Company research
SolarMax Technology, Inc.
CIK 1519472Updated Nov 15, 2026
SecuritySMXT · NASDAQ · equity
SMXT price & chart
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NASDAQ:SMXT on TradingView ↗About the company
SolarMax, based in California and founded in 2008, is a leader within the solar and renewable energy sector focused on making sustainable energy both accessible and affordable. SolarMax has established a strong presence in southern California and, commencing in the third quarter of 2025, expanded its operations to include EPC services for EPC projects. SolarMax is looking to generate growth with strategic initiatives that aim to scale commercial solar development services and provide EPC services for industrial projects and LED lighting solutions in the US while expanding its residential solar operations. For more information, visit www.solarmaxtech.com.
In the news
SolarMax Technology Receives Nasdaq Notice Regarding Delayed Form 10-Q Filing ↗
Seeking Alpha
SolarMax Technology GAAP EPS of -$0.98, revenue of $10.2M ↗
SolarMax Technology receives Nasdaq notice ↗
SolarMax announces 1-for-12 reverse stock split to pursue Nasdaq minimum bid compliance ↗
SEC disclosures
SolarMax Technology, Inc. files 8-K: Material Event ↗
Recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Items 3.01, 9.01
NT 10-Q filing
Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 3.03, 5.03, 9.01
Show 5 more recent filings
Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 3.03, 5.03, 9.01
Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 3.03, 5.03, 9.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Items 3.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
Results of Operations and Financial Condition
Items 2.02, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 58,663,000Source | 43,045,571Source | 110,506,673Source | 38,243,989Source | 51,092,027Source | 106,193,906Source | 38,591,425Source | 54,692,062Source | 91,287,054Source | 38,629,891Source | 48,655,201Source | 61,478,228Source |
| Property, Plant and Equipment, NetUSD | 151,928Source | 220,139Source | 114,349Source | 164,980Source | 243,871Source | 125,842Source | 181,947Source | 267,441Source | 138,890Source | 200,889Source | 291,416Source | 444,173Source |
| GoodwillUSD | 0Source | 0Source | — | 0Source | 7,380,885Source | — | 0Source | 7,428,019Source | 0Source | 0Source | 7,584,779Source | 7,774,472Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 5,720,283Source | 871,415Source | 2,158,233Source | 1,915,639Source | 1,359,990Source | 4,307,362Source | 596,251Source | 4,929,781Source | 7,966,797Source | 786,333Source | 2,539,312Source | 3,821,952Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 13,386,886Source | 4,591,478Source | 17,759,110Source | 3,454,987Source | 4,423,600Source | 12,283,110Source | 4,282,434Source | 3,980,353Source | 12,939,589Source | 4,231,575Source | 4,176,322Source | 5,933,477Source |
| Inventory, NetUSD | 1,611,965Source | 1,515,391Source | 1,617,269Source | 1,586,494Source | 1,557,419Source | 1,717,939Source | 2,296,891Source | 1,248,447Source | 2,061,558Source | 1,302,568Source | 1,341,397Source | 3,404,902Source |
| Assets, CurrentUSD | 42,058,853Source | 24,169,234Source | 48,312,427Source | 21,541,998Source | 24,696,533Source | 80,456,273Source | 21,552,478Source | 27,266,404Source | 75,349,113Source | 20,949,859Source | 19,921,585Source | 29,085,845Source |
| Prepaid Expense and Other Assets, CurrentUSD | 728,818Source | 808,138Source | 651,264Source | 1,121,244Source | 1,123,044Source | 619,849Source | 883,000Source | — | 949,803Source | 626,820Source | — | — |
| Operating Lease, Right-of-Use AssetUSD | 2,032,558Source | 3,549,681Source | 11,504,826Source | 2,420,513Source | 3,914,962Source | 11,800,881Source | 2,802,624Source | 4,274,921Source | 1,638,649Source | 3,178,978Source | 5,411,820Source | 6,884,362Source |
| Other Assets, NoncurrentUSD | 1,029,256Source | 924,364Source | 923,515Source | 917,591Source | 908,845Source | 880,524Source | 915,212Source | 910,502Source | 909,209Source | 926,347Source | 880,621Source | 937,185Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 70,442,570Source | 53,983,195Source | 126,604,808Source | 53,350,589Source | 53,906,066Source | 117,601,882Source | 54,465,830Source | 55,277,300Source | 103,497,152Source | 53,708,833Source | 64,543,029Source | 77,685,777Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 55,565Source | 46,532Source | 4,847Source | 49,852Source | 46,268Source | 58,168Source | 47,094Source | 46,231Source | 56,168Source | 46,532Source | 40,984Source | 40,984Source |
| Additional Paid in CapitalUSD | 100,620,635Source | 91,889,316Source | 102,189,887Source | 95,049,950Source | 90,563,684Source | 102,136,566Source | 92,388,755Source | 90,563,721Source | 101,042,566Source | 91,889,317Source | 55,786,634Source | 55,786,634Source |
| Retained Earnings (Accumulated Deficit)USD | -109,039,428Source | -99,682,710Source | -114,874,056Source | -106,781,324Source | -90,059,980Source | -110,218,357Source | -104,882,547Source | -87,895,756Source | -109,911,673Source | -103,586,305Source | -68,623,969Source | -69,058,755Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,437,048Source | -1,381,873Source | -1,439,519Source | -1,445,784Source | -1,555,122Source | -1,405,059Source | -1,448,413Source | -1,490,545Source | -1,417,865Source | -1,449,192Source | -1,282,588Source | -1,167,523Source |
| Stockholders' Equity Attributable to ParentUSD | -11,779,570Source | -10,937,624Source | -16,098,135Source | -15,106,600Source | -2,814,039Source | -11,407,976Source | -15,874,405Source | -585,238Source | -12,210,098Source | -15,078,942Source | -15,887,828Source | -16,207,549Source |
| Liabilities and EquityUSD | 58,663,000Source | 43,045,571Source | 110,506,673Source | 38,243,989Source | 51,092,027Source | 106,193,906Source | 38,591,425Source | 54,692,062Source | 91,287,054Source | 38,629,891Source | 48,655,201Source | 61,478,228Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 57,500,890Source | 37,720,021Source | 49,505,997Source | 39,798,352Source | 34,880,250Source | 98,018,140Source | 39,020,362Source | 36,393,429Source | 95,710,719Source | 34,740,022Source | 42,042,646Source | 46,512,666Source |
| Operating Lease, Liability, CurrentUSD | 1,682,628Source | 1,535,127Source | 1,022,681Source | 1,644,889Source | 1,499,950Source | 1,023,325Source | 1,607,711Source | 1,465,296Source | 1,712,329Source | 1,571,084Source | 1,497,555Source | 1,523,106Source |
| Accounts Payable, CurrentUSD | 26,066,714Source | 2,745,255Source | 8,652,834Source | 3,909,408Source | 2,112,322Source | 60,968,271Source | 3,946,419Source | 2,042,203Source | 59,565,812Source | 2,665,721Source | 3,384,195Source | 2,231,432Source |
| Operating Lease, Liability, NoncurrentUSD | 437,737Source | 2,120,365Source | 10,629,549Source | 868,974Source | 2,513,863Source | 10,874,080Source | 1,293,806Source | 2,901,516Source | 0Source | 1,712,330Source | 4,078,569Source | 5,469,703Source |
| Deferred Income Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | — | 1,620,495Source | — | — |
| Other Liabilities, NoncurrentUSD | 2,015,448Source | 2,358,053Source | 2,103,498Source | 1,654,261Source | 2,467,357Source | 2,164,092Source | 2,029,501Source | 2,619,138Source | 2,194,744Source | 2,105,538Source | 2,793,388Source | 3,548,921Source |
| Additional Financial Items | ||||||||||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | — | 9,400,000Source | — | — | — | — | 4,286Source | — | 6,800,000Source | 4,598Source | 1,185,046Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 3,164,715Source | — | — | — |
| Short-term InvestmentsUSD | — | 7,712,877Source | — | — | 7,688,222Source | — | 6,247,506Source | 7,000,000Source | — | 6,337,574Source | — | — |
| Commitments and Contingencies | — | — | — | — | — | — | — | —Source | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | -1,296,242Source | -6,325,368Source | -34,962,336Source | 434,786Source | -6,873,278Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation and amortization | — | — | — | — | — | — | —Source | —Source | —Source | —Source | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | — | 0Source | 520,721Source | 18,536,183Source | — | — |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | -657,382Source | 43,997Source | 8,695,297Source | 214,474Source | 1,536,755Source | -3,095,068Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | -343,619Source | 1,008,572Source | 832,691Source | 7,101Source | 1,952,642Source | -119,384Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | 1,402,459Source | 1,280,776Source | 56,900,091Source | -718,474Source | — | — |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | -31,452Source | -69,633Source | -1,400,381Source | 1,831,735Source | -84,194Source | -92,740Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -4,187,144Source | -601,134Source | 498,049Source | -9,130,110Source | 3,814,900Source | -1,971,571Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 548,438Source | 93,417Source | 5,838,748Source | -6,315,865Source | -6,550Source | -280,524Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | — | — | — | 0Source | 27,999Source | 83,466Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -7,699Source | 376,549Source | 1,148,341Source | 13,309,335Source | -5,045,623Source | -7,499,965Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -3,658,927Source | -189,158Source | 7,183,736Source | -1,830,739Source | -1,275,135Source | -9,233,323Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 5,999,739Source | 1,151,868Source | 2,439,231Source | 2,194,206Source | 4,587,886Source | 873,919Source | 8,246,813Source | 1,063,077Source | 2,893,816Source | 4,168,951Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 398,461Source | 392,047Source | 1,375,246Source | 1,355,835Source | 1,086,314Source | 1,628,570Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | 30,958Source | 14,230Source | 170,939Source | 158,795Source | 177,377Source | 4,520Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | — | — | — | -12,522Source | -57,990Source | -301,402Source | 305,901Source | -37,862Source | 518,737Source |
| Additional Financial Items | ||||||||||||
| Amortization of Debt Issuance Costs and DiscountsUSD | — | — | — | — | — | — | — | 32,009Source | 0Source | 198,418Source | 180,760Source | 171,775Source |
| Deferred Other Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | -1,400,381Source | 1,831,734Source | 608,783Source | -1,780,148Source |
| DepreciationUSD | — | — | 13,000Source | 16,000Source | 12,000Source | 17,000Source | 13,000Source | 19,000Source | 62,000Source | 82,000Source | 180,085Source | 277,932Source |
| Financing Interest ExpenseUSD | — | — | 69,850Source | 89,262Source | 36,514Source | 80,991Source | 53,739Source | 71,906Source | 282,116Source | 340,111Source | 562,055Source | 814,065Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | 9,000Source | 173,000Source | 35,000Source | 192,000Source | 13,000Source | 1,000Source | 31,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | — | — | — | — | — | — | — | -144Source | — | — | — |
| Gain (Loss) on Disposition of Other AssetsUSD | — | — | — | — | — | — | — | — | — | — | 4,200Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | — | 0Source | — | 12,068Source | -21,449Source | -80,290Source |
| Gain (Loss) on Termination of LeaseUSD | — | — | 0Source | 0Source | — | 0Source | — | 0Source | 0Source | 77,207Source | 4,212Source | 1,079,117Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | -662,266Source | 13,410Source | 13,411Source | -313,953Source | 40,231Source | 0Source | -976,219Source | 302,729Source | 26,821Source | 1,946,635Source |
| General and Administrative ExpenseUSD | — | — | 2,918,283Source | 3,680,853Source | 2,558,923Source | 2,302,564Source | 2,907,745Source | 2,495,563Source | 10,159,696Source | 27,439,177Source | 9,507,293Source | 14,370,085Source |
| GoodwillUSD | — | — | 0Source | 0Source | — | 0Source | — | 0Source | 0Source | 0Source | 7,584,779Source | 7,774,472Source |
| Goodwill, Impairment LossUSD | — | — | — | 7,463,775Source | — | — | — | — | 0Source | 7,461,888Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | -42,097Source | 144,006Source | -239,650Source | -14,260Source | 253,524Source | — | — | — |
| Income Tax Expense (Benefit)USD | — | — | -515,511Source | 56,811Source | -26,039Source | -106,217Source | -6,321Source | -63,634Source | -1,134,575Source | 1,663,830Source | -64,194Source | 41,432Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -2,258,104Source | -9,622,730Source | -4,655,699Source | -1,898,777Source | -306,684Source | -1,296,242Source | -6,325,368Source | -34,962,336Source | 434,786Source | -6,873,278Source |
| Nonoperating Income (Expense)USD | — | — | -665,383Source | 461,387Source | -223,022Source | -236,300Source | -409,201Source | -204,372Source | -1,163,670Source | -194,958Source | -113,259Source | 1,137,966Source |
| Operating ExpensesUSD | — | — | 3,064,440Source | 11,284,645Source | 6,872,591Source | 2,373,255Source | 2,950,372Source | 2,574,575Source | 10,526,401Source | 35,418,123Source | 10,665,086Source | 15,451,349Source |
| Other Nonoperating Income (Expense)USD | — | — | 63,363Source | 387,235Source | 46,031Source | 69,620Source | 77,336Source | 59,086Source | 385,791Source | -144,504Source | 499,472Source | -616,117Source |
| Payments for Repurchase of WarrantsUSD | — | — | — | — | — | — | — | — | — | — | 4,928,323Source | 6,750,127Source |
| Payments of Financing CostsUSD | — | — | — | — | — | — | — | — | 0Source | — | — | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | 0Source | — | — | — |
| Provision for Loan, Lease, and Other LossesUSD | — | — | — | — | — | — | — | -2,623Source | 659,276Source | — | — | — |
| Operating Lease, Lease Income | — | — | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 30,602,588Source | 6,331,606Source | 10,243,612Source | 6,883,004Source | 14,830,617Source | 6,927,469Source | 90,982,535Source | 22,986,881Source | 54,139,330Source | 44,718,030Source |
| Cost of Goods and Services Sold | — | — | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source |
| Operating Income (Loss)USD | — | — | -2,108,232Source | -10,027,306Source | -4,458,716Source | -1,768,694Source | 96,196Source | -1,155,504Source | -6,296,273Source | -33,103,548Source | 483,851Source | -7,969,812Source |
| Other Nonoperating Income (Expense)USD | — | — | 63,363Source | 387,235Source | 46,031Source | 69,620Source | 77,336Source | 59,086Source | 385,791Source | -144,504Source | 499,472Source | -616,117Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | -2,773,615Source | -9,565,919Source | -4,681,738Source | -2,004,994Source | -313,005Source | -1,359,876Source | -7,459,943Source | -33,298,506Source | 370,592Source | -6,831,846Source |
| Income Tax Expense (Benefit)USD | — | — | -515,511Source | 56,811Source | -26,039Source | -106,217Source | -6,321Source | -63,634Source | -1,134,575Source | 1,663,830Source | -64,194Source | 41,432Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -2,258,104Source | -9,622,730Source | -4,655,699Source | -1,898,777Source | -306,684Source | -1,296,242Source | -6,325,368Source | -34,962,336Source | 434,786Source | -6,873,278Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.04Source | -0.21Source | -0.98Source | -0.5Source | -0.01Source | -0.03Source | -0.13Source | -0.79Source | 0.01Source | -0.17Source |
| Earnings Per Share, DilutedUSD per share | — | — | -0.04Source | -0.21Source | -0.98Source | -0.5Source | -0.01Source | -0.03Source | -0.13Source | -0.79Source | 0.01Source | -0.17Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 52,711,070Source | 45,160,314Source | — | 45,824,048Source | — | 44,417,782Source | — | 44,342,876Source | 39,735,536Source | 39,735,536Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 52,711,070Source | 45,160,314Source | 4,742,167Source | 3,818,671Source | 56,184,348Source | 44,417,782Source | 49,976,772Source | 44,342,876Source | 40,025,153Source | 39,735,536Source |
| Additional Financial Items | ||||||||||||
| Current Income Tax Expense (Benefit)USD | — | — | -515,511Source | 56,811Source | -26,039Source | -106,217Source | -6,321Source | -63,634Source | 265,806Source | -167,904Source | 20,000Source | 134,171Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | — | — | — | 13,069Source | 18,954Source | 61,929Source | 81,545Source | 180,670Source | 277,932Source |
| Financing Interest ExpenseUSD | — | — | 69,850Source | 89,262Source | 36,514Source | 80,991Source | 53,739Source | 71,906Source | 282,116Source | 340,111Source | 562,055Source | 814,065Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | 9,000Source | 173,000Source | 35,000Source | 192,000Source | 13,000Source | 1,000Source | 31,000Source | — | — | — |
| General and Administrative ExpenseUSD | — | — | 2,918,283Source | 3,680,853Source | 2,558,923Source | 2,302,564Source | 2,907,745Source | 2,495,563Source | 10,159,696Source | 27,439,177Source | 9,507,293Source | 14,370,085Source |
| Goodwill, Impairment LossUSD | — | — | — | 7,463,775Source | — | — | — | — | 0Source | 7,461,888Source | — | — |
| Gross ProfitUSD | — | — | 956,208Source | 1,257,339Source | 2,413,875Source | 604,561Source | 3,046,568Source | 1,419,071Source | 4,230,128Source | 2,314,575Source | 11,148,937Source | 7,481,537Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | -2,789,346Source | -2,219,024Source | -130,283Source | -2,024,052Source | 186,359Source | -1,218,828Source | -7,159,752Source | -25,131,654Source | -18,674Source | -5,876,207Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | -42,097Source | 144,006Source | -239,650Source | -14,260Source | 253,524Source | — | — | — |
| Interest ExpenseUSD | — | — | 355,850Source | 399,461Source | 248,922Source | 362,637Source | 298,065Source | 369,403Source | 1,366,205Source | — | — | — |
| Interest Income, OtherUSD | — | — | 120,067Source | 206,342Source | 8,555Source | 226,664Source | 10,947Source | 120,205Source | 539,439Source | 500,540Source | 68,853Source | 61,617Source |
| Marketing and Advertising ExpenseUSD | — | — | 146,000Source | 140,000Source | 50,000Source | 71,000Source | 43,000Source | 79,000Source | 367,000Source | 517,000Source | 1,157,793Source | 1,081,264Source |
| Net Investment IncomeUSD | — | — | — | — | — | — | -239,650Source | -14,260Source | 253,524Source | 634,802Source | 864,481Source | 493,648Source |
| Nonoperating Income (Expense)USD | — | — | -665,383Source | 461,387Source | -223,022Source | -236,300Source | -409,201Source | -204,372Source | -1,163,670Source | -194,958Source | -113,259Source | 1,137,966Source |
| Operating ExpensesUSD | — | — | 3,064,440Source | 11,284,645Source | 6,872,591Source | 2,373,255Source | 2,950,372Source | 2,574,575Source | 10,526,401Source | 35,418,123Source | 10,665,086Source | 15,451,349Source |
| Selling and Marketing ExpenseUSD | — | — | 146,157Source | 140,017Source | 49,566Source | 70,691Source | 42,627Source | 79,012Source | 366,705Source | 517,058Source | 1,157,793Source | 1,081,264Source |
| Operating Lease, Lease Income | — | — | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
| Other Cost of Operating Revenue | — | — | — | —Source | — | — | —Source | — | — | — | — | — |
Filing attachments
solarmax_ex991.htm · 8-K · 2026-10-09
EXHIBIT 99.1 SolarMax Technology Reports Second Quarter 2026 Financial Results RIVERSIDE, CA - October 8, 2026 (GLOBE NEWSWIRE) - SolarMax Technology, Inc. (Nasdaq SMXT) (“SolarMax” or the “Company”), an integrated solar energy company, reported financial results for the three months and the six months ended June 30, 2026. Second Quarter 2026 Financial Highlights Revenue: $10.2 million, up 49% from $6.9 million in the second quarter of 2025. Gross profit: $2.4 million, up 299% from $605,…
Read attachment ↗solarmax_ex991.htm · 8-K · 2026-08-21
EX-99.1 2 solarmax_ex991.htm PRESS RELEASE solarmax_ex991.htm EXHIBIT 99.1 SolarMax Technology Receives Nasdaq Notice Regarding Delayed Form 10-Q Filing RIVERSIDE, CA - August 21, 2026 (GLOBE NEWSWIRE) - SolarMax Technology, Inc. (Nasdaq SMXT) (“SolarMax” or the “Company”), an integrated solar energy company, today announced that it received a notice from The Nasdaq Stock Market (“Nasdaq”) on August 20, 2026, that the Company does not meet requirements for the continued listing of its com…
Read attachment ↗solarmax_ex991.htm · 8-K · 2026-08-11
EX-99.1 2 solarmax_ex991.htm PRESS RELEASE solarmax_ex991.htm EXHIBIT 99.1 SolarMax Technology Announces Reverse Stock Split to Support Effort to Regain Compliance with Nasdaq’s Minimum Bid Price Requirement RIVERSIDE, CA - August 11, 2026 (GLOBE NEWSWIRE) - SolarMax Technology, Inc. (Nasdaq SMXT) (“SolarMax” or the “Company”), an integrated solar energy company, today announced that it will effect a 1-for-12 reverse stock split (the “Reverse Stock Split”) of its common stock. The Reverse…
Read attachment ↗solarmax_ex991.htm · 8-K · 2026-05-18
EX-99.1 2 solarmax_ex991.htm PRESS RELEASE solarmax_ex991.htm EXHIBIT 99.1 SolarMax Technology Reports First Quarter 2026 Financial Results RIVERSIDE, CA - May 18, 2026 (GLOBE NEWSWIRE) - SolarMax Technology, Inc. (Nasdaq SMXT) (“SolarMax” or the “Company”), an integrated solar energy company, reported financial results for the three months ended March 31, 2026. First Quarter 2026 Financial Highlights Revenue: $14.8 million, up 114% from $6.9 million in the first quarter of 2025. Gr…
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