SolarMax Technology, Inc. financial data

Symbol
SMXT on Nasdaq
Location
3080 12 Th Street, Riverside, CA
Fiscal year end
December 31
Latest financial report
Nov 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 62 % -1.59%
Quick Ratio 3.97 % +7%
Debt-to-equity -401 % +46.8%
Return On Equity 64.7 % -84.2%
Return On Assets -21.5 % +65.7%
Operating Margin -13.4 % +87.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 54.3M shares +19.9%
Common Stock, Shares, Outstanding 54.3M shares +19.9%
Entity Public Float 107M USD
Common Stock, Value, Issued 55.6K USD +19.4%
Weighted Average Number of Shares Outstanding, Basic 52.7M shares +16.7%
Weighted Average Number of Shares Outstanding, Diluted 52.7M shares +16.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 50.8M USD +76.6%
Cost of Revenue 46.9M USD +91.9%
Selling and Marketing Expense 421K USD -28.2%
General and Administrative Expense 10.3M USD -62.7%
Operating Income (Loss) -6.83M USD +78.2%
Nonoperating Income (Expense) -1.5M USD -712%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -8.32M USD +73.4%
Income Tax Expense (Benefit) 1.03M USD -1007%
Net Income (Loss) Attributable to Parent -9.36M USD +69.8%
Earnings Per Share, Basic 0 USD/shares +81%
Earnings Per Share, Diluted 0 USD/shares +81%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.72M USD +556%
Accounts Receivable, after Allowance for Credit Loss, Current 13.4M USD +192%
Inventory, Net 1.61M USD +6.37%
Assets, Current 42.1M USD +74%
Deferred Income Tax Assets, Net 73K USD
Property, Plant and Equipment, Net 152K USD -31%
Operating Lease, Right-of-Use Asset 2.03M USD -42.7%
Goodwill 0 USD
Other Assets, Noncurrent 1.03M USD +11.3%
Assets 58.7M USD +36.3%
Accounts Payable, Current 26.1M USD +850%
Liabilities, Current 57.5M USD +52.4%
Deferred Income Tax Liabilities, Net 1.62M USD
Operating Lease, Liability, Noncurrent 438K USD -79.4%
Other Liabilities, Noncurrent 2.02M USD -14.5%
Liabilities 70.4M USD +30.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.44M USD -3.99%
Retained Earnings (Accumulated Deficit) -109M USD -9.39%
Stockholders' Equity Attributable to Parent -11.8M USD -7.7%
Liabilities and Equity 58.7M USD +36.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -601K USD +90.6%
Net Cash Provided by (Used in) Financing Activities 377K USD -97.6%
Net Cash Provided by (Used in) Investing Activities 93.4K USD
Common Stock, Shares Authorized 297M shares 0%
Common Stock, Shares, Issued 55.6M shares +19.4%
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 -189K USD -108%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 6M USD +421%
Interest Paid, Excluding Capitalized Interest, Operating Activities 392K USD -27.4%
Deferred Tax Assets, Valuation Allowance 25.1M USD +42.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 27.3M USD +22%
Operating Lease, Liability 2.12M USD -42%
Depreciation 65K USD 0%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -9.41M USD +69.4%
Lessee, Operating Lease, Liability, to be Paid 3.92M USD
Property, Plant and Equipment, Gross 5.66M USD -6.72%
Operating Lease, Liability, Current 1.68M USD +9.61%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.77M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.77M USD +2.49%
Deferred Income Tax Expense (Benefit) -69.6K USD -5708%
Deferred Tax Assets, Operating Loss Carryforwards 16.8M USD +16%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) -800K USD -1007%
Preferred Stock, Shares Authorized 15M shares 0%
Unrecognized Tax Benefits 2.14M USD 0%
Additional Paid in Capital 101M USD +9.5%
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
Interest Expense 356K USD -10.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%