QT Imaging Holdings, Inc. (QTI)
Nasdaq: QTI · Electromedical & Electrotherapeutic Apparatus · Novato, CA · filing with the SEC since 2021
Income statement, as filed
In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Report filed | Mar 25, 2026 | Mar 31, 2025 | Mar 25, 2024 | Mar 31, 2023 | Mar 31, 2022 |
| Revenue | 18,925,000 | 4,879,000r | 40,355 | 0 | · |
| Cost of revenue | 10,341,000 | 2,239,000r | 134,988 | · | · |
| Gross profit | 8,584,000 | 2,640,000r | -94,633 | · | · |
| Research and development | 3,936,000 | 3,267,000r | 1,485,636 | · | · |
| Selling, general and administrative | 9,085,000 | 11,550,000r | 3,427,690 | · | · |
| General and administrative | · | · | 4,927,599 | 4,279,100 | · |
| Total operating expenses | 13,021,000 | 14,817,000r | 4,913,326 | · | · |
| Operating income | -4,437,000 | -12,177,000r | -5,007,959r | -4,279,100 | · |
| Interest expense | · | · | 219,686 | 23,098 | · |
| Interest and investment income | · | · | 1,526,860 | 1,630,398 | · |
| Interest income (expense), net | -2,639,000 | -4,498,000r | -544,826 | · | · |
| Other income (expense), net | -16,647,000 | 3,176,000r | -544,566r | 384,108 | · |
| Income before income taxes | -21,084,000 | -9,001,000r | -6,097,351r | -2,287,692 | · |
| Income tax expense | -1,000 | -16,000r | 1,600r | 486,615 | · |
| 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, basic | 10,476,000 | 6,659,000r | 3,180,067rb | 2,180,000b | · |
| Weighted average shares, diluted | 10,476,000 | 6,659,000r | 3,180,067rb | 2,180,000b | · |
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 sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenuesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding