MOVING iMAGE TECHNOLOGIES INC. financial data

Symbol
MITQ on NYSE
Industry
Photographic Equipment & Supplies
Location
17760 Newhope Street, Fountain Valley, CA
State of incorporation
DE
Fiscal year end
June 30
Latest financial report
10-K - Q2 2024 - Sep 27, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 207 % -14.8%
Quick Ratio 72.8 % -18.8%
Debt-to-equity 83.9 % +35.2%
Return On Equity -20.2 % 0%
Return On Assets -11 % +11.9%
Operating Margin -7.73 % +20.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.9M shares -7.38%
Common Stock, Shares, Outstanding 9.99M shares -6.54%
Entity Public Float 7M USD -21.3%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 10.5M shares -4.03%
Weighted Average Number of Shares Outstanding, Diluted 10.5M shares -4.03%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 20.1M USD -0.34%
Research and Development Expense 277K USD +6.13%
Selling and Marketing Expense 2.41M USD -8.21%
General and Administrative Expense 3.55M USD -19.2%
Operating Income (Loss) -1.56M USD +21.2%
Nonoperating Income (Expense) 185K USD +4.52%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.37M USD +23.7%
Net Income (Loss) Attributable to Parent -1.37M USD +23.7%
Earnings Per Share, Basic -0.13 USD/shares +18.8%
Earnings Per Share, Diluted -0.13 USD/shares +18.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.36M USD +0.32%
Marketable Securities, Current 4.42M USD
Accounts Receivable, after Allowance for Credit Loss, Current 1.05M USD +15.8%
Inventory, Net 3.12M USD -29.5%
Assets, Current 9.91M USD -20%
Property, Plant and Equipment, Net 28K USD 0%
Operating Lease, Right-of-Use Asset 144K USD -65.3%
Intangible Assets, Net (Excluding Goodwill) 422K USD -12.1%
Goodwill 0 USD -100%
Other Assets, Noncurrent 16K USD 0%
Assets 10.5M USD -21.1%
Accounts Payable, Current 2.26M USD +50%
Employee-related Liabilities, Current 178K USD -1.11%
Accrued Liabilities, Current 719K USD +16.3%
Contract with Customer, Liability, Current 2.08M USD -37.6%
Liabilities, Current 4.81M USD -14.1%
Operating Lease, Liability, Noncurrent 76K USD -79.1%
Liabilities 4.81M USD -16.3%
Retained Earnings (Accumulated Deficit) -6.26M USD -28.1%
Stockholders' Equity Attributable to Parent 5.71M USD -24.7%
Liabilities and Equity 10.5M USD -21.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -207K USD -935%
Net Cash Provided by (Used in) Investing Activities -1K USD +96.2%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 9.99M shares -6.54%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -208K USD -352%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.28M USD -20.2%
Deferred Tax Assets, Valuation Allowance 2.16M USD +38.7%
Deferred Tax Assets, Gross 1.98M USD +36.9%
Operating Lease, Liability 151K USD -65%
Depreciation 12K USD +33.3%
Payments to Acquire Property, Plant, and Equipment 1K USD -50%
Lessee, Operating Lease, Liability, to be Paid 154K USD
Property, Plant and Equipment, Gross 758K USD +1.61%
Operating Lease, Liability, Current 151K USD -46.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 154K USD -49%
Lessee, Operating Lease, Liability, to be Paid, Year One 154K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3K USD -88%
Lessee, Operating Lease, Liability, to be Paid, Year Three 154K USD
Deferred Tax Assets, Operating Loss Carryforwards 1.48M USD +35%
Additional Paid in Capital 12M USD -3.99%
Operating Leases, Future Minimum Payments, Due in Two Years 154K USD -49%
Amortization of Intangible Assets 14K USD -41.7%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 302K USD +3.07%
Deferred Tax Assets, Net of Valuation Allowance 2.16M USD +38.7%
Share-based Payment Arrangement, Expense 21K USD
Operating Leases, Future Minimum Payments, Due in Three Years 174K USD
Operating Leases, Future Minimum Payments Due 456K USD -40.7%