---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-24-000344"
form_type: "8-K"
ticker: "SWKHL"
cik: "0001089907"
company_name: "SWK Holdings Corp"
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T22:34:00.280904+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SWK Holdings Q1 net income falls 80% to $0.9M on $6M loan impairment; revenue up 25.5%

## Summary
- GAAP net income of $0.9M ($0.07 diluted EPS) vs $4.6M ($0.36) in Q1 2023.
- Revenue rose 25.5% to $11.8M; finance receivables segment revenue hit near-record $11.5M.
- Finance segment adjusted non-GAAP net income fell to $2.7M from $7.3M, reflecting $6.0M loan impairment.
- Gross finance receivables grew 10.3% YoY to $274.5M; non-accrual loans totaled $26.8M.
- Enteris signed exclusive option agreement with strategic partner; received initial low-single-digit million option fee in April.

## SEC filing metadata
- accession: 0001552781-24-000344
- form_type: 8-K
- ticker: SWKHL
- cik: 0001089907
- company_name: SWK Holdings Corp
- filed_at: 2024-05-15T23:59:59+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/1089907/000155278124000344/0001552781-24-000344-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089907/000155278124000344/e24245_swkh-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-24-000344
- JSON: https://secwatch.observer/filing/0001552781-24-000344.json
- Plain text: https://secwatch.observer/filing/0001552781-24-000344.txt

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