That wasn't my understanding of how class D works. Yes the digital signal is being converted to an analog signal but at the amplifier section not at the input section. A DAC converts digital to analog but a class D amp to my understanding does the same thing but with gain. So typically a digital signal implementing a DAC converts it twice using a Class D amplifier. Digital to analog then a ADC in the amp converts into what the Amp can read and then outputs analog.
According to PeachTree
• Coaxial S/PDIF input with native support up to 24-bit/192kHz
• DAC-less design
I'm not an engineer or do I play one on TV but I believe (which can easily be full of whatever is in that bucket) That it truly is a DAC-less design.