Julien Dumoulin-Smith

Justin Clare

- SUNation Energy, Inc. reported **Q2 2025 revenue of $13.1 million** and an **Adjusted EBITDA loss of $(1.0) million**, which improved from an Adjusted EBITDA loss of $(1.7) million in Q2 2024.  **[22701_0001213900-25-087919_ea025746801ex10-1_sunnation.htm:5]** 
- The company significantly deleveraged, reducing **total debt by 61% to $7.5 million** as of June 30, 2025, compared to December 31, 2024, and increased **cash and equivalents to $3.2 million**.  **[22701_0001213900-25-087919_ea025746801ex10-1_sunnation.htm:5]** 
- For the full year 2025, SUNation Energy projects **total sales between $65 million and $70 million** and anticipates returning to Adjusted EBITDA profitability with a range of **$0.5 million to $0.7 million**.  **[22701_0001213900-25-087919_ea025746801ex10-1_sunnation.htm:6]** 
- Following the passage of the One Big Beautiful Bill Act (OBBBA) in July 2025, the company is pivoting its residential strategy to address increased consumer urgency for installations by year-end 2025 and expanding into non-residential projects under Section 48E.  **[22701_0001213900-25-087919_ea025746801ex10-1_sunnation.htm:8]**

SUNation Energy (SUNE)