$TSSI
TSS, Inc.

2015 Q3 Form 10-Q Financial Statement

#000114420415066058 Filed on November 16, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q3
Revenue $6.292M $6.213M
YoY Change 1.27% -39.63%
Cost Of Revenue $4.290M $4.051M
YoY Change 5.9% -49.88%
Gross Profit $2.000M $2.162M
YoY Change -7.49% -2.17%
Gross Profit Margin 31.79% 34.8%
Selling, General & Admin $2.383M $2.326M
YoY Change 2.45% -24.16%
% of Gross Profit 119.15% 107.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $99.00K $71.00K
YoY Change 39.44% -11.25%
% of Gross Profit 4.95% 3.28%
Operating Expenses $2.527M $2.455M
YoY Change 2.93% -22.31%
Operating Profit -$527.0K -$293.0K
YoY Change 79.86% -69.16%
Interest Expense $74.00K $73.00K
YoY Change 1.37% -214.06%
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00
YoY Change -100.0%
Pretax Income -$601.0K -$366.0K
YoY Change 64.21% -64.08%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$601.0K -$366.0K
YoY Change 64.21% -64.08%
Net Earnings / Revenue -9.55% -5.89%
Basic Earnings Per Share -$0.04
Diluted Earnings Per Share -$0.04 -$0.02
COMMON SHARES
Basic Shares Outstanding 15.63M shares 15.08M shares
Diluted Shares Outstanding 15.63M shares 15.08M shares

Balance Sheet

Concept 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $990.0K $910.0K
YoY Change 8.79% 54.24%
Cash & Equivalents $993.0K $907.0K
Short-Term Investments
Other Short-Term Assets $1.400M $1.560M
YoY Change -10.26% -10.34%
Inventory $70.00K $161.0K
Prepaid Expenses
Receivables $3.240M $5.930M
Other Receivables $0.00 $0.00
Total Short-Term Assets $5.710M $8.552M
YoY Change -33.23% -39.3%
LONG-TERM ASSETS
Property, Plant & Equipment $672.0K $604.0K
YoY Change 11.26% 54.06%
Goodwill $1.907M
YoY Change 0.02%
Intangibles $1.013M
YoY Change -14.38%
Long-Term Investments
YoY Change
Other Assets $70.00K $83.00K
YoY Change -15.66% -50.54%
Total Long-Term Assets $3.530M $3.607M
YoY Change -2.13% -1.17%
TOTAL ASSETS
Total Short-Term Assets $5.710M $8.552M
Total Long-Term Assets $3.530M $3.607M
Total Assets $9.240M $12.16M
YoY Change -24.01% -31.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.770M $4.650M
YoY Change 2.58% -33.29%
Accrued Expenses $929.0K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.390M $2.770M
YoY Change -49.82% -7.67%
Long-Term Debt Due $580.0K -$157.8K
YoY Change -467.45% 18.68%
Total Short-Term Liabilities $9.170M $10.53M
YoY Change -12.92% -19.41%
LONG-TERM LIABILITIES
Long-Term Debt $790.0K $575.0K
YoY Change 37.39% -21.54%
Other Long-Term Liabilities $10.00K $2.000K
YoY Change 400.0% -79.16%
Total Long-Term Liabilities $800.0K $577.0K
YoY Change 38.65% -22.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.170M $10.53M
Total Long-Term Liabilities $800.0K $577.0K
Total Liabilities $9.960M $11.11M
YoY Change -10.33% -19.57%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $2.000K
YoY Change 30.04%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.512M
YoY Change 0.02%
Treasury Stock Shares 644.0K shares 895.0K shares
Shareholders Equity -$730.0K $1.052M
YoY Change
Total Liabilities & Shareholders Equity $9.240M $12.16M
YoY Change -24.01% -31.45%

Cashflow Statement

Concept 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income -$601.0K -$366.0K
YoY Change 64.21% -64.08%
Depreciation, Depletion And Amortization $99.00K $71.00K
YoY Change 39.44% -11.25%
Cash From Operating Activities -$20.00K $860.0K
YoY Change -102.33% -131.39%
INVESTING ACTIVITIES
Capital Expenditures -$80.00K -$90.00K
YoY Change -11.11% -43.75%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$80.00K -$90.00K
YoY Change -11.11% -83.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 180.0K -1.250M
YoY Change -114.4% -260.26%
NET CHANGE
Cash From Operating Activities -20.00K 860.0K
Cash From Investing Activities -80.00K -90.00K
Cash From Financing Activities 180.0K -1.250M
Net Change In Cash 80.00K -480.0K
YoY Change -116.67% -80.72%
FREE CASH FLOW
Cash From Operating Activities -$20.00K $860.0K
Capital Expenditures -$80.00K -$90.00K
Free Cash Flow $60.00K $950.0K
YoY Change -93.68% -136.82%

