---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-012608"
form_type: "8-K"
ticker: "TSSI"
cik: "0001320760"
company_name: "TSS, Inc."
filed_at: "2022-05-16T23:59:59+00:00"
generated_at: "2026-06-25T14:22:32.687159+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TSS Q1 net loss narrows to $308K; adjusted EBITDA turns positive

## Summary
- Revenue $5.2M flat YoY; reseller revenue fell to $1.7M from $2.2M.
- Gross margin improved to 32% from 25%; operating loss improved to $173K from $607K.
- Net loss of $308K ($0.02 per share) vs $699K ($0.04) in Q1 2021.
- Adjusted EBITDA positive at $43K vs loss of $334K a year earlier.
- CEO expects significant revenue & profit improvement in 2022 on easing supply chain.

## SEC filing metadata
- accession: 0001437749-22-012608
- form_type: 8-K
- ticker: TSSI
- cik: 0001320760
- company_name: TSS, Inc.
- filed_at: 2022-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1320760/000143774922012608/0001437749-22-012608-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320760/000143774922012608/tssi20220516_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-012608
- JSON: https://secwatch.observer/filing/0001437749-22-012608.json
- Plain text: https://secwatch.observer/filing/0001437749-22-012608.txt

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