Overview
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- TickerOMQS on OTC1
- IndustryServices-Computer Integrated Systems Design1
- HeadquartersMurray, Utah1
- Incorporated inDE2
- Business address696 W Confluence Ave, Murray, Ut 841232
- Filer categoryNon-accelerated filer, Smaller reporting company2
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Company’s machine vision platform supports zone-based monitoring across controlled environments using configurable virtual zones.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Regions
Israel brought in 96% of the revenue OMNIQ Corp. broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| Israel | $31.6M | $31.4M |
| United States | $1.6M | $1.4M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue66¢$23.9M
- Research and development6¢$2.0M
- Selling, general and admin27¢$9.8M
- Income tax1¢$495.0K
Out of $33.0M in revenue.5 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Kept or used elsewhere100¢$7.5M
Out of $7.5M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenues | $33.0M | $34.9M |
| Cost of goods sold | $23.9M | $29.3M |
| Gross profit | $9.0M | $5.6M |
| Research & Development | $2.0M | $1.9M |
| Selling, general and administrative | $9.8M | $9.1M |
| Depreciation | $80.0K | $347.0K |
| Amortization | $965.0K | $915.0K |
| Total operating expenses | $12.9M | $12.3M |
| Loss from operations | -$3.8M | -$6.6M |
| Interest expense | -$1.2M | -$1.1M |
| Other (expenses) income | $4.5M | -$491.0K |
| Total other (expenses) income | $3.3M | -$1.5M |
| Net (Loss) Income Before Income Taxes | -$533.0K | -$8.2M |
| Current | -$495.0K | $698.0K |
| Total (Provision) Benefit for Income Taxes | -$495.0K | $698.0K |
| Net Income (Loss) before discontinued Operations | -$1.0M | -$7.5M |
| Income (Loss) from Discontinued Operations, net of taxes | $891.0K | -$2.5M |
| Net Loss | -$137.0K | -$10.0M |
| Foreign currency translation adjustment | -$3.5M | $735.0K |
| Comprehensive loss | -$3.7M | -$9.3M |
| Net Loss | -$137.0K | -$10.0M |
| Less: Dividends attributable to non-common stockholders of OMNIQ Corp | -$32.0K | -$32.0K |
| Net loss attributable to common stockholders of OMNIQ Corp | -$169.0K | -$10.0M |
| Net loss per share- basic | -$0.01 | -$0.94 |
| Net loss per share- diluted | -$0.01 | -$0.94 |
| Net (loss) per share for continuing operations | -$0 | -$1 |
| Net income (loss) per share for discontinued operations | $0 | -$0 |
| Weighted average number of common shares outstanding- basic | 11.2M shares | 10.7M shares |
| Weighted average number of common shares outstanding- diluted | 11.2M shares | 10.7M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2025-06-30 | 2024-12-31 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $679.0K | $2.4M | $2.3M | ||
| Accounts receivable, net | $9.5M | $20.9M | |||
| Inventory | $3.4M | $282.0K | $7.4M | ||
| Prepaid expenses | $786.0K | $1.1M | |||
| Other current assets | $52.0K | $996.0K | $96.0K | ||
| Total current assets | $14.5M | $31.9M | |||
| Property and equipment, net of accumulated depreciation | $528.0K | $48.0K | $721.0K | ||
| Goodwill | $3.3M | $2.9M | $1.8M | ||
| Trade name, net of accumulated amortization | $1.2M | $1.2M | |||
| Customer relationships, net of accumulated amortization | $2.8M | $3.1M | |||
| Other intangibles, net of accumulated amortization | $335.0K | $410.0K | |||
| Right of use lease asset | $1.7M | $1.1M | $1.9M | ||
| Other assets | $1.9M | $2.3M | |||
| Total Assets | $26.2M | $43.6M | |||
| Accounts payable and accrued liabilities | $11.2M | $66.1M | |||
| Line of credit | $1.3M | $535.0K | |||
