$TSSI
TSS, Inc.

2019 Q2 Form 10-Q Financial Statement

#000143774919016801 Filed on August 14, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $3.539M $5.367M
YoY Change -34.06% 27.85%
Cost Of Revenue $2.087M $3.302M
YoY Change -36.8% 35.33%
Gross Profit $1.452M $2.065M
YoY Change -29.69% 17.73%
Gross Profit Margin 41.03% 38.48%
Selling, General & Admin $1.371M $1.516M
YoY Change -9.56% -2.51%
% of Gross Profit 94.42% 73.41%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $79.00K $100.0K
YoY Change -21.0% -20.0%
% of Gross Profit 5.44% 4.84%
Operating Expenses $1.450M $1.616M
YoY Change -10.27% -3.81%
Operating Profit $2.000K $449.0K
YoY Change -99.55% 506.76%
Interest Expense $115.0K $111.0K
YoY Change 3.6% 50.0%
% of Operating Profit 5750.0% 24.72%
Other Income/Expense, Net
YoY Change
Pretax Income -$85.00K $338.0K
YoY Change -125.15% -11366.67%
Income Tax $9.000K $19.00K
% Of Pretax Income 5.62%
Net Earnings -$94.00K $317.0K
YoY Change -129.65% -1420.83%
Net Earnings / Revenue -2.66% 5.91%
Basic Earnings Per Share -$0.01 $0.02
Diluted Earnings Per Share -$0.01 $0.02
COMMON SHARES
Basic Shares Outstanding 17.39M 16.28M
Diluted Shares Outstanding 17.39M 19.16M

