10-Q Filing

TOMI Environmental Solutions, Inc. CIK: 314227 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001170022-13-000007`
Period End Date	20130331
Filing Date	20130514
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	tomz-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 30 Cash Flow Statement 60

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Cumulative Convertible Preferred Stock Series A; Par Value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cumulative Convertible Preferred Stock Series A; Par Value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$62.51K	USD	Point-in-time
Cumulative Convertible Preferred Stock Series A; Shares Authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cumulative Convertible Preferred Stock Series A; Shares Authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$73.42K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.90K	USD	Point-in-time
Cumulative Convertible Preferred Stock Series A; Issued Shares	`PreferredStockSharesIssued`	510,000.00	shares	Point-in-time
Accounts Receivable	`AccountsReceivableNetCurrent`	$215.66K	USD	Point-in-time
Accounts Receivable	`AccountsReceivableNetCurrent`	$94.77K	USD	Point-in-time
Cumulative Convertible Preferred Stock Series A; Issued Shares	`PreferredStockSharesIssued`	510,000.00	shares	Point-in-time
Funds in Escrow - Restricted	`FundsInEscrowRestricted`	-	USD	Point-in-time
Cumulative Convertible Preferred Stock Series A; Stock Outstanding	`PreferredStockSharesOutstanding`	510,000.00	shares	Point-in-time
Cumulative Convertible Preferred Stock Series A; Stock Outstanding	`PreferredStockSharesOutstanding`	510,000.00	shares	Point-in-time
Funds in Escrow - Restricted	`FundsInEscrowRestricted`	$3.32M	USD	Point-in-time
Prepaids Expenses	`PrepaidExpenseCurrent`	$5.40K	USD	Point-in-time
Cumulative Convertible Preferred Stock Series B; stated value	`PreferredStockParOrStatedValuePerShare1`	$1.00K	USD	Point-in-time
Prepaids Expenses	`PrepaidExpenseCurrent`	$4.15K	USD	Point-in-time
Cumulative Convertible Preferred Stock Series B; stated value	`PreferredStockParOrStatedValuePerShare1`	$1.00K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$294.48K	USD	Point-in-time
Cumulative Convertible Preferred Stock Series B; cumulative dividend	`CumulativeConvertiblePreferredStockSeriesBCumulativeDividend`	0.07	pure	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.44M	USD	Point-in-time
Cumulative Convertible Preferred Stock Series B; cumulative dividend	`CumulativeConvertiblePreferredStockSeriesBCumulativeDividend`	0.07	pure	Point-in-time
Cumulative Convertible Preferred Stock Series B; Shares Authorized	`CumulativeConvertiblePreferredStockSeriesBSharesAuthorized`	4,000.00	shares	Point-in-time
Property and Equipment, net	`PropertyPlantAndEquipmentNet`	$59.90K	USD	Point-in-time
Cumulative Convertible Preferred Stock Series B; Shares Authorized	`CumulativeConvertiblePreferredStockSeriesBSharesAuthorized`	4,000.00	shares	Point-in-time
Property and Equipment, net	`PropertyPlantAndEquipmentNet`	$47.91K	USD	Point-in-time
Cumulative Convertible Preferred Stock Series B; Issued Shares	`CumulativeConvertiblePreferredStockSeriesBIssuedShares`	0.00	shares	Point-in-time
Cumulative Convertible Preferred Stock Series B; Issued Shares	`CumulativeConvertiblePreferredStockSeriesBIssuedShares`	0.00	shares	Point-in-time
Security Deposits	`SecurityDeposit`	$500.00	USD	Point-in-time
Security Deposits	`SecurityDeposit`	$500.00	USD	Point-in-time
Cumulative Convertible Preferred Stock Series B; Stock Outstanding	`CumulativeConvertiblePreferredStockSeriesBStockOutstanding`	0.00	shares	Point-in-time
TOTAL ASSETS	`Assets`	$3.50M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$342.89K	USD	Point-in-time
Cumulative Convertible Preferred Stock Series B; Stock Outstanding	`CumulativeConvertiblePreferredStockSeriesBStockOutstanding`	0.00	shares	Point-in-time
Common Stock; Par Value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock; Par Value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts Payable and Accrued Expenses	`AccountsPayableAndAccruedLiabilitiesFairValueDisclosure`	$182.06K	USD	Point-in-time
Common Stock; Shares Authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common Stock; Shares Authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Accounts Payable and Accrued Expenses	`AccountsPayableAndAccruedLiabilitiesFairValueDisclosure`	$225.49K	USD	Point-in-time
Accrued Officer's Compensation	`AccruedEmployeeBenefitsCurrent`	$10.00K	USD	Point-in-time
Common Stock; Stock Issued	`CommonStockSharesIssued`	75.46M	shares	Point-in-time
Accrued Officer's Compensation	`AccruedEmployeeBenefitsCurrent`	$5.00K	USD	Point-in-time
Common Stock; Stock Issued	`CommonStockSharesIssued`	75.57M	shares	Point-in-time
Escrow Liability	`EscrowLiability`	$3.32M	USD	Point-in-time
