ELUTIA INC
For the period ended Mar 31, 2024. Filed May 13, 2024.
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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, 2024 · Filed May 13, 2024
ELUT$0.84-0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(In Thousands, Except Share and Per Share Data)
| | | | | | | | | |
|---|---|---|---|---|---|---|---|---|
| · · Three Months Ended · · | ||||||||
| · · March 31, · · | ||||||||
| · 2024 · 2023 | ||||||||
| Net sales | | $6,694 | | $6,392 | | | ||
| Cost of goods sold | | 3,851 | | 3,018 | | | ||
| Gross profit | | 2,843 | | 3,374 | | | ||
| Sales and marketing | | 3,309 | | 4,691 | | | ||
| General and administrative | | 5,056 | | 3,520 | | | ||
| Research and development | | 1,172 | | 1,591 | | | ||
| FiberCel litigation costs, net | | | 1,785 | | | 1,911 | | |
| Total operating expenses | | | 11,322 | | | 11,713 | | |
| Loss from operations | | (8,479) | | (8,339) | | | ||
| Interest expense | | 1,313 | | 1,430 | | | ||
| Loss on revaluation of warrant liability | | | 9,637 | | | — | | |
| Gain on revaluation of revenue interest obligation | | (1,443) | | — | | | ||
| Loss before provision for income taxes | | (17,986) | | (9,769) | | | ||
| Income tax expense | | 8 | | 12 | | | ||
| Net loss from continuing operations | | | (17,994) | | | (9,781) | | |
| Income from discontinued operations | | | — | | | 1,807 | | |
| Net loss | | $(17,994) | | $(7,974) | | | ||
| | | | | | | | | |
| Net loss from continuing operations per share - basic and diluted | | $(0.75) | | $(0.61) | | | ||
| Net income from discontinued operations per share - basic and diluted | | $— | | $0.11 | | | ||
| Net loss - basic and diluted | | $(0.75) | | $(0.49) | | | ||
| | | | | | | | | |
| Weighted average common shares outstanding - basic and diluted | | 23,912,326 | | 16,149,567 | | | ||
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