Quick Answer
ELUTIA INC. reported R&D Expense of $4.16 million for fiscal year 2025.
ELUTIA INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $4.16M | +38.9% |
| 2024 | $3.00M | -31.8% |
| 2023 | $4.40M | -43.1% |
| 2022 | $7.73M | -16.6% |
| 2021 | $9.27M | +55.6% |
| 2020 | $5.95M | +148.1% |
| 2019 | $2.40M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $1.09M | +55.0% | -25.3% |
| June 30, 2025 | $1.46M | +45.5% | +60.9% |
| March 31, 2025 | $905.0K | -22.8% | +28.9% |
| September 30, 2024 | $702.0K | +26.0% | -29.9% |
| June 30, 2024 | $1.00M | +15.2% | -14.6% |
| March 31, 2024 | $1.17M | -26.3% | +110.4% |
| September 30, 2023 | $557.0K | -67.7% | -35.9% |
| June 30, 2023 | $869.0K | -66.8% | -45.4% |
- ELUTIA INC. showed an increase of +38.9% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2025 period, ELUTIA INC.’s r&d expense has grown by 73.5% (from $2.40 million to $4.16 million).
- The most recent figure is from ELUTIA INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 13, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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