State Ledger
Company profile

SolarMax Technology, Inc. CIK 1519472

Ticker
SMXT (Nasdaq)
Industry
Construction - Special Trade Contractors
Headquarters
Riverside, CA 92507
Fiscal year end
2025 (FY)
Market Data
Close
$4.41
Change
-$0.25
Change %
-5.36%
Volume
1,101

SMXT · trading date Oct 9, 2026 · previous close $4.66 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$90.98M
Net income
-$6.33M
Total assets
$91.29M
Total liabilities
$103.50M
Stockholders' equity
-$12.21M
Cash & equivalents
$7.97M
Operating income
-$6.30M
Operating cash flow
$498.0K
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-04-06. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-6.9%
Net margin
-7.0%
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
113.4%
Equity / assets
-13.4%
CapEx / revenue
—
Operating cash flow / net income
-0.08×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $90.98M -$6.33M $91.29M $103.50M -$12.21M
2024 $22.99M -$34.96M $38.63M $53.71M -$15.08M
2023 $54.14M $434.8K $48.66M $64.54M -$15.89M
2022 $44.72M -$6.87M $61.48M $77.69M -$16.21M
Company Details
SIC code
1700
State of incorporation
NV
Active filer
Yes
Most recent SEC filing
Form 8-K
2026-08-21
Financials filed via
Form 10-K
filed 2026-04-06

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Riverside, CA 92507
3080 12TH STREET
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:17 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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