Company: IMG
Filing Date: 2025-09-24
Form Type: 10-Q
Source: 0001493152-25-014748
Chunk: 5

Company: CIMG Inc.
Filing Date: 2025-09-24
Form: 10-Q
Item: Item 1
Chunk 5
---
-  
     (306,241)
  
    Proceeds from disposal of equipment 
     10,736  
      - 
  
    Cash
    received from the acquisition of subsidiaries 
     2,031  
     - 
  
    Net
    cash used in investing activities 
     12,767  
     (306,241)

    Financing activities: 

    Proceeds from loans 
     (1,486,995) 
     - 
  
    Repayment of loans 
     -  
     (190,675)
  
    Repayment of finance lease 
     -  
     (15,297)
  
    Borrowings from loans 
     -  
     191,094 
  
    Proceeds from sales of
    future receipts 
     -  
     195,001 
  
    Proceeds from equipment
    finance 
     -  
     262,893 
  
    Proceeds from private placement 
     2,000,000  
     159,656 
  
    Proceeds from issuance
    of common stock, ATM offering, net of issuance cost 
     9,561,299  
     1,099,254 
  
    Proceeds from exercise
    of options 
     -  
     177,864 
  
    Net
    cash provided by (used in) financing activities 
     10,074,304  
     1,879,790 

    Effect of foreign exchange on cash 
     (254,555) 
     50,566 

    Net change in cash 
     (461,818) 
     (982,869)

    Cash, beginning of period 
     464,222  
     982,869 
  
    Cash, end of period 
    $2,404  
    $- 

    Supplemental disclosure
    of cash flow information: 

    Cash paid for interest 
    $-  
    $1,338 
  
    Cash paid for taxes 
     - 
     2,618 
  
    Subscription receivable 
     438,701  
     - 

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

6

CIMG
Inc. 

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS (unaud