SolarMax Technology, Inc. financial data

Symbol
SMXT on Nasdaq
Industry
Construction - Special Trade Contractors
Location
3080 12 Th Street, Riverside, CA
State of incorporation
Nevada
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45M shares
Common Stock, Shares, Outstanding 45M shares
Entity Public Float 0 USD
Common Stock, Value, Issued 46.3K USD
Weighted Average Number of Shares Outstanding, Basic 41.5M shares +4.34%
Weighted Average Number of Shares Outstanding, Diluted 41.5M shares -6.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 4.45M USD -69.8%
Cost of Revenue 3.87M USD -69.5%
Selling and Marketing Expense 86.9K USD -79%
General and Administrative Expense 2.9M USD +12.5%
Operating Income (Loss) -2.4M USD -163%
Nonoperating Income (Expense) 120K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.28M USD -66.7%
Income Tax Expense (Benefit) -115K USD -123%
Net Income (Loss) Attributable to Parent -2.16M USD -16.5%
Earnings Per Share, Basic -0.46 USD/shares -2400%
Earnings Per Share, Diluted -0.46 USD/shares -2400%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.36M USD -53.3%
Accounts Receivable, after Allowance for Credit Loss, Current 4.42M USD
Inventory, Net 1.56M USD
Assets, Current 24.7M USD
Deferred Income Tax Assets, Net 187K USD
Property, Plant and Equipment, Net 244K USD
Operating Lease, Right-of-Use Asset 3.91M USD
Goodwill 7.38M USD
Other Assets, Noncurrent 909K USD
Assets 51.1M USD
Accounts Payable, Current 2.11M USD
Liabilities, Current 34.9M USD
Operating Lease, Liability, Noncurrent 2.51M USD
Other Liabilities, Noncurrent 2.47M USD
Liabilities 53.9M USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.56M USD
Retained Earnings (Accumulated Deficit) -90.1M USD
Stockholders' Equity Attributable to Parent -2.81M USD +84.1%
Liabilities and Equity 51.1M 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 46.3M 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 1.67M USD -58.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 540K USD +54.7%
Deferred Tax Assets, Valuation Allowance 17.7M USD -3.81%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 19.4M USD -5.09%
Depreciation 25K USD -49%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -2.23M USD +10.1%
Property, Plant and Equipment, Gross 6.25M USD
Operating Lease, Liability, Current 1.5M USD
Deferred Income Tax Expense (Benefit) -1.2K USD +99.4%
Deferred Tax Assets, Operating Loss Carryforwards 14.5M USD -2.77%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 15M shares
Additional Paid in Capital 90.6M USD
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 1.7M USD -16.6%
Share-based Payment Arrangement, Expense 17.2M USD
Operating Leases, Future Minimum Payments Due 6.4M USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares