Stock Performance Snapshot
Shares of QT Imaging Holdings, Inc. closed at $0.3951 on November 25, marking a sharp single-session gain after previously trading near zero. While absolute pricing remains low, the move highlights renewed speculative interest in the stock following a prolonged period of inactivity and limited liquidity.
The trading data shows minimal volume visibility and incomplete intraday ranges, underscoring the thinly traded nature of the shares. Despite the percentage surge, QT Imaging remains firmly in micro-cap territory, with market capitalization and valuation metrics largely unavailable or not meaningful at current levels.
Business Overview
QT Imaging Holdings focuses on the research, development, and commercialization of advanced body imaging systems. Its flagship technology is the QT Ultrasound Breast Scanner, a non-invasive ultrasonic imaging platform designed to support detection, diagnosis, monitoring, and treatment of disease. The system provides both reflection-mode and transmission-mode images, aiming to deliver high-resolution breast imaging without ionizing radiation.
Founded in 2011 and headquartered in Novato, California, the company positions its technology as an alternative or complement to traditional mammography, targeting improved patient comfort and diagnostic insight.
Financial Position and Challenges
From a financial standpoint, QT Imaging remains in an early commercialization phase. The company reported trailing twelve-month revenue of approximately $3.11 million, while net income attributable to common shareholders stood at a loss of roughly $13.62 million, translating into a deeply negative profit margin.
Balance sheet data shows cash on hand of about $4.58 million, providing some operational runway but highlighting the need for continued funding to sustain development and commercialization efforts. With no meaningful earnings per share data and no analyst earnings or revenue estimates available, visibility into near-term financial performance remains limited.
Leadership and Strategy
The company is led by Dr. Raluca Dinu, CEO and Director, alongside a management team focused on product development, clinical adoption, and regulatory progress. Strategic execution will likely center on expanding clinical validation, driving adoption in medical settings, and securing partnerships or funding to support scale-up.
Outlook
Looking ahead, QT Imaging Holdings represents a high-risk, high-volatility name driven more by technology potential and speculative trading than by established financial performance. Any sustained upside will likely depend on tangible progress in commercial adoption, regulatory milestones, or capital-raising developments. Until clearer revenue traction emerges, the stock is expected to remain sensitive to sentiment shifts rather than fundamentals.

