$DSS
DSS, INC.

2012 Q2 Form 10-Q Financial Statement

#000114420412045531 Filed on August 14, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $3.659M $2.876M
YoY Change 27.26% -13.65%
Cost Of Revenue $2.325M $2.068M
YoY Change 12.44% -15.61%
Gross Profit $1.335M $808.0K
YoY Change 65.17% -8.18%
Gross Profit Margin 36.47% 28.1%
Selling, General & Admin $1.960M $1.721M
YoY Change 13.89% 34.42%
% of Gross Profit 146.83% 212.95%
Research & Development $223.4K $73.82K
YoY Change 202.68% 5.45%
% of Gross Profit 16.74% 9.14%
Depreciation & Amortization $200.0K $170.0K
YoY Change 17.65% -45.16%
% of Gross Profit 14.99% 21.04%
Operating Expenses $2.259M $1.857M
YoY Change 21.68% 7.94%
Operating Profit -$924.5K -$1.049M
YoY Change -11.83% 24.82%
Interest Expense $54.67K $59.23K
YoY Change -7.69% -139.48%
% of Operating Profit
Other Income/Expense, Net $0.00
YoY Change
Pretax Income -$990.2K -$1.108M
YoY Change -10.61% 11.89%
Income Tax $4.737K $4.737K
% Of Pretax Income
Net Earnings -$995.0K -$1.112M
YoY Change -10.56% 11.25%
Net Earnings / Revenue -27.19% -38.69%
Basic Earnings Per Share
Diluted Earnings Per Share -$191.1K -$228.4K
COMMON SHARES
Basic Shares Outstanding 20.74M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.520M $1.510M
YoY Change 0.66% 387.1%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $340.0K $140.0K
YoY Change 142.86% 133.33%
Inventory $752.3K $920.0K
Prepaid Expenses
Receivables $1.648M $1.520M
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.262M $4.090M
YoY Change 4.22% 71.13%
LONG-TERM ASSETS
Property, Plant & Equipment $3.887M $2.420M
YoY Change 60.61% -11.03%
Goodwill $3.323M
YoY Change
Intangibles $1.998M
YoY Change
Long-Term Investments
YoY Change
Other Assets $234.1K $320.0K
YoY Change -26.86% -3.03%
Total Long-Term Assets $9.442M $8.033M
YoY Change 17.53% 2.33%
TOTAL ASSETS
Total Short-Term Assets $4.262M $4.090M
Total Long-Term Assets $9.442M $8.033M
Total Assets $13.70M $12.12M
YoY Change 13.04% 18.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.603M $1.290M
YoY Change 24.26% -17.31%
Accrued Expenses $970.0K $660.0K
YoY Change 46.97% -47.2%
Deferred Revenue
YoY Change
Short-Term Debt $770.0K $500.0K
YoY Change 54.0%
Long-Term Debt Due $333.1K $520.0K
YoY Change -35.95% 36.84%
Total Short-Term Liabilities $3.719M $2.970M
YoY Change 25.23% -6.9%
LONG-TERM LIABILITIES
Long-Term Debt $2.204M $1.990M
YoY Change 10.74% -32.54%
Other Long-Term Liabilities $133.2K $0.00
YoY Change
Total Long-Term Liabilities $2.337M $1.990M
YoY Change 17.43% -32.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.719M $2.970M
Total Long-Term Liabilities $2.337M $1.990M
Total Liabilities $6.056M $5.060M
YoY Change 19.69% -18.65%
SHAREHOLDERS EQUITY
Retained Earnings -$45.24M
YoY Change
Common Stock $52.91M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.530M $7.070M
YoY Change
Total Liabilities & Shareholders Equity $13.70M $12.12M
YoY Change 13.07% 18.36%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income -$995.0K -$1.112M
YoY Change -10.56% 11.25%
Depreciation, Depletion And Amortization $200.0K $170.0K
YoY Change 17.65% -45.16%
Cash From Operating Activities -$930.0K -$990.0K
YoY Change -6.06% -925.0%
INVESTING ACTIVITIES
Capital Expenditures -$160.0K -$20.00K
YoY Change 700.0% 100.0%
Acquisitions
YoY Change
Other Investing Activities $60.00K
YoY Change -122.22%
Cash From Investing Activities -$160.0K $40.00K
YoY Change -500.0% -114.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -160.0K -260.0K
YoY Change -38.46% -218.18%
NET CHANGE
Cash From Operating Activities -930.0K -990.0K
Cash From Investing Activities -160.0K 40.00K
Cash From Financing Activities -160.0K -260.0K
Net Change In Cash -1.250M -1.210M
YoY Change 3.31% -2116.67%
FREE CASH FLOW
Cash From Operating Activities -$930.0K -$990.0K
Capital Expenditures -$160.0K -$20.00K
Free Cash Flow -$770.0K -$970.0K
YoY Change -20.62% -846.15%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-61995
CY2012Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
20872316 shares
CY2011Q2 us-gaap Assets
Assets
12123000
CY2011Q2 us-gaap Cash
Cash
1512161
CY2012Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
344331
CY2012Q2 us-gaap Goodwill
Goodwill
3322799
CY2012Q2 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
767894
CY2012Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
52492069
CY2012Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
138332
CY2012Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
234057
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
210000
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
7529600
CY2012Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
253670
CY2012Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
992000
CY2012Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
163000
CY2012Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20711026 shares
CY2012Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1602897
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
295000
CY2012Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
66000
CY2012Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
133180
CY2012Q2 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
133180
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-45243509
CY2012Q2 us-gaap Assets
Assets
13704011
CY2012Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
