SWK Holdings Corp
SWKHLFinancials · Miscellaneous Business Credit Institution · DE · SEC filings ↗ · Compare ⊕
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SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $2.2M | $3.6M | $1.2M | $41.5M | $56.2M | $36.7M |
| Operating income | $20.3M | $11.6M | $14.7M | — | — | — |
| Net income | −$2.5M | $13.5M | $15.9M | $13.5M | $25.9M | $5.2M |
| Total assets | $272.4M | $332.2M | $334.3M | $299.6M | $282.7M | $273.9M |
| Total liabilities | $37.3M | $43.5M | $53.9M | $19.7M | $15.4M | $33.4M |
| Equity | $235.1M | $288.7M | $280.3M | $279.9M | $267.2M | $240.5M |
| EPS (diluted) | $-0.21 | $1.08 | $1.25 | $1.05 | $2.02 | $0.40 |
| Shares out. | 12.3M | 12.5M | 12.82B | 12.8M | 12.8M | 12.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 941.7%
- Net margin
- −117.6%
- Return on equity
- −1.1%
- Return on assets
- −0.9%
- Return on capital (ROCE)
- 7.6%
- Liabilities / assets
- 13.7%
- Debt / equity
- 0.16×
- Book value / share
- $19.19
- Revenue growth (YoY)
- −40.5%
- Net income growth (YoY)
- −118.8%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -41.94distress
- Accruals / assets
- −10.9%clean
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 2 warning● 4 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Revenue declined year-over-year
- Operating margin is positive
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Aug 15, 2014
- NT 10-Qmissed a reporting deadline ↗May 18, 2009
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2009
- NT 10-Qmissed a reporting deadline ↗May 12, 2008
- NT 10-Qmissed a reporting deadline ↗May 16, 2006
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2006
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- M3 Partners LpPassive (13G)Apr 23, 2026
- Carlson Capital, L.P.Activist (13D)Apr 8, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Carlson Capital, L.P.10% owner | Apr 6, 2026 | J | 8.5M | $0.00 |
| Hatcher Robert K.Director | Jun 16, 2025 | Grant | 3,858 | $14.26 |
| Albright JerryDirector | Jun 16, 2025 | Grant | 3,858 | $14.26 |
| Dotter Laurie L.Director | Jun 16, 2025 | Grant | 3,858 | $14.26 |
| Staggs Joe David JrOfficer — PRESIDENT | Apr 15, 2025 | Option exercise | 15,000 | $9.61 |
| Staggs Joe David JrOfficer — PRESIDENT | Jan 31, 2025 | Grant | 36,700 | $0.00 |
| Rice AdamOfficer — Chief Financial Officer | Jan 31, 2025 | Grant | 9,175 | $0.00 |
| Carlson Capital, L.P.10% owner | Oct 23, 2024 | J | 600,678 | $0.00 |
| Rice AdamOfficer — Chief Financial Officer | Jul 3, 2024 | Grant | 6,072 | $0.00 |
| Dotter Laurie L.Director | Jun 27, 2024 | Grant | 3,253 | $16.91 |
| Hatcher Robert K.Director | Jun 27, 2024 | Grant | 3,253 | $16.91 |
| Albright JerryDirector | Jun 27, 2024 | Grant | 3,253 | $16.91 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 1,564 | 1.0 | +60.1% |
| Apr 30, 2026 | 977 | 1.0 | +46.3% |
| Apr 15, 2026 | 668 | 1.0 | -69.7% |
| Mar 31, 2026 | 2,202 | 1.0 | -13.9% |
| Mar 13, 2026 | 2,558 | 1.0 | +96.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsApr 6, 2026
- Shareholder voteMar 31, 2026
- New financial obligationFeb 13, 2026
- New financial obligationDec 5, 2025
- Other material eventDec 4, 2025
- Results of operationsNov 6, 2025
- Entered a material agreementOct 10, 2025
- Other material eventOct 9, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.