Welcome to our dedicated page for Moving Image Technologies SEC filings (Ticker: MITQ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Moving iMage Technologies, Inc. filings document the public-company record for a Delaware operating company whose common stock trades on NYSE American under MITQ. Its Form 8-K reports cover results of operations and Regulation FD disclosures, annual meeting matters, shareholder proposal deadlines, officer appointments and compensatory arrangements, and material definitive agreements.
The filing record also documents the completed acquisition of the DCS loudspeaker product line, including related intellectual property, inventory, supplier agreements, technical documentation and customer support rights. Proxy materials describe board elections, stockholder voting matters, governance procedures and business commentary tied to cinema technology, installation services, proprietary products and expense management.
Moving iMage Technologies, Inc. reported fiscal Q3 2026 results with net sales of $3,397 (in thousands), slightly below $3,571 a year earlier, and a quarterly net loss of $122 (in thousands), improved from a $240 loss.
For the nine months ended March 31, 2026, net sales were $12,771 (in thousands) versus $12,264 a year ago, while net loss narrowed sharply to $1 (in thousands) from $792. Gross profit for Q3 rose to $1,183 (in thousands) from $1,063, though the company still posted an operating loss.
Cash declined to $2,363 (in thousands) as of March 31, 2026 from $5,715 at June 30, 2025, driven by $3,301 (in thousands) of net cash used in operating activities. Management highlighted growing interest in its DCS cinema loudspeaker line, international distribution expansion, and expects Q4 2026 revenue of approximately $5,000 (in thousands) with gross margin between 25% and 30%.
Moving iMage Technologies reported relatively steady results for the quarter ended March 31, 2026. Quarterly net sales were $3.397 million, down slightly from $3.571 million, but gross profit rose to $1.183 million, lifting gross margin to 34.8% from 29.8% on higher-margin Digital Cinema Speaker Series sales and a discounted inventory purchase.
The company posted a quarterly net loss of $0.122 million, improving from a $0.240 million loss. For the nine months, revenue grew to $12.771 million from $12.264 million and net loss was essentially breakeven at $0.001 million, versus a $0.792 million loss a year earlier.
Cash declined to $2.363 million from $5.715 million, mainly due to a $1.5 million purchase of the DCS loudspeaker line and related inventory, contributing to $3.301 million of operating cash outflow. Management still expects available cash and operations to fund the business for at least 12 months, but disclosure controls and procedures remain not effective due to ongoing material weaknesses in internal control over financial reporting.
Moving iMage Technologies, Inc. announced a Chief Financial Officer transition. On April 27, 2026, William F. Greene retired and resigned as CFO, and the Board appointed Bart Bedard, age 70, as the new CFO effective the same day. The company states Greene’s departure was not due to any disagreement on operations, policies, or practices, and he will continue in an advisory role through approximately October 2026.
Under his employment offer letter, Bedard will receive a base salary of $200,000 per year and a $10,000 signing bonus, subject to pro-rata repayment if he voluntarily resigns within 12 months. He will also be granted 75,000 stock options at fair market value as of April 27, 2026, with 25% vesting immediately and the remaining 75% vesting in equal annual installments over three years. The role includes broad responsibility for financial reporting, SEC compliance, internal controls, budgeting, and supporting the company’s growth and operational development.
Moving iMage Technologies, Inc. held its annual stockholder meeting on April 9, 2026. There were 9,945,115 shares of common stock outstanding as of the February 17, 2026 record date, and 4,971,735 shares were represented in person or by proxy.
Stockholders elected all five director nominees, with each receiving more than 3.4 million votes “for” and substantial broker non-votes, which is typical when brokers cannot vote on certain items. They also ratified Haskell & White LLP as independent registered public accounting firm for the fiscal year ending June 30, 2026, with 4,933,204 votes for, 34,730 against, and 3,801 abstentions.
Moving iMage Technologies, Inc. is asking stockholders to vote at its April 9, 2026 annual meeting to elect five directors and ratify Haskell & White LLP as independent auditor for the year ending June 30, 2026.
The proxy highlights fiscal 2025 progress, including a shift toward higher‑margin products, a 9% reduction in operating expenses versus 2024, and gross margin improvement to 25.2% from 23.3%, which together reduced net loss and generated positive operating cash flow. The company reports a recurring annual revenue stream of approximately $8–$9 million and describes its October 2025 acquisition of the DCS cinema loudspeaker product line from QSC as a key opportunity to expand globally.
