Titan Environmental Solutions Inc

titancares.com

Titan Environmental Solutions Inc (OTCQB: TESI) is a solid waste management company that provides collection, transfer, and disposal services for non-hazardous waste including municipal solid waste, household waste, and construction and demolition debris. Revenue is generated through transactional service fees for waste collection, roll-off container rentals, rubber wheel trailer rentals, and tipping fees at third-party disposal facilities. TESI operates in a fragmented segment of the solid waste industry, targeting smaller acquisition opportunities that larger public companies and private equity-backed competitors typically bypass. As of March 15, 2025, the company had approximately 40 full-time employees. TESI reported a net loss from continuing operations of $10,404,396 for the year ended December 31, 2024, a working capital deficit of $17,160,714 as of December 31, 2024, and its auditors have raised substantial doubt about its ability to continue as a going concern. The company has relied on convertible notes and warrant issuances, raising approximately $3.2 million through those instruments, to fund operations.