Sunworks, Inc. financial data

Symbol
SUNWQ on OTC
Industry
Miscellaneous Electrical Machinery, Equipment & Supplies
Location
1030 Winding Creek Road, Suite 100, Roseville, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
SOLAR3D, INC. (to 2/26/2016), MACHINETALKER INC (to 10/6/2010), MACHINE TALKER INC (to 7/5/2005)
Latest financial report
10-Q - Q3 2023 - Nov 13, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 135 % -26.6%
Quick Ratio 45.2 % -11.2%
Debt-to-equity 104 % +97.3%
Return On Equity -128 % -163%
Return On Assets -62.6 % -97.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 56.8M shares +61.4%
Common Stock, Shares, Outstanding 48.9M shares +39.2%
Entity Public Float 51.7M USD -81.8%
Common Stock, Value, Issued 49K USD +40%
Weighted Average Number of Shares Outstanding, Basic 43.6M shares +29.6%
Weighted Average Number of Shares Outstanding, Diluted 43.6M shares +29.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 155M USD +10.6%
Cost of Revenue 100K USD
Selling and Marketing Expense 49.8M USD -5.29%
General and Administrative Expense 38.1M USD +20.9%
Operating Income (Loss) -64.5M USD -87.4%
Nonoperating Income (Expense) 2.15M USD -2722%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -62.4M USD -80.4%
Income Tax Expense (Benefit) 112K USD +19.1%
Net Income (Loss) Attributable to Parent -62.5M USD -80.3%
Earnings Per Share, Basic -1.55 USD/shares -33.6%
Earnings Per Share, Diluted -0.84 USD/shares -425%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.2M USD -84.6%
Accounts Receivable, after Allowance for Credit Loss, Current 10.2M USD +33.7%
Inventory, Net 16.4M USD -39.2%
Other Assets, Current 3.56M USD +8.51%
Assets, Current 49.3M USD -36%
Property, Plant and Equipment, Net 1.16M USD -53.6%
Operating Lease, Right-of-Use Asset 2.2M USD +13.7%
Intangible Assets, Net (Excluding Goodwill) 4.3M USD -23.5%
Goodwill 6.19M USD -80.8%
Assets 67.5M USD -44.4%
Employee-related Liabilities, Current 5M USD +59.5%
Accrued Liabilities, Current 3.85M USD -5.34%
Contract with Customer, Liability, Current 19.3M USD -27.8%
Liabilities, Current 39.9M USD -15.6%
Operating Lease, Liability, Noncurrent 1.29M USD +24.8%
Liabilities 45.9M USD -9.5%
Retained Earnings (Accumulated Deficit) -199M USD -45.8%
Stockholders' Equity Attributable to Parent 21.6M USD -69.4%
Liabilities and Equity 67.5M USD -44.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -6.7M USD +14.1%
Net Cash Provided by (Used in) Financing Activities -80K USD -101%
Net Cash Provided by (Used in) Investing Activities 2.42M USD
Common Stock, Shares Authorized 100M shares +100%
Common Stock, Shares, Issued 48.9M shares +39.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -4.36M USD -1552%
Interest Paid, Excluding Capitalized Interest, Operating Activities 49K USD +513%
Deferred Tax Assets, Valuation Allowance 22.2M USD +44.2%
Deferred Tax Assets, Gross 22.2M USD +44.2%
Operating Lease, Liability 2.2M USD +13.7%
Depreciation 950K USD -26%
Payments to Acquire Property, Plant, and Equipment 103K USD -38.7%
Lessee, Operating Lease, Liability, to be Paid 2.4M USD +20%
Property, Plant and Equipment, Gross 6.47M USD +9.1%
Operating Lease, Liability, Current 915K USD +1.11%
Lessee, Operating Lease, Liability, to be Paid, Year Two 644K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 832K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +66.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 194K USD +218%
Lessee, Operating Lease, Liability, to be Paid, Year Three 571K USD
Deferred Tax Assets, Operating Loss Carryforwards 19.2M USD +49.6%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 43K USD
Operating Lease, Payments 2.04M USD +37.7%
Additional Paid in Capital 221M USD +6.49%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 2.45M USD -41.5%
Depreciation, Depletion and Amortization 3.96M USD -18.8%
Share-based Payment Arrangement, Expense 2K USD -99.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%