SWK Holdings reports Q3 net income of $8.8 million on $10.9 million revenue
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SWK Holdings Corp. reported Q3 2025 GAAP net income of $8.8 million, up from $3.5 million in Q3 2024, with total revenue of $10.9 million, a 4.8% increase year-over-year. The company closed the sale of most assets at MOD3 Pharma and repurchased 88,000 shares for $1.3 million. SWK also entered a merger agreement with Runway Growth Finance Corp., expected to close in late Q4 2025 or Q1 2026. Non-GAAP tangible financing book value rose to $19.42, a 12.4% increase year-over-year.
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