FERMI INC

Ticker: FRMI CUSIP: 314911108 Class: Common Stock

HORIZON KINETICS ASSET MANAGEMENT LLC's Holding History (CIK: 0001056823)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 108,701 Value ($000) $870 Avg Close $19.51 Range $7.28 - $36.99

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	108,701	$870	$19.51	$7.28 - $36.99