---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-021844"
form_type: "8-K/A"
ticker: "TLSS"
cik: "0001463208"
company_name: "Transportation & Logistics Systems, Inc."
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T21:07:24.421711+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TLSS files Freight Connections audited financials; 2021 revenue $8.92M, net income $1.03M

## Summary
- Freight Connections revenue $8.92M in 2021, up 40% from $6.36M in 2020.
- Net income of $1.03M in 2021 vs $0.36M in 2020; gross profit $4.10M.
- Total assets $2.77M at Dec 31, 2021; cash $88.7K, down from $292.6K a year earlier.
- Acquired by TLSS subsidiary on Sept 16, 2022; pro forma financials included.
- Operating income $1.44M in 2021; income before taxes $1.48M.

## SEC filing metadata
- accession: 0001493152-23-021844
- form_type: 8-K/A
- ticker: TLSS
- cik: 0001463208
- company_name: Transportation & Logistics Systems, Inc.
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463208/000149315223021844/0001493152-23-021844-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463208/000149315223021844/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-021844
- JSON: https://secwatch.observer/filing/0001493152-23-021844.json
- Plain text: https://secwatch.observer/filing/0001493152-23-021844.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.