{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-031601","form_type":"8-K","ticker":"TSSI","cik":"0001320760","company_name":"TSS, Inc.","filed_at":"2023-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.596883+00:00","generated_at":"2026-06-08T04:41:48.955354+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"TSS Q3 revenue up 10% to $8.9M; net income slides to $209k from $605k","bullets":["Q3 2023 revenue $8.9M (+10% YoY) driven by reseller revenue surge to $5.4M from $3.1M.","Gross margin fell to 32% from 34%; operating income $715k vs $871k in Q3 2022.","Net income $209k ($0.01/share) vs $605k ($0.03); YTD net loss $262k vs prior net income.","Adjusted EBITDA Q3 $940k vs $1,043k; YTD $1,727k vs $2,202k.","CEO cites investments in sales/ops to capture AI-driven IT market growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-031601","json":"https://secwatch.observer/filing/0001437749-23-031601.json","markdown":"https://secwatch.observer/filing/0001437749-23-031601.md","text":"https://secwatch.observer/filing/0001437749-23-031601.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1320760/000143774923031601/0001437749-23-031601-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1320760/000143774923031601/tssi20231113_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T04:41:48.955354+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":"5d7fc426dda814d9e35d6d59a3481de65df43f6f","claim":"TSS, Inc. reported financial results for three and nine months ended September 30, 2023.","evidence_excerpt":"issued a press release reporting certain financial results of the Company for the three and nine months ended September 30, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1320760/000143774923031601/0001437749-23-031601-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and nine months ended September 30, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fc2142fa7ae1a307319154e517dbe49ac37a0aa2","claim":"TSS, Inc. reported third quarter ended September 30, 2023 results: revenue $8.9 million, net income $209,000 or $0.01 per share, EPS $0.01 per share.","evidence_excerpt":"We will continuously improve the solutions and services we provide to the market.” Third Quarter Highlights (unaudited): ● Third quarter 2023 revenue of $8.9 million compared with $8.1 million in the third quarter of 2022. Reseller revenues were $5.4 million in the third quarter of 2023 compared to $3.1 million in the third quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1320760/000143774923031601/0001437749-23-031601-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$8.9 million"},{"label":"Net income","value":"$209,000 or $0.01 per share"},{"label":"EPS","value":"$0.01 per share"},{"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"}