For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenues | - | - | - | 0 |
| Compensation and related benefits | 144,999 | 160,340 | 192,006 | 160,340 |
| Legal and professional fees | 87,084 | 127,060 | 190,552 | 226,301 |
| General and administrative expenses | 1,374 | 3,462 | 12,810 | 2,734 |
| Total operating expenses | 233,457 | 290,862 | 395,368 | 389,375 |
| Loss from operations | -233,457 | -290,862 | -395,368 | -389,375 |
| Interest expense-Related Party | - | -25,365* | - | 43,976 |
| Loss on debt extinguishment, net | - | -53,043* | 532,097 | 1,481,742 |
| Interest expense | 1,685 | -2,770* | 14,548 | 9,198 |
| Total other expenses | -1,685 | -24,908 | 517,549 | 1,428,568 |
| Gain before income taxes | -235,142 | -315,770 | 122,181 | 1,039,193 |
| Provision for income taxes | - | - | - | 0 |
| Gain from continuing operations | -235,142 | -315,770 | 122,181 | 1,039,193 |
| Loss from discontinued operations, net of tax | -89,742 | -91,484 | -129,766 | -92,251 |
| Loss from discontinued operations | -89,742 | -91,484 | -129,766 | -92,251 |
| Net gain | -324,884 | -407,254 | -7,585 | 946,942 |
| Deemed contribution on exchange of equity instruments | - | 0 | - | 800,380 |
| Accrued dividends | 275,538 | 259,340 | 253,880 | 140,696 |
| Net income (gain) attributable to common shareholders | -600,422 | -666,594 | -261,465 | 1,606,626 |
| Basic EPS | 0 | -0 | 0 | 0 |
| Diluted EPS | 0 | -0 | 0 | 0 |
| Basic Average Shares | 5,889,437,474 | 5,889,437,474 | 5,889,437,474 | 5,889,437,474 |
| Diluted Average Shares | 5,889,437,474 | 5,889,437,474 | 5,889,437,474 | 5,889,437,474 |
Transportation & Logistics Systems, Inc. (TLSS)
Transportation & Logistics Systems, Inc. (TLSS)