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For the year ending 2025-12-31, TLSS has $17,335 in assets. $7,951,430 in debts. $15,835 in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
0.22%
Quick Ratio
0.22%
Cash Ratio
0.20%
Debt to Asset Ratio
45869.22%
Unit: Dollar
Assets Breakdown
    • Cash
    • Prepaid expenses and other curre...
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in capital
    • Series j convertible preferred s...
    • Others

Balance Sheets
2025-12-31
Cash
15,835
Prepaid expenses and other current assets
1,500
Total current assets
17,335
Total assets
17,335
Notes payable-Nonrelated Party
0
Accrued compensation and related benefits
0
Notes payable-Related Party
0
Accrued expenses-Related Party
0
Accounts payable
335,640
Accrued expenses-Nonrelated Party
666,575
Liabilities of discontinued operations
6,949,215
Total current liabilities
7,951,430
Total liabilities
7,951,430
Series j convertible preferred stock, par value 0.001 per share 1,000,000 shares designated 110,424 and 0 shares issued and outstanding at december 31, 2025 and 2024, respectively (12,146,640 redemption value as of december 31, 2025)
12,146,640
Preferred stock, value-Series BPreferred Stock
0
Preferred stock, value-Series DPreferred Stock
0
Preferred stock, value-Series EPreferred Stock
0
Preferred stock, value-Series GPreferred Stock
0
Preferred stock, value-Series HPreferred Stock
32
Common stock, par value 0.001 per share 50,000,000,000 shares authorized 5,889,437,474 and 5,889,437,474 shares issued and outstanding at december 31, 2025 and 2024, respectively
5,889,437
Additional paid-in capital
121,194,905
Accumulated deficit
-147,165,109
Total shareholders deficit
-20,080,735
Total liabilities and shareholders deficit
17,335
Unit: Dollar.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash$15,835 Prepaid expenses andother current assets$1,500 Total current assets$17,335 Total assets$17,335 Accumulated deficit-$147,165,109 Total liabilities andshareholders deficit$17,335 Total shareholdersdeficit-$20,080,735 Additional paid-in capital$121,194,905 Common stock, par value0.001 per share...$5,889,437 Preferred stock,value-Series HPreferred...$32 Series j convertiblepreferred stock, par value...$12,146,640 Total liabilities$7,951,430 Total currentliabilities$7,951,430 Liabilities of discontinuedoperations$6,949,215 Accruedexpenses-Nonrelated Party$666,575 Accounts payable$335,640

Transportation & Logistics Systems, Inc. (TLSS)

Transportation & Logistics Systems, Inc. (TLSS)