XMax Inc. (XMAX)

NASDAQ: XMAX · Real-Time Price · USD

8.78

-0.01 (-0.11%)

Sep 2, 2026, 4:00 PM EDT - Market closed

XMax Inc. 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	Jun '26 Jun 30, 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	34.63	6.71	0.16	0.37	1.37	6.28
Cash & Short-Term Investments	34.63	6.71	0.16	0.37	1.37	6.28
Cash Growth	7285.75%	4043.46%	-56.14%	-73.14%	-78.11%	-28.23%
Accounts Receivable	3.19	2.45	0.04	0.05	0.29	0.1
Other Receivables	0.01	0.01	0.02	0.04	0.08	0.3
Receivables	8.64	2.45	0.05	0.09	0.37	0.4
Inventory	2.01	2.48	7.51	2.31	4.95	3.33
Prepaid Expenses	0.57	0.14	0.2	0.98	1.5	0.41
Other Current Assets	1.1	-	-	-	-	15.15
Total Current Assets	46.94	11.78	7.93	3.75	8.2	25.57
Property, Plant & Equipment	0.28	0.62	1.71	2.19	3.03	3.61
Goodwill	-	-	0.22	0.22	0.22	0.22
Other Intangible Assets	-	-	0	0.01	0.01	0.02
Other Long-Term Assets	73.86	23.15	0.05	0.07	0.07	0.11
Total Assets	121.08	35.55	9.92	6.24	11.53	29.53

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	0.48	0.33	0.73	0.43	0.32	0.36
Accrued Expenses	0.66	0.91	1.67	1.07	0.38	0.33
Short-Term Debt	-	0.4	0.39	-	-	-
Current Portion of Long-Term Debt	0	0	0.01	-	-	-
Current Portion of Leases	0.26	0.61	0.75	0.7	0.74	0.73
Current Income Taxes Payable	-	-	1.85	1.15	0	-
Current Unearned Revenue	0.19	0.06	0.41	0.31	-	-
Other Current Liabilities	0.04	0.08	0.02	0.03	0.21	0.4
Total Current Liabilities	1.63	2.39	5.83	3.69	1.64	1.81
Long-Term Debt	5.33	5.18	0.2	0.15	0.15	0.15
Long-Term Leases	0.01	0.02	0.77	1.26	1.97	2.58
Other Long-Term Liabilities	-	-	-	0.64	1.16	1.54
Total Liabilities	14.78	7.59	6.79	5.74	4.92	6.09

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	0.04	0.01	0	0	0.01
Additional Paid-In Capital	126.51	80.82	52.59	44.4	43.24	42.66
Retained Earnings	-20.79	-53.41	-49.99	-44.43	-36.71	-19.6
Comprehensive Income & Other	0.51	0.5	0.52	0.52	0.08	0.38
Shareholders' Equity	106.3	27.96	3.12	0.5	6.61	23.44
Total Liabilities & Equity	121.08	35.55	9.92	6.24	11.53	29.53

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	5.61	6.21	2.12	2.11	2.86	3.46
Net Cash (Debt)	29.02	0.5	-1.95	-1.74	-1.48	2.82
Net Cash Growth	-	-	-	-	-	-54.27%
Net Cash Per Share	0.70	0.02	-0.52	-1.12	-1.07	2.31
Filing Date Shares Outstanding	64.52	47.21	13.21	2.32	1.44	1.37
Total Common Shares Outstanding	64.09	41.89	7.3	1.92	1.42	1.37
Working Capital	45.31	9.39	2.11	0.06	6.56	23.75
Book Value Per Share	1.66	0.67	0.43	0.26	4.64	17.15
Tangible Book Value	106.3	27.96	2.9	0.27	6.38	23.21
Tangible Book Value Per Share	1.66	0.67	0.40	0.14	4.48	16.97
Machinery	0.2	0.2	0.27	0.26	0.28	0.4

SEC Filings: 10-K · 10-Q