QT Imaging Holdings, Inc. (QTI)

QT Imaging Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - 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
Cash & Equivalents	10.41	1.17	0.16	0.46	1.53
Cash & Short-Term Investments	10.41	1.17	0.16	0.46	1.53
Cash Growth	788.32%	611.72%	-63.81%	-70.25%	-
Accounts Receivable	5.78	0.07	0	-	0.01
Other Receivables	-	0.01	0.16	0.03	-
Receivables	5.78	0.08	0.16	0.03	0.01
Inventory	5.03	3.14	4.42	4.78	5.33
Prepaid Expenses	0.82	0.51	0.05	0.07	0.09
Restricted Cash	0.05	0.02	0.02	0.02	0.05
Total Current Assets	22.09	4.92	4.82	5.35	7.01
Property, Plant & Equipment	0.89	1.13	1.76	2.07	0.94
Other Intangible Assets	-	-	0.09	0.28	0.46
Other Long-Term Assets	0.04	0.04	0.04	0.05	0.05
Total Assets	23.02	6.09	6.71	7.75	8.46
Accounts Payable	3.58	0.8	1.36	0.41	0.07
Accrued Expenses	3.82	3.55	0.37	0.37	0.2
Short-Term Debt	-	-	0.71	-	-
Current Portion of Long-Term Debt	0.01	4.99	4.2	0.13	0.13
Current Portion of Leases	0.45	0.41	0.36	0.31	-
Current Unearned Revenue	0.01	0.05	0.35	-	0.69
Total Current Liabilities	7.87	9.79	7.34	1.22	1.09
Long-Term Debt	4.58	4.41	3.62	6	4.1
Long-Term Leases	0.2	0.66	1.06	1.42	-
Other Long-Term Liabilities	3.93	0.77	-	0.62	0.34
Total Liabilities	16.58	15.62	12.02	9.26	5.52
Common Stock	0	0	0	0.03	0.03
Additional Paid-In Capital	59.47	22.4	12.46	10.14	8.33
Retained Earnings	-53.02	-31.94	-17.77	-11.67	-5.42
Shareholders' Equity	6.45	-9.54	-5.31	-1.51	2.94
Total Liabilities & Equity	23.02	6.09	6.71	7.75	8.46
Total Debt	5.24	10.46	9.95	7.86	4.23
Net Cash (Debt)	5.17	-9.28	-9.78	-7.41	-2.7
Net Cash Per Share	0.49	-1.39	-3.08	-0.81	-0.30
Filing Date Shares Outstanding	13.58	9.22	9.31	9.28	9.12
Total Common Shares Outstanding	13.58	8.92	9.31	9.19	9.12
Working Capital	14.22	-4.88	-2.52	4.13	5.92
Book Value Per Share	0.47	-1.07	-0.57	-0.16	0.32
Tangible Book Value	6.45	-9.54	-5.4	-1.78	2.48
Tangible Book Value Per Share	0.47	-1.07	-0.58	-0.19	0.27
Machinery	-	3.41	4.75	4.48	4.46
Leasehold Improvements	-	0.42	0.42	0.42	0.42

Updated Feb 18, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q