secwatch.observer — SEC 8-K summary
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Issuer:     TOMI Environmental Solutions, Inc. (TOMZ)
CIK:        0000314227
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001654954-23-014366
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TOMI Q3 revenue $1.47M, net loss $0.05/share; issues $2.6M convertible note
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- Q3 2023 revenue $1.47M vs $1.76M YoY; gross margin 55% vs 61%.
- Net loss $901K ($0.05 per share) vs $653K ($0.03) in prior year.
- Nine-month revenue $5.83M, up 5% YoY; net loss $2.18M ($0.11/share).
- Subsequent to quarter, issued $2.6M convertible note for working capital and expansion.
- SteraMist iHP service revenue grew 59% YoY in Q3; new partnerships with Colcom, Universal Disinfection.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/314227/000165495423014366/0001654954-23-014366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/314227/000165495423014366/tomz_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-014366

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer