Company: IMG
Filing Date: 2025-08-26
Form Type: 10-Q
Source: 0001641172-25-025514
Chunk: 1

Company: CIMG Inc.
Filing Date: 2025-08-26
Form: 10-Q
Item: Item 1
Chunk 1
---
 Total
    current liabilities 
     3,640,244  
     6,238,323 

    Total
    liabilities 
    $3,640,244  
    $6,238,323 

    Stockholders’
    equity: 

    10,739,800 and 4,978,245
    shares issued and outstanding as of December 31, 2024 and September 30 2024, respectively 
     107  
     50 
  
    Additional
    paid in capital 
     85,167,073  
     81,260,605 
  
    Accumulated
    deficit 
     (83,880,971) 
     (82,344,722)
  
    Accumulated
    other comprehensive income 
     241,361  
     433,399 
  
    Total
    stockholders’ equity 
     1,527,570  
     (650,668)

    Total
    liabilities and stockholders’ equity 
    $5,167,814  
    $5,587,655 

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

4

CIMG
Inc.

CONSOLIDATED
STATEMENTS OF OPERATIONS

(UNAUDITED)

    Three
    Months Ended  
    Three
    Months Ended 

    December
    31, 2024  
    December
    31, 2023 
  
    Revenues,
    net 
    $22,853  
    $965,932 
  
    Cost
    of sales 
     (7,374) 
     (841,398)
  
    Gross
    profit 
     15,479  
     124,534 

    Operating
    expenses 
     (1,517,758) 
     (2,145,642)
  
    Loss
    from operations 
     (1,502,279) 
     (2,021,108)

    Other
    income 
     9,047  
     46,832 
  
    Loss
    from equity method investment 
     -   
     (2,051)
  
    Other
    expense 
     (43,017) 
     (49,195)
  
    Interest
    expense, net 
     -   
     (685