$KOSS
KOSS CORP Stock $koss

$koss Overview Financials Valuation SEC Filings Company Website

2015 Q2 Form 10-Q Financial Statement

#000005670115000013 Filed on May 08, 2015

Income Statement

Concept	2015 Q2	2015 Q1	2014 Q2
Revenue	$5.720M	$6.002M	$6.190M
YoY Change	-7.59%	39.56%	-37.54%
Cost Of Revenue	$3.640M	$3.886M	$5.500M
YoY Change	-33.82%	21.2%	-5.34%
Gross Profit	$2.080M	$2.115M	$700.0K
YoY Change	197.14%	93.4%	-82.89%
Gross Profit Margin	36.36%	35.24%	11.31%
Selling, General & Admin	$1.900M	$1.998M	$2.540M
YoY Change	-25.2%	-15.13%	-39.81%
% of Gross Profit	91.35%	94.47%	362.86%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$120.0K	$110.0K	$160.0K
YoY Change	-25.0%	-26.67%	-73.77%
% of Gross Profit	5.77%	5.2%	22.86%
Operating Expenses	$1.900M	$1.999M	$2.540M
YoY Change	-25.2%	-5.83%	-39.67%
Operating Profit	$180.0K	$115.8K	-$1.840M
YoY Change	-109.78%	-111.25%	1433.33%
Interest Expense	$0.00	$0.00	$0.00
YoY Change			-100.0%
% of Operating Profit	0.0%	0.0%
Other Income/Expense, Net	$0.00	$0.00	$0.00
YoY Change		-100.0%	-100.0%
Pretax Income	$230.0K	$115.8K	-$3.700M
YoY Change	-106.22%	-112.01%	-156.75%
Income Tax	-$120.0K	$58.59K	-$1.540M
% Of Pretax Income	-52.17%	50.59%
Net Earnings	$350.0K	$57.22K	-$2.150M
YoY Change	-116.28%	-327.77%	-146.64%
Net Earnings / Revenue	6.12%	0.95%	-34.73%
Basic Earnings Per Share		$0.01
Diluted Earnings Per Share	$47.43K	$0.01	-$291.3K
COMMON SHARES
Basic Shares Outstanding	7.383M shares	7.383M shares	7.383M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2015 Q2	2015 Q1	2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.000M	$1.040M	$1.900M
YoY Change	-47.37%	-62.18%	120.93%
Cash & Equivalents	$1.000M	$1.045M	$1.899M
Short-Term Investments
Other Short-Term Assets	$350.0K	$2.550M	$2.730M
YoY Change	-87.18%	28.14%	66.46%
Inventory	$7.182M	$6.070M	$7.055M
Prepaid Expenses
Receivables	$2.824M	$2.777M	$3.161M
Other Receivables	$210.0K	$270.0K	$1.110M
Total Short-Term Assets	$11.56M	$12.72M	$15.95M
YoY Change	-27.52%	-24.07%	-36.67%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.593M	$1.652M	$1.840M
YoY Change	-13.47%	-19.26%	-21.28%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$7.229M	$7.194M	$6.601M
YoY Change	9.52%	-1.85%	31.23%
Total Long-Term Assets	$10.87M	$8.846M	$8.441M
YoY Change	28.73%	-5.69%	-15.95%
TOTAL ASSETS
Total Short-Term Assets	$11.56M	$12.72M	$15.95M
Total Long-Term Assets	$10.87M	$8.846M	$8.441M
Total Assets	$22.43M	$21.57M	$24.39M
YoY Change	-8.05%	-17.47%	-30.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.172M	$1.378M	$2.465M
YoY Change	-11.87%	-32.63%	-8.23%
Accrued Expenses	$1.575M	$1.781M	$3.853M
YoY Change	-59.13%	-49.8%	-18.11%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.747M	$3.333M	$6.493M
YoY Change	-42.29%	-47.25%	-38.55%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$219.2K	$247.1K	$336.8K
YoY Change	-34.9%	-44.97%	-54.49%
Total Long-Term Liabilities	$2.327M	$2.391M	$2.657M
YoY Change	-12.43%	-8.78%	-18.76%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.747M	$3.333M	$6.493M
Total Long-Term Liabilities	$2.327M	$2.391M	$2.657M
Total Liabilities	$6.074M	$5.725M	$9.150M
YoY Change	-33.62%	-35.97%	-33.87%
SHAREHOLDERS EQUITY
Retained Earnings	$11.69M	$11.33M	$11.21M
YoY Change	4.31%	-15.17%	-38.05%
Common Stock	$4.664M	$4.508M	$4.033M
YoY Change	15.63%	17.7%	22.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$16.35M	$15.84M	$15.24M
YoY Change
Total Liabilities & Shareholders Equity	$22.43M	$21.57M	$24.39M
YoY Change	-8.05%	-17.47%	-30.76%

