Elutia, Inc. (NASDAQ:ELUT) Q4 2023 Results Conference Call March 7, 2024 4:30 PM ET Company Participants Matt Steinberg - Finn Partners Randy Mills - President and Chief Executive Officer Matt Ferguson - Chief Financial Officer Conference Call Participants Frank Takkinen - Lake Street Capital Markets Ross Osborn - Cantor Fitzgerald Operator Greetings. Welcome to the Elutia Fourth Quarter and Full-Year 2023 Financial Results Call. At this time, all participants are in a listen-only mode. A question-and-answe ...

Exhibit 99.1 Elutia Reports Fourth Quarter and Full Year 2023 Financial Results: Anticipates CanGarooRM Clearance Decision in First Half of 2024 SILVER SPRING, Md., March 7, 2024 — Elutia Inc. (Nasdaq: ELUT) ("Elutia" or the "Company") today provided a business update and reported financial results for the fourth quarter and full year ended December 31, 2023. Business Highlights: "After years of pioneering development, we are on the verge of introducing the drug-eluting biomatrix that promises to remove com ...

Elutia, Inc. (NASDAQ:ELUT) Q3 2023 Results Conference Call November 13, 2023 4:30 PM ET Company Participants David Carey - Finn Partners Randy Mills - President and Chief Executive Officer Matt Ferguson - Chief Financial Officer Conference Call Participants Ross Osborn - Cantor Fitzgerald Frank Takkinen - Lake Street Capital Markets Operator Greetings. Welcome to the Elutia Q3 2023 Financial Results Call. [Operator Instructions]. Please note this conference is being recorded. I will now turn the conference ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39577 Elutia Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...

Financial Data and Key Metrics Changes - For Q2 2023, the company generated net sales of $10.3 million, a decrease from $12.6 million in the same period last year, impacted by a $3 million revenue reversal due to the viable bone matrix recall [30][31] - Gross profit for Q2 2023 was $1 million, with a gross margin of 9.5%, significantly down due to the recall, which decreased gross profit by $5 million and gross margin by 35 percentage points [31][32] - The net loss for Q2 2023 was $10.6 million, compared to a net loss of $9.4 million in the prior year [39] Business Line Data and Key Metrics Changes - The SimpliDerm product line saw a 32% increase in sales compared to Q2 2022, while sales of the CanGaroo product line remained consistent despite a reduction in sales headcount [36] - The Cardiovascular product line, now under LeMaitre Vascular, experienced a significant increase in volume, although this was primarily due to distributor transfer pricing rather than end-user pricing [37] Market Data and Key Metrics Changes - The company expects cash burn to increase in the current quarter due to the loss of revenue from viable bone matrix products, but anticipates moderating this impact through optimization efforts and growth in SimpliDerm and CanGaroo [33] Company Strategy and Development Direction - Aziyo is transforming into a drug-eluting biomatrix company, focusing on high-value assets like CanGaroo and SimpliDerm [14][16] - The company has signed an exclusive distribution partnership with LeMaitre Vascular for its Cardiovascular product lines, which is off to a strong start [14] - Aziyo is in the process of divesting its Orthopedics business, having received strong interest and negotiating multiple letters of intent [15] Management's Comments on Operating Environment and Future Outlook - Management emphasized patient safety as a priority following the recall of viable bone matrix products and is cooperating with health authorities for further investigation [10][11] - The approval of CanGaroo RM is seen as a significant opportunity, potentially creating several hundred million dollars of value for the company [20][28] - The company is optimistic about the partnerships with LeMaitre and Sientra, expecting them to enhance sales and market coverage [42][43] Other Important Information - The company is working on obtaining FDA clearance for CanGaroo RM, with expectations to submit updated information by the end of the year [28] Q&A Session Summary Question: Does the $3 million revenue reversal reflect an entire quarter's worth of revenue for the viable bone matrix? - Yes, the recall reflected the outstanding viable bone matrix product for the quarter, and this is a good assumption for ongoing revenue reduction [41] Question: How are the sales teams of LeMaitre and Sientra performing? - LeMaitre is further ahead in the transition process and performing well, while Sientra is just starting to launch products [42] Question: What is the status of the relationship with Boston Scientific regarding CanGaroo? - There has been positive interaction and recognition of CanGaroo's clinical benefits, leading to further collaboration between Aziyo and Boston Scientific [46]

Forward-Looking Statements This presentation may also contain statistical data, estimates and/or other information or data made by independent parties and/or by us relating to market size and growth, as well about our industry and business. Any such data or information that is based on estimates, forecasts, projections, market research, or similar methodologies, involve a number of assumptions and limitations and are inherently subject to uncertainties, and we have not independently verified the accuracy or ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39577 Aziyo Biologics, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdictio ...

Aziyo Biologics, Inc. (AZYO) Q1 2023 Earnings Conference Call May 10, 2023 4:30 PM ET Company Participants Matt Steinberg - Investor Relations Randy Mills - Chief Executive Officer Matt Ferguson - Chief Financial Officer Conference Call Participants Ross Osborn - Cantor Operator Good day, ladies and gentlemen. Welcome to the Aziyo Biologics First Quarter 2023 Financial Results Conference Call. [Operator Instructions] Please be advised that today’s conference call is being recorded. I would now like to hand ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39577 Aziyo Biologics, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdicti ...

Aziyo Biologics, Inc. (AZYO) Q4 2022 Earnings Conference Call March 22, 2023 4:30 PM ET Company Participants Matt Steinberg - Investor Relations, FINN Partners Randy Mills - Chief Executive Officer Matt Ferguson - Chief Financial Officer Conference Call Participants Ross Osborn - Cantor Fitzgerald Josh Jennings - TD Cowen & Company Operator Good day, ladies and gentlemen, and welcome to the Aziyo Biologics Fourth Quarter and Full Year 2022 Financial Results Call. At this time, all participants are in a list ...