$TKLS
Trutankless, Inc.

2023 Q1 Form 10-Q Financial Statement

#000147793223008904 Filed on December 01, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q1
Revenue $585.00 $15.68K
YoY Change -96.27% -90.93%
Cost Of Revenue $0.00 $6.752K
YoY Change -100.0% -95.0%
Gross Profit $585.00 $8.928K
YoY Change -93.45% -76.35%
Gross Profit Margin 100.0% 56.94%
Selling, General & Admin $512.4K $683.00
YoY Change 74924.89% -99.96%
% of Gross Profit 87593.16% 7.65%
Research & Development $56.95K $45.16K
YoY Change 26.11% -67.86%
% of Gross Profit 9735.21% 505.8%
Depreciation & Amortization $102.00 $3.110K
YoY Change -96.72% 12.27%
% of Gross Profit 17.44% 34.83%
Operating Expenses $569.4K $1.236M
YoY Change -53.92% -29.89%
Operating Profit -$568.8K -$1.227M
YoY Change -53.64% -28.87%
Interest Expense $153.3K $172.6K
YoY Change -11.19% -159.07%
% of Operating Profit
Other Income/Expense, Net -$153.3K -$172.6K
YoY Change -11.19% -68.74%
Pretax Income -$722.1K -$1.399M
YoY Change -48.4% -38.54%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$722.1K -$1.426M
YoY Change -49.36% -37.38%
Net Earnings / Revenue -123432.65% -9093.58%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.04 -$0.07
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $650.00 $1.560K
YoY Change -58.33% -96.62%
Cash & Equivalents $653.00 $1.559K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $118.0K $124.2K
Prepaid Expenses
Receivables $7.369K $13.42K
Other Receivables $0.00 $0.00
Total Short-Term Assets $126.0K $139.1K
YoY Change -9.44% -88.09%
LONG-TERM ASSETS
Property, Plant & Equipment $79.38K $13.68K
YoY Change 480.26% -54.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.72K $23.33K
YoY Change -41.18% -97.96%
Total Long-Term Assets $93.10K $37.01K
YoY Change 151.55% -96.85%
TOTAL ASSETS
Total Short-Term Assets $126.0K $139.1K
Total Long-Term Assets $93.10K $37.01K
Total Assets $219.1K $176.2K
YoY Change 24.38% -92.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.353M $1.863M
YoY Change 26.31% 48.46%
Accrued Expenses $139.9K $94.61K
YoY Change 47.84% -62.35%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.131M $2.101M
YoY Change 1.41% 0.15%
Total Short-Term Liabilities $4.624M $4.059M
YoY Change 13.92% 12.61%
LONG-TERM LIABILITIES
Long-Term Debt $1.825M $288.9K
YoY Change 531.62% -51.79%
Other Long-Term Liabilities $44.52K
YoY Change
Total Long-Term Liabilities $1.869M $288.9K
YoY Change 547.03% -52.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.624M $4.059M
Total Long-Term Liabilities $1.869M $288.9K
Total Liabilities $6.493M $4.348M
YoY Change 49.35% 3.3%
SHAREHOLDERS EQUITY
Retained Earnings -$65.35M -$61.41M
YoY Change 6.42%
Common Stock $20.57K $123.1K
YoY Change -83.29% 497.68%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$6.274M -$4.171M
YoY Change
Total Liabilities & Shareholders Equity $219.1K $176.2K
YoY Change 24.38% -92.49%

Cashflow Statement

Concept 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$722.1K -$1.426M
YoY Change -49.36% -37.38%
Depreciation, Depletion And Amortization $102.00 $3.110K
YoY Change -96.72% 12.27%
Cash From Operating Activities -$463.4K -$724.7K
YoY Change -36.06% -16.39%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $380.0K $687.3K
YoY Change -44.72% -12.33%
NET CHANGE
Cash From Operating Activities -$463.4K -$724.7K
Cash From Investing Activities $0.00 $0.00
Cash From Financing Activities $380.0K $687.3K
Net Change In Cash -$83.38K -$37.34K
YoY Change 123.33% -64.59%
FREE CASH FLOW
Cash From Operating Activities -$463.4K -$724.7K
Capital Expenditures $0.00 $0.00
Free Cash Flow -$463.4K -$724.7K
YoY Change -36.06% -14.14%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001429393
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Security12g Title
Security12gTitle
Common Stock, $0.001 par value
CY2023Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
79382 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
100125 usd
CY2023Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
30945 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
51223 usd
CY2023Q1 tkls Notes Payable Related Party Noncurrent
NotesPayableRelatedPartyNoncurrent
125500 usd
CY2022Q4 tkls Notes Payable Related Party Noncurrent
NotesPayableRelatedPartyNoncurrent
125500 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20573450 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20367477 shares
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
9990000 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
0.02
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
000-54219
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
TRUTANKLESS, INC.
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
26-2137574
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
15900 North 78th Street
CY2023Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 200
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Scottsdale
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
AZ
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
85260
CY2023Q1 dei City Area Code
CityAreaCode
480
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
275-7572
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
38773230 shares
CY2023Q1 tkls Accounts Payable Related Party Current
AccountsPayableRelatedPartyCurrent
23500 usd
CY2022Q4 tkls Accounts Payable Related Party Current
AccountsPayableRelatedPartyCurrent
164300 usd
CY2023Q1 tkls Accrued Interest Payable Related Party
AccruedInterestPayableRelatedParty
108923 usd
CY2022Q4 tkls Accrued Interest Payable Related Party
AccruedInterestPayableRelatedParty
93069 usd
CY2023Q1 tkls Notes Payable Related Party Classified Current
NotesPayableRelatedPartyClassifiedCurrent
121450 usd
CY2022Q4 tkls Notes Payable Related Party Classified Current
NotesPayableRelatedPartyClassifiedCurrent
121450 usd
CY2023Q1 us-gaap Long Term Loans Payable
LongTermLoansPayable
70460 usd
CY2022Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
70460 usd
CY2023Q1 tkls Convertible Notes Payable Related Party Non Current
ConvertibleNotesPayableRelatedPartyNonCurrent
1628930 usd
CY2022Q4 tkls Convertible Notes Payable Related Party Non Current
ConvertibleNotesPayableRelatedPartyNonCurrent
1628930 usd
CY2023Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1869410 usd
CY2022Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1869410 usd
CY2023Q1 us-gaap Liabilities
Liabilities
6493308 usd
CY2022Q4 us-gaap Liabilities
Liabilities
5875338 usd
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
9990000 shares
CY2023Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20573450 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20367477 shares
CY2023Q1 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
4793596 usd
CY2022Q4 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
4793611 usd
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
0 usd
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
6752 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
585 usd
CY2022Q1 us-gaap Gross Profit
GrossProfit
8928 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
487624 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1150632 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
56951 usd
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
45158 usd
CY2023Q1 us-gaap Professional Fees
ProfessionalFees
24795 usd
CY2022Q1 us-gaap Professional Fees
ProfessionalFees
39912 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
569370 usd
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
1235702 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-568785 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1226774 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
153296 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
172610 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-153296 usd
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-172610 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-722081 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1399384 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-722081 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-1399384 usd
CY2023Q1 tkls Net Loss From Discontinued Operations Before Tax Provision
NetLossFromDiscontinuedOperationsBeforeTaxProvision
0 usd
CY2022Q1 tkls Net Loss From Discontinued Operations Before Tax Provision
NetLossFromDiscontinuedOperationsBeforeTaxProvision
-26489 usd
CY2023Q1 us-gaap Discontinued Operation Tax Expense Benefit From Provision For Gain Loss On Disposal
DiscontinuedOperationTaxExpenseBenefitFromProvisionForGainLossOnDisposal
0 usd
CY2022Q1 us-gaap Discontinued Operation Tax Expense Benefit From Provision For Gain Loss On Disposal
DiscontinuedOperationTaxExpenseBenefitFromProvisionForGainLossOnDisposal
0 usd
CY2023Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 usd
CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-26489 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-722081 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-1425873 usd
CY2023Q1 tkls Income Loss From Continuing Operations Per Basic And Diluted Shares
IncomeLossFromContinuingOperationsPerBasicAndDilutedShares
-0.04
CY2022Q1 tkls Income Loss From Continuing Operations Per Basic And Diluted Shares
IncomeLossFromContinuingOperationsPerBasicAndDilutedShares
-0.11
CY2023Q1 tkls Net Loss Per Common Share From Discontinued Operations Basic And Diluted
NetLossPerCommonShareFromDiscontinuedOperationsBasicAndDiluted
0
CY2022Q1 tkls Net Loss Per Common Share From Discontinued Operations Basic And Diluted
NetLossPerCommonShareFromDiscontinuedOperationsBasicAndDiluted
-0.00
CY2023Q1 tkls Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
-0.04
CY2022Q1 tkls Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
-0.11
CY2023Q1 tkls Weighted Average Number Of Common Shares Outstanding Basic And Diluted
WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
20339391 shares
CY2022Q1 tkls Weighted Average Number Of Common Shares Outstanding Basic And Diluted
WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
12578271 shares
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-5552156 usd
CY2023Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
35 usd
CY2023Q1 tkls Shares Issued For Debt Restructuring Amount
SharesIssuedForDebtRestructuringAmount
0 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-722081 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-6274202 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-3893797 usd
CY2022Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
613990 usd
CY2022Q1 tkls Shares Issued For Debt Discount Amount
SharesIssuedForDebtDiscountAmount
123147 usd
CY2022Q1 tkls Spin Off Of Notation Labs
SpinOffOfNotationLabs
391441 usd
CY2022Q1 tkls Rounding Shares Cancellation Amount
RoundingSharesCancellationAmount
0 usd
CY2022Q1 tkls Imputed Interest
ImputedInterest
19595 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-1425873 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-4171497 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-722081 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-1399384 usd
CY2023Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 usd
CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-26489 usd
CY2023Q1 tkls Imputed Interests
ImputedInterests
0 usd
CY2022Q1 tkls Imputed Interests
ImputedInterests
19595 usd
CY2023Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
35 usd
CY2022Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
613990 usd
CY2023Q1 us-gaap Depreciation
Depreciation
102 usd
CY2022Q1 us-gaap Depreciation
Depreciation
3110 usd
CY2023Q1 tkls Non Cash Operating Lease Expense
NonCashOperatingLeaseExpense
465 usd
CY2022Q1 tkls Non Cash Operating Lease Expense
NonCashOperatingLeaseExpense
-731 usd
CY2023Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
56829 usd
CY2022Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
63077 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-150 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7995 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
0 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-4744 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
319839 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
17008 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-124946 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
2020 usd
CY2023Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
6526 usd
CY2022Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
6526 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-463381 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-714017 usd
CY2023Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 usd
CY2022Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-10667 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-463381 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-724684 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 usd
CY2023Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
4000 usd
CY2022Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
350000 usd
CY2023Q1 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
65000 usd
CY2022Q1 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
40381 usd
CY2023Q1 tkls Proceeds From Convertible Notes Payable Related Party
ProceedsFromConvertibleNotesPayableRelatedParty
441000 usd
CY2022Q1 tkls Proceeds From Convertible Notes Payable Related Party
ProceedsFromConvertibleNotesPayableRelatedParty
448751 usd
CY2023Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2022Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
123182 usd
CY2023Q1 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 usd
CY2022Q1 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
15000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
380000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
650188 usd
CY2023Q1 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 usd
CY2022Q1 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
37160 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
380000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
687348 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-83381 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-37336 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
84034 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
38895 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
653 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1559 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
9364 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
54281 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2023Q1 tkls Recognition Of Debt Discount
RecognitionOfDebtDiscount
0 usd
CY2022Q1 tkls Recognition Of Debt Discount
RecognitionOfDebtDiscount
123147 usd
CY2010Q2 tkls Stock Acquired Percentage
StockAcquiredPercentage
1 pure
CY2023Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations.</p>
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ significantly from those estimates.</p>
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
117980 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
117980 usd
CY2023Q1 us-gaap Advertising Expense
AdvertisingExpense
4310 usd
CY2022Q1 us-gaap Advertising Expense
AdvertisingExpense
708 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
56951 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
45158 usd
CY2023Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
653 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-65349536 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-722081 usd
CY2023Q1 tkls Net Cash Provided By Used In Continuing Operation
NetCashProvidedByUsedInContinuingOperation
-463381 usd
CY2022Q4 tkls Convertible Notes Payable Related Party Gross
ConvertibleNotesPayableRelatedPartyGross
2128930 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
0 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
0 usd
CY2023Q1 tkls Convertible Notes Payable Related Party
ConvertibleNotesPayableRelatedParty
2569930 usd
CY2022Q4 tkls Convertible Notes Payable Related Party
ConvertibleNotesPayableRelatedParty
2128930 usd
CY2023Q1 tkls Less Current Portion Of Covertible Note
LessCurrentPortionOfCovertibleNote
-500000 usd
CY2022Q4 tkls Less Current Portion Of Covertible Note
LessCurrentPortionOfCovertibleNote
-500000 usd
CY2023Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
117980 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
117980 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
117980 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
117980 usd
CY2023Q1 us-gaap Accounts Receivable Gross
AccountsReceivableGross
186749 usd
CY2022Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
186600 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
179381 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
179381 usd
CY2023Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
7369 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
7219 usd
CY2023Q1 tkls Notes Payable Related Party Net
NotesPayableRelatedPartyNet
246950 usd
CY2022Q4 tkls Notes Payable Related Party Net
NotesPayableRelatedPartyNet
246950 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
0 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
0 usd
CY2023Q1 tkls Note Payable To Related Parties Gross
NotePayableToRelatedPartiesGross
246950 usd
CY2022Q4 tkls Note Payable To Related Parties Gross
NotePayableToRelatedPartiesGross
246950 usd
CY2023Q1 tkls Notes Payable Related Party Classified Current
NotesPayableRelatedPartyClassifiedCurrent
121450 usd
CY2022Q4 tkls Notes Payable Related Party Classified Current
NotesPayableRelatedPartyClassifiedCurrent
121450 usd
CY2023Q1 tkls Notes Payable Related Party Noncurrent
NotesPayableRelatedPartyNoncurrent
125500 usd
CY2022Q4 tkls Notes Payable Related Party Noncurrent
NotesPayableRelatedPartyNoncurrent
125500 usd
CY2023Q1 tkls Convertible Notes Payable Related Party Gross
ConvertibleNotesPayableRelatedPartyGross
2569930 usd
CY2023Q1 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
2069930 usd
CY2022Q4 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
1628930 usd
CY2022Q3 tkls Company Controlled By The Director
CompanyControlledByTheDirector
100000 usd
CY2022Q3 us-gaap Short Term Debt Interest Rate Increase
ShortTermDebtInterestRateIncrease
0.12 pure
CY2023Q1 us-gaap Convertible Debt
ConvertibleDebt
100000 usd
CY2022Q4 us-gaap Convertible Debt
ConvertibleDebt
0 usd
CY2023Q1 tkls Interest Expense Related Parties
InterestExpenseRelatedParties
55626 usd
CY2022Q1 tkls Interest Expense Related Parties
InterestExpenseRelatedParties
0 usd
CY2023Q1 us-gaap Other Notes Payable
OtherNotesPayable
754840 usd
CY2022Q4 us-gaap Other Notes Payable
OtherNotesPayable
754840 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
0 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
0 usd
CY2023Q1 us-gaap Notes Payable
NotesPayable
754840 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
754840 usd
CY2023Q1 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
511840 usd
CY2022Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
684380 usd
CY2023Q1 us-gaap Other Long Term Notes Payable
OtherLongTermNotesPayable
243000 usd
CY2022Q4 us-gaap Other Long Term Notes Payable
OtherLongTermNotesPayable
70460 usd
CY2020Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
160000 usd
CY2020Q2 us-gaap Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
1.00
CY2020Q2 tkls Note Issued With Warrant
NoteIssuedWithWarrant
160000 shares
CY2020Q2 tkls Note Issued With Warrant Value Amount
NoteIssuedWithWarrantValueAmount
119616 usd
CY2020Q2 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
11250 shares
CY2020Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
45900 usd
CY2023Q1 tkls Debt Instrument Amortized Discount
DebtInstrumentAmortizedDiscount
165516 usd
CY2016Q3 us-gaap Notes Issued1
NotesIssued1
100000 usd
CY2016Q3 us-gaap Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
0.12 pure
CY2016Q3 tkls Promissory Note Share Geanted Under Agreement
PromissoryNoteShareGeantedUnderAgreement
25000 shares
CY2016Q3 tkls Amortizations Of Debt Discount Premium
AmortizationsOfDebtDiscountPremium
25000 usd
CY2016Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
50000 shares
CY2016Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
21000 usd
CY2019Q2 tkls Description Of Agreement With Note Holder
DescriptionOfAgreementWithNoteHolder
