Company research
Titan Environmental Solutions Inc.
CIK 1514056Updated Sep 27, 2026
SecurityTESI · OTC · equity
Name history
TRAQIQ, INC. · through Nov 16, 2023Thunderclap Entertainment, Inc. · through Jul 20, 2017
TESI price & chart
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OTC:TESI on TradingView ↗About the company
We are an integrated provider of non-hazardous solid waste and recycling collection, transportation and disposal services. We conduct our business primarily through our principal operating subsidiary, Standard Waste Services, LLC (“SWS”), which provides waste and recycling collection and disposal services to industrial generators and commercial contractors located in Michigan and commenced operations in 2017. We acquired SWS in May 2024 through our Titan Trucking, LLC (“Titan”) subsidiary, a non-hazardous solid waste management company that commenced operations in May 2017 and completed the asset acquisitions of Century Waste, Inc and WTI Global Waste and Recycling Services, Inc. in June 2022 and December 2022, respectively. Through these companies, we currently operate a fleet of 32 waste collection vehicles. All of the revenues of these companies for the nine-month period ended September 30, 2024 and the year ended December 31, 2023 was derived from the provision of commercial front load, roll-off, rubber wheel and long-haul tractor trailer services to their customers. While we currently have the majority of our operations in Michigan, we are aggressively looking to expand our pr…
In the news
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Recent filings
SEC STAFF ACTION filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
SCHEDULE 13G/A - filed by Eleven 11 Management LLC regarding Titan Environmental Solutions Inc.
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
10-Q filing
Show 5 more recent filings
NT 10-Q filing
4 filing
SCHEDULE 13D - filed by Campo Dominic regarding Titan Environmental Solutions Inc.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 27,811,095Source | 22,175,474Source | 66,460Source | 8,552,595Source |
| Property, Plant and Equipment, NetUSD | 12,722,248Source | 5,780,747Source | 5,643,941Source | 34,165Source |
| GoodwillUSD | 12,440,922Source | 6,516,915Source | — | 5,863,058Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 550,000Source | 6,654,030Source | — | 1,206,966Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | 103,578Source | 1,312Source | 56,329Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,211,642Source | 970,629Source | — | 774,146Source |
| Inventory, NetUSD | — | 145,000Source | — | — |
| Assets, CurrentUSD | 1,646,990Source | 1,475,490Source | 66,460Source | 980,747Source |
| Prepaid Expense and Other Assets, CurrentUSD | 182,371Source | 248,932Source | — | 150,272Source |
| Operating Lease, Right-of-Use AssetUSD | 430,618Source | 1,582,624Source | — | 112,076Source |
| Other Assets, NoncurrentUSD | 20,317Source | 165,668Source | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 24,677,590Source | 16,876,149Source | 1,682,659Source | 10,970,898Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 2,821Source | 1,513Source | 1,810Source | 417Source |
| Additional Paid in CapitalUSD | 167,769,108Source | 155,377,798Source | 15,904,755Source | 6,508,931Source |
| Retained Earnings (Accumulated Deficit)USD | -172,485,643Source | -150,080,049Source | -17,522,786Source | -8,953,768Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | — | — | — | 30,605Source |
| Stockholders' Equity Attributable to ParentUSD | -4,713,574Source | 5,299,325Source | -1,616,199Source | -2,413,815Source |
| Liabilities and EquityUSD | 27,811,095Source | 22,175,474Source | 66,460Source | 8,552,595Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 18,807,704Source | 12,410,598Source | 1,682,659Source | 10,825,016Source |
| Operating Lease, Liability, CurrentUSD | 178,261Source | 391,547Source | — | 13,071Source |
| Accounts Payable, CurrentUSD | 6,905,758Source | — | — | — |
