TSS, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $85.5M | $23.2M | $11.8M | $20.4M | $8.0M | $19.0M | $8.7M | $6.2M |
| Accounts Receivable | $12.5M | $16.2M | $3.5M | $2.7M | $1.8M | $915.0K | $3.9M | $727.0K |
| Inventory | $16.0M | $17.7M | $2.3M | $862.0K | $847.0K | $197.0K | $1.4M | $108.0K |
| Total Current Assets | $118.6M | $58.2M | $19.3M | $24.4M | $11.8M | $21.0M | $14.2M | $7.4M |
| Property, Plant & Equipment | $38.1M | $8.6M | $628.0K | $587.0K | $281.0K | $662.0K | $705.0K | $390.0K |
| Goodwill | $780.0K | $780.0K | $780.0K | $780.0K | $780.0K | $780.0K | $780.0K | $780.0K |
| Intangible Assets (Excl. Goodwill) | — | — | $0 | $35.0K | $126.0K | $217.0K | $307.0K | $398.0K |
| Total Assets | $184.9M | $96.6M | $25.6M | $31.4M | $19.3M | $23.8M | $17.6M | $9.1M |
| Liabilities | ||||||||
| Accounts Payable | $46.4M | $35.8M | $12.4M | $20.0M | $5.5M | $12.6M | $7.9M | $944.0K |
| Total Current Liabilities | $72.6M | $56.9M | $18.4M | $24.2M | $12.1M | $18.1M | $11.6M | $4.6M |
| Long-Term Debt | $14.0M | $8.2M | $0 | $0 | $0 | $2.2M | $2.0M | $1.8M |
| Total Liabilities | $108.3M | $89.4M | $22.1M | $28.5M | $17.1M | $20.6M | $14.7M | $6.6M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-45.2M | $-60.3M | $-66.3M | $-66.4M | $-66.3M | $-65.0M | $-65.1M | $-65.2M |
| Total Stockholders' Equity | $76.6M | $7.1M | $3.5M | $2.9M | $2.2M | $3.2M | $2.9M | $2.5M |