Common Stock; Stock Outstanding	`CommonStockSharesOutstanding`	75.57M	shares	Point-in-time
Escrow Liability	`EscrowLiability`	-	USD	Point-in-time
Common Stock; Stock Outstanding	`CommonStockSharesOutstanding`	75.46M	shares	Point-in-time
Loans Payable - Officer	`LoansPayableOfficer`	$8.91K	USD	Point-in-time
Loans Payable - Officer	`LoansPayableOfficer`	$3.99K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.52M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$234.47K	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Cumulative Convertible Series A Preferred Stock; par value $0.01; 1,000,000 shares authorized; 510,000 shares issued and outstanding at authorized; 510,000 shares issued and outstanding at March 31, 2013 and December 31, 2012	`PreferredStockValue`	$5.10K	USD	Point-in-time
Cumulative Convertible Series A Preferred Stock; par value $0.01; 1,000,000 shares authorized; 510,000 shares issued and outstanding at authorized; 510,000 shares issued and outstanding at March 31, 2013 and December 31, 2012	`PreferredStockValue`	$5.10K	USD	Point-in-time
Cumulative Convertible Series B Preferred Stock; $1,000 stated value; 7.5 % cumulative dividend, 4,000 shares authorized; none issued and outstanding at March 31, 2013 and December 31, 2012	`CumulativeConvertibleSeriesBPreferredStock1000StatedValue7.5CumulativeDividend4000SharesAuthorizedNoneIssuedAndOutstandingAtMarch312013AndDecember312012`	-	USD	Point-in-time
Cumulative Convertible Series B Preferred Stock; $1,000 stated value; 7.5 % cumulative dividend, 4,000 shares authorized; none issued and outstanding at March 31, 2013 and December 31, 2012	`CumulativeConvertibleSeriesBPreferredStock1000StatedValue7.5CumulativeDividend4000SharesAuthorizedNoneIssuedAndOutstandingAtMarch312013AndDecember312012`	-	USD	Point-in-time
Common Stock; par value $0.01; 200,000,000 shares authorized; 75,569,569 and 75,455,585 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively	`CommonStockValue`	$755.70K	USD	Point-in-time
Common Stock; par value $0.01; 200,000,000 shares authorized; 75,569,569 and 75,455,585 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively	`CommonStockValue`	$754.55K	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$12.96M	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$13.02M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-13.61M	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-13.80M	USD	Point-in-time
Total Stockholders' Equity (Deficiency)	`StockholdersEquity`	$-17.75K	USD	Point-in-time
Total Stockholders' Equity (Deficiency)	`StockholdersEquity`	$108.41K	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficiency)	`LiabilitiesAndStockholdersEquity`	$342.89K	USD	Point-in-time
Total Liabilities and Stockholders' Equity (Deficiency)	`LiabilitiesAndStockholdersEquity`	$3.50M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net Revenue	`Revenues`	$39.16K	USD	1 Quarter
Net Revenue	`Revenues`	$65.23K	USD	1 Quarter
Cost of Sales	`CostOfGoodsSold`	$33.37K	USD	1 Quarter
Cost of Sales	`CostOfGoodsSold`	$31.74K	USD	1 Quarter
Gross Profit	`GrossProfit`	$5.79K	USD	1 Quarter
Gross Profit	`GrossProfit`	$33.49K	USD	1 Quarter
Professional Fees	`ProfessionalFees`	$83.60K	USD	1 Quarter
Professional Fees	`ProfessionalFees`	$109.13K	USD	1 Quarter
Other General and Administrative Expenses	`OtherGeneralAndAdministrativeExpense`	$86.30K	USD	1 Quarter
Other General and Administrative Expenses	`OtherGeneralAndAdministrativeExpense`	$46.80K	USD	1 Quarter
Debt Extinguishment	`ExtinguishmentOfDebtAmount`	-	USD	1 Quarter
Debt Extinguishment	`ExtinguishmentOfDebtAmount`	$-43.90K	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$86.50K	USD	1 Quarter
Total Costs and Expenses	`CostsAndExpenses`	$195.43K	USD	1 Quarter
Loss From Operations	`IncomeLossFromContinuingOperations`	$-189.64K	USD	1 Quarter
Loss From Operations	`IncomeLossFromContinuingOperations`	$-53.01K	USD	1 Quarter
Amortization of Debt Discount	`AmortizationOfDebtDiscountPremium`	$6.27K	USD	1 Quarter
Amortization of Debt Discount	`AmortizationOfDebtDiscountPremium`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$9.20K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.06K	USD	1 Quarter
Finance charges related to convertible debt	`FinanceChargesRelatedToConvertibleDebt`	$24.00K	USD	1 Quarter
Finance charges related to convertible debt	`FinanceChargesRelatedToConvertibleDebt`	-	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-3.06K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-39.46K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-192.69K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-92.47K	USD	1 Quarter
Basic and diluted loss per common share	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic and diluted loss per common share	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic and diluted weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	75.49M	shares	1 Quarter
