SUNation Energy, Inc. (SUNE)

Nasdaq: SUNE · Construction - Special Trade Contractors · Ronkonkoma, NY · filing with the SEC since 1994

Grade3.6

◀ Past 1.3● Present 4.4▶ Future 6.3

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 23, 2026	Apr 15, 2025	Apr 1, 2024	Apr 14, 2023	Mar 14, 2022	Mar 31, 2021	Mar 17, 2020	Mar 8, 2019	Apr 6, 2018	Mar 31, 2017
Revenue	71,905,527	56,861,753	79,632,709	27,522,099	38,162^r	8,079,562^r	50,906,179	42,369,232^r	82,322,618	99,352,934
For lenders
Provision for credit losses	67,812	146,732	·	·	·	·	·	·	·	·
Cost of revenue	44,361,314	36,435,509	51,936,519	20,144,654	4,576,256	5,762,650^r	28,720,367	24,747,115^r	61,486,379	72,771,393
Gross profit	27,544,213	20,426,244	27,696,190	7,377,445	38,162^r	2,316,912^r	22,185,812	17,622,117^r	20,836,239	26,581,541^r
Research and development	·	·	·	·	·	2,808,000	3,600,000	3,542,000^r	3,639,000	5,366,000
Selling, general and administrative	26,979,750	27,054,166	29,074,578^r	12,211,135	1,060,522^r	7,052,198^r	22,176,598	22,372,765^r	28,699,138	35,185,924
Total operating expenses	29,217,250	32,743,647	35,163,055	17,826,124	4,900,451^r	7,941,693^r	22,176,598	22,372,765^r	32,601,068	31,038,088
Total costs and expenses	·	·	·	·	·	·	·	·	·	103,809,481
Operating income	-1,673,037	-12,317,403	-7,466,865	-10,448,679	-4,862,289^r	-5,624,781^r	9,214	-4,750,648^r	-11,764,829	-4,456,547
Interest expense	1,041,835	3,087,450	2,657,517	·	·	·	·	·	·	·
Interest and investment income	·	·	·	·	·	·	·	·	·	208,564
Total non-operating income (expense)	-9,168,656	-3,497,583	646,149	7,182,860	-1,373,261^r	932,098^r	226,136	224,029^r	-95,306	-3,400,051
Income before income taxes	-10,841,693	-15,814,986	-6,820,716	-3,265,819	-6,235,550^r	-4,692,683^r	235,350	-4,526,619^r	-11,860,135	-7,856,598
Income tax expense	51,140	34,819	119,176	12,237	24,575	14,566^r	-15,269	404,386^r	-34,503	256,950
Income from continuing operations	·	-15,849,805	-6,939,892	-3,278,056	-6,235,550^r	-4,707,249^r	250,619	-4,931,005	·	·
Income from discontinued operations	·	·	-1,192,275	-7,074,184	11,152,081	4,535,591^r	6,218,430	-1,860,730	·	·
Net income	-10,892,833	-15,849,805	-8,132,167	-10,352,240	-6,235,550^r	-171,658	6,469,049	-6,791,735	-11,825,632	-8,113,548
Net income to common shareholders	-10,892,833	-27,436,926	-8,132,167	-27,216,132	-6,235,550	·	·	·	·	·
Earnings per share, basic	-4.38	-10,110.93^r	-122,310.00^rb	-610,040.00^b	-306,530.00^rb	-3,020.00^b	105,700.00^b	-113,250.00^b	-199,320.00^b	-138,920.00^b
Earnings per share, diluted	-4.38	-10,110.93^r	-122,310.00^rb	-610,040.00^b	-306,530.00^rb	-3,020.00^b	104,190.00^b	-113,250.00^b	-199,320.00^b	-138,920.00^b
Weighted average shares, basic	2,489,224	2,714^r	66^rb	45^b	20^rb	62^b	61^b	60^b	59^b	58^b
Weighted average shares, diluted	2,489,224	2,714^r	66^rb	45^b	20^rb	62^b	62^b	60^b	59^b	58^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-200 reverse split of Apr 2025.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterestAndDividend

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton SUNE · research, not advice