m_and_a
confidence high
sentiment neutral
materiality 0.75
TOMI reports Q1 revenue $1.65M, net loss $0.04/sh, and LOI to merge with Carbonium Core ($120M EV)
TOMI Environmental Solutions, Inc.
- Q1 2026 revenue $1.654M (+5% YoY); net loss ($811K) or ($0.04) per diluted share.
- Operating expenses down 15% to $1.458M; applicator sales surged 139% YoY vs Q1 2025.
- Signed non-binding LOI on April 30 to merge with Carbonium Core at $120M enterprise value.
- Carbonium Core stockholders to receive 19.99% of TOMZ common stock plus convertible preferred upon approval.
- Definitive agreements expected by May 30, 2026; 45-day exclusivity; subject to due diligence and stockholder OK.
item 2.02item 9.01