Insider Chart Past 6 Months
Technical Chart
Filings by transaction date
- Jan 11, 2021 (filed on Jan 13, 2021)Insider Name:Morris GaylonOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:210,000Price:--
- Dec 02, 2020 (filed on Dec 02, 2020)Insider Name:Cargile Charles FOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-2,453Price:$3.98
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Speer Stanley EOwnership Type:Direct OwnershipSecurities:Option to Purchase Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-3,571Price:--
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Speer Stanley EOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3# or value acquired/disposed of:-1,958Price:$5.60
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Speer Stanley EOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:3,571Price:$3.07
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Resch Rhone A.Ownership Type:Direct OwnershipSecurities:Option to Purchase Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-3,571Price:--
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Resch Rhone A.Ownership Type:Direct OwnershipSecurities:Common StockNature of Transaction:F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3# or value acquired/disposed of:-1,958Price:$5.60
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Resch Rhone A.Ownership Type:Direct OwnershipSecurities:Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:3,571Price:$3.07
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Hall Judith AnnOwnership Type:Direct OwnershipSecurities:Option to Purchase Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-2,778Price:--
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Hall Judith AnnOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3# or value acquired/disposed of:-1,250Price:$5.60
Filings by filing date
- Jan 11, 2021 (filed on Jan 13, 2021)Insider Name:Morris GaylonOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:A - Grant, award or other under Rule 16b-3(d)# or value acquired/disposed of:210,000Price:--
- Dec 02, 2020 (filed on Dec 02, 2020)Insider Name:Cargile Charles FOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:S - Open market or private sale# or value acquired/disposed of:-2,453Price:$3.98
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Speer Stanley EOwnership Type:Direct OwnershipSecurities:Option to Purchase Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-3,571Price:--
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Speer Stanley EOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3# or value acquired/disposed of:-1,958Price:$5.60
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Speer Stanley EOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:3,571Price:$3.07
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Resch Rhone A.Ownership Type:Direct OwnershipSecurities:Option to Purchase Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-3,571Price:--
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Resch Rhone A.Ownership Type:Direct OwnershipSecurities:Common StockNature of Transaction:F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3# or value acquired/disposed of:-1,958Price:$5.60
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Resch Rhone A.Ownership Type:Direct OwnershipSecurities:Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:3,571Price:$3.07
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Hall Judith AnnOwnership Type:Direct OwnershipSecurities:Option to Purchase Common StockNature of Transaction:M - Exercise or conversion exempt under rule 16b-3# or value acquired/disposed of:-2,778Price:--
- Nov 30, 2020 (filed on Dec 01, 2020)Insider Name:Hall Judith AnnOwnership Type:Direct OwnershipSecurities:Common StockNature of Transaction:F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3# or value acquired/disposed of:-1,250Price:$5.60
News
Biz Brief
Sector: Energy | Industry: Renewable Energy Equipment & Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1030 Winding Creek Rd Ste 100 ROSEVILLE CA 95678-7046 |
Tel: | N/A |
Website: | https://sunworksusa.com |
IR: | See website |
Key People | ||
Charles Franks Cargile Chairman of the Board | Gaylon Morris Chief Executive Officer, Director | Paul C. McDonnel interim Chief Financial Officer, Treasurer |
Emil Beitpolous President of Solar United Network, Inc. | Mikhail V Podnebesnyy Vice-President of Solar United Network, Inc. | Abraham Richard Emard Chief Operating Officer | Valarie Serrato Vice President - Residential Business |
Business Overview |
Sunworks, Inc., formerly Solar3D, Inc., provides photo voltaic (PV) based power systems for the residential, commercial and agricultural markets in California and Nevada. The Company, through its operating subsidiaries, designs, arranges financing, integrates, installs and manages systems ranging in size from 2 kilowatt (KW) for residential loads to multi megawatts (MW) systems for larger commercial projects. The Company's commercial installations include office buildings, manufacturing plants, warehouses and agricultural facilities, such as farms, wineries and dairies. The Company provides a range of installation services to its solar energy customers, including design, system engineering, procurement, permitting, construction, grid connection, warranty, system monitoring and maintenance. The Company has installed over 850 systems in California and Nevada. |
Financial Overview |
For the nine months ended 30 September 2020,Sunworks Inc revenues decreased 35% to $29.3M. Net lossincreased 91% to $11.1M. Revenues reflect a decrease indemand for the Company's products and services due tounfavorable market conditions. Higher net loss reflectsSelling and marketing increase of 34% to $1.9M (expense).Basic Earnings per Share excluding Extraordinary Itemsincreased from -$1.48 to -$0.70. |
Employees: | 178 as of Dec 31, 2019 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $319.02M as of Sep 30, 2020 |
Annual revenue (TTM): | $43.70M as of Sep 30, 2020 |
EBITDA (TTM): | -$9.38M as of Sep 30, 2020 |
Net annual income (TTM): | -$14.45M as of Sep 30, 2020 |
Free cash flow (TTM): | -$9.54M as of Sep 30, 2020 |
Net Debt Last Fiscal Year: | $0.41M as of Sep 30, 2020 |
Shares outstanding: | 16,628,992 as of Oct 30, 2020 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |