| Schedule of Segment Information |
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Corporate and |
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SUNation NY |
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HEC |
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Other |
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Total |
Three Months Ended March 31, 2026 |
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Sales |
$ |
5,153,843 |
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$ |
2,040,606 |
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$ |
— |
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$ |
7,194,449 |
Cost of sales |
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3,886,113 |
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1,717,088 |
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— |
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5,603,201 |
Gross profit |
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1,267,730 |
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|
323,518 |
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— |
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1,591,248 |
Operating expenses: |
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Selling, general and administrative expenses |
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2,797,271 |
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786,993 |
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1,777,159 |
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5,361,423 |
Amortization expense |
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203,125 |
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356,250 |
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— |
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559,375 |
Total operating expenses |
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3,000,396 |
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1,143,243 |
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1,777,159 |
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5,920,798 |
Operating loss |
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(1,732,666) |
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(819,725) |
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(1,777,159) |
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(4,329,550) |
Other income (expenses): |
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Investment and other income |
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3,958 |
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6,333 |
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38,337 |
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48,628 |
Gain on sale of assets |
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2,700 |
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— |
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— |
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|
2,700 |
Interest expense |
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(6,733) |
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— |
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(126,716) |
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(133,449) |
Gain on debt extinguishment |
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332,412 |
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— |
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— |
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332,412 |
Other income (expense), net |
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332,337 |
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6,333 |
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(88,379) |
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|
250,291 |
Net loss before income taxes |
$ |
(1,400,329) |
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$ |
(813,392) |
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$ |
(1,865,538) |
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$ |
(4,079,259) |
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Depreciation and amortization |
$ |
246,686 |
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$ |
375,851 |
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$ |
— |
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$ |
622,537 |
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Assets |
$ |
22,872,387 |
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$ |
15,616,779 |
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$ |
1,630,886 |
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$ |
40,120,052 |
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Corporate and |
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SUNation NY |
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HEC |
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Other |
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Total |
Three Months Ended March 31, 2025 |
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Sales |
$ |
9,544,554 |
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$ |
3,092,084 |
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$ |
— |
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$ |
12,636,638 |
Cost of sales |
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5,871,972 |
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2,333,341 |
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— |
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8,205,313 |
Gross profit |
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3,672,582 |
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|
758,743 |
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— |
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4,431,325 |
Operating expenses: |
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Selling, general and administrative expenses |
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3,847,500 |
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976,674 |
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1,215,124 |
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6,039,298 |
Amortization expense |
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203,125 |
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356,250 |
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— |
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559,375 |
Total operating expenses |
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4,050,625 |
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1,332,924 |
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1,215,124 |
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6,598,673 |
Operating income (loss) |
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(378,043) |
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(574,181) |
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(1,215,124) |
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(2,167,348) |
Other income (expenses): |
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Investment and other income |
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— |
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— |
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48,165 |
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48,165 |
Fair value remeasurement of contingent forward contract |
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— |
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— |
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109,492 |
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109,492 |
Fair value remeasurement of contingent value rights |
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— |
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— |
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19,179 |
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19,179 |
Financing fees |
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— |
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— |
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(576,594) |
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(576,594) |
Interest expense |
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— |
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— |
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(571,240) |
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(571,240) |
Loss on debt extinguishment |
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— |
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— |
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(343,471) |
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(343,471) |
Other (expense) income, net |
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— |
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— |
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(1,314,469) |
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(1,314,469) |
Net loss before income taxes |
$ |
(378,043) |
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$ |
(574,181) |
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$ |
(2,529,593) |
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$ |
(3,481,817) |
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Depreciation and amortization |
$ |
251,050 |
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$ |
376,265 |
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$ |
— |
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$ |
627,315 |
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Assets |
$ |
25,302,335 |
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$ |
17,320,441 |
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$ |
1,804,896 |
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$ |
44,427,672 |
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