10-Q Filing

SWK Holdings Corp CIK: 1089907 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001437749-13-005909`
Period End Date	20130331
Filing Date	20130514
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	swkhob-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 27 Cash Flow Statement 28

Balance Sheet 67 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`	$37.90M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.58M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.20M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$1.00M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$750.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$92.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$197.00K	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
Finance receivables	`NotesAndLoansReceivableNetCurrent`	$230.00K	USD	Point-in-time
Finance receivables	`NotesAndLoansReceivableNetCurrent`	$230.00K	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
Common stock, shares issued	`CommonStockSharesIssued`	42.89M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$59.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$36.00K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	43.03M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$25.88M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	43.03M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$26.05M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	42.89M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$6.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.00K	USD	Point-in-time
Finance receivables	`NotesAndLoansReceivableNetNoncurrent`	$6.27M	USD	Point-in-time
Finance receivables	`NotesAndLoansReceivableNetNoncurrent`	$6.27M	USD	Point-in-time
Investment in unconsolidated entities	`EquityMethodInvestments`	$13.00M	USD	Point-in-time
Investment in unconsolidated entities	`EquityMethodInvestments`	$13.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$115.00K	USD	Point-in-time
Total assets	`Assets`	$45.27M	USD	Point-in-time
Total assets	`Assets`	$45.32M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$168.00K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$91.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$168.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$91.00K	USD	Point-in-time
Interest reserve	`OtherLiabilitiesNoncurrent`	$750.00K	USD	Point-in-time
Interest reserve	`OtherLiabilitiesNoncurrent`	$1.00M	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$44.00K	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$41.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.13M	USD	Point-in-time
Total liabilities	`Liabilities`	$962.00K	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 250,000,000 shares authorized; 43,034,894 and 42,894,894 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively	`CommonStockValue`	$43.00K	USD	Point-in-time
Common stock, $0.001 par value; 250,000,000 shares authorized; 43,034,894 and 42,894,894 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively	`CommonStockValue`	$43.00K	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 SWK Holdings Corporation stockholders equity	`StockholdersEquity`	$37.31M	USD	Point-in-time
Total SWK Holdings Corporation stockholders equity	`StockholdersEquity`	$37.19M	USD	Point-in-time
Non-controlling interests in consolidated partnerships	`MinorityInterest`	$7.00M	USD	Point-in-time
Non-controlling interests in consolidated partnerships	`MinorityInterest`	$7.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$44.19M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$44.31M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$45.27M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$45.32M	USD	Point-in-time

Income Statement 27 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$430.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$390.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$300.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$300.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$390.00K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-300.00K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$40.00K	USD	1 Quarter
Interest and other income, net	`InterestAndOtherIncome`	$23.00K	USD	1 Quarter
Interest and other income, net	`InterestAndOtherIncome`	$45.00K	USD	1 Quarter
Income (loss) before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$63.00K	USD	1 Quarter
Income (loss) before provision for income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-255.00K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$3.00K	USD	1 Quarter
Provision for income tax	`IncomeTaxExpenseBenefit`	$1.00K	USD	1 Quarter
Consolidated net and comprehensive income (loss)	`ProfitLoss`	$-256.00K	USD	1 Quarter
Consolidated net and comprehensive income (loss)	`ProfitLoss`	$60.00K	USD	1 Quarter
Net income (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net and comprehensive income (loss) attributable to SWK Holdings Corporation Stockholders	`NetIncomeLoss`	$-256.00K	USD	1 Quarter
Net and comprehensive income (loss) attributable to SWK Holdings Corporation Stockholders	`NetIncomeLoss`	$60.00K	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.32M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.25M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.40M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.25M	shares	1 Quarter

Cash Flow Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-256.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$60.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$60.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$34.00K	USD	1 Quarter
Other non-cash expense	`OtherNoncashExpense`	$1.00K	USD	1 Quarter
Other non-cash expense	`OtherNoncashExpense`	$3.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-105.00K	USD	1 Quarter
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-250.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$138.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-18.00K	USD	1 Quarter
Interest reserve	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-250.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$77.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-98.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-301.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$168.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-301.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$164.00K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$37.90M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$24.58M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$24.75M	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`	$37.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$24.58M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$24.75M	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.