---
schema_version: "secwatch.filing_event.v1"
accession: "0000897101-23-000203"
form_type: "8-K"
ticker: "SUNE"
cik: "0000022701"
company_name: "SUNation Energy, Inc."
filed_at: "2023-05-12T23:59:59+00:00"
generated_at: "2026-06-15T02:56:00.611639+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pineapple Energy Q1 revenue $22.1M, up 28% sequentially; positive adjusted EBITDA on pro forma basis

## Summary
- Revenue $22.1M, gross profit $8.0M; net loss $2.6M ($0.26 diluted loss per share).
- Pro forma adjusted EBITDA positive at $372,802 vs negative $880,910 year ago.
- Cash and restricted cash $7.6M; $4.2M restricted for contingent value rights.
- kW sold +60%, kW installed +52% vs pro forma Q1 2022; battery attachment rate 40%.
- Company achieved positive operating cash flow from continuing operations ahead of forecast.

## SEC filing metadata
- accession: 0000897101-23-000203
- form_type: 8-K
- ticker: SUNE
- cik: 0000022701
- company_name: SUNation Energy, Inc.
- filed_at: 2023-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/22701/000089710123000203/0000897101-23-000203-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22701/000089710123000203/pegy230575_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897101-23-000203
- JSON: https://secwatch.observer/filing/0000897101-23-000203.json
- Plain text: https://secwatch.observer/filing/0000897101-23-000203.txt

## Key facts
- Earnings Releases
  SUNation Energy, Inc. reported financial results for the quarter ended March 31, 2023.
  - Period: the quarter ended March 31, 2023
  - Result: reported results
  source text: On May 11, 2023, Pineapple Energy Inc. (the “Company”) issued a press release reporting select financial results for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/22701/000089710123000203/0000897101-23-000203-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.