secwatch.observer — SEC 8-K summary
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Issuer:     TSS, Inc. (TSSI)
CIK:        0001320760
Form:       8-K
Filed at:   2021-08-16T23:59:59+00:00
Accession:  0001437749-21-020150
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TSS Q2 2021 revenue falls 52% YoY to $3.1M; net loss narrows to $456K
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- Revenue $3.1M vs $6.5M; reseller revenue dropped from $3.0M to $0.1M.
- Gross margin improved to 47% from 12% (prior-year period).
- Net loss $456K ($0.03/sh) vs $1,042K ($0.06/sh) in Q2 2020.
- Adjusted EBITDA loss narrowed to $106K from $724K.
- CEO expects return to profitability in H2 citing strong pipeline and orders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320760/000143774921020150/0001437749-21-020150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320760/000143774921020150/tssi20210816_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-020150

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer