Company: QTIWW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001844505-25-000083
Chunk: 23

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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874)(1,248,874)Balance, June 30, 202421,441,416$2,144 $18,671,598 $(24,833,111)$(6,159,369)

Common StockAdditionalPaid-inCapitalAccumulatedDeficitTotalSharesAmountBalance, January 1, 202526,768,210$2,676 $22,399,567 $(31,940,527)$(9,538,284)Conversion of long term debt into shares of common stock885,00089 366,121 — 366,210 Issuance of shares of common stock related to private placements990,26899 298,631 — 298,730 Issuance of warrants related to private placements—— 380,511 — 380,511 Reclassification of warrant liability upon warrant modification—— 22,986,128 — 22,986,128 Stock-based compensation—— 319,926 — 319,926 Net loss—— — (15,137,515)(15,137,515)Balance, June 30, 202528,643,478$2,864 $46,750,884 $(47,078,042)$(324,294)

The accompanying notes are an integral part of these condensed consolidated financial statements.3

Table of ContentsQT IMAGING HOLDINGS, INC.Condensed Consolidated Statements of Stockholders’ DeficitFor the three and six months ended June 30, 2025 and 2024(Unaudited)

 Common StockAdditionalPaid-inCapitalAccumulatedDeficitTotal SharesAmountBalance, January 1, 202427,941,290$27,941 $12,430,125 $(17,770,145)$(5,312,079)Reverse recapitalization(18,365,365)(26,983)26,983 — — As adjusted, beginning of period (1)9,575,925 958 12,457,108 (17,770,145)(5,312,079)Merger recapitalization7,898,954 790 (12,939,955)— (12,939,165)Issuance of common stock pursuant to a subscription agreement200,000 20 705,980 — 706,000 Conversion of a note payable359,266 36 3,233,352