Company: IMG
Filing Date: 2025-11-18
Form Type: 10-Q/A
Source: 0001493152-25-024067
Chunk: 23

Company: CIMG Inc.
Filing Date: 2025-11-18
Form: 10-Q/A
Chunk 23
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5 amounted to $ 8,696.

| 15 |

4. GEOGRAPHIC CONCENTRATIONS

The Company is organized based on fundamentally one business segment although it does sell its products on a world-wide basis. The Company is organized in two geographical segments. The company jointly produces and sells its products in North America and China. Information about the Company’s geographic operations for the six months ended March 31, 2025, and 2024 are as follows:

SCHEDULE OF GEOGRAPHICAL OPERATIONS

Geographic Concentration

|               |     |   |            Six 
         Months 
          Ended 
 March 31, 2025 |     |   |            Six 
         Months 
          Ended 
 March 31, 2024 |
|:--------------|:----|:--|---------------:|:----|:--|---------------:|
| Net Revenue:  |     |   |                |     |   |                |
| North America |     | $ |              - |     | $ |      1,289,338 |
| P.R.C         |     |   |         22,853 |     |   |              - |
| Revenues, net |     | $ |         22,853 |     | $ |      1,289,338 |

|                             | Property and    
 equipment, net: |   | March 31, 
      2025 |     |   | September 
       30, 
      2024 |
|:----------------------------|:----------------|:--|----------:|:----|:--|----------:|
| P.R.C                       |                 |   |     2,468 |     |   |     2,268 |
| Property and equipment, net |                 | $ |     2,468 |     | $ |     2,268 |

5. RELATED PARTY TRANSACTIONS

As of March 31, 2025, the directors of Wewin Technology LLC paid an administrative fee of $ 28,500on behalf of CIMG Inc. The company expects to clear and repay this related-party transaction before September 30, 2025.

6. DISCONTINUED OPERATIONS

On June 7, 2024, the company’s board of directors passed a resolution to sale (1) NuZee KOREA Ltd a company incorporated in Korea and a wholly-owned subsidiary of the Company; and (2) NuZee Investment Co., Ltd, a