Company: IMG
Filing Date: 2025-11-18
Form Type: 10-Q/A
Source: 0001493152-25-024063
Chunk: 20

Company: CIMG Inc.
Filing Date: 2025-11-18
Form: 10-Q/A
Chunk 20
---
320,000with an annual interest rate of 7%. The outstanding balance on the loan at December 31, 2024 amounted to $ 320,926.

For three months ended December 31, 2024, ZHANG XIANG provided a loan of $ 8,697to the Company, bearing no interest. As of December 31, 2024, the outstanding loan balance remained at $ 8,697.

4. GEOGRAPHIC CONCENTRATIONS

The Company is organized based on fundamentally one business segment although it does sell its products on a world-wide basis. The Company is organized in two geographical segments. The company jointly produces and sells its products in North America and China. Information about the Company’s geographic operations for three months ended December 31, 2024 and 2023 are as follows:

SCHEDULE OF GEOGRAPHICAL OPERATIONS

|               |     |   |                 Three 
 Months Ended December 
                   31, 
                  2024 |     |   |                 Three 
 Months Ended December 
                   31, 
                  2023 |
|:--------------|:----|:--|----------------------:|:----|:--|----------------------:|
| Net           
 Revenue:      |     |   |                       |     |   |                       |
| North         
 America       |     | $ |                     - |     | $ |               965,932 |
| P.R.C         |     |   |                22,853 |     |   |                     - |
| Revenues, net |     | $ |                22,853 |     | $ |               965,932 |

|                             |     |   | December 
      31, 
     2024 |     |   | September 30, 
          2024 |
|:----------------------------|:----|:--|---------:|:----|:--|--------------:|
| Property                    
 and equipment, net:         |     |   |          |     |   |               |
| North                       
 America                     |     | $ |        - |     |   |             - |
| P.R.C                       |     |   |    1,997 |     | $ |         2,268 |
| Property and equipment, net |     | $ |    1,997 |     | $ |         2,268 |

| 17 |

5. RELATED PARTY TRANSACTIONS

As of December 31, 2024,