SolarMax Technology, Inc. financial data

Symbol
SMXT on Nasdaq
Location
3080 12 Th Street, Riverside, CA
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2025 - Aug 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 58.3 %
Quick Ratio 4.43 %
Debt-to-equity -378 %
Return On Equity 117 % -47.5%
Return On Assets -42.2 %
Operating Margin -55.5 % +0.14%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 54.3M shares +20.6%
Common Stock, Shares, Outstanding 48.6M shares +7.93%
Entity Public Float 107M USD
Common Stock, Value, Issued 49.9K USD +7.75%
Weighted Average Number of Shares Outstanding, Basic 45.8M shares +10.5%
Weighted Average Number of Shares Outstanding, Diluted 45.8M shares +10.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 26.6M USD -27.6%
Cost of Revenue 22.4M USD -24.5%
Selling and Marketing Expense 415K USD -44.4%
General and Administrative Expense 11.1M USD -58.6%
Operating Income (Loss) -14.7M USD +27.8%
Nonoperating Income (Expense) -370K USD -53%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -15.1M USD +25.7%
Income Tax Expense (Benefit) 1.6M USD +7.54%
Net Income (Loss) Attributable to Parent -16.7M USD +15.9%
Earnings Per Share, Basic 0 USD/shares +20%
Earnings Per Share, Diluted 0 USD/shares +20%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.92M USD +40.9%
Accounts Receivable, after Allowance for Credit Loss, Current 3.45M USD -21.9%
Inventory, Net 1.59M USD +1.87%
Assets, Current 21.5M USD -12.8%
Deferred Income Tax Assets, Net 73K USD
Property, Plant and Equipment, Net 165K USD -32.3%
Operating Lease, Right-of-Use Asset 2.42M USD -38.2%
Goodwill 0 USD -100%
Other Assets, Noncurrent 918K USD +0.96%
Assets 38.2M USD -25.1%
Accounts Payable, Current 3.91M USD +85.1%
Liabilities, Current 39.8M USD +14.1%
Deferred Income Tax Liabilities, Net 1.62M USD
Operating Lease, Liability, Noncurrent 869K USD -65.4%
Other Liabilities, Noncurrent 1.65M USD -33%
Liabilities 53.4M USD -1.03%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.45M USD +7.03%
Retained Earnings (Accumulated Deficit) -107M USD -18.6%
Stockholders' Equity Attributable to Parent -15.1M USD -437%
Liabilities and Equity 38.2M USD -25.1%

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 49.9M shares +7.75%
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 2.19M USD +31.1%
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 2.51M USD
Depreciation 68K USD -26.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -16.6M USD +16.4%
Lessee, Operating Lease, Liability, to be Paid 3.92M USD
Property, Plant and Equipment, Gross 6.06M USD -3.11%
Operating Lease, Liability, Current 1.64M USD +9.66%
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) -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) -106K USD +7.54%
Preferred Stock, Shares Authorized 15M shares 0%
Unrecognized Tax Benefits 2.14M USD 0%
Additional Paid in Capital 95M USD +4.95%
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 363K USD -5.78%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%