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Balance Sheets Overview

Current Ratio
0.33%
Quick Ratio
0.33%
Cash Ratio
0.32%
Debt to Asset Ratio
29967.54%
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
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash
29,082
11,118
15,835
43,683
Prepaid expenses and other current assets
1,500
3,750
1,500
3,750
Total current assets
30,582
14,868
17,335
47,433
Total assets
30,582
14,868
17,335
47,433
Accrued expenses-Nonrelated Party
-
-
666,575
501,742
Notes payable-Nonrelated Party
-
-
0
0
Accrued compensation and related benefits
-
-
0
1,266,286
Notes payable-Related Party
-
-
0
0
Accrued expenses-Related Party
-
-
0
0
Notes payable
175,000
75,000
-
-
Accounts payable
344,847
346,631
335,640
489,547
Accrued expenses
1,226,130
943,798
-
-
Deferred compensation and related benefits
289,998
144,999
-
-
Liabilities of discontinued operations
7,128,698
7,038,957
6,949,215
6,857,471
Total current liabilities
9,164,673
8,549,385
7,951,430
9,115,046
Total liabilities
9,164,673
8,549,385
7,951,430
9,115,046
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
10,606,530
Series j convertible preferred stock, par value 0.001 per share 1,000,000 shares designated 110,424 shares issued and outstanding at june 30, 2026 and december 31, 2025 (12,146,640 redemption value as of june 30, 2026)
12,146,640
12,146,640
-
-
Preferred stock-Series BPreferred Stock
0
0
0
0
Preferred stock-Series DPreferred Stock
0
0
0
0
Preferred stock-Series EPreferred Stock
0
0
0
0
Preferred stock-Series GPreferred Stock
0
0
0
0
Preferred stock-Series HPreferred Stock
32
32
32
32
Common stock, par value 0.001 per share 50,000,000,000 shares authorized 5,889,437,474 shares issued and outstanding at june 30, 2026 and december 31, 2025
5,889,437
5,889,437
5,889,437
5,889,437
Additional paid-in capital
121,194,905
121,194,905
121,194,905
120,934,903
Accumulated deficit
-148,365,105
-147,765,531
-147,165,109
-146,498,515
Total shareholders deficit
-21,280,731
-20,681,157
-20,080,735
-19,674,143
Total liabilities and shareholders deficit
30,582
14,868
17,335
47,433
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash$29,082 (-53.52%↓ Y/Y)Prepaid expenses andother current assets$1,500 (0.00%↑ Y/Y)Total current assets$30,582 (-52.58%↓ Y/Y)Total assets$30,582 (-52.58%↓ Y/Y)Accumulated deficit-$148,365,105 (-1.46%↓ Y/Y)Total liabilities andshareholders deficit$30,582 (-52.58%↓ Y/Y)Total shareholdersdeficit-$21,280,731 (-16.03%↓ Y/Y)Additional paid-in capital$121,194,905 (-0.67%↓ Y/Y)Common stock, par value0.001 per share...$5,889,437 (0.00%↑ Y/Y)Preferred stock-SeriesHPreferred Stock$32 (0.00%↑ Y/Y)Series j convertiblepreferred stock, par value...$12,146,640 Total liabilities$9,164,673 (2.07%↑ Y/Y)Total currentliabilities$9,164,673 (2.07%↑ Y/Y)Liabilities of discontinuedoperations$7,128,698 (5.92%↑ Y/Y)Accrued expenses$1,226,130 Accounts payable$344,847 (-60.01%↓ Y/Y)Deferred compensationand related...$289,998 Notes payable$175,000

Transportation & Logistics Systems, Inc. (TLSS)

Transportation & Logistics Systems, Inc. (TLSS)