Company: TOMZ
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001654954-25-005288
Chunk: 1

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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4, respectively (Note 9)  2,622,707   2,360,494 Total Long-Term Liabilities  3,102,064   2,873,889 Total Liabilities  6,114,431   5,594,799          Commitments and Contingencies (Notes 7 and 11)  -   -          Shareholders’ Equity:        Cumulative Convertible Series A Preferred Stock; par value $0.01 per share, 1,000,000 shares authorized; 63,750 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively  638   638 Cumulative Convertible Series B Preferred Stock; $1,000 stated value; 7.5% Cumulative dividend; 4,000 shares authorized; none issued and outstanding at March 31, 2025 and December 31, 2024, respectively  -   - Common stock; par value $0.01 per share, 250,000,000 shares authorized; 20,015,205 and 20,015,205 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively  200,152   200,152 Additional Paid-In Capital  58,201,140   58,201,140 Accumulated Deficit  (54,558,584)  (54,302,991)Total Shareholders’ Equity  3,843,346   4,098,939 Total Liabilities and Shareholders’ Equity $9,957,777  $9,693,738 

The accompanying notes are an integral part of the condensed consolidated financial statements.

 4Table of Contents

TOMI ENVIRONMENTAL SOLUTIONS, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(UNAUDITED)

  For The Three Months Ended   March 31,    2025  2024        Sales, net $1,576,558  $1,114,087 Cost of Sales  624,813   443,419 Gross Profit  951,745   670,668          Operating Expenses:        Professional Fees  219,316   197,999 Depreciation and Am