$KOSS
KOSS CORP Stock $koss

$koss Overview Financials Valuation SEC Filings Company Website

2016 Q1 Form 10-Q Financial Statement

#000005670116000055 Filed on January 29, 2016

Income Statement

Concept	2016 Q1	2015 Q4	2014 Q4
Revenue	$6.002M	$7.229M	$7.040M
YoY Change	0.01%	2.69%	7.91%
Cost Of Revenue	$3.890M	$4.567M	$4.630M
YoY Change	0.08%	-1.37%	4.6%
Gross Profit	$2.112M	$2.663M	$2.410M
YoY Change	-0.13%	10.48%	-198.87%
Gross Profit Margin	35.19%	36.83%	34.24%
Selling, General & Admin	$2.106M	$1.989M	$2.095M
YoY Change	5.38%	-5.04%	-26.8%
% of Gross Profit	99.69%	74.7%	86.91%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$120.0K	$130.0K	$170.0K
YoY Change	9.09%	-23.53%	-19.05%
% of Gross Profit	5.68%	4.88%	7.05%
Operating Expenses	$2.106M	$1.989M	$2.095M
YoY Change	5.32%	-5.04%	-29.56%
Operating Profit	$6.600K	$673.7K	$315.6K
YoY Change	-94.3%	113.5%	-105.83%
Interest Expense	$0.00	$757.00	$8.480K
YoY Change		-91.07%	-184.8%
% of Operating Profit	0.0%	0.11%	2.69%
Other Income/Expense, Net
YoY Change
Pretax Income	$1.368M	$635.5K	$307.1K
YoY Change	1080.92%	106.94%	-105.67%
Income Tax	$497.9K	$248.8K	$141.5K
% Of Pretax Income	36.41%	39.16%	46.08%
Net Earnings	$869.7K	$386.6K	$165.6K
YoY Change	1419.95%	133.49%	-104.8%
Net Earnings / Revenue	14.49%	5.35%	2.35%
Basic Earnings Per Share	$0.12	$0.05	$0.02
Diluted Earnings Per Share	$0.12	$0.05	$0.02
COMMON SHARES
Basic Shares Outstanding	7.383M shares	7.383M shares	7.383M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2016 Q1	2015 Q4	2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$920.0K	$2.130M	$750.0K
YoY Change	-11.54%	184.0%	-74.05%
Cash & Equivalents	$918.3K	$2.131M	$1.045M
Short-Term Investments
Other Short-Term Assets	$2.140M	$2.320M	$2.850M
YoY Change	-16.08%	-18.6%	18.75%
Inventory	$7.907M	$7.040M	$6.259M
Prepaid Expenses
Receivables	$3.536M	$2.514M	$2.986M
Other Receivables	$370.0K	$70.00K	$160.0K
Total Short-Term Assets	$14.88M	$14.07M	$13.01M
YoY Change	16.95%	8.13%	-30.14%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.476M	$1.595M	$1.732M
YoY Change	-10.62%	-7.87%	-19.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$7.415M	$7.559M	$7.137M
YoY Change	3.07%	5.92%	5.26%
Total Long-Term Assets	$8.892M	$9.154M	$8.868M
YoY Change	0.52%	3.23%	-0.64%
TOTAL ASSETS
Total Short-Term Assets	$14.88M	$14.07M	$13.01M
Total Long-Term Assets	$8.892M	$9.154M	$8.868M
Total Assets	$23.77M	$23.22M	$21.88M
YoY Change	10.21%	6.14%	-20.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.880M	$1.627M	$1.224M
YoY Change	36.49%	32.88%	-61.67%
Accrued Expenses	$1.752M	$2.440M	$2.275M
YoY Change	-1.63%	7.24%	-15.24%
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	$3.632M	$4.067M	$3.674M
YoY Change	8.96%	10.67%	-48.84%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$184.5K	$192.4K	$255.1K
YoY Change	-25.33%	-24.56%	-56.84%
Total Long-Term Liabilities	$2.261M	$2.272M	$2.576M
YoY Change	-5.44%	-11.78%	-10.6%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.632M	$4.067M	$3.674M
Total Long-Term Liabilities	$2.261M	$2.272M	$2.576M
Total Liabilities	$5.893M	$6.339M	$6.250M
YoY Change	2.94%	1.42%	-37.89%
SHAREHOLDERS EQUITY
Retained Earnings	$12.84M	$11.98M	$11.28M
YoY Change	13.32%	6.19%	-18.46%
Common Stock	$5.030M	$4.909M	$4.352M
YoY Change	11.6%	12.81%	18.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$17.88M	$16.88M	$15.63M
YoY Change
Total Liabilities & Shareholders Equity	$23.77M	$23.22M	$21.88M
YoY Change	10.21%	6.14%	-20.58%

