$DSS
DSS, INC.

2015 Q4 Form 10-Q Financial Statement

#000114420415065332 Filed on November 13, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2015 Q1
Revenue $5.460M $4.420M $3.430M
YoY Change 13.51% -10.96% -5.46%
Cost Of Revenue $3.460M $2.560M $1.986M
YoY Change 8.81% -17.71% -9.64%
Gross Profit $2.000M $1.860M $1.443M
YoY Change 22.7% 0.37% 0.96%
Gross Profit Margin 36.63% 42.08% 42.08%
Selling, General & Admin $1.720M $2.226M $2.608M
YoY Change -14.0% -9.57% -14.71%
% of Gross Profit 86.0% 119.69% 180.71%
Research & Development $120.0K $120.0K $120.0K
YoY Change 0.0% 0.0% 9.09%
% of Gross Profit 6.0% 6.45% 8.31%
Depreciation & Amortization $390.0K $400.0K $380.0K
YoY Change -71.11% -69.7% -70.99%
% of Gross Profit 19.5% 21.51% 26.33%
Operating Expenses $2.590M $5.187M $4.974M
YoY Change -34.76% -72.18% -24.47%
Operating Profit -$590.0K -$767.2K -$1.544M
YoY Change -74.79% -94.39% -47.79%
Interest Expense -$190.0K $88.55K $78.38K
YoY Change 216.67% -0.29% 4.58%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$10.75M -$855.7K -$1.642M
YoY Change -61.18% -93.79% -46.17%
Income Tax $10.00K $4.737K $4.737K
% Of Pretax Income
Net Earnings -$10.76M -$860.4K -$1.647M
YoY Change -61.14% -89.34% -46.1%
Net Earnings / Revenue -197.07% -19.47% -48.02%
Basic Earnings Per Share
Diluted Earnings Per Share -$832.8K -$73.50K -$142.7K
COMMON SHARES
Basic Shares Outstanding 51.76M shares 46.30M shares 46.27M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q4 2015 Q3 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.440M $1.240M $1.590M
YoY Change -38.46% -34.74% -45.92%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $600.0K $770.0K $850.0K
YoY Change -24.05% -32.46% -33.07%
Inventory $940.0K $1.240M $1.072M
Prepaid Expenses
Receivables $2.100M $2.052M $1.446M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $5.080M $5.303M $4.958M
YoY Change -16.65% -12.45% -24.69%
LONG-TERM ASSETS
Property, Plant & Equipment $5.000M $5.177M $4.906M
YoY Change -0.33% 0.2% -7.96%
Goodwill $12.05M $12.00M
YoY Change -19.94% -20.25%
Intangibles $3.217M $3.667M
YoY Change -88.23% -87.13%
Long-Term Investments
YoY Change
Other Assets $40.00K $621.0K $631.6K
YoY Change -94.18% -19.83% -94.86%
Total Long-Term Assets $10.52M $21.06M $21.25M
YoY Change -51.43% -56.42% -65.25%
TOTAL ASSETS
Total Short-Term Assets $5.080M $5.303M $4.958M
Total Long-Term Assets $10.52M $21.06M $21.25M
Total Assets $15.60M $26.37M $26.21M
YoY Change -43.79% -51.52% -61.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.950M $2.017M $1.348M
YoY Change 87.98% 36.37% 0.96%
Accrued Expenses $960.0K $1.580M $1.630M
YoY Change -52.0% -6.51% 19.85%
Deferred Revenue
YoY Change
Short-Term Debt $3.980M $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $1.550M $1.331M $710.0K
YoY Change 105.37% 186.73% 18.99%
Total Short-Term Liabilities $9.450M $4.926M $3.680M
YoY Change 149.38% 9.84% 11.91%
LONG-TERM LIABILITIES
Long-Term Debt $2.240M $6.689M $7.280M
YoY Change -69.89% -4.82% 8.98%
Other Long-Term Liabilities $60.00K $539.6K $540.0K
YoY Change -88.47% 7.32% 55.84%
Total Long-Term Liabilities $2.300M $7.229M $7.820M
YoY Change -71.1% -4.01% 11.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.450M $4.926M $3.680M
Total Long-Term Liabilities $2.300M $7.229M $7.820M
Total Liabilities $11.91M $12.16M $11.65M
YoY Change 1.37% 1.16% 12.94%
SHAREHOLDERS EQUITY
Retained Earnings -$87.67M
YoY Change 82.95%
Common Stock $1.012M $102.3M
YoY Change -98.99% 1.97%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.690M $14.05M $14.56M
YoY Change
Total Liabilities & Shareholders Equity $15.60M $26.37M $26.21M
YoY Change -43.79% -51.52% -61.31%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2015 Q1
OPERATING ACTIVITIES
Net Income -$10.76M -$860.4K -$1.647M
YoY Change -61.14% -89.34% -46.1%
Depreciation, Depletion And Amortization $390.0K $400.0K $380.0K
YoY Change -71.11% -69.7% -70.99%
Cash From Operating Activities $190.0K -$240.0K -$528.9K
YoY Change -123.46% -50.0% 8.37%
INVESTING ACTIVITIES
Capital Expenditures -$40.00K -$60.00K $27.79K
YoY Change -20.0% -50.0% -79.32%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$50.00K -$60.00K -$27.79K
YoY Change 0.0% -50.0% -96.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $195.1K
YoY Change 24.67%
Cash From Financing Activities 50.00K 530.0K -$195.1K
YoY Change -96.15% -55.46% -108.21%
NET CHANGE
Cash From Operating Activities 190.0K -240.0K -$528.9K
Cash From Investing Activities -50.00K -60.00K -$27.79K
Cash From Financing Activities 50.00K 530.0K -$195.1K
Net Change In Cash 190.0K 230.0K -$751.8K
YoY Change -56.82% -61.02% -177.92%
FREE CASH FLOW
Cash From Operating Activities $190.0K -$240.0K -$528.9K
Capital Expenditures -$40.00K -$60.00K $27.79K
Free Cash Flow $230.0K -$180.0K -$556.7K
YoY Change -130.26% -50.0% -10.56%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.32
us-gaap Interest Expense
InterestExpense
252667 USD
CY2014Q4 us-gaap Cash
Cash
2343675 USD
CY2015Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
293043 USD
CY2014Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
355793 USD
CY2015Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2051744 USD
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2097671 USD
CY2015Q3 us-gaap Inventory Net
InventoryNet
1239860 USD
CY2014Q4 us-gaap Inventory Net
InventoryNet
869262 USD
CY2015Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
471655 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
425671 USD
CY2015Q3 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
2499 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
2499 USD
CY2015Q3 us-gaap Assets Current
AssetsCurrent
5303497 USD
CY2014Q4 us-gaap Assets Current
AssetsCurrent
6094571 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5177053 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5016539 USD
CY2015Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
621049 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
686912 USD
CY2015Q3 us-gaap Goodwill
Goodwill
12046197 USD
CY2014Q4 us-gaap Goodwill
Goodwill
12046197 USD
CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3217472 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3908399 USD
CY2015Q3 us-gaap Assets
Assets
26365268 USD
CY2014Q4 us-gaap Assets
Assets
27752618 USD
CY2015Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
2016693 USD
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1037359 USD
CY2015Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1578878 USD
CY2014Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1997241 USD
CY2015Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1330604 USD
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
754745 USD
CY2015Q3 us-gaap Liabilities Current
LiabilitiesCurrent
4926175 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
148258 USD
CY2015Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.02
CY2014Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.19
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.08
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3789345 USD
CY2015Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6689483 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
7439036 USD
CY2015Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
539630 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
520180 USD
CY2015Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
162469 USD
CY2015Q3 us-gaap Common Stock Value
CommonStockValue
1012412 USD
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
101012659 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-61180 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-86019128 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
15855799 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
27752618 USD
CY2015Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.02
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.02
CY2015Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2015Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
50620585 shares
CY2015Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
50620585 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
46172404 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
46172404 shares
CY2015Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
3975259 USD
CY2014Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
4489460 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
10678456 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
12060221 USD
CY2015Q3 us-gaap License And Services Revenue
LicenseAndServicesRevenue
444734 USD
CY2014Q3 us-gaap License And Services Revenue
LicenseAndServicesRevenue
474834 USD
us-gaap License And Services Revenue
LicenseAndServicesRevenue
1367168 USD
CY2015Q3 us-gaap Revenues
Revenues
4419993 USD
CY2014Q3 us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
3111062 USD
us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
7205723 USD
us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
8505957 USD
CY2015Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2226325 USD
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2461902 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
7071153 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8149881 USD
CY2015Q3 us-gaap Cost Of Goods Sold Depreciation Depletion And Amortization
CostOfGoodsSoldDepreciationDepletionAndAmortization
404774 USD
CY2014Q3 us-gaap Cost Of Goods Sold Depreciation Depletion And Amortization
CostOfGoodsSoldDepreciationDepletionAndAmortization
1321536 USD
us-gaap Cost Of Goods Sold Depreciation Depletion And Amortization
CostOfGoodsSoldDepreciationDepletionAndAmortization
1174900 USD
us-gaap Cost Of Goods Sold Depreciation Depletion And Amortization
CostOfGoodsSoldDepreciationDepletionAndAmortization
3923220 USD
CY2015Q3 us-gaap Operating Expenses
OperatingExpenses
5187143 USD
us-gaap Interest Expense
InterestExpense
257263 USD
CY2014Q3 us-gaap Operating Expenses
OperatingExpenses
18644028 USD
us-gaap Operating Expenses
OperatingExpenses
15451776 USD
us-gaap Operating Expenses
OperatingExpenses
32328586 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-767150 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-13679734 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-3406152 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-18853170 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
88551 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
88812 USD
CY2015Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
USD
CY2014Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-19096 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-51915 USD
CY2015Q3 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
USD
CY2014Q3 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
146283 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-855701 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-13768546 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3536228 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-19157752 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4737 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-999567 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14211 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-990093 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
-860438 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
-12768979 USD
us-gaap Profit Loss
ProfitLoss
-3550439 USD
us-gaap Profit Loss
ProfitLoss
-18167659 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
USD
CY2014Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4700000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4700000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
-860438 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
-8068979 USD
us-gaap Net Income Loss
NetIncomeLoss
-3550439 USD
us-gaap Net Income Loss
NetIncomeLoss
-13467659 USD
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-22009 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
