$KOSS
KOSS CORP Stock $koss

$koss Overview Financials Valuation SEC Filings Company Website

2017 Q2 Form 10-Q Financial Statement

#000005670117000015 Filed on May 12, 2017

Income Statement

Concept	2017 Q2	2017 Q1	2016 Q2
Revenue	$6.240M	$4.774M	$7.240M
YoY Change	-13.81%	-20.46%	26.57%
Cost Of Revenue	$4.450M	$3.824M	$4.720M
YoY Change	-5.72%	-1.7%	29.67%
Gross Profit	$1.800M	$950.3K	$2.520M
YoY Change	-28.57%	-55.01%	21.15%
Gross Profit Margin	28.85%	19.91%	34.81%
Selling, General & Admin	$1.870M	$1.966M	$2.100M
YoY Change	-10.95%	-6.65%	10.53%
% of Gross Profit	103.89%	206.85%	83.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$120.0K	$130.0K	$120.0K
YoY Change	0.0%	8.33%	0.0%
% of Gross Profit	6.67%	13.68%	4.76%
Operating Expenses	$1.870M	$1.966M	$2.100M
YoY Change	-10.95%	-6.65%	10.53%
Operating Profit	-$70.00K	-$1.015M	$420.0K
YoY Change	-116.67%	-15484.79%	133.33%
Interest Expense	$0.00	$0.00	$0.00
YoY Change
% of Operating Profit			0.0%
Other Income/Expense, Net
YoY Change
Pretax Income	-$70.00K	-$1.055M	$420.0K
YoY Change	-116.67%	-177.15%	82.61%
Income Tax	$0.00	$62.52K	$190.0K
% Of Pretax Income			45.24%
Net Earnings	-$70.00K	-$1.118M	$230.0K
YoY Change	-130.43%	-228.5%	-34.29%
Net Earnings / Revenue	-1.12%	-23.41%	3.18%
Basic Earnings Per Share		-$0.15
Diluted Earnings Per Share	-$9.485K	-$0.15	$31.17K
COMMON SHARES
Basic Shares Outstanding	7.383M shares	7.383M shares	7.383M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2017 Q2	2017 Q1	2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$430.0K	$750.0K	$740.0K
YoY Change	-41.89%	-18.48%	-26.0%
Cash & Equivalents	$432.3K	$754.2K	$735.4K
Short-Term Investments
Other Short-Term Assets	$210.0K	$370.0K	$280.0K
YoY Change	-25.0%	-82.71%	-20.0%
Inventory	$8.345M	$7.954M	$8.595M
Prepaid Expenses
Receivables	$3.932M	$2.950M	$3.531M
Other Receivables	$30.00K	$50.00K	$580.0K
Total Short-Term Assets	$12.95M	$12.09M	$13.73M
YoY Change	-5.67%	-18.75%	18.74%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.408M	$1.498M	$1.514M
YoY Change	-7.02%	1.44%	-4.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$9.067M	$9.011M	$8.880M
YoY Change	2.11%	21.52%	22.84%
Total Long-Term Assets	$10.48M	$10.51M	$10.39M
YoY Change	0.78%	18.18%	-4.35%
TOTAL ASSETS
Total Short-Term Assets	$12.95M	$12.09M	$13.73M
Total Long-Term Assets	$10.48M	$10.51M	$10.39M
Total Assets	$23.42M	$22.60M	$24.12M
YoY Change	-2.89%	-4.94%	7.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.243M	$1.415M	$1.967M
YoY Change	14.06%	-24.74%	-9.46%
Accrued Expenses	$1.149M	$1.264M	$1.602M
YoY Change	-28.24%	-27.87%	1.69%
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	$3.393M	$2.679M	$3.568M
YoY Change	-4.93%	-26.25%	-4.78%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$164.4K	$166.6K	$178.3K
YoY Change	-7.76%	-9.69%	-18.69%
Total Long-Term Liabilities	$2.459M	$2.358M	$2.366M
YoY Change	3.93%	4.29%	1.69%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.393M	$2.679M	$3.568M
Total Long-Term Liabilities	$2.459M	$2.358M	$2.366M
Total Liabilities	$5.851M	$5.037M	$5.934M
YoY Change	-1.4%	-14.53%	-2.3%
SHAREHOLDERS EQUITY
Retained Earnings	$12.11M	$12.19M	$13.08M
YoY Change	-7.37%	-5.14%	11.88%
Common Stock	$5.458M	$5.373M	$5.108M
YoY Change	6.85%	6.82%	9.52%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$17.57M	$17.56M	$18.19M
YoY Change
Total Liabilities & Shareholders Equity	$23.42M	$22.60M	$24.12M
YoY Change	-2.89%	-4.94%	7.55%

