📊 SMXT Key Takeaways
Is SolarMax Technology, Inc. (SMXT) a Good Investment?
SolarMax exhibits severe financial distress despite 295.8% YoY revenue growth, with negative stockholders equity (-$11.4M), negative operating cash flow (-$4.2M), and persistent net losses. The company's inability to achieve profitability or positive cash generation at scale, combined with technical insolvency and critical liquidity constraints (current ratio 0.82x), presents unacceptable fundamental risk.
SolarMax Technology, Inc. Key Strengths (SMXT)
- Exceptional top-line revenue growth of 295.8% YoY demonstrates strong market demand
- Positive gross profit of $3.0M and 20.5% gross margin indicate viable product-market fit at gross level
- Operating in construction/solar sector with potential long-term industry growth tailwinds
SMXT Stock Risks: SolarMax Technology, Inc. Investment Risks
- Negative stockholders equity of -$11.4M indicates technical insolvency with liabilities exceeding assets, creating bankruptcy risk
- Negative operating cash flow of -$4.2M and -28.2% FCF margin means the business burns cash unsustainably despite revenue growth, indicating broken unit economics
- Critical liquidity crisis with current ratio of 0.82x, unable to cover short-term obligations, coupled with 0.6% operating margin and -2.1% net margin
Key Metrics to Watch
- Operating cash flow trajectory and estimated cash runway before liquidity exhaustion
- Operating margin expansion path and breakeven timeline
- Stockholders equity recovery and debt refinancing capability
SolarMax Technology, Inc. (SMXT) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
SMXT Profit Margin, ROE & Profitability Analysis
SMXT vs Industrial Sector: How SolarMax Technology, Inc. Compares
How SolarMax Technology, Inc. compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is SolarMax Technology, Inc. Stock Overvalued? SMXT Valuation Analysis 2026
Based on fundamental analysis, SolarMax Technology, Inc. has mixed fundamental signals relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
SolarMax Technology, Inc. Balance Sheet: SMXT Debt, Cash & Liquidity
SMXT Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: SolarMax Technology, Inc.'s revenue has grown significantly by 68% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.79 indicates the company is currently unprofitable.
SMXT Revenue Growth, EPS Growth & YoY Performance
SMXT Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $6.9M | -$306.7K | $-0.01 |
| Q3 2025 | $6.3M | -$2.3M | $-0.04 |
| Q2 2025 | $4.5M | -$1.9M | $-0.04 |
| Q1 2025 | $5.8M | -$1.3M | $-0.03 |
| Q3 2024 | $6.3M | $349.9K | $0.01 |
| Q2 2024 | $4.5M | -$1.1M | N/A |
| Q1 2024 | $5.8M | $742.8K | $0.02 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
SolarMax Technology, Inc. Dividends, Buybacks & Capital Allocation
SMXT SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for SolarMax Technology, Inc. (CIK: 0001519472)
📋 Recent SEC Filings
❓ Frequently Asked Questions about SMXT
What is the AI rating for SMXT?
SolarMax Technology, Inc. (SMXT) has an AI grade of D with 96% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SMXT's key strengths?
Claude: Exceptional top-line revenue growth of 295.8% YoY demonstrates strong market demand. Positive gross profit of $3.0M and 20.5% gross margin indicate viable product-market fit at gross level.
What are the risks of investing in SMXT?
Claude: Negative stockholders equity of -$11.4M indicates technical insolvency with liabilities exceeding assets, creating bankruptcy risk. Negative operating cash flow of -$4.2M and -28.2% FCF margin means the business burns cash unsustainably despite revenue growth, indicating broken unit economics.
What is SMXT's revenue and growth?
SolarMax Technology, Inc. reported revenue of $14.8M.
Does SMXT pay dividends?
SolarMax Technology, Inc. does not currently pay dividends.
Where can I find SMXT SEC filings?
Official SEC filings for SolarMax Technology, Inc. (CIK: 0001519472) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is SMXT's EPS?
SolarMax Technology, Inc. has a diluted EPS of $-0.01.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is SMXT's fundamental grade?
Based on our AI fundamental analysis in May 2026, SolarMax Technology, Inc. has a D grade with 96% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is SMXT stock overvalued or undervalued?
Valuation metrics for SMXT: ROE of N/A (sector avg: 15%), net margin of -2.1% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
What is SMXT's AI grade for 2026?
Our dual AI analysis gives SolarMax Technology, Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is SMXT's free cash flow?
SolarMax Technology, Inc.'s operating cash flow is $-4.2M, with capital expenditures of $0.0. FCF margin is -28.2%.
How does SMXT compare to other Industrial stocks?
Vs Industrial sector averages: Net margin -2.1% (avg: 10%), ROE N/A (avg: 15%), current ratio 0.82 (avg: 1.8).