Company: OMQS
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010783
Chunk: 42

Company: OMNIQ Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 2
Chunk 42
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 with laws and regulations, including those relating to environmental matters, corporate governance matters and tax matters, as well as any future changes to such laws and regulations; and

For a more detailed discussion of some of the foregoing
risks and uncertainties, see Item 1A — “Risk Factors” in our 2024 Form 10-K and Item 1A — “Risk Factors”
in this Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025, as well as other reports and registration statements
filed by us with the SEC. These factors should not be construed as exhaustive and should be read with other cautionary statements in this
Quarterly Report on Form 10-Q and our other public filings. For more information about us and the announcements we make from time to time,
visit our website at www.omniq.com.

Introduction

We use patented and proprietary artificial intelligence
(AI) technology to deliver data collection, real-time surveillance and monitoring for supply chain management, homeland security, public
safety, traffic & parking management, and access control applications. The technology and services we provide help our clients move
people, assets, and data safely and securely through airports, warehouses, schools, national borders, and many other applications and
environments.

Our principal solutions include hardware, software,
communications, and automated management services. We are an established distributor of barcode labels, tags, and ribbons, as well as
RFID labels and tags. We provide printing solutions, credit card terminals, automatic kiosks and point-of-care units. We also offer technical
service and support. Our highly tenured team of professionals has the knowledge and expertise to simplify the integration process for
our customers, and our team delivers proven problem-solving solutions backed by numerous customer references. We offer comprehensive packaged
and configurable software, and we are a leading provider of best-in-class mobile and wireless equipment.

Our customers include government agencies and leading
Fortune 500 companies from diverse sectors, including healthcare, food and beverage, manufacturing, retail, distribution, and transportation
and logistics. Since 2014, our annual consolidated revenues have grown to more than $80 million with clients in more than 40 countries.
We currently engage with several billion-dollar markets with double-digit growth, including the Global Safe City market and the Ticketless
Safe Parking market.

3

The following is a discussion of our financial condition,
results of operations, financial resources, and working capital. This discussion and analysis should be read in conjunction with