Company: OMQS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023481
Chunk: 17

Company: OMNIQ Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 17
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 ended September 30, 2025
and 2024 totaled $2.9 million and $2.1 million, respectively, representing a 41% increase. The increases are related to increases in
salaries for key people in 2025 relative to 2024.

Depreciation
– Depreciation expenses for the three months ended September 30, 2025 and 2024 totaled $17 thousand and $85 thousand, respectively,
representing an 80% decrease.

Intangible
amortization – Intangible amortization expenses for the three months ended September 30, 2025 and 2024 totaled $245 thousand
and $228 thousand, respectively.

Other
income and expenses

Interest
Expense – Interest expense for the three months ended September 30, 2025 totaled $248 thousand, as compared to $250 thousand
for the three months ended September 30, 2024.

    For the nine months ended September 30,  
    Variation 
  
    In thousands 
    2025  
    2024  
    $  
    % 
  
    Revenue 
    $24,213  
    $27,040  
    $(2,827) 
     (10.45)%
  
    Cost of Goods sold 
     17,089  
     20,820  
     (3,731) 
     (17.92)%
  
    Gross Profit 
     7,124  
     6,220  
     904  
     14.53%
  
    Operating Expenses 
     8,392  
     9,275  
     (883) 
     (9.52)%
  
    Loss from operations 
     (1,268) 
     (3,055) 
     1,787  
     (58.49)%
  
    Net loss 
     (784) 
     (6,743) 
     5,959  
     (88.37)%
  
    Net Loss per common Share from continuing operations 
    $0.09  
    $(0.46) 
    $0.55  
     (118.61)%

5

Revenues

For the nine months ended September 30, 2025 and 2024, the Company generated
net revenues in the amount of $24.2 million and