Disc Medicine Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	140.66	192.43	360.38	194.61	88.04	25.83
Short-Term Investments	475.26	297.45	-	-	-	-
Cash & Short-Term Investments	615.92	489.88	360.38	194.61	88.04	25.83
Cash Growth	26.38%	35.93%	85.18%	121.06%	240.89%	-
Prepaid Expenses	11.25	3.73	5.28	3.88	2.45	0.37
Total Current Assets	627.17	493.62	365.66	198.49	90.48	26.19
Property, Plant & Equipment	2.45	2.32	2.1	1.6	1.75	1.13
Other Long-Term Assets	0.84	0.84	0.23	0.12	0.18	0.06
Total Assets	630.46	496.77	368	200.21	92.41	27.38
Accounts Payable	7.27	7.95	12.63	16.16	2.56	0.59
Accrued Expenses	18.82	15.24	8.15	6.11	4.1	2.44
Current Portion of Leases	0.66	0.13	0.67	0.31	0.32	0.2
Other Current Liabilities	-	-	-	-	6.45	-
Total Current Liabilities	26.74	23.32	21.44	22.58	13.42	3.22
Long-Term Debt	28.95	28.32	-	-	-	-
Long-Term Leases	1.37	1.55	1.44	1.03	1.33	0.85
Total Liabilities	57.07	53.19	22.88	23.61	14.76	4.07
Common Stock	0	0	0	0	-	0
Additional Paid-In Capital	1,022	741.3	533.76	288.81	1.19	0.61
Retained Earnings	-449.66	-298	-188.65	-112.22	-65.39	-29.42
Comprehensive Income & Other	0.72	0.29	-	-	-	-
Total Common Equity	573.39	443.59	345.12	176.6	-64.2	-28.81
Shareholders' Equity	573.39	443.59	345.12	176.6	77.65	23.3
Total Liabilities & Equity	630.46	496.77	368	200.21	92.41	27.38
Total Debt	30.98	30	2.1	1.33	1.65	1.05
Net Cash (Debt)	584.94	459.88	358.28	193.28	86.38	24.78
Net Cash Growth	20.46%	28.36%	85.37%	123.74%	248.66%	-
Net Cash Per Share	17.52	16.66	16.05	185.93	98.34	3.57
Filing Date Shares Outstanding	37.75	34.57	24.68	19	8.3	6.93
Total Common Shares Outstanding	35.01	29.87	24.36	17.4	8.3	6.93
Working Capital	600.42	470.3	344.22	175.91	77.06	22.97
Book Value Per Share	16.38	14.85	14.17	10.15	-7.74	-4.16
Tangible Book Value	573.39	443.59	345.12	176.6	-64.2	-28.81
Tangible Book Value Per Share	16.38	14.85	14.17	10.15	-7.74	-4.16
Machinery	-	0.59	0.42	0.31	0.16	0.09
Leasehold Improvements	-	0.57	-	-	-	-

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q