2022 Q2 Form 10-Q Financial Statement

#000165495422007364 Filed on May 23, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q1
Revenue $2.208M $1.884M $2.712M
YoY Change -14.37% -30.53% -11.82%
Cost Of Revenue $1.779M $1.023M $2.162M
YoY Change -18.75% -52.67% -6.28%
Gross Profit $429.3K $860.9K $550.7K
YoY Change 10.21% 56.34% -28.43%
Gross Profit Margin 19.44% 45.69% 20.3%
Selling, General & Admin $397.3K $471.6K $674.5K
YoY Change 279.2% -30.08% -47.44%
% of Gross Profit 92.54% 54.78% 122.48%
Research & Development $0.00 $1.750M $0.00
YoY Change
% of Gross Profit 0.0% 203.26% 0.0%
Depreciation & Amortization $310.3K $316.3K $340.0K
YoY Change -11.1% -6.96% -22.75%
% of Gross Profit 72.27% 36.74% 61.74%
Operating Expenses $1.602M $3.539M $2.085M
YoY Change -21.77% 69.71% 20.99%
Operating Profit -$1.173M -$2.678M -$1.534M
YoY Change -29.28% 74.51% 60.86%
Interest Expense $3.105M $1.174M $390.9K
YoY Change 658.7% 200.44% -108.8%
% of Operating Profit
Other Income/Expense, Net $3.362M -$2.895M -$205.6K
YoY Change -1104.0% 1307.87%
Pretax Income -$4.535M -$5.572M -$1.740M
YoY Change 104.9% 220.24% -70.83%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$4.535M -$5.564M -$1.740M
YoY Change 104.9% 219.76% -70.83%
Net Earnings / Revenue -205.36% -295.3% -64.15%
Basic Earnings Per Share
Diluted Earnings Per Share -$4.915K -$6.028K -$1.968K
COMMON SHARES
Basic Shares Outstanding 923.0M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $107.2K $79.84K $174.7K
YoY Change 1.83% -54.29% -26.82%
Cash & Equivalents $107.2K $79.84K $174.7K
Short-Term Investments
Other Short-Term Assets $251.5K $119.2K $82.88K
YoY Change 292.48% 43.77% -9.15%
Inventory
Prepaid Expenses
Receivables $157.9K $193.2K $228.6K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $516.6K $392.2K $486.2K
YoY Change -29.3% -19.33% 7.84%
LONG-TERM ASSETS
Property, Plant & Equipment $1.355M $1.500M $7.219M
YoY Change -33.07% -79.22% -17.8%
Goodwill $104.7K $104.7K
YoY Change -86.37%
Intangibles $3.328M $3.492M
YoY Change -23.41%
Long-Term Investments
YoY Change
Other Assets $48.94K $65.32K $56.07K
YoY Change 26.66% 16.5% -16.62%
Total Long-Term Assets $8.808M $9.454M $12.57M
YoY Change -25.08% -24.8% -16.66%
TOTAL ASSETS
Total Short-Term Assets $516.6K $392.2K $486.2K
Total Long-Term Assets $8.808M $9.454M $12.57M
Total Assets $9.324M $9.847M $13.06M
YoY Change -25.33% -24.6% -15.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.324M $5.165M $8.435M
YoY Change -3.35% -38.77% 22.61%
Accrued Expenses $4.928M $4.331M $3.085M
YoY Change 36.78% 40.37% 50.71%
Deferred Revenue $338.7K $338.7K
YoY Change 0.0%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $11.00M $9.634M $15.73M
YoY Change -30.36% -38.74% 18.15%
Total Short-Term Liabilities $29.43M $26.79M $33.20M
YoY Change -15.0% -19.31% -4.13%
LONG-TERM LIABILITIES
Long-Term Debt $198.0K $218.4K $1.448M
YoY Change -88.7% -84.91% 14.02%
Other Long-Term Liabilities $2.477M $2.717M $3.282M
YoY Change -17.13% -17.21% 29.22%
Total Long-Term Liabilities $2.675M $2.936M $4.730M
YoY Change -43.59% -37.93% 24.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $29.43M $26.79M $33.20M
Total Long-Term Liabilities $2.675M $2.936M $4.730M
Total Liabilities $32.10M $29.72M $38.06M
YoY Change -18.45% -21.91% -0.99%
SHAREHOLDERS EQUITY
Retained Earnings -$55.04M -$50.49M
YoY Change 22.89%
Common Stock $923.0K $923.0K
YoY Change 5.01%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$41.24M -$36.62M -$29.82M
YoY Change
Total Liabilities & Shareholders Equity $9.324M $9.847M $13.06M
YoY Change -25.33% -24.6% -15.95%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$4.535M -$5.564M -$1.740M
YoY Change 104.9% 219.76% -70.83%
Depreciation, Depletion And Amortization $310.3K $316.3K $340.0K
YoY Change -11.1% -6.96% -22.75%
Cash From Operating Activities -$31.02K -$396.3K -$6.529K
YoY Change -89.6% 5970.36% -106.79%
INVESTING ACTIVITIES
Capital Expenditures -$6.260K $10.04K $144.5K
YoY Change -88.47% -93.05% -210.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$6.260K -$10.04K -$144.5K
YoY Change -88.47% -93.05% 10.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 64.65K -$31.85K $306.4K
YoY Change -77.17% -110.4% 274.69%
NET CHANGE
Cash From Operating Activities -31.02K -$396.3K -$6.529K
Cash From Investing Activities -6.260K -$10.04K -$144.5K
Cash From Financing Activities 64.65K -$31.85K $306.4K
Net Change In Cash 27.37K -$438.2K $155.4K
YoY Change -139.45% -382.05% 233.99%
FREE CASH FLOW
Cash From Operating Activities -$31.02K -$396.3K -$6.529K
Capital Expenditures -$6.260K $10.04K $144.5K
Free Cash Flow -$24.76K -$406.4K -$151.0K
YoY Change -89.85% 169.1% -166.39%

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CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-144481 USD
CY2022Q1 tptw Proceeds From Sale Of Series D Preferred Stock Value
ProceedsFromSaleOfSeriesDPreferredStockValue
0 USD
CY2021Q1 tptw Proceeds From Sale Of Series D Preferred Stock Value
ProceedsFromSaleOfSeriesDPreferredStockValue
153744 USD
CY2022Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
447518 USD
CY2021Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
1068674 USD
