TOMI Environmental Solutions, Inc. (TOMZ) Form 10-Q — Aug 14, 2026
TOMI Environmental Solutions posted Q2 2026 revenue of $2.25 million, up 118% year over year, with the net loss narrowing to $382,299 from $1,237,516 and first-half revenue up 50% to $3.9 million. Management reaffirmed fiscal 2026 revenue guidance of at least $12 million, citing a $35 million pipeline and a sales backlog that has grown to roughly $2.5-2.6 million since quarter end. The 10-Q carries substantial-doubt going-concern language: cash was just $321,899 at June 30, 2026 against a $59.2 million accumulated deficit, and operating cash burn nearly tripled to $1.3 million in the half.
Key figures
- Revenue
- 2247000
- Guidance
- Revenue of at least $12 million for fiscal 2026; $35 million total sales pipeline with ~$8.6 million in advanced stages
- Total Debt
- 2949022
- Revenue Yoy
- 118% (Q2 2026); 50% (H1 2026)
- Total Assets
- 8381847
- Cash Position
- 321899
- Interest Rate
- 12
- Shares Outstanding
- 8142577
- H1 Revenue
- 3901000
- Eloc Facility
- 20000000
- Sales Backlog
- $2.2 million at June 30, 2026 (subsequently ~$2.5-2.6 million)
- Q2 Gross Margin
- 61.7%
- Working Capital
- 1818000
- Project Pipeline
- 4300000
- Advanced Pipeline
- 8600000
- Eloc Net Proceeds H1
- 1919744
- Reverse Split Ratio
- 1:3
- Accumulated Deficit
- 59244931
- Eloc Shares Issued H1
- 1345642
- Total Sales Pipeline
- 35000000
- Eloc Remaining Capacity
- 18100000
- Convertible Note Principal
- 3135000
- Merger Financing Condition
- 10000000
- Convertible Note Amended Conversion Price
- $1.50 (2023 Notes, cut from $3.75 on Aug 12, 2026)
Price after filing
Close on the filing date to close N calendar days later (from $1.75). Historical, not a forecast.
AI analysis
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