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-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 207 % -12.9%
Quick Ratio 69.8 % -20.1%
Debt-to-equity 86.8 % +33.7%
Return On Equity -29.6 % -99.7%
Return On Assets -15.8 % -76.3%
Operating Margin -10.7 % -37.1%

Shares

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

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 18.8M USD -10.6%
Research and Development Expense 271K USD +3.44%
Selling and Marketing Expense 2.4M USD -6.28%
General and Administrative Expense 3.57M USD -18.5%
Operating Income (Loss) -2.01M USD -22.6%
Nonoperating Income (Expense) 173K USD -53.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.84M USD -45.3%
Net Income (Loss) Attributable to Parent -1.84M USD -45.3%
Earnings Per Share, Basic -0.17 USD/shares -54.5%
Earnings Per Share, Diluted -0.17 USD/shares -54.5%

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 1.03M USD -49.7%
Inventory, Net 2.62M USD -44.9%
Assets, Current 9.2M USD -31.6%
Property, Plant and Equipment, Net 24K USD -7.69%
Operating Lease, Right-of-Use Asset 1.07M USD +208%
Intangible Assets, Net (Excluding Goodwill) 407K USD -12.7%
Goodwill 0 USD -100%
Other Assets, Noncurrent 16K USD 0%
Assets 10.7M USD -25.1%
Accounts Payable, Current 1.83M USD -37.1%
Employee-related Liabilities, Current 236K USD -0.84%
Accrued Liabilities, Current 347K USD -58.8%
Contract with Customer, Liability, Current 1.76M USD -30.9%
Liabilities, Current 4.11M USD -33.8%
Operating Lease, Liability, Noncurrent 922K USD +1113%
Liabilities 5.03M USD -19.9%
Retained Earnings (Accumulated Deficit) -6.28M USD -41.3%
Stockholders' Equity Attributable to Parent 5.69M USD -29.1%
Liabilities and Equity 10.7M USD -25.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -32K USD +84.5%
Net Cash Provided by (Used in) Investing Activities -1K USD +96.2%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 9.9M shares -7.38%
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 -32K USD +84.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.25M USD -18.1%
Deferred Tax Assets, Valuation Allowance 2.2M USD +50.8%
Deferred Tax Assets, Gross 1.98M USD +36.9%
Operating Lease, Liability 1.09M USD +200%
Depreciation 13.5K USD +42.1%
Payments to Acquire Property, Plant, and Equipment 1K USD -50%
Lessee, Operating Lease, Liability, to be Paid 1.36M USD +256%
Property, Plant and Equipment, Gross 758K USD +1.47%
Operating Lease, Liability, Current 170K USD -41%
Lessee, Operating Lease, Liability, to be Paid, Year Two 246K USD +59.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 236K USD +3.97%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure +12.5%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 265K USD +1459%
Lessee, Operating Lease, Liability, to be Paid, Year Three 255K USD
Deferred Tax Assets, Operating Loss Carryforwards 1.49M USD +52.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 266K USD
Additional Paid in Capital 12M USD -3.98%
Operating Leases, Future Minimum Payments, Due in Two Years 154K USD -49%
Amortization of Intangible Assets 15K USD +7.14%
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 0%
Operating Leases, Future Minimum Payments, Due in Three Years 174K USD
Operating Leases, Future Minimum Payments Due 456K USD -40.7%