---
schema_version: "secwatch.filing_event.v1"
accession: "0000897101-23-000364"
form_type: "8-K"
ticker: "SUNE"
cik: "0000022701"
company_name: "SUNation Energy, Inc."
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T15:44:46.889674+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pineapple Energy Q2 revenue up 370% to $19.8M; positive adjusted EBITDA $319K

## Summary
- Revenue $19.8M (+370% YoY); gross profit $7.1M (+691% YoY); operating expenses $8.6M (+122% YoY).
- Net loss from continuing ops $0.3M ($0.03 loss per share) vs net income $1.7M in Q2 2022.
- Adjusted EBITDA (pro forma) $319K positive; reaffirms FY 2023 revenue guidance $80-85M and positive adjusted EBITDA.
- Backlog increased to $42M from $38M; battery attachment rate 43% vs 38% a year ago.
- Closed $7.5M debt financing with Decathlon Capital Partners; sold legacy JDL/Ecessa assets.

## SEC filing metadata
- accession: 0000897101-23-000364
- form_type: 8-K
- ticker: SUNE
- cik: 0000022701
- company_name: SUNation Energy, Inc.
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/22701/000089710123000364/0000897101-23-000364-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22701/000089710123000364/pegy230874_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897101-23-000364
- JSON: https://secwatch.observer/filing/0000897101-23-000364.json
- Plain text: https://secwatch.observer/filing/0000897101-23-000364.txt

## Key facts
- Earnings Releases
  SUNation Energy, Inc. reported the second quarter ended June 30, 2023 results: revenue $19,836,291, net income $(333,810), EPS ($0.03) per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $19,836,291
  - Net income: $(333,810)
  - EPS: ($0.03) per diluted share
  - Result: reported results
  source text: JDL Technologies, Inc., and Ecessa Corporation completed Second Quarter 2023 GAAP Results from Continuing Operations 1 2 nd Quarter 2023 2 nd Quarter 2022 3 Revenue $19,836,291 $4,218,453 Gross Profit $7,136,934 $902,443 Operating Expense $8,552,254 $3,848,226 Operating Loss $(1,415,320) $(2,945,783) Other Income $1,078,616 $4,639,554 Net (Loss)
  evidence_url: https://www.sec.gov/Archives/edgar/data/22701/000089710123000364/0000897101-23-000364-index.htm

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