{"schema_version":"secwatch.filing_event.v1","accession":"0001640334-24-001744","form_type":"8-K","ticker":"SMXT","cik":"0001519472","company_name":"SolarMax Technology, Inc.","filed_at":"2024-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.671632+00:00","generated_at":"2026-05-29T23:00:11.261070+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SolarMax Q3 2024 revenue down 56% to $6.3M, net loss $9.6M on $7.5M goodwill impairment","bullets":["Revenue of $6.3M, down from $14.3M in Q3 2023; gross profit $1.3M vs $4.0M.","Net loss $9.6M ($0.21 per share) vs net income $1.5M ($0.04 per share) a year ago.","Operating expense $11.3M included $7.5M goodwill impairment for China segment with no revenue since 2022.","CEO cited California regulatory changes and high interest rates as headwinds; Q3 2023 benefited from pre-regulation surge.","Company focusing on commercial solar expansion but unable to predict impact of federal renewable energy policies."],"urls":{"canonical":"https://secwatch.observer/filing/0001640334-24-001744","json":"https://secwatch.observer/filing/0001640334-24-001744.json","markdown":"https://secwatch.observer/filing/0001640334-24-001744.md","text":"https://secwatch.observer/filing/0001640334-24-001744.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1519472/000164033424001744/0001640334-24-001744-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1519472/000164033424001744/solarmax_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T23:00:11.261070+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}