Moving iMage Technologies, Inc., a digital cinema company, designs, manufactures, integrates, installs, and distributes proprietary and custom designed equipment, and other off the shelf cinema products for cinema requirements in the United States and internationally. Its products and services focus on the integration needs associated with the building, modernization, and equipping of motion picture exhibition theatres. The company provides automation systems for digital cinema applications; proprietary rack mount pedestals; in-house designed and assembled suite of products to support boothless theatre designs and alternative auditorium configurations; and in-house designed and assembled lighting products and dimmers, as well as distributes digital cinema projectors and servers. It also offers premium sound systems and enclosures; demand controlled ventilation systems that automatically shuts down projector exhaust fans; and reclining seats and armrests, concession tables and trays, tablet arms, cup holders, and step and aisle lighting products for theaters and other public venues. In addition, the company provides software solutions, such as CineQC, a cinema presence management and remote-control system. Further, it offers custom engineering, systems design, integration and installation, and digital technology services, as well as software solutions for 3D, digital cinema, and audio visual integration; project management and systems design services for theatre upgrades and new theatre builds; furniture, fixture, and equipment services to commercial cinema exhibitors for new construction and remodels; and cinema equipment installations and after-sale maintenance services. The company was founded in 2003 and is based in Fountain Valley, California.
Company profile
Ticker
MITQ
Exchange
Website
CEO
Mr. Philip L. Rafnson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Ethereum Investment Trust, Grayscale Ethereum Trust (ETH)
SEC CIK
Corporate docs
Subsidiaries
Moving iMage Technologies, LLC • MiT Acquisition Co., LLC ...
IRS number
200232845
MITQ stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
5 Nov 24
8-K
Moving iMage Technologies Announces Executive Succession Plan and Board Member Transition
4 Nov 24
8-K
Shareholder Nominations Pursuant to Exchange Act Rule 14a-11
15 Oct 24
8-K
Moving iMage Technologies Announces Fourth Quarter and Full Year Fiscal 2024 Results
1 Oct 24
10-K
2024 FY
Annual report
27 Sep 24
8-K
Moving iMage Technologies Announces Third Quarter Fiscal 2024 Results
15 May 24
10-Q
2024 Q3
Quarterly report
15 May 24
8-K
Moving iMage Technologies (MiT) Announces Stock Repurchase Program and 10b5-1 Stock Trading Plan
2 Apr 24
8-K
Submission of Matters to a Vote of Security Holders
14 Mar 24
8-K
Entry into a Material Definitive Agreement
5 Mar 24
Transcripts
MITQ
Earnings call transcript
2024 Q4
27 Sep 24
MITQ
Earnings call transcript
2024 Q3
15 May 24
MITQ
Earnings call transcript
2024 Q2
14 Feb 24
MITQ
Earnings call transcript
2024 Q1
14 Nov 23
MITQ
Earnings call transcript
2023 Q4
26 Sep 23
MITQ
Earnings call transcript
2023 Q3
15 May 23
MITQ
Earnings call transcript
2023 Q2
14 Feb 23
MITQ
Earnings call transcript
2023 Q1
15 Nov 22
MITQ
Earnings call transcript
2022 Q4
23 Sep 22
MITQ
Earnings call transcript
2022 Q3
17 May 22
Latest ownership filings
Financial summary
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Annual (USD) | Jun 24 | Jun 23 | Jun 22 | Jun 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 5.28 mm | 5.28 mm | 5.28 mm | 5.28 mm | 5.28 mm | 5.28 mm |
Cash burn (monthly) | 222.67 k | 111.50 k | 153.67 k | 125.08 k | 153.00 k | 66.33 k |
Cash used (since last report) | 990.58 k | 496.03 k | 683.62 k | 556.46 k | 680.65 k | 295.10 k |
Cash remaining | 4.29 mm | 4.78 mm | 4.59 mm | 4.72 mm | 4.60 mm | 4.98 mm |
Runway (months of cash) | 19.3 | 42.9 | 29.9 | 37.7 | 30.0 | 75.1 |
Institutional ownership, Q2 2024
21.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 2 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 53.46 mm |
Total shares | 2.12 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Philip L. Rafnson | 2.03 mm | $0.00 |
Geode Capital Management | 50.49 k | $31.42 mm |
Renaissance Technologies | 35.40 k | $22.03 mm |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Oct 24 | Francois Godfrey | Employee Stock Options Common Stock | Grant | Acquire A | No | No | 0.65 | 200,000 | 130.00 k | 200,000 |
25 Sep 24 | Katherine D Crothall | Common Stock | Grant | Acquire A | No | No | 0 | 534 | 0.00 | 38,792 |
25 Sep 24 | John Stiska | Common Stock | Grant | Acquire A | No | No | 0 | 1,068 | 0.00 | 16,260 |
12 Sep 24 | Katherine D Crothall | Common Stock | Grant | Acquire A | No | No | 0 | 1,093 | 0.00 | 38,258 |
8 Aug 24 | Katherine D Crothall | Common Stock | Grant | Acquire A | No | No | 0 | 485 | 0.00 | 37,165 |
8 Aug 24 | John Stiska | Common Stock | Grant | Acquire A | No | No | 0 | 971 | 0.00 | 15,192 |
22 Jul 24 | Katherine D Crothall | Common Stock | Grant | Acquire A | No | No | 0 | 430 | 0.00 | 36,680 |
10 May 24 | Katherine D Crothall | Common Stock | Grant | Acquire A | No | No | 0 | 1,734 | 0.00 | 36,250 |
10 May 24 | John Stiska | Common Stock | Grant | Acquire A | No | No | 0 | 1,156 | 0.00 | 14,221 |
12 Mar 24 | Katherine D Crothall | Common Stock | Grant | Acquire A | No | No | 0 | 3,000 | 0.00 | 34,516 |
Press releases
Moving iMage Technologies First Quarter Fiscal 2025 Results Conference Call and Webcast
11 Nov 24
Moving iMage Technologies Announces Executive Succession Plan and Board Member Transition
31 Oct 24
Moving iMage Technologies CEO Pens Annual Shareholder Letter
24 Oct 24
Moving iMage Technologies Announces Fourth Quarter and Full Year Fiscal 2024 Results
27 Sep 24
Moving iMage Technologies Fourth Quarter and Full Year Fiscal 2024 Results Conference Call and Webcast
24 Sep 24