10-Q Filing

SWK Holdings Corp CIK: 1089907 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001437749-12-008454`
Period End Date	20120630
Filing Date	20120814
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	swkhob-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 41 Cash Flow Statement 34

Balance Sheet 46 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.65M	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`	$38.20M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssets`	$32.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssets`	$66.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	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`	$37.68M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$38.27M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$4.00K	USD	Point-in-time
Total assets	`Assets`	$37.69M	USD	Point-in-time
Total assets	`Assets`	$38.27M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.38M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	41.65M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.38M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	41.65M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$414.00K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$187.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$414.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$187.00K	USD	Point-in-time
Other long-term liabilities	`LiabilitiesNoncurrent`	$65.00K	USD	Point-in-time
Other long-term liabilities	`LiabilitiesNoncurrent`	$63.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$479.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$250.00K	USD	Point-in-time
Common stock, $0.001 par value; 250,000,000 shares authorized; 44,377,394 and 41,647,394 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$42.00K	USD	Point-in-time
Common stock, $0.001 par value; 250,000,000 shares authorized; 44,377,394 and 41,647,394 shares issued and outstanding at June 30, 2012 and December 31, 2011, 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`	$38.02M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$37.21M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$37.69M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$38.27M	USD	Point-in-time

Income Statement 41 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	-	USD	2 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$311.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$711.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$687.00K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.01M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.01M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$711.00K	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`	$-711.00K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.01M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-687.00K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-311.00K	USD	1 Quarter
Interest and other income, net	`InterestAndOtherIncome`	$45.00K	USD	1 Quarter
Interest and other income, net	`InterestAndOtherIncome`	$154.00K	USD	2 Qtrs
Interest and other income, net	`InterestAndOtherIncome`	$90.00K	USD	2 Qtrs
Interest and other income, net	`InterestAndOtherIncome`	$69.00K	USD	1 Quarter
Gain on the Asset Sale	`GainFromAssetSale`	$-167.00K	USD	2 Qtrs
Loss before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-666.00K	USD	1 Quarter
Loss before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-366.00K	USD	2 Qtrs
Loss before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-242.00K	USD	1 Quarter
Loss before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-921.00K	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 and comprehensive loss	`NetIncomeLoss`	$-243.00K	USD	1 Quarter
Net and comprehensive loss	`NetIncomeLoss`	$-667.00K	USD	1 Quarter
Net and comprehensive loss	`NetIncomeLoss`	$-923.00K	USD	2 Qtrs
Net and comprehensive loss	`NetIncomeLoss`	$-369.00K	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`	$-0.02	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
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`	41.25M	shares	1 Quarter
Shares used in computing basic and diluted net loss per share (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.25M	shares	2 Qtrs

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-243.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-667.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-923.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-369.00K	USD	2 Qtrs
Gain on Asset Sale	`GainFromAssetSale`	$-167.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$40.00K	USD	6 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$21.00K	USD	5 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$40.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$106.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$73.00K	USD	1 Quarter
Other non-cash charges	`OtherNoncashExpense`	$5.00K	USD	2 Qtrs
Other non-cash charges	`OtherNoncashExpense`	$4.00K	USD	2 Qtrs
Decrease in fair value of warrant liability	`IncreaseDecreaseInOtherCurrentLiabilities`	$-28.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-23.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-34.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-116.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$227.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-552.00K	USD	2 Qtrs
Net cash 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`	$40.60M	USD	Point-in-time
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.00K	USD	2 Qtrs
Net cash provided by (used in) in investing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.00K	USD	2 Qtrs
Net cash provided by (used in) in investing activities	`NetCashProvidedByUsedInFinancingActivities`	$167.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-445.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-554.00K	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`	$37.65M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$38.20M	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`	$37.65M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$38.20M	USD	Point-in-time

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