Company: OMQS
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010783
Chunk: 5

Company: OMNIQ Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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    Cash flows from financing activities 

    Proceeds from ESPP stock issuance 
     -  
     6 
  
    Payments on notes/loans payable 
     (903) 
     (1,133)
  
    Proceeds from draw on line of credit 
     (262) 
     156 
  
    Net cash (used in) provided by financing activities 
     (1,165) 
     (971)

    Net change in cash and cash equivalents 
     (178) 
     (1,642)

    Effect of foreign exchange rates on cash and cash equivalents 
     541  
     845 

    Cash and cash equivalents at beginning of period 
     2,349  
     1,678 

    Cash and cash equivalents at end of period 
    $2,712  
    $881 

    Non-cash activities: 

    Declared dividends payable 
    $7  
    $7 
  
    Right of use asset acquired in exchange for lease liability 
    $-  
    $1,284 
  
    Supplemental disclosure of cash flow information: 

    Cash paid for interest 
    $450  
    $916 
  
    Cash paid for income taxes 
    $-  
    $- 

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

F-4

OMNIQ CORP.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 – ORGANIZATION AND SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES

The condensed consolidated financial statements include
the accounts of OMNIQ Corp, and its wholly owned subsidiaries, referred to herein as “we,” “us,” “OMNIQ,”
or the “Company.” Intercompany accounts and transactions have been eliminated. In the opinion of the Company’s management,
the condensed consolidated financial statements reflect all adjustments, which are normal and recurring in nature, necessary for fair
financial statement presentation. The preparation of these condensed consolidated financial statements and accompanying notes in conformity
with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported.
Actual results could differ materially from those estimates. These condensed consolidated financial statements and accompanying notes
should be read in conjunction with the Company’s annual consolidated financial statements and accompanying notes included in its
Annual Report on Form 10-K for the