ELUTIA INC.

For the period ended Sep 30, 2026. Filed Nov 10, 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.

Sep 30, 2026 · Filed Nov 10, 2026

ELUT$0.93+11.6%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Balance Sheets

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


· · September 30, · · December 31, ·
· · 2026 · · 2025 ·
Assets
Current assets:
Cash and cash equivalents	$29,093	$36,350
Accounts receivable, net	1,466	1,734
Inventory	272	438
Insurance receivables of litigation costs	2,527	4,846
Prepaid expenses and other current assets	809	2,271
Divestiture proceeds receivable	8,000	8,000
Current assets of discontinued operations	—	2,179
Total current assets	42,167	55,818

Property and equipment, net	2,830	2,511
Intangible assets, net	720	1,529
Operating lease right-of-use assets and other	2,476	2,492
Total assets	$48,193	$62,350

Liabilities and Stockholders’ Equity

Current liabilities:
Accounts payable	$2,370	$4,791
Accrued expenses	4,592	4,352
Current portion of revenue interest obligation	4,325	4,400
Contingent liability for legal proceedings	3,465	11,241
Other current liabilities	1,278	355
Total current liabilities	16,030	25,139

Long-term debt, net	8,098	—
Long-term revenue interest obligation	—	2,828
Warrant and derivative liabilities	4,201	3,124
Long-term operating lease liabilities	3,608	3,587
Other long-term liabilities	931	—
Total liabilities	32,868	34,678

Commitments and contingencies (Note 10)

Stockholders’ equity (deficit):
Class A Common stock, $0.001 par value per share, 200,000,000 shares authorized as of September 30, 2026 and December 31, 2025, and 44,397,650 and 42,784,848 shares issued and outstanding as of September 30, 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 September 30, 2026 and December 31, 2025 and no shares issued and outstanding as of September 30, 2026 and December 31, 2025	—	—
Additional paid-in capital	207,894	203,842
Accumulated deficit	(192,613)	(176,213)
Total stockholders’ equity	15,325	27,672
Total liabilities and stockholders' equity	$48,193	$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.