Company: TOMZ
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001654954-25-009631
Chunk: 0

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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TOMI ENVIRONMENTAL SOLUTIONS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

ASSETS

  June 30, 2025  December 31, Current Assets: (Unaudited)  2024 Cash and Cash Equivalents $569,450  $664,879 Accounts Receivable - net  1,054,071   1,881,138 Inventories - net (Note 3)  3,267,460   3,578,202 Vendor Deposits (Note 4)  257,509   35,895 Prepaid Expenses  254,261   332,999 Total Current Assets  5,402,751   6,493,113          Property and Equipment – net (Note 5)  749,148   875,449          Other Assets:        Intangible Assets – net (Note 6)  1,301,021   1,250,574 Operating Lease - Right of Use Asset (Note – 7)  361,790   399,254 Other Assets  661,240   675,348 Total Other Assets  2,324,051   2,325,176 Total Assets $8,475,950  $9,693,738 LIABILITIES AND SHAREHOLDERS’ EQUITY         Current Liabilities:        Accounts Payable $1,001,121  $1,924,379 Accrued Expenses and Other Current Liabilities (Notes 13 and 14)  736,480   455,675 Deferred Revenue  719,235   211,724 Current Portion of Long-Term Operating Lease (Note 7)  136,227   129,132 Total Current Liabilities  2,593,063   2,720,910          Long-Term Liabilities:        Long-Term Operating Lease, Net of Current Portion (Note 7)  444,327   513,395 Convertible Notes Payable, net discount of $253,270 and $239,506 at June 30, 2025 and December 31, 2024, respectively (Note 9)  2,781,730   2,360,494