For the quarter ending 2026-03-31, TLSS had -$4,717 decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Gain on debt extinguishment | - | -24,908 | 532,097 | 1,481,742 |
| Depreciation and amortization expense - discontinued operations | - | 0 | 0 | 0 |
| Accrued expenses - related parties | - | 0 | 0 | 106,562 |
| Impairment loss - discontinued operations | - | 0 | 0 | 0 |
| Gain on deconsolidation of subsidiary - discontinued operations | - | 0 | 0 | 0 |
| Accounts receivable | - | 0 | 0 | 0 |
| Security deposit | - | 0 | 0 | 0 |
| Stock-based compensation | - | 0 | 40,000 | 0 |
| Stock-based professional fees | - | 0 | 7,750 | - |
| Allowance for (recovery from) credit losses - discontinued operations | - | 0 | 419 | 0 |
| Net loss | -324,884 | -407,254 | -7,585 | 448,672 |
| Prepaid expenses and other current assets | 2,250 | -2,250 | 2,250 | 240 |
| Accounts payable and accrued expenses | 102,418 | 229,408 | 310,368 | 291,382 |
| Deferred compensation and related benefits | 144,999 | 122,840 | 114,507 | 245,680 |
| Proceeds from notes payable - related parties | - | 0 | 0 | 0 |
| Net cash used in operating activities | -79,717 | -27,848 | -68,888 | -389,686 |
| Proceeds from notes payable - related parties - discontinued operations | - | 0 | 0 | 0 |
| Repayment of notes payable | - | 0 | 0 | 0 |
| Proceeds from notes payable | 75,000 | 0 | 50,000 | 275,000 |
| Net decrease in cash | - | -27,848 | - | - |
| Net cash provided by financing activities | 75,000 | 0 | 50,000 | 275,000 |
| Net (decrease) increase in cash | -4,717 | -27,848 | -18,888 | -114,686 |
| Cash, beginning of period | 15,835 | 43,683 | 177,257 | - |
| Cash, end of period | 11,118 | 15,835 | 43,683 | - |
Transportation & Logistics Systems, Inc. (TLSS)
Transportation & Logistics Systems, Inc. (TLSS)