<span item_type="fundamental" item_id="f995f4a48e4e328670017fabda1bd918" counter_id="ST/US/HYSR" env="prod"></span><span item_type="announcement" item_id="514289345217233281" env="prod"></span><p>EPS: As of FY2025 Q3, the actual value is USD 0.</p><p></p><h3>Operating Expenses</h3><p>Operating expenses for the three months ended March 31, 2025 were $2,137,689, compared to $1,831,859 for the three months ended March 31, 2024, reflecting a net change of $305,830 primarily due to increases in research and development costs offset by decreases in general and administrative expenses.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1481028/000121390025041497/ea0241265-10q_sunhydro.htm"></span></p><h3>Other Income/(Expenses)</h3><p>Other income and expenses for the three months ended March 31, 2025 were $399,750, compared to - $2,190,305 for the three months ended March 31, 2024. The increase in other income of $2,590,055 was due to an unrealized gain on the Company’s investments in the current period, whereas the Company had a large loss on investments in the same period of the prior year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1481028/000121390025041497/ea0241265-10q_sunhydro.htm"></span></p><h3>Net Loss</h3><p>For the three months ended March 31, 2025, the net loss was $1,737,939, compared to a net loss of $4,022,164 for the three months ended March 31, 2024. The decrease in net loss of $2,284,225 was primarily due to an unrealized gain on the Company’s investments in the current period, whereas the Company had a large loss on investments in the same period of the prior year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1481028/000121390025041497/ea0241265-10q_sunhydro.htm"></span></p><h3>Operating Expenses (Nine Months)</h3><p>Operating expenses for the nine months ended March 31, 2025 were $4,432,058, compared to $4,095,471 for the nine months ended March 31, 2024, reflecting a net change of $336,587 primarily due to an increase in research and development costs offset by decreases in selling and marketing expenses and general and administrative expenses.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1481028/000121390025041497/ea0241265-10q_sunhydro.htm"></span></p><h3>Other Income/(Expenses) (Nine Months)</h3><p>Other income and expenses for the nine months ended March 31, 2025 were - $2,823,781, compared to - $3,403,512 for the nine months ended March 31, 2024. The decrease in other expense of $579,731 was primarily the result of a smaller net unrealized loss on the Company’s investments in the current period, whereas the Company had a larger unrealized loss on investments in the same period of the prior year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1481028/000121390025041497/ea0241265-10q_sunhydro.htm"></span></p><h3>Net Loss (Nine Months)</h3><p>For the nine months ended March 31, 2025, the net loss was $7,255,839, compared to a net loss of $7,498,983 for the nine months ended March 31, 2024. The decrease in net loss of $243,144 was primarily due to a smaller net unrealized loss on the Company’s investments in the current period, whereas the Company had a larger unrealized loss on investments in the same period of the prior year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1481028/000121390025041497/ea0241265-10q_sunhydro.htm"></span></p><h3>Cash Flow</h3><p>Cash used in operating activities was $2,970,810 for the nine months ended March 31, 2025, compared to $1,770,631 for the nine months ended March 31, 2024. The net increase of $1,200,179 in cash used in operating activities was primarily due to a decrease in non-cash expenses, an increase in prepaid expenses, and decreases in accounts payable and accrued expenses.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1481028/000121390025041497/ea0241265-10q_sunhydro.htm"></span></p><h3>Future Outlook and Strategy</h3><p>SunHydrogen aims to replace fossil fuels with clean, renewable hydrogen using its nanoparticle-based hydrogen generator technology. The company is targeting a cost of $2.50/kg for its hydrogen production, aspiring to be cost-competitive with brown hydrogen and below the cost of clean hydrogen competitors. SunHydrogen is also pursuing strategic investments in the hydrogen space to grow the hydrogen ecosystem.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1481028/000121390025041497/ea0241265-10q_sunhydro.htm"></span></p>

SunHydrogen, Inc. | 10-Q: FY2025 Q3 EPS: USD 0