$KOSS
KOSS CORP

2020 Q2 Form 10-Q Financial Statement

#000143774920010098 Filed on May 08, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2020 Q1 2019 Q1
Revenue $3.950M $4.789M $4.860M
YoY Change -31.78% -1.46% 12.33%
Cost Of Revenue $2.590M $3.200M $3.205M
YoY Change -36.98% -0.17% -5.09%
Gross Profit $1.360M $1.590M $1.655M
YoY Change -18.56% -3.95% 63.33%
Gross Profit Margin 34.43% 33.19% 34.06%
Selling, General & Admin $1.210M $1.688M $1.540M
YoY Change -26.67% 9.56% -13.04%
% of Gross Profit 88.97% 106.16% 93.06%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $70.00K $70.00K $90.00K
YoY Change -22.22% -22.22% -30.77%
% of Gross Profit 5.15% 4.4% 5.44%
Operating Expenses $1.210M $1.688M $1.540M
YoY Change -27.11% 9.56% -13.04%
Operating Profit $150.0K -$97.90K $114.9K
YoY Change 1400.0% -185.23% -115.16%
Interest Expense $0.00 $6.631K $0.00
YoY Change
% of Operating Profit 0.0% 0.0%
Other Income/Expense, Net
YoY Change
Pretax Income $150.0K -$91.27K $114.9K
YoY Change 650.0% -179.46% -115.16%
Income Tax $0.00 $6.104K -$23.02K
% Of Pretax Income 0.0% -20.04%
Net Earnings $160.0K -$97.37K $137.9K
YoY Change 700.0% -170.62% -118.09%
Net Earnings / Revenue 4.05% -2.03% 2.84%
Basic Earnings Per Share -$0.01 $0.02
Diluted Earnings Per Share $21.62K -$0.01 $0.02
COMMON SHARES
Basic Shares Outstanding 7.405M 7.405M 7.405M
Diluted Shares Outstanding 7.405M 7.405M

Balance Sheet

Concept 2020 Q2 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.000M $2.060M $2.720M
YoY Change 79.37% -24.26% 73.25%
Cash & Equivalents $3.999M $2.064M $2.723M
Short-Term Investments
Other Short-Term Assets $270.0K $390.0K $280.0K
YoY Change 107.69% 39.29% -15.15%
Inventory $5.539M $4.992M $6.730M
Prepaid Expenses
Receivables $2.317M $3.553M $2.812M
Other Receivables $10.00K $10.00K $40.00K
Total Short-Term Assets $12.14M $11.01M $12.58M
YoY Change -6.02% -12.51% 11.42%
LONG-TERM ASSETS
Property, Plant & Equipment $983.6K $1.023M $913.8K
YoY Change 10.51% 11.93% -28.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.459M $9.489M $9.458M
YoY Change 0.3% 0.33% 49.24%
Total Long-Term Assets $10.44M $10.51M $10.37M
YoY Change 1.18% 1.35% 36.28%
TOTAL ASSETS
Total Short-Term Assets $12.14M $11.01M $12.58M
Total Long-Term Assets $10.44M $10.51M $10.37M
Total Assets $22.58M $21.52M $22.95M
YoY Change -2.82% -6.25% 21.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $827.7K $409.1K $1.207M
YoY Change -42.38% -66.11% 45.7%
Accrued Expenses $580.1K $634.9K $741.1K
YoY Change -10.82% -14.33% -50.83%
Deferred Revenue $423.6K $439.3K
YoY Change -34.37%
Short-Term Debt $506.7K $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.615M $1.757M $2.817M
YoY Change -12.77% -37.63% 20.61%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.810M $4.890M $5.220M
YoY Change -6.96% -6.32% 3175.38%
Total Long-Term Liabilities $4.809M $4.886M $5.220M
YoY Change -6.9% -6.41% 110.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.615M $1.757M $2.817M
Total Long-Term Liabilities $4.809M $4.886M $5.220M
Total Liabilities $7.424M $6.643M $8.038M
YoY Change -9.05% -17.35% 66.93%
SHAREHOLDERS EQUITY
Retained Earnings $8.236M $8.078M $8.788M
YoY Change -5.35% -8.08% 4.85%
Common Stock $6.920M $6.798M $6.128M
YoY Change 8.63% 10.94% 7.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $15.16M $14.88M $14.92M
YoY Change
Total Liabilities & Shareholders Equity $22.58M $21.52M $22.95M
YoY Change -2.82% -6.25% 21.43%