| Accrued payroll and sales tax | $1.6M | $2.9M | |||
| Related party advances | $3.8M | ||||
| Lease liability current portion | $373.0K | $701.0K | |||
| Other current liabilities | $2.9M | $1.8M | $7.6M | ||
| Total current liabilities | $27.7M | $86.3M | |||
| Accrued interest and accrued liabilities, related party | $73.0K | ||||
| Lease liability | $1.2M | $353.0K | |||
| Other long term liabilities | $715.0K | $494.0K | |||
| Total liabilities | $38.9M | $87.5M | |||
| Common stock; $0.001 par value; 35,000,000 shares authorized; 15,102,930 and 10,712,930 shares issued and outstanding, respectively. | $15.0K | $11.0K | |||
| Additional paid-in capital | $113.6M | -$34.7M | $78.7M | ||
| Accumulated (deficit) | -$124.0M | -$123.9M | |||
| Accumulated other comprehensive (loss) income | -$2.3M | $1.3M | |||
| Total OMNIQ stockholders equity (deficit) | -$12.7M | -$43.9M | -$35.0M | ||
| Total liabilities and equity (deficit) | $26.2M | $43.6M | |||
| Preferred stock, shares outstanding | 0 shares | 0 shares | |||
| Common Stock, Par or Stated Value Per Share | $0.00 | ||||
| Common stock, shares authorized | 35.0M shares | 35.0M shares | 35.0M shares | ||
| Common stock, shares issued | 15.1M shares | ||||
| Common stock, shares outstanding | 15.1M shares | 10.7M shares |
| Period ending | 2025-12-31 | 2025-06-30 | 2024-12-31 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $679.0K | $2.4M | $2.3M | ||
| Accounts receivable, net | $9.5M | $20.9M | |||
| Inventory | $3.4M | $282.0K | $7.4M | ||
| Prepaid expenses | $786.0K | $1.1M | |||
| Other current assets | $52.0K | $996.0K | $96.0K | ||
| Total current assets | $14.5M | $31.9M | |||
| Property and equipment, net of accumulated depreciation | $528.0K | $48.0K | $721.0K | ||
| Goodwill | $3.3M | $2.9M | $1.8M | ||
| Trade name, net of accumulated amortization | $1.2M | $1.2M | |||
| Customer relationships, net of accumulated amortization | $2.8M | $3.1M | |||
| Other intangibles, net of accumulated amortization | $335.0K | $410.0K | |||
| Right of use lease asset | $1.7M | $1.1M | $1.9M | ||
| Other assets | $1.9M | $2.3M | |||
| Total Assets | $26.2M | $43.6M | |||
| Accounts payable and accrued liabilities | $11.2M | $66.1M | |||
| Line of credit | $1.3M | $535.0K | |||
| Accrued payroll and sales tax | $1.6M | $2.9M | |||
| Related party advances | $3.8M | ||||
| Lease liability current portion | $373.0K | $701.0K | |||
| Other current liabilities | $2.9M | $1.8M | $7.6M | ||
| Total current liabilities | $27.7M | $86.3M | |||
| Accrued interest and accrued liabilities, related party | $73.0K | ||||
| Lease liability | $1.2M | $353.0K | |||
| Other long term liabilities | $715.0K | $494.0K | |||
| Total liabilities | $38.9M | $87.5M | |||
| Common stock; $0.001 par value; 35,000,000 shares authorized; 15,102,930 and 10,712,930 shares issued and outstanding, respectively. | $15.0K | $11.0K | |||
| Additional paid-in capital | $113.6M | -$34.7M | $78.7M | ||
| Accumulated (deficit) | -$124.0M | -$123.9M | |||
| Accumulated other comprehensive (loss) income | -$2.3M | $1.3M | |||
| Total OMNIQ stockholders equity (deficit) | -$12.7M | -$43.9M | -$35.0M | ||
| Total liabilities and equity (deficit) | $26.2M | $43.6M | |||
| Preferred stock, shares outstanding | 0 shares | 0 shares | |||
| Common Stock, Par or Stated Value Per Share | $0.00 | ||||
| Common stock, shares authorized | 35.0M shares | 35.0M shares | 35.0M shares | ||
| Common stock, shares issued | 15.1M shares | ||||
| Common stock, shares outstanding | 15.1M shares | 10.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$137.0K | -$10.0M |
