Every 10-K that Moving iMage Technologies, Inc. (MITQ) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow MITQ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MITQ filings page.
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. reported backlog of $7.52 million at June 30, 2025, up from $5.93 million a year earlier, with those orders planned for shipment by April 30, 2026. Revenue-related operating expenses declined to $18.147 million for the year ended June 30, 2025 from $20.139 million, attributed primarily to the protracted SAG/AFTRA strike. The company repurchased 273,000 shares for $303,000, leaving $697,000 capacity under its repurchase authorization. At June 30, 2025 the equity plan had 1,220,000 awards available. Management states no pending litigation expected to have a material adverse effect.
Moving Image Technologies, Inc. (MITQ) filed its Form 10-K for year ended June 30, 2025. The company reports continued recovery in the cinema-equipment market as a large majority of domestic and international theaters were open and new film content levels remain below historical norms. Management has consolidated reporting into a single operating and reportable segment and recorded no impairments for the periods presented.
The filing discloses several material items: a $300,000 loan to The Five Agency to support formation of SNDBX that grants MITQ a 5% equity stake and a secured note with 10% interest and conversion rights; an active $1.0 million share repurchase program with ~273,000 shares repurchased for $303,000 by June 30, 2024; rising reserves including an inventory reserve of $1,304,000 and an allowance for credit losses of $436,000 as of June 30, 2025; executive changes including the resignation of Mr. Rafnson as President effective October 30, 2024 and option grants and repricing with $70,000 of stock-based compensation recognized in fiscal 2025.