Restatement of Previously Issued Consolidated Financial Statements (Tables)

12 Months Ended

Dec. 31, 2025

Consolidated Balance Sheet – As of January 1, 2024


		As Previously Reported			Adjustment			As Restated
Liabilities
SAFE Notes		$	2,047,000		$	(1,085,061)		$	961,939
Total liabilities		$	2,075,994		$	(1,085,061)		$	990,933
Total stockholders’ equity (deficit)		$	(630,192)		$	1,085,061		$	454,869

Consolidated Balance Sheet – As of December 31, 2024


		As Previously Reported			Adjustment			As Restated
SAFE Notes subscription receivable		$	110,000			(10,000)		$	100,000
Total assets		$	6,873,001		$	(10,000)		$	6,863,001
Liabilities
SAFE Notes		$	15,224,665		$	(4,441,280)		$	10,783,385
Total liabilities		$	15,386,102		$	(4,441,280)		$	10,944,822
Total stockholders’ deficit		$	(8,513,101)		$	4,431,280		$	(4,081,821)

Consolidated Statement of Operations – For the year ended December 31, 2024


		As Previously Reported			Adjustment			As Restated
Operating expenses:
General and administrative expenses		$	2,419,009		$	1,022,811		$	3,441,820
Research and development expenses		$	643,642		$	17,541		$	661,183
Other non-operating income (expense):
Change in fair value of SAFE Notes		$	(4,987,665)		$	3,356,219		$	(1,631,446)
Net loss		$	(8,029,236)		$	2,315,867		$	(5,713,369)
Basic and diluted weighted average shares outstanding of common stock			13,877,567			(3,840,316)			10,037,251
Basic and diluted net loss per share of common stock		$	(0.58)		$	0.01		$	(0.57)

Consolidated Statement of Stockholders’ Equity (Deficit) for the year ended December 31, 2024

Consolidated Statement of Cash Flows for the year ended December 31, 2024


	As Previously Reported		Adjustment		As Restated
Cash flows from operating activities:
Net loss	$	(8,029,236)	$	2,315,867	$	(5,713,369)
Change in fair value of SAFE Notes		4,987,665		(3,356,219)		1,631,446
Stock-based compensation		140,935		1,030,352		1,171,287

DEEP FISSION, INC. S-1