Company: IMG
Filing Date: 2025-07-21
Form Type: 10-K
Source: 0001641172-25-020300
Chunk: 990

Company: CIMG Inc.
Filing Date: 2025-07-21
Form: 10-K
Item: Item 9A
Chunk 990
---
    liabilities held for disposition 
     -  
     47,937 
  
    Total
    non current liabilities 
     - 
     210,238 

    Total
    liabilities 
    $5,987,324 
    $2,766,641 

    Stockholders’
    equity: 

    4,978,245 and
    748,644 Common
    shares issued and outstanding as of September 30, 2024 and 2023, respectively 
     50  
     8 
  
    Additional
    paid in capital 
     81,406,656  
     74,925,843 
  
    Accumulated
    deficit 
     (81,927,375) 
     (73,371,987)
  
    Accumulated
    other comprehensive income 
     433,399  
     120,493 
  
    Total
    stockholders’ equity 
     (87,271) 
     1,674,357 
  
    Total
    liabilities and stockholders’ equity 
    $5,900,054  
    $4,440,998 

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

F-2

CIMG Inc. (f.k.a. NUZEE, INC.)

CONSOLIDATED STATEMENTS OF
OPERATIONS AND OTHER COMPREHENSIVE INCOME (LOSS)

(In U.S. dollars, except for share and per share data,
or otherwise noted)

    Year
    Ended  
    Year
    Ended 

    Sep
    30, 24  
    Sep
    30, 23 
  
    Cost
                                            of revenues 
    $1,930,291  
    $1,757,968 
  
    Cost
    of sales 
     1,898,122  
     1,968,785 
  
    Gross
    profit (loss) 
     32,169  
     (210,817)

    Operating
    expenses 
     5,980,521  
     8,174,200 
  
    Allowance
    for expected credit loss 
     3,441,782  
     - 
  
    Asset
    impairment loss 
     1,019,471  
     - 
  
    Loss from
    operations 
     (10,409