Basic and diluted weighted average number of common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	64.85M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-192.69K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-92.47K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.71K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.30K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$6.27K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfFinancingCostsAndDiscounts`	-	USD	1 Quarter
Finance charges in connection with convertible debt	`FinanceChargesRelatedToConvertibleDebt`	$24.00K	USD	1 Quarter
Finance charges in connection with convertible debt	`FinanceChargesRelatedToConvertibleDebt`	-	USD	1 Quarter
Common Stock, options and warrants issued for services	`CommonStockOptionsAndWarrantsIssuedForServices`	$21.04K	USD	1 Quarter
Common Stock, options and warrants issued for services	`CommonStockOptionsAndWarrantsIssuedForServices`	$46.53K	USD	1 Quarter
Decrease in Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$120.89K	USD	1 Quarter
Decrease in Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Decrease in miscellaneous receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$3.01K	USD	1 Quarter
Decrease in miscellaneous receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	-	USD	1 Quarter
Decrease (Increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.56K	USD	1 Quarter
Decrease (Increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.25K	USD	1 Quarter
(Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-43.43K	USD	1 Quarter
(Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-42.69K	USD	1 Quarter
Increase in accrued officer's compensation	`IncreaseDecreaseInAccruedSalaries`	-	USD	1 Quarter
Increase in accrued officer's compensation	`IncreaseDecreaseInAccruedSalaries`	$5.00K	USD	1 Quarter
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-76.12K	USD	1 Quarter
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-52.74K	USD	1 Quarter
Capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$25.35K	USD	1 Quarter
Capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$21.70K	USD	1 Quarter
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.70K	USD	1 Quarter
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.35K	USD	1 Quarter
Cash Overdraft	`IncreaseDecreaseInBookOverdrafts`	-	USD	1 Quarter
Cash Overdraft	`IncreaseDecreaseInBookOverdrafts`	$-1.31K	USD	1 Quarter
Proceeds from the sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$20.00K	USD	1 Quarter
Proceeds from the sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$35.00K	USD	1 Quarter
Proceeds from loan payable - officer	`ProceedsFromLoans`	$32.44K	USD	1 Quarter
Proceeds from loan payable - officer	`ProceedsFromLoans`	$4.92K	USD	1 Quarter
Proceeds from Convertible Notes Payable	`ProceedsFromNotesPayable`	$100.00K	USD	1 Quarter
Proceeds from Convertible Notes Payable	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Payments of Notes Payable	`RepaymentsOfNotesPayable`	$2.16K	USD	1 Quarter
Payments of Notes Payable	`RepaymentsOfNotesPayable`	-	USD	1 Quarter
Escrow Funds - Restricted	`EscrowFundsRestricted`	$-3.32M	USD	1 Quarter
Escrow Funds - Restricted	`EscrowFundsRestricted`	-	USD	1 Quarter
Escrow Liability	`EscrowLiability1`	-	USD	1 Quarter
Escrow Liability	`EscrowLiability1`	$3.32M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$163.97K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$24.92K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$62.51K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-49.52K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$62.51K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$73.42K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$23.90K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$62.51K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$73.42K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$23.90K	USD	Point-in-time
Interest expense	`InterestExpenseDebt`	$3.06K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$3.03K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Common stock issued for payment of accrued expenses	`CommonStockIssuedForPaymentOfAccruedExpenses`	-	USD	1 Quarter
Common stock issued for payment of accrued expenses	`CommonStockIssuedForPaymentOfAccruedExpenses`	$3.00K	USD	1 Quarter
Payment of accrued expenses by former director applied against additional paid in capital	`PaymentOfAccruedExpensesByFormerDirectorAppliedAgainstAdditionalPaidInCapital`	$27.00K	USD	1 Quarter
Payment of accrued expenses by former director applied against additional paid in capital	`PaymentOfAccruedExpensesByFormerDirectorAppliedAgainstAdditionalPaidInCapital`	-	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.