Company: TOMZ
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001654954-25-004233
Chunk: 492

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1A
Chunk 492
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, INC. 

 CONSOLIDATED STATEMENTS OF OPERATIONS 

  For The Years Ended   December 31,   2024  2023        Sales, net $7,738,842  $7,354,564 Cost of Sales  4,181,764   3,065,028 Gross Profit  3,557,078   4,289,536          Operating Expenses:        Professional Fees  597,365   575,728 Depreciation and Amortization  296,536   366,677 Selling Expenses  1,128,402   1,351,465 Research and Development  290,683   491,798 Consulting Fees  225,779   282,548 General and Administrative  5,123,073   4,570,597 Total Operating Expenses  7,661,838   7,638,813 Income (loss) from Operations  (4,104,760)  (3,349,277)         Other Income (Expense):        Interest Income  17,489   11,990 Interest Expense  (389,491)  (65,305)Total Other Income (Expense)  (372,002)  (53,315)         Income (loss) before income taxes  (4,476,762)  (3,402,592)Provision for Income Taxes (Note 15)  -   - Net Income (loss) $(4,476,762) $(3,402,592)         Net income (loss) Per Common Share        Basic $(0.22) $(0.17)Diluted $(0.22) $(0.17)         Basic Weighted Average Common Shares Outstanding  19,992,592   19,834,476 Diluted Weighted Average Common Shares Outstanding  19,992,592   19,834,476 

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

 F-6Table of Contents

TOMI ENVIRONMENTAL SOLUTIONS, INC

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY

FOR THE YEARS ENDED DECEMBER 31, 2024 AND