Cashflow Statement

Concept	2017 Q2	2017 Q1	2016 Q2
OPERATING ACTIVITIES
Net Income	-$70.00K	-$1.118M	$230.0K
YoY Change	-130.43%	-228.5%	-34.29%
Depreciation, Depletion And Amortization	$120.0K	$130.0K	$120.0K
YoY Change	0.0%	8.33%	0.0%
Cash From Operating Activities	-$290.0K	-$20.00K	-$30.00K
YoY Change	866.67%	-98.31%	-250.0%
INVESTING ACTIVITIES
Capital Expenditures	-$30.00K	-$30.00K	-$160.0K
YoY Change	-81.25%	0.0%	128.57%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$0.00
YoY Change
Cash From Investing Activities	-$40.00K	-$30.00K	-$160.0K
YoY Change	-75.0%	0.0%	166.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities	-290.0K	-20.00K	-30.00K
Cash From Investing Activities	-40.00K	-30.00K	-160.0K
Cash From Financing Activities
Net Change In Cash	-330.0K	-50.00K	-190.0K
YoY Change	73.68%	-95.87%	375.0%
FREE CASH FLOW
Cash From Operating Activities	-$290.0K	-$20.00K	-$30.00K
Capital Expenditures	-$30.00K	-$30.00K	-$160.0K
Free Cash Flow	-$260.0K	$10.00K	$130.0K
YoY Change	-300.0%	-100.87%	44.44%

