Company: TOMZ
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001654954-25-004233
Chunk: 1259

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 7A
Chunk 1259
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,799   4,998,720          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 December 31, 2024 and December 31, 2023, 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 December 31, 2024 and December 31, 2023, respectively  -   - Common stock; par value $0.01 per share, 250,000,000 shares authorized;        20,015,205 and 19,923,955 shares issued and outstanding        at December 31, 2024 and December 31, 2023, respectively  200,152   199,240 Additional Paid-In Capital  58,201,140   57,985,245 Accumulated Deficit  (54,302,991)  (49,826,229)Total Shareholders’ Equity  4,098,939   8,358,894 Total Liabilities and Shareholders’ Equity $9,693,738  $13,357,614 

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

 F-5Table of Contents

 TOMI ENVIRONMENTAL SOLUTIONS, INC. 

 CONSOLIDATED STATEMENTS OF OPERATIONS 

  For The Years Ended   December 31,   2024  2023        Sales, net $7,738,842  $7,354,564 Cost of Sales  4,181,764   3,065,028 Gross Profit  3,557,078   4,289,536          Operating Expenses:        Professional Fees  597,365   575,728 Depreciation and Amortization  296,536   366,677 Selling Expenses  1,128,402   1,351,465 Research and Development  290