SUNation Energy Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $7.2M | $839.3K | $3.6M | $2.2M | $19.0K | $12.8M | $13.9M | $11.1M |
| Accounts Receivable | $4.2M | $4.9M | $5.0M | $5.6M | $1.8M | $4.4M | $10.2M | $9.6M |
| Inventory | $2.5M | $2.7M | $3.6M | $6.1M | $194.5K | $136.3K | $8.5M | $12.0M |
| Total Current Assets | $16.5M | $11.1M | $15.8M | $26.0M | $19.0K | $35.8M | $49.4M | $42.3M |
| Property, Plant & Equipment | $1.0M | $1.2M | $1.5M | $1.2M | $140.8K | $304.8K | $8.2M | $8.8M |
| Goodwill | $17.4M | $17.4M | $20.5M | $20.5M | $2.1M | $2.1M | — | — |
| Intangible Assets (Excl. Goodwill) | $10.0M | $12.2M | $15.8M | $20.5M | $2.8M | $2.8M | — | $5.0K |
| Total Assets | $48.2M | $45.7M | $58.2M | $74.7M | $2.8M | $55.6M | $59.2M | $53.3M |
| Liabilities | ||||||||
| Accounts Payable | $7.4M | $8.0M | $7.7M | $7.6M | $2.2M | $709.3K | $3.7M | $4.1M |
| Total Current Liabilities | $15.4M | $27.2M | $22.4M | $25.9M | $2.9M | $7.4M | $11.4M | $11.6M |
| Long-Term Debt | $6.6M | — | — | — | — | — | — | — |
| Total Liabilities | $23.9M | $37.2M | $37.7M | $47.5M | $11.4M | $58.1M | $11.8M | $11.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-53.8M | $-42.9M | $-27.1M | $-19.1M | $-8.7M | $4.1M | $4.6M | $-734.0K |
| Total Stockholders' Equity | $24.3M | $8.5M | $20.4M | $27.2M | $-8.6M | $-2.5M | $47.4M | $41.7M |