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 Type DocumentType	10-Q
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Document Period End Date DocumentPeriodEndDate	2017-03-31
CY2017Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	7382706	shares
	dei	Entity Central Index Key EntityCentralIndexKey	0000056701
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2015Q4	dei	Entity Public Float EntityPublicFloat	5218856	USD
	dei	Entity Registrant Name EntityRegistrantName	KOSS CORP
	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2016Q2	koss	Accrued Returns AccruedReturns	140918	USD
CY2017Q1	koss	Accrued Returns AccruedReturns	42669	USD
CY2016Q2	koss	Cooperative Advertising And Promotion Allowances CooperativeAdvertisingAndPromotionAllowances	479645	USD
CY2017Q1	koss	Cooperative Advertising And Promotion Allowances CooperativeAdvertisingAndPromotionAllowances	453374	USD
CY2016Q2	koss	Customer Refund Liabilities Current CustomerRefundLiabilitiesCurrent	47753	USD
CY2017Q1	koss	Customer Refund Liabilities Current CustomerRefundLiabilitiesCurrent	50375	USD
	koss	Deferred Compensation Arrangement Distributions Paid DeferredCompensationArrangementDistributionsPaid	75000	USD
	koss	Deferred Compensation Arrangement Distributions Paid DeferredCompensationArrangementDistributionsPaid	112500	USD
CY2016Q1	koss	Gain Contingency Legal Fees GainContingencyLegalFees	1639074	USD
	koss	Gain Contingency Legal Fees GainContingencyLegalFees	1714074	USD
CY2017Q1	koss	Gain Contingency Legal Fees GainContingencyLegalFees	40000	USD
	koss	Gain Contingency Legal Fees GainContingencyLegalFees	77500	USD
CY2016Q1	koss	Gain Contingency Proceeds From Asset Forfeitures GainContingencyProceedsFromAssetForfeitures	25	USD
	koss	Gain Contingency Proceeds From Asset Forfeitures GainContingencyProceedsFromAssetForfeitures	75	USD
CY2017Q1	koss	Gain Contingency Proceeds From Asset Forfeitures GainContingencyProceedsFromAssetForfeitures	337	USD
	koss	Gain Contingency Proceeds From Asset Forfeitures GainContingencyProceedsFromAssetForfeitures	3741	USD
CY2016Q1	koss	Gaincontingencygrossproceedsfromlegalsettlements Gaincontingencygrossproceedsfromlegalsettlements	3000000	USD
	koss	Gaincontingencygrossproceedsfromlegalsettlements Gaincontingencygrossproceedsfromlegalsettlements	3000000	USD
CY2017Q1	koss	Gaincontingencygrossproceedsfromlegalsettlements Gaincontingencygrossproceedsfromlegalsettlements	0	USD
	koss	Gaincontingencygrossproceedsfromlegalsettlements Gaincontingencygrossproceedsfromlegalsettlements	0	USD
	koss	Operating Leases Annual Lease Commitment OperatingLeasesAnnualLeaseCommitment	380000	USD
	koss	Operating Leases Term OperatingLeasesTerm	P5Y
CY2016Q1	koss	Unauthorized Transaction Related Costs Recoveries Net UnauthorizedTransactionRelatedCostsRecoveriesNet	-1360951	USD
	koss	Unauthorized Transaction Related Costs Recoveries Net UnauthorizedTransactionRelatedCostsRecoveriesNet	-1286001	USD
CY2017Q1	koss	Unauthorized Transaction Related Costs Recoveries Net UnauthorizedTransactionRelatedCostsRecoveriesNet	39663	USD
	koss	Unauthorized Transaction Related Costs Recoveries Net UnauthorizedTransactionRelatedCostsRecoveriesNet	73759	USD
CY2016Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	1966656	USD
CY2017Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	1415050	USD
CY2016Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3530854	USD
CY2017Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2949894	USD
CY2016Q2	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	132950	USD
CY2017Q1	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	12000	USD
CY2016Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1601652	USD
CY2017Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1263515	USD
CY2016Q2	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	127329	USD
CY2017Q1	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	75750	USD
CY2016Q2	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	84550	USD
CY2017Q1	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	92104	USD
CY2016Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	5070956	USD
CY2017Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	5336524	USD
CY2016Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	121257	USD
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	366665	USD
CY2017Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	88523	USD
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	265568	USD
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CY2017Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	51416	USD
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2150000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2345000	shares
CY2016Q2	us-gaap	Assets Assets	24120471	USD
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CY2016Q2	us-gaap	Assets Current AssetsCurrent	13726338	USD
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CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1000266	USD
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CY2016Q2	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	5667105	USD
CY2017Q1	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	5988435	USD
CY2016Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.005
CY2017Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.005
CY2016Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2017Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2016Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7382706	shares
CY2017Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7382706	shares
CY2016Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7382706	shares
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CY2016Q2	us-gaap	Common Stock Value CommonStockValue	36914	USD
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CY2016Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	3889719	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	12341164	USD
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	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	12711146	USD
CY2016Q2	us-gaap	Deferred Compensation Liability Classified Noncurrent DeferredCompensationLiabilityClassifiedNoncurrent	2187714	USD
CY2017Q1	us-gaap	Deferred Compensation Liability Classified Noncurrent DeferredCompensationLiabilityClassifiedNoncurrent	2191545	USD
CY2016Q2	us-gaap	Deferred Compensation Liability Current DeferredCompensationLiabilityCurrent	150000	USD
CY2017Q1	us-gaap	Deferred Compensation Liability Current DeferredCompensationLiabilityCurrent	150000	USD
CY2016Q2	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	3212556	USD
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	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	303236	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	190016	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	367369	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	375786	USD
CY2016Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.16
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	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
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	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
CY2016Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	83113	USD
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	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-40710	USD
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-6230	USD
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	us-gaap	Gross Profit GrossProfit	6421498	USD
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	us-gaap	Gross Profit GrossProfit	5099272	USD
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	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-291981	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-551606	USD
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	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	44179	USD
	us-gaap	Increase Decrease In Deferred Compensation IncreaseDecreaseInDeferredCompensation	116331	USD
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	167927	USD
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	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-641211	USD
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	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	93147	USD
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CY2016Q2	us-gaap	Inventory Net InventoryNet	8595485	USD
CY2017Q1	us-gaap	Inventory Net InventoryNet	7954274	USD
CY2016Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	3466907	USD
CY2017Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	2936032	USD
CY2016Q2	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	2441448	USD
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CY2016Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	0	USD
CY2017Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	5098	USD
CY2016Q2	us-gaap	Liabilities Liabilities	5934277	USD
CY2017Q1	us-gaap	Liabilities Liabilities	5036709	USD
CY2016Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	24120471	USD
CY2017Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	22595212	USD
CY2016Q2	us-gaap	Liabilities Current LiabilitiesCurrent	3568308	USD
CY2017Q1	us-gaap	Liabilities Current LiabilitiesCurrent	2678565	USD
CY2016Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	2365969	USD
CY2017Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	2358144	USD
	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	142036	USD
	us-gaap	Life Insurance Corporate Or Bank Owned Change In Value LifeInsuranceCorporateOrBankOwnedChangeInValue	187563	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
CY2016Q2	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	0	USD
CY2017Q1	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	0	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-81963	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	18764	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-421414	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-498848	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	339451	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	517612	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	869686	USD
	us-gaap	Net Income Loss NetIncomeLoss	1155513	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	-1117582	USD
	us-gaap	Net Income Loss NetIncomeLoss	-893259	USD
CY2016Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	8879661	USD
CY2017Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	9010975	USD
CY2016Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	50119	USD
CY2017Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	91719	USD
CY2016Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	178255	USD
CY2017Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	166599	USD
	us-gaap	Payments To Acquire Life Insurance Policies PaymentsToAcquireLifeInsurancePolicies	129542	USD
	us-gaap	Payments To Acquire Life Insurance Policies PaymentsToAcquireLifeInsurancePolicies	133767	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	291872	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	365081	USD
CY2016Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	281099	USD
CY2017Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	374246	USD
	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	530446	USD
CY2016Q2	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	305275	USD
CY2017Q1	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	240081	USD
CY2016Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1514472	USD
CY2017Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1497537	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-20488	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-4843	USD
CY2016Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	13078324	USD
CY2017Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	12185065	USD
CY2016Q1	us-gaap	Sales Revenue Net SalesRevenueNet	6002059	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	18762662	USD
CY2017Q1	us-gaap	Sales Revenue Net SalesRevenueNet	4773915	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	17810418	USD
CY2016Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2105740	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5860601	USD
CY2017Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1965698	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5728860	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	410000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	485000	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	2.72
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	2.33
	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	366665	USD
	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	265568	USD
CY2016Q2	us-gaap	Stockholders Equity StockholdersEquity	18186194	USD
CY2017Q1	us-gaap	Stockholders Equity StockholdersEquity	17558503	USD
	us-gaap	Stockholders Equity Period Increase Decrease StockholdersEquityPeriodIncreaseDecrease	1522178	USD
	us-gaap	Stockholders Equity Period Increase Decrease StockholdersEquityPeriodIncreaseDecrease	-627691	USD
CY2016Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2017Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2017Q1	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
0000056701-17-000015-index-headers.html	Edgar Link	pending
0000056701-17-000015-index.html	Edgar Link	pending
0000056701-17-000015.txt	Edgar Link	pending
0000056701-17-000015-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
fy17q310-q.htm	Edgar Link	pending
koss-20170331.xml	Edgar Link	completed
koss-20170331.xsd	Edgar Link	pending
koss-20170331_cal.xml	Edgar Link	unprocessable
koss-20170331_def.xml	Edgar Link	unprocessable
koss-20170331_lab.xml	Edgar Link	unprocessable
koss-20170331_pre.xml	Edgar Link	unprocessable
kossexhibit3113312017.htm	Edgar Link	pending
kossexhibit3123312017.htm	Edgar Link	pending
kossexhibit3213312017.htm	Edgar Link	pending
kossexhibit3223312017.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
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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
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R25.htm	Edgar Link	pending
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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
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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

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$KOSS
KOSS CORP Stock $koss

2017 Q2 Form 10-Q Financial Statement

#000005670117000015 Filed on May 12, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KOSS KOSS CORP Stock $koss

2017 Q2 Form 10-Q Financial Statement

#000005670117000015 Filed on May 12, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KOSS
KOSS CORP Stock $koss