Trutankless, Inc. financial data

Symbol
TKLS on OTC
Industry
Household Appliances
Location
15900 North 78 Th Street, Suite 200, Scottsdale, AZ
State of incorporation
NV
Fiscal year end
December 31
Former names
Bollente Companies Inc. (to 6/6/2018), Alcantara Brands CORP (to 11/16/2010)
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 11.3 % +233%
Quick Ratio 1.37 % -48.3%
Debt-to-equity -115 % -9.88%
Return On Assets -498 % +45.1%
Operating Margin -40.1K % -615%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 102M shares +162%
Common Stock, Shares, Outstanding 113M shares +394%
Entity Public Float 15.1M USD 0%
Common Stock, Value, Issued 113K USD +191%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 191K USD +269%
Research and Development Expense 770K USD +159%
General and Administrative Expense 392K USD -78.2%
Operating Income (Loss) -1.42M USD +65.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.04M USD +55.9%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -4.99M USD -77.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 79.5K USD +282%
Accounts Receivable, after Allowance for Credit Loss, Current 83K USD +1027%
Inventory, Net 84K USD -22%
Other Assets, Current 13.7K USD
Assets, Current 2.52M USD +1198%
Operating Lease, Right-of-Use Asset 148K USD -31%
Other Assets, Noncurrent 13.9K USD +1.64%
Assets 2.7M USD +538%
Liabilities, Current 7.01M USD +1.35%
Long-term Debt and Lease Obligation 77.5K USD
Operating Lease, Liability, Noncurrent 77.5K USD -40.9%
Liabilities 7.73M USD +7.84%
Retained Earnings (Accumulated Deficit) -71.6M USD -7.49%
Stockholders' Equity Attributable to Parent -5.03M USD +25.4%
Liabilities and Equity 2.7M USD +538%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -403K USD +13.1%
Net Cash Provided by (Used in) Financing Activities 382K USD +0.63%
Net Cash Provided by (Used in) Investing Activities 0 USD
Common Stock, Shares Authorized 150M shares -85%
Common Stock, Shares, Issued 113M shares +394%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 34.7K USD -56.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 14M USD +4.93%
Operating Lease, Liability 151K USD
Depreciation 0 USD -100%
Payments to Acquire Property, Plant, and Equipment 0 USD
Lessee, Operating Lease, Liability, to be Paid 108K USD +406%
Operating Lease, Liability, Current 73.9K USD -12.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 87.5K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 21.9K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 64.9K USD
Deferred Tax Assets, Operating Loss Carryforwards 14M USD +4.93%
Preferred Stock, Shares Issued 76K shares 0%
Preferred Stock, Shares Authorized 9.99M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 21.9K USD
Additional Paid in Capital 66.4M USD +15.5%
Preferred Stock, Shares Outstanding 76K shares 0%
Depreciation, Depletion and Amortization 0 USD
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 497K USD +1.89%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%