Cashflow Statement

Concept	2015 Q2	2015 Q1	2014 Q2
OPERATING ACTIVITIES
Net Income	$350.0K	$57.22K	-$2.150M
YoY Change	-116.28%	-327.77%	-146.64%
Depreciation, Depletion And Amortization	$120.0K	$110.0K	$160.0K
YoY Change	-25.0%	-26.67%	-73.77%
Cash From Operating Activities	$20.00K	$330.0K	-$350.0K
YoY Change	-105.71%	-2.94%	-136.46%
INVESTING ACTIVITIES
Capital Expenditures	-$70.00K	-$40.00K	-$60.00K
YoY Change	16.67%	0.0%	-62.5%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$0.00
YoY Change
Cash From Investing Activities	-$60.00K	-$50.00K	-$60.00K
YoY Change	0.0%	25.0%	-60.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	0.000	0.000	-440.0K
YoY Change	-100.0%	-100.0%	0.0%
NET CHANGE
Cash From Operating Activities	20.00K	330.0K	-350.0K
Cash From Investing Activities	-60.00K	-50.00K	-60.00K
Cash From Financing Activities	0.000	0.000	-440.0K
Net Change In Cash	-40.00K	280.0K	-850.0K
YoY Change	-95.29%	-300.0%	-329.73%
FREE CASH FLOW
Cash From Operating Activities	$20.00K	$330.0K	-$350.0K
Capital Expenditures	-$70.00K	-$40.00K	-$60.00K
Free Cash Flow	$90.00K	$370.0K	-$290.0K
YoY Change	-131.03%	-2.63%	-125.89%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	dei	Document Period End Date DocumentPeriodEndDate	2015-03-31
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000056701
CY2015Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	7382706	shares
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2013Q4	dei	Entity Public Float EntityPublicFloat	13728925	USD
	dei	Entity Registrant Name EntityRegistrantName	KOSS CORP
	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2014Q1	koss	Capitalizedsoftwareinventoryandrelateditemsimpairmentwritedown Capitalizedsoftwareinventoryandrelateditemsimpairmentwritedown	0	USD
	koss	Capitalizedsoftwareinventoryandrelateditemsimpairmentwritedown Capitalizedsoftwareinventoryandrelateditemsimpairmentwritedown	4535747	USD
CY2015Q1	koss	Capitalizedsoftwareinventoryandrelateditemsimpairmentwritedown Capitalizedsoftwareinventoryandrelateditemsimpairmentwritedown	0	USD
	koss	Capitalizedsoftwareinventoryandrelateditemsimpairmentwritedown Capitalizedsoftwareinventoryandrelateditemsimpairmentwritedown	0	USD
CY2014Q1	koss	Gain Contingency Legal Fees GainContingencyLegalFees	86391	USD
	koss	Gain Contingency Legal Fees GainContingencyLegalFees	306375	USD
CY2015Q1	koss	Gain Contingency Legal Fees GainContingencyLegalFees	37500	USD
	koss	Gain Contingency Legal Fees GainContingencyLegalFees	114992	USD
CY2014Q1	koss	Gain Contingency Proceeds From Asset Forfeitures GainContingencyProceedsFromAssetForfeitures	317553	USD
	koss	Gain Contingency Proceeds From Asset Forfeitures GainContingencyProceedsFromAssetForfeitures	1134082	USD
CY2015Q1	koss	Gain Contingency Proceeds From Asset Forfeitures GainContingencyProceedsFromAssetForfeitures	36422	USD
	koss	Gain Contingency Proceeds From Asset Forfeitures GainContingencyProceedsFromAssetForfeitures	36422	USD
CY2014Q1	koss	Interest Expense For Tax Positions Related To Unauthorized Transactions InterestExpenseForTaxPositionsRelatedToUnauthorizedTransactions	0	USD
	koss	Interest Expense For Tax Positions Related To Unauthorized Transactions InterestExpenseForTaxPositionsRelatedToUnauthorizedTransactions	16386	USD
CY2015Q1	koss	Interest Expense For Tax Positions Related To Unauthorized Transactions InterestExpenseForTaxPositionsRelatedToUnauthorizedTransactions	0	USD
	koss	Interest Expense For Tax Positions Related To Unauthorized Transactions InterestExpenseForTaxPositionsRelatedToUnauthorizedTransactions	0	USD
CY2014Q1	koss	Interest Reversals For Tax Positions Related To Unauthorized Transactions InterestReversalsForTaxPositionsRelatedToUnauthorizedTransactions	-65536	USD
	koss	Interest Reversals For Tax Positions Related To Unauthorized Transactions InterestReversalsForTaxPositionsRelatedToUnauthorizedTransactions	-65536	USD
CY2015Q1	koss	Interest Reversals For Tax Positions Related To Unauthorized Transactions InterestReversalsForTaxPositionsRelatedToUnauthorizedTransactions	0	USD
	koss	Interest Reversals For Tax Positions Related To Unauthorized Transactions InterestReversalsForTaxPositionsRelatedToUnauthorizedTransactions	0	USD
CY2014Q1	koss	Interestexpenserecoveriesrelatedtodebtandtaxpositions Interestexpenserecoveriesrelatedtodebtandtaxpositions	-65536	USD
	koss	Interestexpenserecoveriesrelatedtodebtandtaxpositions Interestexpenserecoveriesrelatedtodebtandtaxpositions	-49737	USD
CY2015Q1	koss	Interestexpenserecoveriesrelatedtodebtandtaxpositions Interestexpenserecoveriesrelatedtodebtandtaxpositions	0	USD
	koss	Interestexpenserecoveriesrelatedtodebtandtaxpositions Interestexpenserecoveriesrelatedtodebtandtaxpositions	12813	USD
	koss	Productdesigncostsandassumedliabilities Productdesigncostsandassumedliabilities	263503	USD
	koss	Software Development Expenditures Impairments SoftwareDevelopmentExpendituresImpairments	2308752	USD
CY2014Q1	koss	Unauthorized Transaction Related Costs And Recoveries Net UnauthorizedTransactionRelatedCostsAndRecoveriesNet	-231162	USD
	koss	Unauthorized Transaction Related Costs And Recoveries Net UnauthorizedTransactionRelatedCostsAndRecoveriesNet	-827707	USD
CY2015Q1	koss	Unauthorized Transaction Related Costs And Recoveries Net UnauthorizedTransactionRelatedCostsAndRecoveriesNet	1078	USD
	koss	Unauthorized Transaction Related Costs And Recoveries Net UnauthorizedTransactionRelatedCostsAndRecoveriesNet	78570	USD
CY2014Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	2464755	USD
CY2015Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	1377609	USD
CY2014Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3160887	USD
CY2015Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2776760	USD
CY2014Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3853473	USD
CY2015Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1780750	USD
CY2014Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	3996242	USD
CY2015Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	4470743	USD
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	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	0	USD
CY2014Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	172477	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	516829	USD
CY2015Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	156010	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	474501	USD
CY2014Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	20501	USD
CY2015Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	35865	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	364539	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	0	USD
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2186000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2280000	shares
CY2014Q2	us-gaap	Assets Assets	24389958	USD
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CY2014Q2	us-gaap	Assets Current AssetsCurrent	15948729	USD
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CY2013Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	859636	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2749204	USD
CY2014Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1899411	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1044578	USD
