DSS Inc. (DSS) Financial Statements (2026 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)
| 9/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 20,642 | 6,615 | 19,290 | 56,595 | 5,226 | 1,096 | |||
| Cash and cash equivalent | 11,431 | 6,615 | 19,290 | 56,595 | 5,226 | 1,096 | |||
| Short-term investments | 9,211 | ||||||||
| Restricted cash and investments | |||||||||
| Receivables | 3,068 | 12,766 | 19,283 | 11,983 | 3,910 | 4,212 | |||
| Inventory, net of allowances, customer advances and progress billings | 2,442 | 2,819 | 7,721 | 10,380 | 1,955 | 1,708 | |||
| Inventory | 2,442 | 2,819 | 7,721 | 10,380 | 1,955 | 1,708 | |||
| Other undisclosed current assets | 37,665 | 52,434 | 1,700 | 3,466 | 1,359 | 460 | |||
| Total current assets: | 63,817 | 74,634 | 47,994 | 82,424 | 12,450 | 7,476 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 6,465 | 7,210 | 8,219 | 498 | 182 | 1,223 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 5,381 | 6,417 | 13,391 | 17,674 | 4,146 | 5,061 | |||
| Long-term investments and receivables, including: | 9,340 | 10,218 | 28,391 | 21,130 | 21,907 | 793 | |||
| Long-term investments | 9,340 | 10,107 | 27,469 | 15,252 | 21,370 | 2,154 | |||
| Accounts and financing receivable, after allowance for credit loss | 111 | 922 | 5,878 | 537 | |||||
| Other undisclosed long-term investments and receivables | (1,361) | ||||||||
| Intangible asset, including goodwill, after accumulated amortization | 20,659 | 47,055 | 122,399 | 56,635 | 50,318 | 4,323 | |||
| Goodwill | 1,769 | 26,862 | 60,919 | 56,606 | 26,862 | 2,454 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 18,890 | 20,193 | 61,480 | 29 | 23,456 | 1,870 | |||
| Disposal group, including discontinued operation, noncurrent assets | 744 | ||||||||
| Other noncurrent assets | 162 | 97 | 2,699 | 489 | 384 | 50 | |||
| Other undisclosed noncurrent assets | 629 | 7,561 | 25,823 | 105,976 | 1,788 | 1,219 | |||
| Total noncurrent assets: | 42,636 | 78,558 | 200,922 | 202,402 | 79,469 | 12,669 | |||
| TOTAL ASSETS: | 106,453 | 153,192 | 248,916 | 284,826 | 91,919 | 20,145 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,339 | 4,466 | 18,902 | 14,254 | 1,482 | 1,492 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 11,992 | ||||
| Accounts payable | 2,793 | 3,654 | 5,914 | 1,920 | 1,482 | 1,492 | |||
| Settlement liabilities | ✕ | ✕ | ✕ | ✕ | 342 | ||||
| Accrued liabilities | 546 | 812 | 12,988 | ||||||
| Debt | 47,776 | 47,161 | 3,916 | 278 | 838 | ||||
| Disposal group, including discontinued operation | 240 | ||||||||
| Other liabilities | 4,193 | 983 | 447 | 402 | 1,435 | 390 | |||
| Other undisclosed current liabilities | 57,496 | 2,385 | 7,179 | 9,239 | 5,437 | 1,435 | |||
| Total current liabilities: | 65,028 | 55,610 | 73,689 | 27,811 | 8,872 | 4,156 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,398 | 7,451 | 10,181 | 55,831 | 1,991 | 3,135 | |||
| Long-term debt, excluding current maturities | 2,398 | 7,451 | 10,181 | 55,711 | 1,976 | 2,310 | |||
| Liabilities, other than long-term debt | 6,311 | 6,917 | 8,365 | 880 | 4,511 | 551 | |||
| Deferred income tax liabilities | 38 | 3,499 | 44 | ||||||
| Disposal group, including discontinued operation, liabilities | 505 | ||||||||
| Other liabilities | 507 | 880 | 507 | 507 | |||||
| Operating lease, liability | 6,311 | 6,917 | 7,820 | 120 | 15 | 826 | |||
| Total noncurrent liabilities: | 8,709 | 14,368 | 18,546 | 56,711 | 6,502 | 3,686 | |||
| Total liabilities: | 73,737 | 69,978 | 92,235 | 84,522 | 15,374 | 7,842 | |||
| Equity | |||||||||
| Equity, attributable to parent | 20,239 | 63,927 | 125,562 | 163,895 | 73,115 | 12,303 | |||
| Preferred stock | 1 | ||||||||
| Common stock | 161 | 140 | 2,779 | 1,594 | 116 | 724 | |||
| Additional paid in capital | 323,150 | 319,963 | 317,126 | 294,685 | 174,380 | 114,860 | |||
| Accumulated deficit | (303,072) | (256,176) | (194,343) | (132,384) | (101,382) | (103,281) | |||
| Equity, attributable to noncontrolling interest | 12,477 | 19,287 | 31,119 | 3,430 | |||||
| Other undisclosed equity | 36,409 | ||||||||
| Total equity: | 32,716 | 83,214 | 156,681 | 200,304 | 76,545 | 12,303 | |||
| TOTAL LIABILITIES AND EQUITY: | 106,453 | 153,192 | 248,916 | 284,826 | 91,919 | 20,145 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 19,097 | 25,933 | 47,307 | 20,275 | 2,085 | 2,148 | ||
| Cost of revenue | (37,463) | (12,602) | ||||||
| Cost of product and service sold | (12,602) | |||||||
| Gross profit: | 19,097 | 25,933 | 9,844 | 20,275 | 2,085 | (10,454) | ||
| Operating expenses | (61,693) | (45,733) | (90,994) | (41,684) | (28,158) | (22,290) | ||
| Other undisclosed operating income | 37,463 | 15,326 | 29,864 | |||||
| Operating loss: | (42,596) | (19,800) | (43,687) | (21,409) | (10,747) | (2,880) | ||
| Nonoperating income (expense) | 674 | (3,146) | (6,466) | (11,210) | 1 | |||
| Investment income, nonoperating | 462 | (3,678) | (10,068) | (12,035) | ||||
| Other nonoperating income | 218 | 532 | 3,602 | 825 | 1 | |||
| Interest and debt expense | (553) | (2,800) | 116 | 784 | (157) | |||
| Loss from continuing operations before equity method investments, income taxes: | (41,922) | (23,499) | (52,953) | (32,503) | (9,962) | (3,038) | ||
| Income (loss) from equity method investments | 1 | (34) | 129 | (9,939) | ||||
| Other undisclosed income (loss) from continuing operations before income taxes | (11,777) | (50,506) | (16,666) | 4,360 | 11,274 | 23 | ||
| Income (loss) from continuing operations before income taxes: | (53,698) | (74,039) | (69,490) | (38,082) | 1,312 | (3,015) | ||
| Income tax expense (benefit) | (8) | (4) | (172) | 4,032 | (1,774) | 125 | ||
| Loss from continuing operations: | (53,706) | (74,043) | (69,662) | (34,050) | (462) | (2,889) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (31,921) | (462) | (2,889) | |
| Income (loss) from discontinued operations | (3,481) | 2,129 | ||||||
| Net loss: | (53,706) | (77,524) | (69,662) | (31,921) | (462) | (2,889) | ||
| Net income (loss) attributable to noncontrolling interest | 6,810 | 9,822 | 921 | (481) | ||||
| Other undisclosed net income attributable to parent | 16,897 | 2,361 | ||||||
| Net income (loss) attributable to parent: | (46,896) | (60,627) | (59,840) | (31,000) | 1,418 | (2,889) | ||
| Other undisclosed net income available to common stockholders, basic | 481 | |||||||
| Net income (loss) available to common stockholders, basic: | (46,896) | (60,627) | (59,840) | (31,000) | 1,899 | (2,889) | ||
| Dilutive securities, effect on basic earnings per share | 4 | |||||||
| Net income (loss) available to common stockholders, diluted: | (46,896) | (60,627) | (59,840) | (30,996) | 1,899 | (2,889) | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (53,706) | (77,524) | (69,662) | (31,921) | (462) | (2,889) | ||
| Other comprehensive income | 7 | |||||||
| Comprehensive loss: | (53,706) | (77,524) | (69,662) | (31,921) | (462) | (2,882) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 6,810 | 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: | (46,896) | (77,524) | (59,840) | (31,407) | 1,418 | (2,882) | ||
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.