tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

QT Imaging releases pro forma results after October financing

Story Highlights
  • QT Imaging furnished non-GAAP pro forma financials for four quarters to recast recent performance.
  • The pro formas reflect an $18.2 million private placement, debt repayment, and removal of non-cash items to clarify cash burn.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
QT Imaging releases pro forma results after October financing

Claim 70% Off TipRanks This Holiday Season

An announcement from QT Imaging Holdings ( (QTIH) ) is now available.

On December 23, 2025, QT Imaging Holdings furnished unaudited pro forma condensed consolidated statements of operations and comprehensive loss for the quarters ended December 31, 2024 and March 31, June 30, and September 30, 2025, reflecting the impact of a private placement completed in October 2025 and related debt transactions as if they had occurred on January 1, 2024. The pro forma information gives effect to the $18.2 million private placement that closed on October 3, 2025, the October 6, 2025 repayment of $5 million in long-term debt plus accrued interest and a premium to Lynrock Lake, the elimination of expenses tied to extinguished or modified debt and the February 2025 Lynrock Lake term loan, and the exclusion of certain non-cash items such as interest, warrant, derivative and earnout fair-value adjustments, in order to present a non-GAAP view that management says better illustrates the company’s cash burn rate and underlying operating performance for stakeholders.

The most recent analyst rating on (QTIH) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on QT Imaging Holdings stock, see the QTIH Stock Forecast page.

Spark’s Take on QTIH Stock

According to Spark, TipRanks’ AI Analyst, QTIH is a Underperform.

QT Imaging Holdings presents significant financial challenges, with negative profit margins and high leverage being the most critical factors. The bearish technical indicators and concerning valuation metrics further weigh on the stock’s outlook. However, the recent corporate event showcasing innovative technology offers some potential upside, although overall risks remain high.

To see Spark’s full report on QTIH stock, click here.

More about QT Imaging Holdings

QT Imaging Holdings, Inc. operates in the medical imaging sector, developing and commercializing imaging technologies and related products, with a focus on advanced diagnostic applications and associated revenue from imaging systems and services.

Average Trading Volume: 23,550

Technical Sentiment Signal: Hold

Current Market Cap: $66.77M

For an in-depth examination of QTIH stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1