DEEP FISSION, INC.
For the period ended Mar 31, 2026. Filed May 8, 2026.
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.
Mar 31, 2026 · Filed May 8, 2026
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
(Unaudited)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · For the Three Months Ended | ||||||
| · · March 31 | ||||||
| · · 2026 · · 2025 | ||||||
| Cash flows from operating activities: | | | | | | |
| Net loss | $(21,343,447) | $(3,136,887) | ||||
| Adjustments to reconcile net loss to net cash used in operating activities: | | | | | | |
| Depreciation and amortization | | | 6,850 | | | 526 |
| Change in fair value of SAFE notes | | | — | | | 1,418,066 |
| Stock-based compensation | | | 10,384,851 | | | 31,999 |
| Changes in operating assets and liabilities: | | | | | | |
| Prepaid expenses | | | (6,146,064) | | | (106,338) |
| Other current assets | | | (39,275) | | | — |
| Accounts payable | | | 1,642,755 | | | 216,900 |
| Accrued expenses | | | 679,126 | | | (24,507) |
| Accrued compensation | | | 767,444 | | | (27,667) |
| Net cash used in operating activities | | | (14,047,760) | | | (1,627,908) |
| | | | | | | |
| Cash flows from investing activities: | | | | | | |
| Purchases of property and equipment | | | (53,439) | | | (15,155) |
| Net cash used in investing activities | | | (53,439) | | | (15,155) |
| | | | | | | |
| Cash flows from financing activities: | | | | | | |
| Proceeds from convertible SAFE notes | | | — | | | 860,800 |
| Proceeds from private placement | | | 80,000,000 | | | — |
| Offering costs paid | | | (4,850,668) | | | — |
| Net cash provided by financing activities | | | 75,149,332 | | | 860,800 |
| | | | | | | |
| Net increase (decrease) in cash and cash equivalents | | | 61,048,133 | | | (782,263) |
| | | | | | | |
| Cash and cash equivalents, beginning of the year | | | 23,719,422 | | | 6,728,895 |
| Cash and cash equivalents, end of the year | $84,767,555 | $5,946,632 | ||||
| | | | | | | |
| Supplemental cash flow information: | | | | | | |
| Subscription of SAFE notes | $— | $33,000 | ||||
| Right-of-use assets acquired through operating leases | $62,088 | $— | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.