Xanthoma is when fatty deposits called cholesterol accumulate in your skin in different parts of your body like your elbows, knees, and feet. It can look like yellow or orange bumps or spots. This happens when there is too much cholesterol in your blood, either because your liver is making too much or because you're not processing it properly. Xanthoma can be a sign of a medical condition like high cholesterol, diabetes, or an underactive thyroid. It's important to go to the doctor if you notice any weird spots or bumps on your skin so they can figure out what's going on and give you the right treatment.