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FISN • CIK 0001918102
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| General and Administrative Expense | $47.625 | $44.81 | $14,766.607 | $41,997.57 |
| Research and Development Expense | — | — | $6,617.562 | $31,236.562 |
| Operating Income (Loss) | $-47.625 | $-44.81 | $-21,384.169 | $-74,784.132 |
| Operating Expenses | — | — | $21,384.169 | $70,989.169 |
| Net Income (Loss) Attributable to Parent | $-47.625 | $-44.81 | $-61,002.954 | $-113,331.917 |
| Weighted Average Number of Shares Outstanding, Basic | 5,000,000 | 5,000,000 | 25,332,277 | 73,864,743 |
| Weighted Average Number of Shares Outstanding, Diluted | 5,000,000 | 5,000,000 | 17,391,203 | 65,923,669 |
| Investment Income, Interest | — | — | $210.987 | $210.987 |
| Derivative, Gain (Loss) on Derivative, Net | — | — | $-39,834.049 | $-36,715.049 |
| Other Nonoperating Income (Expense) | — | — | $4.277 | $6.277 |
| Nonoperating Income (Expense) | — | — | $-39,618.785 | $-35,430.785 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | — | — | $23,719.422 | $93,016 |
| Prepaid Expense and Other Assets, Current | — | — | $713.154 | $713.154 |
| Property, Plant and Equipment, Net | — | — | $37.102 | $101 |
| Derivative Asset, Current | — | — | $100 | $28 |
| Prepaid Expense, Noncurrent | — | — | $221.407 | $9,388 |
| Assets, Current | $0.774 | $3.464 | $24,432.576 | $97,769 |
| Assets | $0.774 | $3.464 | $24,691.085 | $107,308 |
| Derivative Liability, Noncurrent | — | — | $15,546.127 | $15,546.127 |
| Liabilities | $110.225 | $157.725 | $2,403.972 | $8,553 |
| Accounts Payable, Current | — | — | $538.27 | $5,069 |
| Accrued Liabilities, Current | — | — | $185.164 | $1,094 |
| Accrued Salaries, Current | — | — | $25.031 | $2,334 |
| Deferred Compensation Share-based Arrangements, Liability, Current | — | — | $1,655.507 | $1,656 |
| Common Stock, Value, Issued | $0.5 | $0.5 | $5.11 | $6 |
| Additional Paid in Capital | — | — | $89,009.102 | $217,829 |
| Retained Earnings (Accumulated Deficit) | $-109.951 | $-154.761 | $-66,727.099 | $-119,080 |
| Stockholders' Equity Attributable to Parent | $-109.451 | $-154.261 | $22,287.113 | $98,755 |
| Common Stock, Shares Authorized | 50,000,000 | 50,000,000 | 300,000,000 | 300,000,000 |
| Common Stock, Shares, Issued | 5,000,000 | 5,000,000 | 51,099,089 | 59,745,938 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | $-61,002.954 | $-106,419.954 |
| Net Cash Provided by (Used in) Operating Activities | $-46.277 | $-44.81 | $-13,051.195 | $-55,495.758 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $16,990.527 | $88,237.527 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $0.774 | $3.464 | $23,719.422 | $108,484.076 |
| Depreciation | — | — | $8.327 | $19.327 |
| Payments to Acquire Property, Plant, and Equipment | — | — | $43.436 | $92.436 |
| Derivative, Gain (Loss) on Derivative, Net | — | — | $-39,834.049 | $-36,715.049 |
| Net Cash Provided by (Used in) Investing Activities | — | — | $-43.436 | $-92.436 |
| Share-based Payment Arrangement, Noncash Expense | — | — | $8,424.803 | $25,921.803 |
| Proceeds, Issuance of Shares, Share-based Payment Arrangement, Excluding Option Exercised | — | — | $1.098 | $1.098 |
| Proceeds from Derivative Instrument, Financing Activities | — | — | $2,993.8 | $1,282.8 |
| Proceeds from Issuance of Common Stock | — | — | $30,000 | $30,000 |
| Payments of Stock Issuance Costs | — | — | $2,909.74 | $2,909.74 |
| Repayments of Related Party Debt | $0.518 | $0.518 | $10 | $10 |
| Net Cash Provided by (Used in) Financing Activities | $46.982 | $47.5 | $30,085.158 | $141,897.158 |
| Fair Value of Assets Acquired | — | — | $110 | $110 |
| Debt Conversion, Original Debt, Amount | — | — | $53,511.234 | $53,511.234 |
| Increase (Decrease) in Prepaid Expense | — | — | $902.448 | $13,979.448 |
| Increase (Decrease) in Accounts Payable | — | — | $443.473 | $2,785.473 |
| Increase (Decrease) in Accrued Liabilities | — | — | $153.387 | $795.387 |
| Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities | — | — | $-9.832 | $2,318.168 |