---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-23-000441"
form_type: "8-K"
ticker: "SWKHL"
cik: "0001089907"
company_name: "SWK Holdings Corp"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:03:45.722251+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SWK Holdings Q3 GAAP net income $4.5M ($0.36/diluted), down 32% YoY

## Summary
- GAAP net income $4.5M ($0.36 diluted EPS) vs $6.6M ($0.51) in Q3 2022; revenue $9.0M, down 34.2% YoY.
- Finance receivables segment adjusted non-GAAP net income $5.8M, down 3.2% YoY; gross finance receivables $234.9M, up 10.3% YoY.
- Closed $33M senior notes offering and upsized credit facility to $60M post-quarter end.
- Repurchased 60,335 shares for $1.0M in Q3; year-to-date 361,593 shares for $6.1M.
- Non-accrual loans $26.5M including Trio Healthcare $9.1M placed on non-accrual during quarter.

## SEC filing metadata
- accession: 0001552781-23-000441
- form_type: 8-K
- ticker: SWKHL
- cik: 0001089907
- company_name: SWK Holdings Corp
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1089907/000155278123000441/0001552781-23-000441-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089907/000155278123000441/e23443_swkh-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-23-000441
- JSON: https://secwatch.observer/filing/0001552781-23-000441.json
- Plain text: https://secwatch.observer/filing/0001552781-23-000441.txt

## Key facts
- Earnings Releases
  SWK Holdings Corp reported third quarter 2023 results: revenue $9.0 million, net income $4.5 million, EPS $0.36 per diluted share.
  - Period: third quarter 2023
  - Revenue: $9.0 million
  - Net income: $4.5 million
  - EPS: $0.36 per diluted share
  - Result: reported results
  source text: For the third quarter 2023, SWK reported total revenue of $9.0 million, a 34.2% decrease compared to $13.6 million for the third quarter 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1089907/000155278123000441/0001552781-23-000441-index.htm

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