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

Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Measurements [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis



	December 31, 2023
	Level 1			Level 2			Level 3			Total Fair Value
Cash equivalents:
Money Market funds	$	1,799,357		$	—		$	—		$	1,799,357
Subtotal		1,799,357			—			—			1,799,357

Liabilities:
Contingent value rights		—			—			(1,691,072)			(1,691,072)
Earnout consideration		—			—			(3,500,000)			(3,500,000)
Subtotal		—			—			(5,191,072)			(5,191,072)

Total	$	1,799,357		$	—		$	(5,191,072)		$	(3,391,715)



	December 31, 2022
	Level 1			Level 2			Level 3			Total Fair Value
Cash equivalents:
Money Market funds	$	978,462		$	—		$	—		$	978,462
Subtotal		978,462			—			—			978,462

Short-term investments:
Corporate Notes/Bonds		—			2,666,766			—			2,666,766
Subtotal		—			2,666,766			—			2,666,766

Liabilities:
Contingent value rights		—			—			(7,402,714)			(7,402,714)
Earnout consideration		—			—			(2,150,000)			(2,150,000)
Subtotal		—			—			(9,552,714)			(9,552,714)

Total	$	978,462		$	2,666,766		$	(9,552,714)		$	(5,907,486)