Company: QTIWW
Filing Date: 2025-11-03
Form Type: S-1
Source: 0001628280-25-048373
Chunk: 355

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-11-03
Form: S-1
Chunk 355
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, for the year ended December 31, 2024 was $ 353,530.

Future principal payments on the long-term debt as of December 31, 2024 are as follows:

| Year ending December 31:                   
 2025                                       |     |   |  9,924,195 |
|:-------------------------------------------|:----|:--|-----------:|
| 2026                                       |     |   |      9,197 |
| Total payments                             |     |   |  9,933,392 |
| Less: Unamortized debt issuance costs      |     |   | -4,938,362 |
| Less: Current maturities of long-term debt |     |   | -4,985,833 |
| Long-term debt                             |     | $ |      9,197 |

On February 26, 2025, the Yorkville Note and Cable Car Loan were repaid in full. As such, the outstanding balances as of December 31, 2024 were classified as short term on the consolidated balance sheet and the table above reflects the payoff of these facilities within fiscal year 2025. Refer to Note 18 for more details.

#### 9. Leases
The Company leases its operating facilities in Novato, California, under a non-cancelable operating lease through May 31, 2027. There are no options or rights to extend the term of this lease.

The following table reflects the Company’s ROU assets and lease liabilities as of December 31, 2024 and 2023:

|                                      |     |   | December 31, 2024 |     |   | December 31, 2023 |
|:-------------------------------------|:----|:--|------------------:|:----|:--|------------------:|
| Assets:                              |     |   |                   |     |   |                   |
| Operating lease ROU assets, net      |     | $ |           935,246 |     | $ |         1,267,121 |
| Liabilities:                         |     |   |                   |     |   |                   |
| Operating lease liabilities, current |     | $ |           405,678 |     | $ |           361,305 |
| Operating lease liabilities          |     |   |           656,955 |     |   |         1,062,633 |
|                                      |     | $ |         1,062,633