Transportation and Logistics Systems, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $7.7M | $5.5M | $25.8M | $31.4M |
| Cost of Revenue | — | — | — | — | $5.2M | $5.4M | $23.3M | $28.8M |
| Gross Profit | — | — | — | — | $2.5M | $87.0K | $2.5M | $2.6M |
| Gross Margin | — | — | — | — | 32.6% | 1.6% | 9.8% | 8.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $20.0K | $129.5K | $353.4K | $265.2K | $1.1M | $814.3K | $2.8M |
| Operating Income | — | $-1.4M | $-1.9M | $-2.5M | $-4.2M | $-6.4M | $-8.2M | $-20.3M |
| Operating Margin | — | — | — | — | -54.4% | -117.3% | -31.8% | -64.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | $441.6K | $-2.1M | $-2.5M | $-4.1M | $6.3M | $-42.8M | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | — | $33.8K | $-3.8M | $-14.3M | $-8.1M | $6.3M | $-42.8M | $-44.9M |
| Net Margin | — | — | — | — | -104.3% | 113.8% | -165.7% | -143.1% |
| EPS (Basic) | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $-0.02 | $-0.96 |
| EPS (Diluted) | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $-0.02 | $-0.96 |
| Shares Outstanding (Basic) | 5.89B | 5.89B | 5.53B | 4.04B | 3.36B | 2.34B | 3.76B | 59.2M |
| Shares Outstanding (Diluted) | 5.89B | 5.89B | 5.53B | 4.04B | 3.36B | 3.73B | 3.76B | 59.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |