Xmax Inc. balance sheet XMAX

Annual Quarterly

As of Jun 30, 2026, Xmax Inc. had total assets of $121.1 million and total liabilities of $14.8 million. Total assets were up 240.6% from a year earlier. Stockholders' equity was $106.3 million. It held $108.4 million in cash and investments against $268,830 of total debt, net cash of $108.2 million. The current ratio, current assets divided by current liabilities, was 28.80.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the same quarter a year earlier.

Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Q1 FY2025
Mar 31, 2025
Q4 FY2024
Dec 31, 2024
Q3 FY2024
Sep 30, 2024
Assets
Cash
35
+7285.8%
10
+6628.6%
7
+4043.5%
2
+956.4%
0
+29.0%
0
-46.1%
0
-56.1%
0
-78.3%
Long-term investments
74
27
23
5
—
—
—
—
Cash and investments
108
+23031.7%
37
+24923.0%
30
+18314.2%
7
+4037.4%
0
+29.0%
0
-46.1%
0
-56.1%
0
-78.3%
Receivables
3
+8828.2%
2
+3693.4%
2
+6623.1%
8
+6158.6%
0
-19.6%
0
-52.3%
0
-22.6%
0
+85.1%
Inventory
2
+22.6%
2
-21.3%
2
-23.4%
2
-51.5%
2
-26.0%
2
-16.2%
3
+27.6%
—
Total current assets
47
+358.3%
20
+90.3%
12
+48.6%
12
+292.8%
10
+175.9%
10
+165.9%
8
+111.5%
3
-14.2%
Property and equipment, net
0
-89.8%
0
-91.7%
0
-91.3%
0
-18.4%
0
-7.3%
0
-10.5%
0
-12.3%
0
-9.1%
Goodwill
—
—
—
—
—
—
0
+0.0%
0
+0.0%
Total assets
121
+240.6%
47
+295.2%
36
+258.4%
18
+261.5%
36
+512.5%
12
+93.0%
10
+59.0%
5
-40.6%
Liabilities and equity
Accounts payable
0
+198.7%
0
-54.8%
0
-55.1%
1
+35.4%
0
-46.6%
0
-50.3%
1
+69.4%
0
-5.6%
Total current liabilities
2
-63.7%
2
-65.2%
2
-58.9%
4
+0.3%
4
+11.2%
4
+0.7%
6
+57.9%
4
+87.2%
Total liabilities
15
+190.5%
7
+31.7%
8
+11.7%
5
-21.0%
5
-11.6%
5
-17.2%
7
+18.3%
6
+30.3%
Stockholders' equity
106
+1523.7%
40
+495.6%
28
+795.1%
14
+1616.2%
7
+13480.2%
7
+15950.1%
3
+529.3%
-1
-122.7%
Debt
Lease liabilities
0
-76.7%
0
-67.7%
1
-60.3%
1
-43.3%
1
-27.9%
1
-21.6%
2
-18.9%
1
-33.2%
Total debt
0
-76.7%
0
-67.7%
1
-60.3%
1
-43.3%
1
-27.9%
1
-21.6%
2
-18.9%
1
-33.2%
Net cash
108
+15851.0%
36
+3012.0%
29
+2139.1%
6
+566.4%
-1
+44.6%
-1
+17.2%
-1
+10.3%
-1
+8.9%
Ratios
Current ratio
28.80x
12.96x
4.92x
2.78x
2.28x
2.37x
1.36x
0.71x
Debt to equity
0.00x
0.01x
0.02x
0.06x
0.18x
0.21x
0.51x
—
Return on equity
28.06%
-7.16%
-12.23%
-20.79%
-63.61%
-65.51%
-178.06%
—
Return on assets
24.64%
-6.13%
-9.62%
-15.45%
-11.71%
-37.20%
-56.08%
-181.21%
Book value per share
1.66
0.75
0.67
0.40
0.48
0.49
0.43
-0.24
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry
Household Furniture (SIC 2510)
Listed as
XMAX (Nasdaq)
Fiscal year ends
December 31
Incorporated in
NV
Headquarters
Commerce, CA
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
1473334
Former names
Nova Lifestyle, Inc. (until Nov 4, 2025); Stevens Resources, Inc. (until May 11, 2011)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.