SolarMax Technology is shifting its operational focus to engineering, procurement, and construction (EPC) of commercial battery energy storage system (BESS) projects following slowed residential solar sales caused by regulatory changes. The Q1 2026 filing underscores serious liquidity pressures, including substantial debt defaults and a working capital deficit, raising going concern doubts. Despite this, management plans to leverage its EPC expertise and expand its commercial customer base in the United States. Key near-term milestones include negotiating debt exchanges and executing major BESS contracts in Texas and Puerto Rico.