What is Transportation's earnings per share (EPS)?

Transportation (TLSS) reported diluted earnings per share of $0.00 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Transportation Financials

TLSS

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Transportation (TLSS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI TLSS FY2025 2026-05-14

A balance-sheet collapse has turned the company into a legacy-liability shell rather than a cash-generating operator.

Across the last reported periods, total assets shrank from $21.3M to almost nothing while total liabilities climbed to $20.1M. That makes the recent profit figure economically thin: cash was only $16K and the current ratio was 0.0022x, so the balance sheet offers little support for day-to-day operations.

Before the balance sheet hollowed out, operations were not self-funding: operating cash flow was -$2.8M, and financing cash of $2.3M covered most of the shortfall. At the same time, shares outstanding increased from 3.6B to 5.9B, which suggests survival capital came with a materially larger ownership base and a smaller per-share claim on the business.

The earlier income statement already showed a fragile cost structure: a gross margin of 1.6% left almost no room to absorb overhead or fixed obligations. Even after that margin later improved to 32.6%, free cash flow remained -$3.6M, indicating the better accounting mix still did not become durable internally generated cash.

Financial Health Signals

Financial health score pending refresh

We are recalculating Transportation's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

$34K

Transportation reported $34K in net income in fiscal year 2025.

EPS (Diluted)

$0.00

Transportation earned $0.00 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$16K

YoY-91.1%

5Y CAGR-51.3%

Transportation held $16K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

5.89B

YoY+0.0%

5Y CAGR+27.7%

Transportation had 5.89B shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

TLSS Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	$7.7M+40.9%	$5.5M-78.7%	$25.8M
Cost of Revenue	N/A	N/A	N/A	$5.2M-3.5%	$5.4M-76.8%	$23.3M
Gross Profit	N/A	N/A	N/A	$2.5M+2805.2%	$87K-96.6%	$2.5M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$20K-84.6%	$129K-63.4%	$353K+33.3%	$265K-76.2%	$1.1M+36.9%	$814K
Operating Income	N/A	N/A	-$2.5M+41.7%	-$4.2M+34.6%	-$6.4M+21.6%	-$8.2M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	$34K	N/A	N/A	-$8.1M-229.1%	$6.3M+114.6%	-$42.8M
EPS (Diluted)	$0.00	$0.00	$0.00	$0.00	$0.00+100.0%	$-0.08

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1K	N/A	$13K+368.5%	$3K+181.6%	$971	N/A	$6K-78.2%	$27K
Operating Income	N/A	N/A	N/A	N/A	-$332K	N/A	-$412K-73.2%	-$238K
Interest Expense	$2K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	-$8K	N/A	-$498K	N/A	-$609K-6.2%	-$574K
EPS (Diluted)	$0.00	N/A	$0.00	$0.00	$0.00	N/A	$0.00	$0.00

TLSS Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$17K-90.3%	$179K-91.7%	$2.2M-89.9%	$21.3M+123.3%	$9.5M+169.8%	$3.5M
Current Assets	$17K-90.3%	$179K-91.7%	$2.2M-47.9%	$4.1M-38.6%	$6.7M+383.4%	$1.4M
Cash & Equivalents	$16K-91.1%	$177K-18.7%	$218K-85.2%	$1.5M-75.8%	$6.1M+947.4%	$579K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	$2.1M+327.5%	$482K+29.2%	$373K
Goodwill	N/A	N/A	N/A	$2.1M	N/A	N/A
Total Liabilities	$20.1M+66.5%	$12.1M+18.8%	$10.2M-35.7%	$15.8M+1450.4%	$1.0M-94.8%	$19.5M
Current Liabilities	$8.0M-34.1%	$12.1M+18.8%	$10.2M+18.8%	$8.5M+749.5%	$1.0M-94.4%	$18.0M
Long-Term Debt	N/A	N/A	N/A	$5.8M	N/A	N/A
Total Equity	-$20.1M-68.9%	-$11.9M-48.7%	-$8.0M-245.4%	$5.5M-35.4%	$8.5M+153.2%	-$16.0M
Retained Earnings	-$147.2M-0.5%	-$146.5M-2.9%	-$142.3M-11.6%	-$127.5M-7.1%	-$119.0M+2.9%	-$122.6M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$15K-14.2%	$17K-63.5%	$47K-26.4%	$64K-71.3%	$224K+25.4%	$179K-3.0%	$184K-7.1%	$198K
Current Assets	$15K-14.2%	$17K-63.5%	$47K-26.4%	$64K-71.3%	$224K+25.4%	$179K-3.0%	$184K-7.1%	$198K
Cash & Equivalents	$11K-29.8%	$16K-63.8%	$44K-30.2%	$63K-71.6%	$220K+24.2%	$177K-2.1%	$181K-6.7%	$194K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$20.7M+3.0%	$20.1M+1.9%	$19.7M+7.2%	$18.4M+45.0%	$12.7M+5.1%	$12.1M+5.7%	$11.4M+5.7%	$10.8M
Current Liabilities	$8.5M+7.5%	$8.0M-12.8%	$9.1M+1.5%	$9.0M-29.3%	$12.7M+5.1%	$12.1M+5.7%	$11.4M+5.7%	$10.8M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$20.7M-3.0%	-$20.1M-2.1%	-$19.7M-7.3%	-$18.3M-47.1%	-$12.5M-4.8%	-$11.9M-5.8%	-$11.2M-5.9%	-$10.6M
Retained Earnings	-$147.8M-0.4%	-$147.2M-0.5%	-$146.5M-0.2%	-$146.2M+0.5%	-$147.0M-0.4%	-$146.5M-0.4%	-$145.8M-0.5%	-$145.1M

