Microcap Ledger

Tickers · $ELUT

Elutia Inc. $ELUT

By Microcap Ledger desk · CIK 0001708527

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Biological Products, (No Diagnostic Substances)
Headquarters
Silver Spring, MD
Fiscal year end
December 31

Sources: [10-K 2026-03-13]

What the company doesAI summary of filing

Elutia Inc. develops and commercializes drug-eluting biomatrix products for surgical reconstruction and related applications. The company sells biologic matrix products including SimpliDerm (human acellular dermal matrix for soft tissue reconstruction) and cardiovascular repair products (ProxiCor, VasCure, and Tyke) through independent sales agents to U.S. healthcare facilities. The company is advancing its lead development programs, NXT-41 and NXT-41x, which are next-generation biologic scaffolds combined with local antibiotic delivery intended for reconstructive surgery applications; the company anticipates FDA clearance of NXT-41 in the second half of 2026 and NXT-41x by mid-2027. Elutia is revenue-generating from its commercial product portfolio and development-stage with respect to its pipeline programs. [10-K 2026-03-13]

Segments: SimpliDerm (women's health/soft tissue reconstruction), Cardiovascular products (ProxiCor, VasCure, Tyke), NXT-41 and NXT-41x (development-stage drug-eluting biomatrix)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$5.54M−$15.12M −$16.29M$19.90M[10-Q 2026-08-14]
FY ended Dec 2025$12.29M$53.38M −$44.81M$36.35M[10-K 2026-03-13]
FY ended Dec 2024$14.47M−$53.95M −$22.66M$13.24M[10-K 2026-03-13]
Quarterly cash burn
−$8.15M
Cash runway Estimate
~7.3 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Shelf registration
S-3 filed 2025-03-18; declared effective 2025-04-07 [S-3 2025-03-18]

Listing status

Current status: 3 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-08-07. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2026-08-078-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-08-07]
2026-01-028-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-01-02]
2025-11-128-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-11-12]

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-09-10Williams Michelle Lerouxexercise12,500—[4 2026-09-14]
2026-09-10Williams Michelle Lerouxother4,269$0.80[4 2026-09-14]
2026-09-10Ferguson Matthewexercise12,500—[4 2026-09-14]
2026-09-10Ferguson Matthewother4,486$0.80[4 2026-09-14]
2026-09-10Mills C Randalexercise27,083—[4 2026-09-14]
2026-09-10Mills C Randalother9,718$0.80[4 2026-09-14]
2026-06-21Mills C Randalexercise22,473—[4 2026-06-22]
2026-06-21Mills C Randalother8,064$1.06[4 2026-06-22]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.