Company: QTIWW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001844505-25-000083
Chunk: 67

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 67
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 Items ImpactedJune 30, 2024 - As FiledAdjustmentsJune 30, 2024 - As RevisedAdditional paid-in capital$22,341,598 $(3,670,000)$18,671,598 Accumulated deficit$(28,503,111)$3,670,000 $(24,833,111)Other Condensed Consolidated Financial Statement Line ItemsSix Months Ended June 30, 2024 - As FiledAdjustmentsSix Months Ended June 30, 2024 - As RevisedCondensed Consolidated Statement of Operations and Comprehensive LossChange in fair value of earnout liability$(750,000)$3,670,000 $2,920,000 Net loss and comprehensive loss attributable to QT Imaging Holdings, Inc.$(5,547,464)$3,670,000 $(1,877,464)Net loss and comprehensive loss attributable to common stockholders$(10,732,966)$3,670,000 $(7,062,966)Net loss per share - basic and diluted$(0.62)$0.21 $(0.41)Condensed Consolidated Statement of Cash FlowsNet loss$(5,547,464)$3,670,000 $(1,877,464)Change in fair value of earnout liability$750,000 $(3,670,000)$(2,920,000)

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Table of Contents

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

Unless otherwise indicated or the context otherwise requires, references in this report (this “Quarterly Report”) to “we,” “our,” “us,” “QT Imaging”, “QT Imaging Holdings” or the “Company” and other similar terms refer to QT Imaging Holdings, Inc. and its consolidated subsidiaries. The following discussion and analysis provides information which QT Imaging Holding’s management believes is relevant to an assessment and understanding of consolidated results of operations and financial condition. You should read the following discussion and analysis of QT Imaging Holdings’ financial condition and results of operations in conjunction with the unaudited condensed consolidated financial statements and notes thereto contained in this Quarterly Report.

Special Note Regarding Forward-Looking Statements

This Quarterly Report includes “forward-looking statements” within the meaning of Section 27A of the Securities Act  and Section 21E of the Exchange Act of 1934, as amended (the “Exchange Act”), that are not historical facts, and involve risks and uncertainties that could cause actual results