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HNO International, Inc.

CIK: 13429162 Annual ReportsLatest: 2026-02-06

10-K / February 6, 2026

Revenue:$65,561
Income:-$6,615,496

10-K / March 20, 2025

Revenue:$4,241
Income:-$2,230,222

10-K / February 6, 2026

HNO International, Inc.

Company basics

  • Type: Nevada corporation
  • Focus: Systems engineering design, integration, and product development to deliver green hydrogen–based clean energy solutions for decarbonization
  • Former names: American Bonanza Resources Limited; Clenergen Corporation, Limited (UK); Excoin Ltd.
  • Current name since: August 31, 2021
  • Locations:
    • Murrieta, California — ~5,000 sq ft facility
    • Katy, Texas — ~25,000 sq ft industrial facility lease; occupancy contingent on landlord build-out

Core business and offerings

HNO develops and integrates green hydrogen technologies and products across power, transportation, and industrial applications.

Products and systems:

  • HyGrid System (HYDROGRID)

    • Type: Solar/hydrogen powered micro‑grid
    • Purpose: Provide independent power to industrial developments or residential communities
    • Estimated construction cost per system: ~$2,500,000 (company retains ownership; revenue via power purchase agreements)
    • Market focus: Real estate subdivisions and industrial developments
  • Compact Hydrogen Refueling Station (CHRS)

    • Production capacity: 50 kg/day to 200 kg/day
    • Applications: Vehicle refueling (trucks, buses), warehouse equipment (forklifts), and other fuel cell uses including power generation
    • Price: $375,000 per unit
    • Market timing: Marketing to customers for delivery in Q1 2026
  • Scalable Hydrogen Energy Platform (SHEP)

    • Type: Modular, scalable hydrogen production, storage, and dispensing system
    • Production range: 100 kg/day to 2,000+ kg/day (scalable)
    • Key technology: Platinum-group-metal-free electrolysis designed for lower cost
    • Applications: Transportation fuel, power generation, industrial processes, chemical and materials production
    • Development status: Containerized version in development
  • Hydrogen Carbon Cleaner (HCC)

    • Purpose: Remove carbon deposits from internal combustion engines
    • Delivery: Orders to be delivered within 60 days after prototype demonstration

Planned hydrogen production facility:

  • Location: Katy, Texas
  • Scale: Up to 1,000 kg/day
  • Status: Facility not yet operational; occupancy contingent on landlord build-out
  • Financing: Approximately $250,000 raised in 2025 to advance pre-start activities
  • Expected timeline: Full-scale commercial production targeted in early 2026 (based on current assumptions)
  • Additional site: Location identified in Lancaster, California; development timeline constrained by available capital

Revenue models:

  • HyGrid: Company-owned systems with revenue from long-term power purchase agreements
  • CHRS: Direct unit sales
  • SHEP: Sales and deployments across multiple hydrogen applications; containerized product under development
  • HCC: Sales following successful prototype demonstrations
  • Hydrogen production facility: Revenue from daily hydrogen production at scale (company forecasted ~$2,555,000 annualized at 1,000 kg/day and $7.00/kg)

Markets and customers

Target markets include:

  • Zero-emission vehicles and mobile equipment: passenger fuel cell vehicles, forklifts, airport ground support equipment, medium/heavy-duty trucks
  • Industrial hydrogen uses: ammonia, fertilizer, steel, mining, electronics, semiconductors, and fuel cell vehicles
  • Gasoline and diesel engine emissions and maintenance reduction (service providers and fleets)

Employees and facilities

  • Employees (as of Oct 31, 2025): 4 total
    • 2 full-time employees
    • 2 executive officers
  • Facilities:
    • Murrieta, California: ~5,000 sq ft (current operations)
    • Katy, Texas: ~25,000 sq ft industrial lease; occupancy pending landlord build-out

Financial highlights

  • Year ended Oct 31, 2025: Revenue $65,561; net loss $(6,615,496)
  • Year ended Oct 31, 2024: Revenue $4,241; net loss $(3,338,590)
  • Cash on hand (Oct 31, 2025): $9,525
  • Accumulated deficit (Oct 31, 2025): $(52,050,190)
  • Projected near-term revenue: Company forecast of approximately $2,555,000 over the next 12 months from a 1,000 kg/day hydrogen production run (assumes average price $7.00/kg)
  • Capital: Ongoing need for external capital to fund growth and operations; public company costs and potential dilution are identified in the company’s risk disclosures

Summary assessment

HNO International positions itself as a developer and integrator of green hydrogen technologies with multiple product lines: a company‑owned micro‑grid (HyGrid), compact refueling stations (CHRS), a modular production platform (SHEP), an engine carbon cleaning product (HCC), and planned production facilities. The company has early commercial products and development-stage systems, limited recent revenue, and ongoing capital needs to scale planned production and facility operations.