NEWHYDROGEN (NEWH) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 27, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the S-1 for Q2 FY2026, filed Sep 22, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NEWH SEC filings page.
This page shows NEWHYDROGEN INC (NEWH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
NewHydrogen remains development-stage: annual losses consume cash while liabilities stay above shrinking assets.
From FY2023 to FY2025, total assets fell60.7% while liabilities were essentially unchanged at0.0% . Because liabilities represented94.2% of assets in FY2023 and239.5% in FY2025, the balance sheet shifted from thin equity to negative equity.
The FY2025 net loss was
Operating spending is being reallocated toward development: R&D rose
Financial Health Signals
NEWHYDROGEN INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
NEWHYDROGEN INC passes 1 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
NEWHYDROGEN INC reported a net loss of $2.8M while operations used $2.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
NEWHYDROGEN INC's EBITDA was -$917K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
NEWHYDROGEN INC reported a net loss of $918K in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
NEWHYDROGEN INC earned $0.00 per diluted share (EPS) in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q2 2026.
Cash & Balance Sheet
NEWHYDROGEN INC held $740K in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
NEWHYDROGEN INC invested $343K in research and development in Q2 2026. This represents an increase of 131.9% from the same quarter a year earlier. Against the prior quarter it is up 3.4%.
Not reported for Q2 2026.
Not reported for Q2 2026.
NEWH Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'26S-1 | Q1'26S-1 | Q4'25S-1 | Q3'25S-1 | Q2'25S-1 | Q1'25S-1 | Q4'24S-1 | Q3'24S-1 |
|---|---|---|---|---|---|---|---|---|
| R&D Expenses | $343K+131.9% | $332K+226.6% | N/A | $105K+16.1% | $148K+66.3% | $102K+14.1% | N/A | $90K+1.4% |
| SG&A Expenses | $574K+20.8% | $490K+31.1% | N/A | $377K+7.2% | $475K+36.1% | $374K-2.0% | N/A | $351K+0.2% |
| Operating Income | -$918Kn/m | -$823Kn/m | N/A | -$482Kn/m | -$624Kn/m | -$476Kn/m | N/A | -$443Kn/m |
| EBITDA | -$917Kn/m | -$822Kn/m | N/A | -$481Kn/m | -$623Kn/m | -$475Kn/m | N/A | -$441Kn/m |
| Net Income | -$918Kn/m | -$823Kn/m | -$1.3Mn/m | -$482Kn/m | -$624Kn/m | -$476Kn/m | -$463Kn/m | -$439Kn/m |
| EPS (Basic) | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m |
| EPS (Diluted) | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m | $0.00n/m |
| Diluted Shares (Avg) | 790M+12.0% | 768M+9.0% | N/A | 720M+2.2% | 705M+0.1% | 705M0.0% | N/A | 705M-0.1% |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, Interest Expense, Income Tax.
NEWH Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'26S-1 | Q1'26S-1 | Q4'25S-1 | Q3'25S-1 | Q2'25S-1 | Q1'25S-1 | Q4'24S-1 | Q3'24S-1 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $809K-31.5% | $778K-53.5% | $1.5M-31.5% | $1.3M-47.0% | $1.2M-59.5% | $1.7M-49.5% | $2.1M-42.6% | $2.5M-38.1% |
| Current Assets | $795K-31.7% | $763K-53.9% | $1.4M-31.6% | $1.3M-47.3% | $1.2M-59.8% | $1.7M-49.8% | $2.1M-42.8% | $2.5M-38.2% |
| Cash & Equivalents | $740K-32.8% | $714K-55.7% | $1.4M-31.7% | $1.3M-47.5% | $1.1M-61.4% | $1.6M-50.4% | $2.1M-42.8% | $2.5M-38.4% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $3.5M-1.3% | $3.5M+1.1% | $3.5M+0.1% | $3.5M+0.1% | $3.5M+0.4% | $3.5M-1.1% | $3.5M-0.1% | $3.5M-0.2% |
| Current Liabilities | $6K-47.7% | $11K-12.4% | $10K+22.7% | $7K+100.4% | $12K+10618.3% | $13K+20.6% | $8K-18.7% | $4K-68.0% |
| Non-Current Liabilities | $3.4M-1.1% | $3.5M+1.1% | $3.5M0.0% | $3.5M0.0% | $3.5M0.0% | $3.4M-1.1% | $3.5M0.0% | $3.5M0.0% |
| Total Equity | -$2.6Mn/m | -$2.7Mn/m | -$2.0Mn/m | -$2.1Mn/m | -$2.3Mn/m | -$1.8Mn/m | -$1.4M-728.0% | -$956K-260.8% |
| Retained Earnings | -$182.5Mn/m | -$181.6Mn/m | -$180.8Mn/m | -$179.5Mn/m | -$179.0Mn/m | -$178.4Mn/m | -$177.9Mn/m | -$177.5Mn/m |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
NEWH Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'26S-1 | Q1'26S-1 | Q4'25S-1 | Q3'25S-1 | Q2'25S-1 | Q1'25S-1 | Q4'24S-1 | Q3'24S-1 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$738Kn/m | -$723Kn/m | -$580Kn/m | -$410Kn/m | -$511Kn/m | -$493Kn/m | -$385Kn/m | -$365Kn/m |
| Depreciation & Amortization | $821+0.1% | $8210.0% | $820-20.1% | $821-20.1% | $820-20.2% | $821-20.1% | $1K-0.1% | $1K0.0% |
| Stock-Based Compensation | N/A | $141K+154.0% | N/A | N/A | N/A | $55K-27.4% | N/A | N/A |
| Financing Cash Flow | N/A | N/A | $710K | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.
NEWH Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'26S-1 | Q1'26S-1 | Q4'25S-1 | Q3'25S-1 | Q2'25S-1 | Q1'25S-1 | Q4'24S-1 | Q3'24S-1 |
|---|---|---|---|---|---|---|---|---|
| Return on Assets | -113.4%-60.6pp | -105.8%-77.4pp | -86.7%-65.0pp | -35.9%-18.6pp | -52.8%-37.8pp | -28.4%-14.2pp | -21.7%-9.8pp | -17.3%-6.5pp |
| Current Ratio | 123.26+28.9x | 68.79-62.0x | 147.45-117.2x | 181.94-509.1x | 94.35-25042.1x | 130.80-183.2x | 264.61-111.4x | 691.08+333.6x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, Liabilities-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$2.0M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| NEWHYDROGEN INC NEWH | FY2025 | N/A | -$2.8M | N/A | $25.1M | — |
| CAVITATION TECHS INC CVAT | FY2026 | $3K | N/A | N/A | $10.3M | — |
Where NEWHYDROGEN INC Ranks
Frequently Asked Questions
Is NEWHYDROGEN INC profitable?
No, NEWHYDROGEN INC (NEWH) reported a net loss of $3.5M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $2.8M.
What is NEWHYDROGEN INC's EBITDA?
NEWHYDROGEN INC (NEWH) had EBITDA of -$2.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is NEWHYDROGEN INC's operating cash flow?
NEWHYDROGEN INC (NEWH) recorded an outflow of $2.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are NEWHYDROGEN INC's total assets?
NEWHYDROGEN INC (NEWH) had $1.5M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does NEWHYDROGEN INC spend on research and development?
NEWHYDROGEN INC (NEWH) invested $616K in research and development during fiscal year 2025.
What is NEWHYDROGEN INC's current ratio?
NEWHYDROGEN INC (NEWH) had a current ratio of 147.45 as of fiscal year 2025, which is generally considered healthy.
What is NEWHYDROGEN INC's return on assets (ROA)?
NEWHYDROGEN INC (NEWH) had a return on assets of -195.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is NEWHYDROGEN INC's P/E ratio?
NEWHYDROGEN INC (NEWH) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $25.1M as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is NEWHYDROGEN INC's price-to-sales ratio?
NEWHYDROGEN INC (NEWH) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $25.1M as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does NEWHYDROGEN INC's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, NEWHYDROGEN INC (NEWH) held $1.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $2.0M over that year. Dividing the one by the other, the reported balance equals about 9 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is NEWHYDROGEN INC's debt-to-equity ratio negative or not reported?
NEWHYDROGEN INC (NEWH) has negative shareholder equity of -$2.0M as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is NEWHYDROGEN INC's Piotroski F-Score?
NEWHYDROGEN INC (NEWH) has a Piotroski F-Score of 1 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are NEWHYDROGEN INC's earnings high quality?
NEWHYDROGEN INC (NEWH) reported a net loss of $2.8M while operations used $2.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.