Company: OMQS
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001641172-25-024877
Chunk: 69

Company: OMNIQ Corp.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 8
Chunk 69
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 conservative to record the gain to Additional Paid-in Capital instead of in Other Income.

The net gain (APIC) was calculated as follows (in thousands):

SCHEDULE OF NET GAIN ON ADDITIONAL PAID IN CAPITAL

    Change in Value 
  
    Cash and cash equivalents 
    $(2,388)
  
    Accounts receivable, net 
     (4,730)
  
    Inventory, net 
     (282)
  
    Other current assets 
     (996)
  
    Property and equipment, net of accumulated depreciation 
     (48)
  
    Accounts payable and accrued liabilities 
     55,000 
  
    Other current liabilities 
     (1,822)
  
    Related party notes payable 
     (10,000)
  
    Additional paid-in capital 
    $(34,734)

Details of net loss from discontinued operations, net of taxes,
are as follows (in thousands):

SCHEDULE OF DISCONTINUED OPERATIONS

    Six months ended 
    June 30, 2025  
    June 30, 2024 

    Revenues 
    $24,599  
    $19,787 
  
    Cost of goods sold 
     19,115  
     13,975 
  
    Selling, general and administrative 
     7,281  
     5,706 
  
    Research & Development 
     40  
     10 
  
    Depreciation 
     14  
     9 
  
    Amortization 
     -  
     - 
  
    Interest expense 
     1,050  
     1,172 
  
    Other (expenses) income 
     1,176  
     61 
  
    Current tax 
     -  
     - 
  
    Net Loss from Discontinued Ops (Net of Tax) 
    $1,725  
    $1,024 

    Three months ended 
    June 30, 2025  
    June 30, 2024 

    Revenues 
    $12,675  
     10,621 
  
    Cost of goods sold 
     10,149  
     7,910 
  
    Selling, general and administrative 
     4,082  
     2,811 
  
    Research & Development 
     18  
     5 
  
    Depreciation