2024 Q2 Form 10-K Financial Statement

#000149315224014975 Filed on April 17, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2023 Q4 2023
Revenue $20.01K $23.83K $98.99K
YoY Change -23.96% 177.74% -52.12%
Cost Of Revenue $6.727K $10.55K $36.77K
YoY Change -37.12% -77.07% -53.71%
Gross Profit $13.28K $13.28K $62.22K
YoY Change -14.93% -135.49% -51.13%
Gross Profit Margin 66.37% 55.73% 62.85%
Selling, General & Admin $399.8K $419.6K $1.488M
YoY Change 14.35% -8.23% -15.75%
% of Gross Profit 3010.62% 3159.26% 2391.59%
Research & Development $17.57K $150.5K $560.7K
YoY Change -91.57% -42.99% -61.1%
% of Gross Profit 132.32% 1133.36% 901.08%
Depreciation & Amortization $76.92K $81.78K $311.8K
YoY Change 0.0% 63.69% 2748.35%
% of Gross Profit 579.3% 615.81% 501.09%
Operating Expenses $417.3K $570.1K $2.049M
YoY Change -25.23% -20.96% -36.12%
Operating Profit -$404.0K -$556.8K -$1.986M
YoY Change -25.52% -26.61% -35.5%
Interest Expense -$59.52K -$5.080K -$404.1K
YoY Change -148.68% -92.78% -162.55%
% of Operating Profit
Other Income/Expense, Net -$59.52K $0.00
YoY Change 198.34% -100.0%
Pretax Income -$463.6K -$479.3K -$2.222M
YoY Change -17.58% -49.0% -39.56%
Income Tax $800.00 $1.450K $2.250K
% Of Pretax Income
Net Earnings -$390.0K -$427.5K -$2.170M
YoY Change -30.65% -54.51% -41.0%
Net Earnings / Revenue -1949.74% -1793.92% -2191.95%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 4.230B shares 3.736B shares 3.169B shares
Diluted Shares Outstanding 4.512B shares 3.169B shares

Balance Sheet

Concept 2024 Q2 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.320K $27.82K $27.82K
YoY Change -93.24% 54.21% 54.21%
Cash & Equivalents $8.318K $27.82K $27.82K
Short-Term Investments
Other Short-Term Assets $2.554M $16.32K $16.32K
YoY Change 4923.95% -92.69% -92.69%
Inventory $17.81K $22.57K $22.57K
Prepaid Expenses $15.08K $11.04K
Receivables $17.29K $19.20K $19.20K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $736.3K $85.91K $85.91K
YoY Change 230.34% -72.22% -72.22%
LONG-TERM ASSETS
Property, Plant & Equipment $368.9K $499.9K $499.9K
YoY Change 37.84% 83.06% 77.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.558M $4.120K $4.120K
YoY Change -10.52% -99.86% -64.67%
Total Long-Term Assets $3.039M $3.206M $3.206M
YoY Change -6.91% -2.74% -2.74%
TOTAL ASSETS
Total Short-Term Assets $736.3K $85.91K $85.91K
Total Long-Term Assets $3.039M $3.206M $3.206M
Total Assets $3.775M $3.292M $3.292M
YoY Change 8.25% -8.7% -8.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $376.9K $404.9K $404.9K
YoY Change 3.95% 0.72% -1.06%
Accrued Expenses $553.7K $556.6K $556.6K
YoY Change -2.84% 4.67% 3.01%
Deferred Revenue
YoY Change
Short-Term Debt $841.8K $752.4K $752.4K
YoY Change 13.23% -28.61% -28.61%
Long-Term Debt Due $4.640K $4.640K $4.640K
YoY Change 0.0% 0.0% 0.0%
Total Short-Term Liabilities $1.850M $1.900M $1.900M
YoY Change -1.31% -14.05% -14.06%
LONG-TERM LIABILITIES
Long-Term Debt $3.220K $5.510K $5.510K
YoY Change -60.15% -47.57% -47.57%
Other Long-Term Liabilities $85.93K $105.0K $105.0K
YoY Change -24.32%
Total Long-Term Liabilities $89.15K $110.5K $110.5K
YoY Change -26.7% 951.76% 951.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.850M $1.900M $1.900M
Total Long-Term Liabilities $89.15K $110.5K $110.5K
Total Liabilities $1.939M $2.167M $2.167M
YoY Change -2.85% -2.43% -2.43%
SHAREHOLDERS EQUITY
Retained Earnings -$21.30M -$20.33M
YoY Change 13.23% 15.02%
Common Stock $4.659M $3.803M
YoY Change 48.66% 45.28%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.314M $1.125M $1.125M
YoY Change
Total Liabilities & Shareholders Equity $3.775M $3.292M $3.292M
YoY Change 8.25% -8.7% -8.7%

Cashflow Statement

Concept 2024 Q2 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$390.0K -$427.5K -$2.170M
YoY Change -30.65% -54.51% -41.0%
Depreciation, Depletion And Amortization $76.92K $81.78K $311.8K
YoY Change 0.0% 63.69% 2748.35%
Cash From Operating Activities -$143.4K -$205.3K -$1.055M
YoY Change -57.46% -43.77% 3.63%
INVESTING ACTIVITIES
Capital Expenditures -$3.840K $16.16K
YoY Change -98.08%
Acquisitions
YoY Change
Other Investing Activities -$7.840K -$7.840K
YoY Change
Cash From Investing Activities -$4.000K -$24.00K
YoY Change -102.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $790.4K
YoY Change 77.62%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 98.26K 147.7K 1.078M
YoY Change -77.33% 66.19% 14.27%
NET CHANGE
Cash From Operating Activities -143.4K -205.3K -1.055M
Cash From Investing Activities -4.000K -24.00K
Cash From Financing Activities 98.26K 147.7K 1.078M
Net Change In Cash -45.15K -61.61K -1.610K
YoY Change -148.26% -19.15% -97.86%
FREE CASH FLOW
Cash From Operating Activities -$143.4K -$205.3K -$1.055M
Capital Expenditures -$3.840K $16.16K
Free Cash Flow -$201.5K -$1.071M
YoY Change 22.05% 5.22%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2023Q4 TSOI Shares To Be Issued
SharesToBeIssued
usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
CY2023 us-gaap Other Expenses
OtherExpenses
usd
CY2022 TSOI Stock Issued During Period Value New Issues Preferred Stock
StockIssuedDuringPeriodValueNewIssuesPreferredStock
usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
CY2023 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
usd
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
usd
CY2022 TSOI Payments For Proceeds From Notes Receivable
PaymentsForProceedsFromNotesReceivable
usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
usd
CY2022 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
usd
CY2023 TSOI Common Stock Issued For Prepaid Fees Value
CommonStockIssuedForPrepaidFeesValue
usd
CY2023 TSOI Common Stock Issued For License Value
CommonStockIssuedForLicenseValue
usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
usd
CY2023Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
usd
CY2023 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
usd
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Security12g Title
Security12gTitle
Common Stock, $0.001 par value per share
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
No
CY2023 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
true
