TOMI Environmental Solutions, Inc.

time, all participants have been placed on a listen-only mode, and we will open the floor for your questions and comments after the presentation. It is now my pleasure to turn the floor over to your host, John Nesbitt of IMS. Sir, the floor is yours.

Thank you for joining us today for TOMI Environmental Solutions Investor Update Call. On today's call is TOMI's Chief Executive Officer and Chairman of the Board, Dr. Halden Shane, TOMI's Chief Operating Officer, E.J. Shane, and and Tomi's Chief Financial Officer, Joe Rezepka. Dr. Shane will provide an overview of recent business highlights. EJ will report on future plans. Joe will provide the financials, and all will be available for the Q&A. A telephone replay of today's call will be available through August 15, 2024, the details of which are included in the company's press release, dated August 1, 2024. A webcast replay will also be available on Tomi's website, www.steramist.com. Please note that information contained within this presentation is relevant only to the date which it was recorded, August 1st, 2024, and you are therefore advised that time-sensitive information may no longer be accurate at the time of any replay. Certain written or oral statements made by management of TOME may constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be evaluated I'm sorry, should be evaluated in light of important risk factors that could cause actual results to differ materially from our anticipated results. The information provided in this conference call is based upon the facts and circumstances known at this time. The company takes no obligation to update these forward-looking statements after the date of this call. In addition, Tomi will discuss certain non-GAAP financial measures during this call. The company uses non-GAAP measures because it believes they provide useful information about operating performance that should be considered by investors in conjunction with the GAAP measures. Reconciliation of these non-GAAP measures to comparable GAAP measures is included in the earnings relief stated August 1, 2024. I will now turn the call over to Tomi's chairman and CEO, Dr. Holden Shane. Please go ahead.

Thank you, John, and good afternoon, everyone, and thank you for joining us today to discuss TOME Environmental Solutions second quarter 2024 financial results. Today, I am pleased to announce that TOME has achieved significant milestone by returning to profitability in quarter two of 2024. This achievement is a testament to the resilience and dedication of our team, the support of key long-term partners, as well as the strength of our business model. Our revenue for the quarter exceeded $3 million, representing a 170% sequential increase compared to the previous quarter. This growth was primarily driven by strong demand for our mobile equipment, which accounted for over 60% of our total revenue, an indicator we have not seen since the 2022 year. BitSolution sales increased by approximately 171% over the first quarter. We also saw strong international sales. The second quarter marks a record-breaking performance, suppressing our previous high since the outlier year of 2020. Building on this momentum, we have secured approximately $5.6 million in sales year-to-date. This figure combines recognized and reported revenue, delivered orders for Q3 and open bookings for the remainder of the year. We have nearly matched the total number of mobile equipment sales realized through the entire calendar year of 2023. Additionally, we have four active custom installation orders currently underway in our manufacturing production and validation service lines, with more projects expected to close soon. These trends position us for continued growth and solidify a strong foundation for the balance of the year. In addition to increased sales of our mobile equipment, our strong financial performance this quarter was driven by several key other factors. First, we partnered with EMAQ, who purchased over $1 million of equipment to be used for SteriMIST IHP service. Second, we delivered two custom integrations, a fully installed custom engineered system and a hybrid system to customers this quarter. Third, we continue to expand our global footprint with new customers in Canada, Mexico, Philippines, and the UAE. And lastly, our focus on cost reduction initiatives have yielded positive results improving our profitability and allowing us to invest in growth opportunities. We maintained an active focus on digital marketing initiatives and business development plans with existing customers to optimize our budget. We reduced our participation in trade shows and redirected resources towards more effective lead generation strategies, such as referrals and references. In addition, Tommy will discuss certain non-GAAP.