20 February 2026
HNO International, Inc.
10-K / February 6, 2026
10-K / March 20, 2025
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.