Cashflow Statement

Concept	2016 Q1	2015 Q4	2014 Q4
OPERATING ACTIVITIES
Net Income	$869.7K	$386.6K	$165.6K
YoY Change	1419.95%	133.49%	-104.8%
Depreciation, Depletion And Amortization	$120.0K	$130.0K	$170.0K
YoY Change	9.09%	-23.53%	-19.05%
Cash From Operating Activities	-$1.180M	$2.560M	$1.970M
YoY Change	-457.58%	29.95%	-314.13%
INVESTING ACTIVITIES
Capital Expenditures	-$30.00K	-$210.0K	-$40.00K
YoY Change	-25.0%	425.0%	-80.0%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$0.00
YoY Change
Cash From Investing Activities	-$30.00K	-$210.0K	-$40.00K
YoY Change	-40.0%	425.0%	-80.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities			-1.300M
YoY Change			188.89%
NET CHANGE
Cash From Operating Activities	-1.180M	2.560M	1.970M
Cash From Investing Activities	-30.00K	-210.0K	-40.00K
Cash From Financing Activities			-1.300M
Net Change In Cash	-1.210M	2.350M	630.0K
YoY Change	-532.14%	273.02%	-140.13%
FREE CASH FLOW
Cash From Operating Activities	-$1.180M	$2.560M	$1.970M
Capital Expenditures	-$30.00K	-$210.0K	-$40.00K
Free Cash Flow	-$1.150M	$2.770M	$2.010M
YoY Change	-410.81%	37.81%	-379.17%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2015Q4	us-gaap	Net Income Loss NetIncomeLoss	386632	USD
	us-gaap	Net Income Loss NetIncomeLoss	285828	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Period End Date DocumentPeriodEndDate	2015-12-31
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000056701
CY2016Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	7382706	shares
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2014Q4	dei	Entity Public Float EntityPublicFloat	4566606	USD
	dei	Entity Registrant Name EntityRegistrantName	KOSS CORP
	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2015Q2	koss	Accrued Returns AccruedReturns	97026	USD
CY2015Q4	koss	Accrued Returns AccruedReturns	129009	USD
CY2015Q2	koss	Cooperative Advertising And Promotion Allowances CooperativeAdvertisingAndPromotionAllowances	400114	USD
CY2015Q4	koss	Cooperative Advertising And Promotion Allowances CooperativeAdvertisingAndPromotionAllowances	509836	USD
CY2015Q2	koss	Customer Refund Liabilities Current CustomerRefundLiabilitiesCurrent	261977	USD
CY2015Q4	koss	Customer Refund Liabilities Current CustomerRefundLiabilitiesCurrent	1044701	USD
	koss	Deferred Compensation Arrangement Distributions Paid DeferredCompensationArrangementDistributionsPaid	0	USD
	koss	Deferred Compensation Arrangement Distributions Paid DeferredCompensationArrangementDistributionsPaid	75000	USD
CY2015Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	2172254	USD
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	1626636	USD
CY2015Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2823980	USD
CY2015Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2514127	USD
CY2015Q2	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	71381	USD
CY2015Q4	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	85837	USD
CY2015Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1575027	USD
CY2015Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2440045	USD
CY2015Q2	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	70000	USD
CY2015Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	61500	USD
CY2015Q2	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	68890	USD
CY2015Q4	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	52429	USD
CY2015Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	4626781	USD
CY2015Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	4872189	USD
CY2014Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	155904	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	318491	USD
CY2015Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	129404	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	245408	USD
CY2015Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	26052	USD
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	12929	USD
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2376555	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2355000	shares
CY2015Q2	us-gaap	Assets Assets	22427013	USD
CY2015Q4	us-gaap	Assets Assets	23223380	USD
CY2015Q2	us-gaap	Assets Current AssetsCurrent	13605577	USD
CY2015Q4	us-gaap	Assets Current AssetsCurrent	14068941	USD
CY2014Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1899411	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	751154	USD
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1000266	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2131411	USD
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2015Q2	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	5359663	USD
CY2015Q4	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	5621337	USD
CY2015Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.005
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.005
CY2015Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2015Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7382706	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7382706	shares
CY2015Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7382706	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7382706	shares
CY2015Q2	us-gaap	Common Stock Value CommonStockValue	36914	USD
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	36914	USD
