SolarMax Tech Q1 2025: Assets $297.2M, Liabilities $15M
Ticker: SMXT · Form: 10-Q · Filed: May 16, 2025 · CIK: 1519472
| Field | Detail |
|---|---|
| Company | Solarmax Technology, Inc. (SMXT) |
| Form Type | 10-Q |
| Filed Date | May 16, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
**SolarMax Q1 2025: $297M assets, $15M liabilities. Solid financials.**
AI Summary
SolarMax Technology, Inc. filed its Q1 2025 10-Q report on May 16, 2025, for the period ending March 31, 2025. The company reported total assets of $297.2 million and total liabilities of $15 million for the first quarter of 2025. This filing provides an update on the company's financial position and operational performance.
Why It Matters
This report details SolarMax Technology's financial health at the end of Q1 2025, offering insights into its asset base and debt obligations for investors and stakeholders.
Risk Assessment
Risk Level: low — The filing is a routine quarterly report with no immediately apparent significant negative events or disclosures.
Key Numbers
- $297.2B — Total Assets (Financial standing as of Q1 2025)
- $15.0M — Total Liabilities (Financial obligations as of Q1 2025)
Key Players & Entities
- SolarMax Technology, Inc. (company) — Filer of the 10-Q report
- 20250331 (date) — End of the reporting period
- 20250516 (date) — Date the report was filed
- $297,225,000 (dollar_amount) — Total assets as of March 31, 2025
- $15,000,000 (dollar_amount) — Total liabilities as of March 31, 2025
FAQ
What were SolarMax Technology's total assets at the end of the first quarter of 2025?
SolarMax Technology reported total assets of $297,225,000 for the period ending March 31, 2025.
What were SolarMax Technology's total liabilities at the end of the first quarter of 2025?
SolarMax Technology reported total liabilities of $15,000,000 for the period ending March 31, 2025.
When was this 10-Q report filed with the SEC?
This 10-Q report was filed on May 16, 2025.
What is the fiscal year end for SolarMax Technology?
SolarMax Technology's fiscal year ends on December 31.
What is the primary business address for SolarMax Technology?
The primary business address for SolarMax Technology is 3080 12TH STREET, RIVERSIDE, CA 92507.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 16, 2025 regarding SolarMax Technology, Inc. (SMXT).