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Equillium, Inc.

corporate_fare Company Profile

Equillium, Inc.

EQ·NASDAQ·Life Sciences·CIK 0001746466

We are a biotechnology company focused on developing new treatments for severe autoimmune and inflammatory disorders. Our main goal is to advance EQ504, a new aryl hydrocarbon receptor (AhR) modulator, through clinical development. EQ504 is in the preclinical stage and has shown therapeutic benefits in various models by increasing anti-inflammatory cells and cytokines, reducing pro-inflammatory cells and cytokines, and improving intestinal tissue barrier function and repair. We initially plan to develop EQ504 for ulcerative colitis (UC) and other gastrointestinal (GI) diseases, with potential future expansion into inflammatory lung diseases. We also have EQ302, a preclinical-stage, first-in-class, selective, bi-specific inhibitor of IL-15 and IL-21, designed for oral delivery. Inhibiting IL-15 and IL-21 is considered a potential treatment for certain GI conditions, including celiac disease. We have conducted preclinical development for EQ302, including in vivo pharmacology studies and formulation development, and are evaluating its further advancement, including manufacturing and toxicology studies to support a potential investigational new drug (IND) filing and a first-in-human clinical study. Our pipeline of therapeutic candidates aims to address unmet medical needs in gastroenterology, dermatology, and pulmonology. Our strategy includes completing the preclinical and clinical development of EQ504 and evaluating the further advancement of EQ302. We intend to start a Phase 1 proof-of-mechanism study for EQ504 in mid-2026, with data expected approximately six months later.

Equillium, Inc. (NASDAQ:EQ) is a publicly traded company in the Life Sciences sector. Wiseek has independently scored 14 items for EQ at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-13, rated 7/10. Across its 14 most recent items scored 7 or higher, the top rating is 9/10, with 8 rated 8 or above. Recent SEC coverage for EQ spans 10-Q, 4, 144, 8-K.

Recent high-impact activity:

  • Equillium Q2 Loss Narrows to $4.69M, Beats Estimates; New R&D Programs Advance
  • Equillium Q2 Loss Narrows to $4.7M; Cash Runway Extended to 2029
  • President and CSO Stephen Connelly Sells $723K in Company Stock
  • President & CSO Stephen Connelly files to sell $632K in shares
  • Stockholders Approve Reverse Split and Double Authorized Shares

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
-$22.4M
Diluted EPS
-$0.39
Op. Cash Flow
-$22.75M
Free Cash Flow
-$22.79M
Operating Income
-$23.63M
Cash & Equivalents
$30.28M
Debt / Equity
0.00×
Shares Outstanding
61.46M sh
Source: 10-K · filed 2026-03-25 · accession 0001193125-26-124143

Short Interest & Short Volume

15.03 days to cover

FINRA reported short interest of 5,500,539 shares in EQ as of the September 15, 2026 settlement, a 2.4% increase from the prior period — about 15.0 days to cover at its recent average daily volume. On October 2, 2026, 39.8% of EQ volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)5,500,539 shares as of September 15, 2026
Change vs prior period▲ 2.4%
Days to cover15.03 at avg daily volume of 365,965
Daily short volume (FINRA facilities)39.8% of 498,174 shares on October 2, 2026
5-day average short volume47.6%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

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$1.4 -0.01% today
52-week range · as of 2026-08-13 $0.7562 – $3.54
Market cap
$89.41M
Volume
934.8K (1.5× avg)
3-mo avg 619K
Live data · 2026-10-05 03:02 UTC · Market closed

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feed EQ - Latest Insights

EQ
Aug 13, 2026, 4:20 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $2.01
Real-time Price: $1.40 info
Change: -$0.6086 (-30%) info
Market Cap: $89.405M info
EQ
Aug 13, 2026, 4:15 PM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $2.04
Real-time Price: $1.40 info
Change: -$0.6385 (-31%) info
Market Cap: $89.405M info
EQ
Jun 05, 2026, 4:42 PM EDT
Filing Type: 4
Importance Score:
8
Price at Filing: $2.94
Real-time Price: $1.40 info
Change: -$1.54 (-52%) info
Market Cap: $89.405M info
EQ
Jun 04, 2026, 5:30 PM EDT
Filing Type: 144
Importance Score:
8
Price at Filing: $3.16
Real-time Price: $1.40 info
Change: -$1.76 (-56%) info
Market Cap: $89.405M info
EQ
May 29, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $2.90
Real-time Price: $1.40 info
Change: -$1.50 (-52%) info
Market Cap: $89.405M info
EQ
May 13, 2026, 4:10 PM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $2.27
Real-time Price: $1.40 info
Change: -$0.870 (-38%) info
Market Cap: $89.405M info
EQ
May 13, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $2.31
Real-time Price: $1.40 info
Change: -$0.910 (-39%) info
Market Cap: $89.405M info
EQ
May 13, 2026, 4:01 PM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $2.31
Real-time Price: $1.40 info
Change: -$0.910 (-39%) info
Market Cap: $89.405M info
EQ
Apr 15, 2026, 9:00 AM EDT
Filing Type: DEF 14A
Importance Score:
9
Price at Filing: $1.90
Real-time Price: $1.40 info
Change: -$0.5001 (-26%) info
Market Cap: $89.405M info
EQ
Apr 07, 2026, 5:13 PM EDT
Filing Type: S-3
Importance Score:
7
Price at Filing: $1.92
Real-time Price: $1.40 info
Change: -$0.520 (-27%) info
Market Cap: $89.405M info
EQ
Mar 25, 2026, 4:15 PM EDT
Filing Type: 10-K
Importance Score:
8
Price at Filing: $2.06
Real-time Price: $1.40 info
Change: -$0.660 (-32%) info
Market Cap: $89.405M info
EQ
Mar 25, 2026, 4:10 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $2.06
Real-time Price: $1.40 info
Change: -$0.660 (-32%) info
Market Cap: $89.405M info
EQ
Mar 25, 2026, 4:05 PM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $2.06
Real-time Price: $1.40 info
Change: -$0.660 (-32%) info
Market Cap: $89.405M info
EQ
Mar 13, 2026, 8:15 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $2.20
Real-time Price: $1.40 info
Change: -$0.800 (-36%) info
Market Cap: $89.405M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets