Equillium Inc
NASDAQ:EQ
Income Statement
Earnings Waterfall
Equillium Inc
Income Statement
Equillium Inc
| Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||
| Interest Expense |
3
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
16
N/A
|
25
+56%
|
34
+37%
|
43
+26%
|
36
-15%
|
38
+5%
|
43
+12%
|
46
+8%
|
41
-10%
|
30
-26%
|
17
-46%
|
4
-73%
|
|
| Operating Income | |||||||||||||||||||||||||||||
| Operating Expenses |
(9)
|
(13)
|
(19)
|
(23)
|
(27)
|
(28)
|
(28)
|
(29)
|
(31)
|
(33)
|
(36)
|
(40)
|
(38)
|
(68)
|
(72)
|
(75)
|
(77)
|
(54)
|
(53)
|
(52)
|
(51)
|
(51)
|
(52)
|
(53)
|
(49)
|
(45)
|
(37)
|
(29)
|
|
| Selling, General & Administrative |
(4)
|
(5)
|
(7)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(15)
|
(17)
|
(17)
|
(16)
|
(16)
|
(14)
|
(14)
|
(14)
|
(13)
|
(12)
|
(11)
|
(10)
|
(10)
|
|
| Research & Development |
(5)
|
(8)
|
(12)
|
(15)
|
(18)
|
(19)
|
(18)
|
(19)
|
(21)
|
(23)
|
(25)
|
(29)
|
(26)
|
(56)
|
(59)
|
(59)
|
(60)
|
(36)
|
(36)
|
(36)
|
(37)
|
(38)
|
(39)
|
(39)
|
(37)
|
(34)
|
(27)
|
(19)
|
|
| Operating Income |
(9)
N/A
|
(13)
-49%
|
(19)
-50%
|
(23)
-21%
|
(27)
-15%
|
(28)
-4%
|
(28)
-1%
|
(29)
-3%
|
(31)
-6%
|
(33)
-8%
|
(36)
-8%
|
(40)
-12%
|
(38)
+6%
|
(68)
-81%
|
(72)
-6%
|
(75)
-3%
|
(62)
+17%
|
(29)
+53%
|
(19)
+35%
|
(9)
+51%
|
(15)
-56%
|
(13)
+9%
|
(10)
+26%
|
(7)
+30%
|
(8)
-22%
|
(14)
-74%
|
(20)
-43%
|
(24)
-19%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||
| Interest Income Expense |
(5)
|
(3)
|
(3)
|
0
|
1
|
1
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
1
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
3
|
4
|
0
|
2
|
1
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
1
|
(1)
|
(0)
|
(0)
|
(0)
|
|
| Pre-Tax Income |
(13)
N/A
|
(16)
-20%
|
(22)
-38%
|
(23)
-5%
|
(26)
-11%
|
(27)
-7%
|
(28)
-1%
|
(28)
-2%
|
(30)
-5%
|
(31)
-4%
|
(34)
-9%
|
(37)
-11%
|
(39)
-5%
|
(67)
-73%
|
(72)
-7%
|
(76)
-5%
|
(62)
+18%
|
(29)
+54%
|
(18)
+37%
|
(8)
+58%
|
(13)
-67%
|
(12)
+9%
|
(8)
+33%
|
(5)
+41%
|
(8)
-68%
|
(14)
-77%
|
(20)
-46%
|
(24)
-21%
|
|
| Net Income | |||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Income from Continuing Operations |
(13)
|
(16)
|
(22)
|
(23)
|
(26)
|
(27)
|
(28)
|
(28)
|
(30)
|
(31)
|
(34)
|
(37)
|
(39)
|
(67)
|
(72)
|
(76)
|
(62)
|
(29)
|
(18)
|
(8)
|
(13)
|
(12)
|
(8)
|
(5)
|
(8)
|
(14)
|
(20)
|
(24)
|
|
| Net Income (Common) |
(13)
N/A
|
(16)
-20%
|
(22)
-38%
|
(23)
-5%
|
(26)
-11%
|
(27)
-7%
|
(28)
-1%
|
(28)
-2%
|
(30)
-5%
|
(31)
-4%
|
(34)
-9%
|
(37)
-11%
|
(39)
-5%
|
(67)
-73%
|
(72)
-7%
|
(76)
-5%
|
(62)
+18%
|
(29)
+54%
|
(18)
+37%
|
(8)
+55%
|
(13)
-62%
|
(12)
+9%
|
(8)
+31%
|
(5)
+44%
|
(8)
-75%
|
(14)
-73%
|
(20)
-44%
|
(24)
-21%
|
|
| EPS (Diluted) |
-1.09
N/A
|
-0.91
+17%
|
-1.26
-38%
|
-1.32
-5%
|
-1.47
-11%
|
-1.56
-6%
|
-1.57
-1%
|
-1.33
+15%
|
-1.46
-10%
|
-1.13
+23%
|
-1.15
-2%
|
-1.27
-10%
|
-1.36
-7%
|
-2.11
-55%
|
-2.11
N/A
|
-2.2
-4%
|
-1.85
+16%
|
-0.84
+55%
|
-0.53
+37%
|
-0.24
+55%
|
-0.38
-58%
|
-0.35
+8%
|
-0.24
+31%
|
-0.13
+46%
|
-0.23
-77%
|
-0.4
-74%
|
-0.57
-42%
|
-0.37
+35%
|
|