Company: TOMZ
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001654954-25-013088
Chunk: 21

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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 Accumulated Depreciation  3,279,874   3,065,891 Property and Equipment, net $678,528  $875,449  For the three and nine months ended September 30, 2025, depreciation was $60,822 and $184,587, respectively. For the three and nine months ended September 30, 2024, depreciation was $65,031 and $209,751, respectively.  For the three and nine months ended September 30, 2025, and 2024, amortization of tenant improvement allowance was $9,798 and $29,395, respectively and was recorded as lease expense and included within general and administrative expense on the consolidated statement of operations.

NOTE 6. INTANGIBLE ASSETS  Intangible assets consist of patents and trademarks related to our Binary Ionization Technology. We amortize the patents over the estimated remaining lives of the related patents. Trademarks have an indefinite life. Amortization expenses were $7,766 and $21,781 for the three and nine months ended September 30, 2025, respectively. Amortization expenses were $4,878 and $14,633 for the three and nine months ended September 30, 2024, respectively. Definite life intangible assets consist of the following:   September 30, 2025  December 31,   (Unaudited)  2024 Intellectual Property and Patents $3,449,482  $3,350,031 Less: Accumulated Amortization  2,952,102   2,930,321 Patents, net $497,380  $419,710  Indefinite life intangible assets consist of the following: Trademarks $861,825  $830,864          Total Intangible Assets, net $1,359,205  $1,250,574  Approximate future amortization is as follows (rounded to nearest thousand): Year Ended:   October 1 - December 31, 2025 $7,000 December 31, 2026  28,000 December 31, 2027  28,000 December 31, 2028  28,000 December 31, 2029  28,000 Thereafter   378