10-Q quarterly report · filed Nov 6, 2025

Disc Medicine, Inc. (IRON) Q3 2025 10-Q Quarterly Report

Short answer

Disc Medicine, Inc. (IRON) filed its Q3 2025 10-Q quarterly report on Nov 6, 2025 for the quarter ended Sep 30, 2025.

Q3 2025 key financials · XBRL

Net income
−$62M
−134.3% YoY · −12.8% QoQ
EPS (diluted)
−$1.78
−104.6% YoY · −11.9% QoQ

Source: XBRL data from the Disc Medicine, Inc. (IRON) Q3 2025 10-Q on SEC EDGAR. USD.

Disc Medicine, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • No profitability or margin figures presented in provided text
  • No segment or product line performance details mentioned
  • No management commentary on near-term outlook or updated guidance

Risk Factors

  • New risk: Rapid NDA filing for bitopertin in EPP and XLP in Sept 2025 with FDA's National Priority Voucher accelerates review to 1-2 months, increasing near-term regulatory pressure
  • Updated financial risk: Entered $200M senior secured Hercules Loan in Nov 2024 with maturity Dec 2029, including restrictive covenants and minimum qualified cash requirements
  • Regulatory risk: Potential FDA or TGA demands for additional preclinical studies beyond Roche data could delay marketing approvals for bitopertin
  • Operational risk: Uncertainty in completing Phase 3 and pivotal clinical trials; reliance on limited open-label Phase 2 studies raises risk to approval timelines
  • Financial risk: Cash runway extends into 2029 including 2025 public offering proceeds, but accelerating commercialization expenses for bitopertin may elevate future capital needs

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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