DSS INC
For the period ended Dec 31, 2023. Filed Mar 27, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 27, 2024
DSS$0.50+0.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
DSS, INC. AND SUBSIDIARIES
| 2023 | 2022 | |
|---|---|---|
| Revenue: | ||
| Printed products | $18,497,000 | $17,973,000 |
| Rental income | 3,647,000 | 6,287,000 |
| Management fee income | - | 134,000 |
| Net investment income | 385,000 | 630,000 |
| Direct marketing | 6,088,000 | 21,989,000 |
| Commission revenue | 1,641,000 | 294,000 |
| Total revenue | 30,258,000 | 47,307,000 |
| Costs and expenses: | ||
| Cost of revenue | 26,647,000 | 40,247,000 |
| Selling, general and administrative (including stock-based compensation) | 25,072,000 | 53,531,000 |
| Total costs and expenses | 51,719,000 | 93,778,000 |
| Operating loss | (21,461,000) | (46,471,000) |
| Other income (expense): | ||
| Interest income | 1,289,000 | 629,000 |
| Dividend income | 16,000 | 159,000 |
| Other income | 532,000 | 3,602,000 |
| Interest expense | (553,000) | (126,000) |
| Litigation loss | - | (8,750,000) |
| Gain on extinguishment of debt | - | 110,000 |
| Loss on equity method investment | (34,000) | 129,000 |
| Loss on investments | (32,986,000) | (10,697,000) |
| Impairment of investment | - | (5,637,000) |
| Impairment of fixed assets | - | (2,843,000) |
| Impairment of intangible assets | (7,418,000) | - |
| Impairment of investment in real estate | (812,000) | |
| Impairment of goodwill | (30,978,000) | - |
| Provision for loan losses | (3,794,000) | - |
| Loss on sale of assets | (1,300,000) | 405,000 |
| Loss before income taxes | (97,499,000) | (69,490,000) |
| Income tax loss | (4,000) | (172,000) |
| Net loss | $(97,503,000) | $(69,662,000) |
| Net loss attributed to noncontrolling interest | 16,897,000 | 9,822,000 |
| Net loss attributable to common stockholders | $(80,606,000) | $(59,840,000) |
| Loss per common share: | ||
| Basic | $(11.52) | $(10.72) |
| Diluted | $(11.52) | $(10.72) |
| Shares used in computing loss (earnings) per common share: | ||
| Basic | 6,996,322 | 5,581,106 |
| Diluted | 6,996,322 | 5,581,106 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.