| Operating Lease, Liability, NoncurrentUSD | 269,181Source | 1,290,866Source | — | 109,830Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | — | — | — | -4,488Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 331,336Source | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 5,431,761Source | — | 751,886Source | 218,972Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 3,281,212Source | — | — | 36,052Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | -9,171,556Source | -6,453,363Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 68,750Source | 505,434Source | 33,240Source | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 65,293Source | 5,590,486Source | 588,638Source | 641,155Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -844,420Source | 65,743Source | -127,727Source | 528,965Source |
| Increase (Decrease) in InventoriesUSD | — | 80,106Source | — | — |
| Increase (Decrease) in Accounts PayableUSD | 3,463,352Source | — | — | — |
| Deferred Income Tax Expense (Benefit)USD | -5,157,172Source | -939,911Source | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | -3,248,631Source | -1,464,960Source | -3,163,103Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 4,652,500Source | -69,104Source | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | -491,022Source | -33,257Source | 20,941Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,060,975Source | 657,445Source | 33,257Source | 6,023Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | 3,816,581Source | 1,329,003Source | 3,254,286Source |
| Repayments of Long-term DebtUSD | — | — | 96,913Source | 214,242Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -100,601Source | 76,928Source | -169,216Source | 112,124Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,977Source | — | 1,312Source | 170,528Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,732,577Source | 578,396Source | 54,327Source | 132,166Source |
| Income Taxes Paid, NetUSD | — | — | 11,051Source | 89,750Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 65,293Source | 5,590,486Source | 107,555Source | 412,447Source |
| Amortization of Debt Issuance CostsUSD | 1,828,662Source | — | — | — |
| Amortization of Intangible AssetsUSD | 68,750Source | 505,091Source | 76,462Source | 64,842Source |
| Deconsolidation, Gain (Loss), AmountUSD | — | — | -5,804,121Source | — |
| DepreciationUSD | 891,215Source | 424,363Source | 20,615Source | 13,366Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | 17,500Source | — | — | 952,421Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | 5,233Source | -3,785Source |
| Gain (Loss) on Disposition of Intangible AssetsUSD | — | — | — | 146Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -111,429Source | — | — | — |
| Gain (Loss) on Termination of LeaseUSD | 100,076Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | -116,591,322Source | 1,752,678Source | -108,411Source |
| Gain (Loss) on Disposition of Assets for Financial Service OperationsUSD | — | — | 7Source | 146Source |
| General and Administrative ExpenseUSD | 1,201,032Source | 1,074,634Source | 751,928Source | 2,804,626Source |
| GoodwillUSD | 12,440,922Source | 6,516,915Source | — | 5,863,058Source |
| Goodwill, Impairment LossUSD | — | 20,364,001Source | 5,863,058Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -10,404,396Source | — | -2,401,843Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -11,138,909Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | -6,769,713Source | — |
| Income Tax Expense (Benefit)USD | — | — | — | 89,750Source |
| Net Income (Loss) Attributable to ParentUSD | -21,543,305Source | -149,005,049Source | -9,171,556Source | -6,448,875Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | -4,488Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -26,509,443Source | -150,080,049Source | — | — |
| Nonoperating Income (Expense)USD | -4,512,698Source | -117,724,759Source | -1,009,172Source | -1,410,979Source |
| Operating ExpensesUSD | 6,225,159Source | 32,401,739Source | 1,340,043Source | 5,461,164Source |
| Operating Lease, ExpenseUSD | 395,090Source | 372,162Source | — | — |
| Other Nonoperating Income (Expense)USD | — | 113,212Source | — | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | 494,500Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | 755,607Source | 50,331Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 9,574,403Source | 7,624,584Source | 1,582Source | 2,712,300Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -5,891,698Source | -31,280,290Source | -1,392,671Source | -4,952,634Source |
