Security
MAXEON SOLAR TECHNOLOGIES LTD SHS NEW (Singapore) · MAXNQ
MAXNQOTCCommon stockHistorical · closed Oct 23, 2026CIK 1796898Updated Oct 27, 2026
Name history
Maxeon Solar Technologies, Ltd. · through Oct 2, 2026Maxeon Solar Technologies, Pte. Ltd. · through Jul 2, 2020
Current security for this SEC filerMAXNQ · OTC
MAXNQ price & chart
Historical security
This listing closed Oct 23, 2026. Live provider charts are shown only for current listings.
Current security: MAXNQ
In the news
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Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 376,272,000Source | 1,002,009,000Source | 1,056,543,000Source | 980,343,000Source |
| Property, Plant and Equipment | — | — | — | — |
| GoodwillUSD | 0Source | 7,879,000Source | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 28,895,000Source | 190,169,000Source | 166,542,000Source | 206,744,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 4,300,000Source | 62,700,000Source | 39,700,000Source | 76,700,000Source |
| Inventory, NetUSD | 40,220,000Source | 308,948,000Source | 212,820,000Source | 169,240,000Source |
| Assets, CurrentUSD | 266,016,000Source | 619,019,000Source | 533,120,000Source | 547,195,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 20,363,000Source | 55,812,000Source | 61,904,000Source | 49,470,000Source |
| Operating Lease, Right-of-Use AssetUSD | 27,951,000Source | 22,824,000Source | 15,397,000Source | 13,482,000Source |
| Other Assets, NoncurrentUSD | 8,924,000Source | 68,910,000Source | 115,077,000Source | 123,074,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 664,637,000Source | 997,367,000Source | 701,668,000Source | 541,056,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Additional Paid in CapitalUSD | 1,137,042,000Source | 811,361,000Source | 624,261,000Source | 451,474,000Source |
| Retained Earnings (Accumulated Deficit)USD | -1,410,392,000Source | -796,092,000Source | -262,961,000Source | -8,441,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -20,492,000Source | -16,378,000Source | -11,844,000Source | -10,391,000Source |
| Stockholders' Equity Attributable to ParentUSD | -293,842,000Source | -1,109,000Source | 349,456,000Source | 432,642,000Source |
| Liabilities and EquityUSD | 376,272,000Source | 1,002,009,000Source | 1,056,543,000Source | 980,343,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 338,508,000Source | 431,936,000Source | 421,036,000Source | 308,132,000Source |
| Operating Lease, Liability, CurrentUSD | 9,098,000Source | 5,857,000Source | 2,467,000Source | 2,464,000Source |
| Accounts Payable, CurrentUSD | 62,544,000Source | 153,020,000Source | 270,475,000Source | 159,184,000Source |
| Operating Lease, Liability, NoncurrentUSD | 27,434,000Source | 19,611,000Source | 13,464,000Source | 12,064,000Source |
| Deferred Income Tax Liabilities, NetUSD | 5,313,000Source | 7,001,000Source | 1,150,000Source | 0Source |
| Other Liabilities, NoncurrentUSD | 15,551,000Source | 38,494,000Source | 61,039,000Source | 51,752,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 5,477,000Source | 5,751,000Source | 5,419,000Source | 6,645,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 86,724,000Source | 113,456,000Source | 78,680,000Source | 77,307,000Source |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | -4,260,000Source | -4,513,000Source | -4,208,000Source | -3,365,000Source |
| Deferred Tax Liabilities, NetUSD | 5,314,000Source | 7,001,000Source | — | — |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -614,574,000Source | -275,711,000Source | -255,746,000Source | -141,012,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 43,464,000Source | 55,880,000Source | 42,210,000Source | 47,328,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 28,700,000Source | 18,327,000Source | 7,231,000Source | 7,250,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -42,558,000Source | 8,331,000Source | -38,268,000Source | -71,231,000Source |
| Increase (Decrease) in InventoriesUSD | -50,056,000Source | 43,473,000Source | 43,493,000Source | -25,212,000Source |
| Deferred Income Tax Expense (Benefit)USD | -355,000Source | 2,436,000Source | 4,155,000Source | -517,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -270,156,000Source | -254,295,000Source | -4,866,000Source | -189,162,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -25,243,000Source | 13,926,000Source | -154,448,000Source | -45,492,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 52,149,000Source | 67,452,000Source | 154,194,000Source | 27,689,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 0Source | 0Source | 4,245,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 141,233,000Source | 167,951,000Source | 141,808,000Source | 320,346,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -154,260,000Source | -72,450,000Source | -17,340,000Source | 85,769,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 31,008,000Source | 195,511,000Source | 192,232,000Source | 209,572,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 17,735,000Source | 30,941,000Source | 15,159,000Source | 3,443,000Source |
| Income Taxes Paid, NetUSD | 12,560,000Source | 15,210,000Source | 9,584,000Source | 12,486,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -94,000Source | -32,000Source | 166,000Source | 77,000Source |
| Additional Financial Items | ||||
| AmortizationUSD | 700,000Source | 200,000Source | 400,000Source | 5,000,000Source |
| Share-based Payment Arrangement, ExpenseUSD | 28,700,000Source | 18,326,000Source | 7,231,000Source | 7,250,000Source |
| DepreciationUSD | 42,100,000Source | 55,700,000Source | 41,800,000Source | — |
| Derivative, Gain (Loss) on Derivative, NetUSD | -500,000Source | -2,900,000Source | -3,400,000Source | 3,000,000Source |
| Equity Method Investment, Realized Gain (Loss) on DisposalUSD | 24,083,000Source | 0Source | 2,975,000Source | — |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | 0Source | 1,822,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -261,000Source | -196,000Source | -2,442,000Source | 641,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 34,744,000Source | 0Source | -5,075,000Source | — |
| GoodwillUSD | 0Source | 7,879,000Source | — | — |
| Goodwill, Impairment LossUSD | 7,879,000Source | 0Source | — | — |
| Impairment of Intangible Assets, Finite-livedUSD | 2,167,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 0Source | -2,811,000Source | -16,480,000Source | -3,198,000Source |
| Income Tax Expense (Benefit)USD | 17,952,000Source | -626,000Source | 203,000Source | 12,127,000Source |
| InterestExpenseNonoperatingUSD | 45,366,000Source | — | — | — |
| Inventory Write-downUSD | 158,726,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -614,300,000Source | — | -254,520,000Source | -142,631,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -274,000Source | 118,000Source | -1,226,000Source | 1,619,000Source |
| Nonoperating Income (Expense)USD | -19,982,000Source | -54,321,000Source | -66,616,000Source | 4,490,000Source |
| Operating ExpensesUSD | 327,227,000Source | 297,320,000Source | 143,433,000Source | 120,396,000Source |
| Operating Lease, Impairment LossUSD | 7,433,000Source | 708,000Source | — | — |
| Other Nonoperating Income (Expense)USD | -11,447,000Source | -21,270,000Source | -33,693,000Source | 36,349,000Source |
| Proceeds from Issuance of Common StockUSD | 96,446,000Source | 193,491,000Source | 169,684,000Source | 296,765,000Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Total RevenueUSD | 509,048,000Source | 1,123,110,000Source | 783,279,000Source | 844,836,000Source |
| Cost of Goods and Services Sold | —Source | —Source | —Source | —Source |
| Selling, General and Administrative ExpenseUSD | 173,523,000Source | 126,167,000Source | 88,822,000Source | 86,202,000Source |
| Operating Income (Loss)USD | -576,640,000Source | -219,205,000Source | -172,447,000Source | -130,177,000Source |
| Other Nonoperating Income (Expense)USD | -11,447,000Source | -21,270,000Source | -33,693,000Source | 36,349,000Source |
| Income Tax Expense (Benefit)USD | 17,952,000Source | -626,000Source | 203,000Source | 12,127,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -274,000Source | 118,000Source | -1,226,000Source | 1,619,000Source |
| Net Income (Loss) Attributable to ParentUSD | -614,300,000Source | — | -254,520,000Source | -142,631,000Source |
| Earnings Per Share, BasicUSD per share | -96Source | -5.95Source | -6.79Source | — |
| Earnings Per Share, DilutedUSD per share | -96Source | -5.95Source | -6.79Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 6,399,000Source | 46,387,000Source | 37,457,000Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 6,399,000Source | 46,387,000Source | 37,457,000Source | — |
| Interest Expense (non-operating)USD | 45,366,000Source | — | — | — |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | 18,307,000Source | -3,062,000Source | -3,952,000Source | 12,644,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | 0Source | 1,822,000Source |
| Goodwill, Impairment LossUSD | 7,879,000Source | 0Source | — | — |
| Gross ProfitUSD | -249,413,000Source | 78,115,000Source | -29,014,000Source | -9,781,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 0Source | -2,811,000Source | -16,480,000Source | -3,198,000Source |
| Interest ExpenseUSD | — | 42,438,000Source | 27,848,000Source | 31,859,000Source |
| Interest Expense, DebtUSD | — | — | 2,600,000Source | 1,700,000Source |
| Nonoperating Income (Expense)USD | -19,982,000Source | -54,321,000Source | -66,616,000Source | 4,490,000Source |
| Operating ExpensesUSD | 327,227,000Source | 297,320,000Source | 143,433,000Source | 120,396,000Source |
| Research and Development ExpenseUSD | 37,550,000Source | 45,703,000Source | 46,527,000Source | 34,194,000Source |
Filing attachments
maxn-ex99_1.htm · 6-K · 2026-05-29
Certain schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company agrees to furnish supplementally a copy of any omitted schedule or exhibit to the SEC upon request. Certain terms have been omitted pursuant to Regulation S-K Item 601(a)(6). The Company agrees to furnish supplementally a copy of any of the terms to the SEC upon request. THIS AGREEMENT is made on 22 May 2026. IP LICENSE AGREEMENT This IP License Agreement (the “Agreement”) is entered in…
Read attachment ↗maxn-ex99_1.htm · 6-K · 2026-04-01
Exhibit 99.1 Termination Agreement This termination agreement (this “Agreement”) has been entered into as of March 26, 2026 (“Effective Date”): BETWEEN: (1) ZHONGHUAN HONG KONG HOLDING LIMITED (Company Registration Number: 60564466), a company duly incorporated and validly existing under the laws of Hong Kong whose registered office is at 6/F MANULIFE PLACE, 348 KWUN TONG ROAD, KL, HONG KONG ("TZE”); (2) MAXEON SOLAR PTE. LTD. (Company Registration Number: 202010491K), a company duly incorp…
Read attachment ↗maxn-ex99_2.htm · 6-K · 2026-04-01
Exhibit 99.2 TERMINATION AGREEMENT RE PROCUREMENT AGENCY AGREEMENT BETWEEN MAXEON SOLAR TECHNOLOGIES, LTD. AND LUMETECH PTE. LTD. Dated March 26, 2026 Exhibit 99.2 This TERMINATION AGREEMENT RE PROCUREMENT AGENCY AGREEMENT (this “Agreement”) is entered into on March 26, 2026 (the “Execution Date”) by and between: (1) MAXEON SOLAR TECHNOLOGIES, LTD. (Company Registration No. 201934268H), a company incorporated in Singapore and having its registered office at 8 Marina Boulevard, #05-02, …
Read attachment ↗maxn-ex99_1.htm · 6-K · 2026-02-13
Exhibit 99.1 SUPPLEMENTARY AgreemenT This SUPPLEMENTARY AGREEMENT (this “Supplementary Agreement”) is entered into as of 6 February 2026 by and between the following parties: (1) SUNPOWER TECHNOLOGY LTD. (Registration No.: 125925), an exempted company incorporated in the Cayman Islands and having its registered office at One Nexus Way, Camana Bay, George Town, Grand Cayman, KY1-9005, Cayman Islands (“Vendor”); and (2) MFS TECHNOLOGY (S) PTE LTD (Registration No.: 198803689D), a company inc…
Read attachment ↗maxn-ex99_2.htm · 6-K · 2026-02-13
Exhibit 99.2 SECOND SUPPLEMENTARY AgreemenT This SECOND SUPPLEMENTARY AGREEMENT (this “ Second Supplementary Agreement”) is entered into as of 13 February 2026 by and between the following parties: (1) SUNPOWER TECHNOLOGY LTD. (Registration No.: 125925), an exempted company incorporated in the Cayman Islands and having its registered office at One Nexus Way, Camana Bay, George Town, Grand Cayman, KY1-9005, Cayman Islands (“Vendor”); and (2) MFS TECHNOLOGY (S) PTE LTD (Registration No.: 198…
Read attachment ↗maxn-ex99_1.htm · 6-K · 2026-02-06
Exhibit 99.1 专利许可协议 PATENT LICENSE AGREEMENT 本专利许可协议（以下简称 “本协议”）自 2026 年2月5日起生效（以下简称 “生效日”），由以下两方签署： Maxeon Solar Pte. Ltd.，一家依据新加坡法律注册成立的公司，主要经营地址为新加坡布拉斯巴沙路51号Lazada One大厦7楼07-01室，邮编 189554（以下简称 “许可人”）；上海爱旭新能源股份有限公司，一家依据中国法律注册成立的公司，主要经营地址为中国上海市浦东新区秋月路26号4幢201-1室，邮编 201210（以下简称 “被许可人”）。（许可人及被许可人分别称为 “一方”，合称 “双方”。） This Patent License Agreement (this “Agreement”), effective as of February 5, 2026 (the “Effective Date”), is made and entered into by and between Maxeon Solar Pte. Ltd., a corpora…
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