Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$50.53M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
4142.04%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$261.2M
Q2 2024
Cash
Q2 2024
P/E
-6.320
Sep 18, 2024 EST
Free Cash Flow
-$51.46M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $0.00 $0.00 $0.00 $226.0K $830.0K
YoY Change -100.0% -72.77%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $0.00 $0.00 $0.00 $226.0K $830.0K
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $21.13M $18.98M $11.05M $2.500M $1.090M
YoY Change 11.31% 71.72% 342.12% 129.36%
% of Gross Profit
Research & Development $57.06M $48.61M $24.78M $6.060M $1.650M
YoY Change 17.38% 96.19% 308.88% 267.27%
% of Gross Profit
Depreciation & Amortization $537.0K $406.0K $129.0K $5.000K
YoY Change 32.27% 214.73% 2480.0%
% of Gross Profit
Operating Expenses $78.19M $67.59M $35.83M $8.556M $2.740M
YoY Change 15.68% 88.64% 318.78% 212.26%
Operating Profit -$78.19M -$67.59M -$35.83M -$8.330M
YoY Change 15.68% 88.64% 330.14%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $11.33M $4.285M $298.0K $50.00K -$140.0K
YoY Change 164.36% 1337.92% 496.0% -135.71%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$66.86M -$63.31M -$35.53M -$8.280M -$2.050M
YoY Change 5.61% 78.17% 329.14% 303.9%
Income Tax
% Of Pretax Income
Net Earnings -$66.86M -$63.31M -$35.53M -$8.280M -$2.050M
YoY Change 5.61% 78.17% 329.14% 303.9%
Net Earnings / Revenue -3663.72% -246.99%
Basic Earnings Per Share -$1.19 -$1.14 -$0.77
Diluted Earnings Per Share -$1.19 -$1.14 -$773.5K -$153.8K -$38.09K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $281.8M $330.4M $384.1M $36.09M $80.00K
YoY Change -14.71% -13.98% 964.18% 45012.5%
Cash & Equivalents $21.20M $26.50M $298.6M $2.380M $80.00K
Short-Term Investments $260.6M $303.9M $85.50M $33.71M $0.00
Other Short-Term Assets $1.354M $4.732M $1.371M $150.0K $10.00K
YoY Change -71.39% 245.15% 814.0% 1400.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $284.6M $335.1M $385.4M $36.23M $90.00K
YoY Change -15.08% -13.05% 963.86% 40155.56%
Property, Plant & Equipment $4.629M $5.559M $5.122M $70.00K $0.00
YoY Change -16.73% 8.53% 7217.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $430.0K $459.0K $0.00 $210.0K $0.00
YoY Change -6.32% -100.0%
Total Long-Term Assets $5.059M $6.018M $5.122M $290.0K $0.00
YoY Change -15.94% 17.49% 1666.21%
Total Assets $289.6M $341.1M $390.6M $36.52M $90.00K
YoY Change
Accounts Payable $1.940M $3.025M $1.620M $1.400M $2.480M
YoY Change -35.87% 86.73% 15.71% -43.55%
Accrued Expenses $7.682M $7.751M $3.663M $930.0K $240.0K
YoY Change -0.89% 111.6% 293.87% 287.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $700.0K
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $9.622M $10.78M $5.283M $2.330M $3.730M
YoY Change -10.71% 103.98% 126.74% -37.53%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.334M $3.051M $3.144M $150.0K $0.00
YoY Change -23.5% -2.96% 1996.0%
Total Long-Term Liabilities $2.334M $3.051M $3.144M $150.0K $0.00
YoY Change -23.5% -2.96% 1996.0%
Total Liabilities $11.96M $13.83M $8.427M $2.480M $3.730M
YoY Change -13.53% 64.08% 239.8% -33.51%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 55.98M 55.71M 45.94M
Diluted Shares Outstanding 55.98M 55.71M 45.94M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $319.34 Million

About Design Therapeutics Inc

Design Therapeutics, Inc. operates as a biotechnology company that develops therapies for serious degenerative disorders. The company is headquartered in Carlsbad, California and currently employs 57 full-time employees. The company went IPO on 2021-03-26. The company is engaged in the research and development of GeneTACT molecules, which are small-molecule gene targeted chimera therapeutic candidates designed to be disease-modifying by addressing the underlying cause of diseases caused by inherited nucleotide repeat expansion mutations. Its Friedreich ataxia (FA) program is focused on the development of a disease-modifying treatment. Its DT-216 is developed to overcome the FXN transcription impairment that causes FA. DT-216 is in Phase I clinical trial. The firm is also engaged in developing DT-216 to enable higher exposure and chronic administration for treatment of FA, known as DT-216P2, which uses the same drug substance, DT-216. Its FECD program is focused on the development of a potentially disease-modifying medical treatment for FECD, DT-168, which is in Phase I clinical trial. Its HD program is focused on the development of a potentially disease-modifying treatment for HD.

Industry: Pharmaceutical Preparations Peers: TG Therapeutics Inc CareDx Inc Editas Medicine Inc Geron Corp IGM Biosciences Inc Rocket Pharmaceuticals Inc Kura Oncology Inc Nuvalent Inc POINT Biopharma Global Inc.