Design Therapeutics, Inc. Segments Disclosure
14. Segment Information
The Company manages the business activities at the consolidated level and operates in one operating and reportable segment. The Company’s CODM is its . The CODM primarily utilizes long-range financial projections and cash runway in order to allocate resources and to assess performance. As of December 31, 2025, the Company has no revenue and all the Company’s long-lived assets were located within the United States. The CODM is regularly provided with the following significant segment expenses:
|
|
Year ended December 31, |
|
|||||
|
|
2025 |
|
|
2024 |
|
||
Interest income |
|
$ |
9,675 |
|
|
$ |
12,795 |
|
Less: |
|
|
|
|
|
|
||
Direct program expense |
|
|
37,653 |
|
|
|
24,679 |
|
Personnel expense |
|
|
17,531 |
|
|
|
15,323 |
|
Stock-based compensation expense |
|
|
14,549 |
|
|
|
13,072 |
|
Other segment items (a) |
|
|
9,734 |
|
|
|
9,309 |
|
Segment net loss |
|
$ |
(69,792 |
) |
|
$ |
(49,588 |
) |
Net loss |
|
$ |
(69,792 |
) |
|
$ |
(49,588 |
) |
(a) Other segment items included in Segment net loss includes professional services, consulting and other outside services expenses, depreciation expense, insurance, facilities, and other overhead items.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 9, 2026 | Showing above |
| 2024 | Mar 10, 2025 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.