Company: QTIWW
Filing Date: 2025-01-16
Form Type: S-1
Source: 0001628280-25-001723
Chunk: 446

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-01-16
Form: S-1
Chunk 446
---
31, 
         2023 |     |   |   Year Ended 
 December 31, 
         2022 |
|:---------------------------------|:----|:--|-------------:|:----|:--|-------------:|
| Fair value - beginning of period |     | $ |      257,492 |     | $ |            — |
| Additions                        |     |   |    1,240,000 |     |   |      260,000 |
| Change in fair value             |     |   |        8,897 |     |   |       -2,508 |
| Fair value - end of period       |     | $ |    1,506,389 |     | $ |      257,492 |

<div align='center'>F-86</div>

#### GIGCAPITAL5, INC.

#### Notes to Financial Statements

#### 9.

#### INCOME TAX
The sources of loss before provision for income taxes are as follows for the year ended December 31, 2023 and 2022:

|          |     |   |   Year Ended 
 December 31, 
         2023 |     |   |   Year Ended 
 December 31, 
         2022 |
|:---------|:----|:--|-------------:|:----|:--|-------------:|
| Domestic |     | $ |   -3,605,472 |     | $ |   -2,287,692 |
| Foreign  |     |   |            — |     |   |            — |
| Total    |     | $ |   -3,605,472 |     | $ |   -2,287,692 |

The provision for income taxes was comprised of the following for the year ended December 31, 2023 and 2022:

|                                  |     |   |   Year Ended 
 December 31, 
         2023 |     |   |   Year Ended 
 December 31, 
         2022 |
|:---------------------------------|:----|:--|-------------:|:----|:--|-------------:|
| Current:                         |     |   |              |     |   |              |
| Federal                          |     | $ |      285,990 |     | $ |      342,216 |
| State and local                  |     |   |      133,129 |     |   |      144,399 |
|