v3.26.1
Consolidated Statements of Operations - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Total revenues, net $ 15,768,796 $ 22,853 $ 10,297,778 $ 1,930,291
Total cost of revenue (15,681,380) (7,374) (10,171,937) (1,898,122)
Gross profit 87,416 15,479 125,841 32,169
Operating expenses (2,079,989) (1,517,758) (4,419,331) (6,425,572)
Allowance for credit loss     (2,098) (3,450,141)
Inventory write-down     (902,776) (815,498)
Impairment loss on assets held for sale     (203,973)
Loss from operations (1,992,573) (1,502,279) (5,198,364) (10,863,015)
Fair value variation (17,502,596) 2,024,465 (82,844)
Loss from investment     (1,092,169)
Other income 76,102 9,047 474,954 532,593
Loss from equity method investment (1,092,169)
Other expense (7,206) (43,017) (309,121) (665,795)
Loss on acquisition     (20,210)
Goodwill impairment     (1,859,184)
Interest expense, net (7,583)
Net loss from continuing operations (19,426,273) (1,536,249) (4,887,460) (12,178,813)
Gain from discontinued operations [1]     3,206,078
Net loss before tax     (4,887,460) (8,972,735)
Income tax (3,095)
Net loss (19,426,273) (1,536,249) (4,890,555) (8,972,735)
Non-controlling interest 17,419 (7,159)
Net loss attributable to CIMG Inc. $ (19,443,692) $ (1,536,249) $ (4,883,396) $ (8,972,735)
Basic loss per common share $ (1.43) $ (3.42) $ (2.80) [2] $ (83.46) [2]
Diluted loss per common share $ (1.43) $ (3.42) $ (2.80) [2] $ (83.46) [2]
Basic weighted average number of common stock outstanding 13,601,997 449,134 1,744,688 [2] 107,515 [2]
Diluted weighted average number of common stock outstanding 13,601,997 449,134 1,744,688 [2] 107,515 [2]
Product [Member]        
Total revenues, net     $ 10,231,791 $ 1,930,291
Total cost of revenue     (10,108,590) (1,898,122)
Service [Member]        
Total revenues, net     65,987
Total cost of revenue     $ (63,347)
[1] On June 7, 2024, the Company sold (i) NuZee Korea Ltd., a company incorporated in Korea, and (ii) NuZee Investment Co., Ltd., a company incorporated in Japan, each of which was a wholly owned subsidiary of the Company.
[2] On December 5, 2025, the Company effected a 1-for-20 reverse stock split (the “Reverse Stock Split”) of its issued and outstanding shares of common stock, par value $0.00001 per share. As a result of the Reverse Stock Split, the number of issued and outstanding shares of common stock was reduced from 196,514,084 shares to approximately 9,825,704 shares, retroactively adjusted for all periods presented.