Company: OMQS
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001641172-25-024877
Chunk: 29

Company: OMNIQ Corp.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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OMNIQ
CORP.

CONDENSED
CONSOLIDATED BALANCE SHEETS

(In
                                            thousands, except share and per share data) 
    As
    of 

    June
    30, 2025  
    December
    31, 2024 

    (UNAUDITED)  

    ASSETS 

    Current
    assets 

    Cash
    and cash equivalents 
    $2,209  
    $2,349 
  
    Accounts
    receivable, net 
     9,807  
     20,945 
  
    Inventory, net 
     3,005  
     7,405 
  
    Prepaid
    expenses 
     375  
     1,085 
  
    Prepaid expenses, related party 
     200  
     - 
  
    Prepaid expenses 
     200  
     - 

    Other
    current assets 
     34  
     96 
  
    Total
    current assets 
     15,630  
     31,880 

    Property
    and equipment, net of accumulated depreciation 
     696  
     721 
  
    Goodwill 
     3,156  
     2,918 
  
    Trade
    name, net of accumulated amortization 
     1,185  
     1,187 
  
    Customer
relationships, net of accumulated amortization 
     2,968  
     3,115 
  
    Other
intangibles, net of accumulated amortization 
     375  
     410 
  
    Right
    of use lease asset 
     410  
     1,076 
  
    Other
    assets 
     2,360  
     2,282 
  
    Total
    Assets 
    $26,780  
    $43,589 

    LIABILITIES
    AND STOCKHOLDERS’ EQUITY (DEFICIT) 

    Current
    liabilities 

    Accounts
    payable and accrued liabilities 
    $12,642  
    $66,097 
  
    Line
    of credit 
     1,615  
     535 
  
    Accrued
    payroll and sales tax 
     3,644  
     2,903 
  
    Notes