SolarMax Technology, Inc. financial data

Symbol
SMXT on Nasdaq
Location
Riverside, CA
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 14 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 62% % -1.6%
Quick Ratio 4% % 7%
Debt-to-equity -401% % 47%
Return On Equity 65% % -84%
Return On Assets -21% % 66%
Operating Margin -13% % 88%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 54,302,950 shares 20%
Common Stock, Shares, Outstanding 54,302,950 shares 20%
Entity Public Float $107,315,062 USD
Common Stock, Value, Issued $55,565 USD 19%
Weighted Average Number of Shares Outstanding, Basic 52,711,070 shares 17%
Weighted Average Number of Shares Outstanding, Diluted 52,711,070 shares 17%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $50,849,961 USD 77%
Cost of Revenue $46,936,561 USD 92%
Selling and Marketing Expense $420,772 USD -28%
General and Administrative Expense $10,322,879 USD -63%
Operating Income (Loss) $6,828,364 USD 78%
Nonoperating Income (Expense) $1,496,614 USD -712%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $8,324,978 USD 73%
Income Tax Expense (Benefit) $1,031,740 USD -1007%
Net Income (Loss) Attributable to Parent $9,356,718 USD 70%
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 $5,720,283 USD 556%
Accounts Receivable, after Allowance for Credit Loss, Current $13,386,886 USD 192%
Inventory, Net $1,611,965 USD 6.4%
Assets, Current $42,058,853 USD 74%
Deferred Income Tax Assets, Net $73,032 USD
Property, Plant and Equipment, Net $151,928 USD -31%
Operating Lease, Right-of-Use Asset $2,032,558 USD -43%
Goodwill $0 USD
Other Assets, Noncurrent $1,029,256 USD 11%
Assets $58,663,000 USD 36%
Accounts Payable, Current $26,066,714 USD 850%
Liabilities, Current $57,500,890 USD 52%
Deferred Income Tax Liabilities, Net $1,620,495 USD
Operating Lease, Liability, Noncurrent $437,737 USD -79%
Other Liabilities, Noncurrent $2,015,448 USD -15%
Liabilities $70,442,570 USD 30%
Accumulated Other Comprehensive Income (Loss), Net of Tax $1,437,048 USD -4%
Retained Earnings (Accumulated Deficit) $109,039,428 USD -9.4%
Stockholders' Equity Attributable to Parent $11,779,570 USD -7.7%
Liabilities and Equity $58,663,000 USD 36%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $601,134 USD 91%
Net Cash Provided by (Used in) Financing Activities $376,549 USD -98%
Net Cash Provided by (Used in) Investing Activities $93,417 USD
Common Stock, Shares Authorized 297,225,000 shares 0%
Common Stock, Shares, Issued 55,564,445 shares 19%
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 $189,158 USD -108%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $5,999,739 USD 421%
Interest Paid, Excluding Capitalized Interest, Operating Activities $392,047 USD -27%
Deferred Tax Assets, Valuation Allowance $25,132,983 USD 42%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross $27,348,626 USD 22%
Operating Lease, Liability $2,120,365 USD -42%
Depreciation $65,000 USD 0%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $9,411,893 USD 69%
Lessee, Operating Lease, Liability, to be Paid $3,919,129 USD
Property, Plant and Equipment, Gross $5,658,373 USD -6.7%
Operating Lease, Liability, Current $1,682,628 USD 9.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two $1,768,488 USD
Lessee, Operating Lease, Liability, to be Paid, Year One $1,768,488 USD 2.5%
Deferred Income Tax Expense (Benefit) $69,633 USD -5708%
Deferred Tax Assets, Operating Loss Carryforwards $16,836,965 USD 16%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) $799,994 USD -1007%
Preferred Stock, Shares Authorized 15,000,000 shares 0%
Unrecognized Tax Benefits $2,137,790 USD 0%
Additional Paid in Capital $100,620,635 USD 9.5%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance $2,215,643 USD -53%
Share-based Payment Arrangement, Expense $17,210,288 USD
Interest Expense $355,850 USD -11%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%