CY2014Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	4629843	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	8256612	USD
CY2015Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	4566518	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	8451445	USD
CY2015Q2	us-gaap	Deferred Compensation Liability Classified Noncurrent DeferredCompensationLiabilityClassifiedNoncurrent	2107486	USD
CY2015Q4	us-gaap	Deferred Compensation Liability Classified Noncurrent DeferredCompensationLiabilityClassifiedNoncurrent	2080023	USD
CY2015Q2	us-gaap	Deferred Compensation Liability Current DeferredCompensationLiabilityCurrent	150000	USD
CY2015Q4	us-gaap	Deferred Compensation Liability Current DeferredCompensationLiabilityCurrent	150000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	138799	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	46969	USD
CY2015Q2	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	2045316	USD
CY2015Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	1929757	USD
CY2015Q2	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	1869253	USD
CY2015Q4	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	1937843	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	328800	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	251936	USD
CY2014Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.02
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2015Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.04
CY2014Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.02
CY2015Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.04
CY2015Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	93568	USD
CY2015Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	77501	USD
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-3359	USD
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-4987	USD
CY2014Q4	us-gaap	Gross Profit GrossProfit	2410307	USD
	us-gaap	Gross Profit GrossProfit	4253024	USD
CY2015Q4	us-gaap	Gross Profit GrossProfit	2662823	USD
	us-gaap	Gross Profit GrossProfit	4309158	USD
CY2014Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	307081	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	153980	USD
CY2015Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	635477	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	473273	USD
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	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	83392	USD
CY2015Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	248845	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	187445	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-988835	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	800	USD
CY2015Q2	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	205531	USD
CY2015Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	65055	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1240639	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-545618	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-146035	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-324032	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-1578131	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	865018	USD
	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	735	USD
	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	47537	USD
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-943945	USD
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-140476	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-796090	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-142187	USD
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	1478298	USD
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-858995	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-81692	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-26806	USD
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	463906	USD
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	40294	USD
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2014Q4	us-gaap	Interest Expense InterestExpense	8480	USD
	us-gaap	Interest Expense InterestExpense	12813	USD
CY2015Q4	us-gaap	Interest Expense InterestExpense	757	USD
	us-gaap	Interest Expense InterestExpense	6075	USD
CY2014Q4	us-gaap	Interest Expense Debt InterestExpenseDebt	8480	USD
	us-gaap	Interest Expense Debt InterestExpenseDebt	12813	USD
CY2015Q4	us-gaap	Interest Expense Debt InterestExpenseDebt	757	USD
	us-gaap	Interest Expense Debt InterestExpenseDebt	6075	USD
	us-gaap	Interest Paid InterestPaid	11821	USD
	us-gaap	Interest Paid InterestPaid	6075	USD
CY2015Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	6246072	USD
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CY2015Q2	us-gaap	Inventory Gross InventoryGross	11620405	USD
CY2015Q4	us-gaap	Inventory Gross InventoryGross	11194741	USD
CY2015Q2	us-gaap	Inventory Net InventoryNet	7182440	USD
CY2015Q4	us-gaap	Inventory Net InventoryNet	7040253	USD
CY2015Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	5374333	USD
CY2015Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	5024629	USD
CY2015Q2	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	4437965	USD
CY2015Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	4154488	USD
CY2015Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	0	USD
CY2015Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	4894	USD
CY2015Q2	us-gaap	Liabilities Liabilities	6073994	USD
CY2015Q4	us-gaap	Liabilities Liabilities	6339125	USD
CY2015Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	22427013	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	23223380	USD
CY2015Q2	us-gaap	Liabilities Current LiabilitiesCurrent	3747281	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	4066681	USD
CY2015Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	2326713	USD
CY2015Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	2272444	USD
	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	105185	USD
	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	132293	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
CY2015Q2	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	0	USD
CY2015Q4	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	0	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-1148257	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	1131145	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-454850	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-389043	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-693407	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	1520188	USD
CY2014Q4	us-gaap	Net Income Loss NetIncomeLoss	165586	USD
	us-gaap	Net Income Loss NetIncomeLoss	70588	USD
CY2015Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	7228916	USD
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	7559180	USD
CY2015Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	49407	USD
CY2015Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	17828	USD
CY2015Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	219227	USD
CY2015Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	192421	USD
	us-gaap	Payments To Acquire Life Insurance Policies PaymentsToAcquireLifeInsurancePolicies	231620	USD
	us-gaap	Payments To Acquire Life Insurance Policies PaymentsToAcquireLifeInsurancePolicies	129381	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	223230	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	259662	USD
CY2015Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	348044	USD
CY2015Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	388338	USD
CY2015Q2	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	312664	USD
CY2015Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	311404	USD
CY2015Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1592520	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1595259	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	29304	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-14179	USD
CY2015Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	11689324	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	11975152	USD
CY2014Q4	us-gaap	Sales Revenue Net SalesRevenueNet	7040150	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	12509636	USD
CY2015Q4	us-gaap	Sales Revenue Net SalesRevenueNet	7229341	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	12760603	USD
CY2014Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2094746	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4086231	USD
CY2015Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2026589	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	3829810	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	410000	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	3.19
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	2.72
CY2015Q2	us-gaap	Stockholders Equity StockholdersEquity	16353019	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	16884255	USD
	us-gaap	Stockholders Equity Period Increase Decrease StockholdersEquityPeriodIncreaseDecrease	389079	USD
	us-gaap	Stockholders Equity Period Increase Decrease StockholdersEquityPeriodIncreaseDecrease	531236	USD
CY2015Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2015Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2015Q4	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	0	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
0000056701-16-000055-index-headers.html	Edgar Link	pending
0000056701-16-000055-index.html	Edgar Link	pending
0000056701-16-000055.txt	Edgar Link	pending
0000056701-16-000055-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
fy16q210-q.htm	Edgar Link	pending
koss-20151231.xml	Edgar Link	completed
koss-20151231.xsd	Edgar Link	pending
koss-20151231_cal.xml	Edgar Link	unprocessable
koss-20151231_def.xml	Edgar Link	unprocessable
koss-20151231_lab.xml	Edgar Link	unprocessable
koss-20151231_pre.xml	Edgar Link	unprocessable
kossexhibit31112312015.htm	Edgar Link	pending
kossexhibit31212312015.htm	Edgar Link	pending
kossexhibit32112312015.htm	Edgar Link	pending
kossexhibit32212312015.htm	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
R3.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

2016 Q1 Form 10-Q Financial Statement

#000005670116000055 Filed on January 29, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KOSS KOSS CORP Stock $koss

2016 Q1 Form 10-Q Financial Statement

#000005670116000055 Filed on January 29, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KOSS
KOSS CORP Stock $koss