SolarMax Technology, Inc. financial data

Symbol
SMXT on Nasdaq
Industry
Construction - Special Trade Contractors
Location
3080 12 Th Street, Riverside, CA
State of incorporation
NV
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 67.5 %
Quick Ratio 3.91 %
Debt-to-equity -737 %
Return On Equity 475 %
Return On Assets -74.6 %
Operating Margin -144 % -16213%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45.8M shares +1.29%
Common Stock, Shares, Outstanding 45.3M shares +13.9%
Entity Public Float 107M USD
Common Stock, Value, Issued 46.5K USD +13.5%
Weighted Average Number of Shares Outstanding, Basic 45.2M shares +13.7%
Weighted Average Number of Shares Outstanding, Diluted 45.2M shares +12.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 23M USD -57.5%
Cost of Revenue 20.7M USD -51.9%
Selling and Marketing Expense 517K USD -55.3%
General and Administrative Expense 27.4M USD +189%
Operating Income (Loss) -33.1M USD -6942%
Nonoperating Income (Expense) -195K USD -72.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -33.3M USD -9085%
Income Tax Expense (Benefit) 1.66M USD
Net Income (Loss) Attributable to Parent -35M USD -8141%
Earnings Per Share, Basic -0.21 USD/shares -625%
Earnings Per Share, Diluted -0.21 USD/shares -625%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 786K USD -69%
Accounts Receivable, after Allowance for Credit Loss, Current 4.23M USD +1.32%
Inventory, Net 1.3M USD -2.9%
Assets, Current 20.9M USD +5.16%
Deferred Income Tax Assets, Net 73K USD
Property, Plant and Equipment, Net 201K USD -31.1%
Operating Lease, Right-of-Use Asset 3.18M USD -41.3%
Goodwill 0 USD -100%
Other Assets, Noncurrent 926K USD +5.19%
Assets 38.6M USD -20.6%
Accounts Payable, Current 2.67M USD -21.2%
Liabilities, Current 34.7M USD -20%
Deferred Income Tax Liabilities, Net 1.62M USD
Operating Lease, Liability, Noncurrent 1.71M USD -58%
Other Liabilities, Noncurrent 2.11M USD -24.6%
Liabilities 53.7M USD -16.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.45M USD -13%
Retained Earnings (Accumulated Deficit) -104M USD -50.9%
Stockholders' Equity Attributable to Parent -15.1M USD +5.09%
Liabilities and Equity 38.6M USD -20.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -6.4M USD -371%
Net Cash Provided by (Used in) Financing Activities 15.6M USD +664%
Net Cash Provided by (Used in) Investing Activities -6.99M USD -31603%
Common Stock, Shares Authorized 297M shares 0%
Common Stock, Shares, Issued 46.5M shares +13.5%
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 2.39M USD -45.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.06M USD -63.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 540K USD +54.7%
Deferred Tax Assets, Valuation Allowance 25.1M USD +42.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure
Deferred Tax Assets, Gross 27.3M USD +22%
Operating Lease, Liability 3.28M USD
Depreciation 82K USD -43.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -35.1M USD -11087%
Lessee, Operating Lease, Liability, to be Paid 3.92M USD
Property, Plant and Equipment, Gross 6.05M USD -5.1%
Operating Lease, Liability, Current 1.57M USD +4.91%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.77M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.77M USD
Deferred Income Tax Expense (Benefit) -1.2K USD +99.4%
Deferred Tax Assets, Operating Loss Carryforwards 16.8M USD +16%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 15M shares 0%
Unrecognized Tax Benefits 2.14M USD 0%
Additional Paid in Capital 91.9M USD +64.7%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 2.22M USD -53.4%
Share-based Payment Arrangement, Expense 17.2M USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%