Company: HYSR
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001213900-25-011506
Chunk: 6

Company: SUNHYDROGEN, INC.
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 8
Chunk 6
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     183,497  
     144,963 
  
    Loss on redemption of marketable securities 
     -  
     188,040 
  
    Unrealized (gain)/loss on change in fair value of investment, related party 
     4,101,402  
     1,938,835 
  
    Change in assets and liabilities : 

    Interest receivable on certificate of deposit 
     -  
     (61,200)
  
    Prepaid expense 
     (164,585) 
     - 
  
    Accounts payable 
     (211,335) 
     236,392 
  
    Accrued expenses 
     20,939  
     59,057 
  
    NET CASH USED IN OPERATING ACTIVITIES 
     (1,568,936) 
     (948,952)

    CASH FLOWS FROM INVESTING ACTIVITIES 

    Marketable securities purchased 
     -  
     (168,733,113)
  
    Marketable securities redeemed 
     -  
     164,145,423 
  
    Purchase of certificate of deposit 
     -  
     (5,000,000)
  
    Purchase of marketable securities unsettled 
     -  
     4,587,690 
  
    Redemption of short term investments in corporate securities 
     -  
     3,000,000 
  
    NET CASH USED IN INVESTING ACTIVITIES 
     -  
     (2,000,000)

    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Repayment of related party note payable 
     (45,829) 
     (52,333)
  
    Net proceeds from common stock purchase agreements 
     2,201,925  
     536,950 
  
    NET CASH PROVIDED BY FINANCING ACTIVITIES 
     2,156,096  
     484,617 

    Net increase (decrease) in cash and cash equivalents 
     587,160  
     (2,464,335)
  
    Cash and cash equivalents - beginning of period 
     39,044,795  
     37,185,989 
  
    Cash and cash equivalents - end of period 
     39,631,955