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

Contracts in Progress

6 Months Ended

Jun. 30, 2024

NOTE 4 – CONTRACTS IN PROGRESS

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


	June 30, 2024		December 31, 2023

Billings to date	$	2,106,313	$	2,131,579

Costs incurred on uncompleted contracts		414,228		1,208,444
Estimated earnings		278,535		483,046
Cost plus estimated earnings		692,763		1,691,490

Billings in excess of costs plus estimated earnings on uncompleted contracts	$	1,413,550	$	440,089

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


	June 30, 2024		December 31, 2023

Costs incurred on uncompleted contracts	$	16,018	$	119,782
Estimated earnings		12,061		396,174
Total costs and estimated earnings		28,079		515,956
Billings to date		23,464		458,715
Costs and estimated earnings in excess of billings on uncompleted contracts	$	4,615	$	57,241