Company: IMG
Filing Date: 2025-11-07
Form Type: 10-Q/A
Source: 0001493152-25-021258
Chunk: 38

Company: CIMG Inc.
Filing Date: 2025-11-07
Form: 10-Q/A
Chunk 38
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expansion of new sales channels.

Operating Expenses

|                    |     | Three months ended 
 June 30,           |      2025 |     |   |      2024 |     | Change | Dollars  |   |     |     | %      |    |
|:-------------------|:----|:-------------------|----------:|:----|:--|----------:|:----|:-------|:---------|:--|:----|:----|:-------|:---|
| Operating Expenses |     | $                  | 1,117,290 |     | $ | 1,335,371 |     | $      | (218,081 | ) |     |     | (16.33 | )% |

For the three months ended June 30, 2025, the Company’s operating expenses were $1,117,290, representing a decrease of approximately 16.33% compared to $1,335,371 for the same period in 2024. The reduction was primarily driven by lower warehousing costs, decreased labor remuneration, and reduced professional service fees during the current period.

Net Loss

|      |     | Three        
 months ended 
 June         
 30,          |      2025 |     |   |      2024 |     | Change | Dollars  |   |     |     | %      |    |
|:-----|:----|:-------------|----------:|:----|:--|----------:|:----|:-------|:---------|:--|:----|:----|:-------|:---|
| Net  
 Loss |     | $            | 1,068,242 |     | $ | 1,192,434 |     | $      | (124,192 | ) |     |     | (10.41 | )% |

For the three months ended June 30, 2025, we incurred a net loss of $1,068,242, compared to a net loss of $1,192,434 for the same period
in 2024. The decrease in net loss was primarily attributable to reductions in product costs, storage expenses, employee compensation,
and professional service fees during the current period.

Comparison of nine months ended June 30, 2025 and 2024

Revenue

|         |     | Nine         
 months ended 
 June         
 30,          |   2025 |     |   |      202