Company: HYSR
Filing Date: 2025-09-15
Form Type: 10-K
Source: 0001213900-25-087311
Chunk: 705

Company: SUNHYDROGEN, INC.
Filing Date: 2025-09-15
Form: 10-K
Item: Item 8
Chunk 705
---
.013  
    $0.012 

Year Ended June 30, 2024

    Weighted 

    Weighted  
    Average 

    Average  
    Grant-Date 

    Number of  
    Exercise  
    Per Share 

    Options  
    Price  
    Fair Value 
  
    Options outstanding at June 30, 2023 
     163,894,499  
    $0.006  
    $0.006 
  
    Granted 
     103,000,000  
    $0.012  
    $0.012 
  
    Canceled/Expired 
     -  
    $-  
    $- 
  
    Exercised 
     -  
    $-  
    $- 
  
    Options outstanding at June 30, 2024 
     266,894,499  
    $0.011  
    $0.011 

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

  Options Exercisable   Weighted Average Exercise Price of Options Exercisable   Weighted Average Contractual Life of Options Exercisable (Years)   Weighted Average Contractual Life of Options Outstanding (Years)    252,965,911    0.011    1.31    3.93  

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

  Options Exercisable   Weighted Average Exercise Price of Options Exercisable   Weighted Average Contractual Life of Options Exercisable (Years)   Weighted Average Contractual Life of Options Outstanding (Years)    264,144,499    0.0106    3.16    3.15  

Grant date fair value of the stock options was
calculated using a modified Black Scholes option pricing model. The grant date fair value is recognized as an expense over the term of
the options as they vest or on a straight-line basis. Total stock compensation expense related to the options for the year ended June
30, 2025 and 2024, was $665,058 and $1,307,984, respectively. As of June 30, 2025 there was approximately $1.6 million of unrecognized
compensation cost related to the options, which is expected to