TOMI Environmental Solutions, Inc.

Good afternoon. Welcome to the Tomey Environmental Solutions, Incorporated, Second Quarter 2025 Financial Results Conference Call. At this time, all participants are in a listen-only mode and the floor will be open for questions following the presentation. If anyone should require operator assistance during this conference, please press star zero on your phone keypad. Please note this conference is being recorded. I will now turn the conference over to your host, John Nesbitt of IMS Investor Relations. John, the floor is yours.

Good afternoon. Thank you for joining us today for the Tomey Environmental Solutions Investor Update Call. On today's call is Tomey's Chief Executive Officer and Chairman of the Board, Dr. Halden Shane, E.J. Shane, Tomey's Chief Operating Officer, and David Vanston, Tomey's Chief Financial Officer. A telephone replay of today's call will be available through August 28th and the details of which are included in the company's press release dated August 14th, 2025. A webcast replay will also be available on Tomey's website, .steremist.com. Certain written and oral statements made by management of Tomey may constitute forward-looking statements as defined in the Private Securities Litigation Reform Act 1995. These forward-looking statements 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 undertakes an obligation to update these forward-looking statements after the date of this call. I will now turn the call over to Tomey's Chief Executive Officer and Dr. Halden Shane. Please go ahead.

Thank you, John, and good afternoon everyone, and thank you for joining Tomey Environmental Earning Call for the second quarter of 2025. We are making significant advances at Tomey and remain dedicated to achieving our goals for the year and beyond. With the second quarter behind us, we are encouraged by our recent momentum and believe it positions us well for the third quarter and the remainder of the year. At this time, we remain optimistic about maintaining this positive trajectory in the back half of 2025. During the second quarter, we completed several key projects that we believe will drive revenue growth. As of August 7th, the combined total recognized revenue, deferred revenue, and sales order backlog was approximately $4.6 million, with active projects on schedule for delivery in 2025. In addition, we are negotiating approximately $2 million in new custom and integrated contracts, with bids expected to close prior to year end. As of the date of this report, our open opportunities for our three product offerings for the custom engineered system, the CES, the hybrid solutions, and Stereomath SIS total approximately $15 million, of which $7 million are designated as high priority. High priority opportunities are those with which we are actively engaged through ongoing discussions on specifications, submitted formal proposals, or pursuits via established contractor relationships. All of this, which EJ, our COO, will talk in more detail shortly. In the second quarter of 2025, our total recognized and deferred revenue reached approximately $1.8 million. With recognized revenue for the quarter exceeding $1 million, our service revenue from the IHP service deployments and validation support services grew by an impressive 33% compared to the same period last year, and by 46% over the first six months. Our IHP corporate service revenue is primarily generated from our long term customers for the second quarter, along with other clients that has now become a regular contributor ordering from us almost quarterly. Additionally, we have a new customer with whom we have a pending contract following their upcoming job schedule for this month, which will be their order from us this year. Our select clients include many platinum clients. Most of these are ranked in the top 10 list of companies within their specific industry and market. As the CEO of this company, I am very impressed by this list of platinum customers. That is clearly why we won an award as being the best disinfection decontamination product in the world. To maintain a momentum in BIF solution sales, we are committed to expanding our customer outreach through targeted marketing strategies and strategic partnerships. We are also focused on educating the market about the critical importance of proactive disinfection through our Sturrimis Pro-Certified Program and enhancing our training materials within our learning management system. Year to date, we have seen a 40% increase in BIF solution sales. And we anticipate this growth will continue, especially as we expect repeat orders from customers during the latter half of the year. Years ago, we developed this model, and it is starting to bear its fruits as the solution is our razor blade in relationship to our razor blade model. Our solution is the key to our model and has the highest of margins. In the second quarter, we successfully validated the NASA project, which is now operational. We are collaborating with the Space Center on writing a publication, and early approval to do so is promising. We remain optimistic about the sales trends for the remainder of the year across our BIF solution, Sturrimis integrated systems, SIS platform, and our offered services, both deployment and support, along with our custom engineered system or CES. The quarter began on a strong note, marked a significant win for our SIS platform, totaling over $180,000 for a university with delivery scheduled for September. Our egg white manufacturing customer from the food industry continued to make device purchases as we welcomed new opportunities from a servicing franchise that began purchasing our equipment in the first quarter and continued with additional orders in the second quarter. Notably, three of their servicing locations are now utilizing SturriPACs, and we are in ongoing discussions to expand in other locations across the United States. Additionally, the USDA increased its usage of Sturrimis in the second quarter, and we concluded the quarter with another SIS collaboration with a material handling equipment supplier in Illinois. The breadth of these orders demonstrate our success in developing strong and varied relationships in multiple industry verticals. And as of June 12th, Sturrimis was recognized as the defection, disinfection, and decontamination product company of the year for 2025. I will now hand the call over to our new Chief Financial Officer, and please officially welcome David Vanston, who will provide a brief overview of our financial results for the second quarter of 2025 compared to the same period last year. David.