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TRUTANKLESS, INC.: 10-Q filed 2025-11-20

What TRUTANKLESS, INC. reported in its quarterly report filed 2025-11-20 (fiscal Q3 2025): 38 published measures, 109 facts as tagged in accession 0001477932-25-008519.

This filing

Form
10-Q (quarterly report)
Filed
2025-11-20
Fiscal period
fiscal Q3 2025
Accession
0001477932-25-008519 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All TRUTANKLESS, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2025-09-303,343,211USD
At 2024-12-313,397,110USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2025-09-3012,668,576USD
At 2024-12-319,743,750USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2025-09-30-9,325,365USD
At 2025-06-30-8,428,255USD
At 2025-03-31-7,400,034USD
At 2024-12-31-6,346,640USD
At 2024-09-30-5,034,450USD
At 2024-06-30-6,257,808USD
At 2024-03-31-7,492,867USD
At 2023-12-31-7,446,965USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2025-07-01 to 2025-09-30-918,110USD92
2025-01-01 to 2025-09-30-3,758,712USD273
2025-04-01 to 2025-06-30-1,244,721USD91
2025-01-01 to 2025-03-31-1,595,881USD90
2024-07-01 to 2024-09-30-3,420,112USD92
2024-01-01 to 2024-09-30-4,908,865USD274
2024-04-01 to 2024-06-30-1,083,601USD91
2024-01-01 to 2024-03-31-405,152USD91

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2025-01-01 to 2025-09-30-2,396,845USD273
2024-01-01 to 2024-09-30-1,668,634USD274

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2025-01-01 to 2025-09-30280,871USD273
2024-01-01 to 2024-09-300USD274

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2025-07-01 to 2025-09-30223,950USD92
2025-01-01 to 2025-09-30748,491USD273
2024-07-01 to 2024-09-30179,701USD92
2024-01-01 to 2024-09-30191,285USD274

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2025-01-01 to 2025-09-301,706,148USD273
2024-01-01 to 2024-09-301,681,900USD274

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2025-01-01 to 2025-09-30-280,871USD273
2024-01-01 to 2024-09-300USD274

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2025-09-30-80,860,681USD
At 2024-12-31-77,101,969USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2025-07-01 to 2025-09-30132,036,439shares92
2025-01-01 to 2025-09-30131,151,017shares273
2024-07-01 to 2024-09-30104,452,652shares92
2024-01-01 to 2024-09-3078,721,478shares274

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2025-07-01 to 2025-09-30-0.01USD/shares92
2025-01-01 to 2025-09-30-0.03USD/shares273
2024-07-01 to 2024-09-30-0.03USD/shares92
2024-01-01 to 2024-09-30-0.06USD/shares274

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2025-09-30412,773USD
At 2024-12-31188,072USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2025-07-01 to 2025-09-30-675,073USD92
2025-01-01 to 2025-09-30-3,037,304USD273
2024-07-01 to 2024-09-30-2,056,022USD92
2024-01-01 to 2024-09-30-3,341,046USD274

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2025-09-301,997,167USD
At 2024-12-313,007,161USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2025-07-01 to 2025-09-30243,037USD92
2025-01-01 to 2025-09-30684,414USD273
2024-07-01 to 2024-09-30100,100USD92
2024-01-01 to 2024-09-30413,892USD274

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2025-09-3011,976,438USD
At 2024-12-318,938,584USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2025-09-30118,015USD
At 2024-12-3143,523USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2025-07-01 to 2025-09-30728,311USD92
2025-01-01 to 2025-09-303,212,834USD273
2024-07-01 to 2024-09-302,120,243USD92
2024-01-01 to 2024-09-303,416,851USD274

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2025-09-301,693,218USD
At 2024-12-31350,866USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2025-07-01 to 2025-09-3053,238USD92
2025-01-01 to 2025-09-30175,530USD273
2024-07-01 to 2024-09-3064,221USD92
2024-01-01 to 2024-09-3075,805USD274

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2025-07-01 to 2025-09-3073,998USD92
2025-01-01 to 2025-09-30134,758USD273
2024-07-01 to 2024-09-30136,124USD92
2024-01-01 to 2024-09-30555,681USD274

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2025-09-30132,108,178shares
At 2024-12-31128,608,178shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2025-09-3032,622USD
At 2024-12-311,004,190USD
At 2024-09-3034,719USD
At 2023-12-3121,453USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2025-09-3071,403,208USD
At 2024-12-3170,626,721USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2025-09-30859,826USD
At 2024-12-31171,016USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2025-09-30878,958USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2025-09-3061,531USD
At 2024-12-3118,947USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2025-01-01 to 2025-09-30-3,758,712USD273
2024-01-01 to 2024-09-30-4,908,865USD274

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2025-07-01 to 2025-09-30281,590USD92
2025-01-01 to 2025-09-30709,056USD273
2024-07-01 to 2024-09-30123,578USD92
2024-01-01 to 2024-09-30965,564USD274

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2025-01-01 to 2025-09-3056,170USD273
2024-01-01 to 2024-09-300USD274

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2025-07-01 to 2025-09-30-243,037USD92
2025-01-01 to 2025-09-30-721,408USD273
2024-07-01 to 2024-09-30-1,364,090USD92
2024-01-01 to 2024-09-30-1,567,819USD274

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2025-01-01 to 2025-09-30324,168USD273
2024-01-01 to 2024-09-3049,218USD274

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2025-01-01 to 2025-09-300USD273
2024-01-01 to 2024-09-300USD274

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2025-01-01 to 2025-09-3083,000USD273
2024-01-01 to 2024-09-30122,500USD274

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2025-01-01 to 2025-09-3074,492USD273
2024-01-01 to 2024-09-3083,046USD274

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2025-01-01 to 2025-09-301,342,352USD273
2024-01-01 to 2024-09-3084,036USD274

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2025-01-01 to 2025-09-3079,052USD273
2024-01-01 to 2024-09-305,433USD274

Inspect the source

Entity
TRUTANKLESS, INC. / CIK 0001429393
Captured
2026-09-20T09:02:21.212Z
SEC response SHA-256
e3f3203b950ecdbe2c99ab4058a8b62368454934183e5c49f5199e716da0093e

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001429393.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))