XMax Inc.
- XMAX · Nasdaq
- Household Furniture
- Commerce, CA
- 22 employees
- CIK 0001473334
Updated from SEC filings through
Top things to know
Revenue, FY2025$16.7M+72.6% vs FY2024Operating margin-11.5%Operating income -$1.9MEmployees22As of December 31, 2025Next earningsNovember 16, 2026AnnouncedLatest 8-KSubmission of matters to a vote of security holdersFiled November 4, 2026Leadership changeItem 5.02 filedOctober 13, 2026, last 90 days
Executives
- Andy Lu Chief Executive Officer of XMax 8-K, 2026-11-03
- Xiaohua Lu Chief Executive Officer 3, 2026-05-14
- Yizhou Zhao Chief Operating Officer 3, 2026-05-14
- Jeffery Chuang Chief Financial Officer DEF 14A, 2026-10-05
What leadership is saying
“The third quarter was a period of transition for XMax as we continued to build our AI business alongside our furniture distribution business”
Earnings press release (8-K Ex. 99.1), filed November 3, 2026
XMax Inc. is a U.S. public company in household furniture (SIC 2510), headquartered in Commerce, CA. It trades as XMAX on Nasdaq. Revenue was $16.7M in the fiscal year ending December 31, 2025, +72.6% from the year before. It reported about 22 employees. Andy Lu is Chief Executive Officer of XMax.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $16.7M 10-K, 2026-04-15 | $9.7M 10-K, 2026-04-15 | $11.1M 10-K, 2025-03-31 | $12.7M 10-K, 2023-04-17 | $12.6M 10-K, 2023-04-17 |
| Operating income | -$1.9M 10-K, 2026-04-15 | -$5.4M 10-K, 2026-04-15 | -$6.4M 10-K, 2025-03-31 | -$16.2M 10-K, 2024-04-15 | -$3.9M 10-K, 2023-04-17 |
| SG&A | $4.7M 10-K, 2026-04-15 | $6.1M 10-K, 2026-04-15 | $5.1M 10-K, 2025-03-31 | $5.5M 10-K, 2024-04-15 | $5.7M 10-K, 2023-04-17 |
| Net income | -$3.4M 10-K, 2026-04-15 | -$5.6M 10-K, 2026-04-15 | -$7.7M 10-K, 2025-03-31 | -$17.1M 10-K, 2024-04-15 | -$20.0M 10-K, 2023-04-17 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Andy Lu | Chief Executive Officer of XMax | 8-K, 2026-11-03 |
| Xiaohua Lu | Chief Executive Officer | 3, 2026-05-14 |
| Jeffery Chuang | Named in proxy bio: Chief Financial Officer | DEF 14A, 2026-10-05 |
| Steven Zhao | Board member (per proxy) bio: Corporate Secretary, Chief Operating Officer and Director | DEF 14A, 2026-10-05 |
| Yizhou Zhao | Chief Operating Officer | 3, 2026-05-14 |
| Matthew Beck | Board member (per proxy) bio: Director | DEF 14A, 2026-10-05 |
| Ming-Cherng Sky Tsai | Board member (per proxy) bio: Director | DEF 14A, 2026-10-05 |
| Umesh Patel | Board member (per proxy) bio: Chairman and Director | DEF 14A, 2026-10-05 |
| Wen Tao | Board member (per proxy) bio: Director | DEF 14A, 2026-10-05 |
What XMax Inc. does
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.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 64.5 million (as of August 12, 2026) | 10-Q, August 14, 2026 |
|---|---|---|
| Public float | $13.3M (as of June 30, 2025) | 10-K, April 15, 2026 |
| Reportable segments | 3 (period ending June 30, 2026) | 10-Q, August 14, 2026 |
| Latest proxy statement | Meeting October 5, 2026 (filed October 5, 2026) | DEF 14A, October 5, 2026 |
| Auditor | Enrome LLP (Singapore) | Latest 10-K |
Recent 8-K events
- 8-K filed 2026-11-04
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-11-03
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-11-03
- Item 8.01 Other events
- 8-K filed 2026-11-02
- Item 1.01 Entry into a material definitive agreement
- Item 8.01 Other events
- 8-K filed 2026-10-13
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-10-09
- Item 1.01 Entry into a material definitive agreement
- Item 8.01 Other events
- 8-K filed 2026-09-15
- Item 3.01 Notice of delisting or failure to meet listing standards
- 8-K filed 2026-09-03
- Item 1.01 Entry into a material definitive agreement
- Item 3.02 Unregistered sales of equity securities
- 8-K filed 2026-08-25
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-08-12
- Item 1.01 Entry into a material definitive agreement
- Item 2.01 Completion of acquisition or disposition of assets
Frequently asked questions about XMax Inc.
- What does XMax Inc. do?
- In its own words, from Item 1 of its 10-K: "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."
- What is XMax Inc.'s revenue?
- $16.7M for the fiscal year ending December 31, 2025, from its 10-K filed April 15, 2026.
- Is XMax Inc. profitable?
- XMax Inc. reported net income of -$3.4M for the fiscal year ending December 31, 2025.
- How many employees does XMax Inc. have?
- About 22 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of XMax Inc.?
- Andy Lu, Chief Executive Officer of XMax, as named in a 8-K filed November 3, 2026.
- Where is XMax Inc. headquartered?
- Commerce, CA.
- What is XMax Inc.'s stock ticker?
- XMAX on Nasdaq.
- What industry is XMax Inc. in?
- Household Furniture, SIC code 2510.
- What is XMax Inc.'s website?
- topgreen-tech.com.
- When does XMax Inc. report earnings next?
- November 16, 2026. Source: sec_8k.
- Is XMax Inc. a public company?
- Yes. XMax Inc. files with the SEC under CIK 0001473334 and trades as XMAX.
- Who audits XMax Inc.?
- Enrome LLP, Singapore, as named in its latest annual report (10-K).
- How many shares of XMax Inc. are outstanding?
- 64.5 million shares as of August 12, 2026, from its 10-Q filed August 14, 2026.
- What is XMax Inc.'s public float?
- $13.3M as of June 30, 2025, as reported on the cover of its 10-K filed April 15, 2026.
- How many business segments does XMax Inc. report?
- 3 reportable segments for the period ending June 30, 2026, from its 10-Q filed August 14, 2026.
- When is XMax Inc.'s annual shareholder meeting?
- October 5, 2026, per its proxy statement (DEF 14A) filed October 5, 2026.