Company: HYSR
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001213900-25-041497
Chunk: 3

Company: SUNHYDROGEN, INC.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 8
Chunk 3
---
 INCOME (LOSS) 
    $(1,737,939) 
    $(4,022,164) 
    $(7,255,839) 
    $(7,498,983)

    BASIC & DILUTED EARNINGS (LOSS) PER SHARE 
    $(0.00) 
    $(0.00) 
    $(0.00) 
    $(0.00)

    WEIGHTED-AVERAGE COMMON SHARES
    OUTSTANDING BASIC & DILUTED 
     5,437,338,655  
     5,094,214,845  
     5,280,101,285  
     5,008,173,456 

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

2

SUNHYDROGEN, INC.

CONDENSED STATEMENTS OF SHAREHOLDER’S
DEFICIT

FOR THE THREE AND NINE MONTHS ENDED MARCH 31,
2025 AND 2024 

    Additional  

    Preferred stock  
       
    Common stock  
    Paid-in  
    Accumulated  

    Shares  
    Amount  
    Mezzanine  
    Shares  
    Amount  
    Capital  
    Deficit  
    Total 
  
    Balance at June 30, 2023 
             -  
    $          -  
    $1,095,100  
     4,821,298,283  
    $4,821,298  
    $126,889,423  
    $(81,971,040) 
    $49,739,681 
  
    Issuance of common stock upon partial conversion of purchase agreement for cash 
     -  
     -  
     -  
     18,684,057  
     18,684  
     225,291  
     -  
     243,975 
  
    Issuance of common stock upon conversion of Series C Preferred stock 
     -  
     -  
     (210,000) 
     221,052,632  
     221,053  
     (11,053) 
     -  
     210,000 
  
    Stock compensation expense 
     -  
     -  
     -  
     -