Company: HYSR
Filing Date: 2025-09-15
Form Type: 10-K
Source: 0001213900-25-087311
Chunk: 240

Company: SUNHYDROGEN, INC.
Filing Date: 2025-09-15
Form: 10-K
Item: Item 1C
Chunk 240
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 have a credit quality
indicator of AA/A.

Short Term Investments 

The Company’s short-term investments are
carried at fair value with changes in fair value recognized in net income.

F-7

The following table provides detail of our short-term
investments as of June 30, 2025, which consisted of U.S. Treasury bills with an original maturity of more than three months.

  Purchase Date  Maturity Date  Cost Basis 
of Investment   Fair Value 
of Investment   March 28, 2025  July 1, 2025  $988,969   $999,884   April 4, 2025  July 8, 2025   988,969    999,191   April 11, 2025  July 15, 2025   988,907    998,385         $2,966,845   $2,997,460  

During the year ended June 30, 2025, the Company
recognized a gain on change in fair value of short-term investments of $30,615.

Concentration risk

Cash includes amounts deposited in financial institutions
in excess of insurable Federal Deposit Insurance Company (FDIC) limits. At times throughout the year, the Company may maintain cash balances
in certain bank accounts in excess of the FDIC limits. As of June 30, 2025, the cash balance in excess of the FDIC limits was $33,114,402.
The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk in these accounts.

Use of Estimates

In accordance with accounting
principles generally accepted in the United States, management utilizes estimates and assumptions that affect the reported amounts of
assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements as well as the
reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. These estimates
and assumptions relate to useful lives and impairment of tangible and intangible assets, accruals, income taxes, stock-based compensation
expense, fair value of financial instruments, and other factors. Management believes it has exercised reasonable judgment in deriving
these estimates. Consequently, a change in conditions could affect these estimates.  

Property and Equipment

Property and equipment
are stated at cost and are depreciated using straight line over their estimated useful lives.

  Computers and peripheral