Highest-materiality recent filing
SolarMax Q1 revenue $14.8M (+114% YoY); net loss narrows to $0.3M
Revenue of $14.8M, up 114% from $6.9M in Q1 2025.
SolarMax Tech reports FY2025 revenue of $91M, up 296% YoY; net loss narrows to $6.3M
Revenue $91.0M vs $23.0M in FY2024; gross profit $4.2M, up 83% YoY.
SolarMax receives Nasdaq deficiency notice for bid price below $1
Received Nasdaq notice on March 3, 2026 for failing minimum $1 bid price requirement.
SolarMax signs three BESS EPC contracts totaling ~$416M; two in Puerto Rico, one in Texas
Naguabo BESS (Puerto Rico) 320 MWh; contract revenue ~$122.3M; SolarMax gets 9% membership interest.
SolarMax Q3 revenue surges 383% to $30.6M; net loss narrows to $2.3M
Revenue $30.6M, up 383% YoY from $6.3M, driven by Texas battery storage EPC project.
SolarMax issues 5.7M shares at $0.74-$0.83 each, raising $4.38M for working capital
Issued 5,712,402 shares to five investors at 75% of market price ($0.74-$0.83/share).
SolarMax Q2 revenue up 53% to $6.9M; net loss narrows; announces $127M EPC contract
Revenue $6.9M (+53% YoY); gross profit $605K (+2.9%); operating expenses down 20% to $2.4M.
SolarMax subsidiary signs $127.3M EPC contract for 430 MWh Texas BESS
EPC contract with Longfellow BESS I LLC for a 430 MWh battery storage facility in Pecos County, TX; revenue ~$127.3M.
On March 18, 2026, Steve Chen resigned as a director of SolarMax Technology, Inc. (the “Company”) for reasons of health.
Max materiality 0.85 · Median 0.60 · Most common event other_material