SMXT
SolarMax Technology, Inc.
Price Chart
Latest Quote
$0.38
-0.03 (-6.91%)
Current Price
| Previous Close | $0.41 |
| Open | $0.40 |
| Day High | $0.41 |
| Day Low | $0.38 |
| Volume | 177,547 |
Stock Information
| Shares Outstanding | 56.91M |
| Total Debt | $36.27M |
| Cash Equivalents | $4.31M |
| Revenue | $98.89M |
| Net Income | $-5.34M |
| Sector | Technology |
| Industry | Solar |
| Market Cap | $21.62M |
| EPS (TTM) | $-0.11 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $54.44M |
| Sales | $98.89M |
| Income | $-5.34M |
| Book/sh | $-0.20 |
| Cash/sh | $0.08 |
| Employees | 79 |
Financial Ratios
| Quick Ratio | 0.77 |
| Current Ratio | 0.82 |
Returns & Margins
| ROA | -4.35% |
| Gross Margin | 5.92% |
| Operating Margin | 0.65% |
| Profit Margin | -5.40% |
Ownership
| Insider Ownership | 33.00% |
| Institutional Ownership | 3.55% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 0.22 |
| P/B | -1.90 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $0.49 |
| SMA50 | $0.54 |
| SMA200 | $0.80 |
| RSI | 29.98 |
| ATR | 0.0837 |
| Shares Float | 41.89M |
| Short Float | 1.28% |
| Short Ratio | 6.22 |
| Rel Volume | 0.07 |
Performance History
| Week | -17.75% |
| Month | -25.49% |
| Quarter | -53.77% |
| 6 Months | -54.27% |
| YTD | -56.82% |
| Year | -65.14% |
| 10 Years | -95.25% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $0.38 | 180,800 |
| 2026-06-17 | $0.41 | 156,200 |
| 2026-06-16 | $0.40 | 288,500 |
| 2026-06-15 | $0.39 | 382,600 |
| 2026-06-12 | $0.40 | 682,300 |
| 2026-06-11 | $0.46 | 1,221,800 |
| 2026-06-10 | $0.48 | 47,487,900 |
| 2026-06-09 | $0.38 | 277,600 |
| 2026-06-08 | $0.51 | 251,300 |
| 2026-06-05 | $0.52 | 300,600 |
| 2026-06-04 | $0.53 | 76,200 |
| 2026-06-03 | $0.52 | 146,200 |
| 2026-06-02 | $0.53 | 106,100 |
| 2026-06-01 | $0.55 | 266,500 |
| 2026-05-29 | $0.55 | 153,200 |
| 2026-05-28 | $0.56 | 47,700 |
| 2026-05-27 | $0.55 | 79,400 |
| 2026-05-26 | $0.57 | 258,700 |
| 2026-05-22 | $0.53 | 77,000 |
| 2026-05-21 | $0.54 | 75,700 |
| 2026-05-20 | $0.55 | 111,300 |
| 2026-05-19 | $0.51 | 75,400 |
About SolarMax Technology, Inc.
SolarMax Technology, Inc., through its subsidiaries, operates as an integrated solar and renewable energy company in the United States. The company engages in the sale and installation of photovoltaic and battery backup systems; sale of LED systems; and identifying and procuring solar farm projects for resale to third parties, as well as provision of engineering, procuring, and construction services for solar farm projects. It serves residential and commercial customers. SolarMax Technology, Inc. was incorporated in 2008 and is based in Riverside, California.
