SolarMax Technology, Inc. (SMXT)
NASDAQ: SMXT · Real-Time Price · USD
0.3450
-0.0330 (-8.73%)
At close: Jul 31, 2026, 4:00 PM EDT
0.3400
-0.0050 (-1.45%)
After-hours: Jul 31, 2026, 7:47 PM EDT
SolarMax Technology Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 4.31 | 7.97 | 0.79 | 2.54 | 3.82 | 13.08 |
Short-Term Investments | - | 0.52 | 6.34 | - | - | - |
Cash & Short-Term Investments | 4.31 | 8.49 | 7.12 | 2.54 | 3.82 | 13.08 |
Cash Growth | -37.06% | 19.17% | 180.54% | -33.56% | -70.78% | -41.17% |
Accounts Receivable | 12.28 | 12.94 | 4.23 | 4.18 | 5.93 | 3.21 |
Other Receivables | 55.65 | 47.99 | 4.72 | 6.49 | 11.96 | 18.77 |
Total Trade Receivables | 67.93 | 60.93 | 8.96 | 10.67 | 17.89 | 21.98 |
Inventory | 1.72 | 2.06 | 1.3 | 1.34 | 3.4 | 3.36 |
Other Current Assets | 6.5 | 3.87 | 3.57 | 5.37 | 3.96 | 4.06 |
Total Current Assets | 80.46 | 75.35 | 20.95 | 19.92 | 29.09 | 42.48 |
Net Property, Plant & Equipment | 11.93 | 1.78 | 3.38 | 5.7 | 7.33 | 0.65 |
Goodwill | - | - | - | 7.58 | 7.77 | 8.43 |
Long-Term Investments | 10.62 | 10.71 | 10.02 | 9.7 | 9.05 | 9.3 |
Other Long-Term Assets | 3.19 | 3.45 | 4.28 | 5.75 | 8.23 | 11.15 |
Total Assets | 106.19 | 91.29 | 38.63 | 48.66 | 61.48 | 72.02 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 60.97 | 59.57 | 2.67 | 3.38 | 2.23 | 3.98 |
Accrued Expenses | 17.98 | 14.28 | 12.47 | 16.48 | 19.89 | 22.83 |
Short-Term Debt | - | - | 2.9 | 2 | 2.03 | 2.03 |
Current Portion of Long-Term Debt | 18.05 | 20.15 | 15.13 | 20.04 | 16.8 | 18.4 |
Current Portion of Leases | 1.02 | 1.71 | 1.57 | 1.5 | 1.52 | - |
Unearned Revenue | - | - | - | - | 4.04 | 1.39 |
Total Current Liabilities | 98.02 | 95.71 | 34.74 | 43.4 | 46.51 | 48.63 |
Long-Term Debt | 6.32 | 5.34 | 13.53 | 14.27 | 22.15 | 28.1 |
Long-Term Leases | 10.87 | - | 1.71 | 4.08 | 5.47 | - |
Other Long-Term Liabilities | 2.39 | 2.45 | 3.73 | 2.79 | 3.55 | 3.74 |
Total Long-Term Liabilities | 19.58 | 7.79 | 18.97 | 21.14 | 31.17 | 31.83 |
Total Liabilities | 117.6 | 103.5 | 53.71 | 64.54 | 77.69 | 80.46 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 0.06 | 0.06 | 0.05 | 0.04 | 0.04 | 0.04 |
Treasury Stock | -1.98 | -1.98 | -1.98 | -1.81 | -1.81 | -1.81 |
Additional Paid-in Capital | 102.14 | 101.04 | 91.89 | 55.79 | 55.79 | 55.79 |
Accumulated Other Comprehensive Income | -1.41 | -1.42 | -1.45 | -1.28 | -1.17 | -0.28 |
Retained Earnings | -110.22 | -109.91 | -103.59 | -68.62 | -69.06 | -62.19 |
Total Common Shareholders' Equity | -11.41 | -12.21 | -15.08 | -15.89 | -16.21 | -8.45 |
Shareholders' Equity | -11.41 | -12.21 | -15.08 | -15.89 | -16.21 | -8.45 |
Total Liabilities & Equity | 106.19 | 91.29 | 38.63 | 48.66 | 61.48 | 72.02 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 36.27 | 27.2 | 34.84 | 41.88 | 47.98 | 48.53 |
Net Cash (Debt) | -31.96 | -18.71 | -27.72 | -39.35 | -44.16 | -35.45 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -0.60 | -0.37 | -0.63 | -0.98 | -1.11 | -0.89 |
Book Value | -11.41 | -12.21 | -15.08 | -15.89 | -16.21 | -8.45 |
Book Value Per Share | -0.22 | -0.24 | -0.34 | -0.40 | -0.41 | -0.21 |
Tangible Book Value | -11.41 | -12.21 | -15.08 | -23.47 | -23.98 | -16.88 |
Tangible Book Value Per Share | -0.22 | -0.24 | -0.34 | -0.59 | -0.60 | -0.42 |