Moving iMage Technologies, Inc. (MITQ) Balance Sheet
MITQ balance sheet, FY2026
June 30, 2026 · U.S. dollars$8.5M assets = $3.9M liabilities + $4.6M equity
Both columns are drawn to the same scale: what MITQ owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MITQ financial health
Descriptive bands, not a rating. Fiscal FY2026.
MITQ balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $5.2MFY2017 | $8.5MFY2026 | +5.6%/yr | |
| Total liabilities | $5.0MFY2017 | $3.9MFY2026 | −2.9%/yr | |
| Shareholders’ equity | $162,000FY2017 | $4.6MFY2026 | +45.1%/yr | |
| Cash & short-term investments | $604,000FY2017 | $3.2MFY2026 | +20.3%/yr | |
| Total debt | $2.7MFY2020 | $918,000FY2026 | −16.2%/yr | |
| Net cash (debt) | −$1.6MFY2020 | $2.3MFY2026 | +$3.9M | |
| Working capital | $112,000FY2017 | $4.0MFY2026 | +$3.9M | |
| Book value per share | $0.03FY2017 | $0.46FY2026 | +34.3%/yr | |
| Current ratio | 1.02FY2017 | 2.27FY2026 | +1.24 | |
| Debt / equity | 0.06FY2023 | 0.20FY2026 | +0.14 | |
| Shares outstanding | 5.0MFY2017 | 9.9MFY2026 | +8.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MITQ assets
MITQ liabilities and equity
MITQ debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MITQ balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $3.2M | $5.7M | $5.3M | $6.6M | $6.7M | $1.3M | $1.1M | $582,000 | $597,000 | $604,000 |
| Cash & equivalents | $3.2M | $5.7M | $5.3M | $6.6M | $2.3M | $1.3M | $1.1M | $582,000 | $597,000 | $604,000 |
| Short-term investments | — | — | — | $0 | $4.4M | $0 | — | — | — | — |
| Receivables | $1.1M | $1.5M | $1.0M | $905,000 | $1.8M | $454,000 | $809,000 | $2.1M | $2.4M | $2.2M |
| Inventory | $2.4M | $2.1M | $3.1M | $4.4M | $4.0M | $1.5M | $1.6M | $1.7M | $2.2M | $2.3M |
| Other current assets | $516,000 | $162,001 | $470,000 | $451,000 | $864,000 | $95,000 | $77,000 | $99,000 | $73,000 | $50,000 |
| Total current assets | $7.2M | $9.4M | $9.9M | $12.4M | $13.4M | $3.4M | $3.5M | $4.5M | $5.3M | $5.1M |
| Property, plant & equipment (net) | $906,000 | $1.1M | $172,000 | $443,000 | $22,000 | $21,000 | $151,000 | $32,000 | $45,000 | $42,000 |
| Goodwill & intangible assets | $305,000 | $364,000 | $422,000 | $480,000 | $1.1M | $1.2M | $1.3M | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $325,000 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $1.1M | $698,000 | $188,000 | $17,000 | $16,000 |
| Total assets | $8.5M | $10.9M | $10.5M | $13.3M | $14.9M | $5.7M | $5.7M | $4.7M | $5.4M | $5.2M |
| Liabilities | ||||||||||
| Accounts payable | $1.3M | $3.0M | $2.3M | $1.5M | $1.6M | $1.9M | $2.7M | $2.9M | $3.7M | $3.9M |
| Short-term debt | $260,000 | $227,000 | $151,000 | $280,000 | — | $827,000 | $519,000 | — | — | — |
| Deferred revenue | $948,000 | $1.1M | $1.7M | $3.2M | $3.2M | $1.4M | $854,000 | $1.1M | $884,000 | $514,000 |
| Total current liabilities | $3.2M | $5.1M | $4.8M | $5.6M | $5.4M | $4.7M | $4.5M | $4.8M | $5.3M | $5.0M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $1.7M | $2.1M | $0 | $0 | $0 |
| Lease obligations | — | $1.1M | $151,000 | $431,000 | $0 | — | — | — | — | — |
| Other long-term liabilities | $658,000 | $918,000 | $0 | $151,000 | $22,000 | $25,000 | $20,000 | $4.0M | $0 | $8,000 |
| Total liabilities | $3.9M | $6.0M | $4.8M | $5.8M | $5.4M | $6.5M | $6.7M | $4.8M | $5.3M | $5.0M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | — | — | — | — | — | −$2.0M | −$969,000 | −$86,000 | $126,000 | $162,000 |
| Retained earnings (deficit) | −$7.5M | −$7.2M | −$6.3M | −$4.9M | −$3.1M | −$1.7M | — | — | — | — |
| Accumulated other comprehensive income | — | — | — | — | $0 | $0 | −$559,000 | −$434,000 | −$434,000 | — |
| Total shareholders' equity | $4.6M | $4.9M | $5.7M | $7.6M | $9.4M | −$729,000 | −$969,000 | −$86,000 | $126,000 | $162,000 |
| Key figures | ||||||||||
| Total debt | $918,000 | $1.1M | $151,000 | $431,000 | — | $2.5M | $2.7M | — | — | — |
| Net cash (debt) | $2.3M | $4.6M | $5.1M | $6.2M | — | −$1.3M | −$1.6M | — | — | — |
| Working capital | $4.0M | $4.3M | $5.1M | $6.8M | $7.9M | −$1.4M | −$983,000 | −$306,000 | $64,000 | $112,000 |
| Tangible book value | $4.3M | $4.5M | $5.3M | $7.1M | $8.3M | −$2.0M | −$2.3M | −$86,000 | $126,000 | $162,000 |
| Book value per share | $0.46 | $0.49 | $0.54 | $0.69 | $0.87 | −$0.13 | −$0.17 | −$0.02 | $0.02 | $0.03 |
| Shares outstanding | 9.9M | 9.9M | 10.5M | 10.9M | 10.8M | 5.6M | 5.7M | 5.7M | 5.7M | 5.0M |
| Current ratio | 2.27 | 1.84 | 2.06 | 2.21 | 2.47 | 0.71 | 0.78 | 0.94 | 1.01 | 1.02 |
| Quick ratio | 1.35 | 1.40 | 1.31 | 1.34 | 1.56 | 0.36 | 0.41 | 0.56 | 0.58 | 0.56 |
| Debt / equity | 0.20 | 0.24 | 0.03 | 0.06 | — | — | — | — | — | — |
| Equity / assets | 54.5% | 44.6% | 54.3% | 56.9% | 63.4% | −12.7% | −17.0% | −1.8% | 2.3% | 3.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $3.2M | $2.4M | $3.9M | $5.5M | $5.7M | $5.4M | $5.3M | $5.2M | $5.3M | $5.9M | $5.1M | $6.4M |
| Cash & equivalents | $3.2M | $2.4M | $3.9M | $5.5M | $5.7M | $5.4M | $5.3M | $5.2M | $5.3M | $5.9M | $5.1M | $6.4M |
| Receivables | $1.1M | $1.6M | $962,000 | $1.8M | $1.5M | $940,000 | $749,000 | $1.0M | $1.0M | $890,000 | $1.1M | $2.0M |
| Inventory | $2.4M | $3.2M | $3.1M | $1.7M | $2.1M | $3.1M | $2.1M | $2.6M | $3.1M | $4.2M | $4.5M | $4.8M |
| Other current assets | $516,000 | $372,000 | $170,000 | $763,000 | $162,001 | $241,000 | $202,000 | $312,001 | $470,000 | $938,000 | $954,000 | $248,000 |
| Total current assets | $7.2M | $7.5M | $8.1M | $9.9M | $9.4M | $9.6M | $8.4M | $9.2M | $9.9M | $12.0M | $11.7M | $13.4M |
| Property, plant & equipment (net) | $906,000 | $966,000 | $982,000 | $1.0M | $1.1M | $1.2M | $1.2M | $1.1M | $172,000 | $245,000 | $317,000 | $375,000 |
| Goodwill & intangible assets | $305,000 | $320,000 | $334,000 | $349,000 | $363,000 | $378,000 | $393,000 | $408,000 | $422,000 | $437,000 | $452,000 | $466,000 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $15,000 | $15,000 | $15,000 | $15,001 | $16,000 | $15,000 | $23,000 | $15,000 | $16,000 | $16,000 | $15,000 | $16,000 |
| Total assets | $8.5M | $8.8M | $9.5M | $11.3M | $10.9M | $11.2M | $10.0M | $10.7M | $10.5M | $12.7M | $12.5M | $14.3M |
| Liabilities | ||||||||||||
| Accounts payable | $1.3M | $2.0M | $2.1M | $2.9M | $3.0M | $2.7M | $1.6M | $1.8M | $2.3M | $1.5M | $1.2M | $2.9M |
| Short-term debt | $260,000 | $252,000 | $243,000 | $235,000 | $227,000 | $219,000 | $206,000 | $170,000 | $151,000 | $224,000 | $296,000 | $288,000 |
| Deferred revenue | $31,000 | $57,000 | $581,000 | $72,000 | $1.1M | $1.6M | $1.1M | $1.4M | $1.7M | $3.9M | $3.2M | $2.2M |
| Total current liabilities | $3.2M | $3.2M | $3.7M | $5.0M | $5.1M | $5.2M | $3.8M | $4.1M | $4.8M | $6.4M | $5.3M | $6.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $979,000 | $1.0M | $1.1M | $1.1M | $1.2M | $1.2M | $1.1M | $151,000 | $224,000 | $296,000 | $364,000 |
| Other long-term liabilities | $657,999 | $726,999 | $794,000 | $857,000 | $918,000 | $979,000 | $1.0M | $922,000 | $0 | $0 | $0 | $76,000 |
| Total liabilities | $3.9M | $4.0M | $4.5M | $5.9M | $6.0M | $6.2M | $4.8M | $5.0M | $4.8M | $6.4M | $5.3M | $6.3M |
| Shareholders' equity | ||||||||||||
| Retained earnings (deficit) | −$7.5M | −$7.2M | −$7.1M | −$6.7M | −$7.2M | −$7.0M | −$6.8M | −$6.3M | −$6.3M | −$5.8M | −$5.2M | −$4.4M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | — | — | — | $0 |
| Total shareholders' equity | $4.6M | $4.9M | $5.0M | $5.4M | $4.9M | $5.0M | $5.2M | $5.7M | $5.7M | $6.3M | $7.1M | $8.0M |
| Key figures | ||||||||||||
| Total debt | $918,000 | $979,000 | $1.8M | $1.1M | $1.1M | $1.2M | $1.2M | $1.1M | $151,000 | $224,000 | $296,000 | $364,000 |
| Net cash (debt) | $2.3M | $1.4M | $2.1M | $4.5M | $4.6M | $4.2M | $4.1M | $4.2M | $5.1M | $5.7M | $4.8M | $6.0M |
| Working capital | $4.0M | $4.3M | $4.5M | $4.8M | $4.3M | $4.4M | $4.6M | $5.1M | $5.1M | $5.6M | $6.3M | $7.2M |
| Tangible book value | $4.3M | $4.6M | $4.7M | $5.0M | $4.5M | $4.6M | $4.8M | $5.3M | $5.3M | $5.9M | $6.7M | $7.6M |
| Book value per share | $0.46 | $0.49 | $0.50 | $0.53 | $0.49 | $0.50 | $0.52 | $0.57 | $0.54 | $0.61 | $0.67 | $0.75 |
| Shares outstanding | 9.9M | 9.9M | 9.9M | 10.2M | 9.9M | 9.9M | 9.9M | 9.9M | 10.5M | 10.4M | 10.7M | 10.7M |
| Current ratio | 2.27 | 2.33 | 2.22 | 1.96 | 1.84 | 1.85 | 2.21 | 2.24 | 2.06 | 1.88 | 2.19 | 2.17 |
| Quick ratio | 1.35 | 1.23 | 1.33 | 1.46 | 1.40 | 1.22 | 1.60 | 1.53 | 1.31 | 1.07 | 1.18 | 1.36 |
| Debt / equity | 0.20 | 0.20 | 0.37 | 0.20 | 0.24 | 0.24 | 0.24 | 0.19 | 0.03 | 0.04 | 0.04 | 0.05 |
| Equity / assets | 54.5% | 55.2% | 52.9% | 47.7% | 44.6% | 44.8% | 51.8% | 53.1% | 54.3% | 49.8% | 57.2% | 56.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 28, 2026); data from EODHD.
MITQ financial position
At the end of fiscal 2026 (June 30, 2026), Moving iMage Technologies had total assets of $8.5 million (down 22.3% from a year earlier), total liabilities of $3.9 million and shareholders' equity of $4.6 million. It held $3.2 million in cash and short-term investments against $0.9 million of debt, a net cash position of $2.3 million. Its current ratio was 2.27.
Related: MITQ income statement, MITQ cash flow statement, MITQ key metrics. See the MITQ stock overview for the latest quote and news.
MITQ balance sheet FAQ
What are Moving iMage Technologies's total assets?
Moving iMage Technologies reported total assets of $8.5 million at the end of fiscal 2026 (June 30, 2026), compared with $10.9 million a year earlier.
How much debt does Moving iMage Technologies have?
Moving iMage Technologies had $0.9 million of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 0.20.
How much cash does Moving iMage Technologies have?
Moving iMage Technologies held $3.2 million in cash and short-term investments at the end of fiscal 2026; with $0.9 million of debt that is net cash of $2.3 million.
What is Moving iMage Technologies's book value?
Moving iMage Technologies's shareholders' equity (book value) was $4.6 million at the end of fiscal 2026, or $0.46 per share.
What is Moving iMage Technologies's current ratio?
Moving iMage Technologies had current assets of $7.2 million and current liabilities of $3.2 million, a current ratio of 2.27 (it can cover its short-term obligations).
How much goodwill does Moving iMage Technologies have?
Moving iMage Technologies carried $0.3 million of goodwill and intangible assets, 3.6% of total assets, at the end of fiscal 2026.