| Stock-based compensation | $82.0K | $362.0K |
| Depreciation and amortization | $1.2M | $1.3M |
| Amortization of ROU asset | $183.0K | $773.0K |
| Accounts receivable | $7.9M | -$2.7M |
| Prepaid expenses | $119.0K | -$94.0K |
| Inventory | $3.5M | -$1.4M |
| Other assets | $142.0K | $879.0K |
| Accounts payable and accrued liabilities | -$2.8M | $9.5M |
| Accrued interest and accrued liabilities, related party | -$73.0K | |
| Accrued payroll and sales taxes payable | -$1.4M | $1.4M |
| Lease liability | -$200.0K | -$827.0K |
| Deferred tax assets, net | $450.0K | -$1.4M |
| Other liabilities | -$1.4M | $4.7M |
| Net cash provided by (used in) operating activities | $7.5M | $2.4M |
| Purchase of property and equipment | $26.0K | -$42.0K |
| Payment for acquisition | -$690.0K | |
| Cash paid for divestiture | -$2.4M | |
| Proceeds from sale of property and equipment | $10.0K | |
| Net cash provided by (used in) investing activities | -$3.1M | -$32.0K |
| Proceeds from ESPP stock issuance | $12.0K | |
| Net proceeds from issuance of common stock | $941.0K | |
| Payments on notes/loans payable | -$3.4M | -$3.2M |
| Proceeds from draw on line of credit | $685.0K | $292.0K |
| Net cash (used in) provided by financing activities | -$1.7M | -$2.9M |
| Net change in cash and cash equivalents | $2.7M | -$535.0K |
| Effect of foreign exchange rates on cash and cash equivalents | -$4.4M | $1.2M |
| Declared dividends payable | $7.0K | $23.0K |
| Debt conversion | $62.0K | |
| Right of use asset acquired in exchange for lease liability | $1.1M | |
| New lease entered | $1.6M | |
| Cash paid for interest | $2.0M | $3.5M |
No quarter-by-quarter statement was filed.
Corporate structure
OMNIQ Corp. sits at the top of its group. 6 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
- OMNIQ Corp. Murray, Utah
- Dangot Computers, Ltd Subsidiary · Israel
- HTS Image Ltd. Subsidiary · Israel
- HTS Image Processing, Inc. Subsidiary · Delaware, United States
- OmniQ Technologies Ltd Subsidiary · Israel
- OmniQ Vision Inc. Subsidiary · Delaware, United States
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What OMNIQ Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $1.4M5 Dec 31, 2025 | $1.4M5 Dec 31, 2024 | +3.5% |
| Property and equipment, net | $528.0K5 Dec 31, 2025 | $721.0K5 Dec 31, 2024 | −26.8% |
| Operating-lease assets (leased space) | $1.7M5 Dec 31, 2025 | $1.1M5 Dec 31, 2024 | +53.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $679.0K5 Dec 31, 2025 | $2.3M5 Dec 31, 2024 | −71.1% |
| Deposits held (banks) | $266.0K10 Dec 31, 2024 |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $3.3M5 Dec 31, 2025 | $2.9M5 Dec 31, 2024 | +14.3% |
| Intangible assets, net (excluding goodwill) | $4.2M5 Dec 31, 2025 | $4.7M5 Dec 31, 2024 | −9.9% |
| Accumulated amortization | -$20.8M5 Dec 31, 2025 | -$19.2M5 Dec 31, 2024 | −8.4% |
| Finite-lived intangibles, net | $4.2M5 Dec 31, 2025 | $4.7M10 Dec 31, 2024 | −9.9% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $3.4M5 Dec 31, 2025 | $7.4M5 Dec 31, 2024 | −54.0% |
| Raw materials | $283.0K5 Dec 31, 2025 | $287.0K5 Dec 31, 2024 | −1.4% |
| Finished goods | $3.4M5 Dec 31, 2025 | $4.0M5 Dec 31, 2024 | −14.3% |
Properties, in its own words
OMNIQ’s corporate offices are currently located at 692 W. Confluence Ave, Murray, UT 84123. Our executive management, sales, operations, accounting, and administrative functions are located at the corporate offices. The corporate office annual lease expense is $180 thousand. The space is under a seven-year lease and expires June 2032.
