Company: IMG
Filing Date: 2025-11-07
Form Type: 10-Q/A
Source: 0001493152-25-021258
Chunk: 27

Company: CIMG Inc.
Filing Date: 2025-11-07
Form: 10-Q/A
Chunk 27
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30, 2025, 20,430stock options were forfeited or expired because of termination of employment, expiration of options and performance conditions not met.

The following table summarizes stock option activity for the nine months ended June 30, 2025.

SCHEDULE OF STOCK OPTION ACTIVITY

|                                   |     | Number    
 of Shares |         |   |     | Weighted Average Exercise Price |        |     | Weighted Average Remaining Contractual Life 
 (years)                                     |      |     | Aggregate Intrinsic Value |   |
|:----------------------------------|:----|:----------|--------:|:--|:----|:--------------------------------|-------:|:----|:--------------------------------------------|-----:|:----|:--------------------------|:--|
| Outstanding on September 30, 2024 |     |           |  20,430 |   |     | $                               | 177.44 |     |                                             | 0.02 |     | $                         | - |
| Granted                           |     |           |       - |   |     |                                 |      - |     |                                             |    - |     |                           | - |
| Exercised                         |     |           |       - |   |     |                                 |      - |     |                                             |    - |     |                           | - |
| Expired                           |     |           | (20,430 | ) |     |                                 | 177.44 |     |                                             | 0.02 |     |                           | - |
| Forfeited                         |     |           |       - |   |     |                                 |      - |     |                                             |    - |     |                           | - |
| Outstanding on June 30, 2025      |     |           |       - |   |     |                                 |      - |     |                                             |    - |     | $                         | - |
| Exercisable on June 30, 2025      |     |           |       - |   |     | $                               |      - |     |                                             |    - |     | $                         | - |

The Company is expensing these stock option awards on a straight-line basis over the requisite service period. The Company recognized stock option expense of $ 0and $ 10,823for nine months ended June 30 2025, and 2024, respectively. Unamortized option expense as of June 30, 2025, for all outstanding options amounted to $