CY2014Q2	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	4977409	USD
CY2015Q1	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	5324142	USD
CY2014Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.06
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CY2015Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
CY2014Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.005
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CY2014Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2015Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2014Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7382706	shares
CY2015Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7382706	shares
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CY2015Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7382706	shares
CY2014Q2	us-gaap	Common Stock Value CommonStockValue	36914	USD
CY2015Q1	us-gaap	Common Stock Value CommonStockValue	36914	USD
CY2014Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	3206738	USD
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	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	12143055	USD
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	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-2434674	USD
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	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	926239	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-984494	USD
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-4336319	USD
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	us-gaap	Interest Expense Debt InterestExpenseDebt	12813	USD
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	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-359478	USD
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	-25121	USD
	us-gaap	Net Income Loss NetIncomeLoss	-3398560	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	57218	USD
	us-gaap	Interest Paid InterestPaid	2185	USD
	us-gaap	Interest Paid InterestPaid	12813	USD
CY2015Q1	us-gaap	Inventory Gross InventoryGross	10598108	USD
CY2014Q2	us-gaap	Inventory Net InventoryNet	7054932	USD
CY2015Q1	us-gaap	Inventory Net InventoryNet	6070438	USD
CY2014Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	5593159	USD
CY2015Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	5329231	USD
CY2014Q2	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	4865448	USD
CY2015Q1	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	4527670	USD
	us-gaap	Inventory Write Down InventoryWriteDown	1759710	USD
CY2014Q2	us-gaap	Liabilities Liabilities	9150091	USD
CY2015Q1	us-gaap	Liabilities Liabilities	5724693	USD
CY2014Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	24389958	USD
CY2015Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	21566867	USD
CY2014Q2	us-gaap	Liabilities Current LiabilitiesCurrent	6493228	USD
CY2015Q1	us-gaap	Liabilities Current LiabilitiesCurrent	3333359	USD
CY2014Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	2656863	USD
CY2015Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	2391334	USD
	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	86486	USD
	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	114952	USD
CY2010Q2	us-gaap	Line Of Credit Facility Capacity Available For Trade Purchases LineOfCreditFacilityCapacityAvailableForTradePurchases	2000000	USD
CY2010Q2	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	8000000	USD
CY2014Q3	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	5000000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	1889568	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-854833	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-1328887	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	0	USD
	us-gaap	Net Income Loss NetIncomeLoss	127806	USD
CY2014Q1	us-gaap	Operating Expenses OperatingExpenses	2123175	USD
	us-gaap	Operating Expenses OperatingExpenses	7272770	USD
CY2015Q1	us-gaap	Operating Expenses OperatingExpenses	1999309	USD
	us-gaap	Operating Expenses OperatingExpenses	6085540	USD
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1029540	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-6305410	USD
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	115804	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	282597	USD
CY2014Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	6600738	USD
CY2015Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	7194307	USD
CY2014Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	336772	USD
CY2015Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	247079	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	1328887	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	0	USD
	us-gaap	Payments To Acquire Life Insurance Policies PaymentsToAcquireLifeInsurancePolicies	243299	USD
	us-gaap	Payments To Acquire Life Insurance Policies PaymentsToAcquireLifeInsurancePolicies	231781	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	480497	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	263574	USD
CY2014Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	148200	USD
CY2015Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	531884	USD
CY2014Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1840491	USD
CY2015Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1651768	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-102567	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	43278	USD
CY2014Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	11206711	USD
CY2015Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	11334517	USD
CY2014Q1	us-gaap	Sales Revenue Net SalesRevenueNet	4300373	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	17648927	USD
CY2015Q1	us-gaap	Sales Revenue Net SalesRevenueNet	6001556	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	18511192	USD
CY2014Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2354337	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	8100477	USD
CY2015Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1998231	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	6006970	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	445000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	445000	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	5.64
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	3.19
CY2015Q1	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit	175000	USD
CY2014Q2	us-gaap	Stockholders Equity StockholdersEquity	15239867	USD
CY2015Q1	us-gaap	Stockholders Equity StockholdersEquity	15842174	USD
	us-gaap	Stockholders Equity Period Increase Decrease StockholdersEquityPeriodIncreaseDecrease	-4198186	USD
	us-gaap	Stockholders Equity Period Increase Decrease StockholdersEquityPeriodIncreaseDecrease	602307	USD
	us-gaap	Tangible Asset Impairment Charges TangibleAssetImpairmentCharges	203782	USD
CY2014Q2	us-gaap	Taxes Payable Current TaxesPayableCurrent	175000	USD
CY2015Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	175000	USD
CY2014Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	175000	USD
CY2015Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	175000	USD
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7382706	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7382706	shares

