Transportation and Logistics Systems swings to Q2 FY26 net loss of $320,975; operating expenses fall 41.6% to $227,501

• 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.
• 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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Transportation and Logistics Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-039210), on August 19, 2026, and is solely responsible for the information contained therein.