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QT Imaging Holdings, Inc. QTI Reclassification of warrant liability upon warrant modification

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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:ReclassificationOfWarrantLiabilityUponWarrantModification.

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 reclassification of warrant liability upon warrant modification?
QT Imaging Holdings, Inc. (QTI) reported reclassification of warrant liability upon warrant modification of $5.75M in Q4 2025.
What does reclassification of warrant liability upon warrant modification mean?
This represents the accounting adjustment of warrant liabilities when terms are modified or reclassified, often due to changes in fair value or instrument status. It highlights non-cash volatility in the balance sheet that can significantly impact net income. Investors track this to separate operational performance from accounting fluctuations related to derivative instruments.