We lease office and warehouse space for our satellite sales and technical support staff in Anaheim, California. Signed a new lease March 2023 and annual lease expense is $46 thousand.
The rest of Item 2
Dangot’s corporate offices are currently located at Yad Harutzim 14 Tel-Aviv, Israel. The main corporate office, Yad Harutzim 14, serves as the company’s main building on the 2nd and 3rd floors, used by the management and most of the sales staff, technicians, etc. The corporate office annual lease expense is NIS 720,000. The space is under a 12 month lease which expired December 2025 and currently operates under a month to month lease as no extension has been entered into with the Landlord.
We lease office space (Gamdan- 1st floor) for our finance and service department at Yad Harutzim 14 Tel-Aviv, Israel. The lease provides for monthly payments of NIS 18,840. The lease expired December 2025 and currently operates under a month to month lease as no extension has been entered into with the Landlord.
We lease office and space for our technical support staff at Rival Street, Tel-Aviv, Israel. The lease provides for monthly payments of NIS 13,000 (approximately USD$4,079). The lease expired as December 31, 2025
Item 2 of the 10-K filed Apr 15, 2026.4
Leadership
Who has led OMNIQ Corp., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
Chief financial officer
Chief operating officer
- Chief executive officerShai Lustgarten Apr 27, 2017 to Aug 15, 201714
- Chief executive officerAndrew J. Macmillan Aug 15, 2017 to Aug 15, 201715
- Chief executive officerGilles Gaudreault Apr 19, 2016 to Jun 21, 201616
- Chief executive officerJason F. Griffith Jan 23, 2015 to Jan 23, 201517
- Chief executive officerLawrence Scott Schroeder Jan 30, 2006 to May 1, 200718
- ChairMatthew Schultz Jan 30, 2006 to Jan 30, 200619
- PresidentKurt Thomet Nov 21, 2014 to Nov 21, 201420
- PresidentLawrence Scott Schroeder Jan 30, 2006 to May 1, 200718
- Chief financial officerShai Lustgarten Jul 22, 2026 to now21
- Chief financial officerNeev Nissenson Oct 2, 2020 to May 22, 202322
- Chief financial officerBenjamin Kemper Oct 31, 2017 to Dec 11, 201823
- Chief financial officerJoseph Trombino May 12, 2016 to Apr 28, 201724
- Chief financial officerJason F. Griffith Jan 30, 2006 to Feb 14, 200725
- Chief operating officerMatthew Schultz Jul 11, 2006 to Feb 14, 200726
Board members and other officers (14)
- Board memberGuy Elhanani Mar 18, 2022 to now27
- Board memberItzhak Almog Mar 22, 2022 to Mar 22, 202228
- Board memberMina Ayala Teicher Dec 27, 2022 to Dec 27, 202229
- Board memberShai Lustgarten Apr 27, 2017 to now14
- Board memberAndrew J. Macmillan Aug 15, 2017 to Mar 8, 202330
- Board memberNeev Nissenson Sep 1, 2017 to May 22, 202331
- Board memberYaron Shalem Sep 6, 2017 to Mar 8, 202332
- Board memberGilles Gaudreault Apr 19, 2016 to Jun 21, 201616
- Board memberIan R. McNeil Jul 1, 2015 to Nov 16, 201533
- Board memberRobert F. Shepard Jul 1, 2015 to Nov 16, 201534
- Board memberWilliam Austin Lewis Iv. Nov 13, 2015 to Apr 3, 201735
