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 - Q3 2025 - 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%