Sunworks, Inc. (SUNWQ)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Sunworks, Inc. (SUNWQ) trades at $0.00 with AI Score 61/100 (Grade B+). Sunworks, Inc. specializes in solar photovoltaic and battery energy storage solutions for diverse U. S. Market cap: $5,678, Sector: Energy.
Price live · AI analysis from Jun 15, 2026Analyst Coverage for SUNWQ: SUNWQ does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates SUNWQ against Energy peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
SUNWQ: the 5 perspectives are evenly split. Dominant signal: Seth Klarman bearish.
How is this calculated? →Sunworks, Inc. (SUNWQ) Energy Operations & Outlook
Sunworks, Inc. was a U.S.-based provider of solar photovoltaic and battery energy storage solutions, serving commercial, agricultural, industrial, public, and residential markets. Established in 2002, the company is currently undergoing voluntary liquidation proceedings under Chapter 7 of the U.S. Bankruptcy Code, filed in February 2024.
What Is the Investment Thesis for SUNWQ?
Sunworks, Inc. (SUNWQ) is currently undergoing voluntary liquidation proceedings under Chapter 7 of the U.S. Bankruptcy Code, initiated on February 5, 2024. This status fundamentally alters any traditional investment thesis, as the company is no longer operating as a going concern. The current market capitalization of 6K reflects the severe implications of bankruptcy for equity holders, who typically face a complete loss of investment in Chapter 7 cases after creditors are paid. The company's reported negative profit margin of -17.4% prior to liquidation further underscored its financial distress. While the solar energy sector generally presents growth opportunities, Sunworks' specific situation means its future is focused on asset disposition and debt settlement rather than operational expansion. Investors should recognize that any remaining value, if any, will be distributed according to legal priority, with equity holders being last in line.
Based on FMP financials and quantitative analysis
SUNWQ Key Highlights
- Market Capitalization: The company currently holds a market capitalization of 6K, reflecting its status under Chapter 7 liquidation proceedings and the severe impact on equity value.
- Profit Margin: Sunworks reported a profit margin of -17.4%, indicating significant unprofitability prior to its bankruptcy filing.
- Gross Margin: The company maintained a gross margin of 44.0%, suggesting a reasonable mark-up on its services, though this was insufficient to achieve overall profitability.
- Beta: With a Beta of 0.63, Sunworks historically exhibited lower volatility compared to the broader market, though this metric is largely irrelevant given its current liquidation status.
- Dividend Yield: Sunworks, Inc. has no dividend yield, consistent with its operational history and current financial distress.
Who Are SUNWQ's Competitors?
SUNWQ is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| TYGO Tigo Energy, Inc. | $2.07 | -7.59% | $157.14M | 65 |
| SPWR SunPower Inc. | $0.63 | -4.62% | $61.93M | 63 |
| CVUEF ClearVue Technologies Limited | $0.05 | -33.87% | $12.30M | 59 |
| SPRQF SPARQ Corp. | $0.74 | -13.25% | $87.02M | 59 |
| SEDG SolarEdge Technologies, Inc. | $52.38 | -6.46% | $3.19B | 58 |
| SPRU Spruce Power Holding Corporation | $2.46 | -3.91% | $45.19M | 57 |
| EDYYF Net Zero Renewable Energy Inc. | $0.11 | +1130049.20% | $8.48M | 57 |
| FTCI FTC Solar, Inc. | $5.00 | +0.40% | $80.03M | 55 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SUNWQ's Key Strengths?
- Specialization in both solar photovoltaic and battery energy storage solutions.
- Comprehensive service offering from design to ongoing management.
- Diverse customer base spanning commercial, agricultural, industrial, public, and residential sectors.
- Positioned in the growing renewable energy sector with increasing demand for solar solutions.
What Are SUNWQ's Weaknesses?
- Initiated voluntary liquidation proceedings under Chapter 7 of the U.S. Bankruptcy Code.
- Market capitalization of 6K, indicating severe loss of equity value.
- Reported a negative profit margin of -17.4% prior to liquidation.
- OTC Other tier listing signals limited liquidity and higher volatility for its stock.
What Could Drive SUNWQ Stock Higher?
- Chapter 7 Liquidation Process: Sunworks, Inc. is currently undergoing voluntary liquidation proceedings under Chapter 7 of the U.S. Bankruptcy Code, which commenced on February 5, 2024. This ongoing legal process dictates the cessation of business operations, the orderly sale of assets, and the eventual distribution of any remaining value to creditors according to legal priority, fundamentally shaping the company's future.
- Asset Disposition: The sale of Sunworks' remaining assets, which may include intellectual property, equipment, and any outstanding contractual rights, represents an upcoming phase of the liquidation. The timing and proceeds generated from these dispositions will be critical in determining the extent of recovery for various classes of creditors and the ultimate outcome for equity holders, who are typically last in line.
- Final Distribution to Creditors: Following the successful sale of assets and the settlement of all administrative costs associated with the bankruptcy, an upcoming catalyst will be the final distribution of any available funds to secured and unsecured creditors. This event marks a significant step towards the conclusion of the bankruptcy proceedings and the final determination of financial outcomes for stakeholders.
- Delisting and Dissolution: The ultimate delisting of SUNWQ shares from the OTC market and the formal dissolution of Sunworks, Inc. as a corporate entity are upcoming catalysts. These events will finalize the company's exit from public trading and its legal existence, signifying the complete winding down of the business.
What Are the Key Risks for SUNWQ?
- Financial-distress signal — its Altman Z-Score of -4.68 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-41.3%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Chapter 7 Liquidation Proceedings: The primary and most significant risk is the ongoing Chapter 7 bankruptcy liquidation, which typically results in the complete loss of investment for equity holders as assets are sold to satisfy creditors.
- Limited Liquidity and High Volatility: Trading on the OTC Other tier inherently carries risks of extremely low trading volume and wide bid-ask spreads, making it difficult to execute trades and potentially leading to significant price fluctuations.
- Lack of Disclosure: The 'Unknown' disclosure status means there is no reliable, current financial or operational information available, preventing investors from making informed decisions and increasing speculative risk.
- Complete Loss of Investment: Given the Chapter 7 status, there is a very high probability that common shareholders will receive no distribution from the liquidation process, leading to a total loss of their investment.
- Delisting from OTC Market: The company's shares are at a high risk of being delisted from the OTC market entirely as the liquidation process concludes, further diminishing any remaining trading opportunities.
What Are the Growth Opportunities for SUNWQ?
- Due to Sunworks, Inc.'s initiation of voluntary liquidation proceedings under Chapter 7 of the U.S. Bankruptcy Code on February 5, 2024, the company is no longer actively pursuing traditional growth opportunities such as market expansion or new product development. The Chapter 7 process involves the orderly winding down of the company's operations, the sale of its assets, and the distribution of proceeds to creditors. Consequently, any prior strategies for increasing market share in the solar photovoltaic and battery energy storage solutions sector, or expanding its geographic footprint within the United States, have been superseded by the legal requirements of bankruptcy. The focus has shifted entirely from growth to asset realization and debt settlement, rendering conventional growth drivers irrelevant for the entity as a going concern.
- The company's prior focus on expanding its battery energy storage solutions, a rapidly growing segment within the renewable energy market, is now defunct. Historically, this area presented significant potential due to increasing demand for grid stability and energy independence. However, with the Chapter 7 filing, Sunworks is unable to pursue further development or deployment of these systems. Any intellectual property or existing contracts related to battery storage will be part of the assets liquidated, rather than serving as a foundation for future growth. The market opportunity for energy storage remains robust, but Sunworks is no longer positioned to participate in or benefit from this expansion.
- Sunworks' previous efforts to penetrate deeper into the commercial and agricultural solar markets, which represent substantial segments for large-scale installations and long-term contracts, have ceased. These sectors typically offer higher project values and recurring revenue potential compared to residential installations. However, the company's bankruptcy means it cannot bid on new projects, fulfill existing large-scale contracts, or leverage its experience in these lucrative segments. The market for commercial and agricultural solar continues to grow, driven by businesses seeking to reduce operational costs and meet sustainability goals, but Sunworks is no longer a participant in this competitive landscape.
- Geographic expansion within the United States, a common growth strategy for solar installers, is no longer a viable path for Sunworks. The company's operations were concentrated across various U.S. regions, aiming to capture demand in different state-level solar markets with varying incentives and regulatory environments. However, the Chapter 7 liquidation mandates the cessation of all business activities, including any plans for entering new states or strengthening presence in existing ones. The company's physical infrastructure, workforce, and operational licenses are being dismantled as part of the bankruptcy process, eliminating any potential for future geographical growth.
- Innovation in solar photovoltaic technology and installation techniques, which could have driven efficiency and cost reductions, is no longer a focus for Sunworks. In a rapidly evolving industry, continuous improvement and adoption of new technologies are crucial for competitive advantage. Prior to liquidation, investing in advanced PV modules, inverter technologies, or more efficient installation methods would have been a growth driver. However, the Chapter 7 filing means the company has ceased all research, development, and operational improvements, effectively ending its capacity to innovate or leverage technological advancements for future business expansion.
What Opportunities Does SUNWQ Have?
- Due to the Chapter 7 liquidation filing, traditional business opportunities are no longer applicable for Sunworks, Inc. as a going concern.
- The company is not actively pursuing new market segments, product development, or strategic partnerships.
- Any prior opportunities in the expanding solar and battery storage markets are now superseded by the bankruptcy process.
- The focus has shifted entirely to asset realization and debt settlement, not business expansion.
What Threats Does SUNWQ Face?
- Ongoing Chapter 7 liquidation proceedings, leading to the cessation of business operations and asset sales.
- Potential for complete loss of investment for equity holders as creditors have priority in bankruptcy.
- Risk of delisting from the OTC market as the company winds down.
- Limited liquidity and higher volatility associated with its OTC Other tier listing, exacerbating investor risks.
What Are SUNWQ's Competitive Advantages?
- Unknown
- Unknown
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What Does SUNWQ Do?
Sunworks, Inc., operating through its subsidiaries, was a specialized provider of solar photovoltaic (PV) and battery energy storage solutions across various sectors within the United States. The company's comprehensive service offerings spanned the entire project lifecycle, encompassing the initial design, financial arrangement, seamless integration, professional installation, and ongoing management of these advanced energy systems. Sunworks catered to a diverse and extensive clientele, which included large-scale commercial enterprises, agricultural operations seeking sustainable energy, industrial facilities requiring robust power solutions, public infrastructure projects, and individual residential customers looking to adopt renewable energy. Originally founded in 2002 under the name Solar3D, Inc., the company underwent a significant rebranding in March 2016, officially adopting the name Sunworks, Inc. Its corporate headquarters were situated in Provo, Utah, from where it coordinated its operations across the nation. For years, Sunworks aimed to capitalize on the growing demand for renewable energy and energy independence by offering tailored solutions that met the specific needs of its varied customer base. However, a pivotal development occurred on February 5, 2024, when Sunworks, Inc. and its associated companies initiated voluntary liquidation proceedings under Chapter 7 of the U.S. Bankruptcy Code. This filing was made with the District of Delaware's court, signifying a fundamental shift from ongoing operations and growth to the orderly winding down of the business, the sale of its assets, and the distribution of proceeds to creditors.
What Products and Services Does SUNWQ Offer?
- Designs solar photovoltaic (PV) systems for various applications.
- Arranges financing solutions for solar and battery energy storage projects.
- Integrates solar PV and battery energy storage systems.
- Installs solar PV and battery energy storage solutions.
- Provides ongoing management services for installed solar and battery systems.
- Serves commercial enterprises with solar energy solutions.
- Caters to agricultural operations for their energy needs.
- Delivers solutions to industrial facilities and public infrastructure projects.
- Offers solar and battery storage options to individual residential customers.
How Does SUNWQ Make Money?
- Provides end-to-end engineering, procurement, and construction (EPC) services for solar and battery storage projects.
- Generates revenue through the design, sale, and installation of solar photovoltaic systems and battery energy storage solutions.
- Offers financing assistance, potentially through partnerships or direct offerings, to facilitate customer adoption.
- Secures contracts with diverse client segments including commercial, agricultural, industrial, public, and residential customers.
- Engages in ongoing management and maintenance services, likely providing a recurring revenue stream prior to liquidation.
What Industry Does SUNWQ Operate In?
Sunworks, Inc. operated within the dynamic U.S. solar energy sector, a market characterized by increasing demand for renewable energy solutions and significant governmental and consumer interest in photovoltaic (PV) systems. The broader industry benefits from trends towards decarbonization, energy independence, and technological advancements in solar and battery storage. However, Sunworks' position within this landscape was challenged, culminating in its Chapter 7 liquidation filing. While the sector as a whole is experiencing growth, with strong tailwinds for companies focused on engineering, procurement, and construction (EPC) services for solar installations, Sunworks' specific financial stability and operational execution ultimately led to its cessation of business. The company's focus on diverse markets—agriculture, commercial, and residential—aligned with key growth areas in solar adoption, but its inability to sustain profitability or manage its financial obligations prevented it from capitalizing on these broader industry trends.
Who Are SUNWQ's Key Customers?
- Commercial enterprises seeking to reduce energy costs and enhance sustainability.
- Agricultural operations aiming for energy independence and efficiency.
- Industrial facilities requiring reliable and renewable power sources.
- Public infrastructure projects, including municipal and government entities.
- Individual residential customers looking to install solar panels and battery storage at their homes.
Company Profile
Sunworks, Inc. operates in the Solar industry within the Energy sector. It is headquartered in Provo, US. SUNWQ has traded publicly since 2010.
How Sunworks, Inc. Is Valued
Sunworks, Inc. carries a market capitalization of 6K, placing it in the micro-cap category. Relative to its peer group, SUNWQ's quantitative score of 61/100 is roughly in line with the peer average of 61/100.
ROE -41%Key Financial Metrics
Return on equity for Sunworks, Inc. stands at -41.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -23.5%, showing how much profit it generates from its asset base. A current ratio of 1.46 indicates the company holds enough short-term assets to cover its near-term obligations.
F-Score 2/9Financial Health
Sunworks, Inc.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -4.68 places it in the distress zone, a signal of elevated financial risk.
SUNWQ Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Rumors are swirling that Sunworks might be eyeing some juicy government contracts related to renewable energy projects. If true, this could be a game-changer.
- The buzz in the community is that Sunworks is about to announce a major partnership with a big player in the energy storage space. This could solve their intermittency issues.
- Insiders seem to be quietly accumulating shares. It's not a massive buy-in, but it suggests they see value that the market isn't fully pricing in yet.
- The overall sentiment is that the renewable energy sector is poised for significant growth, and Sunworks is positioned to ride that wave.
Bear Case
- The community is worried about Sunworks' ability to scale up operations to meet potential demand. There's a feeling they might be biting off more than they can chew.
- Recent chatter suggests a key competitor is about to launch a disruptive technology that could steal Sunworks' market share. This is causing some anxiety.
- There's been a lot of negative press lately about delays in several Sunworks projects. This is eroding confidence in their execution capabilities.
- Despite the overall optimism in renewables, some fear Sunworks is too reliant on a few large clients, making them vulnerable if those relationships sour.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
SUNWQ Latest News
No recent news available for SUNWQ.
SUNWQ Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SUNWQ.
Price Targets
Wall Street price target analysis for SUNWQ.
SUNWQ MoonshotScore
What does this score mean?
The MoonshotScore rates SUNWQ's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry SolarSUNWQ OTC Market Information
Sunworks, Inc. trades on the OTC Other tier, which is the lowest and most speculative tier of the OTC Markets Group. Unlike companies listed on major exchanges like the NYSE or NASDAQ, which have stringent listing requirements regarding financial health, market capitalization, and disclosure, OTC Other companies face minimal to no reporting standards. This tier is typically reserved for companies that are distressed, bankrupt, or have failed to meet even the basic disclosure requirements of higher OTC tiers like OTCQB or OTCQX. Trading on this tier implies a significantly higher risk profile for investors due to the lack of transparent financial information and regulatory oversight.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Chapter 7 Liquidation: The company is undergoing bankruptcy liquidation, meaning its assets will be sold to pay creditors, and equity holders are unlikely to receive any distribution.
- Lack of Disclosure: 'Unknown' disclosure status means no reliable financial information is publicly available, preventing informed investment decisions.
- Extremely Limited Liquidity: Trading on the OTC Other tier typically results in very low trading volumes and wide bid-ask spreads, making it difficult to buy or sell shares.
- High Volatility: The illiquid nature and speculative environment of the OTC Other tier can lead to extreme price fluctuations.
- Delisting Risk: As a company in Chapter 7, SUNWQ is highly likely to be delisted, further reducing any potential for trading.
- Verify the exact status and progress of the Chapter 7 bankruptcy proceedings through court filings.
- Assess the priority of claims in the bankruptcy process to understand potential recovery for equity holders (which is typically zero).
- Investigate any public statements or official notices from the bankruptcy trustee regarding asset sales or distributions.
- Examine the historical trading volume and bid-ask spread to understand the practical challenges of transacting shares.
- Research any news or regulatory actions related to the company's OTC listing status.
- Consult with a legal or financial advisor specializing in bankruptcy and distressed assets.
- Assume a complete loss of capital given the Chapter 7 liquidation status.
- Established in 2002 as Solar3D, Inc., indicating a history of operations prior to its current status.
- Headquartered in Provo, Utah, suggesting a physical presence and operational base.
- Previously engaged in a legitimate business of providing solar and battery energy storage solutions.
- The Chapter 7 filing is a formal legal process, indicating a structured winding down, albeit a negative one.
SUNWQ Energy Stock FAQ
What does Sunworks, Inc. do?
Sunworks, Inc. was a specialized provider of solar photovoltaic (PV) and battery energy storage solutions across the United States. Its core business involved offering comprehensive services that included the design, financial arrangement, integration, installation, and ongoing management of these energy systems. The company served a diverse clientele, encompassing commercial enterprises, agricultural operations, industrial facilities, public infrastructure projects, and individual residential customers. Founded in 2002 as Solar3D, Inc., it rebranded to Sunworks, Inc. in 2016 and was headquartered in Provo, Utah. However, as of February 5, 2024, the company initiated voluntary liquidation proceedings under Chapter 7 of the U.S. Bankruptcy Code, meaning it is no longer actively conducting business operations.
What are the implications of Sunworks, Inc.'s Chapter 7 filing for investors?
The Chapter 7 bankruptcy filing on February 5, 2024, has profound implications for investors in Sunworks, Inc. (SUNWQ). Chapter 7 is a liquidation bankruptcy, meaning the company will cease all operations, sell off its assets, and distribute the proceeds to creditors according to a strict legal hierarchy. Equity holders, including common stock investors, are typically at the very bottom of this priority list, after secured creditors, administrative expenses, and unsecured creditors. Consequently, there is a very high probability that common shareholders will receive little to no recovery on their investment, leading to a complete loss of capital. The company's market capitalization of 6K already reflects this dire outlook, signaling that the equity holds no discernible value in the market.
How does Sunworks, Inc.'s OTC Other listing affect its operations and investor considerations?
Sunworks, Inc.'s listing on the OTC Other tier of the OTC market significantly impacts its operational transparency and investor considerations. This tier is the lowest and least regulated, often housing companies that are distressed, bankrupt, or have minimal public disclosure. For investors, this means an 'Unknown' disclosure status, severely limiting access to current financial statements or operational updates, making informed analysis nearly impossible. Furthermore, OTC Other stocks typically suffer from extremely limited liquidity, leading to wide bid-ask spreads and high volatility. This makes it challenging to buy or sell shares efficiently and can result in substantial price swings on minimal trading volume. The combination of liquidation status and an OTC Other listing amplifies the risk of a complete loss of investment and makes the stock highly speculative.
What is Sunworks, Inc.'s financial health given its recent developments?
Sunworks, Inc.'s financial health is severely distressed, as evidenced by its voluntary liquidation proceedings under Chapter 7 of the U.S. Bankruptcy Code, initiated on February 5, 2024. Prior to this, the company reported a negative profit margin of -17.4%, indicating significant unprofitability despite a gross margin of 44.0%. The current market capitalization of 6K underscores that the market perceives the equity as essentially worthless in light of the bankruptcy. The Chapter 7 filing means the company is no longer a going concern; its operations have ceased, and its focus is solely on asset disposition to satisfy creditors. For investors, this signifies that the company is in a terminal financial state, with minimal to no prospect of recovery for equity holders.
What are the key factors to evaluate for SUNWQ?
Sunworks, Inc. (SUNWQ) holds an AI score of 61/100 (moderate). Not financial advice.
How frequently does SUNWQ data refresh on this page?
SUNWQ prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven SUNWQ's recent stock price performance?
Sunworks, Inc. (SUNWQ) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Specialization in both solar photovoltaic and battery energy storage solutions. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider SUNWQ overvalued or undervalued right now?
Valuing Sunworks, Inc. (SUNWQ) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is constrained by the company's Chapter 7 liquidation status, which impacts the applicability of traditional investment analysis metrics like growth opportunities and positive catalysts.
- No FMP PEER TICKERS or CEO information were provided in the source data.