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $86,752,407 | $20,672,306 | $42,990,393 | $37,236,493 |
| Cost Of Revenue | $86,752,407 | $20,672,306 | $42,990,393 | $37,236,493 |
| Total Revenue | $90,982,535 | $22,986,881 | $54,139,330 | $44,718,030 |
| Operating Revenue | $90,982,535 | $22,986,881 | $54,139,330 | $44,718,030 |
| Expenses | ||||
| Interest Expense | $1,366,205 | $1,565,732 | $1,576,749 | $1,826,934 |
| Total Expenses | $97,278,808 | $48,628,541 | $53,655,479 | $52,687,842 |
| Other Income Expense | $-336,904 | $-6,591,654 | $1,394,637 | $2,903,283 |
| Other Non Operating Income Expenses | $385,791 | $-144,504 | $499,472 | $-616,117 |
| Net Non Operating Interest Income Expense | $-826,766 | $-1,065,192 | $-1,507,896 | $-1,765,317 |
| Interest Expense Non Operating | $1,366,205 | $1,565,732 | $1,576,749 | $1,826,934 |
| Operating Expense | $10,526,401 | $27,956,235 | $10,665,086 | $15,451,349 |
| Selling And Marketing Expense | $366,705 | $517,058 | $1,157,793 | $1,081,264 |
| General And Administrative Expense | $10,159,696 | $27,439,177 | $9,507,293 | $14,370,085 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-6,325,368 | $-34,962,336 | $434,786 | $-6,873,278 |
| Net Interest Income | $-826,766 | $-1,065,192 | $-1,507,896 | $-1,765,317 |
| Interest Income | $539,439 | $500,540 | $68,853 | $61,617 |
| Normalized Income | $-5,497,632 | $-29,367,594 | $410,270 | $-9,263,622 |
| Net Income From Continuing And Discontinued Operation | $-6,325,368 | $-34,962,336 | $434,786 | $-6,873,278 |
| Total Operating Income As Reported | $-6,296,273 | $-33,103,548 | $483,851 | $-7,969,812 |
| Net Income Common Stockholders | $-6,325,368 | $-34,962,336 | $434,786 | $-6,873,278 |
| Net Income | $-6,325,368 | $-34,962,336 | $434,786 | $-6,873,278 |
| Net Income Including Noncontrolling Interests | $-6,325,368 | $-34,962,336 | $434,786 | $-6,873,278 |
| Net Income Continuous Operations | $-6,325,368 | $-34,962,336 | $434,786 | $-6,873,278 |
| Pretax Income | $-7,459,943 | $-33,298,506 | $370,592 | $-6,831,846 |
| Special Income Charges | $-976,219 | $-7,081,952 | $31,033 | $3,025,752 |
| Earnings From Equity Interest | $253,524 | $634,802 | $864,132 | $493,648 |
| Interest Income Non Operating | $539,439 | $500,540 | $68,853 | $61,617 |
| Operating Income | $-6,296,273 | $-25,641,660 | $483,851 | $-7,969,812 |
| Gross Profit | $4,230,128 | $2,314,575 | $11,148,937 | $7,481,537 |
| Per Share | ||||
| Diluted EPS | $-0.13 | $-0.79 | $0.01 | $-0.15 |
| Basic EPS | $-0.13 | $-0.79 | $0.01 | $-0.15 |
| Other | ||||
| Tax Effect Of Unusual Items | $-148,483 | $-1,487,210 | $6,517 | $635,408 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-3,515,261 | $-23,104,676 | $3,529,321 | $-6,658,498 |
| Total Unusual Items | $-976,219 | $-7,081,952 | $31,033 | $3,025,752 |
| Total Unusual Items Excluding Goodwill | $-976,219 | $-7,081,952 | $31,033 | $3,025,752 |
| Reconciled Depreciation | $1,602,258 | $1,546,146 | $1,613,013 | $1,372,166 |
| EBITDA (Bullshit earnings) | $-4,491,480 | $-30,186,628 | $3,560,354 | $-3,632,746 |
| EBIT | $-6,093,738 | $-31,732,774 | $1,947,341 | $-5,004,912 |
| Diluted Average Shares | $49,976,772 | $44,342,876 | $44,500,186 | $47,500,186 |
| Basic Average Shares | $49,976,772 | $44,342,876 | $44,500,186 | $44,500,186 |
| Diluted NI Availto Com Stockholders | $-6,325,368 | $-34,962,336 | $434,786 | $-6,873,278 |
| Tax Provision | $-1,134,575 | $1,663,830 | $-64,194 | $41,432 |
| Other Special Charges | $976,219 | $-379,936 | $-31,033 | $-3,025,752 |
| Impairment Of Capital Assets | $0 | $7,461,888 | $0 | - |
| Selling General And Administration | $10,526,401 | $27,956,235 | $10,665,086 | $15,451,349 |
| Other Gand A | $10,159,696 | $27,439,177 | $9,507,293 | $14,370,085 |
| Minority Interests | - | - | - | - |
| Write Off | - | - | - | - |
Fetched: 2026-06-19
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-12,210,098 | $-15,078,942 | $-23,472,607 | $-23,982,021 |
| Total Assets | $91,287,054 | $38,629,891 | $48,655,201 | $61,478,228 |
| Total Non Current Assets | $15,937,941 | $17,680,032 | $28,733,616 | $32,392,383 |
| Other Non Current Assets | $1,189,225 | $1,203,091 | $1,235,125 | $1,284,184 |
| Non Current Note Receivables | $2,256,366 | $3,076,186 | $4,322,942 | $6,842,805 |
| Current Assets | $75,349,113 | $20,949,859 | $19,921,585 | $29,085,845 |
| Other Current Assets | $949,803 | $626,820 | $1,342,834 | $1,379,493 |
| Current Deferred Assets | $2,168,725 | $1,841,509 | $2,261,919 | $2,058,423 |
| Prepaid Assets | $281,439 | $667,140 | $1,300,009 | $0 |
| Inventory | $2,061,558 | $1,302,568 | $1,341,397 | $3,404,902 |
| Receivables | $61,398,192 | $9,387,915 | $11,136,114 | $18,421,075 |
| Other Receivables | $46,536,669 | $893,751 | $985,816 | $5,136,451 |
| Accrued Interest Receivable | $40,088 | $11,920 | $32,537 | $29,122 |
| Loans Receivable | $874,617 | $1,287,397 | $2,212,574 | $3,437,634 |
| Accounts Receivable | $12,939,589 | $4,231,575 | $4,176,322 | $5,933,477 |
| Cash Cash Equivalents And Short Term Investments | $8,489,396 | $7,123,907 | $2,539,312 | $3,821,952 |
| Cash And Cash Equivalents | $7,966,797 | $786,333 | $2,539,312 | $3,821,952 |
| Non Current Deferred Assets | - | $0 | $189,226 | $107,628 |
| Non Current Deferred Taxes Assets | - | $0 | $189,226 | $107,628 |
| Goodwill And Other Intangible Assets | - | $0 | $7,584,779 | $7,774,472 |
| Taxes Receivable | - | - | $0 | $62,268 |
| Restricted Cash | - | - | - | $0 |
| Notes Receivable | - | - | - | $0 |
| Non Current Prepaid Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $17,523,085 | $30,772,773 | $33,769,114 | $37,165,986 |
| Total Debt | $27,202,211 | $34,842,520 | $41,884,550 | $47,980,747 |
| Long Term Debt And Capital Lease Obligation | $5,339,882 | $15,242,778 | $18,348,337 | $27,624,190 |
| Long Term Debt | $5,339,882 | $13,530,448 | $14,269,768 | $22,154,487 |
| Current Debt And Capital Lease Obligation | $21,862,329 | $19,599,742 | $23,536,213 | $20,356,557 |
| Current Debt | $20,150,000 | $18,028,658 | $22,038,658 | $18,833,451 |
