Company: QTIWW
Filing Date: 2025-01-16
Form Type: S-1
Source: 0001628280-25-001723
Chunk: 395

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-01-16
Form: S-1
Chunk 395
---
 |     | 2024 | Three Months Ended 
      September 30, |     | 2023 |         |     | 2024 | Nine Months Ended 
     September 30, |     | 2023 |         |
|:-------------------------------------------|:----|:-----|-------------------:|:----|:-----|--------:|:----|:-----|------------------:|:----|:-----|--------:|
| Operating cash flows from operating leases |     | $    |            116,994 |     | $    | 110,278 |     | $    |           345,302 |     | $    | 330,833 |

<div align='center'>F-55</div>

#### QT IMAGING HOLDINGS, INC.

### Notes to Condensed Consolidated Financial Statements
<div align='center'>(Unaudited)</div>

As of September 30, 2024, the maturity of operating lease liabilities was as follows:

| Year ending December 31:     
 2024 (remaining)             |     |   |   116,994 |
|:-----------------------------|:----|:--|----------:|
| 2025                         |     |   |   476,164 |
| 2026                         |     |   |   490,449 |
| 2027                         |     |   |   206,864 |
| Total payments               |     |   | 1,290,471 |
| Less: Interest               |     |   |  -133,359 |
| Present value of obligations |     | $ | 1,157,112 |

The operating lease expense for the three months ended September 30, 2024 and 2023 was $ 113,748and $ 113,536, respectively, of which $ 5,532and $ 5,319, respectively, were related to leases with a term of less than 12 months. The operating lease expense for the nine months ended September 30, 2024 and 2023 was $ 341,031and $ 340,354, respectively, of which $ 16,383and $ 15,705, respectively, were related to leases with a term of less than 12 months.

As of September 30, 2024, the weighted-average remaining lease term was 2.7years and the weighted-average discount rate was 8% for the nine months ended September 30,