5921,840
Debt 2,445811,758   
Total current liabilities:6,3475,09515,4103,0612,5921,840
Noncurrent Liabilities
Long-term debt and lease obligation      
Long-term debt, excluding current maturities      
Liabilities, other than long-term debt2,1451,8041,0792791391
Other liabilities2,1451,8041,079203  
Operating lease, liability    
Derivative instruments and hedges, liabilities    761391
Other undisclosed noncurrent liabilities11,2008,53016,90014,500  
Total noncurrent liabilities:13,34510,33417,97914,7791391
Total liabilities:19,69215,42933,38917,8402,6051,931
Equity
Equity, attributable to parent279,929267,236240,512236,532213,057207,952
Common stock121313131313
Additional paid in capital4,430,9224,431,7194,430,9244,432,1464,432,4994,433,589
Accumulated other comprehensive income      213
Accumulated deficit(4,151,005)(4,164,496)(4,190,425)(4,195,627)(4,219,455)(4,225,863)
Total equity:279,929267,236240,512236,532213,057207,952
TOTAL LIABILITIES AND EQUITY:299,621282,665273,901254,372215,662209,883

Income Statement (P&L) ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues41,48456,15536,71230,74725,99037,486
Net investment income35,46139,31030,80030,11725,97826,877
Cost of revenue  (87)(4,855)(2,547)(6,339)(12,610)
Provision for loan, lease, and other losses   (2,200)(2,209)(6,179)
Gross profit:41,48456,06831,85728,20019,65124,876
Operating expenses(22,515)(25,028)(27,068)(13,560)(12,758) 
Operating income:18,96931,0404,78914,6406,89324,876
Interest and debt expense(340)(374)(455)(338)(160)(300)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(9,138)2,345(669)2,540(496)(572)
Income from continuing operations before income taxes:9,49133,0113,66516,8426,23724,004
Income tax expense (benefit)4,000(7,082)1,5376,986(42)(15,753)
Income from continuing operations:13,49125,9295,20223,8286,1958,251
Income before gain (loss) on sale of properties:25,9295,20223,8286,1958,251
Net income:13,49125,9295,20223,8286,1958,251
Net loss attributable to noncontrolling interest      (5,204)
Net income available to common stockholders, diluted:13,49125,9295,20223,8286,1953,047

Comprehensive Income ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:13,49125,9295,20223,8286,1958,251
Other comprehensive income      8,509
Other undisclosed comprehensive loss      (8,209)
Comprehensive income:13,49125,9295,20223,8286,1958,551
Comprehensive loss, net of tax, attributable to noncontrolling interest      (5,204)
Comprehensive income, net of tax, attributable to parent:13,49125,9295,20223,8286,1953,347

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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