Moving iMage Technology (MITQ)

[Thunderstruck]

MITQ.....No position yet, 10 q out...look at this....

Results of Operations

Three months ended September 30, 2021 compared to year ended September 30, 2020

Net Sales







Three Months Ended September 30,

(in 000’s)

2021



2020

$

3,474


$

1,757


Net sales increased 97.7% to $3.474 million for the three months ended September 30, 2021 from $1.757 million for the three months ended September 30, 2020 primarily due to the recovery from the impact of COVID-19 on the exhibition industry. Backlog at September 30, 2021 and 2020 was $7.7 million and $9.3 million, respectively. Backlog represents orders expected to be realized in the next 6 months.