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

Company: CIMG Inc.
Filing Date: 2025-11-07
Form: 10-Q/A
Chunk 25
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230 | ) |
| Loss from                                      
 discontinued operations                        |     |             | - |     |             | (429,175 | ) |
| Losses                                         
 from asset disposal of discontinued operations |     | $           | - |     | $           | (149,677 | ) |

The losses from discontinued operations for three months ended June 30, 2025 and 2024 are as follows:

|                                                       |     | Three Months Ended 
 June 30, 2025      |   |     | Three Months Ended 
 June 30, 2024      |          |   |
|:------------------------------------------------------|:----|:-------------------|:--|:----|:-------------------|---------:|:--|
| Revenue:                                              |     |                    |   |     |                    |          |   |
| Service revenue                                       |     | $                  | - |     | $                  |  157,440 |   |
| Cost of revenue                                       |     |                    | - |     |                    | (149,875 | ) |
| Gross (loss)/profit                                   |     |                    | - |     |                    |    7,565 |   |
| Operating expenses                                    |     |                    | - |     |                    | (106,480 | ) |
| Operations Loss                                       |     |                    | - |     |                    |  (98,915 | ) |
| Interest income (expense), net                        |     |                    | - |     |                    |      829 |   |
| Loss from discontinued operations                     |     |                    | - |     |                    |  (98,086 | ) |
| Losses from asset disposal of discontinued operations |     | $                  | - |     | $                  | (149,677 | ) |

7. INTANGIBLE ASSETS

Identifiable life intangible assets

As of June 30, 2025, the Company’s intangible assets consisted of unamortized tradename asset of $ 57,500which is being amortized over five years from the date of acquisition at a rate of $ 30,000per year.

Amortization expense was $ 22,500and $ 22,500for nine months ended June 30, 2025 and 2024.

Amortization expense for the next four fiscal years is as follows:

SCHEDULE OF AMORTIZATION EXPENSE

|             |     | Tradename    
 Amortization |        |
| 202