Scott Jensen

Michael Diana

- SWK Holdings Corporation announced the **full repayment of its loan to Elutia, Inc.** on **October 1, 2025**.  **[1089907_0001628280-25-043460_swkh-20251001.htm:1]** 
- The company received a **$27.8 million payoff payment** from Elutia, which included outstanding principal, exit fees, and accrued interest.  **[1089907_0001628280-25-043460_swkh-20251001.htm:1]** 
- This payoff amount **exceeds the loan's net GAAP carrying value of $23.9 million** as of June 30, 2025.  **[1089907_0001628280-25-043460_swkh-20251001.htm:1]** 
- SWK Holdings expects to recognize approximately **$1.4 million of incremental income** from accelerated exit fee recognition and an additional **$1.4 million from the release of loan loss reserves**.  **[1089907_0001628280-25-043460_swkh-20251001.htm:1]**

SWK Holdings (SWKH)