SUNation Energy, Inc. Annual report pursuant to Section 13 and 15(d)

Contracts in Progress (Tables)

12 Months Ended

Dec. 31, 2023

Billings in excess of costs and estimated earnings as of December 31, 2023 and 2022 are as follows:


	Year Ended December 31
	2023		2022

Billings to date	$	2,131,579	$	4,208,409

Costs incurred on uncompleted contracts		1,208,444		1,122,453
Estimated earnings		483,046		380,547
Cost plus estimated earnings		1,691,490		1,503,000

Billings in excess of costs plus estimated earnings on uncompleted contracts	$	440,089	$	2,705,409

Costs and estimated earnings in excess of billings as of December 31, 2023 and 2022 are as follows:


	Year Ended December 31
	2023		2022

Costs incurred on uncompleted contracts	$	119,782	$	931,801
Estimated earnings		396,174		513,648
		515,956		1,445,449
Billings to date		458,715		667,964
Costs and estimated earnings in excess of billings on uncompleted contracts	$	57,241	$	777,485