NewHydrogen, Inc. (NEWH) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
27936 Lost Canyon Road SANTA CLARITA, CA 91387 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3081 - Unsupported Plastics Film and Sheet (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,678,441 | 4,834,697 | 6,645,710 | 63,496 | 61,794 | 82,697 | |||
| Cash and cash equivalents | 3,678,441 | 4,834,697 | 6,645,710 | 63,496 | 61,794 | 82,697 | |||
| Prepaid expense | 10,311 | 10,540 | 12,023 | 55,435 | 29,956 | 23,107 | |||
| Total current assets: | 3,688,752 | 4,845,237 | 6,657,733 | 118,931 | 91,750 | 105,804 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,583 | 2,667 | 3,859 | 5,202 | 6,544 | 10,411 | |||
| Intangible assets, net (including goodwill) | 21,157 | 24,179 | 27,202 | 30,224 | 33,246 | 36,269 | |||
| Intangible assets, net (excluding goodwill) | 21,157 | 24,179 | 27,202 | 30,224 | 33,246 | 36,269 | |||
| Deposits noncurrent assets | 770 | 770 | 770 | 770 | 770 | 770 | |||
| Total noncurrent assets: | 23,510 | 27,616 | 31,831 | 36,196 | 40,560 | 47,450 | |||
| TOTAL ASSETS: | 3,712,262 | 4,872,853 | 6,689,564 | 155,127 | 132,310 | 153,254 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 9,810 | 49 | 1,780 | 991,716 | 830,483 | 642,262 | |||
| Accounts payable | 9,810 | 49 | 1,780 | 58 | 896 | ||||
| Accrued liabilities | 991,716 | 830,425 | 641,366 | ||||||
| Debt | 275,985 | 390,987 | |||||||
| Derivative instruments and hedges, liabilities | 148,590,100 | 8,919,202 | 14,032,942 | ||||||
| Other undisclosed current liabilities | 793,989 | 493,287 | |||||||
| Total current liabilities: | 9,810 | 49 | 1,780 | 150,651,790 | 10,140,672 | 15,168,491 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,488,199 | 2,207,349 | 485,837 | ||||||
| Long-term debt, excluding current maturities | 2,488,199 | 2,207,349 | 485,837 | ||||||
| Other undisclosed noncurrent liabilities | (1,069,974) | 1,499,136 | |||||||
| Total noncurrent liabilities: | 1,418,225 | 2,207,349 | 1,984,973 | ||||||
| Total liabilities: | 9,810 | 49 | 1,780 | 152,070,015 | 12,348,021 | 17,153,464 | |||
| Temporary equity, carrying amount | 3,485,313 | 3,485,313 | 3,485,313 | ||||||
| Equity | |||||||||
| Equity, attributable to parent | 217,139 | 1,387,491 | 3,202,471 | (151,914,888) | (12,215,711) | (17,000,210) | |||
| Common stock | 70,460 | 70,513 | 71,549 | 45,620 | 13,391 | 6,064 | |||
| Additional paid in capital | 176,279,264 | 174,272,031 | 164,000,447 | 13,114,993 | 12,301,739 | 11,646,932 | |||
| Accumulated deficit | (176,132,585) | (172,955,053) | (160,869,525) | (165,075,501) | (24,530,841) | (28,653,206) | |||
| Total equity: | 217,139 | 1,387,491 | 3,202,471 | (151,914,888) | (12,215,711) | (17,000,210) | |||
| TOTAL LIABILITIES AND EQUITY: | 3,712,262 | 4,872,853 | 6,689,564 | 155,127 | 132,310 | 153,254 | |||
Income Statement (P&L) (USD)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Operating expenses | (3,179,250) | (12,088,582) | (52,454,530) | (629,752) | (700,245) | (699,503) | ||
| Operating loss: | (3,179,250) | (12,088,582) | (52,454,530) | (629,752) | (700,245) | (699,503) | ||
| Nonoperating income (expense) | 1,718 | 3,054 | 62,644,010 | (139,914,908) | 4,822,610 | (9,167,326) | ||
| Investment income, nonoperating | 1,718 | 3,054 | 3,632 | 75 | 36 | 25 | ||
| Interest and debt expense | (574,524) | 138,162,525 | (954,774) | (385,531) | ||||
| Income (loss) from continuing operations: | (3,177,532) | (12,085,528) | 9,614,956 | (2,382,135) | 3,167,591 | (10,252,360) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 9,614,956 | (2,382,135) | 3,167,591 | (10,252,360) | |
| Other undisclosed net income | 142,926,795 | 954,774 | ||||||
| Net income (loss): | (3,177,532) | (12,085,528) | 9,614,956 | 140,544,660 | 4,122,365 | (10,252,360) | ||
| Other undisclosed net income (loss) attributable to parent | 574,524 | (281,089,320) | 385,531 | |||||
| Net income (loss) available to common stockholders, diluted: | (3,177,532) | (12,085,528) | 10,189,480 | (140,544,660) | 4,122,365 | (9,866,829) | ||
Comprehensive Income (USD)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (3,177,532) | (12,085,528) | 9,614,956 | 140,544,660 | 4,122,365 | (10,252,360) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (3,177,532) | (12,085,528) | 9,614,956 | 140,544,660 | 4,122,365 | (10,252,360) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.