diff --git a/README.md b/README.md
index ecf536c..26778ff 100644
--- a/README.md
+++ b/README.md
@@ -3,11 +3,14 @@ imv - Image Viewer
 
 imv is a command line image viewer intended for use with tiling window managers.
 
-This software is currently in alpha and supports little to no file formats.
-
-The long term goal is to support the following formats:
+**This software is currently in alpha.**
 
+Supported file formats:
 * PNG
-* JPEG(2000)
+* JPEG
+
+TODO:
 * GIF
+* TIFF
+* BMP
 * and more