---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-005972"
form_type: "8-K"
ticker: "SFES"
cik: "0000086115"
company_name: "SAFEGUARD SCIENTIFICS INC"
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T08:03:20.014113+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Safeguard Scientifics posts FY2022 net loss of $14.3M vs net income of $27.0M in 2021

## Summary
- Net loss Q4 2022 $4.9M ($0.30/share) vs loss $8.6M ($0.51) in Q4 2021; FY2022 net loss $14.3M ($0.87) vs net income $27.0M ($1.36) in FY2021.
- Cash & securities $19.3M at Dec 31, 2022; carrying value of ownership interests $15.4M.
- Annual deployments $5.7M within prior guidance of $5M-$9M; funded loans to meQuilibrium and Trice Medical.
- Repurchased 711,481 shares for $2.9M in 2022 at avg $4.13; added 736,577 shares through Jan 2023 under $3M plan.
- Operating costs down 33% YoY: G&A $4.8M in 2022 vs $7.2M in 2021.

## SEC filing metadata
- accession: 0001437749-23-005972
- form_type: 8-K
- ticker: SFES
- cik: 0000086115
- company_name: SAFEGUARD SCIENTIFICS INC
- filed_at: 2023-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/86115/000143774923005972/0001437749-23-005972-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/86115/000143774923005972/sfe20230308_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-005972
- JSON: https://secwatch.observer/filing/0001437749-23-005972.json
- Plain text: https://secwatch.observer/filing/0001437749-23-005972.txt

## Key facts
- Earnings Releases
  SAFEGUARD SCIENTIFICS INC reported three months and year ended December 31, 2022 results: net income Net loss for the year ended December 31, 2022 was $14.3 million, or $0.87 per share, EPS $0.87 per share.
  - Period: three months and year ended December 31, 2022
  - Net income: Net loss for the year ended December 31, 2022 was $14.3 million, or $0.87 per share
  - EPS: $0.87 per share
  - Result: reported results
  source text: Net loss for the three months ended December 31, 2022 was $4.9 million, or $0.30 per share, compared with a net loss of $8.6 million, or $0.51 per share, for the same period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/86115/000143774923005972/0001437749-23-005972-index.htm
- Earnings Releases
  SAFEGUARD SCIENTIFICS INC reported three months and year ended December 31, 2022 results: net income Net loss for the year ended December 31, 2022 was $14.3 million, or $0.87 per share, EPS $0.87 per share.
  - Period: three months and year ended December 31, 2022
  - Net income: Net loss for the year ended December 31, 2022 was $14.3 million, or $0.87 per share
  - EPS: $0.87 per share
  - Result: reported results
  source text: Net loss for the year ended December 31, 2022 was $14.3 million, or $0.87 per share, compared with net income of $27.0 million, or $1.36 per share, for the same period of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/86115/000143774923005972/0001437749-23-005972-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.