TOMI Environmental Solutions Reports 2024 Results
Ticker: TOMZ · Form: 10-K · Filed: Apr 14, 2025 · CIK: 314227
Sentiment: neutral
Topics: 10-K, financials, subsequent-event, financing
TL;DR
TOMI Environmental Solutions (TOMZ) filed 2024 10-K: $19.9M revenue, $20M net loss. Big financing news in March/April 2025.
AI Summary
TOMI Environmental Solutions, Inc. filed its 2024 10-K on April 14, 2025, reporting on its fiscal year ending December 31, 2024. The company's revenue for the fiscal year was $19,923,955, with a net loss of $20,015,205. Key subsequent events include the issuance of convertible promissory notes in March 2025 and a securities purchase agreement finalized by April 30, 2025.
Why It Matters
This filing provides investors with a comprehensive overview of TOMI Environmental Solutions' financial performance and strategic activities for the 2024 fiscal year, including significant post-year-end financing events.
Risk Assessment
Risk Level: medium — The company reported a significant net loss for the fiscal year 2024, indicating potential financial instability.
Key Numbers
- $19.9B — Revenue (Total revenue for fiscal year 2024 was $19,923,955.)
- $20.0B — Net Loss (The company reported a net loss of $20,015,205 for fiscal year 2024.)
- 2025-03-01 — Convertible Promissory Note Issuance (Indicates subsequent financing activity in March 2025.)
- 2025-04-30 — Securities Purchase Agreement (Marks the completion of a significant purchase agreement by April 30, 2025.)
Key Players & Entities
- TOMI Environmental Solutions, Inc. (company) — Filer of the 10-K report
- 2024-12-31 (date) — Fiscal year end
- 2025-04-14 (date) — Filing date of the 10-K
- $19,923,955 (dollar_amount) — Total revenue for fiscal year 2024
- $20,015,205 (dollar_amount) — Net loss for fiscal year 2024
- March 2025 (date) — Issuance of convertible promissory notes
- April 30, 2025 (date) — Securities purchase agreement finalization
FAQ
What was TOMI Environmental Solutions' total revenue for the fiscal year ending December 31, 2024?
The total revenue for the fiscal year ending December 31, 2024, was $19,923,955.
What was the net loss for TOMI Environmental Solutions in fiscal year 2024?
TOMI Environmental Solutions reported a net loss of $20,015,205 for fiscal year 2024.
When were convertible promissory notes issued by TOMI Environmental Solutions as a subsequent event?
Convertible promissory notes were issued as a subsequent event in March 2025.
What is the filing date for TOMI Environmental Solutions' 2024 10-K report?
The 10-K report for TOMI Environmental Solutions was filed on April 14, 2025.
By what date was the securities purchase agreement for TOMI Environmental Solutions finalized?
The securities purchase agreement was finalized by April 30, 2025.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on April 14, 2025 regarding TOMI Environmental Solutions, Inc. (TOMZ).