diff --git a/__tests__/ExpensiMark-HTML-test.js b/__tests__/ExpensiMark-HTML-test.js
index 1417cc5a..8ae98224 100644
--- a/__tests__/ExpensiMark-HTML-test.js
+++ b/__tests__/ExpensiMark-HTML-test.js
@@ -2102,7 +2102,7 @@ describe('Video markdown conversion to html tag', () => {
         const resultString = '<video data-expensify-source="https://example.com/video.mp4" data-expensify-height="100" data-expensify-width="100">test</video>';
         expect(parser.replace(testString, {
             extras: {
-                videoAttributeCache: {
+                mediaAttributeCache: {
                     'https://example.com/video.mp4': 'data-expensify-height="100" data-expensify-width="100"'
                 }
             }
@@ -2220,6 +2220,18 @@ describe('Image markdown conversion to html tag', () => {
             '<img src="https://example.com/image.png" alt="&#x60;&#x60;&#x60;code&#x60;&#x60;&#x60;" data-raw-href="https://example.com/image.png" data-link-variant="labeled" />';
         expect(parser.replace(testString, {shouldKeepRawInput: true})).toBe(resultString);
     });
+
+    test('Single image with extra cached attributes', () => {
+        const testString = '![test](https://example.com/image.jpg)';
+        const resultString = '<img src="https://example.com/image.jpg" alt="test" data-expensify-height="100" data-expensify-width="100"/>';
+        expect(parser.replace(testString, {
+            extras: {
+                mediaAttributeCache: {
+                    'https://example.com/image.jpg': 'data-expensify-height="100" data-expensify-width="100"'
+                }
+            }
+        })).toBe(resultString);
+    })
 });
 
 describe('room mentions', () => {
diff --git a/__tests__/ExpensiMark-Markdown-test.js b/__tests__/ExpensiMark-Markdown-test.js
index 1ebfd21a..143dab9d 100644
--- a/__tests__/ExpensiMark-Markdown-test.js
+++ b/__tests__/ExpensiMark-Markdown-test.js
@@ -867,6 +867,29 @@ describe('Image tag conversion to markdown', () => {
         const resultString = '![```code```](https://example.com/image.png)';
         expect(parser.htmlToMarkdown(testString)).toBe(resultString);
     });
+
+    test('Cache extra attributes for img with alt', () => {
+        const mediaAttributeCachingFn = jest.fn();
+        const testString = '<img src="https://example.com/image.png" alt="altText" data-expensify-width="100" data-expensify-height="500" data-name="newName" data-expensify-source="expensify-source" />';
+        const resultString = '![altText](https://example.com/image.png)';
+        const extras = {
+            mediaAttributeCachingFn,
+        };
+        expect(parser.htmlToMarkdown(testString, extras)).toBe(resultString);
+        expect(mediaAttributeCachingFn).toHaveBeenCalledWith("https://example.com/image.png", 'data-expensify-width="100" data-expensify-height="500" data-name="newName" data-expensify-source="expensify-source"')
+    });
+
+    test('Cache extra attributes for img without alt', () => {
+        const mediaAttributeCachingFn = jest.fn();
+        const testString = '<img src="https://example.com/image.png" data-expensify-width="100" data-expensify-height="500" data-name="newName" data-expensify-source="expensify-source" />';
+        const resultString = '!(https://example.com/image.png)';
+        const extras = {
+            mediaAttributeCachingFn,
+        };
+        expect(parser.htmlToMarkdown(testString, extras)).toBe(resultString);
+        expect(mediaAttributeCachingFn).toHaveBeenCalledWith("https://example.com/image.png", 'data-expensify-width="100" data-expensify-height="500" data-name="newName" data-expensify-source="expensify-source"')
+    });
+
 });
 
 describe('Video tag conversion to markdown', () => {
@@ -883,14 +906,14 @@ describe('Video tag conversion to markdown', () => {
     })
 
