---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-031918"
form_type: "8-K"
ticker: "ELUT"
cik: "0001708527"
company_name: "ELUTIA INC."
filed_at: "2024-03-07T23:59:59+00:00"
generated_at: "2026-06-05T01:40:08.658650+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Elutia reports FY23 net loss $37.7M, cash $19.3M; CanGarooRM 510(k) decision expected H1 2024

## Summary
- Full year net sales $24.7M vs $23.8M; SimpliDerm up 38%, CanGaroo up 3.4%.
- GAAP gross margin 45%; adjusted gross margin 58%; net loss $37.7M vs $32.9M.
- Adjusted EBITDA loss improved to $14.6M from $22.9M.
- Cash $19.3M as of Dec 31, 2023; proceeds $14.6M from orthobiologics divestiture.
- FDA 510(k) decision for CanGarooRM expected in first half 2024; no additional data requested.

## SEC filing metadata
- accession: 0001104659-24-031918
- form_type: 8-K
- ticker: ELUT
- cik: 0001708527
- company_name: ELUTIA INC.
- filed_at: 2024-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1708527/000110465924031918/0001104659-24-031918-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1708527/000110465924031918/tm248252d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-031918
- JSON: https://secwatch.observer/filing/0001104659-24-031918.json
- Plain text: https://secwatch.observer/filing/0001104659-24-031918.txt

## Key facts
- Earnings Releases
  ELUTIA INC. reported financial results for the fourth quarter and full year ended December 31, 2023.
  - Period: the fourth quarter and full year ended December 31, 2023
  - Result: reported results
  source text: issued a press release announcing its results for the fourth quarter and full year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1708527/000110465924031918/0001104659-24-031918-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.