Elutia 1Q FY26 net loss widens to $7.5 million; net sales rise 6% to $3.1 million
Elutia Inc Class A
Elutia Inc Class A ELUT | 0.00 |
- Elutia posted 1Q 2026 net sales of USD 3.1 million, up 6%.
- Net loss widened to USD 7.5 million; adjusted EBITDA loss widened to USD 4.4 million.
- GAAP gross margin rose 11.1 percentage points to 57.9%; adjusted gross margin increased 10.6 percentage points to 66.5%.
- Cash on hand was USD 28.5 million; cash plus escrow totaled USD 36.5 million, including USD 8 million tied to the BioEnvelope divestiture expected to release in 4Q 2026.
- NXT-41 clearance remained on track for 4Q 2026, with NXT-41x submission planned for 4Q 2026 and clearance anticipated in 1H 2027.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Elutia Inc. published the original content used to generate this news brief on May 14, 2026, and is solely responsible for the information contained therein.
