TOMZ: the balance sheet

MyFinsight

For the year ending 2025-12-31, TOMZ has $7,034,301 in assets. $6,445,797 in debts.

Balance Sheets	2025-12-31
Cash and cash equivalents	87,775
Accounts receivable, net	689,153
Inventories, net (note 3)	2,926,427
Vendor deposits (note 4)	161,597
Prepaid expenses	322,114
Total current assets	4,187,066
Property and equipment, net (note 5)	614,311
Intangible assets, net (note 6)	1,351,164
Operating lease - right of use asset (note 7)	322,089
Other assets	559,671
Total other assets	2,232,924
Total assets	7,034,301

Accounts payable	1,480,189
Accrued expenses and other current liabilities (notes 13 and 14)	860,703
Deferred revenue	424,032
Sale of future receipts, net of discount of 113,191 (note 12)	254,234
Current portion of long-term operating lease (note 7)	143,672
Total current liabilities	3,162,830
Long-term operating lease, net of current portion (note 7)	370,591
Convertible notes payable, net of discount of 222,624 and 239,506 at december 31, 2025 and december 31, 2024, respectively (note 9)	2,912,376
Total long-term liabilities	3,282,967
Total liabilities	6,445,797
Preferred stock, value-Cumulative Preferred Stock	638
Preferred stock, value-Series BPreferred Stock	0
Common stock par value 0.01 per share, 250,000,000 shares authorized 20,277,205 and 20,015,205 shares issued and outstanding at december 31, 2025 and december 31, 2024, respectively	202,772
Additional paid-in capital	58,437,080
Accumulated deficit	-58,051,986
Total shareholders' equity	588,504
Total liabilities and shareholders' equity	7,034,301

Unit: Dollar.