SolarMax Technology reported cash from operations of -$4.19M and free cash flow of -$4.19M for the quarter ended Mar 2026, down 596.5% year over year. This cash flow statement covers 13 quarters of results from Mar 2023 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Net Income | 0.74M | -1.86M | 1.47M | 0.08M | -19.27M | -2.16M | -9.62M | -3.90M | -1.30M | -1.90M | -2.26M | -0.87M | -0.31M |
| Share-based CompensationStock Comp. | -0.03M | 340.00 | 413.00 | 169.00 | 17.21M | 6.20M | 6.20M | 6.19M | 6.19M | 6.19M | |||
| Deferred Taxes | -0.21M | 0.21M | 0.22M | -0.30M | -0.00M | 0.06M | 0.06M | 1.72M | -0.07M | -0.12M | -0.68M | -0.54M | -0.03M |
| Asset Writedowns and ImpairmentWritedown | 0.14M | 0.02M | -0.09M | -0.01M | 0.06M | 0.01M | -0.05M | 7.48M | 0.01M | -0.05M | -0.02M | 0.01M | -0.07M |
| Cash from OperationsCash from Ops. | 2.36M | -3.75M | 0.99M | 4.48M | -6.40M | -1.62M | 0.20M | -1.31M | -0.60M | 0.22M | 3.40M | -2.52M | -4.19M |
| Depreciation, Depletion & Amortization | |||||||||||||
| Amortizatization of IntangiblesAmort. of Intangibles | 0.36M | 0.35M | 0.36M | 0.36M | 0.37M | 0.36M | 0.37M | 0.37M | 0.38M | 0.38M | 0.39M | 0.39M | 0.26M |
| Amortization of Deferred ChargesAmort. Deferred Charges | 0.05M | 0.05M | 0.05M | 0.05M | 0.05M | 0.05M | 0.05M | -0.15M | 0.03M | 0.02M | 0.03M | -0.09M | |
| Depreciation & Amortization (CF)Dep. & Amort. | 0.05M | 0.05M | 0.04M | 0.04M | 0.02M | 0.02M | 0.02M | 0.01M | 0.02M | 0.02M | 0.01M | 0.01M | 0.01M |
| Change in Working Capital | |||||||||||||
| Change in ReceivablesChange Receivables | -0.98M | 0.27M | -0.03M | -0.80M | -0.11M | 0.50M | -0.82M | 0.65M | 0.04M | -0.86M | -8.28M | 17.80M | -0.66M |
| Change in InventoryChange Inventory | -0.50M | -0.77M | -0.37M | -0.32M | -0.06M | 0.32M | -0.05M | -0.21M | 1.01M | -0.72M | -0.34M | ||
| Change in Account PayablesChange Payables | -0.52M | 2.05M | -0.12M | -0.26M | -1.34M | 0.07M | 0.63M | -0.08M | 1.28M | -0.10M | 22.16M | 33.56M | 1.40M |
| Change in Accured ExpensesChange Accured Exp. | 2.07M | -3.94M | -1.68M | 0.88M | -3.76M | 0.63M | 0.04M | -0.62M | -0.17M | 1.08M | -0.10M | 1.11M | 3.61M |
| Other Working Capital ChangesOther WC Changes | 4.31M | 0.74M | -1.42M | -7.67M | 0.07M | -0.95M | -0.00M | -0.25M | -0.39M | 0.72M | 2.64M | ||
| Investing Activities | |||||||||||||
| Sales of Property, Plant and EquipmentPP&E (Sale) | 0.02M | -267.00 | -325.00 | -133.00 | 0.01M | 0.01M | |||||||
| Acquisitions | 6.87M | -0.08M | -0.10M | -0.04M | |||||||||
| Change in Acquisitions & DivestmentsChange Acquisitions | 0.09M | ||||||||||||
| Cash from Investing ActivitiesCash from Investing | 0.02M | -0.03M | -325.00 | -133.00 | -6.99M | -0.69M | -0.02M | 1.38M | 0.09M | 0.04M | 0.50M | 5.20M | 0.55M |
| Financing Activities | |||||||||||||
| Other financing activitiesOther financing | 18.60M | -0.02M | 0.37M | 0.50M | -0.50M | 4.75M | 1.10M | ||||||
| Cash from Financing ActivitiesCash from Financing | 2.04M | -1.40M | -0.62M | -5.34M | 15.57M | -1.36M | -0.36M | -0.55M | 0.38M | 1.18M | -0.07M | -0.33M | -0.01M |
| Change in Capital Stock | |||||||||||||
| Net Shares Issued and RepurchasedNet Shares Issued | 5.04M | 0.37M | 0.00M | 0.01M | |||||||||
| Net Equity Issued and RepurchasedNet Equity Issued | 20.00M | ||||||||||||
| Additional items | |||||||||||||
| Exchange Rate EffectFX Effect | -0.06M | 0.66M | -0.20M | -0.43M | 0.21M | 0.05M | -0.35M | 0.39M | -0.06M | -0.12M | -0.02M | -0.10M | -0.01M |
| Change in Cash | 4.36M | -4.52M | 0.17M | -1.30M | 2.39M | -3.61M | -0.52M | -0.09M | -0.19M | 1.32M | 3.81M | 2.25M | -3.66M |
| Free Cash FlowFCF | 2.36M | -3.75M | 0.99M | 4.48M | -6.40M | -1.62M | 0.20M | -1.31M | -0.60M | 0.22M | 3.40M | -2.52M | -4.19M |
| Net Cash FlowNCF | 4.42M | -5.17M | 0.38M | -0.86M | 2.19M | -3.67M | -0.18M | -0.48M | -0.13M | 1.44M | 3.83M | 2.35M | -3.65M |