Company: IMG
Filing Date: 2025-07-21
Form Type: 10-K
Source: 0001641172-25-020300
Chunk: 989

Company: CIMG Inc.
Filing Date: 2025-07-21
Form: 10-K
Item: Item 9A
Chunk 989
---
    Right-of-use
    asset - operating lease 
     99,746  
     403,258 
  
    Investment
    in unconsolidated affiliate 
     -  
     162,259 
  
    Intangible
    assets, net 
     80,000  
     110,000 
  
    Long-term
    holdings of assets to be disposed of 
     -  
     197,409 

    Other
    asset 
     -  
     7,060 
  
    Total
    other assets 
     179,746  
     879,986 

    Total
    assets 
    $5,900,054  
    $4,440,998 

    LIABILITIES AND
    STOCKHOLDERS’ EQUITY 

    Current
    liabilities: 

    Accounts
    payable and accrued expenses 
    $1,989,337  
    $1,814,035 
  
    Short term
    loan 
     1,920,507  
     - 

    Current
    portion of long-term loan payable 
     -  
     4,753 
  
    Current
    portion of lease liability - operating lease 
     100,962  
     216,128 
  
    Current
    portion of lease liability - finance lease 
     -  
     26,048 
  
    Convertible
    Notes 
     1,063,624  
     - 

    Convertible
    Note-related party 
     319,221  
     - 

    Convertible
    Note 
     319,221  
     - 

    Deferred
    income 
     -  
     379,795 
  
    Other
    payables-related party 
     7,500  
     - 
  
    Other
    current liabilities 
     586,174 
     - 
  
    Liabilities
    held for disposal in the current period 
     -  
     115,644 

    Total
    current liabilities 
     5,987,324  
     2,556,403 

    Non-current
    liabilities: 

    Lease
    liability - operating lease, net of current portion 
     -  
     162,301 
  
    Non-current