DEEP FISSION, INC.
For the period ended Sep 30, 2025. Filed Nov 14, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 14, 2025
FISN$2.12-25.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| | | | | | | |
|---|---|---|---|---|---|---|
| | For the nine months ended | |||||
| · · September 30, | ||||||
| | 2025 | 2024 | ||||
| Cash flows from operating activities: | | | | | | |
| Net loss | $(47,527,343) | $(4,074,114) | ||||
| Adjustments to reconcile net loss to net cash used in operating activities: | | | | | | |
| Depreciation | | | 5,207 | | | 221 |
| Change in fair value of SAFE notes | | | 35,239,799 | | | 2,500,000 |
| Stock-based compensation | | | 5,567,153 | | | 139,880 |
| Changes in operating assets and liabilities: | | | | | | |
| Prepaid expenses | | | (225,010) | | | (77,386) |
| Accounts payable | | | 118,414 | | | 45,892 |
| Accrued expenses | | | 343,493 | | | — |
| Accrued compensation | | | (18,019) | | | 62,256 |
| Net cash used in operating activities | | | (6,496,306) | | | (1,403,251) |
| | | | | | | |
| Cash flows from investing activities: | | | | | | |
| Purchases of property and equipment | | | (28,704) | | | (2,436) |
| Net cash used in investing activities | | | (28,704) | | | (2,436) |
| | | | | | | |
| Cash flows from financing activities: | | | | | | |
| Proceeds from exercise of restricted stock awards | | | 1,116 | | | 5,393 |
| Proceeds from SAFE notes | | | 2,972,839 | | | 4,490,000 |
| Proceeds from private placement | | | 30,000,000 | | | — |
| Offering costs | | | (2,935,909) | | | — |
| Payment of related party loan | | | — | | | (10,000) |
| Net cash provided by financing activities | | | 30,038,046 | | | 4,485,393 |
| | | | | | | |
| Net increase in cash and cash equivalents | | | 23,513,036 | | | 3,079,706 |
| | | | | | | |
| Cash and cash equivalents, beginning of the period | | | 6,728,895 | | | 945,802 |
| Cash and cash equivalents, end of the period | $30,241,931 | $4,025,508 | ||||
| | | | | | | |
| Supplemental cash flow information: | | | | | | |
| Cash paid for income taxes | $— | $— | ||||
| Cash paid for interest | $— | $350 | ||||
| Conversion of SAFE Notes into common stock | | $53,328,419 | | $— | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.