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Elutia Inc (ELUT) Q4 2024 Earnings Call Highlights: Strategic Partnerships and Product Growth ... [Yahoo! Finance]

Elutia, Inc. - Class A (ELUT) 
Company Research Source: Yahoo! Finance
Full Year BioEnvelope Sales: $9.9 million, reflecting a 5% growth year-over-year. SimpliDerm Sales: $2.3 million for the quarter, down year-over-year; $11.6 million for the full year, up 12% year-over-year. Cardiovascular Sales: $0.5 million for the quarter, compared to $600,000 in the prior year quarter. Total Revenue: $5.5 million for the quarter, down 7% year-over-year; $24.4 million for the full year, down 1% from the prior year. Gross Margin: 43% for the quarter, up from 36% in the prior year; 58% excluding non-cash amortization, up from 51% in the prior year. Operating Expenses: $10.8 million for the quarter, consistent with $10.6 million in the prior year. Loss from Operations: $8.4 million for the quarter, compared to $8.5 million in the prior year. Adjusted EBITDA: Loss of $3.8 million for the quarter, improved from a $4.5 million loss in the prior year. Cash Position: $13.2 million at the end of the quarter. Post-Quarter Cash Raise: $15 million raised in g Show less Read more
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