| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 33,120 | 11,495 | ||
| Short-term investments | 0 | 0 | ||
| Prepaid expenses and other current assets | 459 | 457 | ||
| Total current assets | 33,579 | 11,952 | ||
| Operating lease right-of-use assets | 753 | 246 | ||
| Property and equipment, net | 174 | 201 | ||
| Total assets | 34,506 | 12,399 | ||
| Accounts payable | 1,082 | 4,812 | ||
| Accrued expenses | 1,740 | 2,272 | ||
| Current portion of operating lease liabilities | 272 | 150 | ||
| Total current liabilities | 3,094 | 7,234 | ||
| Long-term operating lease liabilities | 473 | 109 | ||
| Total liabilities | 3,567 | 7,343 | ||
| Common stock, 0.0001 par value 200,000,000 shares authorized as of september 30, 2025 and december 31, 2024 60,676,837 and 35,557,563 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 5 | 3 | ||
| Additional paid-in capital | 243,094 | 212,868 | ||
| Accumulated other comprehensive income | 270 | 385 | ||
| Accumulated deficit | -212,430 | -208,200 | ||
| Total stockholders' equity | 30,939 | 5,056 | ||
| Total liabilities and stockholders' equity | 34,506 | 12,399 | ||
Equillium, Inc. (EQ)
Equillium, Inc. (EQ)