Elutia Inc. (NASDAQ:ELUT)
Insiders here have filed 6 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Keeps a healthy share of every dollar it sells.
- Revenue
- $12.1M
- Net income
- $51.8M
- Net margin
- 426.9%
A manageable debt load.
- Total debt
- $10.8M
- Cash
- $19.9M
- Debt / equity
- 0.69
Comfortably covers what is due within a year.
- Current assets
- $37.2M
- Current liabilities
- $21.0M
- Current ratio
- 1.77
Consumes cash and must keep raising it.
- Operating cash flow
- -$44.0M
- Free cash flow
- -$45.5M
- FCF margin
- -374.8%
Burning cash with under a year of runway — expect a raise.
- Shares outstanding
- 43.6M
- Share growth (1y)
- 4.4%
- Cash runway
- 5 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
ELUT Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 2.43 M | 3.11 M | 3.27 M | 3.32 M | 6.26 M | 6.03 M |
| Revenue Growth (YoY) | -61.25 % | -48.36 % | -40.18 % | -43.89 % | -0.45 % | -9.92 % |
| Cost of Revenue | 980.00 K | 1.31 M | 1.36 M | 1.47 M | 3.21 M | 3.57 M |
| Gross Profit | 1.45 M | 1.80 M | 1.91 M | 1.85 M | 3.06 M | 2.46 M |
| SG&A Expense | 4.82 M | 5.57 M | 1.35 M | 5.12 M | 7.47 M | 6.90 M |
| R&D Expense | 2.53 M | 1.97 M | 1.22 M | 1.09 M | 1.46 M | 905.00 K |
| Operating Expenses | 9.40 M | 7.54 M | 7.41 M | 6.21 M | 12.93 M | 10.38 M |
| Operating Income | -7.96 M | -5.74 M | -5.49 M | -4.36 M | -9.88 M | -7.92 M |
| Pretax Income | -7.64 M | -7.82 M | -6.52 M | -375.00 K | -9.60 M | -3.92 M |
| Tax Provision | 8.00 K | 70.00 K | -11.00 K | 8.00 K | 8.00 K | 8.00 K |
| Net Income | -7.65 M | -7.47 M | 70.79 M | -3.87 M | -9.61 M | -3.93 M |
| EPS (Basic) | -0.18 | -0.17 | 1.66 | -0.01 | -0.23 | -0.10 |
| EPS (Diluted) | -0.18 | -0.17 | 1.48 | -0.19 | -0.26 | -0.21 |
| Shares Outstanding | 43.62 M | 43.00 M | 42.72 M | 40.97 M | 41.78 M | 38.62 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.