For the quarter ending 2026-03-31, EQ had $31,045K increase in cash & cash equivalents over the period. -$4,304K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -5,311 | -3,775 | -4,230 | -14,393 |
| Depreciation | 24 | 23 | 28 | 65 |
| Loss on disposal of property and equipment | - | -19 | - | - |
| Stock-based compensation | 930 | 737 | 401 | 1,184 |
| Net unrealized loss (gain) on foreign currency transactions | -7 | -57 | 112 | 419 |
| Amortization of investments, net | - | 0 | 0 | 14 |
| Prepaid expenses and other current assets | 192 | 321 | -8 | -1,576 |
| Accounts payable | 434 | -33 | -4,030 | 2,126 |
| Accrued expenses | -257 | 91 | -475 | -1,301 |
| Right-of-use assets and lease liabilities, net | -64 | -69 | 21 | 6 |
| Net cash used in operating activities | -4,301 | -3,133 | -8,431 | -11,182 |
| Proceeds from disposal of property and equipment | - | 12 | - | - |
| Maturities of short-term investments | - | 0 | 0 | 4,500 |
| Purchases of property and equipment | 3 | 44 | 0 | 4 |
| Net cash (used in) provided by investing activities | -3 | -32 | 0 | 4,496 |
| Proceeds from exercise of stock options | 448 | 604 | 1,194 | 38 |
| Proceeds from issuance of common stock | - | -137 | 782 | 37 |
| Proceeds from a private placement of common stock and pre-funded warrants, net of issuance costs | 34,898 | -184 | 28,093 | - |
| Net cash provided by financing activities | 35,346 | 283 | 30,069 | 75 |
| Effect of exchange rate changes on cash and cash equivalents | 3 | 39 | -13 | 21 |
| Net decrease in cash and cash equivalents | 31,045 | -2,843 | 21,625 | -6,590 |
| Cash and cash equivalents at beginning of period | 30,277 | 33,120 | 18,085 | - |
| Cash and cash equivalents at end of period | 61,322 | 30,277 | 33,120 | - |
Equillium, Inc. (EQ)
Equillium, Inc. (EQ)