Company: QTIWW
Filing Date: 2025-01-16
Form Type: S-1
Source: 0001628280-25-001723
Chunk: 313

Company: QT IMAGING HOLDINGS, INC.
Filing Date: 2025-01-16
Form: S-1
Chunk 313
---
     |            |    401,900 |     |             |           — |     |       |    402,000 |
| Stock-based compensation                                                           |     |              |     |          — |     |        |      — |     |            |    709,394 |     |             |           — |     |       |    709,394 |
| Fair value of warrants                                                             |     |              |     |          — |     |        |      — |     |            |    156,505 |     |             |           — |     |       |    156,505 |
| Net loss                                                                           |     |              |     |          — |     |        |      — |     |            |          — |     |             |  -6,098,951 |     |       | -6,098,951 |
| Balance, December 31, 2023                                                         |     |              |     | 27,941,290 |     | $      | 27,941 |     | $          | 12,430,125 |     | $           | -17,770,145 |     | $     | -5,312,079 |

<div align='center'>The accompanying notes are an integral part of these consolidated financial statements.

F-5</div>

#### QT IMAGING, INC.

### CONSOLIDATED STATEMENTS OF CASH FLOWS
<div align='center'>For the years ended December 31, 2023 and 2022</div>

| Cash flows from operating activities:                                                         |     | 2023 |            |     | 2022 |            |
|:----------------------------------------------------------------------------------------------|:----|:-----|-----------:|:----|:-----|-----------:|
| Net loss                                                                                      |     | $    | -6,098,951 |     | $    | -6,256,068 |
| Adjustment to reconcile net loss to net cash used in operating activities:                    |     |      |            |     |      |            |
| Depreciation and amortization                                                                 |     |      |    480,694 |     |      |    651,750 |
| Stock-based compensation                                                                      |     |      |    709,394 |     |      |    790,755 |
| Fair value of warrants issued in exchange for services                                        |     |      |          — |     |      |    108,100 |
| Induced conversion expense                                                                    |