Moving iMage Technologies Inc (MITQ)

Name: Moving iMage Technologies Inc Financial Statements
Creator: Quarter Results

Technology | Communication Equipment

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$3.8M

Net Income

-$388K

Operating Margin

-10.8%

Free Cash Flow

$437K

Debt / Assets

55.4%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Moving iMage Technologies Inc (MITQ).
Income Statement (Quarterly)	2025-12-31	2025-09-30	2025-03-31	2024-12-31
Revenue	3,793,000	5,582,000	3,571,000	3,441,000
Cost of Revenue	2,628,000	3,908,000	2,508,000	2,505,000
Gross Profit	1,165,000	1,674,000	1,063,000	936,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	1,526,000	1,276,000	1,284,000	1,450,000
Operating Expenses	1,573,000	1,324,000	1,333,000	1,497,000
Operating Income	-408,000	350,000	-270,000	-561,000
Interest Expense	0	0	0	0
Income Before Tax	-388,000	509,000	0	-527,000
Income Tax Expense	0	0	0	0
Net Income	-388,000	509,000	0	-527,000
Per Share
EPS	-0.04	0.05	-0.02	-0.05
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Moving iMage Technologies Inc (MITQ).
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 history for Moving iMage Technologies Inc (MITQ).
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 history for Moving iMage Technologies Inc (MITQ).
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 quarterly history for Moving iMage Technologies Inc (MITQ).
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 annual history for Moving iMage Technologies Inc (MITQ).
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