Files In Submission

Name	View Source	Status
0000056701-15-000013-index-headers.html	Edgar Link	pending
0000056701-15-000013-index.html	Edgar Link	pending
0000056701-15-000013.txt	Edgar Link	pending
0000056701-15-000013-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
koss-20150331.xml	Edgar Link	completed
koss-20150331.xsd	Edgar Link	pending
koss-20150331_cal.xml	Edgar Link	unprocessable
koss-20150331_def.xml	Edgar Link	unprocessable
koss-20150331_lab.xml	Edgar Link	unprocessable
koss-20150331_pre.xml	Edgar Link	unprocessable
kossexhibit31103312015.htm	Edgar Link	pending
kossexhibit31203312015.htm	Edgar Link	pending
kossexhibit32103312015.htm	Edgar Link	pending
kossexhibit32203312015.htm	Edgar Link	pending
q3fy1510-q.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
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R25.htm	Edgar Link	pending
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R28.htm	Edgar Link	pending
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R3.htm	Edgar Link	pending
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R33.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

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$KOSS
KOSS CORP Stock $koss

2015 Q2 Form 10-Q Financial Statement

#000005670115000013 Filed on May 08, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KOSS KOSS CORP Stock $koss

2015 Q2 Form 10-Q Financial Statement

#000005670115000013 Filed on May 08, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KOSS
KOSS CORP Stock $koss