Company: TOMZ
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001654954-25-005288
Chunk: 75

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 2
Chunk 75
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,897,000   (191,000) (Loss) from Operations  (754,000)  (1,226,000)  472,000 Total Other Income (Expense)  499,000   (84,000)  583,000 Provision for (benefit from) Income Taxes  -   -   - Net (Loss) $(255,000) $(1,310,000)  1,055,000 Basic Net (Loss) per share $(0.01) $(0.07) $0.06 Diluted Net (Loss) per share $(0.01) $(0.07) $0.06 

Revenue

Total revenue for the three months ended March 31, 2025 and 2024, was $1,577,000 and $1,114,000, respectively, representing an increase of $463,000 or 42% compared to the same prior year period.  The increase in sales was due to higher demand for our solution, mobile equipment, CES and iHP service sales.   

As customers mature through the product and adoption cycle and our sales pipeline converts to revenue, we expect to generate more predictable sales quarter over quarter.

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Product and Service Revenue

   For The Three Months Ended March 31,  Change    2025  2024  $ SteraMist Product $1,000,000  $743,000  $257,000 Service and Training  577,000   371,000   206,000 Total  $1,577,000  $1,114,000  $463,000 

SteraMist Product-based revenues for the three months ended March 31, 2025 and 2024, were $1,000,000 and $743,000, representing an increase of $257,000 or 35% when compared to the same prior year period. The higher revenue was attributable to increased demand for our SteraMist BIT solution, mobile units and CES.  

Our service-based revenue for the three months ended March 31, 2025 and 2024, was $577,000 and $371,000, respectively, representing an increase of $206,000 or 56%. The