For the quarter ending 2026-03-31, SUNE has $40,120,052 in assets. $1,686,605 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,686,605 | 7,182,344 | 5,414,591 | 3,186,757 |
| Restricted cash and cash equivalents | - | - | 288,948 | 286,630 |
| Trade accounts receivable, less allowance for credit losses of 361,436 and 308,629, respectively | 3,244,008 | 4,239,483 | 4,924,480 | 3,298,944 |
| Inventories | 2,884,502 | 2,534,984 | 3,008,151 | 2,321,966 |
| Prepaid income taxes | - | 9,336 | 13,461 | 15,776 |
| Related party receivables | 21,205 | 21,412 | 21,571 | 23,039 |
| Prepaid expenses | 564,867 | 1,273,762 | 2,088,810 | 1,028,996 |
| Costs and estimated earnings in excess of billings | 239,599 | 658,177 | 797,390 | 604,077 |
| Other current assets | 408,748 | 554,481 | 612,248 | 185,227 |
| Total current assets | 9,049,534 | 16,473,979 | 17,169,650 | 10,951,412 |
| Property, plant and equipment, net | 952,366 | 1,015,528 | 1,047,668 | 1,107,372 |
| Gross goodwill | - | 20,545,850 | - | - |
| Goodwill Impaired Accumulated Impairment Loss | - | 3,101,981 | - | - |
| Accumulated impairment loss | - | 3,101,981 | - | - |
| Goodwill | 17,443,869 | 17,443,869 | 17,443,869 | 17,443,869 |
| Operating lease right of use asset, net | 3,238,325 | 3,315,411 | 3,391,457 | 3,513,114 |
| Intangible assets, net | 9,423,958 | 9,983,333 | 10,542,708 | 11,102,083 |
| Other assets, net | 12,000 | 12,000 | 12,000 | 12,000 |
| Total other assets | 30,118,152 | 30,754,613 | 31,390,034 | 32,071,066 |
| Total assets | 40,120,052 | 48,244,120 | 49,607,352 | 44,129,850 |
| Accounts payable | 4,612,752 | 7,395,318 | 7,291,519 | 6,406,277 |
| Other current liabilities | - | 973,302 | 1,476,479 | 1,318,915 |
| Accrued compensation and benefits | 1,542,404 | 1,653,994 | 1,362,804 | 783,430 |
| Operating lease liability | 298,910 | 292,240 | 285,676 | 327,454 |
| Accrued warranty | 208,207 | 225,318 | 198,087 | 190,411 |
| Other accrued liabilities | 761,764 | - | - | - |
| Income taxes payable | 1,837 | - | - | - |
| Refundable customer deposits | 920,699 | 1,073,284 | 4,331,250 | 1,533,688 |
| Contingent value rights | - | - | 288,948 | 286,630 |
| Billings in excess of costs and estimated earnings | 1,349,145 | 1,663,867 | 1,889,832 | 421,474 |
| Current portion of loans payable | 88,086 | 366,824 | 379,609 | 330,112 |
| Current portion of loans payable - related party | 2,775,486 | 1,763,424 | 1,530,244 | 1,203,401 |
| Total current liabilities | 12,559,290 | 15,407,571 | 19,034,448 | 12,801,792 |
| Loans payable and related interest | 106,218 | 1,011,508 | 1,093,114 | 1,172,996 |
| Loans payable and related interest - related party | 3,006,190 | 3,457,864 | 3,897,808 | 4,328,137 |
| Operating lease liability | 3,080,742 | 3,158,478 | 3,233,929 | 3,308,028 |
| Accrued compensation and benefits | 1,107,299 | 863,693 | 620,087 | 416,855 |
| Total long-term liabilities | 7,300,449 | 8,491,543 | 8,844,938 | 9,226,016 |
| Preferred stock, par value 1.00 per share-Convertible Preferred Stock | - | 0 | 0 | 0 |
| Preferred stock, par value 1.00 per share-Series BPreferred Stock | - | 0 | 0 | 0 |
| Preferred stock, par value 1.00 per share-Series CPreferred Stock | - | 0 | 0 | - |
| Preferred stock, par value 1.00 per share-Series DPreferred Stock | - | 0 | 0 | 0 |
| Common stock, par value 0.05 per share 1,000,000,000 shares authorized 3,406,616 and 3,406,616 shares issued and outstanding, respectively | 170,331 | 170,331 | 170,331 | 170,331 |
| Additional paid-in capital | 77,972,475 | 77,966,554 | 77,953,503 | 77,934,604 |
| Accumulated deficit | -57,882,493 | -53,791,879 | -56,395,868 | -56,002,893 |
| Total stockholders' equity | 20,260,313 | 24,345,006 | 21,727,966 | 22,102,042 |
| Total liabilities and stockholders' equity | 40,120,052 | 48,244,120 | 49,607,352 | 44,129,850 |
SUNation Energy, Inc. (SUNE)
SUNation Energy, Inc. (SUNE)