Cashflow Statement

Concept 2020 Q2 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $160.0K -$97.37K $137.9K
YoY Change 700.0% -170.62% -118.09%
Depreciation, Depletion And Amortization $70.00K $70.00K $90.00K
YoY Change -22.22% -22.22% -30.77%
Cash From Operating Activities $1.460M -$10.00K $490.0K
YoY Change -439.53% -102.04% -56.64%
INVESTING ACTIVITIES
Capital Expenditures -$30.00K -$150.0K -$10.00K
YoY Change -57.14% 1400.0% -50.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change
Cash From Investing Activities -$40.00K -$150.0K $0.00
YoY Change -42.86% -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 510.0K 0.000 0.000
YoY Change
NET CHANGE
Cash From Operating Activities 1.460M -10.00K 490.0K
Cash From Investing Activities -40.00K -150.0K 0.000
Cash From Financing Activities 510.0K 0.000 0.000
Net Change In Cash 1.930M -160.0K 490.0K
YoY Change -486.0% -132.65% -55.86%
FREE CASH FLOW
Cash From Operating Activities $1.460M -$10.00K $490.0K
Capital Expenditures -$30.00K -$150.0K -$10.00K
Free Cash Flow $1.490M $140.0K $500.0K
YoY Change -513.89% -72.0% -56.52%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Shell Company
EntityShellCompany
false
dei Security12b Title
Security12bTitle
Common
CY2020Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
7404831
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Document Period End Date
DocumentPeriodEndDate
2020-03-31
dei Document Type
DocumentType
10-Q
koss Lease Extension Per Year
LeaseExtensionPerYear
380000
CY2020Q1 koss Number Of Major Vendors
NumberOfMajorVendors
4
CY2020Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
409081
CY2019Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1436373
CY2020Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3553376
CY2019Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3655143
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
634897
CY2019Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
650513
CY2019Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
6333135
CY2020Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
6761363
CY2019Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
6333135
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
428228
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
383425
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
143334
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
132256
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8758
CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2617
CY2020Q1 us-gaap Assets
Assets
21519300
CY2019Q2 us-gaap Assets
Assets
23235282
CY2020Q1 us-gaap Assets Current
AssetsCurrent
11007635
CY2019Q2 us-gaap Assets Current
AssetsCurrent
12914422
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2063963
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2228282
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1081533
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2722895
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-164319
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1641362
CY2020Q1 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
6838982
CY2019Q2 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
6569628
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.005
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.005
CY2020Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000
CY2020Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7404831
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7404831
CY2020Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7404831
CY2019Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7404831
CY2020Q1 us-gaap Common Stock Value
CommonStockValue
37024
CY2019Q2 us-gaap Common Stock Value
CommonStockValue
37024
CY2018Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
859370
CY2019Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
763252
CY2020Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
439302
CY2019Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
645470
CY2020Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
165226
CY2019Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
163018
CY2020Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
367198
CY2019Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
424574
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3199665
CY2019Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3205039
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
10061544
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
10907425
us-gaap Deferred Compensation Arrangement With Individual Distribution Paid
DeferredCompensationArrangementWithIndividualDistributionPaid
112500
us-gaap Deferred Compensation Arrangement With Individual Distribution Paid
DeferredCompensationArrangementWithIndividualDistributionPaid
112500
CY2020Q1 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
2344478
CY2019Q2 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
2419962
CY2020Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
CY2019Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
13276
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
13276
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-13277
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
258401
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
336946
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2020Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
1366897
CY2019Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
1093712
CY2020Q1 us-gaap Gross Profit
GrossProfit
1589776
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-96118
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
37016
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
131965
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-35426
CY2019Q1 us-gaap Gross Profit
GrossProfit
1655208
us-gaap Gross Profit
GrossProfit
4301318
us-gaap Gross Profit
GrossProfit
5148888
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-91269
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
114860
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-617710
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
259604
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6104
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-23020
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6125
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-22995
CY2020Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
10234
CY2019Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
45660
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1027292
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-222292
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-110705
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1893559
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-15616
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-47835
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-203960
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
9776
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1859887
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
590987
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
254612
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
68539
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
594
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
8342
CY2020Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
6631
CY2019Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
19955
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
CY2020Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4622349
CY2019Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
6604408
CY2020Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
21519300
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
23235282
CY2020Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1757305
CY2020Q1 us-gaap Liabilities
Liabilities
6642806
CY2019Q2 us-gaap Liabilities
Liabilities
8163181
CY2020Q1 us-gaap Inventory Gross
InventoryGross
6537656
CY2019Q2 us-gaap Inventory Gross
InventoryGross
8452748
CY2020Q1 us-gaap Inventory Net
InventoryNet
4991561
CY2019Q2 us-gaap Inventory Net
InventoryNet
6851448
CY2020Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
1915307
CY2019Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
1848340
CY2020Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1546095
CY2019Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1601300
CY2020Q1 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2019Q2 us-gaap Liabilities Current
LiabilitiesCurrent
2997799
CY2020Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
4885501
CY2019Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
5165382
us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
156398
us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
34801
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
46677
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-504107
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-241723
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
339788
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1836408
us-gaap Net Income Loss
NetIncomeLoss
-623835
us-gaap Net Income Loss
NetIncomeLoss
282599
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-97373
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
137880
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-97900
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
114860
us-gaap Operating Income Loss
OperatingIncomeLoss
-637665
us-gaap Operating Income Loss
OperatingIncomeLoss
259604
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
265443
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
274025
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2375797
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2582402
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2649823
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2847846
CY2020Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9488805
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9430750
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
112956
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
123076
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
391151
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
118647
CY2020Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
388501
CY2019Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
133889
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
46677
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1022860
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
890110
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-8938
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4039
CY2020Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
8078107
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
8701942
CY2020Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4789441
CY2019Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4860247
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
14362862
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
16056313
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1687676
CY2019Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1540348
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4938983
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4889284
us-gaap Share Based Compensation
ShareBasedCompensation
428228
us-gaap Share Based Compensation
ShareBasedCompensation
383425
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
46677
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
14876494
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
14203754
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
15072101
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
14916455
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
14830533
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
14646319
CY2019Q1 us-gaap Tax Cuts And Jobs Act Of2017 Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncomeTaxExpenseBenefit
23020
us-gaap Tax Cuts And Jobs Act Of2017 Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncomeTaxExpenseBenefit
22995
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7404831
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7405425
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7404831
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7408110
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7404831
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7404831
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7404831
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7399768

Files In Submission

Name View Source Status
0001437749-20-010098-index-headers.html Edgar Link pending
0001437749-20-010098-index.html Edgar Link pending
0001437749-20-010098.txt Edgar Link pending
0001437749-20-010098-xbrl.zip Edgar Link pending
ex_176604.htm Edgar Link pending
ex_176605.htm Edgar Link pending
ex_176606.htm Edgar Link pending
ex_176607.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
koss-20200331.xml Edgar Link completed
koss-20200331.xsd Edgar Link pending
koss-20200331_cal.xml Edgar Link unprocessable
koss-20200331_def.xml Edgar Link unprocessable
koss-20200331_lab.xml Edgar Link unprocessable
koss-20200331_pre.xml Edgar Link unprocessable
koss20200331_10q.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
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending