NASDAQ : ELUT
Elutia Inc. — Financial statements
Healthcare · Medical Devices · United States
Last price 0.8371 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 37.07M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Elutia Inc. (ELUT) reported revenue of 12.14M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 12.14M | 12.29M | 14.47M | 24.75M | 23.85M | 47.39M |
| Cost of Revenue | 5.13M | 5.70M | 7.75M | 13.69M | 12.21M | 28.37M |
| Gross Profit | 7.01M | 6.60M | 6.71M | 11.05M | 11.64M | 19.02M |
| Selling, General & Admin | 21.70M | 20.84M | 23.06M | 27.19M | 33.90M | 32.51M |
| Research & Development | 6.80M | 4.16M | 3.00M | 4.40M | 7.73M | 9.27M |
| Operating Expenses | 28.50M | 25.01M | 26.06M | 31.59M | 41.63M | 41.78M |
| Operating Income | -21.49M | -18.41M | -19.34M | -20.54M | -29.99M | -22.76M |
| Interest Expense | -934.00K | -5.80M | -5.12M | -5.32M | ||
| Interest & Investment Income | 223.00K | 387.00K | ||||
| Other Non Operating Income (Expenses) | 3.49M | 10.67M | -13.69M | -4.90M | 4.07M | 550.00K |
| EBT Excluding Unusual Items | -17.77M | -7.36M | -33.97M | -31.23M | -31.04M | -27.53M |
| Legal Settlements | -4.59M | -8.50M | -11.37M | -9.99M | -5.20M | -276.00K |
| Other Unusual Items | 89.00K | 3.03M | ||||
| Pretax Income | -22.36M | -15.86M | -45.34M | -41.22M | -36.15M | -24.78M |
| Income Tax Expense | 75.00K | 13.00K | 7.00K | 28.00K | 34.00K | 55.00K |
| Earnings From Continuing Operations | -22.43M | -15.87M | -45.34M | -41.25M | -36.18M | -24.83M |
| Earnings From Discontinued Operations | 74.24M | 69.25M | -8.60M | 3.59M | 3.29M | |
| Net Income | 51.81M | 53.38M | -53.95M | -37.66M | -32.90M | -24.83M |
| Net Income to Common | 51.81M | 53.38M | -53.95M | -37.66M | -32.90M | -24.83M |
| Shares Outstanding (Basic) | 43.11M | 41.42M | 29.07M | 18.16M | 13.83M | 10.44M |
| Shares Outstanding (Diluted) | 45.37M | 45.94M | 29.07M | 18.16M | 13.83M | 10.44M |
| EPS (Basic) | 1.20 | 1.29 | -1.86 | -2.07 | -2.38 | -2.38 |
| EPS (Diluted) | 1.01 | 0.87 | -1.86 | -2.07 | -2.38 | -2.38 |
| Free Cash Flow | -46.03M | -46.69M | -23.31M | -22.11M | -21.97M | -15.81M |
| Free Cash Flow Per Share | -1.01 | -1.02 | -0.80 | -1.22 | -1.59 | -1.51 |
| Gross Margin | 57.76% | 53.66% | 46.42% | 44.67% | 48.80% | 40.14% |
| Operating Margin | -177.06% | -149.78% | -133.71% | -82.99% | -125.74% | -48.02% |
| Profit Margin | 426.90% | 434.23% | -372.91% | -152.18% | -137.94% | -52.40% |
| Free Cash Flow Margin | -379.26% | -379.78% | -161.13% | -89.34% | -92.14% | -33.37% |
| EBITDA | -21.35M | -17.20M | -18.26M | -17.03M | -26.42M | -19.03M |
| EBITDA Margin | -175.95% | -139.88% | -126.23% | -68.81% | -110.79% | -40.15% |
| D&A For EBITDA | 135.00K | 1.22M | 1.08M | 3.51M | 3.57M | 3.73M |
| EBIT | -21.49M | -18.41M | -19.34M | -20.54M | -29.99M | -22.76M |
| EBIT Margin | -177.06% | -149.78% | -133.71% | -82.99% | -125.74% | -48.02% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 19.90M | 36.35M | 13.24M | 19.28M | 16.99M | 30.39M |
| Cash & Short-Term Investments | 19.90M | 36.35M | 13.24M | 19.28M | 16.99M | 30.39M |
| Receivables | 1.44M | 1.73M | 2.28M | 3.26M | 3.77M | 6.00M |
| Inventory | 2.65M | 2.62M | 1.93M | 3.85M | 4.24M | 9.55M |
| Prepaid Expenses | 1.38M | 2.27M | 1.99M | 2.17M | 2.39M | 1.45M |
| Restricted Cash | 35.00K | |||||
| Other Current Assets | 11.85M | 12.85M | 6.74M | 2.70M | 23.31M | |
| Total Current Assets | 37.22M | 55.82M | 26.17M | 31.25M | 50.70M | 47.43M |
| Property, Plant & Equipment | 5.44M | 5.00M | 850.00K | 504.00K | 565.00K | 1.28M |
| Other Intangible Assets | 990.00K | 1.53M | 2.60M | 11.67M | 15.07M | 18.47M |
| Other Long-Term Assets | 6.50M | 2.51M | ||||
| Total Assets | 43.65M | 62.35M | 36.13M | 43.43M | 68.84M | 67.17M |
| Accounts Payable | 3.53M | 4.79M | 4.15M | 3.19M | 2.27M | 4.05M |
| Accrued Expenses | 11.21M | 8.75M | 11.50M | 21.23M | 17.82M | 9.12M |
| Short-Term Debt | 4.76M | |||||
| Current Portion of Long-Term Debt | 1.25M | 3.32M | 8.06M | |||
| Current Portion of Leases | 685.00K | 355.00K | 145.00K | 275.00K | 232.00K | 5.00K |
| Other Current Liabilities | 5.62M | 11.24M | 20.75M | 15.02M | 22.29M | |
| Total Current Liabilities | 21.05M | 25.14M | 37.80M | 43.04M | 42.62M | 26.00M |
| Long-Term Debt | 22.60M | 20.36M | 24.26M | 10.41M | ||
| Long-Term Leases | 3.69M | 3.59M | 16.00K | |||
| Other Long-Term Liabilities | 3.16M | 5.95M | 21.97M | 18.64M | 7.00M | 17.24M |
| Total Liabilities | 27.90M | 34.68M | 82.39M | 82.03M | 73.87M | 53.65M |
| Common Stock | 44.00K | 43.00K | 35.00K | 23.00K | 16.00K | 13.00K |
| Additional Paid-In Capital | 207.03M | 203.84M | 183.30M | 137.02M | 132.94M | 118.60M |
| Retained Earnings | -191.33M | -176.21M | -229.59M | -175.64M | -137.99M | -105.09M |
| Total Common Equity | 15.75M | 27.67M | -46.26M | -38.60M | -5.03M | 13.52M |
| Shareholders' Equity | 15.75M | 27.67M | -46.26M | -38.60M | -5.03M | 13.52M |
| Total Liabilities & Equity | 43.65M | 62.35M | 36.13M | 43.43M | 68.84M | 67.17M |
| Total Debt | 4.38M | 3.94M | 24.01M | 23.95M | 24.49M | 23.24M |
| Net Cash (Debt) | 15.52M | 32.41M | -10.78M | -4.68M | -7.50M | 7.16M |
| Net Cash Per Share | 0.34 | 0.71 | -0.37 | -0.26 | -0.54 | 0.69 |
| Filing Date Shares Outstanding | 44.29M | 42.78M | 40.74M | 24.27M | 16.19M | 13.56M |
| Total Common Shares Outstanding | 44.29M | 42.78M | 35.21M | 23.20M | 16.14M | 13.56M |
| Working Capital | 16.17M | 30.68M | -11.62M | -11.78M | 8.08M | 21.43M |
| Book Value Per Share | 0.36 | 0.65 | -1.31 | -1.66 | -0.31 | 1.00 |
| Tangible Book Value | 14.76M | 26.14M | -48.86M | -50.27M | -20.10M | -4.95M |
| Tangible Book Value Per Share | 0.33 | 0.61 | -1.39 | -2.17 | -1.25 | -0.36 |
| Machinery | 1.39M | 796.00K | 661.00K | 217.00K | 5.03M | |
| Construction In Progress | 1.36M | |||||
| Leasehold Improvements | 43.00K | 96.00K | 92.00K | 613.00K | 606.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 51.81M | 53.38M | -53.95M | -37.66M | -32.90M | -24.83M |
| Depreciation & Amortization | 135.00K | 1.22M | 1.08M | 3.51M | 3.57M | 3.73M |
| Other Amortization | -107.00K | 216.00K | 115.00K | 121.00K | ||
| Stock-Based Compensation | 4.69M | 5.21M | 7.89M | 2.44M | 3.65M | 3.54M |
| Provision & Write-off of Bad Debts | 458.00K | 458.00K | 460.00K | 590.00K | ||
| Other Operating Activities | -4.11M | -9.90M | 16.73M | 9.47M | -1.74M | -375.00K |
| Change in Accounts Receivable | 1.25M | 84.00K | 527.00K | 802.00K | -834.00K | 1.17M |
| Change in Inventory | -341.00K | -1.64M | -58.00K | -609.00K | -498.00K | 563.00K |
| Change in Accounts Payable | -8.38M | -6.55M | -1.15M | -2.11M | 5.59M | -248.00K |
| Change in Unearned Revenue | -552.00K | |||||
| Change in Other Net Operating Assets | -10.33M | -8.43M | 3.62M | 8.88M | 1.45M | 1.44M |
| Operating Cash Flow | -43.99M | -44.81M | -22.66M | -21.76M | -21.43M | -15.45M |
| Capital Expenditures | -2.03M | -1.88M | -654.00K | -346.00K | -540.00K | -369.00K |
| Other Investing Activities | 80.86M | 80.44M | 180.00K | 14.55M | ||
| Investing Cash Flow | 78.83M | 78.56M | -474.00K | 14.21M | -540.00K | -369.00K |
| Long-Term Debt Issued | 6.38M | |||||
| Total Debt Issued | 6.38M | |||||
| Short-Term Debt Repaid | -4.76M | -1.75M | ||||
| Long-Term Debt Repaid | -23.06M | -2.00M | -1.96M | -2.78M | ||
| Total Debt Repaid | -23.06M | -23.06M | -2.00M | -1.96M | -4.76M | -4.53M |
| Net Debt Issued (Repaid) | -23.06M | -23.06M | -2.00M | -1.96M | 1.62M | -4.53M |
| Issuance of Common Stock | 80.00K | 13.91M | 28.28M | 10.30M | 10.48M | 13.99M |
| Repurchase of Common Stock | -217.00K | -380.00K | -1.19M | -32.00K | -395.00K | |
| Other Financing Activities | -236.00K | -1.10M | -8.00M | 1.52M | -3.18M | -2.75M |
| Financing Cash Flow | -23.44M | -10.64M | 17.09M | 9.84M | 8.54M | 6.71M |
| Net Cash Flow | 11.40M | 23.11M | -6.04M | 2.29M | -13.44M | -9.10M |
| Free Cash Flow | -46.03M | -46.69M | -23.31M | -22.11M | -21.97M | -15.81M |
| Free Cash Flow Margin | -379.26% | -379.78% | -161.13% | -89.34% | -92.14% | -33.37% |
| Free Cash Flow Per Share | -1.01 | -1.02 | -0.80 | -1.22 | -1.59 | -1.51 |
| Levered Free Cash Flow | -27.47M | -25.10M | -8.35M | 8.15M | -2.76M | -7.79M |
| Unlevered Free Cash Flow | -27.37M | -25.10M | -7.77M | 11.56M | 319.88K | -4.59M |
| Cash Interest Paid | 8.04M | 7.49M | 12.69M | 2.32M | 7.55M | 7.73M |
| Change in Working Capital | -17.80M | -16.53M | 2.94M | 6.96M | 5.71M | 2.38M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 37.07M | 29.58M | 129.26M | 50.11M | 68.53M | 85.42M |
| Enterprise Value | 21.56M | 54.00M | 126.65M | 61.27M | 80.43M | 84.94M |
| Last Close Price | 0.84 | 0.69 | 3.74 | 2.16 | 4.25 | 6.30 |
| PE Ratio | 0.83 | 0.55 | ||||
| PS Ratio | 3.05 | 2.41 | 8.94 | 2.02 | 2.87 | 1.80 |
| PB Ratio | 2.35 | 1.07 | -2.79 | -1.30 | -13.62 | 6.32 |
| P/TBV Ratio | 2.51 | 1.13 | ||||
| EV/Sales Ratio | 1.78 | 4.39 | 8.76 | 2.48 | 3.37 | 1.79 |
| Debt / Equity Ratio | 0.28 | 0.14 | -0.52 | -0.62 | -4.87 | 1.72 |
| Net Debt / Equity Ratio | -0.98 | -1.17 | -0.23 | -0.12 | -1.49 | -0.53 |
| Net Debt / EBITDA Ratio | 0.73 | 1.89 | -0.59 | -0.28 | -0.28 | 0.38 |
| Net Debt / FCF Ratio | 0.34 | 0.69 | -0.46 | -0.21 | -0.34 | 0.45 |
| Asset Turnover | 0.31 | 0.25 | 0.36 | 0.44 | 0.35 | 0.63 |
| Inventory Turnover | 1.30 | 2.50 | 2.68 | 3.38 | 1.77 | 2.88 |
| Quick Ratio | 1.01 | 1.51 | 0.41 | 0.52 | 0.49 | 1.40 |
| Current Ratio | 1.77 | 2.22 | 0.69 | 0.73 | 1.19 | 1.82 |
| Return on Equity (ROE) | -852.54% | -144.57% | ||||
| Return on Assets (ROA) | -34.66% | -23.37% | -30.39% | -22.87% | -27.56% | -18.97% |
| Return on Capital Employed (ROCE) | -95.10% | -49.50% | 1,159.70% | -5,252.40% | -114.30% | -55.30% |
| Earnings Yield | 120.17% | 180.47% | -41.74% | -75.15% | -48.00% | -29.07% |
| FCF Yield | -124.15% | -157.83% | -18.03% | -44.12% | -32.06% | -18.52% |
| Buyback Yield / Dilution | -22.72% | -58.04% | -60.08% | -31.29% | -32.44% | -266.16% |