Company: MITQ
Filing Date: 2025-09-29
Form Type: 10-K/A
Source: 0001437749-25-029978
Chunk: 36

Company: MOVING iMAGE TECHNOLOGIES INC.
Filing Date: 2025-09-29
Form: 10-K/A
Chunk 36
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 an accelerated schedule when compared to other forums.

If securities or industry analysts do not publish research or publish inaccurate or unfavorable research about our business, the trading price of our Common Stock and trading volume could decline.

The trading market for our shares of our Common Stock will depend in part on the research and reports that securities or industry analysts publish about us or our business. Securities and industry analysts do not currently, and may never, publish research on our shares of common stock. If no securities or industry analysts commence coverage of our company, the trading price for our shares of our stock would likely be negatively impacted. In the event securities or industry analysts initiate coverage, if one or more of the analysts who cover us downgrade our securities or publish inaccurate or unfavorable research about our business, the price of our shares of common stock would likely decline. If one or more of these analysts cease coverage of our company or fail to publish reports on us regularly, demand for our securities could decrease, which might cause the trading price of our shares of common stock and trading volume to decline.

ITEM 1B. UNRESOLVED STAFF COMMENTS

None.

ITEM 1C. Cybersecurity

We recognize the importance of cybersecurity in safeguarding sensitive information, withstanding and recovering from adverse events, and protecting stockholders' interests. We currently manage cybersecurity risks by utilizing basic security protocols, such as network monitoring and access controls. Management is responsible for identifying, considering and assessing material cybersecurity risks on an ongoing basis, establishing processes that are designed to ensure such potential cybersecurity risks are monitored, putting in place reasonable appropriate mitigation measures and maintaining cybersecurity programs. Any significant incidents are reported to the board of directors, however the board of directors does not have a designated cybersecurity committee. During the fiscal year ended June 30, 2025, we have not identified any indication of a cybersecurity incident that would materially affect our business.

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ITEM 2. PROPERTIES

Our corporate headquarters is located in Fountain Valley, California, and covers 14,700 square feet pursuant to an operating lease that expires in 2030 at a monthly rental of $20,267. We also lease an additional 6,300 square foot warehouse facility in Whittier, CA pursuant to an operating lease that expires in 2028 at a monthly rental of $6,209.

We lease all of our facilities and do not own any real property. We believe that our facilities are generally suitable to meet our current needs.

ITEM 3. LEGAL PROCEEDINGS

We