Company: IMG
Filing Date: 2025-11-07
Form Type: 10-Q/A
Source: 0001493152-25-021258
Chunk: 39

Company: CIMG Inc.
Filing Date: 2025-11-07
Form: 10-Q/A
Chunk 39
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4 |     | Change | Dollars    |   |     |     |      % |   |
|:--------|:----|:-------------|-------:|:----|:--|----------:|:----|:-------|:-----------|:--|:----|:----|-------:|:--|
| Revenue |     | $            | 84,431 |     | $ | 1,641,955 |     | $      | (1,557,524 | ) |     |     | -94.86 | % |

For the nine months ended June 30, 2025, our revenue decreased by $1,557,524, or approximately 94.86%, compared to the same period in
2024. The decline was primarily attributable to the Company’s strategic shift toward expanding new sales channels and intensifying
new product launches during 2025, which are expected to support revenue growth in the fourth quarter.

| 26 |

Cost of sales and gross margin

|                 |     | Nine         
 months ended 
 June         
 30,          |   2025 |   |     |   |      2024 |    |     | Change |    Dollars |     |     |       % |    |
|:----------------|:----|:-------------|-------:|:--|:----|:--|----------:|:---|:----|:-------|-----------:|:----|:----|--------:|:---|
| Cost            
 of sales        |     | $            | 63,819 |   |     | $ | 1,820,140 |    |     | $      | -1,756,321 |     |     |  -96.49 | %  |
| Gross           
 profit (loss)   |     | $            | 20,612 |   |     | $ |  (178,185 | )  |     | $      |    198,797 |     |     | (111.57 | )% |
| Gross           
 profit (loss) % |     |              |  24.41 | % |     |   |    (10.85 | )% |     |        |          - |     |     |       - |    |

For the nine months ended June 30, 2025, we recorded a gross profit of $20,612, compared to a gross loss of $178,185 for the same period
in