118201
CY2012Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1647923
CY2012Q2 us-gaap Inventory Net
InventoryNet
752271
CY2012Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13704011
CY2012Q2 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
44077
CY2012Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3355220
CY2012Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20711026 shares
CY2012Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1997935
CY2012Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-133180
CY2012Q2 us-gaap Cash
Cash
1517916
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
176000
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
295000
CY2012Q2 us-gaap Liabilities Current
LiabilitiesCurrent
3719294
CY2012Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
76000
CY2012Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
360269
CY2012Q2 us-gaap Common Stock Value
CommonStockValue
414220
CY2012Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.02
CY2012Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2203736
CY2012Q2 dss Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
971343
CY2012Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1357285
CY2012Q2 us-gaap Assets Current
AssetsCurrent
4262441
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3886779
CY2012Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
333083
CY2011Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
287808
CY2011Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2011Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
11133
CY2011Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2010Q4 us-gaap Cash
Cash
4086574
CY2011Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
95399
CY2011Q4 us-gaap Goodwill
Goodwill
3322799
CY2011Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
763736
CY2011Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
48395241
CY2011Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
73669
CY2011Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
244356
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
5500037
CY2011Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
19513132 shares
CY2011Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1666963
CY2011Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
88000
CY2011Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
110688
CY2011Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
110688
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-43174778
CY2011Q4 us-gaap Assets
Assets
12822466
CY2011Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
108727
CY2011Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1595750
CY2011Q4 us-gaap Inventory Net
InventoryNet
783442
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12822466
CY2011Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
88172
CY2011Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3248445
CY2011Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
19513132 shares
CY2011Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
150000
CY2011Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2043212
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-110688
CY2011Q4 us-gaap Cash
Cash
717679
CY2011Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4272098
CY2011Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
76000
CY2011Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
421965
CY2011Q4 us-gaap Common Stock Value
CommonStockValue
390262
CY2011Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.02
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1205233
CY2011Q4 us-gaap Assets Current
AssetsCurrent
3192270
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4019829
CY2011Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
460598
CY2011Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2819783
CY2011Q4 dss Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
1142629
us-gaap Line Of Credit Assumed1
LineOfCreditAssumed1
650000
us-gaap Operating Income Loss
OperatingIncomeLoss
-1752567
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2219651
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-610130
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-34760
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-773970
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
125111
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2441764
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
150000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1506620
us-gaap Share Based Compensation
ShareBasedCompensation
201543
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.08
us-gaap Depreciation And Amortization
DepreciationAndAmortization
351548
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1891997
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
33014
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-349911
us-gaap Cost Of Services Licenses And Services
CostOfServicesLicensesAndServices
19099
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
3678
us-gaap Revenue Other Manufactured Products
RevenueOtherManufacturedProducts
1329706
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4509
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-715430
us-gaap Cost Of Revenue
CostOfRevenue
3818309
us-gaap Operating Expenses
OperatingExpenses
3495026
us-gaap Cost Of Services
CostOfServices
1384095
us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
-2574413
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
315331
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-457137
us-gaap Cost Of Goods Sold
CostOfGoodsSold
1637968
us-gaap Revenues
Revenues
5560768
us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
3678
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1510996
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1500824
us-gaap Gross Profit
GrossProfit
1742459
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
55204
us-gaap Interest Paid
InterestPaid
228000
us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
389000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
24472
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
19416786 shares
us-gaap Cost Of Other Manufactured Products
CostOfOtherManufacturedProducts
777147
us-gaap Net Income Loss
NetIncomeLoss
-1510298
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3235875
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9474
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
134040
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
360922
us-gaap License And Services Revenue
LicenseAndServicesRevenue
500415
us-gaap Interest Expense
InterestExpense
109179
dss Proceeds From Issuance Of Common Stock Net Of Expenses
ProceedsFromIssuanceOfCommonStockNetOfExpenses
-160315
dss Share Based Compensation Expense Per Share
ShareBasedCompensationExpensePerShare
0.01
dss Noncash Warrant Expense For Warrants Issued
NoncashWarrantExpenseForWarrantsIssued
3506000
dei Trading Symbol
TradingSymbol
DSS
dei Entity Registrant Name
EntityRegistrantName
DOCUMENT SECURITY SYSTEMS INC
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
dei Entity Central Index Key
EntityCentralIndexKey
0000771999
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Operating Income Loss
OperatingIncomeLoss
-1695952
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3669845
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
150000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-64066
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
185835
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2091223
us-gaap Share Based Compensation
ShareBasedCompensation
331526
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.10
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
580000
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="FONT: 10pt Times New Roman, Times, Serif"> <p style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <b><i>Concentration of Credit Risk -</i></b> <font style="COLOR: black">The Company maintains its cash in bank deposit accounts, which at times may exceed federally insured limits.&#xA0; The Company believes it is not exposed to any significant credit risk as a result of any non-performance by the financial institutions. During the six months ended June 30, 2012 and 2011, one customer accounted for 24% and 16%, respectively, of the Company&#x2019;s consolidated revenue. As of June 30, 2012 and 2011, this customer accounted for 22% and 20%, respectively, of the Company&#x2019;s trade accounts receivable balance. The risk with respect to trade receivables is mitigated by credit evaluations we perform on our customers, the short duration of our payment terms for the significant majority of our customer contracts and by the diversification of our customer base.</font></p> </div>
us-gaap Depreciation And Amortization
DepreciationAndAmortization
390884
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1428970
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-212557
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
371133
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
4158
us-gaap Cost Of Services Licenses And Services
CostOfServicesLicensesAndServices
117012
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-22492
us-gaap Revenue Other Manufactured Products
RevenueOtherManufacturedProducts
1479370
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 Segment
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
105782
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
73469
us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
216000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
52173
us-gaap Cost Of Revenue
CostOfRevenue
4917044
us-gaap Operating Expenses
OperatingExpenses
4281117
us-gaap Cost Of Services
CostOfServices
1139220
us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
800237
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-31171
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-161812
us-gaap Cost Of Goods Sold
CostOfGoodsSold
2831099
us-gaap Revenues
Revenues
7502209
us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
-22492
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1521743
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2059257
us-gaap Gross Profit
GrossProfit
2585165
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
55228
us-gaap Interest Paid
InterestPaid
126000
us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
357000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
106775
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
20391926 shares
us-gaap Cost Of Other Manufactured Products
CostOfOtherManufacturedProducts
829713
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
237700
us-gaap Net Income Loss
NetIncomeLoss
-2068731
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3757932
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9474
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
152052
us-gaap License And Services Revenue
LicenseAndServicesRevenue
831251
us-gaap Interest Expense
InterestExpense
125605
dss Stock Issued During Period Of Stock And Warrants For Services Or Claims
StockIssuedDuringPeriodOfStockAndWarrantsForServicesOrClaims
248000
dss Proceeds From Issuance Of Common Stock Net Of Expenses
ProceedsFromIssuanceOfCommonStockNetOfExpenses
2828669
dss Share Based Compensation Expense Per Share
ShareBasedCompensationExpensePerShare
0.02
dss Gain Loss In Fair Value Change Of Interest Rate Swap Transaction
GainLossInFairValueChangeOfInterestRateSwapTransaction
22000
CY2011Q4 dss Legal Services Fee Percentage
LegalServicesFeePercentage
0.333 pure
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1048518
CY2011Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1183249
CY2011Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1112480
CY2011Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.06
CY2011Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
171000
CY2011Q2 us-gaap Cost Of Services Licenses And Services
CostOfServicesLicensesAndServices
19099
CY2011Q2 us-gaap Revenue Other Manufactured Products
RevenueOtherManufacturedProducts
636727
CY2011Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
73818
CY2011Q2 us-gaap Cost Of Revenue
CostOfRevenue
2067530
CY2011Q2 us-gaap Operating Expenses
OperatingExpenses
1856515
CY2011Q2 us-gaap Cost Of Services
CostOfServices
754032
CY2011Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
919681
CY2011Q2 us-gaap Revenues
Revenues
2875527
CY2011Q2 us-gaap Interest Expense
InterestExpense
59225
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-924488
CY2011Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
789232
CY2011Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1107743
CY2011Q2 us-gaap Gross Profit
GrossProfit
807997
CY2011Q2 us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
119000
CY2011Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
19420780 shares
CY2011Q2 us-gaap Cost Of Other Manufactured Products
CostOfOtherManufacturedProducts
374718
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
-1112480
CY2011Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1720621
CY2011Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4737
CY2011Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
62076
CY2011Q2 us-gaap License And Services Revenue
LicenseAndServicesRevenue
266319
CY2012Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1574450
CY2012Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1040090
CY2012Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.05
CY2012Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
198000
CY2012Q2 us-gaap Cost Of Services Licenses And Services
CostOfServicesLicensesAndServices
61821
CY2012Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-45134
CY2012Q2 us-gaap Revenue Other Manufactured Products
RevenueOtherManufacturedProducts
799188
CY2012Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
223436
CY2012Q2 us-gaap Cost Of Revenue
CostOfRevenue
2324792
CY2012Q2 us-gaap Operating Expenses
OperatingExpenses
2259084
CY2012Q2 us-gaap Cost Of Services
CostOfServices
632512
CY2012Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
1200617
CY2012Q2 us-gaap Revenues
Revenues
3659388
CY2012Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
852115
CY2012Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-990219
CY2012Q2 us-gaap Gross Profit
GrossProfit
1334596
CY2012Q2 us-gaap Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
214000
CY2012Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
20711026 shares
CY2012Q2 us-gaap Cost Of Other Manufactured Products
CostOfOtherManufacturedProducts
429842
CY2012Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
11058
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
-994956
CY2012Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1959622
CY2012Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4737
CY2012Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
76026
CY2012Q2 us-gaap License And Services Revenue
LicenseAndServicesRevenue
433635
CY2012Q2 us-gaap Interest Expense
InterestExpense
54673

Files In Submission

Name View Source Status
0001144204-12-045531-index-headers.html Edgar Link pending
0001144204-12-045531-index.html Edgar Link pending
0001144204-12-045531.txt Edgar Link pending
0001144204-12-045531-xbrl.zip Edgar Link pending
dss-20120630.xml Edgar Link completed
dss-20120630.xsd Edgar Link pending
dss-20120630_cal.xml Edgar Link unprocessable
dss-20120630_def.xml Edgar Link unprocessable
dss-20120630_lab.xml Edgar Link unprocessable
dss-20120630_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
logo.jpg 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
R4.htm Edgar Link pending
R5.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
v318521_10q.htm Edgar Link pending
v318521_ex31-1.htm Edgar Link pending
v318521_ex31-2.htm Edgar Link pending
v318521_ex32-1.htm Edgar Link pending
v318521_ex32-2.htm Edgar Link pending