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    Solarmax Technology Inc.

    Subscribe to $SMXT
    $SMXT
    Engineering & Construction
    Consumer Discretionary

    IPO Year: 2024

    Exchange: NASDAQ

    Recent Analyst Ratings for Solarmax Technology Inc.

    DatePrice TargetRatingAnalyst
    See more ratings

    Solarmax Technology Inc. SEC Filings

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    • Solarmax Technology Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - SolarMax Technology, Inc. (0001519472) (Filer)

      5/16/25 9:10:55 PM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • SEC Form 10-Q filed by Solarmax Technology Inc.

      10-Q - SolarMax Technology, Inc. (0001519472) (Filer)

      5/16/25 4:03:14 PM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • SEC Form NT 10-Q filed by Solarmax Technology Inc.

      NT 10-Q - SolarMax Technology, Inc. (0001519472) (Filer)

      5/16/25 6:06:22 AM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • Solarmax Technology Inc. filed SEC Form 8-K: Changes in Registrant's Certifying Accountant, Financial Statements and Exhibits

      8-K - SolarMax Technology, Inc. (0001519472) (Filer)

      5/5/25 4:02:23 PM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • SEC Form 10-K filed by Solarmax Technology Inc.

      10-K - SolarMax Technology, Inc. (0001519472) (Filer)

      3/31/25 5:04:05 PM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • Solarmax Technology Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

      8-K - SolarMax Technology, Inc. (0001519472) (Filer)

      12/11/24 6:01:21 AM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • Solarmax Technology Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

      8-K - SolarMax Technology, Inc. (0001519472) (Filer)

      12/5/24 4:15:11 PM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • Solarmax Technology Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - SolarMax Technology, Inc. (0001519472) (Filer)

      11/15/24 9:22:44 PM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • SEC Form 10-Q filed by Solarmax Technology Inc.

      10-Q - SolarMax Technology, Inc. (0001519472) (Filer)

      11/14/24 5:11:54 PM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • Solarmax Technology Inc. filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Financial Statements and Exhibits

      8-K - SolarMax Technology, Inc. (0001519472) (Filer)

      11/1/24 5:15:28 PM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary

    Solarmax Technology Inc. Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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    • New insider Chen Wei Yuan claimed ownership of 1,757,670 shares (SEC Form 3)

      3 - SolarMax Technology, Inc. (0001519472) (Issuer)

      6/12/25 4:17:32 PM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • SEC Form 3 filed by new insider Zhang Lei

      3 - SolarMax Technology, Inc. (0001519472) (Issuer)

      6/12/25 4:16:54 PM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • New insider Hsu Bingwen David claimed ownership of 4,032,298 shares (SEC Form 3)

      3 - SolarMax Technology, Inc. (0001519472) (Issuer)

      2/14/25 2:18:52 PM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • New insider Yuan Simon claimed ownership of 2,197,088 shares (SEC Form 3)

      3 - SolarMax Technology, Inc. (0001519472) (Issuer)

      2/11/25 11:37:57 AM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary

    Solarmax Technology Inc. Press Releases

    Fastest customizable press release news feed in the world

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    • SolarMax Technology Reports First Quarter 2025 Financial Results

      RIVERSIDE, Calif., May 16, 2025 (GLOBE NEWSWIRE) -- SolarMax Technology, Inc. (Nasdaq SMXT) ("SolarMax" or the "Company"), an integrated solar energy company, today reported financial results for the quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Revenue: $6.9 million, compared with $5.8 million in the first quarter of 2024.Gross profit: $1.4 million, compared with ($0.5) million in the first quarter of 2024.   Cost of revenues in the first quarter of 2024 included a one-time, non-cash stock-based compensation expense of $1.3 million.Total operating expense: $2.6 million, compared with $18.4 million in the first quarter of 2024. Operating expense in the first quart

      5/16/25 7:27:41 PM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • SolarMax Technology Reports 2024 Financial Results

      RIVERSIDE, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- SolarMax Technology, Inc. (Nasdaq SMXT) ("SolarMax" or the "Company"), an integrated solar energy company, today reported financial results for the year ended December 31, 2024. 2024 Financial Highlights Revenue: $23.0 million, compared with $54.1 million in 2023.Gross profit: $2.3 million, compared with $11.1 million in 2023.   Cost of revenues in 2024 included a one-time, non-cash stock-based compensation expense of $1.3 million.Total operating expense: $35.4 million, which included a one-time, non-cash stock-based compensation expense of $17.2 million and a $7.5 million goodwill impairment relating to our China segment, compared wi

      3/31/25 5:45:00 PM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • SolarMax Technology Signs MOU for 40-Megawatt Solar Farm in Georgia

      RIVERSIDE, Calif., Dec. 12, 2024 (GLOBE NEWSWIRE) -- SolarMax Technology, Inc. (Nasdaq SMXT) ("SolarMax" or the "Company"), an integrated solar energy company, has entered into a Memorandum of Understanding (MOU) with Sunelement Energy Inc., a domestic manufacturer of solar panels ("Sunelement"), for the installation of a solar power and battery project in East Dublin, Georgia. The proposed project contemplates an electricity grid-connected photovoltaic solar power facility with a total capacity of approximately 40 megawatts, coupled with a battery energy storage system of 150 megawatt-hours. SolarMax is to provide the engineering, procurement, and construction ("EPC") services in connect

      12/12/24 8:00:00 AM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • SolarMax Technology Signs MOU for Cryptocurrency Solar Projects in the U.S.

      RIVERSIDE, Calif., Dec. 10, 2024 (GLOBE NEWSWIRE) -- SolarMax Technology, Inc. (Nasdaq SMXT) ("SolarMax" or the "Company"), an integrated solar energy company, has entered into a Memorandum of Understanding (MOU) with SOS Limited (NYSE:SOS), whose business activities include cryptocurrency mining, to develop large-scale solar power and battery storage facilities in Nevada, Texas and Florida to provide power for SOS' blockchain and cryptocurrency operations. The MOU contemplates the development of six separate facilities, each with a capacity of approximately 50 megawatts, for a combined total of approximately 300 megawatts. Under the proposed agreements, SolarMax would provide end-to-end

      12/10/24 8:00:00 AM ET
      $SMXT
      $SOS
      Engineering & Construction
      Consumer Discretionary
      Finance: Consumer Services
      Finance
    • SolarMax Technology Reports Third Quarter 2024 Financial Results

      RIVERSIDE, Calif., Nov. 15, 2024 (GLOBE NEWSWIRE) -- SolarMax Technology, Inc. (Nasdaq SMXT) ("SolarMax" or the "Company"), an integrated solar energy company, today reported financial results for the quarter ended September 30, 2024. Third Quarter Highlights Revenue: $6.3 million, compared with $14.3 million in Q3 2023.Gross profit: $1.3 million, compared with $4.0 million in Q3 2023.Total operating expense: $11.3 million, including a $7.5 million goodwill impairment relating to the China segment, compared with $3.1 million in Q3 2023.Net loss: $9.6 million, or $0.21 per share, compared with net income of $1.5 million, or $0.04 per share, in Q3 2023. David Hsu, CEO of SolarMax, stated,

      11/15/24 6:00:00 AM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • OKYO Pharma and SolarMax Technology Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

      ORLANDO, FL / ACCESSWIRE / August 23, 2024 / RedChip Companies will air interviews with OKYO Pharma Ltd. (NASDAQ:OKYO) and SolarMax Technology, Inc. (NASDAQ:SMXT) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, August 24, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.Access the interviews in their entirety at:OKYO Pharma: https://www.redchip.com/assets/access/okyo_accessSolarMax: https://www.redchip.com/assets/access/smxt_accessIn an exclusive interview, Gary S. Jacob, PhD, CEO of OKYO Pharma, appears on the RedChip Small Stocks Big Money™ show on Bloomberg TV to provide a corporate upd

      8/23/24 9:00:00 AM ET
      $OKYO
      $SMXT
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
      Engineering & Construction
      Consumer Discretionary
    • SolarMax Technology Expands US Footprint with New Commercial Solar Project in California

