10-Q Filing

DSS, INC. CIK: 771999 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001493152-16-014833`
Period End Date	20160930
Filing Date	20161114
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	dss-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 63 Income Statement 72 Cash Flow Statement 64

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
Cash	`Cash`	$1.24M	USD	Point-in-time
Cash	`Cash`	$2.34M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	12.98M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	12.97M	shares	Point-in-time
Cash	`Cash`	$823.45K	USD	Point-in-time
Cash	`Cash`	$1.44M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$187.73K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	12.97M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$293.04K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	12.98M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.10M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.08M	USD	Point-in-time
Inventory	`InventoryNet`	$937.83K	USD	Point-in-time
Inventory	`InventoryNet`	$1.19M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$336.44K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$313.53K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.61M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.08M	USD	Point-in-time
Common stock, $.02 par value; 200,000,000 shares authorized, 12,977,903 shares issued and outstanding (12,970,487 on December 31, 2015)	`CommonStockValue`	$259.56K	USD	Point-in-time
Common stock, $.02 par value; 200,000,000 shares authorized, 12,977,903 shares issued and outstanding (12,970,487 on December 31, 2015)	`CommonStockValue`	$259.41K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$103.82M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$103.91M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-63.70K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-86.15K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-101.30M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-100.33M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.69M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.78M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.95M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.11M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$1.96M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$2.07M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$3.98M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$3.44M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtCurrent`	$1.55M	USD	Point-in-time
Current portion of long-term debt, net	`LongTermDebtCurrent`	$1.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.91M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.45M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.68M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$5.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$44.05K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$45.82K	USD	Point-in-time
Goodwill	`Goodwill`	$2.45M	USD	Point-in-time
Goodwill	`Goodwill`	$2.45M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.02M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.07M	USD	Point-in-time
Total assets	`Assets`	$15.60M	USD	Point-in-time
Total assets	`Assets`	$26.36M	USD	Point-in-time
Total assets	`Assets`	$13.86M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$1.90M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$2.24M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$63.70K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$86.15K	USD	Point-in-time
Deferred tax liability, net	`DeferredTaxLiabilitiesNoncurrent`	$176.32K	USD	Point-in-time
Deferred tax liability, net	`DeferredTaxLiabilitiesNoncurrent`	$162.11K	USD	Point-in-time
Commitments and contingencies (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$15.60M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.86M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	3 Qtrs
Basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.31	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$45.74K	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-736.71K	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-3.41M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-767.15K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-954.37K	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-855.70K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-22.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.54M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$14.21K	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$4.74K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.74K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.21K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.55M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-26.74K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-860.44K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-968.59K	USD	3 Qtrs
Comprehensive loss:	`ComprehensiveIncomeNetOfTax`	$-991.04K	USD	3 Qtrs
Comprehensive loss:	`ComprehensiveIncomeNetOfTax`	$-14.89K	USD	1 Quarter
Comprehensive loss:	`ComprehensiveIncomeNetOfTax`	$-3.57M	USD	3 Qtrs
Comprehensive loss:	`ComprehensiveIncomeNetOfTax`	$-882.45K	USD	1 Quarter
Printed products	`SalesRevenueServicesNet`	$3.98M	USD	1 Quarter
Printed products	`SalesRevenueServicesNet`	$4.45M	USD	1 Quarter
Printed products	`SalesRevenueServicesNet`	$12.15M	USD	3 Qtrs
Printed products	`SalesRevenueServicesNet`	$10.68M	USD	3 Qtrs
Technology sales, services and licensing	`LicenseAndServicesRevenue`	$1.37M	USD	3 Qtrs
Technology sales, services and licensing	`LicenseAndServicesRevenue`	$444.73K	USD	1 Quarter
Technology sales, services and licensing	`LicenseAndServicesRevenue`	$1.24M	USD	3 Qtrs
Technology sales, services and licensing	`LicenseAndServicesRevenue`	$530.98K	USD	1 Quarter
Total revenue	`Revenues`	$4.98M	USD	1 Quarter
Total revenue	`Revenues`	$12.05M	USD	3 Qtrs
Total revenue	`Revenues`	$13.39M	USD	3 Qtrs
Total revenue	`Revenues`	$4.42M	USD	1 Quarter
Cost of revenue, exclusive of depreciation and amortization	`CostOfGoodsSold`	$7.82M	USD	3 Qtrs
Cost of revenue, exclusive of depreciation and amortization	`CostOfGoodsSold`	$2.87M	USD	1 Quarter
Cost of revenue, exclusive of depreciation and amortization	`CostOfGoodsSold`	$2.56M	USD	1 Quarter
Cost of revenue, exclusive of depreciation and amortization	`CostOfGoodsSold`	$7.21M	USD	3 Qtrs
Selling, general and administrative (including stock based compensation)	`SellingGeneralAndAdministrativeExpense`	$2.23M	USD	1 Quarter
Selling, general and administrative (including stock based compensation)	`SellingGeneralAndAdministrativeExpense`	$5.26M	USD	3 Qtrs
