Moving iMage Technologies Inc (MITQ)

Technology | Communication Equipment
Income Statement (Quarterly) 2025-09-30 2025-03-31 2024-12-31 2024-09-30
Revenue 5,582,000 3,571,000 3,441,000 5,252,000
Cost of Revenue 3,908,000 2,508,000 2,505,000 3,880,000
Gross Profit 1,674,000 1,063,000 936,000 1,372,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 1,276,000 1,284,000 1,450,000 1,379,000
Operating Expenses 1,324,000 1,333,000 1,497,000 1,440,000
Operating Income 350,000 -270,000 -561,000 -68,000
Interest Expense 0 0 0 0
Income Before Tax 509,000 0 -527,000 -25,000
Income Tax Expense 0 0 0 0
Net Income 509,000 0 -527,000 -25,000
Per Share
EPS 0.05 -0.02 -0.05 0.00
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Revenue 18,147,000 20,139,000 20,207,000 18,351,000 7,247,000
Cost of Revenue 13,574,000 15,456,000 14,897,000 13,890,000 5,558,000
Gross Profit 4,573,000 4,683,000 5,310,000 4,461,000 1,689,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 5,456,000 5,963,000 6,070,000 5,985,000 3,036,000
Operating Expenses 5,659,000 6,240,000 7,285,000 6,223,000 3,188,000
Operating Income -1,086,000 -1,557,000 -1,975,000 -1,762,000 -1,499,000
Interest Expense 0 0 0 40,000 237,000
Income Before Tax -948,000 -1,372,000 -1,798,000 -1,345,000 -1,042,000
Income Tax Expense 0 0 777,000 -417,000 0
Net Income -948,000 -1,372,000 -1,798,000 -928,000 -1,042,000
Per Share
EPS -0.10 -0.13 -0.16 -0.09 -0.08
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Assets
Cash and Cash Equivalents 5,715,000 5,278,000 6,616,000 2,340,000
Short Term Investments 0 0 0 4,363,000
Net Receivables 1,464,000 1,048,000 905,000 1,762,000
Inventory 2,066,000 3,117,000 4,419,000 4,033,000
Total Current Assets 9,407,000 9,913,000 12,391,000 13,362,000
Property Plant Equipment 1,102,000 172,000 443,000 22,000
Goodwill and Intangibles 364,000 422,000 480,000 1,126,000
Total Assets 10,888,000 10,523,000 13,330,000 14,851,000
Liabilities
Account Payables 3,009,000 2,261,000 1,507,000 1,583,000
Short Term Debt 227,000 151,000 280,000 0
Total Current Liabilities 5,113,000 4,813,000 5,600,000 5,414,000
Long Term Debt 918,000 0 151,000 0
Total Liabilities 6,031,000 4,813,000 5,751,000 5,436,000
Shareholders Equity
Retained Earnings -7,204,000 -6,255,000 -4,883,000 -3,085,000
Total Shareholders Equity 4,857,000 5,710,000 7,579,000 9,415,000
Balance Sheet (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Assets
Cash and Cash Equivalents 5,715,000 5,278,000 6,616,000 2,340,000 1,269,000
Short Term Investments 0 0 0 4,363,000 0
Net Receivables 1,464,000 1,048,000 905,000 1,762,000 454,000
Inventory 2,066,000 3,117,000 4,419,000 4,033,000 1,534,000
Total Current Assets 9,407,000 9,913,000 12,391,000 13,362,000 3,343,000
Property Plant Equipment 1,102,000 172,000 443,000 22,000 21,000
Goodwill and Intangibles 364,000 422,000 480,000 1,126,000 1,222,000
Total Assets 10,888,000 10,523,000 13,330,000 14,851,000 5,719,000
Liabilities
Account Payables 3,009,000 2,261,000 1,507,000 1,583,000 1,911,000
Short Term Debt 227,000 151,000 280,000 0 2,099,000
Total Current Liabilities 5,113,000 4,813,000 5,600,000 5,414,000 6,003,000
Long Term Debt 918,000 0 151,000 0 1,702,000
Total Liabilities 6,031,000 4,813,000 5,751,000 5,436,000 7,730,000
Shareholders Equity
Retained Earnings -7,204,000 -6,255,000 -4,883,000 -3,085,000 0
Total Shareholders Equity 4,857,000 5,710,000 7,579,000 9,415,000 -2,011,000
Cash Flow Statement (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Operating Activities
Net Income -948,000 -1,372,000 -1,798,000 -1,345,000
Depreciation & Amortization 323,000 341,000 349,000 115,000
Stock Based Compensation 96,000 66,000 146,000 245,000
Change in Working Capital 801,000 -604,000 671,000 -1,724,000
Operating Cash Flow 437,000 -796,000 269,000 -3,387,000
Investing Activities
Capital Expenditure 0 -12,000 -15,000 -20,000
Investments 0 -12,000 -15,000 -20,000
Investing Cash Flow 0 -12,000 4,311,000 -4,956,000
Financing Activities
Debt Repayment 0 0 0 -1,831,000
Common Stock Issued/Repurchased 0 -530,000 -457,000 11,244,000
Dividends Paid 0 0 0 0
Financing Cash Flow 0 -530,000 -304,000 9,413,000
Summary
Free Cash Flow 437,000 -808,000 254,000 -3,407,000
Net Change in Cash 437,000 -1,338,000 4,276,000 1,070,000
Cash Flow Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Operating Activities
Net Income -948,000 -1,372,000 -1,798,000 -1,345,000 -1,042,000
Depreciation & Amortization 323,000 341,000 349,000 115,000 227,000
Stock Based Compensation 96,000 66,000 146,000 245,000 0
Change in Working Capital 801,000 -604,000 671,000 -1,724,000 -200,000
Operating Cash Flow 437,000 -796,000 269,000 -3,387,000 -1,631,000
Investing Activities
Capital Expenditure 0 -12,000 -15,000 -20,000 -2,000
Investments 0 -12,000 -15,000 -20,000 -2,000
Investing Cash Flow 0 -12,000 4,311,000 -4,956,000 -2,000
Financing Activities
Debt Repayment 0 0 0 -1,831,000 -128,000
Common Stock Issued/Repurchased 0 -530,000 -457,000 11,244,000 0
Dividends Paid 0 0 0 0 0
Financing Cash Flow 0 -530,000 -304,000 9,413,000 1,844,000
Summary
Free Cash Flow 437,000 -808,000 254,000 -3,407,000 -1,633,000
Net Change in Cash 437,000 -1,338,000 4,276,000 1,070,000 211,000