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.070M $3.310M
YoY Change 83.38% 221.36%
Cash & Equivalents $6.070M $3.312M
Short-Term Investments
Other Short-Term Assets $491.0K $600.0K
YoY Change -18.17% -11.76%
Inventory $80.00K $97.00K
Prepaid Expenses
Receivables $690.0K $1.520M
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.331M $5.528M
YoY Change 32.62% 82.68%
LONG-TERM ASSETS
Property, Plant & Equipment $440.0K $423.0K
YoY Change 4.02% -2.98%
Goodwill $780.0K $1.907M
YoY Change -59.1%
Intangibles $352.0K $494.0K
YoY Change -28.74%
Long-Term Investments
YoY Change
Other Assets $109.0K $109.0K
YoY Change 0.0% -0.91%
Total Long-Term Assets $10.24M $2.933M
YoY Change 248.99% -18.26%
TOTAL ASSETS
Total Short-Term Assets $7.331M $5.528M
Total Long-Term Assets $10.24M $2.933M
Total Assets $17.57M $8.461M
YoY Change 107.62% 27.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $695.0K $1.739M
YoY Change -60.03% -40.85%
Accrued Expenses $601.0K $745.0K
YoY Change -19.33% 24.37%
Deferred Revenue $2.744M $3.406M
YoY Change -19.44%
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.021M $6.307M
YoY Change -20.39% -1.64%
LONG-TERM LIABILITIES
Long-Term Debt $1.928M $1.748M
YoY Change 10.3% 105.65%
Other Long-Term Liabilities $48.00K
YoY Change 108.7%
Total Long-Term Liabilities $1.928M $1.796M
YoY Change 7.35% 7708.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.021M $6.307M
Total Long-Term Liabilities $1.928M $1.796M
Total Liabilities $8.350M $8.253M
YoY Change 1.18% 13.37%
SHAREHOLDERS EQUITY
Retained Earnings -$65.35M -$67.26M
YoY Change -2.85% -1.37%
Common Stock $2.000K $2.000K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.695M $1.536M
YoY Change 10.35%
Treasury Stock Shares $956.0K $769.0K
Shareholders Equity $2.416M $208.0K
YoY Change
Total Liabilities & Shareholders Equity $10.77M $8.461M
YoY Change 27.24% 38.39%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income -$94.00K $317.0K
YoY Change -129.65% -1420.83%
Depreciation, Depletion And Amortization $79.00K $100.0K
YoY Change -21.0% -20.0%
Cash From Operating Activities $138.0K $1.580M
YoY Change -91.27% -2075.0%
INVESTING ACTIVITIES
Capital Expenditures -$101.0K -$100.0K
YoY Change 1.0% 100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$101.0K -$100.0K
YoY Change 1.0% 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 7.000K 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities 138.0K 1.580M
Cash From Investing Activities -101.0K -100.0K
Cash From Financing Activities 7.000K 0.000
Net Change In Cash 44.00K 1.480M
YoY Change -97.03% -628.57%
FREE CASH FLOW
Cash From Operating Activities $138.0K $1.580M
Capital Expenditures -$101.0K -$100.0K
Free Cash Flow $239.0K $1.680M
YoY Change -85.77% -5700.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
CY2018Q4 us-gaap Assets Current
AssetsCurrent
7433000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6178000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2268000
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001320760
CY2019Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
17488354
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
TSS, Inc.
dei Entity Shell Company
EntityShellCompany
false
dei Entity Small Business
EntitySmallBusiness
true
dei Document Period End Date
DocumentPeriodEndDate
2019-06-30
CY2019Q2 tssi Dilutive Securities Effect On Basic Earnings Per Share Dilutive Convertible Securities Interest Expense
DilutiveSecuritiesEffectOnBasicEarningsPerShareDilutiveConvertibleSecuritiesInterestExpense
CY2018Q2 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 Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-243000
tssi Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
tssi Increase Decrease In Rightofuse Assets
IncreaseDecreaseInRightofuseAssets
-257000
tssi Increase Decrease In Rightofuse Assets
IncreaseDecreaseInRightofuseAssets
CY2019Q2 tssi Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
CY2019Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1692000
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2390000
CY2019Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
695000
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
944000
CY2019Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
698000
CY2018Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
735000
CY2019Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
601000
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
566000
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1691000
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1577000
CY2019Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
69454000
CY2018Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
69241000
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
49000
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
66000
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
72000
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
87000
CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
37000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
43000
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23000
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
33000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
46000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
67000
CY2019Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3613000
CY2018Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
400000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3537000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
400000
CY2019Q2 us-gaap Assets
Assets
10766000
CY2018Q4 us-gaap Assets
Assets
9110000
CY2019Q2 us-gaap Assets Current
AssetsCurrent
7331000
CY2018Q2 us-gaap Depreciation
Depreciation
66000
us-gaap Depreciation
Depreciation
115000
us-gaap Depreciation
Depreciation
136000
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
57000
CY2018Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
67000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
115000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
139000
CY2019Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
79000
CY2018Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
100000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
160000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
206000
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6070000
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3312000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-108000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1044000
CY2019Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
49000000
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
49000000
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
18450000
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17520000
CY2019Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17494000
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
16743000
CY2019Q2 us-gaap Common Stock Value
CommonStockValue
2000
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
2000
CY2019Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
154000
CY2018Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
154000
CY2019Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2744000
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2181000
CY2019Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
110000
CY2018Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
112000
CY2019Q2 us-gaap Cost Of Revenue
CostOfRevenue
2087000
CY2018Q2 us-gaap Cost Of Revenue
CostOfRevenue
3302000
us-gaap Cost Of Revenue
CostOfRevenue
5111000
us-gaap Cost Of Revenue
CostOfRevenue
6285000
CY2019Q2 us-gaap Depreciation
Depreciation
57000
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.02
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.02
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2019Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
375000
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
856000
CY2019Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
0
CY2019Q2 us-gaap Gross Profit
GrossProfit
1452000
CY2019Q2 us-gaap Goodwill
Goodwill
780000
CY2018Q4 us-gaap Goodwill
Goodwill
780000
CY2018 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
338000
CY2018Q2 us-gaap Gross Profit
GrossProfit
2065000
us-gaap Gross Profit
GrossProfit
3088000
us-gaap Gross Profit
GrossProfit
3931000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-85000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-108000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
428000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9000
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30000
us-gaap Income Taxes Paid
IncomeTaxesPaid
57000
us-gaap Income Taxes Paid
IncomeTaxesPaid
39000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-698000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
60000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
102000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
561000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1062000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
53000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
49000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-28000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-37000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
7000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
