Flagship explainer

How ELUTIA INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$12.3M · 100%Cost of revenue$5.7M · 46%Gross profit$6.6M · 54%Operating income−$26.9M · −219%Income before tax−$15.9M · −129%Income tax$13000 · 0%Net income$53.4M · 434%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$12.3M100%
Cost of revenue$5.7M46%
$6.6M54%
−$26.9M−219%
Income before tax−$15.9M−129%
Income tax$130000%
$53.4M434%
Source: · event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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