$TSSI
TSS, Inc.

2018 Q3 Form 10-Q Financial Statement

#000143774918020815 Filed on November 14, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q4 2017 Q3
Revenue $6.371M $4.830M $4.898M
YoY Change 30.07% -33.38% -9.56%
Cost Of Revenue $3.855M $2.800M $2.820M
YoY Change 36.7% -43.78% -28.79%
Gross Profit $2.516M $2.030M $2.080M
YoY Change 20.96% -10.57% 42.37%
Gross Profit Margin 39.49% 42.03% 42.47%
Selling, General & Admin $1.654M $1.580M $1.578M
YoY Change 4.82% -14.59% -19.9%
% of Gross Profit 65.74% 77.83% 75.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $91.00K $110.0K $109.0K
YoY Change -16.51% -21.43% -32.3%
% of Gross Profit 3.62% 5.42% 5.24%
Operating Expenses $1.745M $1.690M $1.687M
YoY Change 3.44% -15.08% 38.17%
Operating Profit $771.0K $340.0K $393.0K
YoY Change 96.18% 21.43% 63.75%
Interest Expense $102.0K -$100.0K $82.00K
YoY Change 24.39% 0.0% 13.89%
% of Operating Profit 13.23% -29.41% 20.87%
Other Income/Expense, Net $0.00
YoY Change -100.0%
Pretax Income $669.0K $250.0K $311.0K
YoY Change 115.11% 47.06% 88.48%
Income Tax $17.00K $10.00K $13.00K
% Of Pretax Income 2.54% 4.0% 4.18%
Net Earnings $652.0K $239.0K $298.0K
YoY Change 118.79% 59.33% 80.61%
Net Earnings / Revenue 10.23% 4.95% 6.08%
Basic Earnings Per Share $0.04 $0.02
Diluted Earnings Per Share $0.03 $0.02 $0.02
COMMON SHARES
Basic Shares Outstanding 16.29M 15.50M
Diluted Shares Outstanding 19.57M 17.04M

Balance Sheet

Concept 2018 Q3 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.186M $2.270M $970.0K
YoY Change 228.45% 5.58% -1.02%
Cash & Equivalents $3.186M $2.268M $970.0K
Short-Term Investments
Other Short-Term Assets $528.0K $330.0K $380.0K
YoY Change 38.95% -58.23% -32.14%
Inventory $83.00K $134.0K $246.0K
Prepaid Expenses
Receivables $2.620M $990.0K $1.990M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $6.417M $3.729M $3.578M
YoY Change 79.35% -30.83% -25.3%
LONG-TERM ASSETS
Property, Plant & Equipment $408.0K $418.0K $420.0K
YoY Change -2.86% -23.16% -30.0%
Goodwill $1.907M $1.907M $1.907M
YoY Change 0.0% 0.0%
Intangibles $470.0K $561.0K $597.0K
YoY Change -21.27% -20.31%
Long-Term Investments
YoY Change
Other Assets $109.0K $112.0K $112.0K
YoY Change -2.68% 273.33% 273.33%
Total Long-Term Assets $2.894M $2.998M $3.036M
YoY Change -4.68% -5.87% -7.16%
TOTAL ASSETS
Total Short-Term Assets $6.417M $3.729M $3.578M
Total Long-Term Assets $2.894M $2.998M $3.036M
Total Assets $9.311M $6.727M $6.614M
YoY Change 40.78% -21.56% -17.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.602M $1.413M $1.741M
YoY Change -7.98% -61.31% -70.44%
Accrued Expenses $912.0K $847.0K $610.0K
YoY Change 49.51% -19.56%
Deferred Revenue $3.330M $2.494M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.418M $5.335M $5.907M
YoY Change 8.65% -41.5% -32.88%
LONG-TERM LIABILITIES
Long-Term Debt $1.795M $1.656M $1.411M
YoY Change 27.21% 100.73% 70.0%
Other Long-Term Liabilities $49.00K $41.00K $36.00K
YoY Change 36.11% -33.87% -10.0%
Total Long-Term Liabilities $1.844M $1.697M $1.447M
YoY Change 27.44% 91.32% 66.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.418M $5.335M $5.907M
Total Long-Term Liabilities $1.844M $1.697M $1.447M
Total Liabilities $8.388M $7.032M $7.354M
YoY Change 14.06% -29.73% -23.95%
SHAREHOLDERS EQUITY
Retained Earnings -$66.61M -$67.66M -$67.90M
YoY Change -1.9% -1.12%
Common Stock $2.000K $2.000K $2.000K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.538M $1.536M $1.533M
YoY Change 0.33% 0.26%
Treasury Stock Shares $722.0K $769.0K $759.0K
Shareholders Equity $923.0K -$305.0K -$740.0K
YoY Change
Total Liabilities & Shareholders Equity $9.311M $6.727M $6.614M
YoY Change 40.78% -21.56% -17.94%

