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10-K

Annual Report

SolarMax Technology, Inc. SMXT

0001640334-26-000651

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Filed
Apr 6, 2026 12:00 AM ET
Period of report

On SEC.gov

Financials in this filing

Metric Period Value
Shares Diluted FY 2025 · Dec 31, 2025 49.98M sh
Shares Diluted FY 2025 · Dec 31, 2024 44.34M sh
Operating Cash Flow FY 2025 · Dec 31, 2025 $498.05K
Operating Cash Flow FY 2025 · Dec 31, 2024 −$9.13M
Short Term Debt FY 2025 · Dec 31, 2025 $20.2M
Cash And Equivalents FY 2025 · Dec 31, 2025 $7.97M
Cash And Equivalents FY 2025 · Dec 31, 2024 $786.33K
Cash And Equivalents FY 2025 · Dec 31, 2023 $2.54M
Stockholders Equity FY 2025 · Dec 31, 2025 −$12.21M
Stockholders Equity FY 2025 · Dec 31, 2024 −$15.08M
Stockholders Equity FY 2025 · Dec 31, 2023 −$15.89M
Current Liabilities FY 2025 · Dec 31, 2025 $95.71M
Current Liabilities FY 2025 · Dec 31, 2024 $34.74M
Total Liabilities FY 2025 · Dec 31, 2025 $103.5M
Total Liabilities FY 2025 · Dec 31, 2024 $53.71M
Current Assets FY 2025 · Dec 31, 2025 $75.35M
Current Assets FY 2025 · Dec 31, 2024 $20.95M
Total Assets FY 2025 · Dec 31, 2025 $91.29M
Total Assets FY 2025 · Dec 31, 2024 $38.63M
Eps Diluted FY 2025 · Dec 31, 2025 −$0.13
Eps Diluted FY 2025 · Dec 31, 2024 −$0.79
Eps Basic FY 2025 · Dec 31, 2025 −$0.13
Eps Basic FY 2025 · Dec 31, 2024 −$0.79
Sga Expense FY 2025 · Dec 31, 2025 $10.16M
Sga Expense FY 2025 · Dec 31, 2024 $27.44M
Net Income FY 2025 · Dec 31, 2025 −$6.33M
Net Income FY 2025 · Dec 31, 2024 −$34.96M
Operating Income FY 2025 · Dec 31, 2025 −$6.3M
Operating Income FY 2025 · Dec 31, 2024 −$33.1M
Gross Profit FY 2025 · Dec 31, 2025 $4.23M
Gross Profit FY 2025 · Dec 31, 2024 $2.31M
Cost Of Revenue FY 2025 · Dec 31, 2025 $86.75M
Cost Of Revenue FY 2025 · Dec 31, 2024 $20.67M
Revenue FY 2025 · Dec 31, 2025 $90.98M
Revenue FY 2025 · Dec 31, 2024 $22.99M