Meridian™
Universe

FISN · CIK 0001918102 · FY2025 live · 2025-12-31

DEEP FISSION, INC.

DistressSEC 10-KZ″Utilities54th percentile in Utilities · 132 names

View as

Model

Z″

FY2025

0.96

Zone

Distress

Prior

—

Market DD

—

1y PD

—

0.96

Classic Z −0.01

−21.12.68+

Z″ 0.96 · distress below 1.10, grey to 2.60, safe above.

Z″ factor contributions

  • X1 Working capital / assets

    Short-term liquidity. Carries more weight in Z″ than in classic Z.

    0.89
    6.56 × = 5.85

  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    −2.70
    3.26 × = −8.81

  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    −0.87
    6.72 × = −5.82

  • X4 Book equity / liabilities

    Book equity versus the liability stack. Sales / assets is omitted so asset-light names keep turnover from dragging the score.

    9.27
    1.05 × = 9.73

Five-year path

Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings.

Meridian Rank

34.45

0–100 · Z″ family

  • Book standing

    47

  • Year change

    —

  • Market PD

    —

  • O-score

    1

Events on this name

Same published rows as Today.

No published events on this print.

Overview

rule-v1

DEEP FISSION, INC. is on Z″ at 0.96 (distress) for FY2025, from an SEC 10-K. Book equity / liabilities is the line that sets the print; retained earnings / assets is the runner-up. This is the first live year on the desk. No market tape loaded. Z″ omits sales/assets so asset-light names keep turnover from dragging the score. X4 is book equity on every name.

Book screen Distress; market PD —. Market PD has not been priced on this name.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Z″ scores · 54th percentile in Utilities.

Filing line items

Current assets

$24M

Total assets

$25M

Current liabilities

$2M

Total liabilities

$2M

Working capital

$22M

Retained earnings

−$67M

EBIT

−$21M

Total sales

$0

Book equity

$22M

Accession 0001104659-26-043870. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Z″ is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.