On February 2, 2018, the Company entered into an agreement with the note holder to split a certain note payable dated July 1, 2015 into two notes in the amount of $150,000 and $50,000, respectively. In addition to splitting the notes the noteholder also agreed to extend the due date of the new $50,000 note to July 1, 2018 and on June 4, 2018, for consideration of 15,000 shares the noteholder further agreed to extend the due date of the new $50,000 note to April 1, 2019. On November 15, 2018, both notes were further extended to January 1, 2020 (see below) for the issuance of 80,000 shares valued $40,800
CY2019Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
21000 usd
CY2021Q3 us-gaap Notes Issued1
NotesIssued1
10000 usd
CY2023Q1 tkls Notes Payable Current Non Current
NotesPayableCurrentNonCurrent
10000 usd
CY2022Q4 tkls Notes Payable Current Non Current
NotesPayableCurrentNonCurrent
10000 usd
CY2021Q2 us-gaap Notes Issued1
NotesIssued1
103000 usd
CY2021Q2 us-gaap Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
0.24 pure
CY2021Q2 tkls Due Date
DueDate
September 12, 2021
CY2021Q3 us-gaap Notes Issued1
NotesIssued1
98000 usd
CY2021Q3 tkls Due Date
DueDate
November 12, 2021
CY2021Q4 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
100000 shares
CY2021Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
125000 usd
CY2021Q4 us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
15643 usd
CY2023Q1 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
1324950 usd
CY2022Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
1385950 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
0 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
56829 usd
CY2023Q1 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
1324950 usd
CY2022Q4 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
1329121 usd
CY2023Q1 us-gaap Convertible Subordinated Debt Current
ConvertibleSubordinatedDebtCurrent
1324950 usd
CY2022Q4 us-gaap Convertible Subordinated Debt Current
ConvertibleSubordinatedDebtCurrent
1329121 usd
CY2023Q1 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
0 usd
CY2022Q4 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
0 usd
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
123147 usd
CY2023Q1 us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
295000 usd
CY2022 us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
355000 usd
CY2023Q1 us-gaap Interest Expense Other
InterestExpenseOther
87470 usd
CY2022 us-gaap Interest Expense Other
InterestExpenseOther
49240 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
64978 usd
CY2023Q1 tkls Class Of Warrant Or Right Outstanding Beginning Balance
ClassOfWarrantOrRightOutstandingBeginningBalance
2510485 shares
CY2023Q1 tkls Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price Begining Balance
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceBeginingBalance
1.85
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2023Q1 tkls Weighted Average Exercise Price Of Shares Expired
WeightedAverageExercisePriceOfSharesExpired
0
CY2023Q1 tkls Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriodWeightedAverageExercisePrice
0
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2023Q1 tkls Class Of Warrant Or Right Outstanding Ending Balance
ClassOfWarrantOrRightOutstandingEndingBalance
2510485 shares
CY2023Q1 tkls Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price Ending Balance
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceEndingBalance
1.85
CY2023Q1 us-gaap Preferred Units Authorized
PreferredUnitsAuthorized
10000000 shares
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q1 tkls Common Stocks Shares Authorized
CommonStocksSharesAuthorized
100000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Capital Units Authorized
CapitalUnitsAuthorized
1010000000 shares
CY2020Q4 us-gaap Preferred Units Authorized
PreferredUnitsAuthorized
1000000000 shares
CY2020Q4 tkls Common Stocks Shares Authorized
CommonStocksSharesAuthorized
10000000 shares
CY2021Q3 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1-for-8
CY2020Q1 tkls Description Of Common Shares Issued
DescriptionOfCommonSharesIssued
the automatic conversion terms into 205,000 common shares and 76,000 warrants have been issued, with the remaining 175,000 shares of common stock still to be issued and recognized as stock payable
CY2022Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
115973 shares
CY2022Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
27 usd
CY2022Q4 us-gaap Debt Instrument Issuance Date1
DebtInstrumentIssuanceDate1
2021-11-12
CY2022Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
90000 shares
CY2022Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
23 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
18000 usd

Files In Submission

Name View Source Status
0001477932-23-008904-index-headers.html Edgar Link pending
0001477932-23-008904-index.html Edgar Link pending
0001477932-23-008904.txt Edgar Link pending
0001477932-23-008904-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tkls-20230331.xsd Edgar Link pending
tkls_10q.htm Edgar Link pending
tkls_10qimg1.jpg Edgar Link pending
tkls_ex311.htm Edgar Link pending
tkls_ex321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
tkls-20230331_lab.xml Edgar Link unprocessable
tkls-20230331_pre.xml Edgar Link unprocessable
tkls-20230331_cal.xml Edgar Link unprocessable
tkls-20230331_def.xml Edgar Link unprocessable
tkls_10q_htm.xml Edgar Link completed