SolarMax Technology (SMXT) Notes Payables (2022 - 2026)

SolarMax Technology (SMXT) has 5 years of Notes Payables data on file, last reported at $14.0 million in Q1 2026.

• Quarterly Notes Payables rose 31.06% year-over-year to $14.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.0 million (up 31.06% YoY) and the FY2025 annual result came in at $14.6 million, up 49.95% from the prior year.
• Notes Payables declined to $14.0 million in Q1 2026 per SMXT's latest filing, from $14.6 million in the prior quarter.
• Across five years, Notes Payables topped out at $14.6 million in Q4 2025 and bottomed at $6.3 million in Q4 2022.
• The 5-year median for Notes Payables is $10.2 million (2024), against an average of $10.4 million.
• The widest annual swing landed in 2024, when Notes Payables climbed 12.56%; it then surged 49.95% in 2025.
• Tracing SMXT's Notes Payables over 5 years: stood at $6.3 million in 2022, then jumped by 37.78% to $8.7 million in 2023, then rose by 12.56% to $9.8 million in 2024, then soared by 49.95% to $14.6 million in 2025, then decreased by 4.1% to $14.0 million in 2026.
• Per Business Quant, the three latest SMXT Notes Payables figures stand at $14.0 million (Q1 2026), $14.6 million (Q4 2025), and $11.0 million (Q3 2025).

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