Company: IMG
Filing Date: 2025-11-07
Form Type: 10-Q/A
Source: 0001493152-25-021258
Chunk: 36

Company: CIMG Inc.
Filing Date: 2025-11-07
Form: 10-Q/A
Chunk 36
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, convenience stores, and vending machine operators. Looking ahead, we plan to expand into retail services and leverage digital technologies to optimize marketing strategies and diversify our sales models. Our distribution network already spans both online platforms and offline points of sale.

Our commitment extends beyond product quality and health benefits—we also focus on enhancing the packaging experience. Each design is crafted to resonate with professionals across various industries, making our products more personalized, youthful, and distinctive. For example, Maca-Noni represents a new entry into the functional beverage market, blending health-forward branding with innovative design.

Our customer base includes wholesale distributors such as grocery stores, convenience stores, and vending machine providers.

Nasdaq Listing Deficiency

On October 8, 2025, the Company received a delinquency notification letter from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (the “Nasdaq”) due to the Company’s non-compliance with Nasdaq Listing Rule 5620(a) and 5810(c)(2)(G) (the “Listing Rule”) as a result of the Company’s failure to hold an annual meeting of shareholders within twelve months of the end of the Company’s fiscal year end. The Company held its Annual Meeting of Stockholders on October 28, 2025.

Results of Operations

During the current fiscal year, we began selling and shipping the maca series products. We do not expect the revenue for the nine months ending June 30, 2025 to predict future quarters, as the maca product line was still in the process of new channel expansion in the June quarter, and sales revenue declined in the June quarter.

Our results of operations for the nine months ended June 30, 2025 are influenced by the aforementioned transactions.

Comparison of three months ended June 30, 2025 and 2024

Revenue

|         |     | Three months ended 
 June 30,           |   2025 |     |   |    2024 |     | Change | Dollars  |   |     |     | %      |    |
|:--------|:----|:-------------------|-------:|:----|:--|--------:|:----|:-------|:---------|:--|:----|:----|:-------|:---|
| Revenue |     | $                  | 61,578 |     | $ | 366,888 |     | $      | (305,310 | ) |     |     | (83.22 |