Company: OMQS
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001641172-25-024877
Chunk: 1

Company: OMNIQ Corp.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 2
Chunk 1
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 and maintain technical information and management information systems.

    ●
    Compliance
    with laws and regulations, including those relating to environmental matters, corporate governance matters and tax matters, as well
    as any future changes to such laws and regulations; and

For
a more detailed discussion of some of the foregoing risks and uncertainties, see Item 1A — “Risk Factors” in our 2024
Form 10-K and Item 1A — “Risk Factors” in this Quarterly Report on Form 10-Q for the quarterly period ended June 30,
2025, as well as other reports and registration statements filed by us with the SEC. These factors should not be construed as exhaustive
and should be read with other cautionary statements in this Quarterly Report on Form 10-Q and our other public filings. For more information
about us and the announcements we make from time to time, visit our website at www.omniq.com.

Introduction

We
use patented and proprietary artificial intelligence (AI) technology to deliver machine vision image processing solutions including data
collection, real-time surveillance and monitoring for supply chain management, homeland security, public safety, traffic & parking
management, and access control applications.

The
technology and services we provide help our clients move people, assets, and data safely and securely through airports, warehouses, schools,
national borders, and many other applications and environments.

Our
principal solutions include hardware, software, communications, and automated management services, technical service and support. Our
highly tenured team of professionals has the knowledge and expertise to simplify the integration process for our customers. We deliver
practical problem-solving solutions backed by numerous customer references.

Our
customers include government agencies, healthcare, universities, airports, municipalities and more. We currently engage with several
billion-dollar markets with double-digit growth, including the Global Safe City market and the Ticketless Safe Parking market.

3

The
following is a discussion of our financial condition, results of operations, financial resources, and working capital. This discussion
and analysis should be read in conjunction with our unaudited condensed consolidated financial statements contained in this Form 10-Q.

OVERVIEW

Pursuant to the asset sale described in the Notes
to the Financial Statements, the assets of one division were sold during the second quarter of 2025. Accordingly, the financial statements
have reclassified the related revenues and expenses from both prior periods and the current period into a single line item for “Discontinued
Operations” on the face of the financial