      RIVERSIDE, Calif., Aug. 15, 2024 (GLOBE NEWSWIRE) -- SolarMax Technology, Inc. (Nasdaq SMXT) ("SolarMax" or the "Company"), an integrated solar energy company, signed a non-binding term sheet for a significant new commercial solar project in California. The project, a major mall in the San Jose area, represents another step forward in SolarMax' ongoing strategy to expand its solar development capabilities in the US commercial market. The proposed California project is to include the development and management of a 4.17 megawatt (MW) photovoltaic solar power plant and a 2.0 MW energy storage system. As part of the project, SolarMax will also oversee the replacement of the mall's roof to su

      8/15/24 9:00:00 AM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • SolarMax Technology Reports Second Quarter 2024 Financial Results

      RIVERSIDE, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) -- SolarMax Technology, Inc. (Nasdaq SMXT) ("SolarMax" or the "Company"), an integrated solar energy company, today reported financial results for the quarter ended June 30, 2024. Second Quarter Highlights Revenue: $4.5 million, compared to $14.8 million in Q2 2023.Gross profit: $0.6 million, compared to $2.1 million in Q2 2023.Total operating expense: $3.0 million, compared to $3.0 million in Q2 2023.Net loss: $2.2 million ($0.05 per share), compared to a net loss of $1.9 million ($0.05 per share) in Q2 2023. David Hsu, CEO of SolarMax, stated, "Our second quarter performance reflects some of the same external factors that influenced ou

      8/14/24 5:00:00 PM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • SolarMax Technology, Inc. Announces Proposed Milestone Project in the U.S., Establishing Its Leadership Position

      RIVERSIDE, Calif., Aug. 6, 2024 /PRNewswire/ -- SolarMax Technology, Inc. (NASDAQ:SMXT) ("SolarMax" or the "Company"), an integrated renewable energy company, is pleased to announce its plan to expand its business in the U.S. market, dedicated to leading the revolution with innovative smart solar systems. The company has signed a non-binding memorandum of understanding for its first major commercial solar installation project in the U.S. The proposed project, which is located in Las Vegas, would include a 4.27-megawatt photovoltaic solar power plant, a 2.0 megawatt energy storage system, and 10 advanced electric vehicle charging stations. This project marks a potentially significant mileston

      8/6/24 9:00:00 AM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary
    • SolarMax Technology, Inc. Plans to Offer EPC Services in the United States

      RIVERSIDE, Calif., July 24, 2024 (GLOBE NEWSWIRE) -- SolarMax Technology, Inc. (Nasdaq SMXT) ("SolarMax" or the "Company"), an integrated solar energy company, announced that it plans to offer engineering, procurement and construction services, known as EPC services, for large scale solar systems in the United States, which would include both solar power and EV charging stations. As the initial step in this business plan, SolarMax has signed a non-binding memorandum of understanding for its first major commercial solar installation project in the United States. This proposed project, to be located in Las Vegas, marks a potentially significant milestone in SolarMax' strategy to offer large

      7/24/24 8:00:00 AM ET
      $SMXT
      Engineering & Construction
      Consumer Discretionary

    Solarmax Technology Inc. Financials

    Live finance-specific insights

    See more
    • OKYO Pharma and SolarMax Technology Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

      ORLANDO, FL / ACCESSWIRE / August 23, 2024 / RedChip Companies will air interviews with OKYO Pharma Ltd. (NASDAQ:OKYO) and SolarMax Technology, Inc. (NASDAQ:SMXT) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, August 24, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.Access the interviews in their entirety at:OKYO Pharma: https://www.redchip.com/assets/access/okyo_accessSolarMax: https://www.redchip.com/assets/access/smxt_accessIn an exclusive interview, Gary S. Jacob, PhD, CEO of OKYO Pharma, appears on the RedChip Small Stocks Big Money™ show on Bloomberg TV to provide a corporate upd

      8/23/24 9:00:00 AM ET
      $OKYO
      $SMXT
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
      Engineering & Construction
      Consumer Discretionary