Is EQRx, Inc. (EQRX) a Buy, Sell, or Hold?
NASDAQ : EQRX
EQRx, Inc. — Financials
$2.34 USD
-$0.05 (-2.09%)
- Volume
- 11.93M
- Average Volume
- 4.5M
- Market Capitalization
- $1.14B
- P/E Ratio
- 5.44
- Dividend Yield
- 0.00%
- Price Target
- $5.00
- Year High
- $4.75
- Year Low
- $1.58
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $27.51
EQRX Financial Statements
| date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|
| revenue | - | - | - | - |
| costOfRevenue | - | - | - | - |
| grossProfit | - | - | - | - |
| researchAndDevelopmentExpenses | 228.5M | 118.11M | 224.39M | 3435 |
| generalAndAdministrativeExpenses | 127.38M | 78.27M | 25.69M | 10443 |
| sellingAndMarketingExpenses | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 127.38M | 78.27M | 25.69M | 10443 |
| otherExpenses | -65000 | - | - | - |
| operatingExpenses | 355.88M | 196.38M | 250.08M | 25524 |
| costAndExpenses | 355.88M | 196.38M | 250.08M | 25524 |
| netInterestIncome | - | 436K | 97000 | - |
| interestIncome | 25.15M | 436K | 97000 | - |
| interestExpense | 25.15M | - | - | - |
| depreciationAndAmortization | 935K | 1.18M | 338K | 171.86K |
| ebitda | -143M | 1.18M | -249.74M | -11646 |
| ebit | -143.94M | - | -250.08M | - |
| nonOperatingIncomeExcludingInterest | -211.94M | - | - | - |
| operatingIncome | -355.88M | -196.38M | -250.08M | -13878 |
| totalOtherIncomeExpensesNet | 186.79M | 96.37M | 97000 | -11646 |
| incomeBeforeTax | -169.09M | -100.01M | -249.98M | -25524 |
| incomeTaxExpense | -374.58M | -9.32M | -97000 | - |
| netIncomeFromContinuingOperations | 205.49M | -90.69M | -249.89M | -25524 |
| netIncomeFromDiscontinuedOperations | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - |
| netIncome | 205.49M | -90.69M | -249.89M | -25524 |
| netIncomeDeductions | - | - | - | - |
| bottomLineNetIncome | 205.49M | -90.69M | -249.89M | -25524 |
| eps | 0.43 | -0.19 | -0.8 | -0.0 |
| date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|
| cashAndCashEquivalents | 494.14M | 1.68B | 489.68M | 18.48M |
| shortTermInvestments | 905.15M | - | - | - |
| cashAndShortTermInvestments | 1.4B | 1.68B | 489.68M | 18.48M |
| netReceivables | - | - | - | - |
| accountsReceivables | - | - | - | - |
| otherReceivables | - | - | - | - |
| inventory | - | - | - | - |
| prepaids | - | - | - | - |
| otherCurrentAssets | 28.8M | 27.66M | 2.59M | 24999 |
| totalCurrentAssets | 1.43B | 1.71B | 492.28M | 18.5M |
| propertyPlantEquipmentNet | 6.43M | 4.66M | 7.58M | 78000 |
| goodwill | - | - | - | - |
| intangibleAssets | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - |
| longTermInvestments | 4M | 4M | - | - |
| taxAssets | - | - | - | - |
| otherNonCurrentAssets | 16.5M | 14.58M | 669K | 958K |
| totalNonCurrentAssets | 26.93M | 23.24M | 8.25M | 1.04M |
| otherAssets | - | - | - | - |
| totalAssets | 1.46B | 1.73B | 500.53M | 19.54M |
| totalPayables | 19.95M | 7.64M | 1.32M | 1.04M |
| accountPayables | 19.95M | 7.64M | 1.32M | 1.04M |
| otherPayables | - | - | - | - |
| accruedExpenses | - | - | - | - |
| shortTermDebt | 2.37M | 3.1M | 1.71M | 25.88M |
| capitalLeaseObligationsCurrent | - | - | - | - |
| taxPayables | - | - | - | - |
| deferredRevenue | - | - | - | - |
| otherCurrentLiabilities | 29.6M | 28.9M | 11.16M | 1.11M |
| totalCurrentLiabilities | 51.92M | 39.65M | 14.2M | 28.04M |
| longTermDebt | 1.46M | 272K | 3.37M | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - |
| otherNonCurrentLiabilities | 12.78M | 174.68M | 741.03M | 4000 |
| totalNonCurrentLiabilities | 14.24M | 174.96M | 744.4M | 4000 |
| otherLiabilities | - | - | - | - |
| capitalLeaseObligations | - | - | - | - |
| totalLiabilities | 66.15M | 214.6M | 758.6M | 28.04M |
| treasuryStock | - | - | - | - |
| preferredStock | - | - | - | - |
| commonStock | 49000 | 49000 | 3000 | 2000 |
| retainedEarnings | -527.59M | -358.5M | -258.49M | -8.51M |
| additionalPaidInCapital | - | - | - | - |
| date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|
| netIncome | -169.09M | -100.01M | -249.98M | -25524 |
| depreciationAndAmortization | 935K | 1.18M | 338K | - |
| deferredIncomeTax | - | -8.88M | - | - |
| stockBasedCompensation | 41.55M | 26.23M | 346K | - |
| changeInWorkingCapital | 10.92M | -15.12M | 7.57M | - |
| accountsReceivables | - | - | - | - |
| inventory | - | - | - | - |
| accountsPayables | 12.04M | 6.14M | 324K | - |
| otherWorkingCapital | -1.13M | -21.26M | 7.25M | - |
| otherNonCashItems | -171.58M | -86.58M | 222K | 17715 |
| netCashProvidedByOperatingActivities | -287.27M | -183.18M | -241.51M | -7809 |
| investmentsInPropertyPlantAndEquipment | -1.13M | -448K | -2.98M | -234 |
| acquisitionsNet | 896.14K | - | - | - |
| purchasesOfInvestments | -1.41B | -4M | - | - |
| salesMaturitiesOfInvestments | 509.95M | - | - | - |
| otherInvestingActivities | -896.14K | - | - | - |
| netCashProvidedByInvestingActivities | -897.28M | -4.45M | -2.98M | -234 |
| netDebtIssuance | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - |
| netStockIssuance | - | - | - | - |
| netCommonStockIssuance | - | - | - | - |
| commonStockIssuance | - | 668K | 945K | - |
| commonStockRepurchased | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - |
| netDividendsPaid | - | - | - | - |
| commonDividendsPaid | - | - | - | - |
| preferredDividendsPaid | - | - | - | - |
| otherFinancingActivities | 139K | 1.38B | 715.48M | 66009 |
| netCashProvidedByFinancingActivities | 139 | 1.38B | 715.48M | 66009 |
| date | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - | - | - | - | - |
| costOfRevenue | - | - | - | - | - | - | - | - | - | - |
| grossProfit | - | - | - | - | - | - | - | - | - | - |
| researchAndDevelopmentExpenses | 19.73M | 43.57M | 70.93M | 71.5M | 56.27M | 47.3M | 53.43M | 56.22M | 23.8M | 21.42M |
| generalAndAdministrativeExpenses | 23.4M | 21.48M | 27.28M | 29.23M | 34.1M | 31.79M | 32.26M | 38.58M | 16.18M | 13.22M |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 23.4M | 21.48M | 27.28M | 29.23M | 34.1M | 31.79M | 32.26M | 38.58M | 16.18M | 13.22M |
| otherExpenses | 12000 | - | -12000 | -21000 | - | - | 514K | - | 39000 | 94000 |
| operatingExpenses | 43.13M | 65.05M | 98.21M | 100.73M | 90.37M | 79.09M | 85.69M | 94.8M | 39.98M | 34.64M |
| costAndExpenses | 43.13M | 65.05M | 98.21M | 100.73M | 90.37M | 79.09M | 85.69M | 94.8M | 39.98M | 34.64M |
| netInterestIncome | 16.48M | 16.07M | 12.27M | - | 8.21M | 4.09M | 182K | 226K | 47000 | 19000 |
| interestIncome | 16.48M | 16.07M | 15.44M | 12.67M | 8.21M | 4.09M | 182K | 226K | 47000 | 19000 |
| interestExpense | - | - | 3.17M | 12.67M | - | - | - | - | - | - |
| depreciationAndAmortization | 214K | 284K | 3.36M | 148K | 345K | 229K | 410K | 309K | 295K | 290K |
| ebitda | 13.08M | -38.06M | -98.44M | -9.36M | -90.02M | 229K | 410K | -94.49M | -39.68M | -34.35M |
| ebit | - | - | -79.38M | -9.51M | -90.37M | - | - | -94.8M | -39.98M | -34.64M |
| nonOperatingIncomeExcludingInterest | - | - | -18.83M | -91.22M | - | - | - | - | - | - |
| operatingIncome | -101.55M | -91.84M | -101.8M | -100.73M | -90.37M | -79.09M | -85.69M | -94.8M | -39.98M | -34.64M |
| totalOtherIncomeExpensesNet | 18.92M | 18.88M | 15.66M | 78.55M | 5.27M | -3.46M | 106.42M | 96.02M | 86000 | 113K |
| incomeBeforeTax | -82.63M | -72.96M | -82.55M | -22.18M | -85.09M | -82.55M | 20.73M | 1.22M | -39.89M | -34.53M |
| incomeTaxExpense | - | - | -19.25M | - | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -82.63M | -72.96M | -63.3M | -22.18M | -85.09M | -82.55M | 20.73M | 1.22M | -39.89M | -34.53M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -82.63M | -72.96M | -63.3M | 135.1M | -80.02M | -82.55M | 20.73M | 1.22M | -39.89M | -34.53M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -82.63M | -72.96M | -63.3M | -22.18M | -85.09M | -82.55M | 20.73M | 1.22M | -39.89M | -34.53M |
| eps | -0.17 | -0.15 | -0.13 | 0.28 | -0.17 | -0.17 | 0.04 | 0.0 | -0.08 | -0.11 |
| date | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 315.68M | 247.5M | 368.36M | 494.14M | 998.02M | 864.44M | 1.62B | 1.68B | 456.47M | 489.68M |
| shortTermInvestments | 896.62M | 1.01B | 957.58M | 905.15M | 501.33M | 692.91M | - | - | - | - |
| cashAndShortTermInvestments | 1.21B | 1.26B | 1.33B | 1.4B | 1.5B | 1.56B | 1.62B | 1.68B | 456.47M | 489.68M |
| netReceivables | - | - | - | - | - | - | - | - | - | - |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | - | - | - | - | - | - | - | - | - | - |
| otherCurrentAssets | 22.84M | 22.78M | 29.04M | 28.8M | 24.64M | 30.94M | 31.99M | 27.66M | 10.57M | 2.59M |
| totalCurrentAssets | 1.24B | 1.28B | 1.35B | 1.43B | 1.52B | 1.59B | 1.66B | 1.71B | 467.04M | 492.28M |
| propertyPlantEquipmentNet | - | 4.98M | 5.83M | 6.43M | 6.15M | 6.4M | 3.7M | 4.66M | 5.45M | 7.58M |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 1.15M | 18.08M | 19.15M | 16.5M | 9.27M | 9.58M | 11.16M | 14.58M | 12.17M | 669K |
| totalNonCurrentAssets | 5.15M | 27.06M | 28.98M | 26.93M | 19.42M | 19.99M | 18.86M | 23.24M | 17.62M | 8.25M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 1.24B | 1.31B | 1.38B | 1.46B | 1.54B | 1.61B | 1.67B | 1.73B | 484.66M | 500.53M |
| totalPayables | 8.1M | 6.59M | 20.73M | 19.95M | 14.06M | 13.02M | 7.32M | 7.64M | 3.22M | 1.32M |
| accountPayables | 8.1M | 6.59M | 20.73M | 19.95M | 14.06M | 13.02M | 7.32M | 7.64M | 3.22M | 1.32M |
| otherPayables | - | - | - | - | - | - | - | - | - | - |
| accruedExpenses | - | - | - | - | - | - | - | - | - | - |