| Other Current Borrowings | $20,150,000 | $18,028,658 | $22,038,658 | $18,833,451 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $103,497,152 | $53,708,833 | $64,543,029 | $77,685,777 |
| Total Non Current Liabilities Net Minority Interest | $7,786,433 | $18,968,811 | $21,141,725 | $31,173,111 |
| Other Non Current Liabilities | $2,194,744 | $2,105,538 | $2,793,388 | $3,548,921 |
| Non Current Deferred Liabilities | $251,807 | $1,620,495 | $0 | - |
| Non Current Deferred Taxes Liabilities | $251,807 | $1,620,495 | $0 | - |
| Current Liabilities | $95,710,719 | $34,740,022 | $43,401,304 | $46,512,666 |
| Current Deferred Liabilities | $3,020,272 | $1,621,943 | $2,487,227 | $9,410,352 |
| Payables And Accrued Expenses | $67,557,964 | $10,235,856 | $12,897,521 | $14,355,279 |
| Payables | $64,920,648 | $8,065,381 | $9,113,741 | $8,980,698 |
| Other Payable | $4,707,720 | $4,640,471 | $4,886,128 | $6,578,203 |
| Total Tax Payable | $647,116 | $759,189 | $843,418 | $171,063 |
| Income Tax Payable | $348,518 | $147,777 | $145,938 | $171,063 |
| Accounts Payable | $59,565,812 | $2,665,721 | $3,384,195 | $2,231,432 |
| Current Deferred Taxes Liabilities | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $-12,210,098 | $-15,078,942 | $-15,887,828 | $-16,207,549 |
| Total Equity Gross Minority Interest | $-12,210,098 | $-15,078,942 | $-15,887,828 | $-16,207,549 |
| Stockholders Equity | $-12,210,098 | $-15,078,942 | $-15,887,828 | $-16,207,549 |
| Gains Losses Not Affecting Retained Earnings | $-1,417,865 | $-1,449,192 | $-1,282,588 | $-1,167,523 |
| Other Equity Adjustments | $-1,417,865 | $-1,449,192 | $-1,282,588 | $-1,167,523 |
| Retained Earnings | $-109,911,673 | $-103,586,305 | $-68,623,969 | $-69,058,755 |
| Long Term Equity Investment | $10,714,811 | $10,020,888 | $9,698,308 | $9,054,759 |
| Other | ||||
| Treasury Shares Number | $1,261,495 | $1,261,495 | - | - |
| Ordinary Shares Number | $54,906,572 | $45,270,860 | $44,500,186 | $44,500,186 |
| Share Issued | $56,168,067 | $46,532,355 | $44,500,186 | $44,500,186 |
| Tangible Book Value | $-12,210,098 | $-15,078,942 | $-23,472,607 | $-23,982,021 |
| Invested Capital | $13,279,784 | $16,480,164 | $20,420,598 | $24,780,389 |
| Working Capital | $-20,361,606 | $-13,790,163 | $-23,479,719 | $-17,426,821 |
| Capital Lease Obligations | $1,712,329 | $3,283,414 | $5,576,124 | $6,992,809 |
| Total Capitalization | $-6,870,216 | $-1,548,494 | $-1,618,060 | $5,946,938 |
| Treasury Stock | $1,979,294 | $1,979,294 | $1,808,889 | $1,808,889 |
| Additional Paid In Capital | $101,042,566 | $91,889,317 | $55,786,634 | $55,786,634 |
| Capital Stock | $56,168 | $46,532 | $40,984 | $40,984 |
| Common Stock | $56,168 | $46,532 | $40,984 | $40,984 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $0 | $1,712,330 | $4,078,569 | $5,469,703 |
| Current Deferred Revenue | $3,020,272 | $1,621,943 | $2,487,227 | $9,410,352 |
| Current Capital Lease Obligation | $1,712,329 | $1,571,084 | $1,497,555 | $1,523,106 |
| Pensionand Other Post Retirement Benefit Plans Current | $3,270,154 | $3,282,481 | $4,480,343 | $2,390,478 |
| Current Accrued Expenses | $2,637,316 | $2,170,475 | $3,783,780 | $5,374,581 |
| Investments And Advances | $10,714,811 | $10,020,888 | $9,698,308 | $9,054,759 |
| Investmentsin Associatesat Cost | $10,714,811 | $10,020,888 | $9,698,308 | $9,054,759 |
| Net PPE | $1,777,539 | $3,379,867 | $5,703,236 | $7,328,535 |
| Accumulated Depreciation | $-5,526,587 | $-5,849,566 | $-6,084,187 | $-6,032,813 |
| Gross PPE | $7,304,126 | $9,229,433 | $11,787,423 | $13,361,348 |
| Leases | $2,294,833 | $2,287,650 | $2,343,815 | $2,349,373 |
| Other Properties | $2,900,352 | $4,842,446 | $7,075,288 | $8,547,830 |
| Machinery Furniture Equipment | $2,108,941 | $2,099,337 | $2,368,320 | $2,464,145 |
| Properties | $0 | $0 | $0 | $0 |
| Inventories Adjustments Allowances | $-715,998 | $-642,297 | $-596,367 | $-485,504 |
| Finished Goods | $1,024,098 | $602,717 | $601,698 | $3,890,406 |
| Raw Materials | $1,753,458 | $1,342,148 | $1,336,066 | $2,575,941 |
| Duefrom Related Parties Current | $1,007,229 | $2,963,272 | $3,728,865 | $3,822,123 |
| Other Short Term Investments | $522,599 | $6,337,574 | $0 | - |
| Goodwill | - | $0 | $7,584,779 | $7,774,472 |
| Construction In Progress | - | - | - | $9,054,759 |
| Work In Process | - | - | - | $34,007 |
| Minority Interest | - | - | - | - |
| Investmentsin Joint Venturesat Cost | - | - | - | - |
Fetched: 2026-06-19
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $498,049 | $-9,130,110 | $4,063,170 | $-2,055,037 |
| Operating Activities | ||||
| Operating Cash Flow | $498,049 | $-9,130,110 | $4,091,169 | $-1,971,571 |
| Cash Flow From Continuing Operating Activities | $498,049 | $-9,130,110 | $4,091,169 | $-1,971,571 |
| Operating Gains Losses | $722,839 | $-949,599 | $-912,402 | $-2,520,573 |
| Investing Activities | ||||
| Investing Cash Flow | $5,838,748 | $-6,315,865 | $-6,550 | $-280,524 |
| Cash Flow From Continuing Investing Activities | $5,838,748 | $-6,315,865 | $-6,550 | $-280,524 |
| Capital Expenditure | - | - | $-27,999 | $-83,466 |
| Net Other Investing Changes | - | - | - | $-288,856 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $4,752,535 | $18,950,212 | $0 | - |
| Financing Cash Flow | $1,148,341 | $13,309,335 | $-5,321,892 | $-7,499,965 |
| Cash Flow From Continuing Financing Activities | $1,148,341 | $13,309,335 | $-5,321,892 | $-7,499,965 |
| Net Other Financing Charges | $-345,536 | $-995,870 | $-472,953 | $-356,329 |
| Net Common Stock Issuance | $4,752,535 | $18,950,212 | $0 | - |
| Common Stock Issuance | $4,752,535 | $18,950,212 | $0 | - |
| Dividends Received Cfi | - | - | - | $0 |
| Other | ||||
| Repayment Of Debt | $-3,258,658 | $-5,545,007 | $-4,848,939 | $-7,143,636 |
| Issuance Of Debt | $0 | $900,000 | $0 | $0 |
| Interest Paid Supplemental Data | $1,375,246 | $1,355,835 | $1,086,314 | $1,628,570 |
| Income Tax Paid Supplemental Data | $170,939 | $158,795 | $177,377 | $4,520 |
| End Cash Position | $8,246,813 | $1,063,077 | $2,893,816 | $4,168,951 |
| Beginning Cash Position | $1,063,077 | $2,893,816 | $4,168,951 | $13,402,274 |
| Effect Of Exchange Rate Changes | $-301,402 | $305,901 | $-37,862 | $518,737 |
| Changes In Cash | $7,485,138 | $-2,136,640 | $-1,237,273 | $-9,752,060 |
| Net Issuance Payments Of Debt | $-3,258,658 | $-4,645,007 | $-4,848,939 | $-7,143,636 |
| Net Long Term Debt Issuance | $-3,258,658 | $-4,645,007 | $-4,848,939 | $-7,143,636 |
| Long Term Debt Payments | $-3,258,658 | $-5,545,007 | $-4,848,939 | $-7,143,636 |
| Long Term Debt Issuance | $0 | $900,000 | - | $0 |
| Net Investment Purchase And Sale | $5,838,748 | $-6,336,837 | $0 | - |
| Sale Of Investment | $5,838,748 | $1,348,334 | $0 | - |
| Purchase Of Investment | $0 | $-7,685,171 | $0 | - |
| Net PPE Purchase And Sale | $0 | $20,972 | $-6,550 | $8,332 |
| Sale Of PPE | $0 | $20,972 | $21,449 | $91,798 |
| Change In Working Capital | $4,038,049 | $-3,992,558 | $1,815,086 | $3,151,118 |
| Change In Other Current Liabilities | $-2,047,945 | $-2,545,211 | $-2,751,598 | $-606,230 |
| Change In Other Current Assets | $17,138 | $-45,726 | $27,283 | $25,644 |
| Change In Payables And Accrued Expense | $58,818,890 | $-4,434,774 | $-1,511,597 | $-2,817,473 |
| Change In Accrued Expense | $1,918,799 | $-3,716,300 | $-2,664,360 | $-236,644 |
| Change In Payable | $56,900,091 | $-718,474 | $1,152,763 | $-2,580,829 |
| Change In Account Payable | $56,900,091 | $-718,474 | $1,152,763 | $-2,580,829 |
| Change In Inventory | $-832,691 | $-7,101 | $1,952,642 | $-119,384 |
| Change In Receivables | $-51,917,343 | $3,040,254 | $8,134,704 | $4,019,191 |
| Changes In Account Receivables | $-8,695,297 | $-214,474 | $1,536,755 | $-3,095,068 |
| Other Non Cash Items | $102,844 | $118,879 | $417,987 | $-1,054,392 |
| Stock Based Compensation | $520,721 | $18,536,183 | $0 | - |
| Provisionand Write Offof Assets | $1,237,087 | $1,279,552 | $806,893 | $668,602 |
| Asset Impairment Charge | $0 | $7,461,888 | $0 | $3,377,526 |
| Deferred Tax | $-1,400,381 | $1,831,735 | $-84,194 | $-92,740 |
| Deferred Income Tax | $-1,400,381 | $1,831,735 | $-84,194 | $-92,740 |
| Depreciation Amortization Depletion | $1,602,258 | $1,546,146 | $1,613,013 | $1,372,166 |
| Depreciation And Amortization | $1,602,258 | $1,546,146 | $1,613,013 | $1,372,166 |
| Depreciation | $1,602,258 | $1,546,146 | $1,613,013 | $1,372,166 |
| Earnings Losses From Equity Investments | $-253,524 | $-634,802 | $-864,132 | $-493,648 |
| Gain Loss On Sale Of PPE | $144 | $-12,068 | $-21,449 | $-80,290 |
| Net Income From Continuing Operations | $-6,325,368 | $-34,962,336 | $434,786 | $-6,873,278 |
| Net Short Term Debt Issuance | - | $900,000 | $0 | - |
| Short Term Debt Issuance | - | $900,000 | $0 | - |
| Purchase Of PPE | - | $0 | $-27,999 | $-83,466 |
| Change In Other Working Capital | - | - | $-4,036,348 | $2,649,370 |
| Net Business Purchase And Sale | - | - | - | $0 |
| Sale Of Business | - | - | - | $0 |
| Gain Loss On Investment Securities | - | - | - | $3,377,526 |
| Net Foreign Currency Exchange Gain Loss | - | - | - | $0 |
| Change In Prepaid Assets | - | - | - | - |
| Gain Loss On Sale Of Business | - | - | - | - |
Fetched: 2026-06-19