---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-007675"
form_type: "8-K"
ticker: "TSSI"
cik: "0001320760"
company_name: "TSS, Inc."
filed_at: "2022-03-30T23:59:59+00:00"
generated_at: "2026-06-26T13:14:32.249262+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TSS reports Q4 revenue $14.6M, net loss $264K; FY 2021 revenue $27.4M, net loss $1.3M

## Summary
- Q4 revenue $14.6M vs $7.2M YoY; reseller revenue $11.7M (up from $3.1M).
- Q4 gross margin 12% (down from 23%); operating loss $100K ($140K loss YoY).
- Q4 net loss $264K ($0.01/sh) vs net income $637K ($0.04/sh) in Q4 2020, which included $897K PPP gain.
- FY 2021 revenue $27.4M (down 39% from $45.1M); gross margin improved to 23% from 15%.
- FY 2021 adjusted EBITDA $174K vs $1,417K in 2020; management cites large backlog expects 2022 improvement.

## SEC filing metadata
- accession: 0001437749-22-007675
- form_type: 8-K
- ticker: TSSI
- cik: 0001320760
- company_name: TSS, Inc.
- filed_at: 2022-03-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320760/000143774922007675/0001437749-22-007675-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320760/000143774922007675/tssi20220329_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-007675
- JSON: https://secwatch.observer/filing/0001437749-22-007675.json
- Plain text: https://secwatch.observer/filing/0001437749-22-007675.txt

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