XMAX: financial statements from SEC — TradeAlmanac

XMAX

XMAX, Inc.: financial statements

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

AnnualQuarterly

Income statement

Metric	31 Mar 2026	30 Sept 2025	30 Jun 2025	31 Mar 2025	30 Sept 2024	30 Jun 2024
Revenue	2M	10M	3M	3M	3M	3M
Cost of revenue	899,252	9M	1M	1M	1M	1M
Gross profit	882,469	983,803	1M	1M	1M	1M
Research and development	—	—	—	390	—	—
Selling, general and administrative	1M	1M	1M	1M	2M	1M
Operating expenses	1M	1M	1M	1M	4M	2M
Operating income	−534,853	−490,023	−196,494	−193,360	−2M	−497,664
Pre-tax income	191,514	−1M	−290,904	−401,131	−2M	−558,613
Income tax	—	−757	−997	−62,260	211	4,876
Net income	191,514	−1M	−289,907	−338,871	−2M	−563,489
Earnings per share	0.00	−0.06	−0.02	−0.03	−0.72	−0.22
Earnings per share, diluted	0.00	−0.06	−0.02	−0.03	−0.72	−0.22
Weighted average shares	45M	18M	14M	10M	3M	3M
Weighted average shares, diluted	45M	18M	14M	10M	3M	3M

Balance sheet

Metric	31 Mar 2026	31 Dec 2025	30 Sept 2025	30 Jun 2025	31 Mar 2025	31 Dec 2024	30 Sept 2024	30 Jun 2024
Cash and equivalents	10M	7M	2M	468,825	147,300	161,902	162,285	363,409
Receivables	2M	2M	8M

Cash flow

Metric	31 Mar 2026	31 Mar 2025
Operating cash flow	−641,744	−322,617
Depreciation and amortisation	2,088	15,836
Share-based compensation	—	111,626
Investing cash flow	−8M	—
Financing cash flow	12M	282,133

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