DSS, Inc. income statement
In fiscal 2025, DSS, Inc. reported revenue of $20.8m, up 8.7% on the year before, operating income of −$14.4m (a -69.5% margin) and net income of −$23.9m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13 | 13 | 17 | 17 | 18 | 18 | 19 | 19 | 19 | 16 | 15 | 20 | 28 | 26 | 19 | 21 | 18 |
| Cost of revenue | 10 | 9 | 11 | — | — | — | — | 11 | 12 | 13 | — | 17 | 37 | — | — | — | — |
| Gross profit | 4 | 4 | 6 | — | — | — | — | 8 | 7 | 3 | — | 3 | −9 | — | — | — | — |
| Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 0 | 0 | — |
| Selling, general and administrative | 6 | 7 | 9 | 12 | 11 | 9 | 7 | 6 | 7 | 7 | 15 | 27 | 25 | 51 | 38 | 12 | 13 |
| Operating income | −4 | −3 | −4 | −8 | −46 | −14 | −1 | −0 | −2 | −3 | −11 | −24 | −30 | −51 | −43 | −14 | −17 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | 0 | 0 | 1 | 0 | 0 | 0 |
| Net interest income | — | — | — | — | — | — | — | 0 | 0 | — | −0 | −0 | — | — | — | — | — |
| Income before tax | −5 | −3 | −4 | −8 | −47 | −14 | −1 | −1 | 1 | −3 | 0 | −40 | −43 | −74 | −54 | −27 | −31 |
| Income tax | −1 | −0 | 0 | −11 | −1 | 0 | 0 | −0 | 0 | −0 | −2 | −4 | 0 | 0 | 0 | — | — |
| Net income | −3 | −3 | −4 | 3 | −41 | −14 | −1 | −1 | 1 | −3 | 2 | −33 | −60 | −61 | −47 | −24 | −28 |
| Diluted EPS | −$0.01 | −$47.81 | −$0.02 | $0.01 | −$275.63 | −$84.38 | −$0.01 | −$0.00 | $0.01 | −$0.26 | $0.07 | −$13.60 | −$6.84 | −$8.20 | −$6.63 | — | −$2.92 |
| Diluted shares (average) | — | — | — | — | — | — | 186m | 205m | 241m | 363m | 3m | 3m | 6m | 7m | 8m | 9m | 9m |
| EBITDA | −3 | −3 | −3 | −5 | −41 | −13 | 1 | 1 | −0 | −1 | −10 | −19 | −18 | −46 | −40 | −12 | −13 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6 | 5 | 5 | 5 | 6 | 4 | 4 | 4 |
| Selling, general and administrative | 4 | 27 | 3 | 3 | 4 | 2 | 4 | 3 |
| Operating income | −5 | −28 | −4 | −3 | −3 | −4 | −5 | −4 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −6 | −38 | −5 | −3 | −2 | −17 | −6 | −5 |
| Income tax | 0 | 0 | −0 | 0 | 0 | — | — | — |
| Net income | −5 | −33 | −5 | −2 | −2 | −15 | −6 | −5 |
| Diluted EPS | −$0.75 | −$4.64 | — | — | — | — | — | — |
| EBITDA | −4 | −28 | −3 | −3 | −2 | −3 | −5 | −3 |
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