Company: IMG
Filing Date: 2025-11-07
Form Type: 10-Q/A
Source: 0001493152-25-021258
Chunk: 10

Company: CIMG Inc.
Filing Date: 2025-11-07
Form: 10-Q/A
Chunk 10
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----|:--------------|---------:|:--|
| Assets Held for Sale                    |     |          | - |     |               |  214,709 |   |
| Current                                 
 Assets Held for Sale                    |     |          | - |     |               |  214,709 |   |
| Property and equipment asset impairment |     |          | - |     |               | (203,973 | ) |
| Total                                   |     |          | - |     |               |   10,736 |   |

Major Customers

In the nine months ended June 30, 2025 and 2024, revenue was primarily derived from major customers disclosed below.

SCHEDULE OF REVENUE BY MAJOR CUSTOMERS

Nine months ended June 30, 2025:

| Customer Name |     | Sales Amount |        |     | % of Total Revenue |    |   |     | Accounts Receivable Amount |   |     | % of Total Accounts Receivable |   |
|:--------------|:----|:-------------|-------:|:----|:-------------------|---:|:--|:----|:---------------------------|:--|:----|:-------------------------------|:--|
| Customer XG   |     | $            | 47,289 |     |                    | 56 | % |     |                            | - |     |                                | - |
| Customer LXM  |     |              | 13,524 |     |                    | 16 | % |     |                            | - |     |                                | - |

Nine months ended June 30, 2024:

| Customer Name |     | Sales Amount |           |     | % of Total Revenue |    |   |     | Accounts Receivable Amount |         |     | % of Total Accounts Receivable |    |   |
|:--------------|:----|:-------------|----------:|:----|:-------------------|---:|:--|:----|:---------------------------|--------:|:----|:-------------------------------|---:|:--|
| Customer CL   |     | $            | 1,142,865 |     |                    | 70 | % |     | $                          | 138,246 |     |                                | 37 | % |

Lease

In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), to provide guidance on recognizing lease assets and