- Board memberJason F. Griffith Jan 30, 2006 to Jan 23, 201525
- Board memberLawrence Scott Schroeder Jan 30, 2006 to May 1, 200718
- Board memberMatthew Schultz Jul 11, 2006 to Feb 14, 200726
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Dangot Computers, Ltd Israel3
- HTS Image Ltd. Israel3
- HTS Image Processing, Inc. Delaware3
- OmniQ Technologies Ltd Israel3
- OmniQ Vision Inc. Delaware3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Quest Solution, Inc.Aug 14, 2014 to Nov 18, 20192
- AMERIGO ENERGY, INC.Nov 14, 2008 to May 22, 20142
- STRATEGIC GAMING INVESTMENTS, INC.Dec 2, 2005 to Nov 12, 20082
- LEFT RIGHT MARKETING TECHNOLOGY INCOct 6, 2003 to Apr 24, 20062
- LEFT RIGHT MAKETING TECHNOLOGY INCAug 18, 2003 to Oct 1, 20032
- GLOBAL GAMING & TECHNOLOGY INCNov 13, 1995 to May 13, 20032
Timeline
- Sep 29, 20268-K Regulation FD disclosure36
- Sep 15, 20268-K Regulation FD disclosure37
- Aug 18, 20268-K Results of operations38
- Jun 2, 20268-K Regulation FD disclosure39
- May 20, 20268-K Results of operations40
- Apr 16, 20268-K Results of operations41
- Mar 2, 20268-K Regulation FD disclosure42
- Feb 17, 20268-K Regulation FD disclosure43
- Jan 27, 20268-K Regulation FD disclosure44
- Dec 8, 20258-K Entered a material agreement; Unregistered sale of shares45
- Nov 14, 20258-K Results of operations46
- Nov 4, 20258-K Regulation FD disclosure47
- Aug 15, 2017New chief executive Andrew J. Macmillan becomes CEO15
- Apr 27, 2017New chief executive Shai Lustgarten becomes CEO14
- Apr 19, 2016New chief executive Gilles Gaudreault becomes CEO16
- Jan 23, 2015New chief executive Jason F. Griffith becomes CEO17
- Jan 30, 2006New chief executive Lawrence Scott Schroeder becomes CEO18
Calendar
Coming up
- Around Nov 16, 2026Next results, estimated About a quarter after its last report. The company hasn't announced the date.
When it reported results
- Aug 18, 2026Reported quarterly or annual results38
- May 20, 2026Reported quarterly or annual results40
- Apr 16, 2026Reported quarterly or annual results41
- Nov 14, 2025Reported quarterly or annual results46
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
210 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 149 major events, 23 insider forms, 18 other. The latest 20:
- Sep 29, 20268-K EDGAR
- Sep 15, 20268-K EDGAR
- Aug 18, 202610-Q EDGAR
- Aug 18, 20268-K EDGAR
- Aug 17, 2026NT 10-Q EDGAR
- Jul 22, 20264 EDGAR
- Jun 2, 20268-K EDGAR
- May 20, 202610-Q EDGAR
- May 20, 20268-K EDGAR
- May 15, 2026NT 10-Q EDGAR
- Apr 16, 20264 EDGAR
- Apr 16, 20268-K EDGAR
- Apr 15, 202610-K EDGAR
- Apr 1, 2026NT 10-K EDGAR
- Mar 2, 20268-K EDGAR
- Feb 17, 20268-K EDGAR
- Jan 27, 20268-K EDGAR
- Dec 8, 20258-K EDGAR
- Nov 14, 202510-Q EDGAR
- Nov 14, 20258-K EDGAR
The 210 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 0 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 22, 2023 | Nissenson NeevChief Financial Officer | Sale | 3,288 | $5.93 | $19.5K | Form 4 |
| May 18, 2023 | Nissenson NeevChief Financial Officer | Sale | 6,000 | $5.78 | $34.7K | Form 4 |
From Forms 4 filed with the SEC.
