Company: TOMZ
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001654954-25-004233
Chunk: 1200

Company: TOMI Environmental Solutions, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 7
Chunk 1200
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 Investing Activities  (261,527)  (216,690)

 The accompanying notes are an integral part of the consolidated financial statements. 

 F-8Table of Contents

TOMI ENVIRONMENTAL SOLUTIONS, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS – CONTINUED

  For the Years Ended December 31,   2024  2023 Cash Flow From Financing Activities:      Proceeds from Issuance of Convertible Notes $-  $2,287,601 Proceeds from Exercise of Options  27,500   - Net Cash Provided By Financing Activities:  27,500   2,287,601 (Decrease) In Cash and Cash Equivalents  (1,674,180)  (1,527,674)Cash and Cash Equivalents - Beginning  2,339,059   3,866,733 Cash and Cash Equivalents – Ending $664,879  $2,339,059          Supplemental Cash Flow Information:        Cash Paid for Interest $312,000  $- Cash Paid (Refunded) for Income Taxes $-  $- 

The accompanying notes are an integral part of the consolidated financial statements.

 F-9Table of Contents

TOMI ENVIRONMENTAL SOLUTIONS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1. DESCRIPTION OF BUSINESS TOMI Environmental Solutions, Inc., a Florida corporation (“TOMI”, the “Company”, “we”, “our” and “us”) is a global provider of disinfection and decontamination essentials through our premier Binary Ionization Technology® (BIT™) platform, under which we manufacture, license, service and sell our SteraMist® brand of products, including SteraMist® BIT™, a hydrogen peroxide-based mist and fog. Our solution and process are environmentally friendly as the only by-product from our decontamination process is oxygen and water in the form of humidity. Our solution is organically listed in the United States and Canada as a sustainably green product with no or very little carbon footprint. Our business is organized into four divisions: Life Sciences, Healthcare, Food Safety and Commercial. Invented under a defense grant in association with the Defense Advanced Research Projects Agency (“DARPA”) of the U.S.