The filing outlines board structure, committee independence, director and executive biographies, 2019 equity incentive plan details, executive and director compensation, and ownership data, noting 9,945,115 common shares outstanding as of February 17, 2026. It also describes the company’s clawback policy, insider trading and short‑sale restrictions, and procedures for future stockholder proposals.
Moving iMage Technologies reported fiscal Q2 2026 results with revenue of $3.793 million, up from $3.441 million, reflecting about 10% growth in what it describes as a seasonally slow quarter. Gross profit rose to $1.165 million, but the company still posted a net loss of $0.388 million, an improvement from a $0.527 million loss a year earlier.
For the first six months, net sales reached $9.375 million and net income was $0.122 million, compared with a $0.552 million loss in the prior-year period, indicating a swing to modest profitability year-to-date. Cash was $3.913 million at December 31, 2025, down from $5.715 million at June 30, 2025, as operating activities used $1.802 million of cash.
Management highlighted early traction from the DCS loudspeaker acquisition, expanding international distribution through more than 25 cinema equipment dealers across over fifty countries and initial shipments in multiple regions. They guided to Q3 2026 revenue of approximately $3 million with gross margin percentage expected to return to the prior year’s lower levels, while emphasizing cost and margin initiatives aimed at consistent profitability.
Moving iMage Technologies, Inc. reported higher sales and improved profitability for the six months ended December 31, 2025. Net sales rose to $9.4 million from $8.7 million a year earlier, driven mainly by higher one-time equipment sales, while estimated recurring quarterly revenue is about $2 million.
Gross profit for the six‑month period increased to $2.8 million, with gross margin improving to 30.3% from 26.5% on higher‑margin products. The company moved from a net loss of $0.6 million to net income of $0.1 million, or $0.01 per diluted share.
For the most recent quarter, revenue grew 10.2% to $3.8 million, and the net loss narrowed to $0.4 million. Cash declined to $3.9 million from $5.7 million at June 30, 2025, largely due to a $1.5 million purchase of QSC’s Digital Cinema Speaker Series assets. Management still expects to have sufficient cash for at least 12 months, but disclosure controls remain not effective because of ongoing material weaknesses in internal control over financial reporting.
Moving iMage Technologies, Inc. has set its 2026 annual stockholders meeting for April 9, 2026, to be held in person at its Fountain Valley, California office. Stockholders of record on February 17, 2026 will be entitled to receive notice of and vote at the meeting.
Stockholder proposals for inclusion in the Company’s proxy materials under Rule 14a-8 must reach the Company’s Secretary by the close of business on February 18, 2026. Other proposals or director nominations, including those made outside Rule 14a-8, must also be received by February 18, 2026 and comply with the Company’s Amended and Restated Bylaws and SEC rules.
For stockholders planning to use the SEC’s universal proxy rules to solicit proxies for alternative director nominees, notice containing the information required by Rule 14a-19 must be postmarked or transmitted electronically to the Company no later than February 8, 2026, which is 60 days before the meeting date.
Moving iMage Technologies, Inc. filed a Form 8-K stating that on November 14, 2025 it issued a press release and held a conference call to report financial results for the three months ended September 30, 2025. The press release is attached as Exhibit 99.1 and incorporated by reference into the report. The company notes that the information furnished under the results and Regulation FD items, including the exhibits, is not deemed filed for liability purposes under the Exchange Act or automatically incorporated into other Securities Act or Exchange Act filings.
Moving iMage Technologies (MITQ) reported a profitable quarter. For the three months ended September 30, 2025, net sales were $5.582 million, up 6.3% year over year. Gross margin improved to 30.0% from 26.1%, lifting operating results to income of $350,000 versus a loss a year ago. Net income reached $509,000, or $0.05 per diluted share.
Operating expenses fell to $1.324 million, aided by lower selling and marketing costs. Other income of $159,000 included a one‑time $128,000 extinguishment of payables. Cash was $5.548 million, and operating cash flow was a modest use of $(167,000) as receivables and prepaids increased.
Customer concentration remained, with one customer accounting for 12% of quarterly sales. As a subsequent event, on October 31, 2025 the company purchased QSC’s Digital Cinema Speaker Series assets for $1.5 million. Management noted ongoing material weaknesses in internal controls, while stating it expects to generate sufficient cash to sustain operations for 12 months.