Equillium, Inc. is a clinical-stage biopharmaceutical company focused on developing and bringing to market products designed to address severe autoimmune and inflammatory ...
Equillium, Inc. is a clinical-stage biopharmaceutical company headquartered in La Jolla, California, with a primary focus on developing innovative treatments for severe autoimmune and inflammatory (immuno-inflammatory) conditions where current therapies are insufficient. The company's lead drug candidate, itolizumab (EQ001), is a monoclonal antibody targeting the CD6 immune checkpoint receptor. Itolizumab ...Equillium, Inc. is a clinical-stage biopharmaceutical company headquartered in La Jolla, California, with a primary focus on developing innovative treatments for severe autoimmune and inflammatory (immuno-inflammatory) conditions where current therapies are insufficient. The company's lead drug candidate, itolizumab (EQ001), is a monoclonal antibody targeting the CD6 immune checkpoint receptor. Itolizumab is in Phase III trials for acute graft-versus-host disease, completed Phase Ib studies for asthma, and is undergoing Phase Ib trials for lupus nephritis. Additionally, Equillium is advancing EQ101 for cutaneous T cell lymphoma and alopecia areata, and EQ102 for gastrointestinal conditions. Founded in 2017, the company was originally incorporated as Attenuate Biopharmaceuticals, Inc. and later renamed Equillium, Inc. in May 2017. With a small team of 13 employees, Equillium operates as a lean clinical-stage biotech, incurring research and development expenses while generating no revenue as of the latest financial data. The company has a market capitalization of approximately $141 million and is listed on NASDAQ. Financially, Equillium has negative profitability metrics, with a return on equity of -61.4% and negative operating cash flow, reflecting its heavy investment in R&D. The company has a strong current ratio of 18.6, indicating ample liquidity to fund operations. Leadership, under CEO and co-founder Bruce Steel, aims to pioneer new products by leveraging deep immunobiology insights. Equillium's mission is to bring transformative therapies to patients with severe immune disorders, potentially addressing significant unmet medical needs. As a clinical-stage company, its future prospects depend on the success of its clinical trials and regulatory approvals.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$0
-100.0%
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Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-22.4M
-177.6%
-40.7%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
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Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
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Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
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Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-22.8M
-19.3%
+2.9%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
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Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
2.5%
+24.8%
-10.4%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
10.32x
+162.6%
+25.7%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.