Disc Medicine Inc
For the period ended Dec 31, 2023. Filed Mar 21, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 21, 2024
IRON$84.64+4.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Preferred Stock and Stockholders’ Equity (Deficit)
CONSOLIDATED STATEMENTS OF CONVER TIBLE PREFERRED STOCK
AND STOCKHOLDERS’ EQUITY (DEFICIT)
| · Convertible Preferred Stock · · · · · | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · Series Seed$0.0001 Par Value · Series A$0.0001 Par Value · · Series B$0.0001 Par Value · · Common Stock$0.0001 Par Value · · Additional Paid-In · · Accumulated · · TotalStockholders’ | ||||||||||||||||||||||
| · Shares · · Amount · · Shares · · Amount · · Shares · · Amount · · Shares · · Amount · · Capital · Deficit · Deficit | ||||||||||||||||||||||
| Balance at December 31, 2021 | | 5,000,000 | | $2,350 | | 41,666,666 | | $49,762 | | 37,499,999 | | $89,744 | | 909,418 | | $— | | $1,186 | | $(65,389) | | $(64,203) |
| Issuance of common stock upon exercise of stock options | | — | | — | | — | | — | | — | | — | | 53,224 | | — | | 219 | | — | | 219 |
| Vesting of restricted common stock | | — | | — | | — | | — | | — | | — | | 8,254 | | — | | — | | — | | — |
| Stock-based compensation expense | | — | | — | | — | | — | | — | | — | | — | | — | | 2,089 | | — | | 2,089 |
| Issuance of common stock for cash in pre-closing financing | | — | | — | | — | | — | | — | | — | | 2,336,092 | | — | | 53,500 | | — | | 53,500 |
| Conversion of preferred stock to common stock | | (5,000,000) | (2,350) | (41,666,666) | (49,762) | (37,499,999) | (89,744) | | 9,224,653 | | 1 | | 141,855 | | — | | 141,856 | |||||
| Issuance of common stock to Gemini shareholders in reverse recapitalization | | — | | — | | — | | — | | — | | — | | 4,389,361 | | 1 | | 91,390 | | — | | 91,391 |
| Reverse recapitalization transaction costs | | — | | — | | — | | — | | — | | — | | — | | — | | (7,936) | | — | | (7,936) |
| Issuance of common stock to Roche | | — | | — | | — | | — | | — | | — | | 482,313 | | — | | 6,511 | | — | | 6,511 |
| Net loss | | — | | — | | — | | — | | — | | — | | — | | — | | — | | (46,827) | | (46,827) |
| Balance at December 31, 2022 | | — | | $— | | — | | $— | | — | | $— | | $17,403,315 | | $2 | | $288,814 | | $(112,216) | | $176,600 |
| · Convertible Preferred Stock · · · · · | ||||||||||||||||||||||
| · Series Seed$0.0001 Par Value · Series A$0.0001 Par Value · · Series B$0.0001 Par Value · · Common Stock$0.0001 Par Value · · Additional Paid-In · · Accumulated · · TotalStockholders’ | ||||||||||||||||||||||
| · Shares · · Amount · · Shares · · Amount · · Shares · · Amount · · Shares · · Amount · · Capital · Deficit · Equity | ||||||||||||||||||||||
| Balance at December 31, 2022 | | — | | $— | | — | | $— | | — | | $— | | 17,403,315 | | $2 | | $288,814 | | $(112,216) | | $176,600 |
| Issuance of common stock upon exercise of stock options | | — | | — | | — | | — | | — | | — | | 254,432 | | — | | 2,763 | | — | | 2,763 |
| Vesting of restricted common stock | | — | | — | | — | | — | | — | | — | | 1,916 | | — | | — | | — | | — |
| Stock-based compensation expense | | — | | — | | — | | — | | — | | — | | — | | — | | 5,530 | | — | | 5,530 |
| Sale of common stock in registered direct offering, net of issuance costs of $80 | | — | | — | | — | | — | | — | | — | | 1,488,166 | | — | | 34,148 | | — | | 34,148 |
| Sale of pre-funded warrants in registered direct offering, net of issuance costs of $66 | — | | — | | — | | — | | — | | — | — | — | 28,206 | — | 28,206 | ||||||
| Sale of common stock in at-the-market offerings, net of issuance costs of $742 | — | | — | | — | | — | | — | | — | 967,264 | — | 26,422 | — | 26,422 | ||||||
| Sale of common stock in follow-on public offering, net of issuance costs of $9,272 | — | | — | | — | | — | | — | | — | 3,015,919 | — | 138,508 | — | 138,508 | ||||||
| Sale of pre-funded warrants in follow-on public offering, net of issuance costs of $627 | — | | — | | — | | — | | — | | — | — | — | 9,373 | — | 9,373 | ||||||
| Issuance of common stock upon exercise of warrants | — | | — | | — | | — | | — | | — | 1,229,221 | — | — | — | — | ||||||
| Net loss | | — | | — | | — | | — | | — | | — | | — | | — | | — | | (76,429) | | (76,429) |
| Balance at December 31, 2023 | | — | | $— | | — | | $— | — | | $— | 24,360,233 | | $2 | $533,764 | | $(188,645) | $345,121 | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.