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)
| 9/30/2023 MRQ | 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 investments | 6,156 | 42,863 | 3,008 | 11,158 | 20,227 | 30,557 | |||
| Cash and cash equivalents | 6,156 | 42,863 | 3,008 | 11,158 | 20,227 | 30,557 | |||
| Receivables | 236,555 | 181,553 | 204,491 | 172,825 | 166,610 | 151,995 | |||
| Other current assets | 1,114 | 1,727 | 542 | 1,087 | |||||
| Other undisclosed current assets | (233,461) | (178,716) | (201,370) | (168,469) | |||||
| Total current assets: | 10,364 | 47,427 | 6,671 | 16,601 | 186,837 | 182,552 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 5,840 | 5,779 | 5,211 | 1,292 | |||||
| Intangible assets, net (including goodwill) | 16,594 | 18,368 | 22,021 | 33,517 | |||||
| Goodwill | 8,404 | 8,404 | 8,404 | 8,404 | |||||
| Intangible assets, net (excluding goodwill) | 8,190 | 9,964 | 13,617 | 25,113 | |||||
| Deferred income tax assets | 24,480 | 20,539 | 27,491 | ✕ | ✕ | ||||
| Other noncurrent assets | 1,742 | 1,970 | |||||||
| Other undisclosed noncurrent assets | 240,601 | 188,582 | 212,507 | 202,962 | |||||
| Total noncurrent assets: | 289,257 | 235,238 | 267,230 | 237,771 | |||||
| Other undisclosed assets | 28,825 | 27,331 | |||||||
| TOTAL ASSETS: | 299,621 | 282,665 | 273,901 | 254,372 | 215,662 | 209,883 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 3,902 | 5,087 | 3,652 | 3,061 | 2,592 | 1,840 | |||
| Other undisclosed accounts payable and accrued liabilities | 3,902 | 5,087 | 3,652 | 3,061 | 2,592 | 1,840 | |||
| Debt | 2,445 | 8 | 11,758 | ||||||
| Total current liabilities: | 6,347 | 5,095 | 15,410 | 3,061 | 2,592 | 1,840 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 2,145 | 1,804 | 1,079 | 279 | 13 | 91 | |||
| Other liabilities | 2,145 | 1,804 | 1,079 | 203 | |||||
| Derivative instruments and hedges, liabilities | 76 | 13 | 91 | ||||||
| Other undisclosed noncurrent liabilities | 11,200 | 8,530 | 16,900 | 14,500 | |||||
| Total noncurrent liabilities: | 13,345 | 10,334 | 17,979 | 14,779 | 13 | 91 | |||
| Total liabilities: | 19,692 | 15,429 | 33,389 | 17,840 | 2,605 | 1,931 | |||
| Equity | |||||||||
| Equity, attributable to parent | 279,929 | 267,236 | 240,512 | 236,532 | 213,057 | 207,952 | |||
| Common stock | 12 | 13 | 13 | 13 | 13 | 13 | |||
| Additional paid in capital | 4,430,922 | 4,431,719 | 4,430,924 | 4,432,146 | 4,432,499 | 4,433,589 | |||
| 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: | 279,929 | 267,236 | 240,512 | 236,532 | 213,057 | 207,952 | |||
| TOTAL LIABILITIES AND EQUITY: | 299,621 | 282,665 | 273,901 | 254,372 | 215,662 | 209,883 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 41,484 | 56,155 | 36,712 | 30,747 | 25,990 | 37,486 | ||
| Net investment income | 35,461 | 39,310 | 30,800 | 30,117 | 25,978 | 26,877 | ||
| 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: | 41,484 | 56,068 | 31,857 | 28,200 | 19,651 | 24,876 | ||
| Operating expenses | (22,515) | (25,028) | (27,068) | (13,560) | (12,758) | |||
| Other operating expense, net (Other undisclosed Other operating expense, net) | ||||||||
| Other undisclosed operating income | ||||||||
| Operating income: | 18,969 | 31,040 | 4,789 | 14,640 | 6,893 | 24,876 | ||
| 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: | 9,491 | 33,011 | 3,665 | 16,842 | 6,237 | 24,004 | ||
| Income tax expense (benefit) | 4,000 | (7,082) | 1,537 | 6,986 | (42) | (15,753) | ||
| Income from continuing operations: | 13,491 | 25,929 | 5,202 | 23,828 | 6,195 | 8,251 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | 25,929 | 5,202 | 23,828 | 6,195 | 8,251 | |
| Net income: | 13,491 | 25,929 | 5,202 | 23,828 | 6,195 | 8,251 | ||
| Net loss attributable to noncontrolling interest | (5,204) | |||||||
| Net income available to common stockholders, diluted: | 13,491 | 25,929 | 5,202 | 23,828 | 6,195 | 3,047 | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 13,491 | 25,929 | 5,202 | 23,828 | 6,195 | 8,251 | ||
| Other comprehensive income | 8,509 | |||||||
| Other undisclosed comprehensive loss | (8,209) | |||||||
| Comprehensive income: | 13,491 | 25,929 | 5,202 | 23,828 | 6,195 | 8,551 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (5,204) | |||||||
| Comprehensive income, net of tax, attributable to parent: | 13,491 | 25,929 | 5,202 | 23,828 | 6,195 | 3,347 | ||
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.