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

SolarMax Technology (SMXT) has reported Notes Payables for 5 consecutive years, with $14.0 million the latest figure, recorded 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 was $14.0 million for Q1 2026 at SolarMax Technology, down 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.
• Across the five-year window, Notes Payables grew 12.56% in 2024 and soared 49.95% in 2025, its largest moves.
• Over 5 years, Notes Payables stood at $6.3 million in 2022, then surged by 37.78% to $8.7 million in 2023, then gained by 12.56% to $9.8 million in 2024, then jumped by 49.95% to $14.6 million in 2025, then slipped by 4.1% to $14.0 million in 2026.
• The last three Notes Payables figures came in at $14.0 million (Q1 2026), $14.6 million (Q4 2025), and $11.0 million (Q3 2025), per Business Quant data.