Company: TOMZ
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001654954-25-013088
Chunk: 0

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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TOMI ENVIRONMENTAL SOLUTIONS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

ASSETS  September 30,      2025  December 31,  Current Assets: (Unaudited)  2024 Cash and Cash Equivalents $490,022  $664,879 Accounts Receivable - net  619,965   1,881,138 Inventories - net (Note 3)  3,364,260   3,578,202 Vendor Deposits (Note 4)  222,065   35,895 Prepaid Expenses  333,997   332,999 Total Current Assets  5,030,309   6,493,113          Property and Equipment – net (Note 5)  678,528   875,449          Other Assets:        Intangible Assets – net (Note 6)  1,359,205   1,250,574 Operating Lease - Right of Use Asset (Note - 7)  342,229   399,254 Other Assets  634,920   675,348 Total Other Assets  2,336,354   2,325,176 Total Assets $8,045,191  $9,693,738 LIABILITIES AND SHAREHOLDERS’ EQUITY         Current Liabilities:        Accounts Payable $1,258,483  $1,924,379 Accrued Expenses and Other Current Liabilities (Notes 13 and 14)  828,723   455,675 Deferred Revenue  309,752   211,724 Current Portion of Long-Term Operating Lease (Note 7)  139,917   129,132 Total Current Liabilities  2,536,875   2,720,910          Long-Term Liabilities:        Long-Term Operating Lease, Net of Current Portion (Note 7)  407,781   513,395 Convertible Notes Payable, net of discount of $240,947 and $239,506 at September 30, 2025 and December 31, 2024, respectively (Note 9)  2,894,053   2,360,494