Transportation and Logistics Systems posted a net loss of USD 320,975 for the quarter ended June 30, 2026, versus net income of USD 946,942 a year earlier.
Loss from continuing operations widened to USD 231,234 from income of USD 1.04 million, while revenue remained at no revenue.
Operating loss narrowed 41.6% to USD 227,501 on lower legal and professional fees, which fell 63.8% to USD 81,919.
Net loss attributable to common shareholders widened to USD 599,574 from net income of USD 1.61 million.
Strategic shift toward safety and security technology
TLSS outlined a go-forward shift into safety and security technology, targeting Patriot Glass Solutions in a USD 4.75 million Series J preferred-stock deal.