Company: TOMZ
Filing Date: 2025-09-30
Form Type: ARS
Source: 0001654954-25-011264
Chunk: 109

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-09-30
Form: ARS
Chunk 109
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048,642 |

For the years ended December 31, 2024 and 2023, depreciation was $270,228 and $345,556, respectively. For the years ended December 31, 2024 and 2023, amortization of tenant improvement allowance was $39,194 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. The trademarks have an indefinite life. Amortization expense was $26,308 and $21,121 for the years ended December 31, 2024 and 2023, respectively.

Definite life intangible assets consist of the following:

|                                   |     |   | December 31,  2024 |     |   | December 31,  2023 |
|:----------------------------------|:----|:--|-------------------:|:----|:--|-------------------:|
| Intellectual Property and Patents |     | $ |          3,350,031 |     | $ |          3,196,396 |
| Less: Accumulated Amortization    |     |   |          2,930,321 |     |   |          2,904,013 |
| Patents, net                      |     | $ |            419,710 |     | $ |            292,383 |

Indefinite life intangible assets consist of the following:

| Trademarks |     | 830,864 |     | 830,863 |

| Total Intangible Assets, net |     | $ | 1,250,574 |     | $ | 1,123,246 |

Approximate future amortization is as follows (rounded to nearest thousandth):

| Year Ended:       
 December 31, 2025 |     | Amount |  20,000 |
|:------------------|:----|:-------|--------:|
| December 31, 2026 |     |        |  20,000 |
| December 31, 2027 |     |        |  20,000 |
| December 31, 2028 |     |        |  20,000 |
| December 31, 2029 |     |        |  20,000 |
| Thereafter        |