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Triunity Business Svcs (TYBB) 10-K Filings

TYBB OTC

Here are the 10-K annual reports from Triunity Business Svcs (TYBB) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-K covers the audited annual report, with the full financial statements, so if you follow TYBB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TYBB filings page.

Rhea-AI Summary

Independence Power Holdings, Inc. reports a major transition into an energy‑technology business focused on software-enabled control of large battery energy storage systems at unconventional oil and gas sites, especially in the Permian Basin. The company’s new model is asset‑light, relying on a rural electric cooperative to own a 101‑unit, 241‑megawatt BESS fleet while Independence Power supplies software and asset management services.

The 10‑K highlights that 2025 revenue of $97.2 million came almost entirely from a single GridCore installation project, mostly paid via an $86.6 million secured promissory note, creating collection and collateral risks. Near‑term cash needs are supported by a $4 million related‑party credit line and a March 2026 interest payment of about $1.7 million on the GridCore Note.

The filing stresses that ITXP is an early‑stage, highly speculative company with limited operating history, one active servicing contract, and heavy customer and shareholder concentration. Independence Investors and its affiliate Energizer Systems control about 94.33% of total common stock via 224,000,000 Class B and 26,600,000 of the 41,650,000 Class A shares, reinforcing governance and liquidity risks.

Rhea-AI Summary

TriUnity Business Services Ltd (TYBB) reports limited annual-report details showing its equity and a tax-asset valuation allowance. The company has 75,000,000 authorized shares with a par value of $0.0001. Shares issued and outstanding increased to 5,950,000 as of July 31, 2025 from 3,800,000 as of July 31, 2024, indicating new issuances or reclassifications during the year. Management recorded a $9,808 valuation allowance against deferred tax assets related to expected future tax benefits from net operating loss carryforwards because they believe it is more likely than not those tax benefits will not be realized.