The generating function is
$$
\sum_{n\geq 0} \text{sq}(n) z^n = \prod_{k\geq 1} (1+z^{k^2}).
$$
Using complex integration you can use this to get an asymptotic formula for $\text{sq}(n)$. This involves quite some work, but the path is well described in Andrews, The theory of partitions, chapter 6. You will arrive at something like $\text{sq}(n)\sim e^{n^{1/3}}$ times some minor terms, hence $\text{sq}$ is ultimately increasing at a pretty fast rate. In particular, $\text{sq}(n)$ is not surjective. For $\text{sq}^{-1}$ you can either derive an asymptotic series or compute the proportion of all partitions not containing the summand $1^2$ to find that $\text{sq}$ is strictly increasing from some point onwards. Hence you will most likely obtain that $\text{sq}^{-1}(\{m\})$ is infinite if and only if $m=1$.