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Design Therapeutics, Inc.

For the period ended Jun 30, 2025. Filed Aug 7, 2025.

View on SEC.gov

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, 2025 · Filed Aug 7, 2025

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

Extracted filing text, with the paragraph anchors used by the comparison.

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Condensed Balance Sheets

(in thousands, except share and par value data)

June 30,December 31,
20252024
(unaudited)
Assets
Current assets:
Cash and cash equivalents$19,703$22,563
Investment securities196,573222,914
Prepaid expenses and other current assets3,5182,563
Total current assets219,794248,040
Property and equipment, net1,2581,410
Right-of-use asset, related party1,8342,216
Other assets—427
Total assets$222,886$252,093
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable$1,013$2,186
Accrued expenses and other current liabilities (including related party amounts of $844 and $800 respectively)7,7346,276
Total current liabilities8,7478,462
Operating lease liability, net, related party1,1021,534
Total liabilities9,8499,996
Commitments and contingencies (See Note 8)
Stockholders’ equity:
Common stock, $0.0001 par value; 200,000,000 shares authorized at June 30, 2025 and December 31, 2024; 56,948,126 and 56,754,341 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively66
Additional paid-in capital476,738468,830
Accumulated deficit(264,012)(227,214)
Accumulated other comprehensive income305475
Total stockholders’ equity213,037242,097
Total liabilities and stockholders’ equity$222,886$252,093
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.