TSS Inc (TSSI) financial statements (2021 and earlier)

Company profile

Business Address 110 E. OLD SETTLERS ROAD
ROUND ROCK, TX 78664
State of Incorp. DE
Fiscal Year End December 31
SIC 8742 - Management Consulting Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments19962211
Cash and cash equivalents19962211
Receivables1411274
Inventory, net of allowances, customer advances and progress billings0100000
Inventory0100000
Contract with customer, asset100
Costs in excess of billings0111
Deferred tax assets    (0)
Other undisclosed current assets0000000
Total current assets:2114745107
Noncurrent Assets
Operating lease, right-of-use asset11
Property, plant and equipment1100111
Intangible assets, net (including goodwill)1112333
Goodwill1112222
Intangible assets, net (excluding goodwill)0001111
Other noncurrent assets0000000
Deferred tax assets, net    (0)
Other undisclosed noncurrent assets      0
Total noncurrent assets:3323344
TOTAL ASSETS:24189791310
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:13923586
Accounts payable13811 0 
Accrued liabilities0011121
Employee-related liabilities0011101
Other undisclosed accounts payable and accrued liabilities0000454
Debt 1  00(0)
Billings in excess of cost2322
Deferred tax liabilities    0
Contract with customer, liability2
Other liabilities    1  
Other undisclosed current liabilities52   21
Total current liabilities:1812559139
Noncurrent Liabilities
Long-term debt and lease obligation2322111
Long-term debt, excluding current maturities2222111
Operating lease, liability01
Liabilities, other than long-term debt000000(0)
Deferred revenue00
Contract with customer, liability0
Deferred tax liabilities, net    (0)
Other liabilities  00000
Other undisclosed noncurrent liabilities      0
Total noncurrent liabilities:3322111
Total liabilities:21157710149
Stockholders' equity
Stockholders' equity attributable to parent332(0)(1)(1)1
Common stock0000000
Treasury stock, value(2)(2)(2)(2)(2)(2)(2)
Additional paid in capital70706969696868
Accumulated deficit(65)(65)(65)(68)(68)(67)(65)
Total stockholders' equity:332(0)(1)(1)1
TOTAL LIABILITIES AND EQUITY:24189791310

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues45332218272928
Cost of revenue(38)(26) (1)(0)(1)(1)
Cost of goods and services sold   (1)(0)(1)(1)
Other undisclosed gross profit  (14)(10)(20)(21)(19)
Gross profit:7788789
Operating expenses(7)(6)(5)(6)(7)(10)(11)
Other undisclosed operating loss(1)(0)(0)(0)(1)(1)(0)
Operating income (loss):(0)031(1)(2)(2)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
1  (0)(0)0 
Interest and debt expense1(0)(0)(0)(0)(0)(0)
Other undisclosed loss from continuing operations before equity method investments, income taxes(1)      
Income (loss) from continuing operations before income taxes:0021(1)(2)(3)
Income tax expense(0)(0)(0)(0)(0)(0)(0)
Net income (loss) available to common stockholders, diluted:0021(1)(2)(3)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):0021(1)(2)(3)
Comprehensive income (loss), net of tax, attributable to parent:0021(1)(2)(3)

Statements sources

The financial statements are based on the company's filings with the 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.

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