EQ - NASDAQ
Equillium, Inc.
$3.15
-1.6%Equillium, Inc., a clinical-stage biotechnology company, develops and sells products to treat severe autoimmune and inflammatory, or immuno-inflammatory disorders with unmet medical need. The company's lead product candidate is itolizumab (EQ001), a clinical-stage monoclonal antibody that targets the novel immune checkpoint receptor CD6, which is in Phase III clinical trials for the treatment of acute graft-versus-host disease; completed Phase Ib clinical trial for the treatment of asthma disease; and Phase Ib clinical trial for the treatment of and lupus nephritis. It also develops EQ101 for treatment of cutaneous T cell lymphoma and alopecia areata; and EQ102 to treat various gastrointestinal diseases. The company was formerly known as Attenuate Biopharmaceuticals, Inc. and changed its name to Equillium, Inc. in May 2017. Equillium, Inc. was incorporated in 2017 and is headquartered in La Jolla, California.
At a Glance
Live SnapshotEquillium, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
Equillium, Inc. Cash Flow Statement
EQ • NASDAQ
| Equillium, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 |
|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||||
-22.4M | -8.1M | -13.3M | -62.4M | -39.1M | -29.8M | -25.6M | -13.3M | -2.3M | |
116K | 137K | 126K | 118K | 72K | 45K | 23K | 6.1K | 122.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 554K | -269K | -382K | 0.0 | 0.0 | |
2.3M | 3.8M | 4M | 4.8M | 4.4M | 3.8M | 2.3M | 441.9K | 0.0 | |
-469K | -15.7M | -10M | 48.7M | 237K | 341K | 47K | 5M | 1.2M | |
(0.0) | (0.0) | (580K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-2.3M | 842K | -2.5M | 19K | 1.7M | 1.3M | 711K | 301K | 434.6K | |
-22.7M | -19M | -21.8M | -8.7M | -32.1M | -24.6M | -22.9M | -7.5M | -662.2K | |
INVESTING ACTIVITIES | |||||||||
-48K | -85K | -50K | -279K | -57K | -202K | -74K | -34.9K | -2.2K | |
(12K) | (0.0) | (0.0) | (700K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
(0.0) | -17.6M | -54.7M | -15M | -33M | -55.5M | -54.6M | -37.4M | (0.0) | |
4.5M | 31.5M | 50M | 33.2M | 60.5M | 37.1M | 52.5M | 0.0 | 0.0 | |
(4.5M) | (13.8M) | -4.8M | (18.7M) | (27.4M) | -18.6M | -2.2M | -37.4M | -2.2K | |
FINANCING ACTIVITIES | |||||||||
30.4M | 164K | -260K | 0.0 | 29.9M | 53.8M | -156K | 64.5M | 100.0 | |
0.0 | 0.0 | -9.1M | -1.4M | 0.0 | 0.0 | 9.9M | 1.6M | 7.8M | |
(0.0) | (0.0) | -260K | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
0.0 | 0.0 | 165K | 214K | 1.2M | 163K | 111K | 291.6K | 0.0 | |
30.4M | 164K | -9.2M | -1.2M | 31.1M | 53.9M | 9.8M | 66.4M | 7.8M | |
CASH FLOW SUMMARY | |||||||||
47K | -83K | -118K | 5K | -2K | 34K | -10K | 0.0 | 0.0 | |
12.2M | -5.1M | -35.9M | 8.7M | 26.4M | 10.8M | -15.3M | 21.4M | 7.1M | |
18.1M | 23.2M | 59.1M | 50.4M | 24M | 13.2M | 28.5M | 7.1M | 0.0 | |
30.3M | 18.1M | 23.2M | 59.1M | 50.4M | 24M | 13.2M | 28.5M | 7.1M | |
-22.8M | -19.1M | -21.8M | -9M | -32.1M | -24.8M | -23M | -7.6M | -664.4K |
SEC Filings
EQ - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 29, 2026 | May 28, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 13, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 13, 2026 | May 13, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 15, 2026 | May 28, 2026 | 2026 | |
S-3 S-3 N/A | April 07, 2026 | April 07, 2026 | ||
10-K 10-K 2025 FY FY | March 25, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 25, 2026 | March 25, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 13, 2026 | March 11, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 13, 2025 | November 13, 2025 | 2025 | |
S-3 S-3 N/A | November 13, 2025 | November 13, 2025 |
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Analyst Expectations
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