Company: IMG
Filing Date: 2025-11-18
Form Type: 10-Q/A
Source: 0001493152-25-024067
Chunk: 24

Company: CIMG Inc.
Filing Date: 2025-11-18
Form: 10-Q/A
Chunk 24
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 Ended        
 March        
 31, 2024     |          |   |
|:-----------------------------------------------|:----|:-------------|:--|:----|:-------------|---------:|:--|
| Revenue                                        |     | $            | - |     | $            |  282,355 |   |
| Cost of revenue                                |     |              | - |     |              | (272,079 | ) |
| Gross profit                                   |     |              | - |     |              |   10,276 |   |
| Operating                                      
 expenses                                       |     |              | - |     |              | (197,459 | ) |
| Operations Loss                                |     |              | - |     |              | (187,183 | ) |
| Other revenue                                  |     |              | - |     |              |    3,764 |   |
| Other expense                                  |     |              | - |     |              |  (25,267 | ) |
| Loss                                           
 from discontinued operations before income tax |     |              | - |     |              | (208,686 | ) |
| Loss from discontinued operation               
 after tax                                      |     |              | - |     |              | (208,686 | ) |
| Losses                                         
 from asset disposal of discontinued operations |     | $            | - |     | $            | (208,686 | ) |

7. INTANGIBLE ASSETS

Identifiable life intangible assets

As of March 31, 2025, the Company’s intangible assets consisted of unamortized tradename asset of $ 65,000which is being amortized over five years from the date of acquisition at a rate of $ 30,000per year.

Amortization expense was $ 15,000and $ 15,000for six months ended March 31, 2025 and 2024.

Amortization expense for the next four fiscal years is as follows:

SCHEDULE OF AMORTIZATION EXPENSE

|                |     |    Tradename 
 Amortization |
| March 31, 2025 |     |       15,000 |
| 2025           |     |       30,000 |
| 2026           |     |       20,000 |
| 2027           |     |            - |
| Grand Total    |     |       65,000 |

8. ISSUANCE OF EQUITY SECURITIES

On