Cashflow Statement

Concept 2018 Q3 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $652.0K $239.0K $298.0K
YoY Change 118.79% 59.33% 80.61%
Depreciation, Depletion And Amortization $91.00K $110.0K $109.0K
YoY Change -16.51% -21.43% -32.3%
Cash From Operating Activities -$77.00K $970.0K -$260.0K
YoY Change -70.38% 5.43% 8.33%
INVESTING ACTIVITIES
Capital Expenditures -$56.00K -$70.00K -$60.00K
YoY Change -6.67% 40.0% 0.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$56.00K -$70.00K -$60.00K
YoY Change -6.67% -135.0% -112.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.000K 400.0K 260.0K
YoY Change -99.62% 566.67% 36.84%
NET CHANGE
Cash From Operating Activities -77.00K 970.0K -260.0K
Cash From Investing Activities -56.00K -70.00K -60.00K
Cash From Financing Activities 1.000K 400.0K 260.0K
Net Change In Cash -132.0K 1.300M -60.00K
YoY Change 120.0% 10.17% -113.95%
FREE CASH FLOW
Cash From Operating Activities -$77.00K $970.0K -$260.0K
Capital Expenditures -$56.00K -$70.00K -$60.00K
Free Cash Flow -$21.00K $1.040M -$200.0K
YoY Change -89.5% 7.22% 11.11%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018Q3 tssi Dilutive Securities Effect On Basic Earnings Per Share Dilutive Convertible Securities Interest Expense
DilutiveSecuritiesEffectOnBasicEarningsPerShareDilutiveConvertibleSecuritiesInterestExpense
CY2017Q3 tssi Dilutive Securities Effect On Basic Earnings Per Share Dilutive Convertible Securities Interest Expense
DilutiveSecuritiesEffectOnBasicEarningsPerShareDilutiveConvertibleSecuritiesInterestExpense
tssi Dilutive Securities Effect On Basic Earnings Per Share Dilutive Convertible Securities Interest Expense
DilutiveSecuritiesEffectOnBasicEarningsPerShareDilutiveConvertibleSecuritiesInterestExpense
tssi Dilutive Securities Effect On Basic Earnings Per Share Dilutive Convertible Securities Interest Expense
DilutiveSecuritiesEffectOnBasicEarningsPerShareDilutiveConvertibleSecuritiesInterestExpense
tssi Warrants Issued With Debt Value
WarrantsIssuedWithDebtValue
tssi Warrants Issued With Debt Value
WarrantsIssuedWithDebtValue
39000
CY2018Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
3088000
CY2017Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2841000
CY2018Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
1602000
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1413000
CY2018Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
2628000
CY2017Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
998000
CY2018Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
912000
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
847000
CY2018Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1821000
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1620000
CY2018Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
69066000
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
68886000
CY2017Q3 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
104000
CY2017Q4 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
191000
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8000
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
64000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
22000
CY2018Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
24000
CY2017Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
36000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
91000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
108000
CY2017Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1548000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1548000
CY2018Q3 us-gaap Assets
Assets
9311000
CY2017Q4 us-gaap Assets
Assets
6727000
CY2018Q3 us-gaap Assets Current
AssetsCurrent
6417000
CY2017Q4 us-gaap Assets Current
AssetsCurrent
3729000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2268000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2152000
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3186000
CY2017Q4 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
223000
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
970000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
918000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1182000
CY2018Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
49000000
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
49000000
CY2018Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
16316000
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
16316000
CY2018Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
15544000
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
15547000
CY2018Q3 us-gaap Common Stock Value
CommonStockValue
2000
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
2000
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><div style="display: inline; font-style: italic;">Concentration of Credit Risk </div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;">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 materially suffer. The loss of or a significant reduction in orders from this customer or the failure to provide adequate products or services to it would significantly reduce our revenue.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;">The following customers accounted for a significant percentage of our revenues for the periods shown:&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;">&nbsp;</div> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin-right: 10%; margin-left: 36pt; font-size: 10pt; font-family: &quot;Times New Roman&quot;, Times, serif; text-indent: 0px; min-width: 700px;"> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Three months ended </div><div style="display: inline; font-weight: bold;">Sept. </div><div style="display: inline; font-weight: bold;">30,</div></div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="6" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">Nine</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">Months Ended </div><div style="display: inline; font-weight: bold;">Sept. </div><div style="display: inline; font-weight: bold;">30</div><div style="display: inline; font-weight: bold;">,</div></div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2018</div></div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">2017</div></div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">201</div><div style="display: inline; font-weight: bold;">8</div></div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td colspan="2" style="text-align: center; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0);"> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-weight: bold;">201</div><div style="display: inline; font-weight: bold;">7</div></div></div></div> </td> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; padding-bottom: 1px;">&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom;"> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> <td>&nbsp;</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; width: 44%;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">US-based IT OEM</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 11%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">66</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">%</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 11%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">65</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">%</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 11%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">69</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">%</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 11%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">63</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">%</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"> <div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">US-based IT services company</div> </td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 11%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">%</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 11%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">%</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 11%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">8</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">%</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;</td> <td style="width: 11%; text-align: right; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">8</div></td> <td nowrap="nowrap" style="width: 1%; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin-left: 