Titan Environmental Solutions Inc. financial data

Symbol
TESI on OTC
Industry
Services-Computer Programming Services
Location
14205 Se 36 Th St.,, Suite 100, Bellevue, WA
State of incorporation
NV
Fiscal year end
December 31
Former names
TRAQIQ, INC. (to 11/16/2023), Thunderclap Entertainment, Inc. (to 7/20/2017)
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 11.7 % +186%
Quick Ratio 1.92 %
Debt-to-equity 1.48K % +182%
Return On Equity 6.74 % -97.1%
Return On Assets -70.3 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 39.5M shares +55.8%
Common Stock, Shares, Outstanding 28.2M shares +86.4%
Entity Public Float 1.22M USD -90.5%
Common Stock, Value, Issued 2.82K USD +86.5%
Weighted Average Number of Shares Outstanding, Basic 222M shares +30.1%
Weighted Average Number of Shares Outstanding, Diluted 222M shares

Income Statement

Label TTM Value / Value Unit Change %
Revenues 935K USD
Revenue from Contract with Customer, Excluding Assessed Tax 9.57M USD +53.7%
Cost of Revenue 9.24M USD +56.5%
General and Administrative Expense 1.2M USD +21.8%
Operating Income (Loss) -5.89M USD +46.3%
Nonoperating Income (Expense) -4.51M USD -3732%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -13.6M USD +88.6%
Net Income (Loss) Attributable to Parent -21.5M USD
Earnings Per Share, Basic -0.1 USD/shares +88.5%
Earnings Per Share, Diluted -0.1 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.43K USD -97.5%
Accounts Receivable, after Allowance for Credit Loss, Current 1.21M USD +83.9%
Inventory, Net 350K USD -0.27%
Assets, Current 1.65M USD +11.6%
Property, Plant and Equipment, Net 12.7M USD +121%
Operating Lease, Right-of-Use Asset 431K USD -72.8%
Intangible Assets, Net (Excluding Goodwill) 550K USD -11.1%
Goodwill 12.4M USD +90.9%
Other Assets, Noncurrent 20.3K USD -87.7%
Assets 18.3K USD
Accounts Payable, Current 2.85K USD
Accrued Liabilities, Current 331K USD +3.68%
Liabilities, Current 18.8M USD +51.5%
Operating Lease, Liability, Noncurrent 269K USD -79.1%
Liabilities 24.7M USD +46.2%
Retained Earnings (Accumulated Deficit) -172M USD -14.9%
Stockholders' Equity Attributable to Parent -4.71M USD -189%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -99.1M USD -3477%
Liabilities and Equity 18.3K USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -822K USD -107%
Net Cash Provided by (Used in) Financing Activities 1.46M USD +208%
Net Cash Provided by (Used in) Investing Activities -735K USD -1368%
Common Stock, Shares Authorized 400M shares 0%
Common Stock, Shares, Issued 28.2M shares +86.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -100K USD -484%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.98K USD -97.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 172K USD +119%
Deferred Tax Assets, Valuation Allowance 5.2M USD +15.6%
Operating Lease, Liability 447K USD -73.4%
Depreciation 891K USD +110%
Payments to Acquire Property, Plant, and Equipment 735K USD +1368%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -114M USD -831%
Lessee, Operating Lease, Liability, to be Paid 500K USD -74.7%
Property, Plant and Equipment, Gross 15.1M USD +108%
Operating Lease, Liability, Current 178K USD -54.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 208K USD -54.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 212K USD -58.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure +12.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 52.9K USD -82.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 80.5K USD -83.4%
Deferred Tax Assets, Operating Loss Carryforwards 26.3M USD +76.5%
Preferred Stock, Shares Authorized 25M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 102K USD
Amortization of Intangible Assets 68.8K USD 0%
Depreciation, Depletion and Amortization 68.8K USD 0%
Share-based Payment Arrangement, Expense 0 USD -100%
Interest Expense 2.86K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares