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At an equilibrium point, $x^2-1=0$ and $kxy=0$. If $k\ne 0$, the only equilibria areTheir Jacobian matrix isAt $(1,0)$ its eigenvalues are $2,k$, and at $(-1,0)$ they are $-2,-k$. Hence for $k>0$, $(1,0)$ is an unstable node and $(-1,0)$ is a stable node; for $k<0$, both points are saddles.

If $k=0$, every point on each line $x=1$ and $x=-1$ is an equilibrium. The line $x=1$ is transversely repelling because the nonzero eigenvalue is $2$, while $x=-1$ is transversely attracting because the nonzero eigenvalue is $-2$; the tangential eigenvalue is zero on both nonisolated equilibrium lines.