Niroshan Srirathan
On May 16, 2026, TOMI Environmental Solutions, Inc. (the “Company”) appointed Mr. Niroshan Srirathan as the Company’s Interim Chief Financial Officer, effective immediately.
Highest-materiality recent filing
TOMI to merge with Carbonium Core; Carbonium shareholders will own ~90% of combined entity
Carbonium holders receive TOMZ common (19.99% cap) plus convertible preferred, targeting 90% ownership post-conversion.
Majority shareholders OK removal of 19.99% cap and 1:3-1:6 reverse split
Majority shareholders approved via written consent on June 4, 2026, removing the 19.99% issuance cap under the November 5, 2025 purchase agreement with Hudson Global Ventures.
TOMI Environmental receives Nasdaq delisting notice for bid price, equity non-compliance
Nasdaq notified TOMI on May 19, 2026 that common stock will be delisted for failing to regain compliance with $1.00 bid price and $2.5M stockholders' equity requirements.
TOMI appoints interim CFO after unexpected death of CFO David Vanston
CFO David Vanston died unexpectedly on May 11, 2026; he had been with the company since May 30, 2025.
TOMI reports Q1 revenue $1.65M, net loss $0.04/sh, and LOI to merge with Carbonium Core ($120M EV)
Q1 2026 revenue $1.654M (+5% YoY); net loss ($811K) or ($0.04) per diluted share.
TOMI reports Q1 2026 BIT solution sales ~$427K; orders $3.36M, targeting >$12M FY revenue
Q1 2026 BIT solution sales ~$427,000; full-year 2025 BIT sales were $1.07M; gross margins exceed 80%.
TOMI reports preliminary Q1 2026 revenue ~$1.7M, up 67% sequentially
Q1 2026 preliminary revenue ~$1.7M, a 67% increase from Q4 2025.
TOMI full-year 2025 revenue falls 27% to $5.6M; net loss narrows to $0.19/shr
Net sales $5.636M vs $7.739M in 2024; customers deferred capex due to tariffs and Middle East crisis.
TOMI receives Nasdaq deficiency letters for bid price and equity; faces delisting risk
Received notice on Nov 17, 2025 for bid price below $1.00 for 30 consecutive business days.
TOMI Q3 revenue $2.0M, up 95% QoQ but down 21% YoY; net loss $450K
Revenue $2.0M in Q3 2025, up 95% sequentially from Q2 2025, down 21% from $2.5M in Q3 2024.
TOMI enters $20M equity purchase agreement with Hudson Global Ventures
Company can sell up to $20M of common stock to Hudson over 24 months at 92% of market price.
TOMI Environmental Q2 net sales drop 66% to $1.03M; net loss $1.24M
Net sales $1.03M in Q2 2025, down 66% YoY from $3.01M; net loss $1.24M ($0.06/sh) vs net income $30K.
TOMI Q1 revenue up 42% YoY to $1.58M; net loss narrows to $0.01/share
Net loss improved to $(256K) or $(0.01)/share vs $(1.31M) or $(0.07) YoY; operating loss $(754K) from $(1.226M).
TOMI shareholders approve reverse stock split authorization; elect directors
Elected Dr. Lim Boh Soon and Elissa J. Shane as Class I directors with ~10.2M votes each.
TOMI reports second consecutive quarterly profit; Q3 revenue up 73% YoY to $2.5M
Net income of $59k ($0.00 EPS) vs. net loss of $901k ($0.05 loss) in Q3 2023.
TOMI reports preliminary Q3 2024 revenue up 73% YoY, two consecutive quarters of profitability
Revenue expected +73% YoY in Q3 2024; nine months +14.5% YoY; reports positive net income for Q3.
TOMI launches SteraMist Integrated System – Standalone for cleanroom decontamination
System targets Biological Safety Cabinets (BSCs) in labs and cleanrooms.
TOMI iHP Corporate Service Q3 revenue record ~$650K, up from ~$250K quarterly average
iHP Corporate Service division expects record ~$650K revenue for Q3 2024 vs. historical ~$250K/quarter average.
TOMI Q2 2024: Revenue $3.0M (+8.6% YoY), turns profitable with net income $30k
Net income of $30k vs net loss of $89k in Q2 2023; operating income of $122k vs operating loss of $89k.
TOMI prelim Q2 rev ~$3.0M, +10% YoY, +170% sequential; BIT sales +31% YoY
Preliminary Q2 2024 revenue ~$3.0M, up 10% YoY and 170% sequentially from Q1 2024.
TOMI Q1 revenue $1.1M, net loss $0.07/share; backlog $900K and DHS contract for $2M noted
Net revenue $1,114K, down 30% YoY from $1,582K; gross margin improved to 60.2% from 59.5%.
TOMI FY2023 revenue $7.36M (-12% YoY); net loss $3.4M, EPS -$0.17
Full-year net revenue $7,355K vs $8,338K; net loss widened to $3,403K from $2,880K.
TOMI Q3 revenue $1.47M, net loss $0.05/share; issues $2.6M convertible note
Q3 2023 revenue $1.47M vs $1.76M YoY; gross margin 55% vs 61%.
TOMI issues $2.6M in 12% convertible notes; up to $5M total available
Issued $2.6M of 12% convertible notes due in 5 years; aggregate principal capacity of $5M.
TOMI regains Nasdaq minimum bid price compliance; reverse stock split plan suspended
Nasdaq confirmed TOMI regained compliance with $1.00 minimum bid price rule; matter closed.
TOMI Q2 revenue up 90% to $2.78M; net loss narrows to $0.00 EPS
Q2 revenue $2.78M (+90% YoY); gross margin 61%; operating loss improved to ($89K) from ($863K).
TOMI Q2 2023 preliminary revenue ~$2.8M, up 90% YoY and 75% sequentially
Preliminary unaudited Q2 2023 revenue expected ~$2.8M, up $1.3M or 90% vs Q2 2022.
TOMI Q1 revenue $1.58M, net loss $1.19M; backlog of $1.55M deferred
Net revenue $1.58M, down 31.5% YoY from $2.31M; net loss $1.19M ($0.06 EPS) vs $0.66M loss.
TOMI Q4 revenue up 40% to $2.8M; net loss narrows 58% YoY
Q4 revenue $2.812M (+40% YoY); FY revenue $8.338M (+8% YoY).
TOMI Environmental Q3 revenue $1.76M, net loss $653K; orders up 5% YoY
Q3 revenue $1.76M (down 20% YoY); gross margin improved to 60.9% from 59.6%.
On May 16, 2026, TOMI Environmental Solutions, Inc. (the “Company”) appointed Mr. Niroshan Srirathan as the Company’s Interim Chief Financial Officer, effective immediately.
On May 30, 2025, the Board of Directors (the “Board”) of TOMI Environmental Solutions, Inc. (the “Company”) appointed Mr. David Vanston as the Company’s Chief Financial Officer, effective immediately.
The appointment was made following the expiration of Mr. Nick Jennings’s offer letter to serve as the Interim Chief Financial Officer of the Company, as previously disclosed by the Company.
the Board appointed Ms. Elissa J. Shane to serve as a member of the Board.
Mr. Harold Paul notified TOMI Environmental Solutions, Inc. (the "Company") that he will resign as a director of the Company effective August 2, 2021.
Max materiality 0.90 · Median 0.60 · Most common event earnings