Sunworks, Inc.
SUNWQTechnology · Miscellaneous Electrical Machinery, Equipment & Supplies · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $161.9M | $101.2M | $37.9M | $59.8M | $71.0M | $77.4M |
| Operating income | −$28.2M | −$29.2M | −$15.2M | −$8.3M | −$5.2M | −$6.3M |
| Net income | −$28.2M | −$26.6M | −$15.9M | −$9.2M | −$5.7M | −$7.2M |
| Total assets | $119.9M | $100.8M | $52.3M | $30.8M | $32.2M | $41.1M |
| Total liabilities | $56.0M | $28.0M | $18.3M | $22.4M | $22.2M | $25.5M |
| Equity | $63.9M | $72.8M | $34.1M | $8.4M | $10.0M | $15.7M |
| EPS (diluted) | $-0.86 | $-0.99 | — | $-2.07 | $-1.61 | $-0.32 |
| Shares out. | 29.3M | 27.0M | 16.6M | 26.2M | 23.2M | 22.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- −17.4%
- Net margin
- −17.4%
- Return on equity
- −44.1%
- Return on assets
- −23.5%
- Return on capital (ROCE)
- −41.1%
- Liabilities / assets
- 46.7%
- Debt / equity
- 0.88×
- Book value / share
- $2.18
- Revenue growth (YoY)
- 60.1%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Altman Z″ (distress)
- -2.99distress
- Accruals / assets
- −0.0%clean
- Beneish M-Score
- -1.44elevated
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 4 warning● 3 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Beneish M-Score elevated — earnings-manipulation screen flag
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 15, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2012
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2010
- NT 10-Qmissed a reporting deadline ↗May 14, 2010
- NT 10-Kmissed a reporting deadline ↗Mar 30, 2010
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2009
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Resch Rhone A.Director | Dec 5, 2023 | Grant | 362,318 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 632,862 | 89.5 | 0.0% |
| Apr 30, 2026 | 632,862 | 14.8 | 0.0% |
| Apr 15, 2026 | 632,862 | 15.1 | 0.0% |
| Mar 31, 2026 | 632,862 | 25.6 | 0.0% |
| Mar 13, 2026 | 632,862 | 54.0 | 0.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Bankruptcy or receivership · Delisting / listing-standard noticeFeb 14, 2024
- Bankruptcy or receivership · Director / officer changeFeb 6, 2024
- Director / officer changeJan 8, 2024
- Director / officer changeDec 12, 2023
- Results of operationsNov 13, 2023
- Director / officer changeOct 18, 2023
- Delisting / listing-standard noticeOct 3, 2023
- Shareholder voteSep 26, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.