Company: TOMZ
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001654954-25-004233
Chunk: 680

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1C
Chunk 680
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; (iv) allocate the transaction price to the performance obligation(s) in the contract; and (v) recognize revenue when (or as) we satisfy the performance obligation(s). At contract inception, we assess the goods or services promised within each contract, assess whether each promised good or service is distinct and identify those that are performance obligations. We must use judgment to determine: a) the number of performance obligations based on the determination under step (ii) above and whether those performance obligations are distinct from other performance obligations in the contract; b) the transaction price under step (iii) above for each distinct performance obligation identified in step (ii) above; and c) the stand-alone selling price for each performance obligation identified in the contract for the allocation of transaction price in step (iv) above. Title and risk of loss generally pass to our customers upon shipment. Our customers include end users as well as dealers and distributors who market and sell our products. Our revenue is not contingent upon resale by the dealer or distributor, and we have no further obligations related to bringing about resale. Shipping and handling costs charged to customers are included in Product Revenues. The associated expenses are treated as fulfillment costs and are included in Cost of Revenues. Revenues are reported net of sales taxes collected from Customers. Disaggregation of Revenue The following table presents our revenues disaggregated by revenue source (rounded to nearest thousandth). Product and Service Revenue  For The Years EndedDecember 31,  Change   2024  2023  $ SteraMist Product $6,035,000  $5,781,000  $254,000 Service and Training  1,704,000   1,574,000   130,000 Total $7,739,000  $7,355,000  $384,000  Revenue by Geographic Region   For The Years EndedDecember 31,  Change   2024  2023  $ United States $6,098,000  $6,125,000  $(27,000)International  1,641,000   1,230,000   411,000 Total $7,739,000  $7,355,000  $384,000 

 F-14Table of Contents

Product revenue includes sales from our standard and customized equipment, solution and accessories sold with