SMXT NASDAQ

Of US companies ranked in the riskiest tenth, about 1 in 20 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $3.76 (down 13%), Solarmax Technology Inc. Common Stock would be worth roughly what it owes.
Total debt $36.0M against a stock market value of $20.6M.
Distance to default -1.18 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $22.5M (short-term plus half of long-term), stock volatility 280.9%; Altman Z -0.68. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.