10-Q Filing

SWK Holdings Corp CIK: 1089907 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001437749-11-005690`
Period End Date	20110630
Filing Date	20110810
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	swkhob-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 39 Cash Flow Statement 33

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.26M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.61M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssets`	$40.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssets`	$63.00K	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$39.32M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$38.85M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$6.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$5.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	41.65M	shares	Point-in-time
Total assets	`Assets`	$39.33M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	41.65M	shares	Point-in-time
Total assets	`Assets`	$38.86M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	41.65M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	41.65M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$85.00K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$201.00K	USD	Point-in-time
Warrant liability	`OtherLiabilitiesCurrent`	$30.00K	USD	Point-in-time
Warrant liability	`OtherLiabilitiesCurrent`	$2.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$231.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$87.00K	USD	Point-in-time
Other long-term liabilities	`LiabilitiesNoncurrent`	$92.00K	USD	Point-in-time
Other long-term liabilities	`LiabilitiesNoncurrent`	$89.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$179.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$320.00K	USD	Point-in-time
Common stock, $0.001 par value; 250,000,000 shares authorized; 41,647,394 and 41,647,394 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$42.00K	USD	Point-in-time
Common stock, $0.001 par value; 250,000,000 shares authorized; 41,647,394 and 41,647,394 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$42.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.32B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.32B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.28B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.28B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$39.01M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$38.68M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$38.86M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$39.33M	USD	Point-in-time

Income Statement 39 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$1.02M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$352.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$687.00K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$311.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.02M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$352.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$311.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$687.00K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-311.00K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-687.00K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.02M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-352.00K	USD	1 Quarter
Interest and other income (expense), net	`InterestAndOtherIncome`	$49.00K	USD	1 Quarter
Interest and other income (expense), net	`InterestAndOtherIncome`	$197.00K	USD	2 Qtrs
Interest and other income (expense), net	`InterestAndOtherIncome`	$154.00K	USD	2 Qtrs
Interest and other income (expense), net	`InterestAndOtherIncome`	$69.00K	USD	1 Quarter
Gain on Asset Sale	`GainLossOnSaleOfPropertyPlantEquipment`	$21.00K	USD	2 Qtrs
Gain on Asset Sale	`GainLossOnSaleOfPropertyPlantEquipment`	$167.00K	USD	2 Qtrs
Gain on Asset Sale	`GainLossOnSaleOfPropertyPlantEquipment`	$21.00K	USD	1 Quarter
Loss before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-282.00K	USD	1 Quarter
Loss before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-242.00K	USD	1 Quarter
Loss before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-366.00K	USD	2 Qtrs
Loss before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-798.00K	USD	2 Qtrs
Provision for income tax	`IncomeTaxExpenseBenefit`	$3.00K	USD	2 Qtrs
Provision for income tax	`IncomeTaxExpenseBenefit`	$1.00K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$2.00K	USD	2 Qtrs
Provision for income tax	`IncomeTaxExpenseBenefit`	$1.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-283.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-800.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-369.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-243.00K	USD	1 Quarter
Basic and diluted net loss per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Basic and diluted net loss per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Basic and diluted net loss per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	2 Qtrs
Basic and diluted net loss per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Shares used in computing basic and diluted net loss per share (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.23M	shares	2 Qtrs
Shares used in computing basic and diluted net loss per share (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.25M	shares	2 Qtrs
Shares used in computing basic and diluted net loss per share (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.25M	shares	1 Quarter
Shares used in computing basic and diluted net loss per share (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.24M	shares	1 Quarter

Cash Flow Statement 33 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-283.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-800.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-369.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-243.00K	USD	1 Quarter
Gain on Asset Sale	`GainFromAssetSale`	$167.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$-4.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$40.00K	USD	2 Qtrs
Other non-cash charges	`OtherNoncashExpense`	$5.00K	USD	2 Qtrs
Decrease in fair value of warrant liability	`IncreaseDecreaseInOtherCurrentLiabilities`	$-28.00K	USD	2 Qtrs
Decrease in fair value of warrant liability	`IncreaseDecreaseInOtherCurrentLiabilities`	$-61.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$23.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-39.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-116.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$53.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-851.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-612.00K	USD	2 Qtrs
Proceeds from Asset Sale	`ProceedsFromAssetSale`	$-167.00K	USD	2 Qtrs
Proceeds from Asset Sale	`ProceedsFromAssetSale`	$-1.43M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.00K	USD	2 Qtrs
Net cash provided by (used in) in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.42M	USD	2 Qtrs
Net cash provided by (used in) in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$167.00K	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$18.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$18.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$589.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-445.00K	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$39.26M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$38.81M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$39.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$38.61M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$39.26M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$38.81M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$39.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$38.61M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.