SUNation Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Contracts in Progress

9 Months Ended

Sep. 30, 2024

NOTE 4 – CONTRACTS IN PROGRESS

Billings in excess of costs and estimated earnings as of September 30, 2024 and December 31, 2023 are as follows:


	September 30, 2024		December 31, 2023

Billings to date	$	2,302,747	$	2,131,579

Costs incurred on uncompleted contracts		840,716		1,208,444
Estimated earnings		997,061		483,046
Cost plus estimated earnings		1,837,777		1,691,490

Billings in excess of costs plus estimated earnings on uncompleted contracts	$	464,970	$	440,089

Costs and estimated earnings in excess of billings as of September 30, 2024 and December 31, 2023 are as follows:


	September 30, 2024		December 31, 2023

Costs incurred on uncompleted contracts	$	1,162,957	$	119,782
Estimated earnings		1,108,077		396,174
Total costs and estimated earnings		2,271,034		515,956
Billings to date		1,887,014		458,715
Costs and estimated earnings in excess of billings on uncompleted contracts	$	384,020	$	57,241