---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-026723"
form_type: "8-K"
ticker: "TSSI"
cik: "0001320760"
company_name: "TSS, Inc."
filed_at: "2021-11-15T23:59:59+00:00"
generated_at: "2026-06-28T08:11:58.544195+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TSS Q3 revenue collapses to $4.6M from $20.8M; net income down to $123K

## Summary
- Revenue $4.6M, down 78% YoY from $20.8M; reseller revenue fell from $15.8M to $0.7M.
- Net income $123K ($0.01 EPS) vs $852K ($0.05 EPS) in Q3 2020.
- Gross margin improved to 42% from 13% due to shift away from low-margin reseller sales.
- Adjusted EBITDA $476K, down from $1,142K a year earlier.
- CEO cites supply chain delays but expects sequential improvement through Q4 and into 2022.

## SEC filing metadata
- accession: 0001437749-21-026723
- form_type: 8-K
- ticker: TSSI
- cik: 0001320760
- company_name: TSS, Inc.
- filed_at: 2021-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320760/000143774921026723/0001437749-21-026723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320760/000143774921026723/tssi20211115_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-026723
- JSON: https://secwatch.observer/filing/0001437749-21-026723.json
- Plain text: https://secwatch.observer/filing/0001437749-21-026723.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.