Equillium, Inc.
For the period ended Sep 30, 2025. Filed Nov 13, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 13, 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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Condensed Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share and per share data)
| Three months EndedSeptember 30, · Nine months EndedSeptember 30, | ||||||
|---|---|---|---|---|---|---|
| 2025 · 2024 · 2025 · 2024 | ||||||
| Revenue | $ | - | $12,161 | $ | - | $36,703 |
| Operating expenses: | ||||||
| Research and development | 1,301 | 9,562 | 11,307 | 30,113 | ||
| General and administrative | 3,274 | 3,278 | 8,365 | 10,161 | ||
| Total operating expenses | 4,575 | 12,840 | 19,672 | 40,274 | ||
| Loss from operations | (4,575) | (679) | (19,672) | (3,571) | ||
| Other income, net: | ||||||
| Interest income | 235 | 331 | 530 | 1,142 | ||
| Other income, net | 110 | 341 | 519 | 156 | ||
| Total other income, net | 345 | 672 | 1,049 | 1,298 | ||
| Net loss | $(4,230) | $(7) | $(18,623) | $(2,273) | ||
| Other comprehensive loss, net: | ||||||
| Unrealized gain (loss) on available-for-sale securities, net | - | 21 | (3) | (6) | ||
| Foreign currency translation loss | (115) | (275) | (508) | (137) | ||
| Total other comprehensive loss, net | (115) | (254) | (511) | (143) | ||
| Comprehensive loss | $(4,345) | $(261) | $(19,134) | $(2,416) | ||
| Net loss per share: | ||||||
| Basic | $(0.06) | $(0.00) | $(0.41) | $(0.06) | ||
| Diluted | $(0.06) | $(0.00) | $(0.41) | $(0.06) | ||
| Weighted-average number of common shares outstanding: | ||||||
| Basic | 65,322,753 | 35,424,388 | 45,651,900 | 35,324,092 | ||
| Diluted | 65,322,753 | 35,424,388 | 45,651,900 | 35,324,092 | ||
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