Company: QTIWW
Filing Date: 2025-01-16
Form Type: S-1
Source: 0001628280-25-001723
Chunk: 310

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-01-16
Form: S-1
Chunk 310
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### GIGCAPITAL5, INC. FINANCIAL STATEMENTS
Audited Financial Statements of GigCapital5, Inc. as of December 31, 2023 and 2022 and for the years ended December 31, 2023 and 2022

| Report of Independent Registered Public Accounting Firm (PCAOB ID: 207)                        
 Balance Sheets as of December 31, 2023 and 2022                                                
 Statements of Operations and Comprehensive Loss for the years ended December 31, 2023 and 2022 |     | Page 
 F-65 
 F-66 
 F-67 |
|:-----------------------------------------------------------------------------------------------|:----|:-----|
| Statements of Stockholders’ Equity (Deficit) for the years ended December 31, 2023 and 2022    |     | F-68 |
| Statements of Cash Flows for the years ended December 31, 2023 and 2022                        |     | F-69 |
| Notes to Financial Statements                                                                  |     | F-70 |

<div align='center'>F-1

Report of Independent Registered Public Accounting Firm</div>

Board of Directors and Stockholders of

QT Imaging, Inc.

#### Opinion on the Consolidated Financial Statements
We have audited the accompanying consolidated balance sheets of QT Imaging, Inc. (a Delaware corporation) and its subsidiary (the “Company”) as of December 31, 2023 and 2022, and the related consolidated statements of operations and comprehensive loss, stockholders’ equity (deficit), and cash flows for each of the two years in the period ended December 31, 2023, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2023 and 2022, and the results of its operations and its cash flows for each of the two years in the period ended December 31, 2023, in conformity with accounting principles generally accepted in the United States of America.

#### Basis for Opinion
These consolidated financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S.