ELUTIA INC.
For the period ended Sep 30, 2026. Filed Nov 10, 2026.
View on SEC.govAbout 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
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes in Stockholders’ Equity (Deficit)
(In Thousands, Except Share Amounts)
| | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Class A · · Class B · · · · · · · · · | |||||||||||||||||||
| · · Common Stock · · Common Stock · · · · · · · · | |||||||||||||||||||
| · · · · · · · · · · · · Additional · · · · · Total | |||||||||||||||||||
| · · Number of · · · · · Number of · · · · · Paid-in · · Accumulated · · Stockholders' | |||||||||||||||||||
| · · Shares · · Amount · · Shares · · Amount · · Capital · · Deficit · · Equity (Deficit) | |||||||||||||||||||
| Balance, June 30, 2026 | 44,289,230 | | $44 | | — | | $— | | $207,030 | | $(191,328) | | $15,746 | ||||||
| Exercise of stock options | | 3,542 | | | — | | — | | | — | | | 3 | | | — | | | 3 |
| Issuance of common stock under Employee Stock Purchase Plan | | 38,647 | | | — | | — | | | — | | | 26 | | | — | | 26 | |
| Vesting of restricted stock units, net of shares withheld and taxes paid | | 66,231 | | | — | | — | | | — | | | (25) | | | — | | | (25) |
| Stock-based compensation | — | | | — | | — | | | — | | | 860 | | | — | | 860 | ||
| Net loss | — | | | — | | — | | | — | | | — | | | (1,285) | | (1,285) | ||
| Balance, September 30, 2026 | 44,397,650 | | $44 | | — | | $— | | $207,894 | | $(192,613) | | $15,325 | ||||||
| | | | | | | | | | | | | | | | | | | | |
| Balance, June 30, 2025 | 38,081,935 | | $38 | | 4,313,406 | | $4 | | $201,251 | | $(243,136) | | $(41,843) | ||||||
| Issuance of common stock under Employee Stock Purchase Plan | | 27,710 | | | — | | — | | | — | | | 32 | | | — | | 32 | |
| Vesting of restricted stock units, net of shares withheld and taxes paid | | 127,115 | | | — | | — | | | — | | | (58) | | | — | | | (58) |
| Stock-based compensation | | — | | | — | | — | | | — | | | 1,981 | | | — | | | 1,981 |
| Conversion of Class B Common Stock to Class A Common Stock | | 1,962,160 | | | 2 | | (1,962,160) | | | (2) | | | — | | | — | | | — |
| Exercise of Prefunded Warrants | | — | | | — | | — | | | — | | | (162) | | | — | | | (162) |
| Net loss | | — | | | — | | — | | | — | | | — | | | (3,868) | | | (3,868) |
| Balance, September 30, 2025 | 40,198,920 | | $40 | | 2,351,246 | | $2 | | $203,044 | | $(247,004) | | $(43,918) | ||||||
| | | | | | | | | | | | | | | | | | | | |
| | | Class A | | Class B | | | | | | | | | | ||||||
| | | Common Stock | | Common Stock | | | | | | | | | |||||||
| | | | | | | | | | | | | Additional | | | | | Total | ||
| | | Number of | | | | | Number of | | | | | Paid-in | | Accumulated | | Stockholders' | |||
| | | Shares | | Amount | | Shares | | Amount | | Capital | | Deficit | | Equity (Deficit) | |||||
| Balance, December 31, 2025 | 42,784,848 | | $43 | | — | | $— | | $203,842 | | $(176,213) | | $27,672 | ||||||
| Exercise of stock options | | 8,730 | | | — | | — | | | — | | | 7 | | | — | | 7 | |
| Issuance of common stock under Employee Stock Purchase Plan | | 87,488 | | | — | | — | | | — | | | 71 | | | — | | | 71 |
| Vesting of restricted stock units, net of shares withheld and taxes paid | | 217,816 | | | — | | — | | | — | | | (111) | | | — | | | (111) |
| Warrants exercise, net of administrative costs | | 1,298,768 | | | 1 | | — | | | — | | 1,389 | | — | | 1,390 | |||
| Stock-based compensation | | — | | | — | | — | | | — | | | 2,696 | | | — | | | 2,696 |
| Net loss | — | | | — | | — | | | — | | | — | | | (16,400) | | (16,400) | ||
| Balance, September 30, 2026 | 44,397,650 | | $44 | | — | | $— | | $207,894 | | $(192,613) | | $15,325 | ||||||
| | | | | | | | | | | | | | | | | | | | |
| Balance, December 31, 2024 | 30,897,232 | | $31 | | 4,313,406 | | $4 | | $183,298 | | $(229,593) | | $(46,260) | ||||||
| Issuance of common stock in connection with registered direct offering, net of issuance costs of $1.2 million | | 5,520,000 | | | 6 | | — | | | — | | | 12,590 | | | — | | 12,596 | |
| Issuance of common stock as payment under revenue interest obligation | | 1,105,528 | | | 1 | | — | | | — | | | 2,199 | | | — | | | 2,200 |
| Issuance of common stock as payment of interest | | 50,000 | | | — | | — | | | — | | | 83 | | | — | | | 83 |
| Conversion of Class B Common Stock to Class A Common Stock | | 1,962,160 | | | 2 | | (1,962,160) | | | (2) | | | — | | | — | | | — |
| Exercise of Prefunded Warrants | | 249,910 | | | — | | — | | | — | | | 727 | | | — | | 727 | |
| Issuance of common stock under Employee Stock Purchase Plan | | 59,268 | | | — | | — | | | — | | 112 | | — | | 112 | |||
| Vesting of restricted stock units, net of shares withheld and taxes paid | | 354,822 | | | — | | — | | | — | | | (307) | | | — | | | (307) |
| Stock-based compensation | — | | | — | | — | | | — | | | 4,342 | | | — | | 4,342 | ||
| Net loss | — | | | — | | — | | | — | | | — | | | (17,411) | | (17,411) | ||
| Balance, September 30, 2025 | 40,198,920 | | $40 | | 2,351,246 | | $2 | | $203,044 | | $(247,004) | | $(43,918) | ||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.