Solarmax, a German inverter and battery storage systems specialist with more than 30 years of experience, is facing insolvency. Last week, a German district court opened preliminary insolvency ...

The company raised $18 million through an IPO in February, but operating cash flow was negative $6.4 million in Q1 2024 alone. The shareholders’ equity is in the red and I think that SolarMax ...

SolarMax Technology (NASDAQ:SMXT) +58% pre-market Tuesday after saying it was awarded an engineering, procurement and construction agreement with Longfellow BESS I LLC for a new utility-scale battery ...

Revenue: $6.9 million, compared with $5.8 million in the first quarter of 2024. Gross profit: $1.4 million, compared with ($0.5) million in the first quarter of 2024. Cost of revenues in the first ...