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Sales on
non-installment basis
$7,210,364
(135.80%↑ Y/Y)
Large-scale epc contracts
$5,200,452
Third-party leasing
arrangements
$866,803
(-68.14%↓ Y/Y)
Solar lease revenues
$13,472
Solar power purchase
agreement revenues
$2,841
Total solar energy and
battery storage systems
$13,293,932
(129.35%↑ Y/Y)
Led projects
$1,482,946
(40.01%↑ Y/Y)
Financing related
$53,739
(-25.26%↓ Y/Y)
Revenues
$14,830,617
(114.08%↑ Y/Y)
Net income (loss)
-$306,684
(76.34%↑ Y/Y)
Income tax provision
(benefit)
-$6,321
(90.07%↑ Y/Y)
Gross profit
$3,046,568
(114.69%↑ Y/Y)
Cost of revenues
$11,784,049
(113.93%↑ Y/Y)
Income (loss) before
income taxes
-$313,005
(76.98%↑ Y/Y)
Operating income (loss)
$96,196
(108.33%↑ Y/Y)
Total operating
expense
$2,950,372
(14.60%↑ Y/Y)
Total other income
(expense, net)
-$409,201
(-100.22%↓ Y/Y)
Other income
(expense, net)
$77,336
(30.89%↑ Y/Y)
Loss (gain) on debt
extinguishment
$40,231
Interest income
$10,947
(-90.89%↓ Y/Y)
General and
administrative
$2,907,745
(16.52%↑ Y/Y)
Selling and marketing
$42,627
(-46.05%↓ Y/Y)
Interest expense
$298,065
(-19.31%↓ Y/Y)
Equity in income (loss)
of unconsolidated...
-$239,650
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Income Statement
SolarMax Technology, Inc. (SMXT)
SolarMax Technology, Inc. (SMXT)
source: myfinsight.com