0pt;">%</td> </tr> </table> </div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">No</div> other customers represented more than <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10%</div> of our revenues for any periods presented. Our US-based IT OEM customer represented <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">20%</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">26%</div> of our accounts receivable at <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> September 30, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017, </div>respectively. A US-based IT services company represented <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">41%</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">23%</div> of our accounts receivable at <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> September 30, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017, </div>respectively. A US-based data center operator represented <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">16%</div> of our accounts receivable at <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> September 30, 2018. </div>A US-based electronic equipment manufacturer represented <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">22%</div> of our accounts receivable at <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017. </div><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">No</div> other customer represented more than <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10%</div> of our accounts receivable at <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> September 30, 2018 </div>or at <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017.</div></div></div></div>
CY2018Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
3330000
CY2017Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2494000
CY2018Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
126000
CY2017Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
CY2018Q3 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
3855000
CY2017Q3 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
2818000
us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
10140000
us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
7792000
CY2018Q3 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
311000
CY2018Q3 us-gaap Depreciation
Depreciation
65000
CY2017Q3 us-gaap Depreciation
Depreciation
76000
us-gaap Depreciation
Depreciation
201000
us-gaap Depreciation
Depreciation
265000
CY2018Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
65000
CY2017Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
89000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
206000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
189000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
297000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
372000
CY2018Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
91000
CY2017Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
109000
us-gaap Income Taxes Paid
IncomeTaxesPaid
49000
us-gaap Income Taxes Paid
IncomeTaxesPaid
42000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2018Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
561000
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
567000
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
321000
CY2018Q3 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
CY2017Q3 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
CY2018Q3 us-gaap Goodwill
Goodwill
1907000
CY2017Q4 us-gaap Goodwill
Goodwill
1907000
CY2017 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2018Q3 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2018Q3 us-gaap Gross Profit
GrossProfit
2516000
CY2017Q3 us-gaap Gross Profit
GrossProfit
2080000
us-gaap Gross Profit
GrossProfit
6447000
us-gaap Gross Profit
GrossProfit
5693000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
669000
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
311000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1097000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
530000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17000
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
47000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
247000
CY2017Q4 us-gaap Liabilities
Liabilities
7032000
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9311000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
22000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-51000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6727000
us-gaap Interest Paid Net
InterestPaidNet
173000
us-gaap Interest Paid Net
InterestPaidNet
181000
CY2018Q3 us-gaap Inventory Net
InventoryNet
83000
CY2017Q4 us-gaap Inventory Net
InventoryNet
134000
CY2018Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
85000
CY2017Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
136000
CY2018Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2000
CY2017Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2000
CY2018Q3 us-gaap Liabilities
Liabilities
8388000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2557000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
962000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
331000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
75000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
187000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
8000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-26000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
100000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
96000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
1630000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-401000
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
88000
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
-434000
CY2018Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
3277000
CY2017Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
1538000
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
3029000
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
1013000
CY2018Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
CY2017Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
4000
CY2018Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
470000
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
561000
CY2018Q3 us-gaap Interest Expense
InterestExpense
102000
CY2017Q3 us-gaap Interest Expense
InterestExpense
82000
us-gaap Interest Expense
InterestExpense
306000
us-gaap Interest Expense
InterestExpense
233000
CY2018Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-102000
CY2017Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-82000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-306000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-233000
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
6418000
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
5335000
CY2018Q3 us-gaap Long Term Debt
LongTermDebt
1795000
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
1656000
CY2018Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
CY2018Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1795000
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1656000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-338000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-196000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
173000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1113000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1017000
us-gaap Net Income Loss
NetIncomeLoss
1050000
us-gaap Net Income Loss
NetIncomeLoss
527000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
652000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
298000
us-gaap Net Income Loss
NetIncomeLoss
229000
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
239000
us-gaap Net Income Loss
NetIncomeLoss
398000
CY2018Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
652000
CY2017Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
298000
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
1050000
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
527000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
1745000
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
1687000
us-gaap Operating Expenses
OperatingExpenses
5044000
us-gaap Operating Expenses
OperatingExpenses
4927000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
771000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
393000
us-gaap Operating Income Loss
OperatingIncomeLoss
1403000
us-gaap Operating Income Loss
OperatingIncomeLoss
766000
