IMG

MKT CAP:$2M

CIMG Inc.

Market Cap

$2M

Consumer Defensive·Packaged Foods·🇺🇸 United States·NASDAQ

Consumer Def.·Packaged Foods·🇺🇸·NASDAQ

Stock Price

$0.03-$1.12 (-97.30%)

Apr 9, 2026

Company Details

NuZee, Inc., together with its subsidiaries, manufactures, packs, and sells single-serve pour-over coffee and tea bag-style coffee for coffee roasters and food service companies in North America, South Korea, Singapore, Hong Kong, Mainland ...

CEO

Jianshuang Wang

IPO Date

Jan 3, 2000

Website

www.mynuzee.com

Key Metrics TTM

Revenue

$26M

+801.3% YoY

Net Income

-$22M

EPS (Diluted)

-$1.68

Free Cash Flow

-$33M

Revenue / Share

$1.91

Gross Margin

0.7%

Operating Margin

-20.4%

Net Margin

-85.1%

FCF Margin

-126.1%

P/S

0.1x

P/E

—

Earnings Reports

Q1 2026

Mar 5, 2026

$16MEPS -$1.43

Q4 2025

Feb 13, 2026

$10MEPS -$0.19

Q2 2025

Sep 24, 2025

$0-100.0%EPS -$0.03

Q1 2025

Aug 26, 2025

$0EPS -$0.03

Q2 2024

May 24, 2024

$366.9K-53.0%EPS -$0.92

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 20	$192.0K	-$139.1K	-$3M
Q1 21	$518.0K	$1.7K	-$6M
Q2 21	$414.1K	-$9.0K	-$6M
Q3 21	$510.0K	$96.6K	-$3M
Q4 21	$484.6K	-$169.3K	-$4M
Q1 22	$1M	$15.4K	-$3M
Q2 22	$715.1K	$981	-$3M
Q3 22	$774.0K	-$83.7K	-$3M
Q4 22	$600.8K	-$43.1K	-$3M
Q1 23	$1M	$75.5K	-$2M
Q2 23	$781.2K	$36.6K	-$2M
Q2 24	$366.9K	-$146.2K	-$1M
Q1 25	$0	$0	-$752.7K
Q2 25	$0	$0	-$752.7K
Q4 25	$10M	$105.2K	-$2M
Q1 26	$16M	$89.1K	-$2M

Valuation

Quarter	P/S	P/E
Q3 20	43.7x	—
Q1 21	39.8x	—
Q2 21	43.9x	—
Q3 21	44.9x	—
Q4 21	38.0x	—
Q1 22	30.2x	—
Q2 22	26.9x	—
Q3 22	24.5x	—
Q4 22	23.6x	—
Q1 23	22.7x	—
Q2 23	22.3x	—
Q2 24	25.4x	—
Q1 25	62.0x	—
Q2 25	300.9x	—
Q4 25	14.9x	—
Q1 26	1.5x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 20	-$768.0K	-$768.0K
Q1 21	-$2M	-$2M
Q2 21	-$1M	-$1M
Q3 21	-$2M	-$2M
Q4 21	-$2M	-$2M
Q1 22	-$2M	-$2M
Q2 22	-$3M	-$3M
Q3 22	-$2M	-$2M
Q4 22	-$2M	-$2M
Q1 23	-$2M	-$2M
Q2 23	-$2M	-$2M
Q2 24	-$345.0K	-$344.2K
Q1 25	-$9M	-$9M
Q2 25	-$9M	-$9M
Q4 25	-$6M	-$6M
Q1 26	-$9M	-$9M

Capital Expenditures

Quarter	CapEx
Q3 20	$0
Q1 21	$59.0K
Q2 21	$63.6K
Q3 21	$18.9K
Q4 21	$26.1K
Q1 22	$3.0K
Q2 22	$162.7K
Q3 22	$48.8K
Q4 22	$22.8K
Q1 23	$16.5K
Q2 23	$0
Q2 24	$803
Q1 25	$0
Q2 25	$0
Q4 25	$0
Q1 26	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 20	-48.1%	+37.1%
Q1 21	+46.6%	+118.2%
Q2 21	-29.2%	-34.9%
Q3 21	-6.6%	-9.9%
Q4 21	+152.4%	+47.3%
Q1 22	+96.8%	-40.6%
Q2 22	+72.7%	-39.8%
Q3 22	+51.8%	-4.9%
Q4 22	+24.0%	-15.3%
Q1 23	+11.5%	-12.5%
Q2 23	+9.2%	-30.3%
Q2 24	-52.6%	-45.7%
Q1 25	-100.0%	-77.7%
Q2 25	-100.0%	-77.5%
Q4 25	+1210.4%	+342.4%
Q1 26	+4198.0%	+859.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 20	$1M	688.8%
Q1 21	$5M	870.2%
Q2 21	$3M	690.7%
Q3 21	$2M	313.2%
Q4 21	$2M	349.1%
Q1 22	$1M	110.3%
Q2 22	$945.0K	132.2%
Q3 22	$690.2K	89.2%
Q4 22	$274.6K	45.7%
Q1 23	$259.9K	22.9%
Q2 23	-$62.5K	-8.0%
Q2 24	$0	0.0%
Q1 25	$0	—
Q2 25	$523.7K	—
Q4 25	$0	0.0%
Q1 26	$1M	7.4%

OpEx Breakdown

Quarter

Revenue by Geography

Quarter	China
Q1 25	$22.9K
Q2 25	$22.9K
Q4 25	$10M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$8M	$0	$8M
Q3 22	$8M	$0	$8M
Q4 22	$8M	$0	$8M
Q1 23	$6M	$0	$6M
Q2 23	$5M	$0	$5M
Q3 23	$3M	$0	$3M
Q4 23	$1M	$0	$1M
Q1 24	$432.2K	$0	$432.2K
Q2 24	$0	$0	$0
Q3 24	$374.5K	$0	$374.5K
Q4 24	$124.7K	$0	$124.7K
Q1 25	$2.4K	$0	$2.4K
Q2 25	$2.4K	$0	$2.4K
Q3 25	$2.4K	$0	$2.4K
Q4 25	$137.4K	$55M	$55M
Q1 26	$45.4K	$0	$45.4K

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 20	394K	+1.4%	+7.7%
Q1 21	421K	+7.0%	+11.4%
Q2 21	436K	+3.5%	+13.8%
Q3 21	509K	+16.8%	+31.1%
Q4 21	492K	-3.4%	+24.9%
Q1 22	515K	+4.7%	+22.2%
Q2 22	523K	+1.6%	+19.9%
Q3 22	552K	+5.6%	+8.5%
Q4 22	615K	+11.3%	+25.0%
Q1 23	676K	+10.0%	+31.4%
Q2 23	703K	+3.9%	+34.4%
Q2 24	2M	+122.2%	+182.7%
Q1 25	14M	+767.8%	+2103.8%
Q2 25	14M	0.0%	+1903.2%
Q4 25	2M	-87.1%	+148.2%
Q1 26	14M	+679.6%	+771.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 20	$10.1K	19
Q1 21	$30.5K	17
Q2 21	$24.4K	17
Q3 21	$30.0K	17
Q4 21	$16.2K	30
Q1 22	$34.0K	30
Q2 22	$23.8K	30
Q3 22	$25.8K	30
Q4 22	$27.3K	22
Q1 23	$51.7K	22
Q2 23	$35.5K	22
Q2 24	$20.4K	18
Q1 25	$0	4
Q2 25	$0	4
Q4 25	$3M	3
Q1 26	$5M	3

Revenue / Employee