Company: QTIWW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001628280-25-051332
Chunk: 26

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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—— 518,721 — 518,721 Net loss—— — (19,694,921)(19,694,921)Balance, September 30, 2025 (1)9,666,567$967 $42,558,037 $(51,635,448)$(9,076,444)

The accompanying notes are an integral part of these condensed consolidated financial statements.4

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

 Common StockAdditionalPaid-inCapitalAccumulatedDeficitTotal SharesAmountBalance, January 1, 2024 (1)9,314,040$931 $12,457,135 $(17,770,145)$(5,312,079)Reverse recapitalization (1)(6,113,591)(611)611 — — As adjusted, beginning of period (1)(2)3,200,449 320 12,457,746 (17,770,145)(5,312,079)Merger recapitalization (1)2,632,873 263 (12,939,428)— (12,939,165)Issuance of common stock pursuant to a subscription agreement (1)66,667 7 705,993 — 706,000 Conversion of a note payable (1)119,756 12 3,233,376 — 3,233,388 Conversion of a bridge loan (1)33,334 3 199,997 — 200,000 Net exercise of warrants (1)1,865 — — — — Issuance of common stock in connection with the Pre-Paid Advance (1)333,334 33 1,866,251 — 1,866,284 Issuance of common stock in connection with the Cable Car Note (1)60,000 6 446,327 — 446,333 Issuance of common stock related to non-redemption extension agreements (1)142,492 15 1,508,978 — 1,508,993 Issuance of common stock related to early investor consideration (1)50,000 5 529,495 — 529,