Here are the 10-Q quarterly reports from XMAX, Inc. (XMAX) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow XMAX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full XMAX filings page.
XMax Inc. reported a sharp swing to profitability for the six months ended June 30, 2026, driven by a large unrealized gain on a fund investment. Net income was $32.6 million versus a net loss of $0.6 million a year earlier, or $0.62 per share versus a loss of $0.05.
Total revenue declined to $4.5 million from $5.2 million, as residential and commercial furniture sales fell, partly offset by $1.1 million from a new API-based AI services segment. Operations posted a loss of $1.8 million, but a $42.9 million unrealized gain on the Preamble Capital LLC fund and related deferred tax expense of $7.8 million dominated results. Cash and cash equivalents rose to $34.6 million, supported by $45.7 million of equity issuance, while net cash used in operating activities was $4.3 million. Total assets increased to $121.1 million, with stockholders’ equity at $106.3 million.