CY2021Q1 tptw Payment On Convertible Loans Advances And Factoring Agreements
PaymentOnConvertibleLoansAdvancesAndFactoringAgreements
-903978 USD
CY2022Q1 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
22170 USD
CY2021Q1 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 USD
CY2022Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 USD
CY2021Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
12060 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-31852 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
306380 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-438224 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
155370 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
518066 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19309 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
79842 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
174679 USD
CY2022Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
16386 USD
CY2021Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
29325 USD
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2022Q1 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
543500 USD
CY2021Q1 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
0 USD
CY2022Q1 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
11704567 USD
CY2021Q1 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
CY2022Q1 tptw Common Stock Issued In Exchange For Payable And Note
CommonStockIssuedInExchangeForPayableAndNote
0 USD
CY2021Q1 tptw Common Stock Issued In Exchange For Payable And Note
CommonStockIssuedInExchangeForPayableAndNote
424397 USD
CY2022Q1 tptw Tpt Strategic Inc Merger Non Controlling Interest In Intercompany Liabilities Rescinded
TptStrategicIncMergerNonControllingInterestInIntercompanyLiabilitiesRescinded
0 USD
CY2021Q1 tptw Tpt Strategic Inc Merger Non Controlling Interest In Intercompany Liabilities Rescinded
TptStrategicIncMergerNonControllingInterestInIntercompanyLiabilitiesRescinded
-219058 USD
CY2022Q1 tptw Entities Consolidated Into Tptgtabletextblock
EntitiesConsolidatedIntoTptgtabletextblock
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong>Name</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong>Herein referred to as</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong>Acquisition or Incorporation Date</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong>Ownership</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="width:15%;vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT Global Tech, Inc.</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Company or TPTG</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:9%;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">1988</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">100</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">K Telcom and Wireless LLC</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">K Telecom</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2014</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Global Telecom International LLC</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">Global Telecom</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2014</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Copperhead Digital Holdings, Inc.</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">Copperhead Digital or CDH</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2015</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">TruCom, LLC</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">TruCom</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2015</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Nevada Utilities, Inc.</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">Nevada Utilities</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2015</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">CityNet Arizona, LLC</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">CityNet</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2015</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">San Diego Media Inc.</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">SDM</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2016</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Blue Collar Production, Inc.</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">Blue Collar</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2018</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT SpeedConnect, LLC</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT SpeedConnect</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2019</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT Federal, LLC</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT Federal</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2020</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT MedTech, LLC</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT MedTech</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2020</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">InnovaQor, Inc./TPT Strategic, Inc.