8955 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-19450 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-16262 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-882447 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-12760024 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-3569889 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-18183921 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-4700000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-4700000 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-882447 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-8060024 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3569889 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-13483921 USD
CY2015Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
46813768 shares
CY2014Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
42213654 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
46453962 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
42060015 shares
CY2014Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
11749528 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
11749528 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1174900 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3923220 USD
us-gaap Share Based Compensation
ShareBasedCompensation
842265 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1105395 USD
us-gaap Paid In Kind Interest
PaidInKindInterest
68000 USD
us-gaap Paid In Kind Interest
PaidInKindInterest
30000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
46283 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
30010 USD
dss Net Loss On Debt Modification
NetLossOnDebtModification
-19096 USD
dss Net Loss On Debt Modification
NetLossOnDebtModification
USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
14211 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-990093 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
29400 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2305 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-45927 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-293927 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
370598 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
330944 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-19879 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
210504 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-62750 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-108707 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
979334 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
48669 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-396513 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
831239 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-1166871 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-1580810 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
118497 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
257764 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
46283 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
750000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
990 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1216063 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-73204 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-2223827 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-158087 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
737240 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
457303 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
4041000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
878336 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
301973 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
141096 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
3727583 USD
us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
-1098979 USD
us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
-77054 USD
CY2013Q4 us-gaap Cash
Cash
1977031 USD
CY2014Q3 us-gaap Cash
Cash
1899977 USD
us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
81000 USD
CY2014 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
61000 USD
CY2015Q3 invest Derivative Notional Amount
DerivativeNotionalAmount
1036000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
3000000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><b><i>Use of Estimates - </i></b>The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates and assumptions. In preparing these financial statements, the Company has evaluated events and transactions for potential recognition or disclosure.</font></p> </div>
CY2015Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6707123 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3489651 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6706133 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2797734 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11696657 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12077804 shares
CY2015Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
51756948 shares
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><b><i>Concentration of Credit Risk </i></b><i>-</i> The Company maintains its cash in bank deposit accounts, which at times may exceed federally insured limits.&#160; The Company believes it is not exposed to any significant credit risk as a result of any non-performance by the financial institutions.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"><font style="font-size: 10pt; font-family: 'times new roman', times;">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"><font style="font-size: 10pt; font-family: 'times new roman', times;">During the nine months ended September 30, </font>2015<font style="font-size: 10pt; font-family: 'times new roman', times;"> and 2014, one customer accounted for <font>23</font>% and <font>31</font>%, respectively, of the Company's consolidated revenue and accounted for <font>16</font>% and <font>20</font>%, respectively, of the Company's accounts receivable balance as of September 30, </font>2015<font style="font-size: 10pt; font-family: 'times new roman', times;"> and December 31, 2014. The risk with respect to accounts receivables is mitigated by credit evaluations the Company performs on its customers, the short duration of its payment terms for the significant majority of its customer contracts and by the diversification of its customer base.</font></p> </div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"><font style="font-size: 10pt; font-family: 'times new roman', times;"><b><i>Reclassifications</i></b> - Certain prior year amounts have been reclassified to conform to the current year presentation.</font></p> </div>
