Company: SUNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0000022701-25-000002
Chunk: 9

Company: SUNation Energy, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 9
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121,745)      Less: Deemed dividend on extinguishment of Convertible Preferred Stock  (4,215,551)   —Less: Deemed dividend on modification of PIPE Warrants  (11,447,251)   —Less: Deemed contribution on exchange of equity instruments  4,075,681   —Net loss attributable to common shareholders$ (27,436,926) $ (8,132,167)      Basic net loss per share(1):     Continuing operations$ (50.58) $ (521.89)Discontinued operations  —   (89.66) $ (50.58) $ (611.55)Diluted net loss per share(1):     Continuing operations$ (50.58) $ (521.89)Discontinued operations  —   (89.66) $ (50.58) $ (611.55)      Weighted Average Basic Shares Outstanding(1)  542,454   13,298Weighted Average Dilutive Shares Outstanding(1)  542,454   13,298

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      (1) Prior period results have been adjusted to reflect the reverse stock split of the common stock at a ratio of 1-for-50 that became effective October 17, 2024 and the reverse stock split of the common stock at a ratio of 1-for-15 that became effective June 12, 2024. See Note 1, "Nature of Operations," for further details.      The accompanying notes are an integral part of the consolidated financial statements.            ‎ 

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                                                                              SUNATION ENERGY, INC.CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY                                                                    Accumulated    Redeemable Convertible Series A Convertible Series B Series C      Additional   Other    Preferred Stock Preferred Stock Preferred Stock Preferred Stock Common Stock Paid-in Accumulated Comprehensive    Shares  Amount  Shares  Amount  Shares  Amount  Shares  Amount  Shares(1) Amount(1) Capital(1) Deficit Income (Loss) TotalBALANCE AT DECEMBER 31, 2022 — $ —  28,000  $ 28,000   — $ —  — $ —  13,221 $  661  $ 46,293,187  $ (19,089,134) $ (10,422) $ 27,222,292                                      Net loss —   —  —