CIMG
CIMGCIK 0001527613
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CIMG files S-1/A for direct offering of up to 900M units at $0.015 each, targeting ~$13.5M initial gross proceeds
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Latest financial statements
From 10-Q filed Aug 13, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Consolidated Statements of Operations (Unaudited)
| Description | Three months ended June 30, 2026 | Three months ended June 30, 2025 | Nine months ended June 30, 2026 | Nine months ended June 30, 2025 |
|---|---|---|---|---|
| Revenues, net | 2,171,330 | 61,578 | 21,155,117 | 84,431 |
| Cost of sales | (2,170,753) | (56,445) | (21,053,471) | (63,819) |
| Gross profit | 577 | 5,133 | 101,646 | 20,612 |
| Operating expenses | (854,594) | (1,117,290) | (4,272,374) | (3,387,725) |
| Loss from operations | (854,017) | (1,112,157) | (4,170,728) | (3,367,113) |
| Fair value variation | (9,652,779) | - | (41,286,525) | - |
| Other income | 17,007 | 48,506 | 94,053 | 452,142 |
| Other expense | (858) | (4,546) | (8,181) | (54,866) |
| Loss on acquisition | - | (45) | - | (20,210) |
| Loss on disposal of subsidiary | (5,319) | - | 14,505 | - |
| Net loss from continuing operations | (10,495,966) | (1,068,242) | (45,356,876) | (2,990,047) |
| Income Tax | - | - | - | - |
| Net loss | (10,495,966) | (1,068,242) | (45,356,876) | (2,990,047) |
| Non-controlling interest | (4,842) | 931 | 1,366 | 931 |
| Net loss attributable to CIMG Inc. | (10,491,124) | (1,069,173) | (45,358,242) | (2,990,978) |
| Basic and diluted loss per common share | (0.04) | (0.66) | (0.43) | (3.28) |
| Basic and diluted weighted average number of Common Stock outstanding | 271,662,655 | 1,609,761 | 105,096,203 | 911,301 |
Consolidated Balance Sheets (Unaudited)
| Description | June 30, 2026 | September 30, 2025 |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalent | 5,397 | 137,287 |
| Accounts receivable, net | - | 55,258 |
| Inventories, net | - | 11,893,318 |
| Prepaid expenses and other current assets | 1,688,869 | 4,948,022 |
| Other Receivables Related Parties | 175,438 | 92,457 |
| Total current assets | 1,869,704 | 17,126,342 |
| Non-current assets: | ||
| Property and equipment, net | 975 | 2,200 |
| Right-of-use asset operating lease | 2,907 | 20,340 |
| Intangible assets, net | - | 2,201 |
| Digital assets | 67,194,891 | 57,024,465 |
| Total non-current assets | 67,198,773 | 57,049,206 |
| Total assets | 69,068,477 | 74,175,548 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued expenses | 1,552,574 | 1,464,144 |
| Short term loan | - | 447,164 |
| Current portion of lease liability operating lease | - | 13,346 |
| Convertible note-related party | - | 1,838,041 |
| Other payables-related party | 2,216,524 | 211,475 |
| Advance Received | 52,170 | 105,653 |
| Other current liabilities | 2,972,215 | 22,250,590 |
| Tax payable | 2,458,898 | 1,314,686 |
| Total current liabilities | 9,252,381 | 27,645,099 |
| Total liabilities | 9,252,381 | 27,645,099 |
| Stockholders’ equity: | ||
| 1,960,301,064 and 9,825,704 shares of Common Stock issued and outstanding as of June 30, 2026 and September 30, 2025, respectively* | 19,604 | 99 |
| Additional paid-in capital | 191,183,815 | 132,531,653 |
| Accumulated deficit | (132,586,360) | (87,228,118) |
| Accumulated other comprehensive income | 388,621 | 431,598 |
| Total shareholders’ equity of the Company | 59,005,680 | 45,735,232 |
| Non-controlling interests | 810,416 | 795,217 |
| Total stockholders’ equity | 59,816,096 | 46,530,449 |
| Total liabilities and stockholders’ equity | 69,068,477 | 74,175,548 |
Consolidated Statements of Cash Flows (Unaudited)
| Description | Nine months ended June 30, 2026 | Nine months ended June 30, 2025 |
|---|---|---|
| Operating activities: | ||
| Net loss | (45,356,876) | (2,990,047) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Fair value variation | 41,286,525 | - |
| Gain on disposal of subsidiary | (14,505) | - |
| Depreciation and amortization | 3,561 | 23,095 |
| Noncash lease expense | 36,538 | 93,351 |
| Loss on acquisition | - | 20,210 |
| Bad debt losses | 1,891 | - |
| Equity Incentive | 1,532,576 | 641,880 |
| Change in operating assets and liabilities: | ||
| Accounts receivable | 53,367 | (62,032) |
| Inventories | 11,893,318 | (7,278,644) |
| Prepaid expenses and other current assets | 3,259,153 | (860,895) |
| Other receivables related party | (82,981) | - |
| Digital assets | (24,456,951) | - |
| Accounts payable | 88,430 | (691,619) |
| Other payables-related party | 2,005,049 | - |
| Accrued Interest | 49,776 | - |
| Lease liability operating lease | 27,377 | (97,486) |
| Accrued expenses and other current liabilities | (676,610) | (31,506) |
| Net cash used in operating activities | (10,350,362) | (11,233,693) |
| Investing activities: | ||
| Proceeds from disposal of equipment | - | 10,736 |
| Cash received from the acquisition of subsidiaries | - | 8,956 |
| Cash decrease from disposal of subsidiary | (267) | - |
| Net cash used in investing activities | (267) | 19,692 |
| Financing activities: | ||
| Repayment from loans | - | (1,486,996) |
| Proceeds from private placement | - | 2,451,628 |
| Proceeds from issuance of Common Stock and exercise from warrants | 10,293,075 | 10,000,000 |
| Net cash provided by financing activities | 10,293,075 | 10,964,632 |
| Effect of foreign exchange on cash | (74,336) | (178,895) |
| Net change in cash | (131,890) | (428,264) |
| Cash, beginning of period | 137,287 | 464,222 |
| Cash, end of period | 5,397 | 35,958 |
| Supplemental disclosure of cash flow information: | ||
| Cash paid for interest | - | - |
| Cash paid for taxes | - | - |
| Subscription receivable | - | 616,474 |
Amounts as printed on the EDGAR/iXBRL face. Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