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 | 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 | |||
Transportation & Logistics Systems, Inc. (TLSS)
Transportation & Logistics Systems, Inc. (TLSS)