</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">InnovaQor and TPT Strategic</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2020</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">94</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">QuikLab 1 LLC</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">Quiklab 1</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2020</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">80</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">QuikLAB 2, LLC</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">QuikLAB 2</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2020</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">80</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">QuikLAB 3, LLC</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">QuikLAB 3</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2020</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">The Fitness Container, LLC</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">Air Fitness</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2020</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">75</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT Global Tech Asia Limited</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT Asia</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2020</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">78</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT MedTech UK LTD</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT MedTech UK</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2020</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT Global Defense Systems, Inc.</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT Global Defense</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2021</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT Innovations Technology, Inc.</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT Innovations</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2021</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT Global Caribbean Inc.</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT Caribbean</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2021</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT Media and Entertainment, LLC</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">TPT Media and Entertainment</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2021</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">VuMe Live, LLC</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">VuMe Live</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2021</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Digithrive, LLC</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px">Digithrive</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:right;">2021</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">100</td><td style="vertical-align:bottom;white-space: nowrap;">%</td></tr></tbody></table>
CY2022Q1 us-gaap Reclassifications
Reclassifications
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Certain amounts presented in previously issued financial statements have been reclassified in these financial statements. During 2021, revenue from products of $348,676 was recorded as revenue from services in the statement of operations and has been reclassified to revenue from products to be consistent with the current period presentation.</p>
CY2021 tptw Development Expense Of Recorded In Marketing Expense
DevelopmentExpenseOfRecordedInMarketingExpense
348676 USD
CY2022Q1 us-gaap Revenues
Revenues
1884163 USD
CY2021Q1 us-gaap Revenues
Revenues
2712350 USD
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3430259005 shares
CY2022Q1 tptw Net Loss
NetLoss
5572475 USD
CY2021Q1 tptw Net Loss
NetLoss
1740078 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-396334 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6529 USD
CY2022Q1 tptw Impairment Of Goodwill And Long Lived Assets
ImpairmentOfGoodwillAndLongLivedAssets
4583195 USD
CY2021Q4 tptw Impairment Of Goodwill And Long Lived Assets
ImpairmentOfGoodwillAndLongLivedAssets
450336 USD
CY2022Q1 us-gaap Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
584463 USD
CY2021Q1 us-gaap Increase Decrease In Derivative Assets And Liabilities
IncreaseDecreaseInDerivativeAssetsAndLiabilities
739018 USD
CY2022Q1 tptw Net Cash Provided By Used In Financing Activities1
NetCashProvidedByUsedInFinancingActivities1
31852 USD
CY2021Q1 tptw Net Cash Provided By Used In Financing Activities1
NetCashProvidedByUsedInFinancingActivities1
306380 USD
CY2022Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
447518 USD
CY2022Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
457200 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
22170 USD
CY2021Q1 tptw Proceeds From Sale Of Series D Preferred Stock Shares
ProceedsFromSaleOfSeriesDPreferredStockShares
153744 USD
CY2021Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
1068674 USD
CY2021Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
903978 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10038 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-144481 USD
