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SolarMax Technology, Inc.: 10-Q filed 2025-08-14

What SolarMax Technology, Inc. reported in its quarterly report filed 2025-08-14 (fiscal Q2 2025): 54 published measures, 153 facts as tagged in accession 0001640334-25-001506.

This filing

Form
10-Q (quarterly report)
Filed
2025-08-14
Fiscal period
fiscal Q2 2025
Accession
0001640334-25-001506 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All SolarMax Technology, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2025-06-3038,243,989USD
At 2024-12-3138,629,891USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2025-06-3053,350,589USD
At 2024-12-3153,708,833USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2025-06-30-15,106,600USD
At 2025-03-31-15,874,405USD
At 2024-12-31-15,078,942USD
At 2024-06-30-2,814,039USD
At 2024-03-31-585,238USD
At 2023-12-31-15,887,828USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2025-06-301,915,639USD
At 2024-12-31786,333USD
At 2024-06-301,359,990USD
At 2023-12-312,539,312USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-1,898,777USD91
2025-01-01 to 2025-06-30-3,195,019USD181
2024-04-01 to 2024-06-30-2,164,224USD91
2024-01-01 to 2024-06-30-21,436,011USD182

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2025-01-01 to 2025-06-30-380,432USD181
2024-01-01 to 2024-06-30-8,022,213USD182

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2025-04-01 to 2025-06-306,883,004USD91
2025-01-01 to 2025-06-3013,810,473USD181
2024-04-01 to 2024-06-304,454,301USD91
2024-01-01 to 2024-06-3010,218,375USD182

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2025-01-01 to 2025-06-301,553,056USD181
2024-01-01 to 2024-06-3014,216,118USD182

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2025-01-01 to 2025-06-30137,509USD181
2024-01-01 to 2024-06-30-7,673,749USD182

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2025-06-30-106,781,324USD
At 2024-12-31-103,586,305USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2025-04-01 to 2025-06-3045,824,048shares91
2025-01-01 to 2025-06-3045,370,002shares181
2024-04-01 to 2024-06-3041,477,573shares91
2024-01-01 to 2024-06-3043,230,183shares182

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2025-04-01 to 2025-06-3045,824,048shares91
2025-01-01 to 2025-06-3045,370,002shares181
2024-04-01 to 2024-06-3041,477,573shares91
2024-01-01 to 2024-06-3043,230,183shares182

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-0.04USD/shares91
2025-01-01 to 2025-06-30-0.07USD/shares181
2024-04-01 to 2024-06-30-0.05USD/shares91
2024-01-01 to 2024-06-30-0.5USD/shares182

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-0.04USD/shares91
2025-01-01 to 2025-06-30-0.07USD/shares181
2024-04-01 to 2024-06-30-0.05USD/shares91
2024-01-01 to 2024-06-30-0.5USD/shares182

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-106,217USD91
2025-01-01 to 2025-06-30-169,851USD181
2024-04-01 to 2024-06-30-114,884USD91
2024-01-01 to 2024-06-30-110,083USD182

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2025-06-30164,980USD
At 2024-12-31200,889USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2025-01-01 to 2025-06-300USD181
2024-01-01 to 2024-06-3017,210,288USD182

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-1,768,694USD91
2025-01-01 to 2025-06-30-2,924,198USD181
2024-04-01 to 2024-06-30-2,399,569USD91
2024-01-01 to 2024-06-30-21,280,308USD182

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2025-06-3021,541,998USD
At 2024-12-3120,949,859USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2025-04-01 to 2025-06-30362,637USD91
2025-01-01 to 2025-06-30732,040USD181
2024-04-01 to 2024-06-30384,866USD91
2024-01-01 to 2024-06-30769,229USD182

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2025-06-3039,798,352USD
At 2024-12-3134,740,022USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2025-06-303,909,408USD
At 2024-12-312,665,721USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2025-06-300USD
At 2024-12-310USD
At 2023-12-317,584,779USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2025-06-303,454,987USD
At 2024-12-314,231,575USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2025-04-01 to 2025-06-302,373,255USD91
2025-01-01 to 2025-06-304,947,830USD181
2024-04-01 to 2024-06-302,987,652USD91
2024-01-01 to 2024-06-3021,403,984USD182

