The thyroid gland is a butterfly-shaped organ located in the neck below the larynx. It is composed of follicles containing colloid surrounded by follicle cells that produce thyroid hormones like T3 and T4. The hormones regulate metabolism and are synthesized through a process involving iodine uptake, incorporation into the hormones, and diffusion out of the gland. Disorders can arise from abnormal hormone secretion levels like hyperthyroidism and hypothyroidism, or from non-toxic goiter causing gland enlargement without excess hormones.