Selling, general and administrative (including stock based compensation)	`SellingGeneralAndAdministrativeExpense`	$1.71M	USD	1 Quarter
Selling, general and administrative (including stock based compensation)	`SellingGeneralAndAdministrativeExpense`	$7.07M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.17M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$349.14K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.05M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$404.77K	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$4.93M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$15.45M	USD	3 Qtrs
Total costs and expenses	`OperatingExpenses`	$5.19M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$14.13M	USD	3 Qtrs
Interest expense	`InterestExpense`	$-88.55K	USD	1 Quarter
Interest expense	`InterestExpense`	$-67.74K	USD	1 Quarter
Interest expense	`InterestExpense`	$-217.66K	USD	3 Qtrs
Interest expense	`InterestExpense`	$-257.26K	USD	3 Qtrs
Gains on sales of investment and equipment	`GainLossOnDispositionOfAssets1`	$146.28K	USD	3 Qtrs
Gains on sales of investment and equipment	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Gains on sales of investment and equipment	`GainLossOnDispositionOfAssets1`	-	USD	3 Qtrs
Gains on sales of investment and equipment	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Net loss on debt modification and extinguishment	`GainsLossesOnRestructuringOfDebt`	$-19.10K	USD	3 Qtrs
Net loss on debt modification and extinguishment	`GainsLossesOnRestructuringOfDebt`	-	USD	1 Quarter
Net loss on debt modification and extinguishment	`GainsLossesOnRestructuringOfDebt`	-	USD	1 Quarter
Net loss on debt modification and extinguishment	`GainsLossesOnRestructuringOfDebt`	-	USD	3 Qtrs
Interest rate swap gain (loss)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$11.84K	USD	1 Quarter
Interest rate swap gain (loss)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-19.45K	USD	3 Qtrs
Interest rate swap gain (loss)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-22.45K	USD	3 Qtrs
Interest rate swap gain (loss)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-22.01K	USD	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.98M	shares	3 Qtrs
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.61M	shares	3 Qtrs
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.98M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.70M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$979.33K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$169.39K	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-396.51K	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$108.14K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$45.93K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$19.50K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-250.53K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-370.60K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-19.88K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$24.68K	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$105.32K	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$62.75K	USD	3 Qtrs
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-1.10M	USD	3 Qtrs
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-616.81K	USD	3 Qtrs
Cash beginning of period	`Cash`	$1.24M	USD	Point-in-time
Cash beginning of period	`Cash`	$2.34M	USD	Point-in-time
Cash beginning of period	`Cash`	$823.45K	USD	Point-in-time
Cash beginning of period	`Cash`	$1.44M	USD	Point-in-time
Cash end of period	`Cash`	$1.24M	USD	Point-in-time
Cash end of period	`Cash`	$2.34M	USD	Point-in-time
Cash end of period	`Cash`	$823.45K	USD	Point-in-time
Cash end of period	`Cash`	$1.44M	USD	Point-in-time
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$-1.23M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$-737.24K	USD	3 Qtrs
Issuances of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$-92.00	USD	3 Qtrs
Issuances of common stock, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$878.34K	USD	3 Qtrs
Net cash from (used by) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.23M	USD	3 Qtrs
Net cash from (used by) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$141.10K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.55M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-26.74K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-860.44K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-968.59K	USD	3 Qtrs
Net cash from (used by) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.17M	USD	3 Qtrs
Net cash from (used by) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$383.75K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.17M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$349.14K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.05M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$404.77K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$842.26K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$199.00K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$1.00K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$87.74K	USD	3 Qtrs
Paid in-kind interest	`PaidInKindInterest`	$68.00K	USD	3 Qtrs
Paid in-kind interest	`PaidInKindInterest`	$58.00K	USD	3 Qtrs
Gain on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Gain on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-46.28K	USD	3 Qtrs
Net loss on debt modification and extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$19.10K	USD	3 Qtrs
Net loss on debt modification and extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Change in deferred tax provision	`IncreaseDecreaseInDeferredIncomeTaxes`	$14.21K	USD	3 Qtrs
Change in deferred tax provision	`IncreaseDecreaseInDeferredIncomeTaxes`	$14.21K	USD	3 Qtrs
Foreign currency transaction gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$-29.40K	USD	3 Qtrs
Foreign currency transaction gain	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	-	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$15.86K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-118.50K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-192.61K	USD	3 Qtrs
Proceeds from sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$46.28K	USD	3 Qtrs
Proceeds from sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from sale of intangible assets	`ProceedsFromSaleOfIntangibleAssets`	$495.00K	USD	3 Qtrs
Proceeds from sale of intangible assets	`ProceedsFromSaleOfIntangibleAssets`	-	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$72.95K	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$990.00	USD	3 Qtrs
Net cash from (used by) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$229.43K	USD	3 Qtrs
Net cash from (used by) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-73.20K	USD	3 Qtrs

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