SolarMax Technology, Inc. $SMXT

What the company doesAI summary of filing

SolarMax Technology, Inc. is an integrated solar and renewable energy company founded in 2008 that designs, installs, and sells photovoltaic solar energy systems and battery systems, primarily for residential and commercial customers in the United States, with operations focused in California. Since the third quarter of 2025, the company's primary business has been performing engineering, procurement, and construction (EPC) services for large-scale battery energy storage systems (BESS), generating $60.2 million in revenue during 2025 from a 430 megawatt-hour project in Texas. The company generates revenue from the sale and installation of residential and commercial solar systems, LED lighting products and services, financing of solar system purchases through third-party leasing companies, and EPC services for commercial BESS projects. The company is a revenue-generating business that also holds an 8% equity interest in one BESS project and has entered into three additional EPC agreements expected to generate approximately $416.3 million in combined revenues. [10-K 2026-04-06]

Segments: Residential and commercial solar installations, Large-scale battery energy storage systems (BESS), LED products and systems, Equipment leasing and financing