Equillium, Inc. (EQ) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 62.27M | 30.28M | 33.58M | 11.95M | 16.22M | 24.98M | 33.65M | 41.89M | 42.48M | 49.35M | 53.91M | 57.36M | 70.22M | 76.73M | 46.78M | 60.48M | 72.08M | 83.37M | 92.17M | 99.57M |
| Cash & Short-Term Investments | 61.32M | 30.28M | 33.12M | 11.49M | 14.5M | 22.57M | 25.88M | 33.3M | 32.28M | 40.87M | 46.31M | 48.38M | 61.99M | 71.02M | 44.52M | 57.56M | 68.82M | 80.71M | 90.69M | 97.64M |
| Cash Only | 61.32M | 30.28M | 33.12M | 11.49M | 14.5M | 18.09M | 15.45M | 11.06M | 11.57M | 23.22M | 34.38M | 25.62M | 24.5M | 59.11M | 25.73M | 23.81M | 26.24M | 50.37M | 77.16M | 73.53M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 4.49M | 10.43M | 22.24M | 20.72M | 17.65M | 11.92M | 22.75M | 37.49M | 11.92M | 18.79M | 33.75M | 42.58M | 30.34M | 13.54M | 24.12M |
| Accounts Receivable | 0 | 108K | 0 | 35K | 1.04M | 1.14M | 6.21M | 6.99M | 8.49M | 6.29M | 3.77M | 3.74M | 3.42M | 4.11M | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | 76.97 | 49.92 | 50.85 | 62.9 | 50.22 | 38.96 | 35.74 | 38.2 | 24.01 | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 953K | -108K | 459K | 37K | 36K | 429K | 381K | 317K | 275K | 235K | 3.84M | 5.24M | 4.8M | 8K | 2.25M | 2.92M | 3.26M | 0 | 1.48M | 1.92M |
| Total Non-Current Assets | 808K | 658K | 927K | 447K | 513K | 626K | 811K | 974K | 1.12M | 1.18M | 1.31M | 1.41M | 1.57M | 1.69M | 1.85M | 1.99M | 2.15M | 2.04M | 300K | 271K |
| Property, Plant & Equipment | 781K | 658K | 927K | 447K | 513K | 626K | 766K | 921K | 1.05M | 1.11M | 1.24M | 1.32M | 1.47M | 1.58M | 1.74M | 1.87M | 2M | 1.88M | 243K | 254K |
| Fixed Asset Turnover | - | - | - | - | - | 6.31x | 14.42x | 14.02x | 9.87x | 7.85x | 6.94x | 6.53x | 5.81x | 9.48x | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 27K | 0 | 0 | 0 | 0 | 0 | 45K | 53K | 62K | 70K | 79K | 87K | 96K | 104K | 113K | 121K | 145K | 153K | 57K | 17K |
| Total Assets | 63.08M | 31.89M | 34.51M | 12.4M | 16.73M | 25.6M | 34.46M | 42.86M | 43.6M | 50.53M | 55.23M | 58.76M | 71.79M | 78.42M | 48.63M | 62.47M | 74.23M | 85.41M | 92.47M | 99.84M |
| Asset Turnover | - | - | - | - | - | 0.15x | 0.31x | 0.32x | 0.23x | 0.17x | 0.16x | 0.14x | 0.12x | 0.25x | - | - | - | - | - | - |
| Asset Growth % | 277.09% | 24.54% | 0.14% | -71.07% | -61.63% | -49.33% | -37.61% | -27.06% | -39.27% | -35.57% | 13.56% | -5.94% | -3.29% | -8.18% | -47.41% | -37.43% | -30.52% | -0.03% | 0.09% | 125.57% |
| Total Current Liabilities | 3.35M | 2.93M | 3.09M | 7.23M | 6M | 6.36M | 11.06M | 20.17M | 22.21M | 27.57M | 28.2M | 25.22M | 32.02M | 32.04M | 14.93M | 15.19M | 13.11M | 8.91M | 7.78M | 4.98M |
| Accounts Payable | 1.29M | 755K | 1.08M | 4.81M | 3.06M | 2.68M | 3.67M | 4.49M | 2.78M | 4.71M | 3.63M | 3.03M | 5.69M | 3.98M | 2.47M | 5.09M | 4.21M | 1.23M | 2.67M | 1.82M |
| Days Payables Outstanding | 3.84K | 3.67K | - | 11.19K | - | - | - | - | 10.64K | 11.63K | - | 12.8K | - | - | - | - | - | - | - | - |
| Short-Term Debt | 441K | 363K | 272K | 0 | 0 | 0 | 274K | 0 | 0 | 440K | 0 | 416K | 5.71M | 5.71M | 6.13M | 4.72M | 3.28M | 1.43M | 1.25M | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 2.07M | 8.43M | 13.36M | 15.73M | 15.83M | 14.24M | 14.77M | 14.7M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.61M | 1.82M | 1.74M | 0 | 0 | 2.68M | 2.49M | 0 | 4.55M | 3.64M | 0 | 5.7M | 0 | 0 | 3.41M | 3.06M | 4.01M | 3.38M | 1.57M | 1.39M |
| Current Ratio | 18.62x | 10.32x | 10.85x | 1.65x | 2.70x | 3.93x | 3.04x | 2.08x | 1.91x | 1.79x | 1.91x | 2.27x | 2.19x | 2.40x | 3.13x | 3.98x | 5.50x | 9.35x | 11.85x | 19.99x |
| Quick Ratio | 18.62x | 10.32x | 10.85x | 1.65x | 2.70x | 3.93x | 3.04x | 2.08x | 1.91x | 1.79x | 1.91x | 2.27x | 2.19x | 2.40x | 3.13x | 3.98x | 5.50x | 9.35x | 11.85x | 19.99x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 251K | 356K | 473K | 109K | 149K | 187K | 223K | 259K | 295K | 384K | 2.92M | 6.57M | 10.5M | 14.44M | 5.54M | 7.02M | 8.49M | 9.98M | 8.89M | 10.08M |
| Long-Term Debt | 251K | 356K | 473K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.84M | 3.24M | 4.62M | 5.99M | 7.37M | 8.75M | 8.87M | 10.07M |
| Capital Lease Obligations | 0 | 0 | 0 | 109K | 149K | 187K | 223K | 259K | 295K | 384K | 498K | 609K | 719K | 824K | 925K | 1.02M | 1.12M | 1.24M | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17K | 17K |
| Total Liabilities | 3.6M | 3.29M | 3.57M | 7.34M | 6.15M | 6.54M | 11.28M | 20.43M | 22.5M | 27.96M | 31.12M | 31.78M | 42.52M | 46.48M | 20.47M | 22.2M | 21.61M | 18.9M | 16.67M | 15.06M |
| Total Debt | 692K | 719K | 745K | 259K | 295K | 384K | 497K | 609K | 719K | 824K | 926K | 1.02M | 8.68M | 10.19M | 12.1M | 12.17M | 12.19M | 11.79M | 10.12M | 10.07M |
| Net Debt | -60.63M | -29.56M | -32.38M | -11.24M | -14.21M | -17.7M | -14.95M | -10.45M | -10.85M | -22.39M | -33.46M | -24.6M | -15.82M | -48.92M | -13.63M | -11.64M | -14.05M | -38.58M | -67.03M | -63.46M |
| Debt / Equity | 0.01x | 0.03x | 0.02x | 0.05x | 0.03x | 0.02x | 0.02x | 0.03x | 0.03x | 0.04x | 0.04x | 0.04x | 0.30x | 0.32x | 0.43x | 0.30x | 0.23x | 0.18x | 0.13x | 0.12x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.91x | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | -23.59x | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | -11.88x | -15.72x | 11.23x | -50.14x | -53.55x | -145.73x | -38.93x | -37.65x | -32.92x |
| Total Equity | 59.49M | 28.6M | 30.94M | 5.06M | 10.58M | 19.06M | 23.18M | 22.43M | 21.09M | 22.57M | 24.11M | 26.98M | 29.27M | 31.94M | 28.16M | 40.27M | 52.63M | 66.5M | 75.8M | 84.77M |
| Equity Growth % | 462.37% | 50.03% | 33.49% | -77.46% | -49.85% | -15.56% | -3.86% | -16.86% | -27.93% | -29.33% | -14.39% | -32.99% | -44.39% | -51.97% | -62.85% | -52.5% | -42.72% | -4.79% | -2.97% | 173.71% |
| Book Value per Share | 0.62 | 0.31 | 0.87 | 0.14 | 0.30 | 0.54 | 0.65 | 0.61 | 0.60 | 0.64 | 0.69 | 0.78 | 0.85 | 0.93 | 0.82 | 1.17 | 1.65 | 2.26 | 2.58 | 2.92 |
| Total Shareholders' Equity | 59.49M | 28.6M | 30.94M | 5.06M | 10.58M | 19.06M | 23.18M | 22.43M | 21.09M | 22.57M | 24.11M | 26.98M | 29.27M | 31.94M | 28.16M | 40.27M | 52.63M | 66.5M | 75.8M | 84.77M |
| Common Stock | 5K | 5K | 5K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 2K | 2K | 2K |
| Retained Earnings | -221.52M | -216.21M | -212.43M | -208.2M | -202.46M | -193.81M | -188.01M | -188.01M | -188.47M | -185.74M | -183.4M | -179.69M | -176.34M | -172.41M | -175.18M | -161.52M | -147.39M | -109.98M | -99.36M | -89.07M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 370K | 363K | 270K | 385K | 731K | 781K | -3K | 251K | 423K | 140K | 458K | 340K | 305K | 76K | 193K | -149K | -454K | -138K | -66K | -209K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |