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-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 63 %
Quick Ratio 3.72 %
Debt-to-equity -753 %
Return On Equity 410 %
Return On Assets -62.7 %
Operating Margin -109 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45.3M shares
Common Stock, Shares, Outstanding 45.3M shares
Entity Public Float 0 USD
Common Stock, Value, Issued 46.5K USD
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 28.8M USD -55.6%
Cost of Revenue 24.5M USD -50.4%
Selling and Marketing Expense 586K USD -53.3%
General and Administrative Expense 27.6M USD +30.1%
Operating Income (Loss) -31.4M USD -1189%
Nonoperating Income (Expense) -6.79K USD +14.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -31.2M USD -822%
Income Tax Expense (Benefit) -266K USD
Net Income (Loss) Attributable to Parent -31M USD -757%
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 871K USD -73.5%
Accounts Receivable, after Allowance for Credit Loss, Current 4.59M USD
Inventory, Net 1.52M USD
Assets, Current 24.2M USD
Deferred Income Tax Assets, Net 73K USD
Property, Plant and Equipment, Net 220K USD
Operating Lease, Right-of-Use Asset 3.55M USD
Goodwill 0 USD
Other Assets, Noncurrent 924K USD
Assets 43M USD
Accounts Payable, Current 2.75M USD
Liabilities, Current 37.7M USD
Operating Lease, Liability, Noncurrent 2.12M USD
Other Liabilities, Noncurrent 2.36M USD
Liabilities 54M USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.38M USD
Retained Earnings (Accumulated Deficit) -99.7M USD
Stockholders' Equity Attributable to Parent -10.9M USD +32.9%
Liabilities and Equity 43M USD

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
Common Stock, Shares, Issued 46.5M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
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 1.15M USD -72.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 540K USD +54.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Operating Lease, Liability 3.66M USD
Depreciation 101K USD -63.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -30.7M USD -764%
Lessee, Operating Lease, Liability, to be Paid 3.92M USD
Property, Plant and Equipment, Gross 6.07M USD
Operating Lease, Liability, Current 1.54M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.77M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.73M USD
Deferred Income Tax Expense (Benefit) -1.2K USD +99.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 15M shares
Additional Paid in Capital 91.9M USD
Preferred Stock, Shares Outstanding 0 shares
Share-based Payment Arrangement, Expense 17.2M USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares