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QT Imaging Holdings, Inc. QTI Conversion of Yorkville Note into common stock

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Other financials

Income statement

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Revenue$6.5M+133%
Gross profit$2.7M+47.5%
Operating income-$2.3M-125%
Net income-$3.4M+69.4%
EPS (diluted)-$0.25+79.3%

Balance sheet

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Cash & equivalents$6.9M+131%
Total debt$10.6M-4.4%
Total equity$3.8M+119%
Total assets$22.0M+103%

Cash flow

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Operating cash flow-$3.7M-3.3%
CapEx$17.0K
Free cash flow-$3.7M-3.8%

Valuation

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Market cap$53.9M-18.4%
Enterprise value$57.65M-4.7%
P/S2.4×-1.1×

Profitability

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Gross margin41.7%-16.8pp
Operating margin-25.4%-11.2pp
Net margin-58.9%-26.4pp
FCF margin-40.7%

Returns & leverage

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Return on equity162.8%
Debt / equity2.8×
Current ratio2.5×+0.6×

Where this comes from

Reported directly by QT Imaging Holdings, Inc. in its filing.

Tagged under the XBRL concept qti:ConversionOfYorkvilleNoteIntoCommonStock.

The official record: QT Imaging Holdings, Inc.’s 10-K, filed March 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is QT Imaging Holdings, Inc.'s conversion of yorkville note into common stock?
QT Imaging Holdings, Inc. (QTI) reported conversion of yorkville note into common stock of $0 in Q4 2025.
How has QT Imaging Holdings, Inc.'s conversion of yorkville note into common stock changed year-over-year?
QT Imaging Holdings, Inc.'s conversion of yorkville note into common stock decreased by 100.0% year-over-year, from $128.5K to $0.
What does conversion of yorkville note into common stock mean?
Measures the conversion of specific debt notes held by a designated lender into common equity shares. This metric is used to monitor the deleveraging process and the impact of debt-to-equity conversions on the company's share count and balance sheet.