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1402700 USD
CY2021Q4 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
902781 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2984301 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2974263 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1484530 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1325241 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1499771 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1649022 USD
CY2022Q1 us-gaap Depreciation
Depreciation
152281 USD
CY2021Q1 us-gaap Depreciation
Depreciation
155361 USD
CY2022Q1 tptw Financing Lease
FinancingLease
200000 USD
CY2022Q1 us-gaap Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
940942 USD
CY2021Q4 us-gaap Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
941242 USD
CY2022Q1 us-gaap Convertible Debt
ConvertibleDebt
1986023 USD
CY2021Q4 us-gaap Convertible Debt
ConvertibleDebt
1162606 USD
CY2022Q1 tptw Factoring Agreement
FactoringAgreement
428799 USD
CY2021Q4 tptw Factoring Agreement
FactoringAgreement
723754 USD
CY2022Q1 us-gaap Due To Other Related Parties Current And Noncurrent
DueToOtherRelatedPartiesCurrentAndNoncurrent
3355764 USD
CY2021Q4 us-gaap Due To Other Related Parties Current And Noncurrent
DueToOtherRelatedPartiesCurrentAndNoncurrent
2827602 USD
CY2022Q1 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
3043390 USD
CY2021Q4 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
3043390 USD
CY2022Q1 us-gaap Due To Other Related Parties Noncurrent
DueToOtherRelatedPartiesNoncurrent
2015500 USD
CY2021Q4 us-gaap Due To Other Related Parties Noncurrent
DueToOtherRelatedPartiesNoncurrent
7450000 USD
CY2022Q1 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
721100 USD
CY2020Q2 us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
1000000 USD
CY2022Q1 us-gaap Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
27282 USD
CY2021Q4 us-gaap Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
49452 USD
CY2022Q1 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
5807272 USD
CY2021Q4 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
11445623 USD
CY2022Q1 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
9163036 USD
CY2021Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
14273225 USD
CY2022Q1 us-gaap Loans Payable Current
LoansPayableCurrent
1151316 USD
CY2021Q4 us-gaap Loans Payable Current
LoansPayableCurrent
1446571 USD
CY2022Q1 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
1986023 USD
CY2021Q4 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
1162606 USD
CY2022Q1 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
5086172 USD
CY2021Q4 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
10542842 USD
CY2022Q1 tptw Convertible Notes Payable Related Parties Classified Current
ConvertibleNotesPayableRelatedPartiesClassifiedCurrent
721100 USD
CY2021Q4 tptw Convertible Notes Payable Related Parties Classified Current
ConvertibleNotesPayableRelatedPartiesClassifiedCurrent
902781 USD
CY2022Q1 us-gaap Debt Current
DebtCurrent
8944611 USD
CY2021Q4 us-gaap Debt Current
DebtCurrent
14054800 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
218425 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
218425 USD
CY2022Q1 tptw Line Of Credit Balance
LineOfCreditBalance
40000 USD
CY2022Q1 tptw Adjustable Interest Rate Description
AdjustableInterestRateDescription
Line of Credit which bears interest at adjustable rates, 1 month LIBOR plus 2%, 2.15%
CY2022Q1 tptw Stock Options
StockOptions
8000 shares
CY2017 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
67000 USD
CY2017 tptw Interest Rate Description
InterestRateDescription
bear 6% annual interest (12% default interest rate).
CY2017 us-gaap Common Stock Convertible Conversion Price Decrease
CommonStockConvertibleConversionPriceDecrease
0.25
CY2020Q1 tptw Factoring Agreement Outstanding Balance
FactoringAgreementOutstandingBalance
101244 USD
CY2020Q1 tptw Factoring Agreement Description
FactoringAgreementDescription
the Company pays a discount of 2% per each 30-day period for each advance received against accounts receivable or future billings.
CY2022Q1 tptw Factoring Agreement Outstanding Balance
FactoringAgreementOutstandingBalance
101244 USD
CY2021Q4 tptw Factoring Agreement Outstanding Balance
FactoringAgreementOutstandingBalance
101244 USD
CY2021Q3 tptw Factoring Agreement Description
FactoringAgreementDescription
The balance to be purchased and sold is $299,800 for which the Company received $190,000, net of fees. Under the Lendora Factoring Agreement, the Company is to pay $18,737.5 per week for 16 weeks at an effective interest rate of approximately 36% annually.
CY2021Q3 tptw Lendora Consolidation Agreement Description
LendoraConsolidationAgreementDescription
the Lendora Factoring Agreement and amounted to $1,522,984 for which the Company had outstanding balances totaling $967,496. Payments under this Lendora Consolidation Agreement supersedes all other factoring agreement payments and includes $ 31,728.85 per week, at an effective interest rate of approximately 36% annually, for 48 weeks.
