Company: TOMZ
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001654954-25-004233
Chunk: 222

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 11
Chunk 222
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 2024  2023 Net Loss $(4,476,762) $(3,402,592)Net loss attributable to common shareholders $(4,476,762) $(3,402,592)Weighted average number of shares of common stock outstanding:        Basic  19,992,592   19,834,476 Diluted  19,992,592   19,834,476 Net loss attributable to common shareholders per share:        Basic $(0.22) $(0.17)Diluted $(0.22) $(0.17) The following provides a reconciliation of the shares used in calculating the per share amounts for the periods presented:   For the Years Ended December 31,   2024  2023 Numerator:      Net Loss $(4,476,762) $(3,402,592)Denominator:        Basic weighted-average shares  19,992,592   19,834,476 Effect of dilutive securities        Warrants  -   - Convertible Debt  -   - Options  -   - Preferred Stock  -   - Diluted Weighted Average Shares  19,992,592   19,834,476 Net Loss Per Common Share:        Basic $(0.22) $(0.17)Diluted $(0.22) $(0.17)

 F-13Table of Contents

Revenue Recognition We recognize revenue in accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (“ASC”) Revenue from Contracts with Customers (Topic 606). We recognize revenue when we transfer promised goods or services to customers in an amount that reflects the consideration to which we expect to be entitled in exchange for those goods or services. To determine revenue recognition for contracts with customers we perform the following five steps: (i) identify the contract(s) with a customer; (ii) identify the performance obligation(s) in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligation(s) in the contract; and (v) recognize revenue when (or as) we satisfy the performance obligation(s). At contract inception, we assess the goods or services promised within each contract, assess whether each promised good or service is distinct and identify those that are performance