For the quarter ending 2026-03-31, SMXT made $14,830,617 in revenue. -$306,684 in net income. Net profit margin of -2.07%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenues | 14,830,617 | 46,569,474 | 30,602,588 | 6,883,004 |
| Cost of revenues | 11,784,049 | 45,319,186 | 29,646,380 | 6,278,443 |
| Gross profit | 3,046,568 | 1,250,288 | 956,208 | 604,561 |
| General and administrative | 2,907,745 | 2,443,286 | 2,918,283 | 2,302,564 |
| Selling and marketing | 42,627 | 70,845 | 146,157 | 70,691 |
| Asset impairment | - | - | 0 | - |
| Goodwill impairment loss | - | 0 | - | - |
| Total operating expense | 2,950,372 | 2,514,131 | 3,064,440 | 2,373,255 |
| Operating income (loss) | 96,196 | -1,263,843 | -2,108,232 | -1,768,694 |
| Interest income | 10,947 | 72,503 | 120,067 | 226,664 |
| Gain (loss) on early termination of lease | - | 0* | 0 | 0 |
| Interest expense | 298,065 | 278,315 | 355,850 | 362,637 |
| Equity in income (loss) of solar project companies | - | - | 169,303 | 144,006 |
| Equity in income (loss) of unconsolidated companies | -239,650 | 63,381* | - | - |
| Loss (gain) on debt extinguishment | 40,231 | -108,906* | -662,266 | -313,953 |
| Other income (expense, net) | 77,336 | 193,722 | 63,363 | 69,620 |
| Total other income (expense, net) | -409,201 | -57,615 | -665,383 | -236,300 |
| Income (loss) before income taxes | -313,005 | -1,321,458 | -2,773,615 | -2,004,994 |
| Income tax provision (benefit) | -6,321 | -449,213 | -515,511 | -106,217 |
| Net income (loss) | -306,684 | -872,245 | -2,258,104 | -1,898,777 |
| Basic EPS | -0.01 | -0.033* | -0.04 | -0.04 |
| Diluted EPS | -0.01 | -0.015 | -0.04 | -0.04 |
| Basic Average Shares | - | - | 52,711,070 | 45,824,048 |
| Diluted Average Shares | 56,184,348 | 56,954,188 | 52,711,070 | 45,824,048 |
SolarMax Technology, Inc. (SMXT)
SolarMax Technology, Inc. (SMXT)