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2025-06-301,586,494USD
At 2024-12-311,302,568USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2025-04-01 to 2025-06-30604,561USD91
2025-01-01 to 2025-06-302,023,632USD181
2024-04-01 to 2024-06-30588,083USD91
2024-01-01 to 2024-06-30123,676USD182

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2025-04-01 to 2025-06-306,278,443USD91
2025-01-01 to 2025-06-3011,786,841USD181
2024-04-01 to 2024-06-303,866,218USD91
2024-01-01 to 2024-06-3010,094,699USD182

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2025-06-3048,590,542shares
At 2024-12-3145,270,860shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2025-06-302,194,206USD
At 2024-12-311,063,077USD
At 2024-06-301,673,354USD
At 2023-12-312,893,816USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2025-06-3095,049,950USD
At 2024-12-3191,889,317USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2025-06-30-1,445,784USD
At 2024-12-31-1,449,192USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2025-06-302,420,513USD
At 2024-12-313,178,978USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2025-06-302,513,863USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2025-06-306,057,531USD
At 2024-12-316,050,455USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2025-06-305,892,551USD
At 2024-12-315,849,566USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2025-06-30917,591USD
At 2024-12-31926,347USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2025-06-301,654,261USD
At 2024-12-312,105,538USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2025-06-301,121,244USD
At 2024-12-31626,820USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-2,004,994USD91
2025-01-01 to 2025-06-30-3,364,870USD181
2024-04-01 to 2024-06-30-2,279,108USD91
2024-01-01 to 2024-06-30-21,546,094USD182

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2025-01-01 to 2025-06-30-3,195,018USD181
2024-01-01 to 2024-06-30-21,436,011USD182

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-1,896,148USD91
2025-01-01 to 2025-06-30-3,191,611USD181
2024-04-01 to 2024-06-30-2,228,801USD91
2024-01-01 to 2024-06-30-21,708,545USD182

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2025-04-01 to 2025-06-302,302,564USD91
2025-01-01 to 2025-06-304,798,127USD181
2024-04-01 to 2024-06-302,900,745USD91
2024-01-01 to 2024-06-3021,151,855USD182

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2025-04-01 to 2025-06-3016,000USD91
2025-01-01 to 2025-06-3036,000USD181
2024-04-01 to 2024-06-3025,000USD91
2024-01-01 to 2024-06-3049,000USD182

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2025-04-01 to 2025-06-3069,620USD91
2025-01-01 to 2025-06-30128,706USD181
2024-04-01 to 2024-06-30-97,069USD91
2024-01-01 to 2024-06-30-305,757USD182

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-236,300USD91
2025-01-01 to 2025-06-30-440,672USD181
2024-04-01 to 2024-06-30120,461USD91
2024-01-01 to 2024-06-30-265,786USD182

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2025-04-01 to 2025-06-30-106,217USD91
2025-01-01 to 2025-06-30-169,851USD181
2024-04-01 to 2024-06-30-114,884USD91
2024-01-01 to 2024-06-30-110,083USD182

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2025-01-01 to 2025-06-30-188,733USD181
2024-01-01 to 2024-06-3057,801USD182

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2025-01-01 to 2025-06-30362,193USD181
2024-01-01 to 2024-06-30820,746USD182

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2025-01-01 to 2025-06-3014,230USD181
2024-01-01 to 2024-06-302,000USD182

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2025-01-01 to 2025-06-3069,000,000,000USD181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2025-01-01 to 2025-06-30-818,816USD181
2024-01-01 to 2024-06-30386,812USD182

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2025-01-01 to 2025-06-30287,426USD181
2024-01-01 to 2024-06-30266,297USD182

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2025-01-01 to 2025-06-301,178,687USD181
2024-01-01 to 2024-06-30-1,271,873USD182

Inspect the source

Entity
SolarMax Technology, Inc. / CIK 0001519472
Captured
2026-09-20T09:14:27.028Z
SEC response SHA-256
3e6864d006383336c26fba89221749cea450fc3b9e5b66f392aac0b68ca76517

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001519472.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))