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
true
CY2023 dei Document Fin Stmt Restatement Recovery Analysis Flag
DocumentFinStmtRestatementRecoveryAnalysisFlag
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Public Float
EntityPublicFloat
6581483 usd
CY2024Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
4230116869 shares
CY2023 dei Auditor Firm
AuditorFirmId
5525
CY2023 dei Auditor Name
AuditorName
Fruci & Associates II, PLLC
CY2023 dei Auditor Location
AuditorLocation
Spokane, Washington
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27823 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18434 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
11003 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
19196 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
25398 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
22574 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
42428 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
16320 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
212352 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
85913 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
309615 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
374355 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
273078 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
125557 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8612 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2706187 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3014620 usd
CY2023Q4 us-gaap Assets
Assets
3292012 usd
CY2022Q4 us-gaap Assets
Assets
3605925 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
536118 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
531783 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
20525 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8612 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
112384 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
175063 usd
CY2023Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
49616 usd
CY2022Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
65187 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
181070 usd
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
202144 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1899586 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2210237 usd
CY2023Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
5512 usd
CY2022Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
10507 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
105032 usd
CY2023Q4 us-gaap Liabilities
Liabilities
2010130 usd
CY2022Q4 us-gaap Liabilities
Liabilities
2220744 usd
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
2 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
2 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
2 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
2 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
5500000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
3500000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3802666978 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
3802666978 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2617390830 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2617390830 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
3802668 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
2617392 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
17670092 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
16655643 usd
CY2022Q4 TSOI Shares To Be Issued
SharesToBeIssued
126324 usd
CY2023Q4 us-gaap Stockholders Equity Note Subscriptions Receivable
StockholdersEquityNoteSubscriptionsReceivable
21000 usd
CY2022Q4 us-gaap Stockholders Equity Note Subscriptions Receivable
StockholdersEquityNoteSubscriptionsReceivable
21000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-20326465 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-18156651 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1125295 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1221708 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
156587 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
163473 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1281882 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1385181 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3292012 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3605925 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
98994 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
206767 usd
CY2023 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
36768 usd
CY2022 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
79440 usd
CY2023 us-gaap Gross Profit
GrossProfit
62226 usd
CY2022 us-gaap Gross Profit
GrossProfit
127327 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
474960 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
497151 usd
CY2023 us-gaap Labor And Related Expense
LaborAndRelatedExpense
433324 usd
CY2022 us-gaap Labor And Related Expense
LaborAndRelatedExpense
444865 usd
CY2023 us-gaap Professional Fees
ProfessionalFees
148570 usd
CY2022 us-gaap Professional Fees
ProfessionalFees
612658 usd
CY2023 us-gaap Legal Fees
LegalFees
431197 usd
CY2022 us-gaap Legal Fees
LegalFees
399902 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
560654 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1452128 usd
CY2023 us-gaap Operating Expenses
OperatingExpenses
2048705 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
3406704 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-1986479 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-3279377 usd
CY2023 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
36985 usd
CY2022 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-131475 usd
CY2023 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-17836 usd
CY2022 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
291123 usd
CY2023 us-gaap Interest Expense
InterestExpense
423265 usd
CY2022 us-gaap Interest Expense
InterestExpense
646089 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
168145 usd
CY2022 us-gaap Other Expenses
OtherExpenses
110642 usd
CY2023 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-235971 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-597083 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2222450 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3876460 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2250 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1600 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-2224700 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-3878060 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-54886 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-64079 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-2169814 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-3813981 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.00
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.00
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3168900801 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3168900801 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2528062958 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2528062958 shares
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-604340 usd
CY2022 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
691520 usd
CY2022 TSOI Stock Issued During Period Value For Prepaid Fees
StockIssuedDuringPeriodValueForPrepaidFees
242320 usd
CY2022 TSOI Stock Issued During Period Values For Salaries
StockIssuedDuringPeriodValuesForSalaries
67399 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
445000 usd
CY2022 TSOI Stock Issued During Period Value For License
StockIssuedDuringPeriodValueForLicense
3107570 usd
CY2022 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
1313772 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-3878060 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1385181 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1385181 usd
CY2023 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
176911 usd
CY2023 TSOI Stock Issued During Period Values For Salaries
StockIssuedDuringPeriodValuesForSalaries
110000 usd
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
790432 usd
CY2023 TSOI Adjustments To Additional Paid In Capital Subsidiary For Services
AdjustmentsToAdditionalPaidInCapitalSubsidiaryForServices
101841 usd
CY2023 TSOI Stock Issued During Period Common Stock Issued For Land Development
StockIssuedDuringPeriodCommonStockIssuedForLandDevelopment
96000 usd
CY2023 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
846217 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-2224700 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1281882 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1281882 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-2224700 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-3878060 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
101841 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
380820 usd
CY2023 TSOI Share Based Compensation To Related Parties
ShareBasedCompensationToRelatedParties
176911 usd
CY2022 TSOI Share Based Compensation To Related Parties
ShareBasedCompensationToRelatedParties
310700 usd
CY2023 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
36985 usd
CY2022 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-131475 usd
CY2023 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-17836 usd
CY2022 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
291123 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
168145 usd
CY2023 TSOI Amortization Of Prepaid Stock Based Compensation
AmortizationOfPrepaidStockBasedCompensation
116793 usd
CY2022 TSOI Amortization Of Prepaid Stock Based Compensation
AmortizationOfPrepaidStockBasedCompensation
951748 usd
CY2023 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
384744 usd
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
593463 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300897 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
233685 usd
CY2023 us-gaap Depreciation
Depreciation
10881 usd
CY2022 us-gaap Depreciation
Depreciation
10946 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6202 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8785 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-19854 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2611 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-94618 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-354989 usd
CY2023 TSOI Increase Decrease In Right Of Use Asset
IncreaseDecreaseInRightOfUseAsset
29299 usd
CY2022 TSOI Increase Decrease In Right Of Use Asset
IncreaseDecreaseInRightOfUseAsset
25572 usd
CY2023 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-1738 usd
CY2022 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
15166 usd
CY2023 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-2587 usd
CY2022 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-9791 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
148288 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
169451 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-29299 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-25572 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1055290 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1037927 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16158 usd
CY2023 TSOI Payments For Proceeds From Notes Receivable
PaymentsForProceedsFromNotesReceivable
7842 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-24000 usd
CY2023 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
21 usd
CY2022 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
2453 usd
CY2023 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
6510 usd
CY2023 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
285750 usd
CY2022 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
505000 usd
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
4995 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
4459 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
790432 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
