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FISNDeep Fission, Inc.

Is Deep Fission struggling financially?

Yes, by its own account. Deep Fission told the SEC on 17 Jun 2026, in Form DEF 14A, that there is substantial doubt about its ability to continue as a going concern.

Going concern disclosed Jun 2026

30/100

Fragile

Cries for help

  • Needs to raise money

    We expect that we will need to raise additional capital through equity issuances, debt financings, strategic partnerships, government programs, or other financing arrangements.

    Form 10-K, filed 15 Apr 2026. Read it on SEC.gov

Signs of a way out

Nothing in the filings we have read names a way out.

Sector
Industrial/Cyclical
Market cap
$486.0M
Source filing
DEF 14A 17 Jun 2026
Balance sheet
30 Jun 2026

Cash runway

72+ mo

Runs out some time after Jun 2032, raising nothing.

Out of cashTwo years or more

The runway math

Cash and short-term investments

$93.0M

÷

Cash burned over the last 12 months

$13.1M

What Deep Fission told the SEC

…reports qualified or modified as to uncertainty, audit scope or accounting principles, except that such reports included an explanatory paragraph regarding substantial doubt about the Company’s ability to continue as a going concern. During the years ended December 31, 2024 and 2023 and the subsequent interim period through February 27, 2026, there were no (i) disagreements (as defined in Item 304(a)(1)(iv) of…

Deep Fission, Inc., Form DEF 14A, filed 17 Jun 2026.

Read the filing on SEC.gov

What this means

  • Not a bankruptcy filing, and not a prediction.
  • It is the company’s own statement, agreed with its auditor, that the doubt is material enough to disclose.
  • The runway is arithmetic on two reported numbers, not a forecast. Companies carry this language for years, raise money and keep going.

What else the numbers show

  • 970.6% share-count increase The company issued stock. Each share now owns 90.7% less of the business than a year ago, before any change in the price.
  • Cash burn is increasing It is spending 95% more cash per year than it was, so the runway above shortens even if nothing else changes.

Other Industrial/Cyclical companies that filed the doubt