Company: TOMZ
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001654954-25-005288
Chunk: 76

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 2
Chunk 76
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 increase in service revenue was due to increased demand for iHP services as well as expanded services offered by the company.

Revenue by Geographic Region

   For The Three Months Ended March 31,  Change    2025  2024  $ United States  $1,192,000  $662,000  $530,000 International   385,000   452,000   (67,000)Total  $1,577,000  $1,114,000  $463,000 

Our domestic revenue for the three months ended March 31, 2025 and 2024 was $1,192,000 and $662,000, respectively, an increase of $530,000 or 80%, when compared to the same prior year period.   Our domestic revenue increased due to higher demand for our solution, mobile equipment, CES and iHP service sales.   

Internationally, our revenue for the three months ended March 31, 2025 and 2024, was approximately $385,000 and $452,000, respectively, representing a decrease of $67,000 or 15% when compared to the same prior year period.  The decline in revenue was due to the timing of orders placed by international customers.

Cost of Sales

   For The Three Months Ended March 31,  Change    2025  2024  $ Cost of Sales $625,000  $443,000  $182,000 

Cost of sales was $625,000 and $443,000 for the three months ended March 31, 2025 and 2024, respectively, an increase of $182,000 or 41%, compared to the prior year. The increase in cost of sales was primarily due to higher sales. Our gross profit as a percentage of sales for the three months ended March 31, 2025 was 60.4% compared to 60.2% in the same prior period, respectively. The higher gross profit is attributable to the product mix in sales and growth in our SteraMist BIT Solution revenues in the current period. 

Professional Fees

   For The Three Months Ended March 31,    Change    2025  2024  $ Professional Fees  $219,000  $198,000  $21,000