ELUTIA INC.

For the period ended Mar 31, 2026. Filed May 15, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 15, 2026

ELUT$0.84-0.2%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Balance Sheets

(In Thousands, Except for Share and Per Share Data)


· · March 31, · · December 31, ·
· · 2026 · · 2025 ·
Assets
Current assets:
Cash and cash equivalents	$28,488	$36,350
Accounts receivable, net	2,068	1,734
Inventory	2,657	2,617
Insurance receivables of litigation costs	5,348	4,846
Prepaid expenses and other current assets	2,030	2,271
Divestiture proceeds receivables	8,000	8,000
Total current assets	48,591	55,818

Property and equipment, net	2,909	2,511
Intangible assets, net	1,260	1,529
Operating lease right-of-use assets and other	2,449	2,492
Total assets	$55,209	$62,350

Liabilities and Stockholders’ Equity

Current liabilities:
Accounts payable	$3,870	$4,791
Accrued expenses	5,815	4,352
Current portion of revenue interest obligation	5,500	4,400
Contingent liability for legal proceedings	8,016	11,241
Current operating lease liabilities	524	355
Total current liabilities	23,725	25,139

Long-term revenue interest obligation	1,873	2,828
Warrant liability	3,389	3,124
Long-term operating lease liabilities	3,695	3,587
Total liabilities	32,682	34,678

Commitments and contingencies (Note 9)

Stockholders’ equity (deficit):
Class A Common stock, $0.001 par value per share, 200,000,000 shares authorized as of March 31, 2026 and December 31, 2025, and 44,208,236 and 42,784,848 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	44	43
Class B Common stock, $0.001 par value per share, 20,000,000 shares authorized as of March 31, 2026 and December 31, 2025, and no shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	—	—
Additional paid-in capital	206,165	203,842
Accumulated deficit	(183,682)	(176,213)
Total stockholders’ equity	22,527	27,672
Total liabilities and stockholders' equity	$55,209	$62,350

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.