CY2015Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
800000 USD
CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
572695 USD
CY2015Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
175123 USD
dei Entity Central Index Key
EntityCentralIndexKey
0000771999
CY2015Q3 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
950000 USD
CY2015Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
878255 USD
CY2014Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
123611 USD
CY2015Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
186482 USD
CY2014Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
172956 USD
CY2014Q1 us-gaap Investment Owned Balance Shares
InvestmentOwnedBalanceShares
594530 shares
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
691917 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3474781 USD
CY2015Q1 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
22285000 USD
CY2015Q1 us-gaap Goodwill
Goodwill
12000000 USD
CY2015Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
730000 USD
CY2015Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
4318181 shares
CY2015Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.22
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
950000 shares
CY2015Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
100000 shares
CY2015Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
41000 USD
CY2015Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
30000 shares
CY2015Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
11000 USD
CY2015Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.40
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Period End Date
DocumentPeriodEndDate
2015-09-30
dei Document Type
DocumentType
10-Q
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Entity Registrant Name
EntityRegistrantName
DOCUMENT SECURITY SYSTEMS INC
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
53550 shares
CY2015Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.60
CY2015Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
6000 USD
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.726 pure
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0166 pure
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
dss Share Based Compensation Diluted Earnings Per Share
ShareBasedCompensationDilutedEarningsPerShare
0.02
dss Share Based Compensation Diluted Earnings Per Share
ShareBasedCompensationDilutedEarningsPerShare
0.03
CY2015Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
248000 USD
CY2015Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
536000 USD
CY2015Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
863638 shares
CY2015Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
227273 shares
CY2015Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.40
CY2015Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
28000 USD
CY2011Q4 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
10000000 USD
us-gaap Interest Paid
InterestPaid
189000 USD
us-gaap Interest Paid
InterestPaid
255000 USD
us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-19000 USD
us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-16000 USD
dss Settlement Of Accrued Liabilities With Related Parties With Equity
SettlementOfAccruedLiabilitiesWithRelatedPartiesWithEquity
USD
dss Settlement Of Accrued Liabilities With Related Parties With Equity
SettlementOfAccruedLiabilitiesWithRelatedPartiesWithEquity
134000 USD
dss Financing Of Equipment Purchase
FinancingOfEquipmentPurchase
525000 USD
dss Financing Of Equipment Purchase
FinancingOfEquipmentPurchase
USD
dss Financing Of Building Improvements
FinancingOfBuildingImprovements
USD
dss Financing Of Building Improvements
FinancingOfBuildingImprovements
200000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-4500000 USD
us-gaap Escrow Deposits Related To Property Sales
EscrowDepositsRelatedToPropertySales
USD
us-gaap Escrow Deposits Related To Property Sales
EscrowDepositsRelatedToPropertySales
150000 USD
CY2014Q3 us-gaap Assets
Assets
54389000 USD
CY2015Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
105000 USD
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.814 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1136363 shares
CY2015Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.22
CY2015Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
250000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.814 pure
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2015Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2020000 USD
CY2015Q3 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
5735
us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
6122 USD

Files In Submission

Name View Source Status
0001144204-15-065332-index-headers.html Edgar Link pending
0001144204-15-065332-index.html Edgar Link pending
0001144204-15-065332.txt Edgar Link pending
0001144204-15-065332-xbrl.zip Edgar Link pending
dss-20150930.xml Edgar Link completed
dss-20150930.xsd Edgar Link pending
dss-20150930_cal.xml Edgar Link unprocessable
dss-20150930_def.xml Edgar Link unprocessable
dss-20150930_lab.xml Edgar Link unprocessable
dss-20150930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx 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
R33.htm Edgar Link pending
R34.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
tlogo.jpg Edgar Link pending
v423217_10q.htm Edgar Link pending
v423217_ex31-1.htm Edgar Link pending
v423217_ex31-2.htm Edgar Link pending
v423217_ex32-1.htm Edgar Link pending
v423217_ex32-2.htm Edgar Link pending