Disc Medicine Inc
Disc Medicine Inc operates as a biotechnology company within the Health Care sector, focusing on drug discovery and development activities.
Business. Disc Medicine Inc is a biotechnology company operating within the Health Care sector. The firm is headquartered in the United States and trades on the NASDAQ under the ticker symbol IRON.O. Specific details regarding operating segments and geographic revenue mix are not available.
At a glance
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- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Disc Medicine Inc is a biotechnology company operating within the Health Care sector. The firm is headquartered in the United States and trades on the NASDAQ under the ticker symbol IRON.O. Specific details regarding operating segments and geographic revenue mix are not available.
Disc Medicine Inc maintains a conservative capital structure with total liabilities of $67.1 million against total equity of $740 million, resulting in a debt-to-equity ratio of 0.04. The balance sheet includes $91.1 million in cash and equivalents and $29.2 million in long-term debt. The company reports low liquidity risk and low dilution risk, with no immediate filing-based flags detected for liquidity or dilution pressures.
Profitability metrics reflect the pre-commercial stage of the business, with a return on equity of -28.7% and a return on assets of -26.3%. The company recorded an operating income of -$236.0 million and a net income of -$212.2 million for the latest period. These negative returns are consistent with the high burn rate typical of early-stage biotechnology firms investing in research and development prior to revenue generation.
Segment and geographic revenue data are not provided in the available input, preventing an analysis of revenue concentration or regional exposure. The company's financial profile is dominated by operating losses rather than diversified revenue streams.
Growth trajectory analysis is limited by the absence of historical period data in the input. The current financial snapshot shows a significant operating cash flow outflow of -$180.4 million, indicating substantial capital consumption. Capital expenditure is minimal at $0.9 million, suggesting that cash burn is primarily driven by operating expenses rather than asset acquisition.
Risk assessment indicates low liquidity and dilution risks. The key flags section notes no immediate filing-based liquidity or dilution flags. The company's primary risk appears to be operational, centered on the ability to generate positive cash flow from operations given the current negative operating income and cash flow from operations.
Recent news event observations indicate system-level reconciler activities for the ticker IRON.O, with no specific corporate actions, filings, or transcript events disclosed in the input data. The absence of specific news events limits the ability to assess recent market sentiment or corporate developments.
- The company maintains a strong balance sheet with $91.1 million in cash and minimal long-term debt of $29.2 million.
- Operating losses of $236.0 million and negative operating cash flow of $180.4 million highlight the pre-revenue nature of the business.
- Low debt-to-equity ratio of 0.04 suggests limited financial leverage and low solvency risk.
- No segment or geographic revenue data is available to assess diversification or concentration risks.
- Risk assessment flags are clean, with low liquidity and dilution risks noted.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director, Chief Executive Officer · Stock Option (Right to Buy) → Common StockDisposed 7 416 @ $13,50exercise · 2026-07-13
- Director, Chief Executive Officer · Stock Option (Right to Buy) → Common StockDisposed 25 584 @ $9,86exercise · 2026-07-13
- Chief Operating Officer · Stock Option (Right to Buy) → Common StockDisposed 100 @ $13,50exercise · 2026-07-07
- Chief Legal Officer · Stock Option (Right to Buy) → Common StockDisposed 1 649 @ $14,69exercise · 2026-06-29
- Chief Legal Officer · Stock Option (Right to Buy) → Common StockDisposed 851 @ $14,69exercise · 2026-06-26
- Chief Operating Officer · Stock Option (Right to Buy) → Common StockDisposed 300 @ $13,50exercise · 2026-06-26
- Chief Operating Officer · Stock Option (Right to Buy) → Common StockDisposed 9 700 @ $13,50exercise · 2026-06-22
- Director · Stock Option (Right to Buy) → Common StockAcquired 6 212 @ $70,79grant · 2026-06-18
- Chief Legal Officer · Stock Option (Right to Buy) → Common StockDisposed 7 500 @ $14,69exercise · 2026-06-18
- Director, Chief Executive Officer · Stock Option (Right to Buy) → Common StockDisposed 34 000 @ $9,86exercise · 2026-06-18
- Director · Stock Option (Right to Buy) → Common StockAcquired 6 212 @ $70,79grant · 2026-06-18
- Director · Stock Option (Right to Buy) → Common StockAcquired 6 212 @ $70,79grant · 2026-06-18
- Director · Stock Option (Right to Buy) → Common StockAcquired 6 212 @ $70,79grant · 2026-06-18
- Director · Stock Option (Right to Buy) → Common StockAcquired 6 212 @ $70,79grant · 2026-06-18
- Director · Stock Option (Right to Buy) → Common StockAcquired 6 212 @ $70,79grant · 2026-06-18
- Director · Stock Option (Right to Buy) → Common StockAcquired 5 176 @ $70,79grant · 2026-06-18
