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.

• On a quarterly basis, Notes Payables rose 31.06% year-over-year to $14.0 million in Q1 2026; TTM through Mar 2026 was $14.0 million, a 31.06% increase from a year earlier, with the FY2025 full-year figure at $14.6 million, up 49.95% from the prior year.
• Notes Payables for Q1 2026 stood at $14.0 million, down from $14.6 million in the prior quarter.
• Over the last five years, Notes Payables for SMXT reached as high as $14.6 million in Q4 2025 and fell as low as $6.3 million in Q4 2022.
• Historically, Notes Payables has averaged $10.4 million across 5 years, with a median of $10.2 million in 2024.
• Across the five-year window, Notes Payables climbed 12.56% in 2024 and surged 49.95% in 2025, its largest moves.
• Year by year, Notes Payables stood at $6.3 million in 2022, then soared by 37.78% to $8.7 million in 2023, then increased by 12.56% to $9.8 million in 2024, then surged by 49.95% to $14.6 million in 2025, then retreated by 4.1% to $14.0 million in 2026.
• Per Business Quant data, the three most recent Notes Payables figures were $14.0 million in Q1 2026, $14.6 million in Q4 2025, and $11.0 million in Q3 2025.