{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-023649","form_type":"8-K","ticker":"TSSI","cik":"0001320760","company_name":"TSS, Inc.","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.558369+00:00","generated_at":"2026-06-11T10:22:21.442415+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"TSS Q2 revenue jumps to $14.5M from $6.4M YoY; net income down to $315K","bullets":["Revenue $14.5M vs $6.4M in Q2 2022, driven by reseller revenue of $10.6M (vs $0.8M).","Net income $315K ($0.01/sh) vs $771K ($0.04/sh) in prior-year quarter.","Gross margin compressed to 22% from 41% due to mix shift toward lower-margin reseller sales.","Adjusted EBITDA rose to $1.22M from $1.12M; operating income of $975K vs $939K.","CEO cites large procurement deals closed in Q2 and plans to capitalize on AI-driven demand."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-023649","json":"https://secwatch.observer/filing/0001437749-23-023649.json","markdown":"https://secwatch.observer/filing/0001437749-23-023649.md","text":"https://secwatch.observer/filing/0001437749-23-023649.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1320760/000143774923023649/0001437749-23-023649-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1320760/000143774923023649/tssi20230814_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T10:22:21.442415+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"40bc93aa0403c15a848f2441dfa197b7ee3674b8","claim":"TSS, Inc. reported the second quarter ended June 30, 2023 results: revenue $14.5 million, net income $315,000 or $0.01 per share, EPS $0.01 per share.","evidence_excerpt":"facilities and technology services company, reported results for its second quarter ended June 30, 2023. Second Quarter Highlights (unaudited): ● Second quarter 2023 revenue of $14.5 million compared with $6.4 million in the second quarter of 2022. Reseller revenues were $10.6 million in the second quarter of 2023 compared to $0.8 million in the second quarter of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1320760/000143774923023649/0001437749-23-023649-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$14.5 million"},{"label":"Net income","value":"$315,000 or $0.01 per share"},{"label":"EPS","value":"$0.01 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a33c0cc6c854b64bb6c09de03ca8a9fe5115fc1f","claim":"TSS, Inc. reported financial results for the three and six months ended June 30, 2023.","evidence_excerpt":"On Monday, August 14, 2023, TSS, Inc. (the “Company”), issued a press release reporting certain financial results of the Company for the three and six months ended June 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1320760/000143774923023649/0001437749-23-023649-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three and six months ended June 30, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}