<span item_type="fundamental" item_id="cd6eb0ebdba336cdc5c6cfdff338785a" counter_id="ST/US/ITOX" env="prod"></span><span item_type="announcement" item_id="510994285330242305" env="prod"></span><p>Revenue: As of FY2024, the actual value is USD 2.5 K.</p><p>EPS: As of FY2024, the actual value is USD 0.</p><p>EBIT: As of FY2024, the actual value is USD -679.74 K.</p><p></p><h3>Revenue</h3><ul><li>For the year ended December 31, 2024, IIOT-OXYS, Inc. earned revenues of $2,500, a significant decrease from $114,666 in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1290658/000168316825002978/iiot_i10k-123124.htm"></span></li></ul><h3>Operating Expenses</h3><ul><li>Operating expenses for 2024 were $428,274, including payroll costs of $200,000, amortization of intangible assets of $49,636, legal and professional fees of $147,991, and general and administrative expenses of $30,647.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1290658/000168316825002978/iiot_i10k-123124.htm"></span></li><li>In 2023, operating expenses were higher at $731,420, with professional fees of $172,704, payroll costs of $244,083, amortization of intangible assets of $49,500, bad debts of $214,103, and other general and administrative expenses of $51,029.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1290658/000168316825002978/iiot_i10k-123124.htm"></span></li></ul><h3>Net Loss</h3><ul><li>The company incurred a net loss of $764,655 for the year ended December 31, 2024, compared to a net loss of $1,136,460 in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1290658/000168316825002978/iiot_i10k-123124.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash flows used in operating activities for 2024 were $46,391, primarily attributed to the net loss of $764,655 and changes in operating assets and liabilities.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1290658/000168316825002978/iiot_i10k-123124.htm"></span></li><li>Net cash provided by financing activities for 2024 was $69,340, due to cash received from equity financing of convertible preferred stock, net of cash payment of commissions and legal fees.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1290658/000168316825002978/iiot_i10k-123124.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>The company recorded net other expense of $251,836 in 2024, consisting of a loss of $111,523 due to change in fair market value of derivative liability, gain on a derivative of $16,353 on Series C Convertible Preferred Stock, forgiveness of EIDL loan of $34,228, and interest expense of $190,894.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1290658/000168316825002978/iiot_i10k-123124.htm"></span></li></ul><h3>Outlook</h3><ul><li>IIOT-OXYS, Inc. expects revenue to moderate in 2025 due to limited ability to raise funds for sales and marketing efforts.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1290658/000168316825002978/iiot_i10k-123124.htm"></span></li><li>Management is considering options for both short and long-term strategies, including vetting suitable companies for potential mergers or acquisitions.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1290658/000168316825002978/iiot_i10k-123124.htm"></span></li><li>The company believes its assets have potential continued annual revenue growth, which may be attractive to prospective partners interested in an acquisition or merger.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1290658/000168316825002978/iiot_i10k-123124.htm"></span></li></ul>

IIOT-OXYS, Inc. | 10-K: FY2024 Revenue: USD 2.5 K