{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-25-011027","form_type":"8-K","ticker":"TSSI","cik":"0001320760","company_name":"TSS, Inc.","filed_at":"2025-09-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.649574+00:00","generated_at":"2026-05-17T05:51:48.325477+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"TSS subsidiary VTC adds $5M incremental term loan from Susser Bank","bullets":["Incremental $5M term loan added to existing $20M facility; same interest rate, maturity, and payment terms.","Proceeds to replenish cash used for capital expenditures and align with long-term debt financing.","Amended debt service coverage ratio covenant: minimum 1.25x, effective Q4 2025, based on EBITDA less capex, distributions, taxes.","Susser Bank remains lender; loan matures on same date as original December 2024 facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-25-011027","json":"https://secwatch.observer/filing/0001654954-25-011027.json","markdown":"https://secwatch.observer/filing/0001654954-25-011027.md","text":"https://secwatch.observer/filing/0001654954-25-011027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1320760/000165495425011027/0001654954-25-011027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1320760/000165495425011027/tssi_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:51:48.325477+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":"9e0c17e2b9e42e664a7853cbf26615aa6a072960","claim":"TSS, Inc. incurred term loan of $5,000,000 with Susser Bank.","evidence_excerpt":"an incremental term loan of $5,000,000 (the “Incremental Note”) to the $20,000,000 term loan facility (the “Note”) obtained as part of the Credit Agreement. The Incremental Note has the same terms as the Note, including but not limited to the interest rate, maturity date and payment terms as defined in the Credit Agreement.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1320760/000165495425011027/0001654954-25-011027-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$5,000,000"},{"label":"Counterparty","value":"Susser Bank"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}