Company: HYSR
Filing Date: 2025-09-15
Form Type: 10-K
Source: 0001213900-25-087311
Chunk: 1037

Company: SUNHYDROGEN, INC.
Filing Date: 2025-09-15
Form: 10-K
Item: Item 12
Chunk 1037
---
 preferred shares 
     -  
     - 
  
    Common Stock, $0.001 par value; 10,000,000,000 authorized common shares 5,437,338,655 and 5,087,245,974 shares issued and outstanding, respectively 
     5,438,414  
     5,087,246 
  
    Additional
    Paid in Capital 
     131,224,014  
     128,488,199 
  
    Accumulated
    deficit 
     (100,078,550) 
     (91,852,243)

    TOTAL
    SHAREHOLDERS’ EQUITY 
     36,583,878  
     41,723,202 

    TOTAL
    LIABILITIES, PREFERRED STOCK SUBJECT TO REDEEMPTION AND SHAREHOLDERS’ EQUITY 
    $37,923,920  
    $43,367,816 

The accompanying notes are an integral part of these audited condensed financial statements.

F-3

SUNHYDROGEN, INC.

STATEMENTS OF OPERATIONS

    Year Ended June 30, 

    2025  
    2024 

    REVENUE 
    $-  
    $- 

    OPERATING EXPENSES 

    Selling and Marketing 
     1,313  
     53,831 
  
    General and administrative expenses 
     2,336,263  
     2,336,952 
  
    Research and development cost 
     3,440,296  
     2,568,562 
  
    Depreciation and amortization 
     38,320  
     41,955 

    TOTAL OPERATING EXPENSES 
     5,816,192  
     5,001,300 

    LOSS FROM OPERATIONS BEFORE  OTHER INCOME (EXPENSES) 
     (5,816,192) 
     (5,001,300)

    OTHER INCOME/(EXPENSES) 

    Investment income 
     1,737,416  
     2,013,974 
  
    Gain on sale of vehicle 
     -  
     55,166 
  
    Dividend expense 
     (75,434) 
     (112,940)
  
    Unrealized (