| shortTermDebt | 2.06M | 2.43M | 2.37M | 2.37M | 2.5M | 2.62M | 2.63M | 3.1M | 3.01M | 1.71M |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 55.62M | 47.81M | 36.78M | 29.6M | 46.1M | 39.62M | 46.68M | 28.9M | 20.18M | 11.16M |
| totalCurrentLiabilities | 65.79M | 56.82M | 59.88M | 51.92M | 62.66M | 55.26M | 56.64M | 39.65M | 26.42M | 14.2M |
| longTermDebt | - | 215K | 849K | 1.46M | 2.06M | 2.64M | - | 272K | 1.08M | 3.37M |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 3.58M | 6.04M | 8.91M | 12.78M | 78.73M | 75.88M | 68.91M | 174.68M | 812.35M | 741.03M |
| totalNonCurrentLiabilities | 3.58M | 6.26M | 9.76M | 14.24M | 80.79M | 78.52M | 68.91M | 174.96M | 813.43M | 744.4M |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 69.37M | 63.08M | 69.64M | 66.15M | 143.45M | 133.78M | 125.54M | 214.6M | 839.85M | 758.6M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 49000 | 49000 | 49000 | 49000 | 49000 | 49000 | 49000 | 49000 | 4000 | 3000 |
| retainedEarnings | -765.73M | -683.1M | -610.14M | -527.59M | -505.41M | -420.32M | -337.77M | -358.5M | -359.72M | -258.49M |
| additionalPaidInCapital | - | - | - | - | - | - | - | - | - | - |
| date | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -82.63M | -72.96M | -82.55M | -22.18M | -85.09M | -82.55M | 20.73M | 1.22M | -39.89M | -34.53M |
| depreciationAndAmortization | 214K | 284K | 188K | 148K | 148K | 229K | 410K | 309K | 295K | 290K |
| deferredIncomeTax | -14.84M | -12.62M | - | - | - | -2.52M | -3.95M | -8.88M | - | - |
| stockBasedCompensation | 4.87M | 6.79M | 7.59M | 9.22M | 9.43M | 9.99M | 12.91M | 22.41M | 2.02M | 1.02M |
| changeInWorkingCapital | 12.59M | 4.34M | 5.38M | -22.03M | 13.66M | 1.39M | 17.9M | -8.24M | -4.24M | -3.94M |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | 1.52M | -13.99M | 1.07M | 5.86M | 631K | 5.71M | -162K | 4.26M | -4.62M | 5.51M |
| otherWorkingCapital | 11.07M | 18.34M | -1.07M | -27.89M | 13.02M | -4.32M | 18.06M | -12.5M | 376K | -9.46M |
| otherNonCashItems | 17.89M | -2.73M | -16.16M | -70.97M | -248K | 8.04M | -101.93M | -96.09M | -144K | -144K |
| netCashProvidedByOperatingActivities | -61.91M | -76.89M | -85.55M | -105.8M | -62.1M | -65.43M | -53.94M | -80.38M | -41.97M | -37.31M |
| investmentsInPropertyPlantAndEquipment | - | -150K | -444K | -957K | -14000 | -149K | -13000 | -104K | -49000 | -252K |
| acquisitionsNet | - | 43891 | 39915 | 398.59M | - | - | - | - | - | - |
| purchasesOfInvestments | -636M | -529.97M | -628.52M | -712.48M | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | 765.87M | 486.08M | 588.61M | 315.02M | - | - | - | - | - | - |
| otherInvestingActivities | - | -43891 | -39915 | -398.59M | 194.93M | -693.61M | - | -4M | - | - |
| netCashProvidedByInvestingActivities | 129.87M | -44.04M | -40.36M | -398.42M | 194.92M | -693.76M | -13000 | -4.1M | -49000 | -252K |
| netDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netCommonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockIssuance | - | - | 127K | - | - | - | - | 295K | 28000 | 345K |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | 209K | 74000 | 127K | 327K | 774K | 361K | -1.32M | 1.31B | -1.67M | 345K |
| netCashProvidedByFinancingActivities | 209K | 74000 | 127K | 327 | 774 | 361 | -1323 | 1.31B | -1.67M | 345K |