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.

• Notes Payables for Q1 2026 came in at $14.0 million, up 31.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $14.0 million (up 31.06% YoY), and the FY2025 annual result was $14.6 million, up 49.95% from the prior year.
• Notes Payables eased to $14.0 million in Q1 2026 per SMXT's latest filing, from $14.6 million in the prior quarter.
• Over five years, Notes Payables peaked at $14.6 million in Q4 2025 and troughed at $6.3 million in Q4 2022.
• A 5-year average of $10.4 million and a median of $10.2 million in 2024 frame the typical range for Notes Payables.
• The sharpest annual moves came in 2024 and 2025: Notes Payables increased 12.56% in 2024, then jumped 49.95% in 2025.
• A 5-year view of Notes Payables shows it stood at $6.3 million in 2022, then soared by 37.78% to $8.7 million in 2023, then advanced by 12.56% to $9.8 million in 2024, then surged by 49.95% to $14.6 million in 2025, then dropped by 4.1% to $14.0 million in 2026.
• Business Quant data shows SMXT's Notes Payables at $14.0 million in Q1 2026, $14.6 million in Q4 2025, and $11.0 million in Q3 2025.