10-Q Filing

DSS, INC. CIK: 771999 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001144204-15-031533`
Period End Date	20150331
Filing Date	20150515
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	dss-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 36 Cash Flow Statement 56

Balance Sheet 63 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.30M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.17M	shares	Point-in-time
Cash	`Cash`	$2.34M	USD	Point-in-time
Cash	`Cash`	$2.94M	USD	Point-in-time
Cash	`Cash`	$1.98M	USD	Point-in-time
Cash	`Cash`	$1.59M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.17M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$337.31K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.30M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$355.79K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.45M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.10M	USD	Point-in-time
Inventory	`InventoryNet`	$1.07M	USD	Point-in-time
Inventory	`InventoryNet`	$869.26K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$425.67K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$509.29K	USD	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$2.50K	USD	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsLiabilitiesNetCurrent`	$2.50K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.09M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.96M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$5.02M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.91M	USD	Point-in-time
Investments and other assets, net	`OtherAssetsNoncurrent`	$631.62K	USD	Point-in-time
Investments and other assets, net	`OtherAssetsNoncurrent`	$686.91K	USD	Point-in-time
Goodwill	`Goodwill`	$12.05M	USD	Point-in-time
Goodwill	`Goodwill`	$12.05M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.91M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.67M	USD	Point-in-time
Total assets	`Assets`	$26.21M	USD	Point-in-time
Total assets	`Assets`	$67.73M	USD	Point-in-time
Total assets	`Assets`	$27.75M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.04M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.35M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$1.63M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$2.00M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtCurrent`	$754.75K	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtCurrent`	$709.03K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.68M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$7.28M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$7.44M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$535.93K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$520.18K	USD	Point-in-time
Deferred tax liability, net	`DeferredTaxLiabilitiesNoncurrent`	$148.26K	USD	Point-in-time
Deferred tax liability, net	`DeferredTaxLiabilitiesNoncurrent`	$153.00K	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $.02 par value; 200,000,000 shares authorized, 46,302,404 shares issued and outstanding (46,172,404 on December 31, 2014)	`CommonStockValue`	$926.05K	USD	Point-in-time
Common stock, $.02 par value; 200,000,000 shares authorized, 46,302,404 shares issued and outstanding (46,172,404 on December 31, 2014)	`CommonStockValue`	$923.45K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$101.01M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$101.37M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-76.93K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-61.18K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-87.67M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-86.02M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$14.56M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$15.86M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$27.75M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$26.21M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Printed products	`SalesRevenueServicesNet`	$3.02M	USD	1 Quarter
Printed products	`SalesRevenueServicesNet`	$3.16M	USD	1 Quarter
Technology sales, services and licensing	`LicenseAndServicesRevenue`	$409.64K	USD	1 Quarter
Technology sales, services and licensing	`LicenseAndServicesRevenue`	$464.23K	USD	1 Quarter
Total revenue	`Revenues`	$3.43M	USD	1 Quarter
Total revenue	`Revenues`	$3.63M	USD	1 Quarter
Cost of goods sold, exclusive of depreciation and amortization	`CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization`	$2.20M	USD	1 Quarter
Cost of goods sold, exclusive of depreciation and amortization	`CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization`	$1.99M	USD	1 Quarter
Selling, general and administrative (including stock based compensation)	`SellingGeneralAndAdministrativeExpense`	$2.61M	USD	1 Quarter
Selling, general and administrative (including stock based compensation)	`SellingGeneralAndAdministrativeExpense`	$3.07M	USD	1 Quarter
Depreciation and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$1.31M	USD	1 Quarter
Depreciation and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$379.59K	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$6.59M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$4.97M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-1.54M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-2.96M	USD	1 Quarter
Interest expense	`InterestExpense`	$74.95K	USD	1 Quarter
Interest expense	`InterestExpense`	$78.38K	USD	1 Quarter
Amortization of note discount	`AmortizationOfFinancingCostsAndDiscounts`	-	USD	1 Quarter
Amortization of note discount	`AmortizationOfFinancingCostsAndDiscounts`	$17.37K	USD	1 Quarter
Net loss on debt modification and extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net loss on debt modification and extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-19.10K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.64M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.05M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.74K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.74K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.06M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.65M	USD	1 Quarter
Interest rate swap loss	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-15.75K	USD	1 Quarter
Interest rate swap loss	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-9.94K	USD	1 Quarter
Comprehensive loss:	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-3.07M	USD	1 Quarter
Comprehensive loss:	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.66M	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	41.92M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	46.24M	shares	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-3.06M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.65M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$379.59K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.31M	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$547.14K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$324.60K	USD	1 Quarter
Paid in-kind interest	`PaidInKindInterest`	-	USD	1 Quarter
Paid in-kind interest	`PaidInKindInterest`	$20.00K	USD	1 Quarter
Amortization of note discount	`AmortizationOfDebtDiscountPremium`	$17.37K	USD	1 Quarter
Amortization of note discount	`AmortizationOfDebtDiscountPremium`	-	USD	1 Quarter
Net loss on debt modification and extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net loss on debt modification and extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-19.10K	USD	1 Quarter
Change in deferred tax provision	`DeferredIncomeTaxExpenseBenefit`	$4.74K	USD	1 Quarter
Change in deferred tax provision	`DeferredIncomeTaxExpenseBenefit`	$4.74K	USD	1 Quarter
Foreign currency translation (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$29.40K	USD	1 Quarter
Foreign currency translation (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-16.42K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-997.62K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-651.94K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$386.37K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$202.54K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$28.33K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$183.46K	USD	1 Quarter
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-18.49K	USD	1 Quarter
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	-	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$310.74K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-86.46K	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$326.70K	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-351.17K	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-528.94K	USD	1 Quarter
Net cash used by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-488.09K	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$27.79K	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$134.37K	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	-	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	$750.00K	USD	1 Quarter
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$39.13K	USD	1 Quarter
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-27.79K	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-923.50K	USD	1 Quarter
Net payments on revolving lines of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Net payments on revolving lines of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-158.09K	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$195.08K	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$156.49K	USD	1 Quarter
Borrowings of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Borrowings of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$2.69M	USD	1 Quarter
Net cash (used) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.38M	USD	1 Quarter
Net cash (used) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-195.08K	USD	1 Quarter
Net (decrease) increase in cash	`CashPeriodIncreaseDecrease`	$-751.82K	USD	1 Quarter
Net (decrease) increase in cash	`CashPeriodIncreaseDecrease`	$964.84K	USD	1 Quarter
Cash beginning of period	`Cash`	$2.34M	USD	Point-in-time
Cash beginning of period	`Cash`	$2.94M	USD	Point-in-time
Cash beginning of period	`Cash`	$1.98M	USD	Point-in-time
Cash beginning of period	`Cash`	$1.59M	USD	Point-in-time
Cash end of period	`Cash`	$2.34M	USD	Point-in-time
Cash end of period	`Cash`	$2.94M	USD	Point-in-time
Cash end of period	`Cash`	$1.98M	USD	Point-in-time
Cash end of period	`Cash`	$1.59M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.