Company: IMG
Filing Date: 2025-08-26
Form Type: 10-Q
Source: 0001641172-25-025514
Chunk: 2

Company: CIMG Inc.
Filing Date: 2025-08-26
Form: 10-Q
Item: Item 1
Chunk 2
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)
  
    Net
    loss from continuing operations 
     (1,536,249) 
     (2,026,207)
  
    Losses
    caused by the termination of business 
     -   
     (122,404)
  
    Net
    loss 
    $(1,536,249) 
     (2,148,611)

    Basic
    and diluted loss per common share 
     (0.17) 
     (1.84)

    Basic
    and diluted weighted average number of common stock outstanding 
     8,982,676  
     1,168,221 

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

*The
discrepancy in financial data as of December 31, 2023 is due to the split of discontinued operations  .(Refer to “Note
6. Discontinued operations”)

5

CIMG
Inc.

CONSOLIDATED
STATEMENTS OF COMPREHENSIVE LOSS

(UNAUDITED)

    Three
                                            Months Ended  
    Three Months Ended 
  
    For
    the three months ended December 31 
    December
    31, 2024  
    December 31, 2023 
  
    Net
    loss 
    $(1,536,249) 
    $(2,148,611)

    Foreign
    currency translation 
     (192,038) 
     42,408 
  
    Total
    other comprehensive income (loss), net of tax 
     (192,038)  
     42,408 
  
    Comprehensive
    loss 
    $(1,728,287) 
    $(2,106,203)

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

6

CIMG
Inc.

CONSOLIDATED
STATEMENTS OF STOCKHOLDERS’ EQUITY

(UNAUDITED)

    Shares  
    Amount  
    capital  
    deficit  
    income  
    Total 

    Common
    Stock  
    Additional
    paid-in  
    Accumulated  
    Accumulated
    Other Comprehensive  

    Shares  
    Amount  
    capital  
    deficit  
    income  
    Total 

    Balance
    September 30, 2024 
     4,978,245  
    $