SMXT · SolarMax Technology, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“As a result of the above, there is substantial doubt regarding the Company’s ability to continue as a going concern within one year from the date of issuance of these financial statements.”View the 10-Q filed May 15, 2026
Key customers — 99% of revenue (the year ended December 31, 2025)
“$45.8 million, or 99.0% of contract assets (see Note 8)”
One customer — 66.1% of revenue (the year ended December 31, 2025)
“For the years ended December 31, 2025, one customer, Longfellow, accounted for $60.2 million, or 66.1%, of revenues”
One customer — 72.4% of receivables (the year ended December 31, 2025)
“$9.4 million, or 72.4%,of accounts receivable”
Press releases and events scraped from the company's investor relations website. Past events open our own call or event page when we host one; otherwise listings link to the original source.
Past events
| Date | Event | Type |
|---|---|---|
| 2025-08-14 | SolarMax Technology Reports Second Quarter 2025 Financial Results | Event |
Source: https://solarmaxtech.com/ir