SMID · Smith Midland Corp · Debt
One customer — 10% of revenue (the six months ended June 30, 2026)
“For the six months ended June 30, 2026, the Company derived 10% of its revenue from one customer.”
2 customers — 24% of revenue (the six months ended June 30, 2025)
“For the six months ended June 30, 2025, the Company derived 24% and 10% of its revenue from two customers respectively.”
2 customers — 16% of revenue (the three months ended June 30, 2025)
“For the three months ended June 30, 2025, the Company derived 16% and 10% of its revenue from two customers respectively.”
One customer — 10% of revenue (the six months ended June 30, 2025)
“For the six months ended June 30, 2025, the Company derived 24% and 10% of its revenue from two customers respectively.”
One customer — 10% of revenue (the three months ended June 30, 2025)
“For the three months ended June 30, 2025, the Company derived 16% and 10% of its revenue from two customers respectively.”
One customer — 17% of receivables (As of June 30, 2026)
“As of June 30, 2026, one customer’s outstanding receivable balance exceeded 17% of the total outstanding receivable balance.”
3 customers — 10% of receivables (As of June 30, 2025)
“As of June 30, 2025, three customers’ outstanding receivable balance exceeded 10% of the total outstanding receivable balance.”
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current operating lease liabilities | 2026-06-30 | USD 21,000 | 10-Q filed 2026-08-14 |
| Current portion of notes payable | 2026-06-30 | USD 661,000 | 10-Q filed 2026-08-14 |
| Noncurrent notes payable | 2026-06-30 | USD 3,475,000 | 10-Q filed 2026-08-14 |
| Noncurrent operating lease liabilities | 2026-06-30 | USD 59,000 | 10-Q filed 2026-08-14 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.