Transportation and Logistics Systems, Inc.
Income Statement
| Line Item | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.9M | $5.1M | $5.6M | $3.4M | $1.7M | $1.4M | $1.3M | $1.2M |
| Cost of Revenue | — | $3.8M | $3.6M | $2.0M | $1.2M | $1.0M | $971.0K | $985.7K |
| Gross Profit | — | $1.3M | $2.0M | $1.4M | $464.2K | $391.0K | $288.3K | $235.9K |
| Gross Margin | — | 25.7% | 35.2% | 41.0% | 27.3% | 27.8% | 22.9% | 19.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $84.4K | $84.9K | $70.9K | $-396.7K | $127.8K | $252.2K | $281.9K | $293.6K |
| Operating Income | $-749.5K | $-995.8K | $-1.1M | $-392.8K | $-1.0M | $-1.0M | $-1.8M | $-1.2M |
| Operating Margin | -15.1% | -19.7% | -19.4% | -11.6% | -59.8% | -71.5% | -143.0% | -97.7% |
| Interest Expense | — | — | $139.2K | — | — | — | $7.9K | — |
| Pretax Income | $-771.0K | $-1.0M | $-1.1M | $-341.6K | $-1.0M | $-709.0K | $-2.0M | $-1.4M |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $-2.7M | $-2.5M | $-1.6M | $-4.3M | $-1.0M | $-709.0K | $-2.0M | $-1.4M |
| Net Margin | -53.9% | -49.0% | -29.4% | -126.8% | -61.4% | -50.5% | -161.8% | -115.7% |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | — | $0.00 | $0.00 | — | $0.00 |
| Shares Outstanding (Basic) | 4.28B | 3.72B | 3.69B | 3.36B | 3.44B | 3.32B | 3.04B | 2.34B |
| Shares Outstanding (Diluted) | 4.28B | 3.72B | 3.69B | 3.36B | 3.44B | 3.32B | 3.04B | 3.73B |
| Dividends Per Share | — | — | — | — | — | — | — | — |