445000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1077676 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
943088 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1614 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-94839 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
29437 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
124276 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
27823 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
29437 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
2761 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
3173 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1450 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
800 usd
CY2023 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
37500 usd
CY2022 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
39000 usd
CY2023 TSOI Debt Discount Recorded In Connection With Derivative Liability
DebtDiscountRecordedInConnectionWithDerivativeLiability
284565 usd
CY2022 TSOI Debt Discount Recorded In Connection With Derivative Liability
DebtDiscountRecordedInConnectionWithDerivativeLiability
503726 usd
CY2023 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
846217 usd
CY2022 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
1313772 usd
CY2022 TSOI Common Stock Issued For Prepaid Fees Value
CommonStockIssuedForPrepaidFeesValue
242320 usd
CY2023 TSOI Common Stock Issued For Accrued Salaries Value
CommonStockIssuedForAccruedSalariesValue
110000 usd
CY2022 TSOI Common Stock Issued For Accrued Salaries Value
CommonStockIssuedForAccruedSalariesValue
67399 usd
CY2023 TSOI Accrued Interest Added To Principal
AccruedInterestAddedToPrincipal
13126 usd
CY2022 TSOI Accrued Interest Added To Principal
AccruedInterestAddedToPrincipal
25914 usd
CY2022 TSOI Common Stock Issued For License Value
CommonStockIssuedForLicenseValue
3107570 usd
CY2023 TSOI Common Stock Issued For Land Development
CommonStockIssuedForLandDevelopment
96000 usd
CY2022 TSOI Common Stock Issued For Land Development
CommonStockIssuedForLandDevelopment
50400 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
146244 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27823 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18434 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
11003 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27823 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29437 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_80A_eus-gaap--NatureOfOperations_zty4VElwpcy3" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Note 1 – <span id="xdx_822_zJ4ZMswqX815">Organization and Business Description</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Therapeutic Solutions International, Inc. (“TSOI” or the “Company”) was organized <span id="xdx_90D_edei--EntityIncorporationDateOfIncorporation_c20230101__20231231_zwBfqEV6m5yc" title="Entity incorporation date">August 6, 2007</span>, under the name Friendly Auto Dealers, Inc., under the laws of the State of Nevada. In the first quarter of 2011 the Company changed its name from Friendly Auto Dealers, Inc. to Therapeutic Solutions International, Inc., and acquired Splint Decisions, Inc., a California corporation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Business Description</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Currently the Company is focused on immune modulation for the treatment of several specific diseases. Immune modulation refers to the ability to upregulate (make more active) or downregulate (make less active) one’s immune system.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Activating one’s immune system is now an accepted method to treat certain cancers, reduce recovery time from viral or bacterial infections and to prevent illness. Additionally, inhibiting one’s immune system is vital for reducing inflammation, autoimmune disorders and allergic reactions.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">TSOI is developing a range of immune-modulatory agents to target certain cancers, schizophrenia, suicidal ideation, traumatic brain injury, and for daily health.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Nutraceutical Division</b> – TSOI has been producing high quality nutraceuticals. Its current flagship product, QuadraMune®, is a multi-patented synergistic blend of pterostilbene, sulforaphane, epigallocatechin-3-gallate, and thymoquinone. QuadraMune has been shown to increase Natural Killer Cell activity and healthy Cytokine production.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Regenerative Medicine</b> – TSOI obtained exclusive rights to a patented adult stem cell for development of therapeutics in the area of chronic traumatic encephalopathy (CTE) and traumatic brain injury (TBI) and Lung Pathology (LP).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The stem cell licensed, termed “JadiCell” is unique in that it possesses features of mesenchymal stem cells, however, outperforms these cells in terms of a) enhanced growth factor production; b) augmented ability to secrete exosomes; and c) superior angiogenic and neurogenic ability. Subsequent to this acquisition the Company has filed an additional 22 patents on this population of unique mesenchymal like stromal cells.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Immunotherapies</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">TSOI has a large portfolio of immunotherapies that range from dendritic cell vaccines for cancers to parkinson’s disease developed on our StemVacs platform.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>THERAPEUTIC SOLUTIONS INTERNATIONAL, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31, 2023</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management does not expect existing cash as of December 31, 2023, to be sufficient to fund the Company’s operations for at least twelve months from the issuance date of these financial statements. These financial statements have been prepared on a going concern basis which assumed the Company will continue to realize its assets and discharge its liabilities in the normal course of business. As of December 31, 2023, the Company has incurred losses totaling $<span id="xdx_901_eus-gaap--InterestCostsIncurred_pn5n6_c20230101__20231231_zwXsLgDkIjm7" title="Net loss">20.1</span> million since inception, has not yet generated material revenue from operations, and will require additional funds to maintain its operations. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern within one year after the consolidated financial statements are issued. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations and obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they become due. The Company intends to finance operating costs over the next twelve months through its existing financial resources and we may also raise additional capital through equity offerings, debt financings, collaborations and/or licensing arrangements. If adequate funds are not available on acceptable terms, we may be required to delay, reduce the scope of, or curtail, our operations. The accompanying consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023 dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
2007-08-06
CY2023 us-gaap Interest Costs Incurred
InterestCostsIncurred
20100000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
6807 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
6807 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
98994 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
206767 usd
CY2023 TSOI Wholesale Purchase Price And Payments Description
WholesalePurchasePriceAndPaymentsDescription
Seller agrees to sell the Goods to Buyer for Fifty Percent (50%) off Sellers listed retail price. Seller will provide an invoice to Buyer at the time of delivery. All invoices must be paid, in full, within thirty (30) days. Any balances not paid within thirty (30) days will be subject to a five percent (5%) late payment penalty. In the event Buyer exceeds the aggregate of $500,000 worth of aforementioned products having been purchased, delivered, and paid for, Buyer will be entitled to an additional Five Percent (5%) discount up to the aggregate of $750,000.00. In the event Buyer exceeds the aggregate of $750,000 worth of aforementioned products having been purchased, delivered, and paid for, Buyer will be entitled to an additional Five Percent (5%) discount up to the aggregate of $1,500,000.00. All future sales after initial $1,500,000 in aggregate purchases will be sold at 60% off retail.
CY2023Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2022Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
0 usd
CY2023Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
0 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
181070 usd
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
202144 usd
CY2021Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
531525 usd
CY2022 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
674971 usd
CY2022 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
-713229 usd
CY2022 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Period Increase Decrease
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease
-291123 usd
CY2022Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
202144 usd
CY2023 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
371761 usd
CY2023 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
-410671 usd
CY2023 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Period Increase Decrease
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease
17836 usd
CY2023Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
181070 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84B_eus-gaap--UseOfEstimates_zMSvLqPmITha" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_864_z5xCkStZOMZ7">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Estimates were made relating to valuation allowances, impairment of assets, share-based compensation expense and accruals. Actual results could differ materially from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
267136056 shares
CY2022 us-gaap Depreciation
Depreciation
10946 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
233685 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
4132 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
39162 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1452128 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
125557 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
125557 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
301359 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
11037 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
148550 usd
CY2023Q4 us-gaap Prepaid Insurance
PrepaidInsurance
1167 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
1141 usd
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
4116 usd
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
62661 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
16320 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
212352 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
413517 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
28281 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
374355 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
273078 usd
CY2023 us-gaap Depreciation
Depreciation
10881 usd
CY2022 us-gaap Depreciation
Depreciation
10946 usd
CY2022Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
7537 usd
CY2023Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
4123 usd
CY2022Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
4123 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2702064 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3002960 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2706187 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3014620 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3261122 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3261122 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
559058 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
258162 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2702064 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3002960 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300897 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
233685 usd
CY2023 us-gaap Payments Of Derivative Issuance Costs
PaymentsOfDerivativeIssuanceCosts
371761 usd
CY2022 us-gaap Payments Of Derivative Issuance Costs
PaymentsOfDerivativeIssuanceCosts
674971 usd
CY2023 us-gaap Related Party Transaction Rate
RelatedPartyTransactionRate
0.005 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.30 pure
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-562532 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-709666 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-123226 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-101347 usd
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
193901 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
405376 usd
CY2023 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-494107 usd
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-407237 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2250 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1600 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
2858356 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
2364249 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2858356 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2364249 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
10700000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
9400000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
8700000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
7400000 usd
CY2023 us-gaap Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
net operating loss carryforwards are available to offset taxable income in future years, of which approximately $5 million expires beginning in fiscal 2032
CY2023 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
CY2023Q4 us-gaap Capital Units Authorized
CapitalUnitsAuthorized
5505000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3802666978 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
3802666978 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
2 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
2 shares
CY2022 TSOI Stock Issued During Period Values For Salaries
StockIssuedDuringPeriodValuesForSalaries
67399 usd
CY2022 TSOI Stock Issued During Period Value For License
StockIssuedDuringPeriodValueForLicense
3107570 usd
CY2022 TSOI Stock Issued During Period Value For Prepaid Fees
StockIssuedDuringPeriodValueForPrepaidFees
242320 usd
CY2022 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
1313772 usd
CY2023 TSOI Stock Issued During Period Values For Salaries
StockIssuedDuringPeriodValuesForSalaries
110000 usd
CY2023 TSOI Stock Issued During Period Common Stock Issued For Land Development
StockIssuedDuringPeriodCommonStockIssuedForLandDevelopment
96000 usd
CY2022Q3 us-gaap Preferred Stock Voting Rights
PreferredStockVotingRights
the Board of Directors designated “Series A Preferred Stock” and caused to be filed a Certificate of Designation pursuant to NRS 78.1955 with the State of Nevada, and upon approval the Board has issued One (1) share of Series A Preferred Stock to Thomas E. Ichim, and One (1) share of Series A Preferred Stock to Timothy G. Dixon. The Holder of the Series A Preferred Stock shall be entitled to vote on all matters subject to a vote or written consent of the holders of the Corporation’s Common Stock, and on all such matters, the share of Series A Preferred Stock shall be entitled to that number of votes equal to the number of votes that all issued and outstanding shares of Common Stock and all other securities of the Corporation are entitled to, as of any such date of determination, on a fully diluted basis, plus One Million (1,000,000) votes, it being the intention that the Holder(s) of the Series A Preferred Stock shall have effective voting control of the Corporation, on a fully diluted basis. The Holder(s) of the Series A Preferred Stock shall vote together with the holders of Common Stock as a single class.
CY2022Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
2 shares
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Area Of Land
AreaOfLand
1700 sqft
CY2023Q1 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2028-04-30
CY2023 us-gaap Payments For Rent
PaymentsForRent
25372 usd
CY2022 us-gaap Payments For Rent
PaymentsForRent
25044 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.011 pure
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
27536 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
29248 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
30340 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
31476 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
10620 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
129220 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3663 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
20525 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
105032 usd

Files In Submission

Name View Source Status
0001493152-24-014975-index-headers.html Edgar Link pending
0001493152-24-014975-index.html Edgar Link pending
0001493152-24-014975.txt Edgar Link pending
0001493152-24-014975-xbrl.zip Edgar Link pending
audit_001.jpg Edgar Link pending
audit_002.jpg Edgar Link pending
ex3-1.htm Edgar Link pending
ex3-11_001.jpg Edgar Link pending
ex3-11_002.jpg Edgar Link pending
ex3-11_003.jpg Edgar Link pending
ex3-11_004.jpg Edgar Link pending
ex3-11_005.jpg Edgar Link pending
ex3-11_006.jpg Edgar Link pending
ex3-1_001.jpg Edgar Link pending
ex3-1_002.jpg Edgar Link pending
ex3-1_003.jpg Edgar Link pending
ex3-1_004.jpg Edgar Link pending
ex3-1_1.htm Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-k.htm 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
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
form10-k_htm.xml Edgar Link completed
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.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
tsoi-20231231.xsd Edgar Link pending
tsoi-20231231_def.xml Edgar Link unprocessable
tsoi-20231231_lab.xml Edgar Link unprocessable
tsoi-20231231_pre.xml Edgar Link unprocessable
tsoi-20231231_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable