Design Therapeutics, Inc.
DSGNNasdaqHealthcare · Pharmaceutical Preparations · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | — | — | — | $226,000 |
| Operating income | −$79.5M | −$62.4M | −$78.2M | −$67.6M | −$35.8M | −$8.3M |
| Net income | −$69.8M | −$49.6M | −$66.9M | −$63.3M | −$35.5M | −$8.3M |
| Total assets | $226.2M | $252.1M | $289.6M | $341.1M | $390.6M | $36.5M |
| Total liabilities | $13.7M | $10.0M | $12.0M | $13.8M | $8.4M | $2.5M |
| Equity | $212.5M | $242.1M | $277.7M | $327.3M | $382.1M | −$11.3M |
| EPS (diluted) | $-1.22 | $-0.88 | $-1.19 | $-1.14 | $-0.77 | — |
| Shares out. | 56.8M | 56.5M | 55.9M | 55.7M | 55.4M | 16.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- —
- Return on equity
- −32.8%
- Return on assets
- −30.9%
- Return on capital (ROCE)
- −37.3%
- Liabilities / assets
- 6.1%
- Debt / equity
- 0.06×
- Book value / share
- $3.74
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 15.76safe
- Accruals / assets
- −6.8%clean
- Piotroski F-Score
- 1/8weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 warning● 3 good- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Clinical trials
ClinicalTrials.gov · ongoing · next readout first- Phase 1Not Yet Recruitingreadout ~2025-09A Single Ascending Dose Study of DT-216P2 in Normal Healthy Participants
- Phase 2Recruitingreadout ~2026-09DT-168 in Keratoplasty Patients With Fuchs Endothelial Corneal Dystrophy
- Phase 1/2Recruitingreadout ~2026-12A Multiple Ascending Dose Study of DT-216P2 in Patients With Friedreich's Ataxia
Interventional studies led by this company. “Readout” is the trial's primary-completion date — an estimate the sponsor reports, not a guarantee.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Point72 Asset Management, L.P.Passive (13G)May 15, 2026
- Sr One Capital Fund I Aggregator LpActivist (13D)Mar 11, 2026
- Logos Global Management LpActivist (13D)Nov 18, 2025
- Star Irrevocable Trust #1 Dated April 22, 2019Passive (13G)Feb 7, 2025
- Light Irrevocable Trust #1 Dated April 22, 2019Passive (13G)Feb 7, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 2.9M | 5.3 | +25.1% |
| Apr 30, 2026 | 2.3M | 3.6 | +3.7% |
| Apr 15, 2026 | 2.2M | 6.8 | +7.6% |
| Mar 31, 2026 | 2.1M | 6.2 | +6.0% |
| Mar 13, 2026 | 2.0M | 9.2 | +12.8% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Other material eventMay 18, 2026
- Results of operations · Regulation FD disclosureApr 28, 2026
- Director / officer changeApr 1, 2026
- Results of operationsMar 9, 2026
- Director / officer changeJan 30, 2026
- Results of operationsNov 5, 2025
- Director / officer changeSep 10, 2025
- Results of operations · Regulation FD disclosureAug 7, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KMay 18, 2026
- SCHEDULE 13G/AMay 15, 2026
- 10-QApr 28, 2026
- 8-KApr 28, 2026
- DEFA14AApr 23, 2026
- DEF 14AApr 23, 2026
- ARSApr 23, 2026
- 4Apr 1, 2026
- 3Apr 1, 2026
- 8-KApr 1, 2026
- SCHEDULE 13D/AMar 11, 2026
- S-8Mar 9, 2026
- 10-KMar 9, 2026
- 8-KMar 9, 2026
- SCHEDULE 13G/AFeb 17, 2026
Event-driven situations (2)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.