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Midas Edge

NewHydrogen Inc

For the period ended Sep 30, 2024. Filed Nov 1, 2024.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 1, 2024

NEWHStored price and day change unavailable

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Balance Sheets

September 30, 2024December 31, 2023
(Unaudited)
ASSETS
CURRENT ASSETS
Cash$2,489,296$3,678,441
Prepaid expenses23,45410,311
TOTAL CURRENT ASSETS2,512,7503,688,752
PROPERTY AND EQUIPMENT
Machinery and equipment37,22537,225
Less accumulated depreciation(36,455)(35,642)
NET PROPERTY AND EQUIPMENT7701,583
OTHER ASSETS
Patents, net of amortization of $26,446 and $24,179 respectively18,89021,157
Deposit770770
TOTAL OTHER ASSETS19,66021,927
TOTAL ASSETS$2,533,180$3,712,262
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable and other payable$3,636$9,810
TOTAL CURRENT LIABILITIES3,6369,810
COMMITMENTS AND CONTINGENCIES (See Note 9)--
Series C Convertible Preferred Stock, 34,853 and 34,853 shares outstanding, respectively, redeemable value of $3,485,313 and $3,485,313, respectively3,485,3133,485,313
SHAREHOLDERS’ EQUITY (DEFICIT)
Preferred stock, $0.0001 par value; 10,000,000 authorized shares--
Common stock, $0.0001 par value; 3,000,000,000 authorized shares 704,599,512 and 704,599,512 shares issued and outstanding, respectively70,46070,460
Additional paid in capital176,453,539176,279,264
Accumulated deficit(177,479,768)(176,132,585)
TOTAL SHAREHOLDERS’ EQUITY (DEFICIT)(955,769)217,139
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY$2,533,180$3,712,262
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.