TLSS Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	N/A	-$387K+86.3%	-$2.8M+17.8%	-$3.4M+16.2%	-$4.1M-24.6%	-$3.3M
Capital Expenditures	N/A	N/A	$520K+261.0%	$144K+156.3%	$56K-87.8%	$461K
Free Cash Flow	N/A	N/A	-$3.3M+6.6%	-$3.6M+13.9%	-$4.1M-10.8%	-$3.7M
Investing Cash Flow	N/A	N/A	-$771K+44.3%	-$1.4M+36.4%	-$2.2M-372.5%	-$461K
Financing Cash Flow	N/A	$346K-85.2%	$2.3M+1009.2%	$210K-98.2%	$11.7M+175.3%	$4.3M
Dividends Paid	N/A	$310K-12.6%	$355K-15.0%	$418K-84.2%	$2.7M	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	N/A	-$28K+59.6%	-$69K+66.8%	-$208K-14.0%	-$182K-18.4%	-$154K+5.7%	-$163K-1955.1%	$9K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	$0-100.0%	$50K0.0%	$50K-77.8%	$225K+50.0%	$150K0.0%	$150K	$0
Dividends Paid	N/A	N/A	N/A	$141K+82.7%	$77K	N/A	$77K+0.3%	$76K
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

TLSS Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	32.6%+31.1pp	1.6%-8.3pp	9.8%
Operating Margin	N/A	N/A	N/A	-54.4%+62.9pp	-117.3%-85.5pp	-31.8%
Net Margin	N/A	N/A	N/A	-104.3%-218.1pp	113.8%+279.5pp	-165.7%
Return on Equity	N/A	N/A	N/A	-146.8%-220.3pp	73.5%	N/A
Return on Assets	195.2%	N/A	N/A	-37.9%-103.5pp	65.6%+1276.3pp	-1210.7%
Current Ratio	0.00-0.0	0.01-0.2	0.21-0.3	0.48-6.2	6.71+6.6	0.08
Debt-to-Equity	N/A	N/A	N/A	1.05+0.9	0.12	N/A
FCF Margin	N/A	N/A	N/A	-46.1%+29.3pp	-75.4%-60.9pp	-14.5%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	-16.0%	N/A	-222.1%	N/A	-330.2%-41.2pp	-289.0%
Current Ratio	0.000.0	0.000.0	0.010.0	0.01-0.0	0.020.0	0.010.0	0.020.0	0.02
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$20.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Is Transportation profitable?

Yes, Transportation (TLSS) reported a net income of $34K in fiscal year 2025.

What are Transportation's total assets?

Transportation (TLSS) had $17K in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Transportation have outstanding?

Transportation (TLSS) had 5.89B shares outstanding as of fiscal year 2025.

What is Transportation's current ratio?

Transportation (TLSS) had a current ratio of 0.00 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Transportation's return on assets (ROA)?

Transportation (TLSS) had a return on assets of 195.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Why is Transportation's debt-to-equity ratio negative or not reported?

Transportation (TLSS) has negative shareholder equity of -$20.1M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.