Company: HYSR
Filing Date: 2025-09-15
Form Type: 10-K
Source: 0001213900-25-087311
Chunk: 1210

Company: SUNHYDROGEN, INC.
Filing Date: 2025-09-15
Form: 10-K
Item: Item 16
Chunk 1210
---
     878,925 
  
    NET CASH PROVIDED BY FINANCING ACTIVITIES 
     2,156,096  
     781,295 

    Net increase (decrease) in cash and cash equivalents 
     (4,416,170) 
     1,858,806 
  
    Cash and cash equivalents - beginning of period 
     39,044,795  
     37,185,989 
  
    Cash and cash equivalents - end of period 
     34,628,625  
     39,044,795 

    SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION 

    Interest paid 
    $626  
    $4,558 
  
    Taxes paid 
    $-  
    $- 

    SUPPLEMENTAL DISCLOSURES OF NON CASH TRANSACTIONS 

    Conversion of Series C Preferred shares to common stock 
    $220,000  
    $210,000 
  
    Exchange of convertible note receivable, related party 
    $-  
    $3,000,000 
  
    Cashless options exercised 
    $1,075  
    $- 
  
    Contributed capital-gain on exchange of convertible note receivable, related party 
    $-  
    $85,815 

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

F-6

SUNHYDROGEN,
INC.

NOTES TO  FINANCIAL STATEMENTS

JUNE 30, 2025 AND 2024

1.ORGANIZATION
AND LINE OF BUSINESS

Organization

SunHydrogen, Inc. (the “Company”)
was incorporated in the state of Nevada on February 18, 2009. The Company, based in Coralville, IA began operations on February 19, 2009.

Line of Business

The company is currently developing a novel solar-powered
nanoparticle system that mimics photosynthesis to separate hydrogen from water. We intend for technology of this system to be used for
the production of renewable hydrogen to produce renewable electricity and hydrogen for fuel cells and other applications where hydrogen
is used.

SunHydrogen is developing
an efficient and cost-effective way to produce renewable hydrogen using sunlight  and any source
of water. Just like a solar panel is comprised of multiple cells that generate electricity, our hydrogen panel encases multiple
hydrogen generators