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2024 | Chief Executive Officer and Interim CFO | $637 | $69048 | |
| 2023 | Shai Lustgarten | $600 | $74848 | |
| 2023 | Neev Nissenson | $174 | $25348 |
SEC filer profile
How OMNIQ Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGAROMNIQ Corp.1
- CIK0000278165
- Employer ID (EIN)20-34542634
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company4
- Incorporated inDelaware4
- Fiscal year endsDecember 311
- Industry code (SIC)7373 Services-Computer Integrated Systems Design1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address696 W Confluence Ave, Murray, UT 841231
- Phone800-242-72721
- Shares outstanding15,152,930 as of Aug 14, 202612
- Public float$636.3K as of Jun 30, 20254
- AuditorHaynie, Salt Lake City, Utah PCAOB ID 457; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceNov 13, 19951
- Filings778 in all: 8-K (353), 4 (93), 10-Q (74), NT 10-Q (32), 3 (31), 10-K (23), 10QSB (19), 8-K/A (17)1
All 43 form types
UPLOAD (16), NT 10-K (15), 10-Q/A (9), 10KSB (8), PRE 14C (8), 5 (7), DEF 14A (7), DEF 14C (7), S-8 (6), CORRESP (4), EFFECT (4), PRER14C (4), 10-K/A (3), 10QSB/A (3), 424B3 (3), PRE 14A (3), REGDEX (3), 10KSB/A (2), 3/A (2), 424B5 (2), D (2), DEFM14C (2), POS AM (2), S-1 (2), S-1/A (2), 25-NSE (1), 4/A (1), 8-A12B (1), CERT (1), DEFA14A (1), PREM14C (1), S-3 (1), S-4 (1), S-4/A (1), S-8 POS (1)
- Latest filingsAnnual report (10-K) Apr 15, 2026
Quarterly report (10-Q) Aug 18, 2026
Proxy statement (DEF 14A) Sep 4, 2025
Latest 8-K (8-K) Sep 29, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.001 par value | OMQS |
From the cover page of the 10-K filed Apr 15, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
Legal proceedings
The Company was named a defendant in a case involving a former employee who claims he is owed approximately $60 thousand in unpaid commissions. This case was settled in February 2024.
On November 3, 2024 a commercial real estate company filed a lawsuit against Dangot Computers, OmniQ Technologies and some of Dangot’s officers alleging breach of a letter of intent for a lease arrangement. The claims were brought in an Israeli court. The initial claim against Dangot Computers is NIS 21 million approximately US $5.6 million. The Company believes that it has meritorious defenses to such action and intends to vigorously defend itself. At this early stage, it is not possible to fully assess the chances of a lawsuit. The judge has referred the matter to mediation and the company believes that its exposure is significantly lower than the original claim.
In March 2025, the Company was named a defendant in a case involving a consultant who was terminated and who claims he is owed approximately $389,000 in unpaid fees and commissions. The Company believes it has multiple defense and cross claims against the former consultant and is evaluating its response to the lawsuit, but plans to vigorously defend the suit.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGAROMNIQ Corp. filings on SEC EDGAR
- 2SEC EDGAROMNIQ Corp. filings on SEC EDGAR
- 3
- 4
- 5SEC EDGAROMNIQ Corp. 10-K for fiscal 2025
- 6SEC EDGAROMNIQ Corp. 10-K for fiscal 2019
- 7SEC EDGAROMNIQ Corp. 10-K for fiscal 2020
- 8SEC EDGAROMNIQ Corp. 10-K for fiscal 2021
- 9SEC EDGAROMNIQ Corp. 10-K for fiscal 2022
- 10SEC EDGAROMNIQ Corp. 10-K for fiscal 2023
- 11SEC EDGAROMNIQ Corp. 10-Q for fiscal 2026
- 12SEC EDGAROMNIQ Corp. 10-Q for fiscal 2026
- 13SEC EDGAROMNIQ Corp. 10-K for fiscal 2019
- 14
- 15
- 16
- 17
- 18
- 19SEC EDGARMatthew Schultz, Chair
- 20SEC EDGARKurt Thomet, President
- 21
- 22
- 23
- 24
- 25
- 26
- 27SEC EDGARGuy Elhanani, Board member
- 28SEC EDGARItzhak Almog, Board member
- 29SEC EDGARMina Ayala Teicher, Board member
- 30SEC EDGARAndrew J. Macmillan, Board member
- 31SEC EDGARNeev Nissenson, Board member
- 32SEC EDGARYaron Shalem, Board member
- 33SEC EDGARIan R. McNeil, Board member
- 34SEC EDGARRobert F. Shepard, Board member
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- 36SEC EDGARRegulation FD disclosure
- 37SEC EDGARRegulation FD disclosure
- 38SEC EDGARResults of operations
- 39SEC EDGARRegulation FD disclosure
- 40SEC EDGARResults of operations
- 41SEC EDGARResults of operations
- 42SEC EDGARRegulation FD disclosure
- 43SEC EDGARRegulation FD disclosure
- 44SEC EDGARRegulation FD disclosure
- 45
- 46SEC EDGARResults of operations
- 47SEC EDGARRegulation FD disclosure
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