Company Analysis

QT Imaging Holdings, Inc. (QTI)

Nasdaq: QTI · Electromedical & Electrotherapeutic Apparatus · Novato, CA · filing with the SEC since 2021
Grade4.5
◀ Past 4.0● Present 4.2▶ Future 5.6
2 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021
Report filedMar 25, 2026Mar 31, 2025Mar 25, 2024Mar 31, 2023Mar 31, 2022
Revenue18,925,0004,879,000r40,3550·
Cost of revenue10,341,0002,239,000r134,988··
Gross profit8,584,0002,640,000r-94,633··
Research and development3,936,0003,267,000r1,485,636··
Selling, general and administrative9,085,00011,550,000r3,427,690··
General and administrative··4,927,5994,279,100·
Total operating expenses13,021,00014,817,000r4,913,326··
Operating income-4,437,000-12,177,000r-5,007,959r-4,279,100·
Interest expense··219,68623,098·
Interest and investment income··1,526,8601,630,398·
Interest income (expense), net-2,639,000-4,498,000r-544,826··
Other income (expense), net-16,647,0003,176,000r-544,566r384,108·
Income before income taxes-21,084,000-9,001,000r-6,097,351r-2,287,692·
Income tax expense-1,000-16,000r1,600r486,615·
Net income including non-controlling interests··-4,024,591-2,774,307·
Net income-21,083,000-8,985,000r-6,098,951r-2,774,307·
Net income to common shareholders-21,083,000-14,171,000r-6,098,951r-3,918,090·
Earnings per share, basic-2.01-2.13r-1.92rb-1.80b·
Earnings per share, diluted-2.01-2.13r-1.92rb-1.80b·
Weighted average shares, basic10,476,0006,659,000r3,180,067rb2,180,000b·
Weighted average shares, diluted10,476,0006,659,000r3,180,067rb2,180,000b·
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-3 reverse split of Oct 2025.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton QTI · research, not advice