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

Contracts in Progress

6 Months Ended

Jun. 30, 2025

NOTE 4 – CONTRACTS IN PROGRESS

Billings in excess of costs and estimated earnings as of June 30, 2025 and December 31, 2024 are as follows:


	June 30, 2025		December 31, 2024

Billings to date	$	647,062	$	3,055,354

Costs incurred on uncompleted contracts		121,498		1,120,213
Estimated earnings		104,090		1,490,831
Cost plus estimated earnings		225,588		2,611,044

Billings in excess of costs plus estimated earnings on uncompleted contracts	$	421,474	$	444,310

Costs and estimated earnings in excess of billings as of June 30, 2025 and December 31, 2024 are as follows:


	June 30, 2025		December 31, 2024

Costs incurred on uncompleted contracts	$	2,895,293	$	1,233,151
Estimated earnings		2,802,369		1,219,234
Total costs and estimated earnings		5,697,662		2,452,385
Billings to date		5,093,585		1,891,737
Costs and estimated earnings in excess of billings on uncompleted contracts	$	604,077	$	560,648