IMCI · INFINITE GROUP INC · Debt
Substantial doubt about the company's ability to continue as a going concern.
“As a result, management has concluded that there is substantial doubt about the Company's ability to continue as a going concern for a period of at least twelve months from the date these financial statements are issued.”View the 10-Q filed Feb 23, 2026
One customer — 56% of revenue (the nine months ended September 30, 2025)
“During the three and nine months ended September 30, 2025, one customer accounted for approximately 36% and 56% of total revenue, respectively (68% and 67%, respectively, for the three and nine months ended September 30, 2024).”
One customer — 36% of revenue (the three months ended September 30, 2025)
“During the three and nine months ended September 30, 2025, one customer accounted for approximately 36% and 56% of total revenue, respectively (68% and 67%, respectively, for the three and nine months ended September 30, 2024).”
One customer — 68% of revenue (the three months ended September 30, 2024)
“During the three and nine months ended September 30, 2025, one customer accounted for approximately 36% and 56% of total revenue, respectively (68% and 67%, respectively, for the three and nine months ended September 30, 2024).”
One customer — 67% of revenue (the nine months ended September 30, 2024)
“During the three and nine months ended September 30, 2025, one customer accounted for approximately 36% and 56% of total revenue, respectively (68% and 67%, respectively, for the three and nine months ended September 30, 2024).”
One customer — 25% of receivables (September 30, 2025)
“As of September 30, 2025, this same customer represented approximately 25% of the Company’s accounts receivable balance (47% at December 31, 2024).”
One customer — 47% of receivables (December 31, 2024)
“As of September 30, 2025, this same customer represented approximately 25% of the Company’s accounts receivable balance (47% at December 31, 2024).”
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Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Read debt and covenant terms in your AI or your code through MCP and the API →Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current operating lease liabilities | 2025-09-30 | USD 48,651 | 10-Q filed 2026-02-23 |
| Current portion of long-term debt | 2025-09-30 | USD 840,386 | 10-Q filed 2026-02-23 |
| Noncurrent operating lease liabilities | 2025-09-30 | USD 156,695 | 10-Q filed 2026-02-23 |
| Notes payable, including current maturities | 2025-09-30 | USD 1,627,213 | 10-Q filed 2026-02-23 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
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Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.