SUNation Energy, Inc. Quarterly report [Sections 13 or 15(d)]

Contracts in Progress

3 Months Ended

Mar. 31, 2025

NOTE 4 – CONTRACTS IN PROGRESS

Billings in excess of costs and estimated earnings as of March 31, 2025 and December 31, 2024 are as follows:


	March 31, 2025		December 31, 2024

Billings to date	$	577,002	$	3,055,354

Costs incurred on uncompleted contracts		202,295		1,120,213
Estimated earnings		76,534		1,490,831
Cost plus estimated earnings		278,829		2,611,044

Billings in excess of costs plus estimated earnings on uncompleted contracts	$	298,173	$	444,310

Costs and estimated earnings in excess of billings as of March 31, 2025 and December 31, 2024 are as follows:


	March 31, 2025		December 31, 2024

Costs incurred on uncompleted contracts	$	2,575,623	$	1,233,151
Estimated earnings		2,419,974		1,219,234
Total costs and estimated earnings		4,995,597		2,452,385
Billings to date		4,302,776		1,891,737
Costs and estimated earnings in excess of billings on uncompleted contracts	$	692,821	$	560,648