For the quarter ending 2025-09-30, SUNE has $49,607,352 in assets. $5,414,591 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 5,414,591 | 3,186,757 | ||
| Restricted cash and cash equivalents | 288,948 | 286,630 | ||
| Trade accounts receivable, less allowance for credit losses of 280,863 and 240,817, respectively | 4,924,480 | 3,298,944 | ||
| Inventories | 3,008,151 | 2,321,966 | ||
| Prepaid income taxes | 13,461 | 15,776 | ||
| Related party receivables | 21,571 | 23,039 | ||
| Prepaid expenses | 2,088,810 | 1,028,996 | ||
| Costs and estimated earnings in excess of billings | 797,390 | 604,077 | ||
| Other current assets | 612,248 | 185,227 | ||
| Total current assets | 17,169,650 | 10,951,412 | ||
| Property, plant and equipment, net | 1,047,668 | 1,107,372 | ||
| Goodwill | 17,443,869 | 17,443,869 | ||
| Operating lease right of use asset, net | 3,391,457 | 3,513,114 | ||
| Intangible assets, net | 10,542,708 | 11,102,083 | ||
| Other assets, net | 12,000 | 12,000 | ||
| Total other assets | 31,390,034 | 32,071,066 | ||
| Total assets | 49,607,352 | 44,129,850 | ||
| Accounts payable | 7,291,519 | 6,406,277 | ||
| Accrued compensation and benefits | 1,362,804 | 783,430 | ||
| Operating lease liability | 285,676 | 327,454 | ||
| Accrued warranty | 198,087 | 190,411 | ||
| Other accrued liabilities | 1,476,479 | 1,318,915 | ||
| Refundable customer deposits | 4,331,250 | 1,533,688 | ||
| Contingent value rights | 288,948 | 286,630 | ||
| Current portion of loans payable | 379,609 | 330,112 | ||
| Current portion of loans payable - related party | 1,530,244 | 1,203,401 | ||
| Billings in excess of costs and estimated earnings | 1,889,832 | 421,474 | ||
| Total current liabilities | 19,034,448 | 12,801,792 | ||
| Loans payable and related interest | 1,093,114 | 1,172,996 | ||
| Loans payable and related interest - related party | 3,897,808 | 4,328,137 | ||
| Operating lease liability | 3,233,929 | 3,308,028 | ||
| Accrued compensation and benefits | 620,087 | 416,855 | ||
| Total long-term liabilities | 8,844,938 | 9,226,016 | ||
| Preferred stock, par value 1.00 per share-Convertible Preferred Stock | 0 | 0 | ||
| Preferred stock, par value 1.00 per share-Series BPreferred Stock | 0 | 0 | ||
| Preferred stock, par value 1.00 per share-Series CPreferred Stock | 0 | - | ||
| Preferred stock, par value 1.00 per share-Series DPreferred Stock | 0 | 0 | ||
| Common stock, par value 0.05 per share 1,000,000,000 shares authorized 3,406,614 and 9,343 shares issued and outstanding, respectively | 170,331 | 170,331 | ||
| Additional paid-in capital | 77,953,503 | 77,934,604 | ||
| Accumulated deficit | -56,395,868 | -56,002,893 | ||
| Total stockholders' equity | 21,727,966 | 22,102,042 | ||
| Total liabilities and stockholders' equity | 49,607,352 | 44,129,850 | ||
SUNation Energy, Inc. (SUNE)
SUNation Energy, Inc. (SUNE)