SolarMax Technology (SMXT) Short term Debt (2022 - 2026)

SolarMax Technology (SMXT) has reported Short term Debt for 5 consecutive years, with $18.1 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Short term Debt fell 13.81% year-over-year to $18.1 million; the TTM figure through Mar 2026 stood at $18.1 million (down 13.81% YoY), while the FY2025 annual figure was $5.5 million, up 2.64% from the prior year.
• Short term Debt grew to $18.1 million in Q1 2026 per SMXT's latest filing, from $5.5 million in the prior quarter.
• Across five years, Short term Debt topped out at $21.0 million in Q1 2025 and bottomed at $2.0 million in Q4 2023.
• Historically, Short term Debt has averaged $10.0 million across 5 years, with a median of $9.2 million in 2024.
• Annual changes were most pronounced in 2023 — Short term Debt tumbled 80.95% — and 2025, when it jumped 620.69%.
• SolarMax Technology's Short term Debt stood at $10.5 million in 2022, then sank by 80.95% to $2.0 million in 2023, then surged by 167.93% to $5.4 million in 2024, then increased by 2.64% to $5.5 million in 2025, then soared by 229.09% to $18.1 million in 2026.
• Business Quant data shows SMXT's Short term Debt at $18.1 million in Q1 2026, $5.5 million in Q4 2025, and $5.5 million in Q3 2025.