Company: HYSR
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001213900-25-011506
Chunk: 1

Company: SUNHYDROGEN, INC.
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 8
Chunk 1
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     523,289  
     759,514 

    COMMIMENTS AND CONTINGENCIES 
     -  
     - 

    Series C 10% Preferred Stock, 6,651 and 8,851 shares issued and outstanding, redeemable value of $665,100 and $885,100, respectively 
     665,100  
     885,100 

    SHAREHOLDERS’ EQUITY 

    Preferred Stock, $0.001 par value; 5,000,000 authorized 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 
     5,437,339  
     5,087,246 
  
    Additional Paid in Capital 
     130,743,528  
     128,488,199 
  
    Accumulated deficit 
     (97,370,143) 
     (91,852,243)

    TOTAL SHAREHOLDERS’ EQUITY 
     38,810,724  
     41,723,202 

    TOTAL LIABILITIES, PREFERRED STOCK SUBJECT TO REDEEMPTION AND SHAREHOLDERS’ EQUITY 
    $39,999,113  
    $43,367,816 

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

1

SUNHYDROGEN, INC.

CONDENSED STATEMENTS OF OPERATIONS

(Unaudited)

    Three Months Ended
    December 31,  
    Six Months Ended 
    December 31, 

    2024  
    2023  
    2024  
    2023 

    REVENUE 
    $-  
    $-  
    $-  
    $- 

    OPERATING EXPENSES 

     Selling and Marketing 
     323  
     -  
     647  
     44,000 
  
     General and administrative expenses 
     621,609  
     497,844  
     1,040,353  
     1,002,505 
  
     Research and development cost 
     626,318