TSS, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $2.2m $2.3m $6.2m $8.7m $19.0m $8.0m $20.4m $11.8m $85.5m
Prepaid Expense and Other Assets, Current $252k $114k $266k $108k $58k $550k $175k $302k $248k $1.6m
Inventory, Net $59k $134k $108k $1.4m $197k $847k $862k $2.3m $17.7m $16.0m
Assets, Current $5.4m $3.7m $7.4m $14.2m $21.0m $11.8m $24.4m $19.3m $58.2m $118.6m
Property, Plant and Equipment, Net $544k $418k $390k $705k $662k $281k $587k $628k $8.6m $38.1m
Goodwill $1.9m $1.9m $780k $780k $780k $780k $780k $780k $780k $780k
Intangible Assets, Net (Excluding Goodwill) $704k $561k $398k $307k $217k $126k $35k $0
Operating Lease, Right-of-Use Asset $1.5m $876k $5.6m $4.7m $4.1m $24.2m $15.3m
Other Assets, Noncurrent $30k $112k $109k $109k $285k $720k $877k $817k $4.8m $4.2m
Additional Financial Items
Accrued Liabilities, Current $1.1m $847k $566k $473k $453k $703k $155.2m $3.7m
Assets $8.6m $6.7m $9.1m $17.6m $23.8m $19.3m $31.4m $25.6m $96.6m $184.9m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $645k $748k $644k $467k $688k $966k $2.0m
Accounts Payable, Current $5.3m $1.4m $944k $7.9m $12.6m $5.5m $20.0m $12.4m $35.8m $46.4m
Operating Lease, Liability, Noncurrent $956k $208k $4.9m $4.3m $3.6m $23.5m $21.6m
Deferred Revenue, Current $3.4m $2.6m $13.9m
Deferred Revenue, Noncurrent $0 $771k $0
Long-term Debt, Current Maturities $0 $2.0m $0 $0 $4.0m
Long-term Debt, Excluding Current Maturities $1.7m $1.8m $2.0m $2.2m $0 $0 $0 $8.2m $14.0m
Liabilities, Current $9.1m $5.3m $4.6m $11.6m $18.1m $12.1m $24.2m $18.4m $56.9m $72.6m
Other Liabilities, Noncurrent $62k $41k $108k $100k
Deferred Tax Liabilities, Net $5.4m $9.5m
Liabilities $10.0m $7.0m $6.6m $14.7m $20.6m $17.1m $28.5m $22.1m $89.4m $108.3m
Commitments and Contingencies $0 $0
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0
Common Stock, Value, Issued $2k $2k $2k $2k $2k $2k $2k $2k $3k $3k
Additional Paid in Capital $68.5m $68.9m $69.2m $69.7m $70.1m $70.6m $71.5m $72.1m $74.2m $121.8m
Retained Earnings (Accumulated Deficit) ($68.4m) ($67.7m) ($65.2m) ($65.1m) ($65.0m) ($66.3m) ($66.4m) ($66.3m) ($60.3m) ($45.2m)
Stockholders' Equity Attributable to Parent ($1.4m) ($305k) $2.5m $2.9m $3.2m $2.2m $2.9m $3.5m $7.1m $76.6m
Liabilities and Equity $8.6m $6.7m $9.1m $17.6m $23.8m $19.3m $31.4m $25.6m $96.6m $184.9m