Company: HYSR
Filing Date: 2025-09-15
Form Type: 10-K
Source: 0001213900-25-087311
Chunk: 302

Company: SUNHYDROGEN, INC.
Filing Date: 2025-09-15
Form: 10-K
Item: Item 2
Chunk 302
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 received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement
date. ASC Topic 820 established a three-tier fair value hierarchy which prioritizes the inputs used in measuring fair value. The hierarchy
gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and
the lowest priority to unobservable inputs (level 3 measurements).

These tiers include:

    ●
    Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets.

    ●
    Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active.

    ●
    Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

F-10

We measure certain financial instruments at fair
value on a recurring basis. Assets and liabilities measured at fair value on a recurring basis are as follows:

June 30, 2025

    Total  
    (Level 1)  
    (Level 2)  
    (Level 3) 
  
    Assets: 

    Short-term investments 
    $2,997,460  
    $2,997,460  
    $-  
    $- 

    $2,997,460  
    $2,997,460  
    $-  
    $- 

June 30, 2024

    Total  
    (Level 1)  
    (Level 2)  
    (Level 3) 
  
    Assets: 

    Equity securities, related party (see Note 7) 
    $4,101,402  
    $-  
    $4,101,402  
    $- 

    $4,101,402  
    $-  
    $4,101,402  
    $- 

As of June 30, 2025, the Equity securities, related party had a fair
value of $0 which was measured using a level 3 input due to the underlying securities no longer trading on an active stock exchange (