SolarMax Technology (SMXT) Convertible Debt (2022 - 2026)

SolarMax Technology (SMXT) has reported Convertible Debt for 5 consecutive years, with $1.3 million the latest figure, recorded in Q1 2026.

• On a quarterly basis, Convertible Debt fell 76.23% year-over-year to $1.3 million in Q1 2026; TTM through Mar 2026 was $1.3 million, a 76.23% decrease from a year earlier, with the FY2025 full-year figure at $339882.0, down 94.8% from the prior year.
• Convertible Debt was $1.3 million for Q1 2026 at SolarMax Technology, up from $339882.0 in the prior quarter.
• Over five years, Convertible Debt peaked at $16.0 million in Q2 2024 and troughed at $339882.0 in Q4 2025.
• A 5-year average of $6.6 million and a median of $6.4 million in 2024 frame the typical range for Convertible Debt.
• Across the five-year window, Convertible Debt retreated 10.17% in 2024 and sank 94.8% in 2025, its largest moves.
• Over 5 years, Convertible Debt stood at $13.3 million in 2022, then sank by 45.32% to $7.3 million in 2023, then slipped by 10.17% to $6.5 million in 2024, then slumped by 94.8% to $339882.0 in 2025, then surged by 288.95% to $1.3 million in 2026.
• The last three Convertible Debt figures came in at $1.3 million (Q1 2026), $339882.0 (Q4 2025), and $4.7 million (Q3 2025), per Business Quant data.