Company: TOMZ
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001654954-25-004233
Chunk: 760

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 2
Chunk 760
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,762)  (4,476,762)Balance at December 31, 2024  63,750  $638   20,015,205  $200,152  $58,201,140  $(54,302,991) $4,098,939 

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

 F-7Table of Contents

TOMI ENVIRONMENTAL SOLUTIONS, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

  For the Years Ended December 31,   2024  2023 Cash Flow From Operating Activities:      Net (Loss) $(4,476,762) $(3,402,592)Adjustments to Reconcile Net (Loss) to Net Cash (Used) In Operating Activities:        Depreciation and Amortization  296,536   366,677 Amortization of Right of Use Asset  157,315   157,315 Amortization of Deferred Financing Costs  62,480   10,413 Equity Compensation Expense  144,307   163,286 Value of Equity Issued for Services  45,000   150,000 Credit Loss Expense  1,050,543   272,517 Inventory Reserve  1,005,000   - Sales Returns Allowance  227,000   128,390 Changes in Operating Assets and Liabilities:        Decrease (Increase) in:        Accounts Receivable  (470,512)  69,894 Inventory  60,363   (131,104)Prepaid Expenses  38,299   17,061 Vendor Deposits  (6,560)  417,718 Long Term Accounts Receivable  -   (206,240)Other Assets  (5,321)  (75,574)Increase (Decrease) in:        Accounts Payable  657,349   (494,721)Accrued Expenses  (219,816)  (181,602)Deferred Revenue  159,724   (699,732)Lease Liability  (165,098)  (160,291)Net Cash (Used) in Operating Activities  (1,440,