CY2016 tptw Cash Due To Prior Owners Of The Technology Acquired
CashDueToPriorOwnersOfTheTechnologyAcquired
350000 USD
CY2017 us-gaap Debt Instrument Convertible If Converted Value In Excess Of Principal
DebtInstrumentConvertibleIfConvertedValueInExcessOfPrincipal
4000000 USD
CY2017 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
2000000 USD
CY2020Q2 tptw Promissory Note Non Interest Bearing
PromissoryNoteNonInterestBearing
1000000 USD
CY2020Q3 us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
1600000 USD
CY2020Q3 us-gaap Debt Conversion Original Debt Interest Rate Of Debt
DebtConversionOriginalDebtInterestRateOfDebt
0.03 pure
CY2021Q1 us-gaap Notes Payable Current
NotesPayableCurrent
500000 USD
CY2021Q1 us-gaap Debt Conversion Original Debt Interest Rate Of Debt
DebtConversionOriginalDebtInterestRateOfDebt
0.75 pure
CY2022Q1 tptw Promissory Note Description
PromissoryNoteDescription
The $1,600,000 promissory note for the acquisition of Blue Collar and $384,500 of the $500,000 Note Payable for the acquisition of 75% of Air Fitness were exchanged for shares of Series E Preferred Stock as of March 31, 2022.
CY2016 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
250000 USD
CY2016 us-gaap Debt Conversion Original Debt Interest Rate Of Debt
DebtConversionOriginalDebtInterestRateOfDebt
0.12 pure
CY2016 us-gaap Common Stock Convertible Conversion Price Decrease
CommonStockConvertibleConversionPriceDecrease
1.00
CY2021Q4 tptw Sdm Balance
SdmBalance
181981 USD
CY2018 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
537200 USD
CY2018 us-gaap Debt Conversion Original Debt Interest Rate Of Debt
DebtConversionOriginalDebtInterestRateOfDebt
0.06 pure
CY2018 us-gaap Common Stock Convertible Conversion Price Decrease
CommonStockConvertibleConversionPriceDecrease
1.00
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
19400 USD
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2500000000 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
923029038 shares
CY2022Q1 tptw Subscription Payable
SubscriptionPayable
10935 USD
CY2022Q1 tptw Unissued Shares For Tpt Consulting Agreements
UnissuedSharesForTptConsultingAgreements
1000000 shares
CY2022Q1 tptw Shares Receivable Under Terminated Acquisition Agreement
SharesReceivableUnderTerminatedAcquisitionAgreement
-3096181 shares
CY2022Q1 tptw Net Commitment
NetCommitment
-2096181 shares
CY2022Q1 tptw Subscriptions Receivable Shares
SubscriptionsReceivableShares
3096181 shares
CY2022Q1 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
313258 USD
CY2021Q4 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
2294570 USD
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
5164636 USD
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
4788291 USD
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
1467810 USD
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1546889 USD
CY2022Q1 tptw Credit Card Balances Current
CreditCardBalancesCurrent
164669 USD
CY2021Q4 tptw Credit Card Balances Current
CreditCardBalancesCurrent
169035 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
211668 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
211668 USD
CY2022Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
633357 USD
CY2021Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
642640 USD
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
7955398 USD
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
9653093 USD
CY2022Q1 us-gaap Due To Other Related Parties Classified Current
DueToOtherRelatedPartiesClassifiedCurrent
695880 USD
CY2021Q4 us-gaap Due To Other Related Parties Classified Current
DueToOtherRelatedPartiesClassifiedCurrent
924612 USD
CY2022Q1 tptw Weighted Average Discount Rate
WeightedAverageDiscountRate
0.100 pure
CY2022Q1 tptw Operating Lease Liability Other
OperatingLeaseLiabilityOther
4292534 USD
CY2021Q4 tptw Operating Lease Liability Other
OperatingLeaseLiabilityOther
4259758 USD
CY2022Q1 tptw Cash Paid
CashPaid
162620 USD
CY2022Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
160748 USD
CY2022Q1 tptw Lease Term Descriptions
LeaseTermDescriptions
The operating lease agreement start October 1, 2020 and goes for three years at $9,798 per month.
