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Solarmax Technology Inc (SMXT) Annual Balance Sheets

Annual · GAAP · USD millions
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Tracking balance sheet results across Solarmax Technology Inc to helps illustrate how Dec 31 2025's financial position has responded to changing business conditions.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2025)
(Dec 31 2024) (Dec 31 2023)
Assets
Cash & cash equivalent7.97
Short-term Investments, Total0.00
Cash & Short-term Investments7.00
Accounts receivable12.94
Other Receivables, Net, Current1.70
Notes, Loans and Financing Receivable, Net, Current AC0.87
Inventories2.06
Deferred Costs, Current AS0.00
Other Current Assets49.81
Total Current Assets75.35
Equipment/Property/Plant Net0.14
Goodwill net0.00
Long-term investments0.52
Notes, Loans and Financing Receivable, Net, Noncurrent LO2.26
Deferred Costs, Noncurrent AS2.17
Other Assets, Noncurrent11.37
Contract With Customer Asset Net Current46.11
Receivable From Spic And Project Companies Current1.01
Receivable From S P I C Project Companies Current-
Operating Lease Right Of Use Asset1.64
Total Assets91.29
Liabilities
Accounts Payable, Current AC59.57
Other Accounts Payable AndAccrued Liabilities14.28
Short-term Debt14.65
Other Liabilities, Current7.21
Total Current Liabilities95.71
Long-term debt5.00
Secured Debt5.00
Convertible Notes Payable, Noncurrent LO0.34
Total Long-term Debt5.34
Deferred Tax Liabilities, Gross DE0.25
Other liabilities, Noncurrent2.19
Operating Lease Liability Current1.71
Operating Lease Liability Noncurrent-
Secured Loans From Related Parties Noncurrent-
Deferred Income Tax Liabilities Net-
Total Liabilities103.50
Stockholders' Equity
Treasury Stock Common Value-
Common Stock Value0.06
Treasury Stock Value-1.98
Additional Paid In Capital Common Stock101.04
Retained Earnings / Accumulated Deficit-109.91
Other Equity-1.42
Common Stockholder's Equity-12.21
Total Stockholder's Equity-12.21
Liabilities & Stockholder's Equity91.29
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About Solarmax Technology Inc Annual Balance Sheet

What this statement shows

This page presents issuer-reported balance sheet data, detailing assets, liabilities, and stockholders equity as reported in SEC 10-K filings and standardized by CSIMarket. The balance sheet reflects the company's financial position at the end of each reporting period.

Source & verification

  • Form: 10-K (Period: 20251231)
  • Filed with the SEC: April 6, 2026
  • Source: solarmax_10k.htm

Last updated

  • Page updated:
  • Data lineage: SEC filings - XBRL extraction - balance-sheet normalization in the CSIMarket.com financial database.
  • Accession: 0001640334-26-000651

Balance sheet figures represent financial position at specific reporting dates and may be revised in subsequent filings.

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