71000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
153000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-37000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
534000
CY2019Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
CY2018Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
2882000
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
2906000
CY2019Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
352000
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
398000
CY2019Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
28000
CY2018Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
us-gaap Interest And Other Income
InterestAndOtherIncome
64000
us-gaap Interest And Other Income
InterestAndOtherIncome
CY2019Q2 us-gaap Interest Expense
InterestExpense
115000
CY2018Q2 us-gaap Interest Expense
InterestExpense
111000
us-gaap Interest Expense
InterestExpense
224000
us-gaap Interest Expense
InterestExpense
204000
CY2019Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-115000
CY2018Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-111000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-224000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-204000
us-gaap Interest Paid Net
InterestPaidNet
126000
us-gaap Interest Paid Net
InterestPaidNet
116000
CY2019Q2 us-gaap Inventory Net
InventoryNet
80000
CY2018Q4 us-gaap Inventory Net
InventoryNet
108000
CY2019Q2 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
82000
CY2018Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
110000
CY2019Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2000
CY2018Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2000
CY2019Q2 us-gaap Lease Cost
LeaseCost
168000
us-gaap Lease Cost
LeaseCost
329000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2212000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
203000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
823000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
804000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
382000
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
336000
CY2019Q2 us-gaap Liabilities
Liabilities
8350000
CY2018Q4 us-gaap Liabilities
Liabilities
6629000
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10766000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9110000
CY2019Q2 us-gaap Liabilities Current
LiabilitiesCurrent
5021000
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4571000
CY2019Q2 us-gaap Long Term Debt
LongTermDebt
1928000
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
1838000
CY2019Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
CY2019Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1928000
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1838000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-99000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-164000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-144000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
155000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1188000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-94000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
319000
us-gaap Net Income Loss
NetIncomeLoss
-125000
us-gaap Net Income Loss
NetIncomeLoss
398000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
81000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-31000
CY2019Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-94000
CY2018Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
319000
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-125000
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
398000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
1450000
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
1616000
us-gaap Operating Expenses
OperatingExpenses
3036000
us-gaap Operating Expenses
OperatingExpenses
3299000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2000
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
449000
us-gaap Operating Income Loss
OperatingIncomeLoss
52000
us-gaap Operating Income Loss
OperatingIncomeLoss
632000
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
184000
us-gaap Operating Lease Cost
OperatingLeaseCost
361000
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1960000
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1876000
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
585000
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1291000
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
CY2019Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
161000
us-gaap Operating Lease Payments
OperatingLeasePayments
243000
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1960000
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1754000
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.12
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2019Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
21000
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
24000
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
109000
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
109000
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
108000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
153000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
164000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
144000
CY2019Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2019Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
337000
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
266000
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1967000
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
440000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
54000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2131000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
390000
CY2019Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
690000
CY2018Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
727000
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-65345000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-65220000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3539000
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5367000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8199000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10216000
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2744000
CY2019Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
38000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
38000
CY2019Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1371000
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1516000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2876000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3093000
us-gaap Share Based Compensation
ShareBasedCompensation
159000
us-gaap Share Based Compensation
ShareBasedCompensation
115000
CY2018Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
CY2019Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
CY2019Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
31000
CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
23000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
2416000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
2481000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-305000
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
-175000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
210000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
2416000
CY2019Q2 us-gaap Sublease Income
SubleaseIncome
16000
CY2019Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
956000
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
777000
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17394000
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19159000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17289000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19029000
us-gaap Sublease Income
SubleaseIncome
32000
CY2019Q2 us-gaap Treasury Stock Value
TreasuryStockValue
1695000
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1542000
CY2019Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
137000
CY2019Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
16000
CY2019Q2 us-gaap Variable Lease Cost
VariableLeaseCost
us-gaap Variable Lease Cost
VariableLeaseCost
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17394000
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16277000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17289000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16123000

Files In Submission

Name View Source Status
0001437749-19-016801-index-headers.html Edgar Link pending
0001437749-19-016801-index.html Edgar Link pending
0001437749-19-016801.txt Edgar Link pending
0001437749-19-016801-xbrl.zip Edgar Link pending
ex_151895.htm Edgar Link pending
ex_151896.htm Edgar Link pending
ex_151897.htm Edgar Link pending
ex_151898.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
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.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-20190630.xml Edgar Link completed
tssi-20190630.xsd Edgar Link pending
tssi-20190630_cal.xml Edgar Link unprocessable
tssi-20190630_def.xml Edgar Link unprocessable
tssi-20190630_lab.xml Edgar Link unprocessable
tssi-20190630_pre.xml Edgar Link unprocessable
tssi20190630_10q.htm Edgar Link pending