For the quarter ending 2026-03-31, TLSS has $14,868 in assets. $8,549,385 in debts. $11,118 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 11,118 | 15,835 | 43,683 | 62,571 |
| Assets of discontinued operations | - | - | - | 419 |
| Prepaid expenses and other current assets | 3,750 | 1,500 | 3,750 | 1,500 |
| Total current assets | 14,868 | 17,335 | 47,433 | 64,490 |
| Total assets | 14,868 | 17,335 | 47,433 | 64,490 |
| Accrued expenses-Nonrelated Party | - | 666,575 | 501,742 | 234,478 |
| Notes payable-Nonrelated Party | - | 0 | 0 | 0 |
| Accrued compensation and related benefits | - | 0 | 1,266,286 | 1,151,779 |
| Notes payable-Related Party | - | 0 | 0 | 0 |
| Accrued expenses-Related Party | - | 0 | 0 | 0 |
| Notes payable | 75,000 | - | - | - |
| Accounts payable | 346,631 | 335,640 | 489,547 | 862,358 |
| Accrued expenses | 943,798 | - | - | - |
| Deferred compensation and related benefits | 144,999 | - | - | - |
| Liabilities of discontinued operations | 7,038,957 | 6,949,215 | 6,857,471 | 6,730,526 |
| Total current liabilities | 8,549,385 | 7,951,430 | 9,115,046 | 8,979,141 |
| Total liabilities | 8,549,385 | 7,951,430 | 9,115,046 | 8,979,141 |
| 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 | 9,425,680 |
| Series j convertible preferred stock, par value 0.001 per share 1,000,000 shares designated 110,424 shares issued and outstanding at march 31, 2026 and december 31, 2025 (12,146,640 redemption value as of march 31, 2026) | 12,146,640 | - | - | - |
| Preferred stock, value-Series BPreferred Stock | 0 | 0 | 0 | 0 |
| Preferred stock, value-Series DPreferred Stock | 0 | 0 | 0 | 0 |
| Preferred stock, value-Series EPreferred Stock | 0 | 0 | 0 | 0 |
| Preferred stock, value-Series GPreferred Stock | 0 | 0 | 0 | 0 |
| Preferred stock, value-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 march 31, 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 | 120,934,903 | 122,007,250 |
| Accumulated deficit | -147,765,531 | -147,165,109 | -146,498,515 | -146,237,050 |
| Total shareholders deficit | -20,681,157 | -20,080,735 | -19,674,143 | -18,340,331 |
| Total liabilities and shareholders deficit | 14,868 | 17,335 | 47,433 | 64,490 |
Transportation & Logistics Systems, Inc. (TLSS)
Transportation & Logistics Systems, Inc. (TLSS)