Titan Environmental Solutions Inc. (TESI)
2025-03-31 | 2024-09-30 | 2024-06-30 | ||
|---|---|---|---|---|
| Revenue | 1,750,172 | 3,883,105 | 2,661,183 | |
| Cost of revenues | 1,938,767 | 3,446,900 | 2,102,973 | |
| Gross loss | -188,595 | 436,205 | 558,210 | |
| Intangible asset impairment | - | 5,508,595 | - | |
| Impairment | - | 4,853,142 | - | |
| Stock based compensation | 473,770 | - | - | |
| Salaries and salary related costs | 422,057 | 453,174 | 613,010 | |
| Professional fees | 682,005 | 620,284 | 1,157,117 | |
| General and administrative expenses | 211,998 | 318,470 | 369,636 | |
| Amortization expense | 17,187 | 193,824 | 193,839 | |
| Total operating expenses | 1,807,017 | 11,947,489 | 2,333,602 | |
| Operating loss | -1,995,612 | -11,511,284 | -1,775,392 | |
| Loss on extinguishment of convertible debt and issuance of series b preferred stock | - | -806,920 | - | |
| Gain on sale of customer contracts | - | 370,000 | - | |
| Other income (expense) | -81,347 | 2,547 | 155,235 | |
| Interest expense, net of interest income | 3,414,368 | 1,520,478 | 733,812 | |
| Loss on sale of equipment | -56,917 | -88,148 | - | |
| Loss on troubled debt restructuring | -58,919 | - | - | |
| Gain on settlement of accounts payable | 131,024 | - | - | |
| Gain on refinancing | 140,442 | - | - | |
| Total other income (expense) | -3,340,085 | -2,042,999 | -578,577 | |
| Loss from continuing operations, before provision for income taxes | -5,335,697 | - | - | |
| Net loss from continuing operations | -5,335,697 | - | - | |
| Net loss | -5,335,697 | -13,554,283 | -2,353,969 | |
| Deemed dividend attributable to accretion of series b preferred stock to redemption value | 142,581 | - | - | |
| Deemeddividendsattributabletoaccretionofseriesbpreferredstocktoredemptionvalue | - | 145,473 | 3,958,376 | |
| Net loss attributable to common stockholders | -5,478,278 | -13,699,756 | -6,312,345 | |
| Basic eps | -0.02 | -0.06 | -0.03 | |
| Diluted eps | -0.02 | -0.06 | -0.03 | |
| Basic average shares | 222,946,480 | 222,067,042 | 222,067,042 | |
| Diluted average shares | 222,946,480 | 222,067,042 | 222,067,042 | |