Design Therapeutics Inc

For the period ended Jun 30, 2024. Filed Aug 5, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 5, 2024

DSGN$10.21+5.6%Stored close · as of Nov 6, 2026

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Condensed Balance Sheets

(in thousands, except share and par value data)

	June 30,	December 31,
	2024	2023
(unaudited)
Assets
Current assets:
Cash and cash equivalents	$45,699	$21,200
Investment securities	215,317	260,598
Prepaid expenses and other current assets	3,826	2,786
Total current assets	264,842	284,584
Property and equipment, net	1,728	1,691
Right-of-use asset, related party	2,583	2,938
Other assets	429	430
Total assets	$269,582	$289,643
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$1,297	$1,940
Accrued expenses and other current liabilities (including related party amounts of $757 and $716 respectively)	5,097	7,682
Total current liabilities	6,394	9,622
Operating lease liability, net, related party	1,946	2,334
Total liabilities	8,340	11,956
Commitments and contingencies (See Note 8)
Stockholders’ equity:
Common stock, $0.0001 par value; 200,000,000 shares authorized at June 30, 2024 and December 31, 2023; 56,620,014 and 56,473,598 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively	6	6
Additional paid-in capital	461,977	455,245
Accumulated deficit	(200,524)	(177,626)
Accumulated other comprehensive (loss) income	(217)	62
Total stockholders’ equity	261,242	277,687
Total liabilities and stockholders’ equity	$269,582	$289,643

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.