Trutankless, Inc. financial data

Symbol
TKLS on OTC
Industry
Household Appliances
Location
15900 North 78 Th Street, Suite 200, Scottsdale, AZ
State of incorporation
Nevada
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 - Q2 2024 - Aug 20, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 3.08 % -6.95%
Quick Ratio 1.37 % -48.3%
Debt-to-equity -106 % -1.57%
Return On Assets -532 % +52.5%
Operating Margin -40.1K % -615%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 102M shares +162%
Common Stock, Shares, Outstanding 93.3M shares +308%
Entity Public Float 15.1M USD 0%
Common Stock, Value, Issued 93.3K USD +308%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 14.4K USD
Research and Development Expense 763K USD +239%
General and Administrative Expense 644K USD -71.9%
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 -2.3M USD +24%

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 0 USD -100%
Inventory, Net 0 USD -100%
Other Assets, Current 13.7K USD
Assets, Current 477K USD +134%
Operating Lease, Right-of-Use Asset 165K USD +154%
Other Assets, Noncurrent 13.9K USD
Assets 668K USD +142%
Liabilities, Current 6.33M USD +3.01%
Long-term Debt and Lease Obligation 98.4K USD
Operating Lease, Liability, Noncurrent 98.4K USD +285%
Liabilities 6.93M USD -1.23%
Retained Earnings (Accumulated Deficit) -68.2M USD -3.49%
Stockholders' Equity Attributable to Parent -6.26M USD +7.09%
Liabilities and Equity 668K USD +142%

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 93.3M shares +308%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 584 USD -99.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 14M USD +4.93%
Operating Lease, Liability 169K 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 70.9K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 87.7K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 39.7K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 73K 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 61.8M USD +9.01%
Preferred Stock, Shares Outstanding 76K shares 0%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 532K USD +29.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%