Deep Fission, Inc. (FISN) Cash Flow Statement
Where FISN’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- −$13.1M
- Capital expenditures
- $43,436
- Free cash flow
- −$13.1M
- Returned to shareholders
- —
- Change in cash
- $17.0M cash at year-end $23.7M
Drawn to scale: where the cash came from and how it was used. Hover for values.
FISN operating cash flow, capex and free cash flow
FISN cash flow trends, 2024–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$2.8M2024 | −$13.1M2025 | — | |
| Capital expenditures | $2,6572024 | $43,4362025 | +1,534.8%/yr | |
| Free cash flow | −$2.8M2024 | −$13.1M2025 | — | |
| Stock-based compensation | $1.2M2024 | $8.4M2025 | +619.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FISN cash flow by activity
FISN net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
FISN cash flow statement
| 2025 | 2024 | |
|---|---|---|
| Operating activities | ||
| Net income | −$61.0M | −$5.7M |
| Depreciation & amortization | $8,327 | $664 |
| Stock-based compensation | $8.4M | $1.2M |
| Change in working capital | −$315,420 | $110,330 |
| Other non-cash items | $39.8M | $1.6M |
| Cash from operating activities | −$13.1M | −$2.8M |
| Investing activities | ||
| Capital expenditures | −$43,436 | −$2,657 |
| Acquisitions & other investing | $0 | — |
| Cash from investing activities | −$43,436 | — |
| Financing activities | ||
| Net borrowing (repayment) | $3.0M | $8.6M |
| Shares issued | $30.0M | $0 |
| Other financing | −$2.9M | $5,392 |
| Cash from financing activities | $30.1M | $8.6M |
| Summary | ||
| Net change in cash | $17.0M | $5.8M |
| Cash at end of period | $23.7M | $6.7M |
| Free cash flow | −$13.1M | −$2.8M |
| Jun '26 | Mar '26 | Mar '25 | |
|---|---|---|---|
| Operating activities | |||
| Net income | −$31.0M | −$21.3M | −$3.1M |
| Depreciation & amortization | $13,000 | $6,850 | $526 |
| Stock-based compensation | $7.3M | $10.4M | $31,999 |
| Change in working capital | −$4.8M | −$3.1M | $58,388 |
| Other non-cash items | $0 | $0 | $1.4M |
| Cash from operating activities | −$28.4M | −$14.0M | −$1.6M |
| Investing activities | |||
| Capital expenditures | −$25,000 | −$53,439 | −$15,155 |
| Acquisitions & other investing | $0 | $0 | — |
| Cash from investing activities | −$25,000 | −$53,439 | — |
| Financing activities | |||
| Net borrowing (repayment) | — | $0 | $860,800 |
| Shares issued | $0 | $80.0M | $0 |
| Other financing | $36.7M | −$4.9M | $0 |
| Cash from financing activities | $36.7M | $75.1M | $860,800 |
| Summary | |||
| Net change in cash | $8.2M | $61.0M | −$782,263 |
| Cash at end of period | $93.0M | $84.8M | $5.9M |
| Free cash flow | −$28.4M | −$14.1M | −$1.6M |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
FISN cash generation
In fiscal 2025 (ended December 31, 2025), Deep Fission generated -$13.1 million of cash from operations and spent $0.0 million on capital expenditures, leaving free cash flow of -$13.1 million. Cash and equivalents rose by $17.0 million over the year.
Related: FISN income statement, FISN balance sheet. See the FISN stock overview for the latest quote and news.
FISN cash flow FAQ
What is Deep Fission's free cash flow?
Deep Fission's free cash flow was -$13.1 million in fiscal 2025: -$13.1 million of operating cash flow minus $0.0 million of capital expenditures It was -$2.8 million a year earlier..
How much cash does Deep Fission generate from operations?
Deep Fission generated -$13.1 million of cash from operating activities in fiscal 2025.
How much does Deep Fission spend on capital expenditures?
Deep Fission spent $0.0 million on capital expenditures in fiscal 2025, compared with $0.0 million the year before.