Transportation & Logistics Systems, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Transportation & Logistics Systems, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $1.30M | Apr 17, 2018 |
| FY2017 | Dec 31, 2016 | $72.2K | Apr 17, 2018 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $7.74M | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | $5.50M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $25.83M | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $31.36M | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | $13.62M | May 29, 2020 |
| FY2018 | Dec 31, 2017 | $1.30M | Apr 16, 2019 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $1.30M | Apr 17, 2018 |
| FY2017 | Dec 31, 2016 | $72.2K | Apr 17, 2018 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $2.53M | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | $87.0K | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $2.54M | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $2.60M | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | $834.7K | May 29, 2020 |
| FY2018 | Dec 31, 2017 | $308.8K | Apr 16, 2019 |
| FY2017 | Dec 31, 2016 | $21.3K | Apr 17, 2018 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $33.8K | Mar 30, 2026 |
| FY2025 | Dec 31, 2024 | ($3.82M) | Mar 30, 2026 |
| FY2024 | Dec 31, 2023 | ($14.26M) | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | ($8.08M) | Dec 6, 2024 |
| FY2022 | Dec 31, 2021 | $6.25M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($42.78M) | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | ($44.86M) | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | ($14.48M) | May 29, 2020 |
| FY2018 | Dec 31, 2017 | ($744.8K) | Apr 16, 2019 |
| FY2017 | Dec 31, 2016 | $26 | Apr 17, 2018 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($1.41M) | Mar 30, 2026 |
| FY2025 | Dec 31, 2024 | ($1.87M) | Mar 30, 2026 |
| FY2024 | Dec 31, 2023 | ($2.46M) | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | ($4.21M) | Dec 6, 2024 |
| FY2022 | Dec 31, 2021 | ($6.45M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($8.22M) | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | ($20.29M) | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | ($7.07M) | May 29, 2020 |
| FY2018 | Dec 31, 2017 | ($133.0K) | Apr 16, 2019 |
| FY2017 | Dec 31, 2016 | $26 | Apr 17, 2018 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($486.4K) | Mar 30, 2026 |
| FY2025 | Dec 31, 2024 | ($386.7K) | Mar 30, 2026 |
| FY2024 | Dec 31, 2023 | ($2.81M) | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | ($3.42M) | Dec 6, 2024 |
| FY2022 | Dec 31, 2021 | ($4.09M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($3.28M) | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | ($5.66M) | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | ($283.7K) | May 29, 2020 |
| FY2018 | Dec 31, 2017 | ($152.2K) | Apr 16, 2019 |
| FY2017 | Dec 31, 2016 | $3.6K | Apr 17, 2018 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2023 | $519.6K | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | $143.9K | Dec 6, 2024 |
| FY2022 | Dec 31, 2021 | $56.2K | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $460.5K | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $54.7K | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | $481.8K | May 29, 2020 |
| FY2016 | Mar 31, 2015 | $2.8K | Jul 29, 2016 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $17.3K | Mar 30, 2026 |
| FY2025 | Dec 31, 2024 | $178.9K | Mar 30, 2026 |
| FY2024 | Dec 31, 2023 | $2.16M | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | $21.29M | Dec 6, 2024 |
| FY2022 | Dec 31, 2021 | $9.53M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $3.53M | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $4.33M | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | $7.19M | May 29, 2020 |
| FY2018 | Dec 31, 2017 | $361.4K | Apr 16, 2019 |
| FY2017 | Dec 31, 2016 | $14.4K | Apr 17, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $7.95M | Mar 30, 2026 |
| FY2025 | Dec 31, 2024 | $12.07M | Mar 30, 2026 |
| FY2024 | Dec 31, 2023 | $10.16M | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | $15.79M | Dec 6, 2024 |
| FY2022 | Dec 31, 2021 | $1.02M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $19.55M | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $17.21M | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | $14.93M | May 29, 2020 |
| FY2018 | Dec 31, 2017 | $1.14M | Apr 16, 2019 |
| FY2017 | Dec 31, 2016 | $6.2K | Apr 17, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($20.08M) | Mar 30, 2026 |
| FY2025 | Dec 31, 2024 | ($11.89M) | Mar 30, 2026 |
| FY2025 | Dec 31, 2023 | ($8.00M) | Mar 30, 2026 |
| FY2024 | Dec 31, 2022 | $5.50M | Apr 15, 2025 |
| FY2023 | Dec 31, 2021 | $8.52M | Dec 6, 2024 |
| FY2022 | Dec 31, 2020 | ($16.01M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2019 | ($12.89M) | Mar 31, 2022 |
| FY2020 | Dec 31, 2018 | ($7.74M) | Mar 17, 2021 |
| FY2019 | Dec 31, 2017 | ($775.1K) | May 29, 2020 |
| FY2018 | Dec 31, 2016 | $8.1K | Apr 16, 2019 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2022 | $2.11M | Dec 6, 2024 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($147.17M) | Mar 30, 2026 |
| FY2025 | Dec 31, 2024 | ($146.47M) | Mar 30, 2026 |
| FY2024 | Dec 31, 2023 | ($142.33M) | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | ($127.51M) | Dec 6, 2024 |
| FY2022 | Dec 31, 2021 | ($119.02M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($122.62M) | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | ($60.62M) | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | ($15.22M) | May 29, 2020 |
| FY2018 | Dec 31, 2017 | ($744.8K) | Apr 16, 2019 |
| FY2017 | Dec 31, 2016 | $26 | Apr 17, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $15.8K | Mar 30, 2026 |
| FY2025 | Dec 31, 2024 | $177.3K | Mar 30, 2026 |
| FY2024 | Dec 31, 2023 | $218.2K | Apr 15, 2025 |
| FY2022 | Dec 31, 2022 | $1.47M | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | $6.07M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $579.3K | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | $50.0K | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | $296.2K | May 29, 2020 |
| FY2018 | Dec 31, 2017 | $106.6K | Apr 16, 2019 |
| FY2018 | Dec 31, 2016 | $11.7K | Apr 16, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $5.78M | Mar 31, 2023 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Mar 30, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 30, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Dec 6, 2024 |
| FY2022 | Dec 31, 2021 | 0 | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | 0 | Mar 31, 2022 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Mar 30, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 30, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Dec 6, 2024 |
| FY2022 | Dec 31, 2021 | 0 | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | 0 | Mar 31, 2022 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 5.89B | Mar 30, 2026 |
| FY2025 | Dec 31, 2024 | 5.89B | Mar 30, 2026 |
| FY2024 | Dec 31, 2023 | 4.48B | Apr 15, 2025 |
| FY2023 | Dec 31, 2022 | 3.64B | Dec 6, 2024 |
| FY2022 | Dec 31, 2021 | 2.93B | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | 1.73B | Mar 31, 2022 |
| FY2020 | Dec 31, 2019 | 11.83M | Mar 17, 2021 |
| FY2019 | Dec 31, 2018 | 4.22M | May 29, 2020 |
| FY2018 | Dec 31, 2017 | 570,106 | Apr 16, 2019 |
| FY2017 | Dec 31, 2016 | 114.20M | Apr 17, 2018 |