Company: IMG
Filing Date: 2025-07-21
Form Type: 10-K
Source: 0001641172-25-020300
Chunk: 248

Company: CIMG Inc.
Filing Date: 2025-07-21
Form: 10-K
Item: Item 1
Chunk 248
---
     319,221  
     - 

    Convertible
    Note 
     319,221  
     - 

    Deferred
    income 
     -  
     379,795 
  
    Other
    payables-related party 
     7,500  
     - 
  
    Other
    current liabilities 
     586,174 
     - 
  
    Liabilities
    held for disposal in the current period 
     -  
     115,644 

    Total
    current liabilities 
     5,987,324  
     2,556,403 

    Non-current
    liabilities: 

    Lease
    liability - operating lease, net of current portion 
     -  
     162,301 
  
    Non-current
    liabilities held for disposition 
     -  
     47,937 
  
    Total
    non current liabilities 
     - 
     210,238 

    Total
    liabilities 
    $5,987,324 
    $2,766,641 

    Stockholders’
    equity: 

    4,978,245 and
    748,644 Common
    shares issued and outstanding as of September 30, 2024 and 2023, respectively 
     50  
     8 
  
    Additional
    paid in capital 
     81,406,656  
     74,925,843 
  
    Accumulated
    deficit 
     (81,927,375) 
     (73,371,987)
  
    Accumulated
    other comprehensive income 
     433,399  
     120,493 
  
    Total
    stockholders’ equity 
     (87,271) 
     1,674,357 
  
    Total
    liabilities and stockholders’ equity 
    $5,900,054  
    $4,440,998 

The accompanying notes are
an integral part of these consolidated financial statements.

F-2

CIMG Inc. (f.k.a. NUZEE, INC.)

CONSOLIDATED STATEMENTS OF
OPERATIONS AND OTHER COMPREHENSIVE INCOME (LOSS)

(In U.S. dollars, except for share and per share data,
or otherwise noted)

    Year
    Ended  
    Year
    Ended