The SolarMax Technology, Inc. (Nasdaq: SMXT) SEC filings page provides access to the company’s official regulatory documents as filed with the U.S. Securities and Exchange Commission. SolarMax is a Nevada corporation in the solar and renewable energy sector, and its filings offer detail on operations in the United States and China, corporate governance, equity issuances, and financial reporting.
Annual and quarterly reporting is available through Forms 10-K and 10-Q, which describe segment activities such as the sale and installation of photovoltaic and battery backup systems in the U.S. and the operation and maintenance of solar farm projects in China. These reports also discuss topics like goodwill impairment related to the China segment and the company’s emphasis on solar energy systems as a primary revenue source.
Current reports on Form 8-K document material events, including the release of quarterly and annual financial results and unregistered sales of equity securities. For example, SolarMax has filed 8-Ks to furnish press releases announcing results for specific quarters and to report board-approved issuances of common stock, with proceeds described as being used for working capital.
Proxy statements on Schedule 14A (DEF 14A) provide information about the annual meeting of stockholders, proposals such as the election of directors and ratification of the independent registered public accounting firm, and details on board structure, committees, and executive compensation. These documents also explain stockholder voting procedures and meeting logistics.
On this page, users can review SolarMax’s 10-K, 10-Q, 8-K, and DEF 14A filings as they are made available through EDGAR. AI-powered summaries help explain the key points in each filing, highlight significant disclosures about projects and segments, and make lengthy documents more accessible for readers who want to understand how SolarMax presents its business and governance in its official reports.
SolarMax Technology, Inc. (SMXT) reported second-quarter 2026 revenue of $10.2 million, up 49% from $6.9 million in the second quarter of 2025, and gross profit of $2.4 million, up 299% from $605,000. Total operating expense was $6.9 million, compared with $2.4 million a year earlier, and included a one-time $4.3 million legal judgment expense relating to the China segment.
Net loss was $4.7 million, or $0.98 per share, compared with a $1.9 million net loss, or $0.50 per share, in the prior-year quarter. SolarMax said it remains focused on engineering, procurement and construction (EPC) projects, cost management, and pursuing opportunities in large-scale energy storage. Its stated growth initiatives include scaling commercial solar development services, providing industrial EPC services and LED lighting solutions in the U.S., and expanding residential solar operations.
SolarMax Technology, Inc. reported second-quarter 2026 revenue of $10,243,612, compared with $6,883,004 a year earlier, while net loss was $4,655,699 versus $1,898,777. For the six months ended June 30, 2026, operating cash flow was negative $5,156,405, compared with negative $380,432 in 2025.
At June 30, 2026, cash and cash equivalents were $2,158,233, the working capital deficit was approximately $1.2 million, and $13.7 million of convertible notes were in default. SolarMax said recurring operating losses, negative operating cash flow and other factors raise substantial doubt about its ability to continue as a going concern. Management believes cash, receivable collections and anticipated operating cash flow will cover working-capital needs for at least one year, excluding approximately $20.7 million of debt due in the next 12 months.
A one-for-12 reverse split became effective August 13, 2026, reducing outstanding common shares from 56,906,572 to 4,742,167. The common stock’s closing bid was at least $1.00 for ten consecutive business days before August 31, 2026; a separate $35.0 million Nasdaq market-value requirement has a December 21, 2026 compliance deadline.
SolarMax Technology, Inc. (SMXT) reported that Nasdaq notified the company on August 20, 2026 that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not filed its Form 10-Q for the quarter ended June 30, 2026. Under Nasdaq rules, SolarMax has 60 calendar days, until October 19, 2026, to submit a plan to regain compliance. If Nasdaq accepts this plan, it may grant an exception of up to 180 days from the Form 10-Q due date, potentially extending the cure period to February 16, 2027. The disclosure emphasizes that the continued listing of the company’s common stock on Nasdaq is a key risk factor.
SolarMax Technology, Inc. filed a Form 12b-25 to notify a delay in filing its Form 10-Q for the quarter ended June 30, 2026. Management cites the need for additional time to resolve an ASC 606 (Revenue from Contracts with Customers) revenue-recognition analysis and to allow its independent registered public accounting firm to complete its review.
Based on preliminary results, the company expects to report a loss of approximately $0.4 million for the three months and $0.7 million for the six months ended June 30, 2026, compared with losses of $1.9 million and $3.2 million for the same periods in 2025. These figures are described as preliminary estimates and may change once the ASC 606 analysis and full reporting process are completed.
SolarMax Technology approved a 1-for-12 reverse stock split of its common stock, effective at 12:01 a.m. Eastern Time on August 13, 2026, with shares beginning to trade on a reverse split-adjusted basis that day on the Nasdaq Capital Market under the symbol SMXT.
The action reduces authorized common stock from 297,225,000 shares to 24,768,750 shares and outstanding common stock from 56,906,572 shares to approximately 4,742,215 shares, with cash paid in lieu of fractional shares. Ownership percentages remain essentially unchanged aside from fractional-share adjustments, and proportional changes apply to options and convertible notes.
The reverse split is intended to support efforts to regain compliance with Nasdaq’s $1.00 minimum bid price requirement before the August 31, 2026 compliance deadline. SolarMax also faces a separate Nasdaq deficiency for not meeting the $35 million minimum market value of listed securities requirement, with a compliance deadline of December 21, 2026, which the reverse split does not address.
SolarMax Technology, Inc. approved a one-for-12 reverse split of its common stock. The board of directors approved this action on July 26, 2026, affecting shares of common stock with a par value of $0.001 per share.
In connection with the reverse split, the authorized shares of common stock will be reduced from 297,225,000 to 24,768,750. Fractional shares resulting from the reverse split will not be issued; instead, holders will receive cash in lieu of fractional shares based on the closing price on the effective date, consistent with Nevada law when authorized shares are reduced in the same ratio as the split.
SolarMax Technology, Inc. reported that it received a Nasdaq Capital Market notice on June 22, 2026 for failing to meet the continued listing requirement that its market value of listed securities be at least $35 million. The company has 180 calendar days, until December 21, 2026, to regain compliance by maintaining a market value of listed securities of at least $35 million for a minimum of ten consecutive business days. If SolarMax does not regain compliance by that date, its securities will become subject to delisting. This new notice comes in addition to a previously announced Nasdaq notice that the company failed to maintain the required minimum bid price of $1.00 per share.
SolarMax Technology, Inc. reported that director Steve Chen resigned from its board on March 18, 2026 for reasons of health. Chen also stepped down from the board’s Corporate Governance and Nominating Committee. The company remains listed on The Nasdaq Stock Market under the symbol SMXT.
SolarMax Technology reported strong year-over-year improvement for the three months ended March 31, 2026. Revenue rose to $14.8 million, up 114% from $6.9 million a year earlier, driven largely by engineering, procurement and construction services for its first large-scale energy storage initiative.
Gross profit increased to $3.0 million, up 115% from $1.4 million, while total operating expenses rose modestly to $3.0 million from $2.6 million. The company reduced its net loss to $0.3 million, or $0.01 per share, improving from a $1.3 million loss, or $0.03 per share, in the prior-year quarter.
Management highlighted continued execution across its EPC platform and growing demand for integrated solar and storage infrastructure, and stated it remains focused on expanding its project pipeline and positioning the business for long-term growth.