| Other Nonoperating Income (Expense)USD | — | 113,212Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -10,404,396Source | — | -2,401,843Source | -6,363,613Source |
| Income Tax Expense (Benefit)USD | — | — | — | 89,750Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | -4,488Source |
| Net Income (Loss) Attributable to ParentUSD | -21,543,305Source | -149,005,049Source | -9,171,556Source | -6,448,875Source |
| Earnings Per Share, BasicUSD per share | -0.1Source | -0.88Source | -2.08Source | — |
| Earnings Per Share, DilutedUSD per share | -0.1Source | -0.88Source | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 222,067,042Source | 170,715,695Source | 4,410,595Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 222,067,042Source | 170,715,695Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 68,750Source | 505,091Source | 76,462Source | 64,842Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 959,965Source | 929,454Source | 109,418Source | 78,208Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | 5,233Source | -3,785Source |
| General and Administrative ExpenseUSD | 1,201,032Source | 1,074,634Source | 751,928Source | 2,804,626Source |
| Goodwill, Impairment LossUSD | — | 20,364,001Source | 5,863,058Source | — |
| Gross ProfitUSD | 333,461Source | 1,121,449Source | -52,627Source | 508,530Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -10,404,396Source | — | -2,401,843Source | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.05Source | — | -0.54Source | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -0.05Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -11,138,909Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | -6,769,713Source | — |
| Interest ExpenseUSD | 6,507Source | — | — | 455,824Source |
| Interest Expense, DebtUSD | 1,419,931Source | 593,383Source | 67,312Source | 8,058Source |
| Marketing and Advertising ExpenseUSD | 66,579Source | 61,724Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -26,509,443Source | -150,080,049Source | — | — |
| Nonoperating Income (Expense)USD | -4,512,698Source | -117,724,759Source | -1,009,172Source | -1,410,979Source |
| Operating ExpensesUSD | 6,225,159Source | 32,401,739Source | 1,340,043Source | 5,461,164Source |
| Operating Lease, ExpenseUSD | 395,090Source | 372,162Source | — | — |
| Preferred Stock Dividends, Income Statement ImpactUSD | 862,289Source | 1,075,000Source | — | — |
Offerings
Registration 333-275136
Filing attachments
ex4-1.htm · 8-K · 2025-06-12
EX-4.1 2 ex4-1.htm EX-4.1 Exhibit 4.1 EXECUTION VERSION THE ISSUANCE AND SALE OF THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THIS NOTE MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR (B) AN OPINION OF COUNSEL TO THE HOLDER (IF REQUESTED BY THE COMPANY), IN A FORM REASONABLY ACCEP…
Read attachment ↗ex99-1.htm · 8-K · 2025-06-12
EX-99.1 3 ex99-1.htm EX-99.1 Exhibit 99.1 June 6, 2025 Titan Environmental Services, Inc. 300 E. Long Lake Road Suite 100A Bloomfield Hills, MI 48304 Attn: Glenn Miller, CEO Re: Potential Acquisition of Titan Environmental Services, Inc. Ladies and Gentlemen: This letter of intent will confirm the agreement by and among Windtree Therapeutics, Inc., a Delaware corporation (“ WINT ”) and Titan Environmental Services, Inc., a corporation formed under the laws of Nevad…
Read attachment ↗ex99-1.htm · 8-K · 2025-04-09
EX-99.1 2 ex99-1.htm Exhibit 99.1 Titan Environmental Solutions Inc. Appoints Edward J. Borkowski and Edward F. Feighan to its Board of Directors Bloomfield Hills, MI - April 9, 2025 - Titan Environmental Solutions Inc. (“Titan” or the “Company”) (OTCQB: TESI), an integrated provider of non-hazardous solid waste and recycling collection, transportation, transfer and disposal services, today announced the appointment of Edward J. Borkowski and Edward F. Feighan to its board of directors, eff…
Read attachment ↗ex107.htm · S-1/A · 2025-02-14
EX-FILING FEES 4 ex107.htm CALCULATION OF FILING FEE TABLES EXHIBIT 107 Calculation of Filing Fee Tables Form S-1 (Form Type) TITAN ENVIRONMENTAL SOLUTIONS, INC. (Exact Name of Registrant as Specified in its Charter) Security Security Class Fee Amount Registered Proposed Maximum Maximum Aggregate Offering Price(1…
Read attachment ↗