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Sunworks Inc
1555 Freedom Blvd., 200 West
Phone: (916) 409-6900p:916 409-6900 PROVO, UT  84604  United States Ticker: SLTDSLTD
Filed for Bankruptcy on 2/5/2024
Case #24-10215, filed in the U.S. Bankruptcy Court for the District of Delaware (Chapter 7)
Business Summary
Sunworks, Inc. provides photovoltaic (PV) and battery-based power and storage systems for residential and commercial markets. The Company's commercial projects include commercial, agricultural, industrial, and public works projects. It operates through three segments: Residential Solar, Commercial Solar Energy, and Corporate. Residential Solar segment designs, arrange finances, integrates, installs, and manages systems, primarily for residential homeowners. The Commercial Solar Energy segment designs, arrange finances, integrates, installs, and manages systems ranging in size from 50kW (kilowatt) to multi-MW (megawatt) systems primarily for larger commercial and public works projects. Its commercial installations include installations at office buildings, manufacturing plants, warehouses, service stations, churches, and agricultural facilities such as farms, wineries, and dairies. Its public works installations include school districts, federal facilities and local municipalities.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202312/31/2022YesYes--Yes

Industries
SIC Code Description
1731 Electrical work
1796 Installation or erection of building equipment, not elsewhere classified
3674 Semiconductors and related devices
3433 Heating equipment, except electric and warm air furnaces
8711 Engineering services
5063 Electrical apparatus and equipment, wiring supplies, and construction

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Director MarkTrout 59 10/16/2023 7/10/2023
Independent Director Patrick C.Mccullough 51 12/1/2021 12/1/2021
Independent Director Rhone A.Resch 56 11/1/2016 11/1/2016
Independent Director Stanley E.Speer 62 5/14/2018 5/14/2018

Subsidiaries
Business Name Address City State/Province Country
Commercial Solar Energy Inc. 2270 Douglas Boulevard Roseville CA United States
Solcius LLC 1555 Freedom Boulevard Provo UT United States
Sunworks United Inc. 1555 Freedom Boulevard Provo UT United States

Business Names
Business Name
Commercial Solar Energy Inc
Elite Solar
MACHINE TALKER INC
39 additional Business Names available in full report.

General Information
Number of Employees: 622 (As of 12/31/2022)
Outstanding Shares: 56,784,147 (As of 11/13/2023)
Shareholders: 125
Stock Exchange: OTC
Federal Tax Id: 010592299
Fax Number: (302) 636-5454
Email Address: info@solar3d.com


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Wednesday, November 20, 2024