Company: QTIWW
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001844505-25-000053
Chunk: 26

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-05-13
Form: 10-Q
Item: Part I, Item 1
Chunk 26
---
 Net loss—— — (11,136,000)(11,136,000)Balance, March 31, 202527,653,210$2,765 $22,866,404 $(43,076,527)$(20,207,358)

 Common StockAdditionalPaid-inCapitalAccumulatedDeficitTotal Shares AmountBalance, January 1, 202427,941,290$27,941 $12,430,125 $(17,770,145)$(5,312,079)Reverse recapitalization(18,365,365)(26,983)26,983 — — As adjusted, beginning of period (1)9,575,925958 12,457,108 (17,770,145)(5,312,079)Merger recapitalization7,898,954790 (12,939,955)— (12,939,165)Issuance of common stock pursuant to a subscription agreement200,00020 705,980 — 706,000 Conversion of a note payable359,26636 3,233,352 — 3,233,388 Conversion of a bridge loan100,00010 199,990 — 200,000 Net exercise of warrants5,5941 (1)— — Issuance of common stock in connection with the Pre-Paid Advance1,000,000100 1,866,184 — 1,866,284 Issuance of common stock in connection with the Cable Car Note180,00018 446,315 — 446,333 Issuance of common stock related to non-redemption extension agreements427,47742 1,508,951 — 1,508,993 Issuance of common stock related to early investor consideration150,00015 529,485 — 529,500 Issuance of common stock to settle transaction expenses1,540,000154 5,436,048 — 5,436,202 Stock-based compensation—— 38,984 — 38,984 Net loss—— — (628,590)(628,590)Balance, March 31, 202421,437,216$2,144 $13,482,441 $(18,398,735)$(4,914,150)

(1) Amounts as