Facts In Submission

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us-gaap Concentration Risk Credit Risk
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<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <i><font style="FONT-SIZE: 10pt">Concentration of Credit Risk</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">We are currently economically dependent upon our relationship with a large US-based IT Original Equipment Manufacturer (OEM). If this relationship is unsuccessful or discontinues, our business and revenue would suffer. The loss of or a significant reduction in orders from this customer or the failure to provide adequate products or services to them would significantly reduce our revenue. We also periodically perform large construction projects which may comprise a significant portion of our revenues during the construction phase, and which may cause large fluctuations in our quarterly revenues.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The following customers accounted for a significant percentage of our revenues for the periods shown:</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;CLEAR: both" align="center"> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;CLEAR: both" align="center"> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN:center; TEXT-INDENT: 0in; WIDTH: 100%" align="center"> <table style="MARGIN: 0px:auto; WIDTH: 97%; BORDER-COLLAPSE: collapse; OVERFLOW: visible" cellspacing="0" cellpadding="0" align="center"> <tr style="HEIGHT: 12px"> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="45%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div>&#160;</div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="24%" colspan="5"> <div>Three&#160;months&#160;ended&#160;Sept.&#160;30,</div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; 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FONT-WEIGHT: 400" width="45%"> <div>US-based IT OEM</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: times new roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>37</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="2%"> <div>%</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: right; 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PADDING-RIGHT: 5px; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>12</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>%</div> </td> </tr> <tr style="HEIGHT: 12px"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; PADDING-LEFT: 13px; FONT-FAMILY: times new roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="45%"> <div>US-based retail company</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: times new roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>20</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="2%"> <div>%</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div>&#160;</div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; PADDING-RIGHT: 5px; FONT-FAMILY: times new roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="10%"> <div>9</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #cceeff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="2%"> <div>%</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; 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Our US-based IT OEM customer represented <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 11</font>% of our accounts receivable at September 30, 2015 and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 29</font>% of our accounts receivable at December 31, 2014. A U.S.-based retail company represented <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 28</font>% of our accounts receivable at September 30, 2015, a US-based pharmaceutical company represented <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 11</font>% of our accounts receivable at September 30, 2015, and a US-based technology company represented <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 16</font>% of our accounts receivable at September 30, 2015. A US-based retail customer represented <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 13</font>% of our accounts receivable at December 31, 2014. No other customer represented more than <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 10</font></font>% of our accounts receivable at September 30, 2015 or at December 31, 2014.</font></div> </div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><i><font style="FONT-SIZE: 10pt">Revision of Prior Period Financial Statements</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><i><font style="FONT-SIZE: 10pt"> &#160;</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">During the three-month period ended September 30, 2015 we discovered an error that impacted the Company&#8217;s previously issued consolidated balance sheets. The error related to the cancellation of previously-issued restricted shares that had been reported as a treasury share transaction, resulting in an overstatement of both our issued number of shares outstanding and the number of treasury shares outstanding.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">In evaluating whether our previously issued consolidated balance sheets were materially misstated, we considered the guidance in ASC Topic 250, <i>Accounting Changes and Error Correction,</i> ASC Topic 250-10-S99-1. <i>Assessing Materiality,</i> and ASC Topic 250-10-S99-2<i>, Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements.</i> We concluded that this error was not material to any of the prior reporting periods and therefore, amendments of previously filed reports were not required. However the errors in our consolidated&#160;financial statements would impact comparisons to prior periods. As such the revision for the correction is reflected in the financial information of the applicable prior periods and will be reflected in future filings containing such financial information.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The consolidated&#160;balance sheet at December 31, 2014 reflects corrections to the number of common shares outstanding and the number of treasury shares outstanding, which were both overstated by <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 52,000</font> shares.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
18000 USD
CY2014Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
33000 USD
CY2015Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
3253000 USD
CY2014Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
3976000 USD
CY2015Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
14000 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
25000 USD
CY2015Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
56000 USD
CY2014Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
121000 USD
CY2015Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2215000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1932000 USD
CY2015Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1543000 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1262000 USD
CY2015Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1201000 USD
CY2014Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1201000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
325000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
222000 USD
CY2015Q3 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
2956000 USD
CY2014Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
3995000 USD
CY2015Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
929000 USD
CY2014Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
961000 USD
CY2015Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
593000 USD
CY2014Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
574000 USD
CY2015Q3 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
292000 USD
CY2014Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
17000 USD
CY2015Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
4770000 USD
CY2014Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
5547000 USD
CY2015Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
34000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
103000 USD
tssi Debt Instrument Payment Term One
DebtInstrumentPaymentTermOne
4% of the amount prepaid if the prepayment is made prior to February 3, 2016
tssi Debt Instrument Payment Term Two
DebtInstrumentPaymentTermTwo
2% of the amount prepaid if the prepayment is made between February 4, 2016 and February 3, 2017
tssi Debt Instrument Payment Term Three
DebtInstrumentPaymentTermThree
1% of the amount prepaid if the prepayment is made between February 4, 2017 and February 3, 2018
us-gaap Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
maturity date of February 3, 2020
CY2015Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.12 pure
CY2015Q3 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
793000 USD
CY2014Q4 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
575000 USD
us-gaap Lease Expiration Date1
LeaseExpirationDate1
2016-07-31
CY2014 tssi Corrections To Number Of Common Shares Outstanding And Number Of Treasury Shares Outstanding
CorrectionsToNumberOfCommonSharesOutstandingAndNumberOfTreasurySharesOutstanding
52000 shares
CY2015Q3 us-gaap Long Term Debt
LongTermDebt
1368000 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
724000 USD
CY2015Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
168000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3717000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2470000 shares
CY2014Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
69000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
207000 USD
CY2015Q3 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
25000 USD
us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
175000 USD

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