SWK Holdings Corporation. (NASDAQ:SWKH) Q4 2022 Earnings Conference Call April 3, 2023 10:00 AM ET

Company Participants

Jason Rando - Executive Vice President & Chief Operating Officer, Tiberend Strategic Advisors

Jody Staggs - President & Interim Chief Executive Officer

Yvette Heinrichson - Chief Financial Officer

Conference Call Participants

Operator

Good day, and welcome to the SWK Holdings Fourth Quarter and Full Year 2022 Financial Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Jason Rando, from Tiberend Strategic Advisors. Jason, please go ahead.

Jason Rando

Good morning, everyone, and thank you for joining SWK Holdings fourth quarter and full year 2022 financial and corporate results call.

Earlier this morning, SWK Holdings issued a press release detailing its financial results for the three months and full year ended December 31, 2022. The Press release can be found in the Investor Relations section of swkhold.com under News Releases.

Before beginning today's call, I would like to make the following statement regarding forward-looking statements. Today, we will make certain forward-looking statements about future expectations, plans, events and circumstances, including statements about our strategy, future operations and the development of our consumer and drug product candidates, plans for future potential product candidates and studies and our expectations regarding our capital allocation and cash resources.

These statements are based on our current expectations, and you should not place undue reliance on these statements. Actual results may differ materially due to our risks and uncertainties, including those detailed in the Risk Factors section of SWK Holdings 10-K filed with the SEC and other filings we make with the SEC from time to time.

SWK Holdings disclaims any obligation to update information contained in these forward-looking statements, whether as a result of new information, future events or otherwise.

Joining me from SWK Holdings on today’s call are Jody Staggs, President and CEO; and Yvette Heinrichson, Chief Financial Officer. They will provide an update on SWK's fourth quarter and 2022 corporate and financial results. Jody, go ahead.

Jody Staggs

Thank you Jason. And thanks everyone for joining our fourth quarter conference call. Since appointment of the new leadership team we have made considerable progress positioning SWK for a multi-year period of value creations, of course much work remains. On today’s call I want to update you on four areas of focus; growing the team in anticipation of scaling the business Enteris capital and the portfolio. Before discussing the four areas of focus, I want to briefly address the current life science finance market environment.