CY2022Q1 tptw Operating Agreement To Lease
OperatingAgreementToLease
P5Y
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
74392 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
7812485 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
764466 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
7048019 USD
CY2021Q2 tptw Operating Agreemen
OperatingAgreemen
7140 USD
CY2021Q2 tptw Operating Agreement To Lease
OperatingAgreementToLease
P3Y
CY2022Q1 tptw Lease First Six Month
LeaseFirstSixMonth
4150 USD
CY2022Q1 tptw Lease Second Year
LeaseSecondYear
8300 USD
CY2022Q1 tptw Lease Second To Third Year
LeaseSecondToThirdYear
8549 USD
CY2022Q1 tptw Lease Third To Fourth Year
LeaseThirdToFourthYear
8805 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4281719 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1425762 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1138867 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
699280 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
192464 USD
CY2022Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
7500 USD
CY2021 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
7500 USD
CY2022Q1 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
689722 USD
CY2022Q1 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
689722 USD
CY2022Q1 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
689722 USD
CY2020Q2 us-gaap Officers Compensation
OfficersCompensation
250000 USD
CY2022Q1 tptw Total Payroll Payments
TotalPayrollPayments
150000 USD
CY2022Q1 tptw Promissory Note Principal Amount
PromissoryNotePrincipalAmount
600000 USD
CY2021Q4 tptw Allowance Payment
AllowancePayment
763231 USD
CY2021Q4 tptw Rights Of Exercise Warrant
RightsOfExerciseWarrant
15000000 shares
CY2021Q4 tptw Purchase Of Common Shares
PurchaseOfCommonShares
15000000 shares
CY2021Q4 tptw Sale Of Common Stock Shares
SaleOfCommonStockShares
2000000 shares
CY2021Q4 tptw Gain On Debt Extinguishment
GainOnDebtExtinguishment
7068339 USD
CY2022Q1 tptw Costs And Attorney Fees
CostsAndAttorneyFees
386030 USD
CY2022Q1 tptw Payables
payables
600000 USD
CY2022Q1 tptw Amount In Controversy Being Claimed
AmountInControversyBeingClaimed
3500000 USD
CY2022Q1 tptw Accounts Payable
AccountsPayable
1350000 USD
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
338725 USD
CY2022Q1 tptw Convertible Debt Preferred Stock Options And Warrants Outstanding To Be Converted
ConvertibleDebtPreferredStockOptionsAndWarrantsOutstandingToBeConverted
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:left;">Convertible Promissory Notes</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">591,746,109</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Series A Preferred Stock (1)</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,349,817,129</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Series B Preferred Stock</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">2,588,693</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Series D Preferred Stock (2)</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">34,401,917</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Series E Preferred Stock (3)</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,322,588,496</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Stock Options and Warrants</p></td><td style="BORDER-BOTTOM: #000000 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: #000000 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: #000000 1px solid;width:9%;vertical-align:bottom;text-align:right;">129,116,666</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: black 3px double;width:9%;vertical-align:bottom;text-align:right;">3,430,259,005</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3430259005 shares
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1023214 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3656241 USD
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-5572475 USD
CY2022Q1 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
313258 USD
CY2021Q4 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
2294570 USD
CY2022Q1 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
23132 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6381838 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2889654 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3492184 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6381838 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2725597 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
498022 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
662079 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
662079 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
662079 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
662079 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
345846 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3492184 USD
CY2022Q1 us-gaap Revenues
Revenues
1884163 USD
CY2022Q1 us-gaap Assets
Assets
9846692 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
316338 USD
CY2022Q1 tptw Derivative Expenses
DerivativeExpenses
257024 USD
CY2022Q1 us-gaap Interest Expense
InterestExpense
1174345 USD
CY2021Q1 us-gaap Revenues
Revenues
2712350 USD
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2161654 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
-1740078 USD
CY2021Q1 us-gaap Assets
Assets
13058410 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
340016 USD
CY2021Q1 tptw Derivative Expenses
DerivativeExpenses
185275 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
390879 USD
CY2022Q1 tptw Financing Arrangements Write Off
FinancingArrangementsWriteOff
1255387 USD
CY2022Q1 tptw Series E Preferred Shares Issued
SeriesEPreferredSharesIssued
251077 shares
CY2022Q1 tptw Series E Shares Total Financing Arrangements
SeriesESharesTotalFinancingArrangements
1255387 USD

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