Company: OMQS
Filing Date: 2025-08-22
Form Type: PRE 14A
Source: 0001641172-25-025256
Chunk: 20

Company: OMNIQ Corp.
Filing Date: 2025-08-22
Form: PRE 14A
Chunk 20
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 financial reporting, utilizing standards incorporating applicable portions of the Public Company Accounting Oversight Board’s 2009 Guidance for Smaller Public Companies in Auditing Internal Controls Over Financial Reporting as necessary on an on-going basis. The Company has hired additional finance department staff during the year ending December 31, 2020 which allows for a higher level of segregation and improve the Company’s overall compliance with COSO but the deficiency is still present. The hiring of additional staff is dependent upon the Company obtaining sufficient cash flows from operations or financings.

While the material weakness set forth above were the result of the scale of the Company’s operations and is intrinsic to its small size, the Company believes the risk of material misstatements relative to financial reporting are minimal.

During the Company’s fiscal year ended December 31, 2024, the auditor informed the Company that there had not been any reportable events.

Audit and Non-Audit Fees

Our Audit Committee is directly responsible for the appointment, compensation, and oversight of our independent auditor. It is the policy of our Audit Committee to pre-approve all audit and non-audit services provided by our independent registered public accountants. On [*], 2025, the Company entered into an engagement agreement with Haynie & Company to provide audit services for the year ending December 31, 2025. Our Audit Committee has considered whether the provision by Haynie & Company of services of the varieties described below is compatible with maintaining the independence of Haynie & Company. Our Audit Committee believes that Haynie & Company only provided audit services. We use another firm to provide tax compliance services.

The fees shown in the table under the 2024 column reflect fess billed to us only by and Haynie & Company.

| In thousands       |     | Fiscal Year Ended December 31, 
 2024                           |     |     | 2023 |   |
|:-------------------|:----|:-------------------------------|:----|:----|:-----|:--|
| Audit fees         |     | $                              | [*] |     | $    |   |
| Audit related fees |     |                                | -   |     |      | - |
| Tax fees           |     |                                | -   |     |      | - |
| All other fees     |     |                                | -   |     |      | - |
| Totals             |     | $                              |     |     | $    |   |

| 18 |

In the above table, in accordance with the SEC’s definitions