---
schema_version: "secwatch.filing_event.v1"
accession: "0000897101-24-000121"
form_type: "8-K"
ticker: "SUNE"
cik: "0000022701"
company_name: "SUNation Energy, Inc."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T06:44:17.740838+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pineapple Energy Q4 revenue up 13% to $19.4M; net loss narrows to $1.7M; full-year adjusted EBITDA positive $1.2M

## Summary
- Q4 2023 revenue $19.4M (+13% YoY); gross profit $5.5M (+10% YoY); operating loss $2.3M, improved 34% from Q4 2022.
- Net loss from continuing ops $1.7M ($0.16 per share) vs $17.4M ($2.58) in Q4 2022; full year net loss $6.9M vs $20.1M.
- Pro forma adjusted EBITDA of $0.2M in Q4 and $1.2M for full year 2023, both positive vs negative in 2022.
- Residential kW installed down 17% YoY in Q4; battery attachment rate rose to 38% from 28%; backlog $36M.
- Cash and restricted cash $5.4M at Dec 31, 2023, down from $7.9M a year earlier.

## SEC filing metadata
- accession: 0000897101-24-000121
- form_type: 8-K
- ticker: SUNE
- cik: 0000022701
- company_name: SUNation Energy, Inc.
- filed_at: 2024-03-28T23:59:59+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/22701/000089710124000121/0000897101-24-000121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22701/000089710124000121/pegy240333_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897101-24-000121
- JSON: https://secwatch.observer/filing/0000897101-24-000121.json
- Plain text: https://secwatch.observer/filing/0000897101-24-000121.txt

## Key facts
- Earnings Releases
  SUNation Energy, Inc. reported the fourth-quarter and full year ended December 31, 2023 results: revenue $79.6 million.
  - Period: the fourth-quarter and full year ended December 31, 2023
  - Revenue: $79.6 million
  - Result: reported results
  source text: transition by helping individual homeowners take control of their electricity production, storage, and consumption. We came in just shy of our revenue guidance range, generating $79.6 million, and more importantly were able to deliver positive adjusted EBITDA over the full year. In 2024, we anticipate interest rates to start to fall, hardware costs to continue to
  evidence_url: https://www.sec.gov/Archives/edgar/data/22701/000089710124000121/0000897101-24-000121-index.htm

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