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Transportation & Logistics Systems, Inc. (TLSS)

For the quarter ending 2025-06-30.

Overview

Net Income
$1,606,626
Unit: Dollar

Unit: Dollar
2025-06-30
2025-03-31
2024-03-31
Revenues- - -
Legal and professional fees226,301 170,960 144,433
Compensation and related benefits160,340 160,340 598,332
General and administrative expenses2,734 971 86,832
Total operating expenses389,375 332,271 829,597
Loss from operations-389,375 -332,271 -829,597
Interest expense, nonoperating- - 48,247
Interest expense-Related Party43,976 - -
Interest expense-Nonrelated Party9,198 - -
Gain of debt extinguishment1,481,742 - -
Total other income (expenses), net1,428,568 -71,690 -48,247
Income (loss) before income taxes1,039,193 -403,961 -877,844
Provision for income taxes- - -
Income (loss) from continuing operations1,039,193 -403,961 -877,844
Loss from discontinued operations, net of tax-92,251 -94,309 -1,187,076
Loss from discontinued operations-92,251 -94,309 -1,187,076
Net income (loss)946,942 -498,270 -2,064,920
Deemed contribution on exchange of equity instruments800,380 - -
Accrued dividends140,696 76,990 79,762
Net income (loss) attributable to common shareholders1,606,626 -575,260 -2,144,682
Basic5,889,437,474 5,889,437,474 4,840,964,086
Diluted5,889,437,474 5,889,437,474 4,840,964,086
Net income (loss) per share - basic- - -
Net income (loss) per share - diluted- - -
Unit: Dollar

Income Statement

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Gain of debtextinguishment$1,481,742 Total other income(expenses), net$1,428,568 Interestexpense-Nonrelated Party$9,198 Interestexpense-Related Party$43,976 Income (loss) beforeincome taxes$1,039,193 Loss from operations-$389,375 Income (loss) fromcontinuing operations$1,039,193 Total operatingexpenses$389,375 Deemed contribution onexchange of equity...$800,380 Net income (loss)$946,942 Loss fromdiscontinued operations-$92,251 General andadministrative expenses$2,734 Compensation and relatedbenefits$160,340 Legal andprofessional fees$226,301 Net income (loss)attributable to common...$1,606,626 Accrued dividends$140,696 Loss fromdiscontinued operations, net...-$92,251