MITQ MOVING iMAGE TECHNOLOGIES INC.

“(iv) the fact that there was no formal review process around journal entries recorded. To improve internal controls, and continuing since, management updates month end close checklists”

“(iii) the fact that certain segregation of duties issues existed and (iv) the fact that there was no formal review process around journal entries recorded”

“(ii) the fact that we had no formal or documented accounting policies or procedures, (iii) the fact that certain segregation of duties issues existed”

“we determined that we had material weaknesses in our internal control over financial reporting relating to (i) the design and operation of our closing and financial reporting process”

“concluded that our disclosure controls and procedures (as defined in paragraph (e) of Rules 13a-15 and 15d-15 under the Exchange Act) were not effective at June 30, 2026 due to material weaknesses in our internal control over financial reporting as described below.”

“Based on this assessment, management concluded that our internal controls over financial reporting were not effective as of June 30, 2026 due to the material weaknesses described in Item 9A.”

“We determined that our internal control over financial reporting had the following material weaknesses: For a discussion of our remediation plan, see Item 9A Controls and Procedures .”