     test('While convert video, cache some extra attributes from the video tag', () => {
-        const cacheVideoAttributes = jest.fn();
+        const mediaAttributeCachingFn = jest.fn();
         const testString = '<video data-expensify-source="https://example.com/video.mp4" data-expensify-width="100" data-expensify-height="500" data-expensify-thumbnail-url="https://image.com/img.jpg">video</video>';
         const resultString = '![video](https://example.com/video.mp4)';
         const extras = {
-            cacheVideoAttributes,
+            mediaAttributeCachingFn,
         };
         expect(parser.htmlToMarkdown(testString, extras)).toBe(resultString);
-        expect(cacheVideoAttributes).toHaveBeenCalledWith("https://example.com/video.mp4", ' data-expensify-width="100" data-expensify-height="500" data-expensify-thumbnail-url="https://image.com/img.jpg"')
+        expect(mediaAttributeCachingFn).toHaveBeenCalledWith("https://example.com/video.mp4", ' data-expensify-width="100" data-expensify-height="500" data-expensify-thumbnail-url="https://image.com/img.jpg"')
     })
 })
 
diff --git a/lib/ExpensiMark.ts b/lib/ExpensiMark.ts
index 0a17a763..1d702678 100644
--- a/lib/ExpensiMark.ts
+++ b/lib/ExpensiMark.ts
@@ -5,13 +5,8 @@ import * as Constants from './CONST';
 import * as UrlPatterns from './Url';
 import Logger from './Logger';
 import * as Utils from './utils';
+import type Extras from './Extras';
 
-type Extras = {
-    reportIDToName?: Record<string, string>;
-    accountIDToName?: Record<string, string>;
-    cacheVideoAttributes?: (vidSource: string, attrs: string) => void;
-    videoAttributeCache?: Record<string, string>;
-};
 const EXTRAS_DEFAULT = {};
 
 type ReplacementFn = (extras: Extras, ...matches: string[]) => string;
@@ -171,11 +166,11 @@ export default class ExpensiMark {
                  * @return Returns the HTML video tag
                  */
                 replacement: (extras, _match, videoName, videoSource) => {
-                    const extraAttrs = extras && extras.videoAttributeCache && extras.videoAttributeCache[videoSource];
+                    const extraAttrs = extras && extras.mediaAttributeCache && extras.mediaAttributeCache[videoSource];
                     return `<video data-expensify-source="${Str.sanitizeURL(videoSource)}" ${extraAttrs || ''}>${videoName ? `${videoName}` : ''}</video>`;
                 },
                 rawInputReplacement: (extras, _match, videoName, videoSource) => {
-                    const extraAttrs = extras && extras.videoAttributeCache && extras.videoAttributeCache[videoSource];
+                    const extraAttrs = extras && extras.mediaAttributeCache && extras.mediaAttributeCache[videoSource];
                     return `<video data-expensify-source="${Str.sanitizeURL(videoSource)}" data-raw-href="${videoSource}" data-link-variant="${typeof videoName === 'string' ? 'labeled' : 'auto'}" ${extraAttrs || ''}>${videoName ? `${videoName}` : ''}</video>`;
                 },
             },
@@ -249,9 +244,14 @@ export default class ExpensiMark {
             {
                 name: 'image',
                 regex: MARKDOWN_IMAGE_REGEX,
-                replacement: (_extras, _match, g1, g2) => `<img src="${Str.sanitizeURL(g2)}"${g1 ? ` alt="${this.escapeAttributeContent(g1)}"` : ''} />`,
-                rawInputReplacement: (_extras, _match, g1, g2) =>
-                    `<img src="${Str.sanitizeURL(g2)}"${g1 ? ` alt="${this.escapeAttributeContent(g1)}"` : ''} data-raw-href="${g2}" data-link-variant="${typeof g1 === 'string' ? 'labeled' : 'auto'}" />`,
+                replacement: (extras, _match, imgAlt, imgSource) => {
+                    const extraAttrs = extras && extras.mediaAttributeCache && extras.mediaAttributeCache[imgSource];
+                    return `<img src="${Str.sanitizeURL(imgSource)}"${imgAlt ? ` alt="${this.escapeAttributeContent(imgAlt)}"` : ''} ${extraAttrs || ''}/>`;
+                },
+                rawInputReplacement: (extras, _match, imgAlt, imgSource) => {
+                    const extraAttrs = extras && extras.mediaAttributeCache && extras.mediaAttributeCache[imgSource];
+                    return `<img src="${Str.sanitizeURL(imgSource)}"${imgAlt ? ` alt="${this.escapeAttributeContent(imgAlt)}"` : ''} data-raw-href="${imgSource}" data-link-variant="${typeof imgAlt === 'string' ? 'labeled' : 'auto'}" ${extraAttrs || ''}/>`;
+                },
             },
 
             /**
@@ -658,13 +658,37 @@ export default class ExpensiMark {
 
             {
                 name: 'image',
-                regex: /<img[^><]*src\s*=\s*(['"])(.*?)\1(?:[^><]*alt\s*=\s*(['"])(.*?)\3)?[^><]*>*(?![^<][\s\S]*?(<\/pre>|<\/code>))/gi,
-                replacement: (_extras, _match, _g1, g2, _g3, g4) => {
-                    if (g4) {
-                        return `![${g4}](${g2})`;
+                regex: /<img[^><]*src\s*=\s*(['"])(.*?)\1(.*?)>(?![^<][\s\S]*?(<\/pre>|<\/code>))/gi,
+                /**
+                 * @param extras - The extras object
+                 * @param match - The full match
+                 * @param _g1 - The first capture group (the quote)
+                 * @param imgSource - The second capture group - src attribute value
+                 * @param imgAttrs - The third capture group - any attributes after src
+                 * @returns The markdown image tag
+                 */
+                replacement: (extras, _match, _g1, imgSource, imgAttrs) => {
+                    // Extract alt attribute from imgAttrs
+                    let altText = '';
+                    const altRegex = /alt\s*=\s*(['"])(.*?)\1/i;
+                    const altMatch = imgAttrs.match(altRegex);
+                    let attributes = imgAttrs;
+                    if (altMatch) {
+                        altText = altMatch[2];
+                        // Remove the alt attribute from imgAttrs
+                        attributes = attributes.replace(altRegex, '');
                     }
-
-                    return `!(${g2})`;
+                    // Remove trailing slash and extra whitespace
+                    attributes = attributes.replace(/\s*\/\s*$/, '').trim();
+                    // Cache attributes without alt and trailing slash
+                    if (imgAttrs && extras && extras.mediaAttributeCachingFn && typeof extras.mediaAttributeCachingFn === 'function') {
+                        extras.mediaAttributeCachingFn(imgSource, attributes);
+                    }
+                    // Return the markdown image tag
+                    if (altText) {
+                        return `![${altText}](${imgSource})`;
+                    }
+                    return `!(${imgSource})`;
                 },
             },
 
@@ -681,8 +705,8 @@ export default class ExpensiMark {
                  * @returns The markdown video tag
                  */
                 replacement: (extras, _match, _g1, videoSource, videoAttrs, videoName) => {
-                    if (videoAttrs && extras && extras.cacheVideoAttributes && typeof extras.cacheVideoAttributes === 'function') {
-                        extras.cacheVideoAttributes(videoSource, videoAttrs);
+                    if (videoAttrs && extras && extras.mediaAttributeCachingFn && typeof extras.mediaAttributeCachingFn === 'function') {
+                        extras.mediaAttributeCachingFn(videoSource, videoAttrs);
                     }
                     if (videoName) {
                         return `![${videoName}](${videoSource})`;
@@ -867,6 +891,7 @@ export default class ExpensiMark {
             if (rule.pre) {
                 replacedText = rule.pre(replacedText);
             }
+
             const replacement = shouldKeepRawInput && rule.rawInputReplacement ? rule.rawInputReplacement : rule.replacement;
             if ('process' in rule) {
                 replacedText = rule.process(replacedText, replacement, shouldKeepRawInput);
diff --git a/lib/Extras.ts b/lib/Extras.ts
new file mode 100644
index 00000000..0f1075da
--- /dev/null
+++ b/lib/Extras.ts
@@ -0,0 +1,8 @@
+type Extras = {
+    reportIDToName?: Record<string, string>;
+    accountIDToName?: Record<string, string>;
+    mediaAttributeCachingFn?: (mediaSource: string, attrs: string) => void;
+    mediaAttributeCache?: Record<string, string>;
+};
+
+export default Extras;