10-Q Filing

SWK Holdings Corp CIK: 1089907 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001437749-11-008468`
Period End Date	20110930
Filing Date	20111114
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	swkhob-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 47 Income Statement 42 Cash Flow Statement 35

Balance Sheet 47 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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.61M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	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`	$19.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssets`	$63.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$39.32M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$38.57M	USD	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$6.00K	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
Total assets	`Assets`	$38.58M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	41.65M	shares	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`	$201.00K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$76.00K	USD	Point-in-time
Warrant liability	`OtherLiabilitiesCurrent`	$30.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$231.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$76.00K	USD	Point-in-time
Other long-term liabilities	`LiabilitiesNoncurrent`	$93.00K	USD	Point-in-time
Other long-term liabilities	`LiabilitiesNoncurrent`	$89.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$320.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$169.00K	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 September 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 September 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`	$38.41M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$39.01M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$38.58M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$39.33M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	3 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.05M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$364.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.40M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$381.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.05M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.40M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$381.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$364.00K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.05M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.40M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-381.00K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-364.00K	USD	1 Quarter
Interest and other income, net	`InterestAndOtherIncome`	$344.00K	USD	3 Qtrs
Interest and other income, net	`InterestAndOtherIncome`	$69.00K	USD	1 Quarter
Interest and other income, net	`InterestAndOtherIncome`	$147.00K	USD	1 Quarter
Interest and other income, net	`InterestAndOtherIncome`	$223.00K	USD	3 Qtrs
Gain on Asset Sale	`GainLossOnSaleOfPropertyPlantEquipment`	$21.00K	USD	3 Qtrs
Gain on Asset Sale	`GainLossOnSaleOfPropertyPlantEquipment`	$167.00K	USD	3 Qtrs
Loss before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-234.00K	USD	1 Quarter
Loss before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-295.00K	USD	1 Quarter
Loss before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-661.00K	USD	3 Qtrs
Loss before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.03M	USD	3 Qtrs
Provision for income tax	`IncomeTaxExpenseBenefit`	$6.00K	USD	3 Qtrs
Provision for income tax	`IncomeTaxExpenseBenefit`	$4.00K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$1.00K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$4.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-665.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-296.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.04M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-238.00K	USD	1 Quarter
Basic and diluted net loss per share (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	3 Qtrs
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`	$-0.03	USD	3 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	3 Qtrs
Shares used in computing basic and diluted net loss per share (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.25M	shares	3 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 35 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-665.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-296.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.04M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-238.00K	USD	1 Quarter
Gain on Asset Sale	`GainFromAssetSale`	$-167.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$63.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$-6.00K	USD	3 Qtrs
Other non-cash charges	`OtherNoncashExpense`	$5.00K	USD	3 Qtrs
Decrease in fair value of warrant liability	`IncreaseDecreaseInOtherCurrentLiabilities`	$-30.00K	USD	3 Qtrs
Decrease in fair value of warrant liability	`IncreaseDecreaseInOtherCurrentLiabilities`	$-137.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-26.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$44.00K	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$111.00K	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-125.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.10M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-875.00K	USD	3 Qtrs
Proceeds from Asset Sale	`ProceedsFromAssetSale`	$-1.45M	USD	3 Qtrs
Proceeds from Asset Sale	`ProceedsFromAssetSale`	$-167.00K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.00K	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.44M	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$167.00K	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$18.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$18.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$363.00K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-708.00K	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$38.55M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$38.97M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$39.26M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$38.61M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$38.55M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$38.97M	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`	$38.61M	USD	Point-in-time

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