8-K
filed April 9, 2026, 7:59 PM ET
CIK 0001918102
regulatory
confidence medium
sentiment negative
materiality 0.85
Deep Fission restates financials due to SAFE and stock-comp valuation errors
DEEP FISSION, INC.
- Board determined Q2/Q3 2025 interim and FY 2024 audited statements are unreliable due to valuation model input errors for SAFEs and stock-based compensation.
- Errors affect fair value of SAFEs and equity compensation expense; cash flows are not affected as transactions were non-cash.
- Company expects a restatement of the affected financial statements; quantitative impact under evaluation and not yet determined.
- Restated financials will be included in the upcoming Form 10-K for the year ended December 31, 2025.
- Audit committee discussed matters with new auditor Grant Thornton LLP, which will reaudit 2024 and audit 2025 financials.
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