Company: HYSR
Filing Date: 2025-09-15
Form Type: 10-K
Source: 0001213900-25-087311
Chunk: 758

Company: SUNHYDROGEN, INC.
Filing Date: 2025-09-15
Form: 10-K
Item: Item 9
Chunk 758
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umptions used in the calculation of grant date fair value of the stock options are as follows:

    Risk free interest rate 
     4.09% – 4.25% 
  
    Expected volatility 
     114% – 119% 
  
    Stock price per share 
     $0.0165-$0.0237 
  
    Expected term [1] 
     4.25-4.50 years 

[1]When determining the expected term for options issued, the Company
used the simplified method.

Warrants

Transactions involving our warrants are summarized
as follows:

Year Ended June 30, 2025

    Weighted
    Average 

    Number of  
    Exercise 

    Warrants  
    Price 
  
    Warrants outstanding at June 30, 2024 
     78,095,239  
    $0.121 
  
    Issued 
     -  
    $- 
  
    Canceled/Expired 
     -  
    $- 
  
    Exercised 
     -  
    $- 
  
    Warrants outstanding at June 30, 2025 
     78,095,239  
    $0.121 

Year Ended June 30, 2024

    Weighted  Average 

    Number of  
    Exercise 

    Warrants  
    Price 
  
    Warrants outstanding at June 30, 2023 
     86,495,239  
    $0.121 
  
    Issued 
     -  
    $- 
  
    Canceled/Expired 
     -  
    $- 
  
    Exercised 
     (8,400,000) 
    $(0.094)
  
    Warrants outstanding at June 30, 2024 
     78,095,239  
    $0.121 

Details of our warrants outstanding as of June
30, 2025, is as follows:

  Warrants Exercisable   Weighted Average Contractual Life of Warrants Outstanding and Exercisable (Years)    78,095,239    0.67  

F-15

Details of our warrants outstanding as of June
30, 2024, is as follows:

  Warrants Exercisable   Weighted Average Contractual Life of Warrants Outstanding and Exercisable