Equillium, Inc.
For the period ended Dec 31, 2024. Filed Mar 27, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 27, 2025
EQ$1.46-3.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
(In thousands)
| Year EndedDecember 31, · Year EndedDecember 31, | |||
|---|---|---|---|
| 2024 · 2023 | |||
| Operating activities: | |||
| Net loss | $(8,067) | $(13,335) | |
| Adjustments to reconcile net loss to cash used in operating activities: | |||
| Depreciation | 137 | 126 | |
| Stock-based compensation | 3,750 | 3,997 | |
| Net unrealized loss on foreign currency transactions | 794 | 58 | |
| Amortization of term loan discount and issuance costs | - | 180 | |
| Amortization of premium on investments | (754) | (914) | |
| Deferred revenue | (15,728) | (9,349) | |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | 3,735 | (897) | |
| Prepaid expenses and other current assets | 2,275 | (1,805) | |
| Accounts payable | (1,995) | 723 | |
| Accrued expenses | (3,164) | (554) | |
| Right-of-use assets and lease liabilities, net | (9) | (13) | |
| Net cash used in operating activities | (19,026) | (21,783) | |
| Investing activities: | |||
| Purchases of property and equipment | (85) | (50) | |
| Purchases of short-term investments | (17,601) | (54,712) | |
| Maturities of short-term investments | 31,500 | 50,000 | |
| Net cash provided by (used in) investing activities | 13,814 | (4,762) | |
| Financing activities: | |||
| Repayment of notes payable | - | (9,133) | |
| Proceeds from exercise of stock options | 4 | - | |
| Common stock repurchased | - | (260) | |
| Proceeds from issuance of common stock under employee stock purchase plan | 160 | 165 | |
| Net cash provided by (used in) financing activities | 164 | (9,228) | |
| Effect of exchange rate changes on cash and cash equivalents | (83) | (118) | |
| Net decrease in cash and cash equivalents | (5,131) | (35,891) | |
| Cash and cash equivalents at beginning of period | 23,216 | 59,107 | |
| Cash and cash equivalents at end of period | $18,085 | $23,216 | |
| Supplemental cash flow information: | |||
| Cash paid for interest | $ | - | $946 |
| Cash paid for income taxes | $ | - | $580 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.