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 reported FY2026 net sales of $17.317 million and a net loss of $297,000 for the year ended June 30, 2026; FY2025 sales were $18.147 million and the net loss was $948,000. The company said its annual net loss narrowed 69%. Fourth-quarter sales were $4.545 million, compared with $5.883 million a year earlier, while the quarterly net loss was $296,000 versus $156,000.
FY2026 gross profit was $5.032 million, versus $4.573 million, and operating loss was $498,000, compared with $1.086 million. Net cash used in operating activities was $2.467 million, versus $437,000 provided in FY2025; cash at June 30, 2026 was $3.193 million. DCS products order backlog stood at approximately $458,000. Fiscal 2027 opportunities include refurbishments across 16 screens at two locations and a separate Bay Area project expected to commence early in calendar 2027. The company expressed optimism about the potential for FY2027 top-line growth and profitability.
Moving iMage Technologies, Inc. designs, manufactures and distributes cinema equipment and provides project design, installation and support services to theaters and other entertainment venues. On October 31, 2025, it purchased QSC, LLC’s Digital Cinema Speaker Series loudspeaker product line and related assets for $1.5 million. Sales backlog was approximately $6.96 million at June 30, 2026, representing orders planned for shipment during fiscal 2027, compared with $7.52 million at June 30, 2025.
Management concluded that disclosure controls were not effective at June 30, 2026, due to material weaknesses involving the closing and financial-reporting process, accounting policies and procedures, segregation of duties, and journal-entry review. Remediation steps include updated month-end close checklists, added segregation of duties, CFO approval of month-end journal entries, and training by financial executives. Management said there can be no assurance the weaknesses will be remediated on time.
Moving iMAGE Technologies Inc. Chief Financial Officer Barton John Bedard was granted 75,000 employee stock options on April 27, 2026, under the issuer’s 2019 Incentive Stock Option Plan. The options have an exercise price of $0.69 per share and expire April 27, 2037. The award vested 25% immediately, with the balance vesting at 33% per year on the grant anniversary thereafter.
Moving iMAGE Technologies Inc. identifies Barton John Bedard, its Chief Financial Officer, as a reporting person.
MOVING iMAGE TECHNOLOGIES INC. (symbol: MITQ) is the issuer of record for a Form 4 filing submitted to the SEC. STISKA JOHN reported acquisition or exercise transactions in this Form 4 filing.
Moving iMAGE Technologies Inc. (MITQ) director John Stiska reported direct grants of 1,005 shares of common stock on May 12, 2026, and 851 shares on February 9, 2026. The reported grants, including earlier awards, were made under the issuer’s 2019 Omnibus Incentive Stock Plan and represent a portion of his compensation as a director. No Rule 10b5-1 plan is reported.
MOVING iMAGE TECHNOLOGIES INC. (symbol: MITQ) is the issuer of record for a Form 4 filing submitted to the SEC. CROTHALL KATHERINE D reported acquisition or exercise transactions in this Form 4 filing.
Moving iMAGE Technologies Inc. director Katherine D. Crothall received direct common-stock awards under the issuer’s 2019 Omnibus Incentive Stock Plan, described as part of her director compensation. The most recent reported award was 2,058 shares on April 9, 2026; separate awards on February 9, 2026 were 2,553 and 3,015 shares. No Rule 10b5-1 plan is reported.
MOVING iMAGE TECHNOLOGIES INC. (symbol: MITQ) is the issuer of record for a Form 4 filing submitted to the SEC. ANDERSON SCOTT LLOYD reported acquisition or exercise transactions in this Form 4 filing.
MOVING iMAGE TECHNOLOGIES INC. (MITQ) director Anderson Scott Lloyd received a direct grant of 3,015 common shares on May 12, 2026, under the company's 2019 Omnibus Incentive Stock Plan. The shares were described as a portion of his compensation as a director. Other reported grants in 2026 were 2,058 shares on April 9 and 2,553 shares on February 9. No Rule 10b5-1 plan is reported.
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.