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

Segment Information (Tables)

6 Months Ended

Jun. 30, 2018



				Transition		JDL						Intersegment
		Suttle		Networks		Technologies		Net2Edge		Other		Eliminations		Total
Three Months Ended June 30, 2018
Sales	$	5,873,000	$	7,834,000	$	913,000	$	681,000	$	-	$	(263,000)	$	15,038,000
Cost of sales		5,414,000		4,327,000		841,000		501,000		-		(30,000)		11,053,000
Gross profit (loss)		459,000		3,507,000		72,000		180,000		-		(233,000)		3,985,000
Selling, general and
administrative expenses		2,154,000		3,488,000		478,000		820,000		-		(233,000)		6,707,000
Operating (loss) income		(1,695,000)		19,000		(406,000)		(640,000)		-		-		(2,722,000)
Other income (expense)		(4,000)		6,000		3,000		20,000		44,000		-		69,000
Income (loss) before income tax	$	(1,699,000)	$	25,000	$	(403,000)	$	(620,000)	$	44,000	$	-	$	(2,653,000)

Depreciation and amortization	$	386,000	$	100,000	$	41,000	$	14,000	$	-	$	-	$	541,000

Capital expenditures	$	232,000	$	18,000	$	-	$	98,000	$	-	$	-	$	348,000

Assets	$	15,748,000	$	15,058,000	$	912,000	$	2,468,000	$	20,780,000	$	(27,000)	$	54,939,000



				Transition		JDL						Intersegment
		Suttle		Networks		Technologies		Net2Edge		Other		Eliminations		Total
Three Months Ended June 30, 2017
Sales	$	8,580,000	$	9,500,000	$	4,026,000	$	180,000	$	-	$	(218,000)	$	22,068,000
Cost of sales		7,767,000		5,206,000		3,065,000		40,000		-		(20,000)		16,058,000
Gross profit		813,000		4,294,000		961,000		140,000		-		(198,000)		6,010,000
Selling, general and
administrative expenses		2,325,000		3,933,000		557,000		701,000		-		(198,000)		7,318,000
Impairment loss		-		-		1,463,000		154,000		-		-		1,617,000
Restructuring expense		1,142,000		-		-		-		-		-		1,142,000
Operating (loss) income		(2,654,000)		361,000		(1,059,000)		(715,000)		-		-		(4,067,000)
Other income (expense)		(69,000)		(1,000)		-		(2,000)		21,000		-		(51,000)
Income (loss) before income tax	$	(2,723,000)	$	360,000	$	(1,059,000)	$	(717,000)	$	21,000	$	-	$	(4,118,000)

Depreciation and amortization	$	579,000	$	173,000	$	77,000	$	20,000	$	-	$	-	$	849,000

Capital expenditures	$	25,000	$	25,000	$	3,000	$	43,000	$	4,000	$	-	$	100,000

Assets	$	31,292,000	$	15,262,000	$	4,122,000	$	1,294,000	$	15,699,000	$	(27,000)	$	67,642,000



				Transition		JDL						Intersegment
		Suttle		Networks		Technologies		Net2Edge		Other		Eliminations		Total
Six Months Ended June 30, 2018
Sales	$	12,846,000	$	16,988,000	$	1,622,000	$	846,000	$	-	$	(490,000)	$	31,812,000
Cost of sales		11,012,000		9,554,000		1,568,000		563,000		-		(49,000)		22,648,000
Gross profit		1,834,000		7,434,000		54,000		283,000		-		(441,000)		9,164,000
Selling, general and
administrative expenses		4,410,000		7,203,000		964,000		1,724,000		-		(441,000)		13,860,000
Operating (loss) income		(2,576,000)		231,000		(910,000)		(1,441,000)		-		-		(4,696,000)
Other income		20,000		4,000		3,000		12,000		152,000		-		191,000
Income (loss) before income tax	$	(2,556,000)	$	235,000	$	(907,000)	$	(1,429,000)	$	152,000	$	-	$	(4,505,000)

Depreciation and amortization	$	799,000	$	241,000	$	105,000	$	28,000	$	-	$	-	$	1,173,000

Capital expenditures	$	459,000	$	38,000	$	-	$	115,000	$	-	$	-	$	612,000



				Transition		JDL						Intersegment
		Suttle		Networks		Technologies		Net2Edge		Other		Eliminations		Total
Six Months Ended June 30, 2017
Sales	$	17,352,000	$	18,504,000	$	6,891,000	$	537,000	$	-	$	(416,000)	$	42,868,000
Cost of sales		15,480,000		10,325,000		4,969,000		140,000		-		(22,000)		30,892,000
Gross profit		1,872,000		8,179,000		1,922,000		397,000		-		(394,000)		11,976,000
Selling, general and
administrative expenses		4,536,000		7,672,000		1,133,000		1,408,000		-		(394,000)		14,355,000
Impairment loss		-		-		1,463,000		154,000		-		-		1,617,000
Restructuring expense		1,530,000		-		-		-		-		-		1,530,000
Operating (loss) income		(4,194,000)		507,000		(674,000)		(1,165,000)		-		-		(5,526,000)
Other income (expense)		(80,000)		(7,000)		-		33,000		16,000		-		(38,000)
Income (loss) before income tax	$	(4,274,000)	$	500,000	$	(674,000)	$	(1,132,000)	$	16,000	$	-	$	(5,564,000)

Depreciation and amortization	$	1,170,000	$	360,000	$	154,000	$	38,000	$	-	$	-	$	1,722,000

Capital expenditures	$	48,000	$	25,000	$	5,000	$	60,000	$	-	$	-	$	138,000