Highest-materiality recent filing
CFO William F. Greene retired on April 27, 2026; no disagreement with company.
Moving iMage Tech Q2 revenue $3.8M (+10% YoY); acquires DCS loudspeaker line for $1.5M
Q2 revenue $3.8M (+10% YoY); net loss $(388k) or $(0.04)/share vs $(527k)/$(0.05) in Q2'25.
Moving iMage Technologies Q1 revenue $5.6M, net income $509k; acquires DCS speaker line for $1.5M
Q1 revenue $5.6M (+6.2% YoY), operating income $350k vs. ($68k) loss a year ago.
Moving iMage Technologies acquires QSC's DCS cinema loudspeaker line for $1.5M
Acquired DCS loudspeaker product line (SC, SR, SB, RSM families) from QSC for $1.5M cash.
Moving iMage narrows Q4 loss to $156K; FY revenue $18.15M; cash $5.7M
Q4 net loss improved to ($156K) or ($0.02)/share from ($416K) ($0.04) YoY.
Moving iMage Q3 revenue down 8.2% to $3.57M, net loss narrows to ($0.02)/share; guides Q4 rev ~$5.2M
Q3 revenue $3.571M, down 8.2% YoY; net loss improved to ($240K) or ($0.02)/share vs ($601K) or ($0.06) in prior year.
MITQ Q2 revenue rises 5.4% to $3.44M; net loss narrows to $0.5M
Revenue $3.44M vs $3.27M YoY; gross margin improved to 27.2% from 23.3%.
MITQ Q1 FY2025 revenue $5.3M (-20.8% YoY); operating loss of $0.1M vs prior profit
Revenue $5.3M vs $6.6M in Q1 FY2024, a 20.8% decline.
GAAP operating loss improved to ($1.6M) from ($2.0M), but non-GAAP net loss worsened to ($1.4M) from ($0.7M).
Moving iMage Q3 revenue up 4% to $3.9M but net loss widens to $0.6M; strike impact continues
Revenue $3.9M (+4% YoY); gross margin fell to 17.4% from 27.9%, hurt by a low-margin seat order.
Moving iMage Technologies Q2 FY2024 revenue down 33% to $3.3M; net loss $0.8M
Revenue $3.3M, down 32.6% YoY; gross profit $0.8M, margin 23.2% (down from 27.1%).
Moving iMage Tech Q1 FY2024 revenue up 13% to $6.6M; GAAP EPS $0.04 vs loss $0.01 YoY
Revenue $6.6M (+13.4% YoY); gross margin 27.4% (record); gross profit $1.8M (+16.7%).
MITQ FY2023 revenue +10% to $20.2M; GAAP net loss widens to $1.8M ($0.17/sh)
FY2023 revenue $20.2M (+10.1% YoY); gross margin expanded 200bps to 26.3%.
Moving iMage Tech Q3 revenue falls 36% YoY to $3.7M; GAAP net loss $0.4M
GAAP net loss of $0.4M (loss per share $0.04) vs prior-year net income of $0.6M which included $0.7M PPP gain.
Moving iMAGE Technologies raises CFO William Greene's annual pay to $220,480
Compensation for CFO William Greene increased to $220,480 per year, effective April 20, 2023.
Moving iMage Q2 rev up 42% to $4.8M, operating loss down 79%, guides FY EPS $0.04-0.06
Q2 revenue $4.8M vs $3.4M YoY (+41.6%); gross margin 27.1% vs 26.2%.
MITQ appoints William Greene interim CFO after CFO Michael Sherman's passing
CFO Michael Sherman passed away unexpectedly on November 30, 2022.
Revenue $18.4M, up 152% YoY; Q4 revenue $5.6M, up 167% YoY.
Moving iMage acquires QSC's USL accessibility products for up to $1.5M; appoints new auditor
Acquired QSC's USL infrared assistive listening and closed caption devices for cinema patrons for up to $1.5M (inventory-adjusted price).
Moving iMage Technologies auditor resigns; cites material control weaknesses and restatement
CohnReznick resigned as independent auditor effective April 12, 2022, with no disagreements on accounting principles.
Notice received Feb 23, 2022 for failure to file Q4 2021 10-Q due Feb 22, 2022.
CohnReznick informed company on Feb 17, 2022 of material misstatement in Sept 30, 2021 & 2020 interim financials.
MITQ restates Q1 FY2022 financials; prior statements no longer reliable
Restatement changes acquisition of MiT LLC from reverse merger to business combination.
MiT reports 113% revenue growth in Q2 FY2022; raises FY guidance to $14-16M
Revenue $3.4M, up 113% YoY; GAAP net loss ($0.6M) vs ($0.4M) prior year.
Moving iMage Tech Q1 revenue up 98% to $3.5M; guides FY22 rev $12-15M
Revenue $3.5M, +98% YoY; GAAP net loss $0.6M ($0.06/sh), adjusted net loss $0.4M ($0.04/sh).
Moving iMage Technologies prices IPO at $3.00/share, raises $14.5M gross, appoints CFO
Sold 4,830,000 shares (including full over-allotment) at $3.00/share; total gross proceeds ~$14.5M.
On April 27, 2026, William F. Greene notified Moving iMage Technologies, Inc. (the “Company”) of his retirement and resignation from his position as Chief Financial Officer of the Company effective April 27, 2026.
The Board of Directors of the Company named Bart Bedard (“Bedard ”), age 70, as Chie f Financial Officer of the Company, effective April 27, 2026.
On October 30, 2024, the Board of Directors of Moving iMage Technologies, Inc. (the “Company”) appointed Francois Godfrey to serve as the Company’s President, Chief Operating Officer and Board Member, effective October 30, 2024.
On October 30, 2024, the Board of Directors of Moving iMage Technologies, Inc. (the “Company”) appointed Francois Godfrey to serve as the Company’s President, Chief Operating Officer and Board Member, effective October 30, 2024.
On October 30, 2024, Bevan Wright, Executive Vice President, resigned from the Board of Directors and will serve as an advisory board member, effective October 30, 2024, 2024.
On April 20, 2023, William Greene, 67, was appointed Chief Financial Officer effective April 20, 2023.
In November 2022, Michael R. Sherman, the Company’s Chief Financial Officer since 2018, passed away unexpectedly.
On January 19, 2023, the Board of Directors of Moving iMage Technologies, Inc. (the “Company”) appointed William F. Greene to serve as the Company’s interim Chief Financial Officer, effective January 23, 2023.
On October 4, 2021, Moving iMage Technologies, Inc. (the “Company”) appointed Bevan Wright to its Board of Directors (“Board”).
On July 6, 2021, Michael Sherman was appointed Chief Financial Officer effective July 7, 2021.
Max materiality 0.95 · Median 0.60 · Most common event earnings