Company: QTIWW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001844505-25-000038
Chunk: 262

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 8
Chunk 262
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 common stock pursuant to a subscription agreement200,00020 705,980 — 706,000 Conversion of a note payable359,26636 3,233,352 — 3,233,388 Conversion of a bridge loan100,00010 199,990 — 200,000 Net exercise of warrants5,5941 (1)— — Issuance of common stock in connection with the Pre-Paid Advance1,000,000100 1,866,184 — 1,866,284 Issuance of common stock in connection with the Cable Car Loan180,00018 446,315 — 446,333 Issuance of common stock related to non-redemption extension agreements427,47742 1,508,951 — 1,508,993 Issuance of common stock related to early investor consideration150,00015 529,485 — 529,500 Issuance of common stock to settle transaction expenses1,544,200154 5,439,703 — 5,439,857 Issuance of common stock in exchange for services40,0004 19,996 — 20,000 Conversion of long term debt into shares of common stock903,23690 514,091 — 514,181 Conversion of related party extension note into shares of common stock2,671,232267 1,255,212 — 1,255,479 Issuance of common stock related to PIPE with related parties1,712,326171 645,816 — 645,987 Issuance of warrants related to PIPE with related parties—— 1,042,043 — 1,042,043 Stock-based compensation—— 289,795 — 289,795 Deemed dividend related to modification of equity classified warrants—— 5,185,502 (5,185,502)— Net loss—— — (8,984,880)(8,984,880)Balance, December 31, 202426,768,210$2,676 $22,399,567 $(31,940,527)$(9,538,284)

(1)Amounts as of December 31, 2023 and before that date differ from those in prior year consolidated financial statements as they were retrospectively adjusted as a result of the accounting or the Business