{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-103752","form_type":"8-K","ticker":"MITQ","cik":"0001770236","company_name":"MOVING iMAGE TECHNOLOGIES INC.","filed_at":"2023-09-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.172018+00:00","generated_at":"2026-06-10T08:46:37.081350+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"MITQ FY2023 revenue +10% to $20.2M; GAAP net loss widens to $1.8M ($0.17/sh)","bullets":["FY2023 revenue $20.2M (+10.1% YoY); gross margin expanded 200bps to 26.3%.","GAAP net loss $1.8M ($0.17 loss per share) vs $1.3M loss in FY2022.","Non-GAAP net loss narrowed to $0.7M ($0.07/sh) from $1.5M ($0.14/sh).","Q4 net loss $1.3M ($0.12/sh) vs $0.7M; included $1.0M non-cash write-downs.","FY2024 guidance: low double-digit revenue growth, targeting non-GAAP break-even."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-103752","json":"https://secwatch.observer/filing/0001104659-23-103752.json","markdown":"https://secwatch.observer/filing/0001104659-23-103752.md","text":"https://secwatch.observer/filing/0001104659-23-103752.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1770236/000110465923103752/0001104659-23-103752-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1770236/000110465923103752/tm2326924d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T08:46:37.081350+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"10cbe93b0752fd63d2024e27ae0ffe7e5f75cf17","claim":"MOVING iMAGE TECHNOLOGIES INC. reported Fiscal Year 2023 results: revenue $20.2 million.","evidence_excerpt":"Fiscal Year 2023 Highlights (versus Fiscal 2Q22) · Revenue of $20.2 million compared to $18.4 million; · Gross Profit of $5.3 million compared to $4.5 million, Gross Margin expanded by 200 basis points to 26.3%; · GAAP Operating Loss of ($2.0) million compared to ($1.8) million; o GAAP Operating loss in fiscal 2023 included ($1.0 million) in non-cash accounting write-downs; · GAAP Net Loss and Loss per Share of ($1.8) million and ($0.17) compared to ($1.3) million and ($0.13), respectively; · Non-GAAP Net Loss and Loss per Share of ($0.7) million and ($0.07) compared to Non-GAAP Net Loss and Loss per Share of ($1.5) million and ($0.14), respectively.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1770236/000110465923103752/0001104659-23-103752-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fiscal Year 2023"},{"label":"Revenue","value":"$20.2 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"6e5d076aa15ee403eda60a2811da9d6aeb687ce6","claim":"MOVING iMAGE TECHNOLOGIES INC. updated its Fiscal 2024 guidance (initiated).","evidence_excerpt":"Fiscal 2024 Commentary “Given the lumpy nature of our legacy business, we are approaching fiscal 2024 guidance cautiously by targeting low double-digit revenue growth from our legacy businesses while continuing to move towards break-even on a non-GAAP basis.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1770236/000110465923103752/0001104659-23-103752-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fiscal 2024"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"9f1c7cbb08c074bb72aca6844548e6d7e23ea1b1","claim":"MOVING iMAGE TECHNOLOGIES INC. reported Fourth Quarter Fiscal 2023 results: revenue $5.8 million.","evidence_excerpt":"Fourth Quarter Fiscal 2023 Highlights (versus Fiscal 2Q22) · Revenue of $5.8 million compared to $5.6 million; · Gross Profit of $1.4 million compared to $1.5 million, and Gross Margin of 24.2%; · GAAP Operating Loss of ($1.4) million compared to ($0.5) million; o GAAP Operating loss in fiscal 2023 included ($1.0 million) in non-cash accounting write-downs; · GAAP Net Loss and Loss per Share of ($1.3) million and ($0.12) compared to ($0.7) million and ($0.07), respectively; · Non-GAAP Net Loss and Loss per Share of ($0.2) million and ($0.02) compared to ($0.7) million and ($0.06), respectively.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1770236/000110465923103752/0001104659-23-103752-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth Quarter Fiscal 2023"},{"label":"Revenue","value":"$5.8 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}