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SMXT: financial statements from SEC — TradeAlmanac

SMXT

Solarmax Technology Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31/12/2025	31/12/2024
Revenue	91M	23M
Cost of revenue	87M	21M
Gross profit	4M	2M
Selling, general and administrative	10M	27M
Operating expenses	11M	35M
Operating income	−6M	−33M
Interest expense	1M	2M
Pre-tax income	−7M	−33M
Income tax	−1M	2M
Net income	−6M	−35M
Earnings per share	−0.13	−0.79
Earnings per share, diluted	−0.13	−0.79
Weighted average shares	—	44M
Weighted average shares, diluted	50M	44M

Balance sheet

Metric	31/03/2026	31/12/2025	30/09/2025	30/06/2025	31/03/2025	31/12/2024	30/09/2024	30/06/2024
Cash and equivalents	4M	8M	6M	2M	596,251	786,333	1M	1M
Short-term investments	—

Cash flow

Metric	31/12/2025	31/12/2024
Operating cash flow	498,049	−9M
Depreciation and amortisation	61,929	81,545
Share-based compensation	520,721	19M
Capital expenditure	—	0
Investing cash flow	6M	−6M
Financing cash flow	1M

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator