ELUTIA INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $53.4M | $-53.9M | $-37.7M | $-32.9M | $-24.8M | $-21.8M | $-11.9M |
| Depreciation & Amortization | $2.8M | $3.5M | $3.7M | $3.7M | $3.7M | $3.9M | $3.9M |
| Depreciation | — | $100.0K | $100.0K | $100.0K | $300.0K | $500.0K | $500.0K |
| Amortization | $1.1M | $1.1M | $3.4M | $3.4M | $3.4M | $3.4M | $3.4M |
| Stock-Based Compensation | $5.2M | $7.9M | $2.4M | $3.6M | $3.5M | $779.0K | $208.0K |
| Net Cash from Operating Activities | $-44.8M | $-22.7M | $-21.8M | $-21.4M | $-15.4M | $-13.6M | $-7.2M |
| Investing Activities | |||||||
| Capital Expenditures | $1.9M | $654.0K | $346.0K | $540.0K | $369.0K | $640.0K | $577.0K |
| Business Acquisitions | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $78.6M | $-474.0K | $14.2M | $-540.0K | $-369.0K | $-640.0K | $-577.0K |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-10.6M | $17.1M | $9.8M | $8.5M | $6.7M | $51.2M | $8.0M |
| Net Change in Cash | — | — | — | — | — | — | — |
| Free Cash Flow | $-46.7M | $-23.3M | $-22.1M | $-22.0M | $-15.8M | $-14.3M | $-7.8M |