SWK HOLDINGS CORPORATION
Income Statement
| Line Item | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.7M | $10.9M | $10.1M | $11.8M | $12.4M | $10.4M | $10.8M | $11.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $1.0K | $147.0K | $645.0K | $758.0K | $568.0K | $585.0K | $520.0K | $530.0K |
| SG&A Expense | $5.4M | $3.3M | $2.8M | $3.3M | $2.9M | $3.0M | $2.9M | $2.7M |
| Operating Income | $857.0K | $6.7M | $4.6M | $8.1M | $5.5M | $4.1M | $901.0K | $1.1M |
| Operating Margin | 9.9% | 61.3% | 46.1% | 68.6% | 44.7% | 39.2% | 8.3% | 9.5% |
| Interest Expense | — | — | — | $200.0K | $-1.5M | $200.0K | $1.1M | $1.3M |
| Pretax Income | $-959.0K | $10.7M | $4.6M | $5.8M | $8.6M | $4.4M | $4.7M | $697.0K |
| Income Tax Expense | $18.4M | $1.9M | $1.0M | $1.3M | $2.7M | $906.0K | $1.0M | $229.0K |
| Net Income | $-19.4M | $8.8M | $3.5M | $4.5M | $5.9M | $3.5M | $3.7M | $468.0K |
| Net Margin | -223.1% | 80.7% | 35.2% | 38.4% | 47.5% | 33.3% | 33.9% | 4.1% |
| EPS (Basic) | $-1.59 | $0.72 | $0.29 | $0.37 | $0.47 | $0.28 | $0.30 | $0.04 |
| EPS (Diluted) | $-1.59 | $0.72 | $0.29 | $0.37 | $0.47 | $0.28 | $0.30 | $0.04 |
| Shares Outstanding (Basic) | 12.2M | 12.1M | 12.2M | 12.2M | 12.4M | 12.3M | 12.5M | 12.5M |
| Shares Outstanding (Diluted) | 12.2M | 12.1M | 12.2M | 12.2M | 12.4M | 12.4M | 12.5M | 12.5M |
| Dividends Per Share | — | — | $4.00 | — | — | — | — | — |