Company: QTIWW
Filing Date: 2025-01-31
Form Type: S-1/A
Source: 0001628280-25-003316
Chunk: 429

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-01-31
Form: S-1/A
Chunk 429
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 Further, the Practice shall pay when due all sales, use, personal property, leasing, excise or other fees, taxes, charges or withholdings of any kind imposed against the Company, the Practice or the Subleased Equipment with respect to the Space and Equipment Sublease, the Subleased Equipment, or any related fees, receipts or earnings, including local taxes and personal property taxes. The term of the Space and Equipment Sublease is one yearunless terminated and shall auto-renew for successive one-yearperiods, unless otherwise terminated. During the three and nine months ended September 30, 2024, the Company recorded $ 16,998and $ 33,996of sublease income in other income (expense), net within the condensed consolidated statements of operations and comprehensive loss, respectively.

Deferred Revenue

In July 2023, an order was placed and a downpayment of $ 200,000was made for a breast imaging system by 303 Development Corporation (the “Foundation”). The executive director of the Foundation is a current investor and a was a previous board member of the Company. In September 2023, an additional $ 100,000was paid towards the purchase. In June 2024, the Company cancelled this order and refunded the full deposit of $ 300,000to the related party. As of September 30, 2024 and December 31, 2023, the Company had a deferred revenue balance of zeroand $ 300,000, respectively, related to this order.

#### 16.

#### Subsequent Events
On October 31, 2024 , the Company and Yorkville executed the Second Omnibus Amendment (the “Second Amendment”), pursuant to which the maturity date of the Yorkville Note was extended from December 15, 2025 to March 31, 2026 . Further, the Second Amendment acknowledges the Company’s obligation to make monthly payments to Yorkville in the amount of the Trigger Principal Amount due to the occurrence of the Trigger Event and no further monthly payments will be owed during the period beginning on the date of the Second Amendment and ending on February 15, 2025 . In exchange for this relief, beginning on February 15, 2025 , and continuing on the same day of each successive calendar month until and including February 15, 2026 , whether or not a Trigger Event

<div align='center'>F-63</div>

#### QT IMAGING HOLDINGS, INC.

### Notes to Condensed Consolidated Financial Statements
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