# XMax Inc. (XMAX)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/xmax-inc/ JSON: https://steadybase.io/company/xmax-inc.json Checked Nov 10, 2026. Latest filing read: Aug 14, 2026.

## Company

- Legal name: XMax Inc.
- Ticker: XMAX (Nasdaq)
- SEC CIK: 0001473334
- Industry: Household Furniture (SIC 2510)
- Headquarters: Commerce, CA
- Fiscal year ends: December 31
- SEC filer category: Non-accelerated filer<br>Smaller reporting company
- Website: topgreen-tech.com
- LinkedIn: https://www.linkedin.com/company/xmaxvaporizer
- Next earnings date: Nov 16, 2026

## Key facts

- Revenue: $16.7M for the fiscal year ended Dec 31, 2025 (10-K filed Apr 15, 2026). Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226016828/0001493152-26-016828-index.html
- Operating income: -$1.9M for the fiscal year ended Dec 31, 2025 (10-K filed Apr 15, 2026). Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226016828/0001493152-26-016828-index.html
- Net income: -$3.4M for the fiscal year ended Dec 31, 2025 (10-K filed Apr 15, 2026). Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226016828/0001493152-26-016828-index.html
- SG&A: $4.7M for the fiscal year ended Dec 31, 2025 (10-K filed Apr 15, 2026). Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226016828/0001493152-26-016828-index.html
- Employees: 22 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226016828/form10-k.htm
- Shares outstanding: 64,523,426 as of Aug 12, 2026 (10-Q filed Aug 14, 2026). Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226038444/0001493152-26-038444-index.html
- Auditor: Enrome LLP, Singapore, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226016828/form10-k.htm

## Business

XMax Inc. (the “Company”), formerly known as Nova LifeStyle, Inc.-headquartered innovative designer and distributor of contemporary styled residential and commercial furniture incorporated into a dynamic marketing and sales platform offering retail as well as online selection and global purchase fulfillment. We were incorporated in the State of Nevada on September 9, 2009. The Company’s products are marketed through wholesale and retail channels as well as various online platforms worldwide.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1473334/000149315226016828/form10-k.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Dec 31, 2025 | $16.7M | -$1.9M | -$3.4M | $4.7M |
| Dec 31, 2024 | $9.7M | -$5.4M | -$5.6M | $6.1M |
| Dec 31, 2023 | $11.1M | -$6.4M | -$7.7M | $5.1M |
| Dec 31, 2022 | $12.7M | -$16.2M | -$17.1M | $5.5M |
| Dec 31, 2021 | $12.6M | -$3.9M | -$20.0M | $5.7M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/xmax-inc.json

## Officers and directors

- Andy Lu, Chief Executive Officer of XMax. Source: 8-K filed Nov 3, 2026, https://www.sec.gov/Archives/edgar/data/1473334/000149315226049815/ex99-1.htm
- Xiaohua Lu, Chief Executive Officer. Source: Form 3 filed May 14, 2026, https://www.sec.gov/Archives/edgar/data/1473334/000149315226023121/0001493152-26-023121-index.htm
- Yizhou Zhao, Chief Operating Officer. Source: Form 3 filed May 14, 2026, https://www.sec.gov/Archives/edgar/data/1473334/000149315226023120/0001493152-26-023120-index.htm
- Jeffery Chuang, Named in proxy. Source: DEF 14A filed Oct 5, 2026, https://www.sec.gov/Archives/edgar/data/1473334/000149315226045683/formdef14a.htm
- Matthew Beck, Board member (per proxy). Source: DEF 14A filed Oct 5, 2026, https://www.sec.gov/Archives/edgar/data/1473334/000149315226045683/formdef14a.htm
- Ming-Cherng Sky Tsai, Board member (per proxy). Source: DEF 14A filed Oct 5, 2026, https://www.sec.gov/Archives/edgar/data/1473334/000149315226045683/formdef14a.htm
- Steven Zhao, Board member (per proxy). Source: DEF 14A filed Oct 5, 2026, https://www.sec.gov/Archives/edgar/data/1473334/000149315226045683/formdef14a.htm
- Umesh Patel, Board member (per proxy). Source: DEF 14A filed Oct 5, 2026, https://www.sec.gov/Archives/edgar/data/1473334/000149315226045683/formdef14a.htm
- Wen Tao, Board member (per proxy). Source: DEF 14A filed Oct 5, 2026, https://www.sec.gov/Archives/edgar/data/1473334/000149315226045683/formdef14a.htm

## Recent 8-K events

- Nov 4, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226049967/form8-k.htm
- Nov 3, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226049815/form8-k.htm
- Nov 3, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226049714/form8-k.htm
- Nov 2, 2026: Item 1.01, Entry into a material definitive agreement; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226049569/form8-k.htm
- Oct 13, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226046838/form8-k.htm
- Oct 9, 2026: Item 1.01, Entry into a material definitive agreement; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226046545/form8-k.htm
- Sep 15, 2026: Item 3.01, Notice of delisting or failure to meet listing standards. Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226042760/form8-k.htm
- Sep 3, 2026: Item 1.01, Entry into a material definitive agreement; Item 3.02, Unregistered sales of equity securities; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226041384/form8-k.htm
- Aug 25, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226040057/form8-k.htm
- Aug 12, 2026: Item 1.01, Entry into a material definitive agreement; Item 2.01, Completion of acquisition or disposition of assets; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226037394/form8-k.htm

## What management said

- "The third quarter was a period of transition for XMax as we continued to build our AI business alongside our furniture distribution business" Andy Lu, Chief Executive Officer of XMax (8-K filed Nov 3, 2026). Source: https://www.sec.gov/Archives/edgar/data/1473334/000149315226049815/ex99-1.htm

## Latest filings

- 8-K filed Nov 3, 2026: https://www.sec.gov/Archives/edgar/data/1473334/000149315226049815/form8-k.htm
- 10-K filed Apr 15, 2026: https://www.sec.gov/Archives/edgar/data/1473334/000149315226016828/form10-k.htm
- 10-Q filed Aug 14, 2026: https://www.sec.gov/Archives/edgar/data/1473334/000149315226038444/form10-q.htm
- DEF 14A filed Oct 5, 2026: https://www.sec.gov/Archives/edgar/data/1473334/000149315226045683/formdef14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/