Welcome to our dedicated page for Trutankless SEC filings (Ticker: TKLS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
trutankless is a division of bollente companies (publicly trading as bolc) at trutankless we have transformed the traditional wasteful, bulky, ugly process of providing hot water for your home into a sleek, space saving, energy efficient, smart device that's packed with cutting edge technology. energy conservation and long term savings for you are what drives us and our vision to bring water heating into the next century provides you with endless on-demand hot water for your entire home!Trutankless, Inc. (TKLS) reported third-quarter and nine‑month 2025 results showing higher sales but continued heavy losses and a strained balance sheet. Net sales were $223,950 for Q3 2025 versus $179,701 a year earlier, and $748,491 for the nine months versus $191,285, driven by increased sales of new Gen 3 residential products.
Despite this growth, the company remained unprofitable. Q3 2025 net loss was $918,110 compared with $3,420,112, and the nine‑month net loss was $3,758,712 versus $4,908,865. Operating expenses for the nine months were $3,212,834, including $2,312,850 in professional fees and $709,056 in general and administrative costs.
Liquidity is tight: cash was $32,622 at September 30, 2025, with net cash used in operating activities of $2,396,845. Total liabilities were $12,668,576 against total assets of $3,343,211, resulting in a stockholders’ deficit of $9,325,365. Management discloses substantial doubt about the company’s ability to continue as a going concern and plans to rely on additional capital and increased sales. Common shares outstanding were 132,108,178 as of September 30, 2025.
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