The improvement reflects revenue growth, a focus on higher margin opportunities, and ongoing expense management initiatives.

Nov 14, 2025 / receipt, needs a key / Bill Green, CFO | earnings call 2025-11-14 | transcript f3e3eab0-02ed-4156-afc0-bf91d74d6a9b | chars 11905-12029 | segment 12

MIT reduced operating expense by 8% to $1.32 million in Q126 compared to $1.44 million during Q125, due to reductions in compensation, headcount, rent, and travel costs.

Nov 14, 2025 / receipt, needs a key / Bill Green, CFO | earnings call 2025-11-14 | transcript f3e3eab0-02ed-4156-afc0-bf91d74d6a9b | chars 11346-11515 | segment 11

On April 27, 2026, the Company hired Bart Bedard a s CFO and he will be paid an annual salary of $ 200,000 . Management has evaluated events from April 1, 2026 thro ugh May 14, 2026, t he date these financial statements were available to be issued and determined that there have been no other events that occurred that would require adjustment to our disclosures in the condensed consolidated financial statements.

filing / May 14, 2026 / receipt

We expect continued decreases to our total operating expenses in the foreseeable future to meet our revenue and cost control objectives.

filing / May 14, 2026 / receipt

A typical initial order involves educating prospective customers about the technical merits and capabilities and potential cost savings of our products and services as compared to our competitors’ products.

filing / May 14, 2026 / receipt

Europe 12 Mos Asia/S. America 24+ Mos

ir_statement / Sep 15, 2026 / receipt

Take emerging products global

ir_statement / Sep 15, 2026 / receipt

MiT implemented $0.6M annual cost reductions in late FY24 to improve GM, operating leverage and profitability in FY25 and beyond.

ir_statement / Sep 15, 2026 / receipt

IPO and public company costs impact profitability

ir_statement / Sep 15, 2026 / receipt

Strong Q124 - Revenue +13.4%, 27.4% GM, EPS $0.04

ir_statement / Sep 15, 2026 / receipt

Summer 2024 box office driving increased confidence and spending, indicating industry recovery is back on track and pointing to improved 2025.

ir_statement / Sep 15, 2026 / receipt

NEW INITIATIVES TO DRIVE GROSS AND OPERATING MARGIN EXPANSION

ir_statement / Sep 15, 2026 / receipt

International sales initiatives (in process)

ir_statement / Sep 15, 2026 / receipt

Rolling out at National Amusements (domestic first, then international)

ir_statement / Sep 15, 2026 / receipt