Company: TOMZ
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001654954-25-013088
Chunk: 77

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 77
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,000  $910,000  $162,000  $3,266,000  $3,181,000  $85,000 

General and administrative expenses were $1,072,000 and $910,000 for the three months ended September 30, 2025 and 2024, respectively, an increase of $162,000 or 18% in the current period.  The increase was primarily attributable to an increase in credit loss expense offset by various reductions due to cost-cutting initiatives implemented during the current year.

General and administrative expenses were $3,266,000 and $3,181,000 for the nine months ended September 30, 2025 and 2024, respectively, an increase of $85,000, or 3% in the current period. The increase was primarily attributable to an increase in credit loss expense offset by various reductions due to cost-cutting initiatives implemented during the current year.

Other Income and Expense

  For the three months     For the nine months      ended     ended      September 30,   Change   September 30,   Change    2025  2024  $  2025  2024  $ Other Income  $-  $-  $-  $535,000  $-  $535,000 Interest Income   1,000   3,000   (2,000)  86,000   15,000   71,000 Interest Expense  (130,000)  (94,000)  (36,000)  (356,000)  (280,000)  (76,000)Other Income (Expense) $(129,000) $(91,000) $(38,000) $265,000  $(265,000) $530,000 

Other income was approximately $535,000 and $0 for the nine months ended September 30, 2025, and 2024.  Other income consisted of employee retention tax credits received in the current year period. 

Interest income was approximately $1,000 and $3,000 for the three months ended September 30, 2025, and 2024, respectively. Interest income was approximately $86,000 and $15,000 for