Company: HYSR
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001213900-25-041497
Chunk: 7

Company: SUNHYDROGEN, INC.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 8
Chunk 7
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    2025  
    2024 
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net Income (Loss) 
     (7,255,839) 
     (7,498,983)
  
    Adjustment to reconcile net income (loss) to net cash  (used in) provided by operating activities 

    Depreciation & amortization expense 
     28,399  
     32,162 
  
    Stock based compensation expense for services 
     600,484  
     1,298,002 
  
    Cancellation of restricted stock awards 
     -  
     (618,000)
  
    Realized loss on sale of investment 
     -  
     188,040 
  
    Unrealized (gain)/loss on change in fair value of investment, related party 
     4,101,402  
     4,679,409 
  
    Unrealized (gain)/loss on change in fair value of short-term investments 
     (20,801) 
     - 
  
    Change in assets and liabilities : 

    Interest receivable on certificate of deposit 
     -  
     (56,921)
  
    Prepaid expense 
     (116,934) 
     - 
  
    Accounts payable 
     (300,974) 
     149,852 
  
    Accrued expenses 
     (6,547) 
     55,808 
  
    NET CASH USED IN OPERATING ACTIVITIES 
     (2,970,810) 
     (1,770,631)

    CASH FLOWS FROM INVESTING ACTIVITIES 

    Short-term investments purchased 
     (6,030,113) 
     - 
  
    Marketable securities purchased 
     -  
     (253,920,231)
  
    Marketable securities redeemed 
     -  
     235,384,616 
  
    Marketable securities transferred to new account 
     -  
     18,535,615 
  
    Purchase of certificate of deposit 
     -  
     (5,000,000)
  
    Purchase of marketable securities unsettled 
     -  
     5,000,000 
  
    Redemption of short-term investments in corporate securities 
     -