- Chief Operating Officer · Stock Option (Right to Buy) → Common StockDisposed 13 351 @ $9,86exercise · 2026-06-16
- Chief Operating Officer · Stock Option (Right to Buy) → Common StockDisposed 5 261 @ $9,86exercise · 2026-06-16
- Chief Operating Officer · Stock Option (Right to Buy) → Common StockAcquired 25 500 @ $74,75grant · 2026-02-10
- Chief Legal Officer · Stock Option (Right to Buy) → Common StockAcquired 25 500 @ $74,75grant · 2026-02-10
- Chief Commercial Officer · Stock Option (Right to Buy) → Common StockAcquired 25 500 @ $74,75grant · 2026-02-10
- Chief Medical Officer · Stock Option (Right to Buy) → Common StockAcquired 25 500 @ $74,75grant · 2026-02-10
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Return On Equitynet_income / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Return On Assetsnet_income / total_assets
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Disc Medicine, Inc. Market data — financials · 2026-07-28
- reconciler_enqueue (reconciler) on IRON.O · 2026-07-28
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,03 %$39M
- Investment Managers · as of 2026-03-310,02 %$111M
- Institutional Investor · as of 2026-03-310,02 %$357M
- Investment Managers · as of 2026-03-310,01 %$0M
- Investment Managers · as of 2026-03-310,01 %$41M
- Investment Managers · as of 2026-03-310,01 %$25M
- Investment Managers · as of 2026-03-310,00 %$109M
- Investment Managers · as of 2026-03-310,00 %$48M
- Investment Managers · as of 2026-03-310,00 %$16M
- Institutional Investor · as of 2026-03-310,00 %$13M
- Investment Managers · as of 2026-03-310,00 %$16M
- Investment Managers · as of 2025-12-310,00 %$140M
- Investment Managers · as of 2024-06-300,00 %$65M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$6M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2024-12-310,00 %$3M
- Brokerage Firms · as of 2026-03-310,00 %$3M
- Institutional Investor · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$6M
- Funds · as of 2026-03-310,00 %$2M
- Brokerage Firms · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$0M
Leadership
- Don W. NicholsonExecutive Chairman of the Board
- John D. QuiselPresident, Chief Executive Officer, Director
Insider activity
- Director, Chief Executive Officer · Common StockOther 7 416 @ $13,50$100K · 2026-07-13
- Director, Chief Executive Officer · Common StockSold 6 400 @ $76,05$487K · 2026-07-13
- Director, Chief Executive Officer · Common StockOther 25 584 @ $9,86$252K · 2026-07-13
- Director, Chief Executive Officer · Common StockSold 9 704 @ $74,27$721K · 2026-07-13
- Director, Chief Executive Officer · Common StockSold 16 896 @ $74,95$1,3M · 2026-07-13
- Chief Operating Officer · Common StockOther 100 @ $13,50$1K · 2026-07-07
- Chief Operating Officer · Common StockSold 100 @ $82,50$8K · 2026-07-07
- Chief Legal Officer · Common StockOther 1 649 @ $14,69$24K · 2026-06-29
- Chief Legal Officer · Common StockSold 1 649 @ $75,00$124K · 2026-06-29
- Chief Operating Officer · Common StockOther 300 @ $13,50$4K · 2026-06-26
- Chief Operating Officer · Common StockSold 300 @ $72,50$22K · 2026-06-26
- Chief Legal Officer · Common StockSold 851 @ $75,00$64K · 2026-06-26
- Chief Legal Officer · Common StockOther 851 @ $14,69$13K · 2026-06-26
- Chief Operating Officer · Common StockOther 9 700 @ $13,50$131K · 2026-06-22
- Chief Operating Officer · Common StockSold 9 700 @ $72,66$705K · 2026-06-22
- Chief Legal Officer · Common StockSold 1 600 @ $70,73$113K · 2026-06-18
- Chief Legal Officer · Common StockOther 7 500 @ $14,69$110K · 2026-06-18
- Chief Legal Officer · Common StockSold 5 400 @ $69,94$378K · 2026-06-18
- Chief Legal Officer · Common StockSold 500 @ $71,62$36K · 2026-06-18
- Director, Chief Executive Officer · Common StockOther 34 000 @ $9,86$335K · 2026-06-18
- Director, Chief Executive Officer · Common StockSold 22 927 @ $69,92$1,6M · 2026-06-18
- Director, Chief Executive Officer · Common StockSold 9 522 @ $70,70$673K · 2026-06-18
- Director, Chief Executive Officer · Common StockSold 1 551 @ $71,61$111K · 2026-06-18
- Chief Operating Officer · Common StockSold 11 651 @ $68,76$801K · 2026-06-16
- Chief Operating Officer · Common StockOther 13 351 @ $9,86$132K · 2026-06-16
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Long-term debt (annual): USD 29.16MUnknown
- Shares outstanding (annual): 37.89MUnknown
- Cash & equivalents (annual): USD 91.14MUnknown
- Shareholders' equity (annual): USD 739.83MUnknown
- EPS (basic) (annual): USD-PER-SHARES -6Unknown
- Current liabilities (annual): USD 36.64MUnknown
- Total liabilities (annual): USD 67.05MUnknown
- Current assets (annual): USD 803.9MUnknown
- Total assets (annual): USD 806.88MUnknown
- Capex (annual): USD 933KUnknown
- Operating cash flow (annual): USD -180.39MUnknown
- R&D expense (annual): USD 170.64MUnknown
- EPS (diluted) (annual): USD-PER-SHARES -6Unknown
- Pre-tax income (annual): USD -211.82MUnknown
- Net income (annual): USD -212.18MUnknown
- Operating income (annual): USD -236.02MUnknown
- Total operating expenses (annual): USD 236.02MUnknown
- Pre-tax income (annual): USD -109MUnknown
- Total liabilities (annual): USD 53.19MUnknown
- Current assets (annual): USD 493.62MUnknown
- Shares outstanding (annual): 29.87MUnknown
- Capex (annual): USD 505KUnknown
- Current liabilities (annual): USD 23.32MUnknown
- Operating cash flow (annual): USD -93.93MUnknown