DSS, INC.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
View on SEC.govAbout this filing
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.
FY2024 · Filed Mar 31, 2025
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
| 2024 · 2023 | |||
|---|---|---|---|
| Revenue: | |||
| Printed products | $16,107,000 | $18,497,000 | |
| Rental income | 1,792,000 | 3,647,000 | |
| Net investment income | 226,000 | 385,000 | |
| Direct marketing | - | 1,763,000 | |
| Commission revenue | 972,000 | 1,641,000 | |
| Total revenue | 19,097,000 | 25,933,000 | |
| Costs and expenses: | |||
| Cost of revenue | 23,539,000 | 25,390,000 | |
| Selling, general and administrative (including stock-based compensation) | 38,154,000 | 51,321,000 | |
| Total costs and expenses | 61,693,000 | 76,711,000 | |
| Operating loss | (42,596,000) | (50,778,000) | |
| Other income (expense): | |||
| Interest income | 238,000 | 1,118,000 | |
| Interest income on notes receivable, related party | 102,000 | 171,000 | |
| Dividend income | - | 16,000 | |
| Other income | 218,000 | 532,000 | |
| Interest expense | (283,000) | (553,000) | |
| Foreign currency translation adjustment | (6,000) | - | |
| Gain/(loss) on equity method investment | 1,000 | (34,000) | |
| Gain/(loss) on investments | 224,000 | (4,967,000) | |
| Impairment of intangible assets | - | (7,418,000) | |
| Impairment of real estate assets | (7,288,000) | (812,000) | |
| Impairment of investments | (782,000) | - | |
| Impairment of assets upon deconsolidation of SHRG | - | (6,220,000) | |
| Provision for loan losses | (3,691,000) | (3,794,000) | |
| Gain/(loss) on sale of assets | 165,000 | (1,300,000) | |
| Loss from continuing operations before income taxes | (53,698,000) | (74,039,000) | |
| Income tax expense | (8,000) | (4,000) | |
| Loss from continuing operations | (53,706,000) | (74,043,000) | |
| Loss from discontinued operations, net of tax | - | (3,481,000) | |
| Net loss | (53,706,000) | (77,524,000) | |
| Loss from continuing operations attributed to noncontrolling interest | 6,810,000 | 16,897,000 | |
| Net loss attributable to common stockholders | $(46,896,000) | $(60,627,000) | |
| Amounts attributable to DSS stockholders | |||
| Loss from continuing operations net of taxes | $(46,896,000) | $(57,335,000) | |
| Loss from discontinued operations net of taxes | - | (3,292,000) | |
| Net loss attributable to DSS shareholders | $(46,896,000) | $(60,627,000) | |
| Loss per common share attributable to common stock holders - continuing operations | |||
| Basic | $(6.63) | $(8.20) | |
| Diluted | $(6.63) | $(8.20) | |
| Loss per common share attributable to common stock holders - discontinued operations | |||
| Basic | $ | - | $(0.47) |
| Diluted | $ | - | $(0.47) |
| Shares used in computing loss per common share: | |||
| Basic | 7,072,377 | 6,996,322 | |
| Diluted | 7,072,377 | 6,996,322 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.