Company: TOMZ
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001654954-25-005288
Chunk: 74

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 2
Chunk 74
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 35 for Business Consultation and Management Services, Class 37 for General Disinfecting Services, Class 40 for Chemical Decontamination and Manufacturing Services, and Class 41 for Providing Education Training and information related to biological and bacterial decontamination services. Recently, we have expanded our trademark protection into India.

 32Table of Contents

Financial Operations Overview

Our financial position as of March 31, 2025 and December 31, 2024, respectively, was as follows:

  March 31, 2025(Unaudited)  December 31, 2024 Total shareholders’ equity $3,843,000  $4,099,000 Cash and cash equivalents $674,000  $665,000 Deferred Revenue $234,000  $212,000 Accounts Receivable, net $1,930,000  $1,881,000 Other Receivables $455,000  $- Inventories, net $3,406,000  $3,578,000 Prepaid Expenses $281,000  $333,000 Vendor Deposits $33,000  $36,000 Current liabilities – Excluding Deferred Revenue  $2,734,000  $2,509,000 Long-term liabilities – Convertible Notes, net  $2,623,000  $2,361,000 Long-term liabilities – Other  $479,000  $513,000 Working Capital $3,767,000  $3,772,000 

During the three months ended March 31, 2025, our debt and liquidity positions were affected by the following:

 ·Net cash used in operations of approximately $276,000. ·Net cash provided from financing activities $285,000

Results of Operations for the Three Months Ended March 31, 2025 Compared to the Three Months Ended March 31, 2024:

   For The Three Months Ended March 31,    Change    2025  2024  $ Revenue, Net $1,577,000  $1,114,000  $463,000 Gross Profit  952,000   671,000   281,000 Total Operating Expenses   1,706,000   1