Titan Environmental Solutions Inc. Files Q2 2024 10-Q

TL;DR

Titan Environmental Solutions Inc. (TESI) filed its Q2 2024 10-Q. Check financials.

AI Summary

Titan Environmental Solutions Inc. filed its 10-Q for the period ending June 30, 2024. The company, formerly known as TRAQIQ, INC., is based in Bellevue, WA. This filing covers financial performance and operational details for the second quarter of 2024.

Why It Matters

This 10-Q filing provides investors and stakeholders with a crucial update on Titan Environmental Solutions Inc.'s financial health and operational status for the second quarter of 2024.

Risk Assessment

Risk Level: medium — As a 10-Q filing, it contains detailed financial information which can reveal significant risks or opportunities, but without specific financial performance data, the risk level is assessed as medium.

Key Numbers

• Q2 2024 — Reporting Period (Financial performance for the second quarter of 2024 is detailed in this filing.)
• 2024-06-30 — As of Date (This date marks the end of the reporting period for the 10-Q.)

Key Players & Entities

• Titan Environmental Solutions Inc. (company) — Filer
• TRAQIQ, INC. (company) — Former company name
• Thunderclap Entertainment, Inc. (company) — Former company name
• 20240630 (date) — Period of report
• 20240819 (date) — Filing date

FAQ

Key Financial Figures

• $0.0001 — g) of the Exchange Act: Common Stock, $0.0001 par value per share (Title of class)

Filing Documents

• form10-q.htm (10-Q) — 3004KB
• ex31-1.htm (EX-31.1) — 19KB
• ex31-2.htm (EX-31.2) — 19KB
• ex32-1.htm (EX-32.1) — 7KB
• ex32-2.htm (EX-32.2) — 7KB
• 0001493152-24-033180.txt ( ) — 16403KB
• tesi-20240630.xsd (EX-101.SCH) — 105KB
• tesi-20240630_cal.xml (EX-101.CAL) — 122KB
• tesi-20240630_def.xml (EX-101.DEF) — 516KB
• tesi-20240630_lab.xml (EX-101.LAB) — 777KB
• tesi-20240630_pre.xml (EX-101.PRE) — 672KB
• form10-q_htm.xml (XML) — 3452KB

SIGNATURES

SIGNATURES 62 As used in this Quarterly Report on Form 10-Q, the terms "we", "us", "our" and the "Company" mean Titan Environmental Solutions Inc. and its wholly owned subsidiaries, taken as a whole (unless the context indicates a different meaning). 2 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Except for any historical information contained herein, the matters discussed in this quarterly report on Form 10-Q contain certain "forward-looking economic performance, results of operations, business strategy, budgets, projected costs, plans and objectives of management for future operations, and the information referred to under "Management's Discussion and Analysis of Financial Condition and Results of Operations." These

forward-looking statements generally can be identified by the use of forward-looking terminology, such as "may," "will,"

forward-looking statements generally can be identified by the use of forward-looking terminology, such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "continue" or similar terminology, although not all forward-looking statements contain these words. These forward-looking statements are not historical facts, and are based on current expectations, estimates and projections about our industry, management's beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. Accordingly, you are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Although we believe that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking our prospects, including our future business, revenues, expenses, net income, earnings per share, gross margins, profitability, cash flows, cash position, liquidity, financial condition and results of operations, our targeted growth rate, our goals for future revenues and earnings, and our expectations about realizing the revenues in our backlog and in our sales pipeline; our ability to successfully pursue strategic acquisitions and integrate acquired businesses; our ability to hire additional personnel and to manage the growth of our business; our ability to continue as a going concern; environmental and other regulations, including developments related to emerging contaminants, gas emissions, renewable energy and environmental, social and governance ("ESG") performance and disclosure; significant environmental, safety or other incidents resulting

View Full Filing

View this 10-Q filing on SEC EDGAR