DSS Inc. (DSS) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
275 WIREGRASS PKWY WEST HENRIETTA, NY 14586 |
| State of Incorp. | NY |
| Fiscal Year End | December 31 |
| Industry (SIC) | 265 - Paperboard Containers And Boxes (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 6,615 | 19,290 | 56,595 | 5,226 | 1,096 | 2,318 | |||
| Cash and cash equivalent | 6,615 | 19,290 | 56,595 | 5,226 | 1,096 | 2,318 | |||
| Short-term investments | |||||||||
| Restricted cash and investments | 130 | ||||||||
| Receivables | 12,766 | 19,283 | 11,983 | 3,910 | 4,212 | 2,218 | |||
| Inventory, net of allowances, customer advances and progress billings | 2,819 | 7,721 | 10,380 | 1,955 | 1,708 | 1,564 | |||
| Inventory | 2,819 | 7,721 | 10,380 | 1,955 | 1,708 | 1,564 | |||
| Other undisclosed current assets | 52,434 | 1,700 | 3,466 | 1,359 | 460 | 286 | |||
| Total current assets: | 74,634 | 47,994 | 82,424 | 12,450 | 7,476 | 6,515 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 7,210 | 8,219 | 498 | 182 | 1,223 | ✕ | |||
| Property, plant and equipment | 6,417 | 13,391 | 17,674 | 4,146 | 5,061 | 5,014 | |||
| Long-term investments and receivables, including: | 10,218 | 28,391 | 21,130 | 21,907 | 793 | 325 | |||
| Long-term investments | 10,107 | 27,469 | 15,252 | 21,370 | 2,154 | 325 | |||
| Accounts and financing receivable, after allowance for credit loss | 111 | 922 | 5,878 | 537 | |||||
| Other undisclosed long-term investments and receivables | (1,361) | ||||||||
| Intangible assets, net (including goodwill) | 47,055 | 122,399 | 56,635 | 50,318 | 4,323 | 3,335 | |||
| Goodwill | 26,862 | 60,919 | 56,606 | 26,862 | 2,454 | 2,454 | |||
| Intangible assets, net (excluding goodwill) | 20,193 | 61,480 | 29 | 23,456 | 1,870 | 881 | |||
| Disposal group, including discontinued operation, noncurrent assets | 744 | ||||||||
| Other noncurrent assets | 97 | 2,699 | 489 | 384 | 50 | 90 | |||
| Other undisclosed noncurrent assets | 7,561 | 25,823 | 105,976 | 1,788 | 1,219 | ||||
| Total noncurrent assets: | 78,558 | 200,922 | 202,402 | 79,469 | 12,669 | 8,765 | |||
| TOTAL ASSETS: | 153,192 | 248,916 | 284,826 | 91,919 | 20,145 | 15,280 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4,466 | 18,902 | 14,254 | 1,482 | 1,492 | 2,454 | |||
| Settlement liabilities | ✕ | ✕ | ✕ | 342 | |||||
| Employee-related liabilities | ✕ | ✕ | ✕ | 11,992 | |||||
| Accounts payable | 3,654 | 5,914 | 1,920 | 1,482 | 1,492 | 1,347 | |||
| Accrued liabilities | 812 | 12,988 | 1,106 | ||||||
| Debt | 47,776 | 47,161 | 3,916 | 278 | 838 | 713 | |||
| Disposal group, including discontinued operation | 240 | ||||||||
| Other liabilities | 983 | 447 | 402 | 1,435 | 390 | 2,256 | |||
| Other undisclosed current liabilities | 2,385 | 7,179 | 9,239 | 5,437 | 1,435 | ||||
| Total current liabilities: | 55,610 | 73,689 | 27,811 | 8,872 | 4,156 | 5,423 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 7,451 | 10,181 | 55,831 | 1,991 | 3,135 | 1,722 | |||
| Long-term debt, excluding current maturities | 7,451 | 10,181 | 55,711 | 1,976 | 2,310 | 1,722 | |||
| Liabilities, other than long-term debt | 6,917 | 8,365 | 880 | 4,511 | 551 | 560 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 169 | ||
| Deferred income tax liabilities | 38 | 3,499 | 44 | ✕ | |||||
| Disposal group, including discontinued operation, liabilities | 505 | ||||||||
| Other liabilities | 507 | 880 | 507 | 507 | 391 | ||||
| Operating lease, liability | 6,917 | 7,820 | 120 | 15 | 826 | ✕ | |||
| Total noncurrent liabilities: | 14,368 | 18,546 | 56,711 | 6,502 | 3,686 | 2,282 | |||
| Total liabilities: | 69,978 | 92,235 | 84,522 | 15,374 | 7,842 | 7,705 | |||
| Equity | |||||||||
| Equity, attributable to parent | 63,927 | 125,562 | 163,895 | 73,115 | 12,303 | 7,574 | |||
| Preferred stock | 1 | ||||||||
| Common stock | 140 | 2,779 | 1,594 | 116 | 724 | 349 | |||
| Additional paid in capital | 319,963 | 317,126 | 294,685 | 174,380 | 114,860 | 107,625 | |||
| Accumulated other comprehensive loss | (7) | ||||||||
| Accumulated deficit | (256,176) | (194,343) | (132,384) | (101,382) | (103,281) | (100,392) | |||
| Equity, attributable to noncontrolling interest | 19,287 | 31,119 | 3,430 | ||||||
| Other undisclosed equity | 36,409 | ||||||||
| Total equity: | 83,214 | 156,681 | 200,304 | 76,545 | 12,303 | 7,574 | |||
| TOTAL LIABILITIES AND EQUITY: | 153,192 | 248,916 | 284,826 | 91,919 | 20,145 | 15,280 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 25,933 | 47,307 | 20,275 | 2,085 | 2,148 | 1,575 | ||
| Cost of revenue | (37,463) | (12,602) | (11,853) | |||||
| Cost of product and service sold | (12,602) | (11,853) | ||||||
| Gross profit: | 25,933 | 9,844 | 20,275 | 2,085 | (10,454) | (10,278) | ||
| Operating expenses | (45,733) | (90,994) | (41,684) | (28,158) | (22,290) | (20,224) | ||
| Other undisclosed operating income | 37,463 | 15,326 | 29,864 | 28,794 | ||||
| Operating loss: | (19,800) | (43,687) | (21,409) | (10,747) | (2,880) | (1,709) | ||
| Nonoperating income (expense) | (3,146) | (6,466) | (11,210) | 1 | ||||
| Investment income, nonoperating | (3,678) | (10,068) | (12,035) | |||||
| Other nonoperating income | 532 | 3,602 | 825 | 1 | ||||
| Interest and debt expense | (553) | (2,800) | 116 | 784 | (157) | 3,388 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (23,499) | (52,953) | (32,503) | (9,962) | (3,038) | 1,679 | ||
| Income (loss) from equity method investments | (34) | 129 | (9,939) | |||||
| Other undisclosed income (loss) from continuing operations before income taxes | (50,506) | (16,666) | 4,360 | 11,274 | 23 | (198) | ||
| Income (loss) from continuing operations before income taxes: | (74,039) | (69,490) | (38,082) | 1,312 | (3,015) | 1,482 | ||
| Income tax expense (benefit) | (4) | (172) | 4,032 | (1,774) | 125 | (17) | ||
| Income (loss) from continuing operations: | (74,043) | (69,662) | (34,050) | (462) | (2,889) | 1,465 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (31,921) | (462) | (2,889) | 1,465 | |
| Income (loss) from discontinued operations | (3,481) | 2,129 | ||||||
| Net income (loss): | (77,524) | (69,662) | (31,921) | (462) | (2,889) | 1,465 | ||
| Net income (loss) attributable to noncontrolling interest | 9,822 | 921 | (481) | |||||
| Other undisclosed net income attributable to parent | 16,897 | 2,361 | ||||||
| Net income (loss) attributable to parent: | (60,627) | (59,840) | (31,000) | 1,418 | (2,889) | 1,465 | ||
| Other undisclosed net income available to common stockholders, basic | 481 | |||||||
| Net income (loss) available to common stockholders, basic: | (60,627) | (59,840) | (31,000) | 1,899 | (2,889) | 1,465 | ||
| Dilutive securities, effect on basic earnings per share | 4 | |||||||
| Net income (loss) available to common stockholders, diluted: | (60,627) | (59,840) | (30,996) | 1,899 | (2,889) | 1,465 | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (77,524) | (69,662) | (31,921) | (462) | (2,889) | 1,465 | ||
| Other comprehensive income | 7 | 16 | ||||||
| Comprehensive income (loss): | (77,524) | (69,662) | (31,921) | (462) | (2,882) | 1,481 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 9,822 | 514 | (481) | |||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 2,361 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (77,524) | (59,840) | (31,407) | 1,418 | (2,882) | 1,481 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.