Company: OMQS
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010783
Chunk: 31

Company: OMNIQ Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 31
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 and commissions. The Company believes it has multiple defenses and cross claims against the former consultant and is
evaluating its response to the lawsuit, but plans to vigorously defend the suit.

NOTE
12 – BUSINESS SEGMENT

The
Company operates in a single reportable segment, referred to as providing solutions including hardware, software, communications, and
automated management service as an established distributor of barcode labels, tags, and ribbons, as well as RFID labels and tags. The
business is managed by the chief executive officer who is the Chief Operating Decision Maker (CODM). The CODM evaluates segment performance
based on operating income (loss) for purposes of allocating resources and evaluating financial performance.  The accounting policies
of our single reportable segment are the same as those for the Company as a whole.

NOTE 13 – SUBSEQUENT EVENTS

None

F-10

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

PRELIMINARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q contains forward-looking
statements within the meaning of the federal securities laws. Statements that are not historical facts, including statements about our
beliefs and expectations, are forward-looking statements. Forward-looking statements include statements preceded by, followed by, or that
include the words “may”, “could”, “would”, “should”, “believe”, “expect”,
“anticipate”, “plan”, “estimate”, “target”, “project”, “intend”,
“foresee” and similar expressions. These statements include, among others, statements regarding our expected business outlook,
anticipated financial and operating results, our business strategy and means to implement the strategy, our objectives, the amount and
timing of capital expenditures, the likelihood of our success in expanding our business, financing plans, budgets, working capital needs,
and sources of liquidity. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and
depend on circumstances that may or may not occur in the future.

Forward-looking statements are only predictions and
are not guarantees of performance. These statements are based on our management’s beliefs and assumptions, which in turn are based
on currently available information. Important assumptions relating to the forward-looking statements include, among others, assumptions
regarding demand for our products, the expansion of product offerings geographically or through new marketing applications, the timing
and cost of planned capital expenditures, competitive conditions, and general