MOVING iMAGE TECHNOLOGIES INC. financial data

Symbol
MITQ on NYSE
Industry
Photographic Equipment & Supplies
Location
17760 Newhope Street, Fountain Valley, CA
State of incorporation
Delaware
Fiscal year end
June 30
Latest financial report
10-Q - Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 211 % -15.7%
Quick Ratio 75.9 % -14.4%
Debt-to-equity 81.8 % +40.5%
Return On Equity -31.4 % -147%
Return On Assets -17.3 % -115%
Operating Margin -12.6 % -136%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.2M shares -6.67%
Common Stock, Shares, Outstanding 10.3M shares -5.73%
Entity Public Float 8.9M USD -43.7%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 10.4M shares -4.75%
Weighted Average Number of Shares Outstanding, Diluted 10.4M shares -4.75%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 19.6M USD -2.48%
Research and Development Expense 280K USD +8.11%
Selling and Marketing Expense 2.48M USD -4.69%
General and Administrative Expense 3.39M USD -5.65%
Operating Income (Loss) -2.45M USD -130%
Nonoperating Income (Expense) 173K USD -52.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.28M USD -91.7%
Net Income (Loss) Attributable to Parent -2.28M USD -91.8%
Earnings Per Share, Basic -0.2 USD/shares -66.7%
Earnings Per Share, Diluted -0.2 USD/shares -66.7%

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 890K USD -9.09%
Inventory, Net 4.22M USD -12.7%
Assets, Current 12M USD -5.91%
Property, Plant and Equipment, Net 31K USD +34.8%
Operating Lease, Right-of-Use Asset 214K USD -55.3%
Intangible Assets, Net (Excluding Goodwill) 437K USD -43.1%
Goodwill 0 USD -100%
Other Assets, Noncurrent 16K USD 0%
Assets 12.7M USD -11.4%
Accounts Payable, Current 1.46M USD -31.9%
Employee-related Liabilities, Current 231K USD +5%
Accrued Liabilities, Current 747K USD +50.6%
Contract with Customer, Liability, Current 4.32M USD +106%
Liabilities, Current 6.38M USD +26.3%
Operating Lease, Liability, Noncurrent 76K USD -79.1%
Liabilities 6.38M USD +20.9%
Retained Earnings (Accumulated Deficit) -5.84M USD -64.2%
Stockholders' Equity Attributable to Parent 6.32M USD -30.2%
Liabilities and Equity 12.7M USD -11.4%

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 -26K USD
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 10.3M shares -6.14%
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 5.95M USD -6.47%
Deferred Tax Assets, Valuation Allowance 1.79M USD +95.1%
Deferred Tax Assets, Gross 1.44M USD +58.6%
Operating Lease, Liability 224K USD -54.8%
Depreciation 13K USD +62.5%
Payments to Acquire Property, Plant, and Equipment 1K USD -50%
Lessee, Operating Lease, Liability, to be Paid 231K USD -56.6%
Property, Plant and Equipment, Gross 758K USD +2.71%
Operating Lease, Liability, Current 224K USD -17.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 154K USD -49%
Lessee, Operating Lease, Liability, to be Paid, Year One 154K USD +103%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 7K USD -80.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 154K USD
Deferred Tax Assets, Operating Loss Carryforwards 1.2M USD +58.1%
Additional Paid in Capital 12.2M USD -3.55%
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 1.56M USD +74.3%
Share-based Payment Arrangement, Expense 5K USD
Operating Leases, Future Minimum Payments, Due in Three Years 174K USD
Operating Leases, Future Minimum Payments Due 456K USD -40.7%