CY2018Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
13000
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
14000
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
109000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
112000
CY2018Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
49000
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
41000
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
196000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
141000
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
217000
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
114000
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
314000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
650000
us-gaap Proceeds From Repayments Of Accounts Receivable Securitization
ProceedsFromRepaymentsOfAccountsReceivableSecuritization
us-gaap Proceeds From Repayments Of Accounts Receivable Securitization
ProceedsFromRepaymentsOfAccountsReceivableSecuritization
-737000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2229000
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2038000
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
408000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
418000
CY2018Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
2620000
CY2017Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
990000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
250000
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-66607000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-67657000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6371000
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4898000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16587000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13485000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4747000
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1578000
us-gaap Revenue Recognition Sales Of Goods
RevenueRecognitionSalesOfGoods
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><div style="display: inline; font-style: italic;">Equipment </div><div style="display: inline; font-style: italic;">s</div><div style="display: inline; font-style: italic;">ales</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;">We generate revenues under fixed price contracts from the sale of data center and related ancillary equipment to customers in the United States. We recognize revenue when the product is shipped to the customer as that is when the customer obtains control of the promised goods. Typically, we do <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> receive advance payments for equipment sales, however if we do, we record the advance payment as deferred revenue. Normally we record accounts receivable at the time of shipment, when our right to the consideration has become unconditional. Accounts receivable from our equipment sales are typically due within <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">30</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">45</div> days of invoicing.</div></div></div>
us-gaap Revenue Recognition Sales Of Services
RevenueRecognitionSalesOfServices
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><div style="display: inline; font-style: italic;">Maintenance services</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><div style="display: inline; font-style: italic;">&nbsp;</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;">We generate maintenance services revenues from fees that provide our customers with as-needed maintenance and repair services on modular data centers during the contract term. Our contracts are typically <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">one</div> year in duration, are billed annually in advance, and are non-cancellable. As a result, we record deferred revenue (a contract liability) and recognize revenue from these services on a ratable basis over the contract term. We can mitigate our exposure to credit losses by discontinuing services in the event of non-payment, however our history of non-payments and bad debt expense has been insignificant.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><div style="display: inline; font-style: italic;">Integration </div><div style="display: inline; font-style: italic;">s</div><div style="display: inline; font-style: italic;">ervices</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;text-indent:36pt;">We generate integration services revenues from fees that provide our customers with customized system and rack-level integration services. We recognize revenue upon shipment to the customer of the completed systems as this is when we have completed our services and when the customer obtains control of the promised goods. We typically extend credit terms to our integration customers based on their credit worthiness and generally do <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> receive advance payments. As such, we record accounts receivable at the time of shipment, when our right to the consideration becomes unconditional. Accounts receivable from our integration customers are typically due within <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">30</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">60</div> days of invoicing. An allowance for doubtful accounts is provided based on a periodic analysis of individual account balances, including an evaluation of days outstanding, payment history, recent payment trends, and our assessment of our customers&#x2019; credit worthiness. As of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> September 30, 2018 </div>and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 31, 2017, </div>our allowance for doubtful accounts was <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$8,000.</div></div></div></div>
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1654000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4876000
us-gaap Share Based Compensation
ShareBasedCompensation
177000
us-gaap Share Based Compensation
ShareBasedCompensation
61000
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
37000
CY2017Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
24000
CY2017Q4 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
8000
us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
115000
CY2018Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
62000
CY2018Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
923000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-305000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
-1430000
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
-1165000
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
-740000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
208000
CY2018Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
722000
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
769000
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
1538000
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1536000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1000
CY2017Q4 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3000
CY2018Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2000
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19565000
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17035000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19207000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16524000
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16288000
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15497000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16178000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15507000

Files In Submission

Name View Source Status
0001437749-18-020815-index-headers.html Edgar Link pending
0001437749-18-020815-index.html Edgar Link pending
0001437749-18-020815.txt Edgar Link pending
0001437749-18-020815-xbrl.zip Edgar Link pending
ex_126601.htm Edgar Link pending
ex_126602.htm Edgar Link pending
ex_126603.htm Edgar Link pending
ex_126604.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx 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
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.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
tssi-20180930.xml Edgar Link completed
tssi-20180930.xsd Edgar Link pending
tssi-20180930_cal.xml Edgar Link unprocessable
tssi-20180930_def.xml Edgar Link unprocessable
tssi-20180930_lab.xml Edgar Link unprocessable
tssi-20180930_pre.xml Edgar Link unprocessable
tssi20180930_10q.htm Edgar Link pending