{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-001158","form_type":"8-K","ticker":"MITQ","cik":"0001770236","company_name":"MOVING iMAGE TECHNOLOGIES INC.","filed_at":"2024-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.468356+00:00","generated_at":"2026-06-06T02:30:21.510884+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Moving iMage Technologies Q2 FY2024 revenue down 33% to $3.3M; net loss $0.8M","bullets":["Revenue $3.3M, down 32.6% YoY; gross profit $0.8M, margin 23.2% (down from 27.1%).","GAAP operating loss of $0.8M vs loss of $0.1M in prior year; GAAP net loss $0.8M ($0.07 EPS).","Non-GAAP net loss also $0.8M ($0.07 EPS), compared to break-even non-GAAP net income last year.","YTD revenue $9.9M (-7.4%); operating loss $0.4M vs $0.1M loss.","Management cites end of SVOG spending and strikes as headwinds; sees potential in LEA amplifiers and E-caddy."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-001158","json":"https://secwatch.observer/filing/0001558370-24-001158.json","markdown":"https://secwatch.observer/filing/0001558370-24-001158.md","text":"https://secwatch.observer/filing/0001558370-24-001158.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1770236/000155837024001158/0001558370-24-001158-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1770236/000155837024001158/mitq-20240214x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T02:30:21.510884+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":"9ebd86381410b9a8ad9b999898452ad7f9957507","claim":"MOVING iMAGE TECHNOLOGIES INC. reported fiscal quarter ended December 31, 2023 results: revenue $3.3 million, net income ($0.8) million, EPS ($0.07).","evidence_excerpt":"however, we did see continued benefits from the ongoing technology upgrade cycle.” Second Quarter Highlights (Fiscal 2024 versus Fiscal 2023) ● Revenue decreased 32.6% to $3.3 million compared to $4.8 million; ● Gross Profit decreased to $0.8 million compared to $1.3 million; Gross Margin of 23.2%; ● GAAP Operating Loss of ($0.8) million compared to ($0.1)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1770236/000155837024001158/0001558370-24-001158-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal quarter ended December 31, 2023"},{"label":"Revenue","value":"$3.3 million"},{"label":"Net income","value":"($0.8) million"},{"label":"EPS","value":"($0.07)"},{"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"}