For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2023-12-31 | ||
|---|---|---|---|---|
| Compensation and related benefits | 673.026 | 1,270.883 | ||
| Gainlossoncontingency | - | 150 | ||
| Legal and professional fees | 714.873 | 983.868 | ||
| General and administrative expenses | 19.977 | 353.39 | ||
| Total operating expenses | 1,407.876 | 2,458.141 | ||
| Loss from operations | -1,407.876 | -2,458.141 | ||
| Gain on sale of subsidiary | - | 9.983 | ||
| Gain on debt extinguishment, net | 1,988.931 | - | ||
| Interest expense, nonoperating | - | 79.035 | ||
| Interest expense-Nonrelated Party | 32.849 | - | ||
| Interest income | - | 0.992 | ||
| Interest expense-Related Party | 106.563 | - | ||
| Total other income (expenses), net | 1,849.519 | -68.06 | ||
| Income (loss) before income taxes | 441.643 | -2,526.201 | ||
| Income (loss) from continuing operations | 441.643 | -2,526.201 | ||
| Loss from discontinued operations, net of tax | -407.81 | -11,738.445 | ||
| Loss from discontinued operations | -407.81 | -11,738.445 | ||
| Net income (loss) | 33.833 | -14,264.646 | ||
| Deemed contribution on exchange of equity instruments | 800.38 | - | ||
| Accrued dividends | 730.906 | 558.553 | ||
| Net income (loss) attributable to common shareholders | 103.307 | -14,823.199 | ||
| Basic EPS | 0 | 0 | ||
| Diluted EPS | 0 | 0 | ||
| Basic Average Shares | 5,889,437,474 | 4,043,831,320 | ||
| Diluted Average Shares | 5,889,437,474 | 4,043,831,320 | ||
Transportation & Logistics Systems, Inc. (TLSS)
Transportation & Logistics Systems, Inc. (TLSS)