NYSEAMERICAN : DSS
DSS, Inc. — Financial statements
Consumer Discretionary · Packaging & Containers · United States
Last price 0.51 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 5.12M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
DSS, Inc. (DSS) reported revenue of 18.45M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 18.40M | 20.67M | 18.87M | 25.55M | 46.68M | 20.02M |
| Other Revenue | 55.00K | 83.00K | 226.00K | 385.00K | 630.00K | 250.00K |
| Revenue | 18.45M | 20.76M | 19.10M | 25.93M | 47.31M | 20.27M |
| Cost of Revenue | 22.31M | 22.93M | 27.23M | 29.18M | 40.25M | 16.82M |
| Gross Profit | -3.86M | -2.17M | -8.13M | -3.25M | 7.06M | 3.45M |
| Selling, General & Admin | 12.70M | 12.27M | 38.15M | 51.32M | 53.53M | 26.98M |
| Operating Expenses | 12.70M | 12.27M | 38.15M | 51.32M | 53.53M | 26.98M |
| Operating Income | -16.56M | -14.43M | -46.29M | -54.57M | -46.47M | -23.53M |
| Interest Expense | -238.00K | -266.00K | -283.00K | -553.00K | -126.00K | -196.00K |
| Interest & Investment Income | 69.00K | 71.00K | 340.00K | 1.30M | 788.00K | 4.56M |
| Earnings From Equity Investments | -378.00K | -16.00K | 1.00K | -34.00K | 129.00K | -9.94M |
| Currency Exchange Gain (Loss) | -6.00K | |||||
| Other Non Operating Income (Expenses) | 8.00K | 11.00K | 218.00K | 532.00K | 3.60M | 822.00K |
| EBT Excluding Unusual Items | -17.10M | -14.63M | -46.02M | -53.32M | -42.08M | -28.28M |
| Gain (Loss) on Sale of Investments | -2.96M | -807.00K | -558.00K | -4.97M | -16.33M | -12.04M |
| Gain (Loss) on Sale of Assets | -8.89M | -9.62M | 165.00K | -1.30M | 405.00K | |
| Asset Writedown | -2.42M | -3.02M | -7.29M | -14.45M | -2.84M | |
| Legal Settlements | -8.75M | |||||
| Other Unusual Items | 595.00K | 595.00K | 110.00K | 116.00K | ||
| Pretax Income | -30.78M | -27.49M | -53.70M | -74.04M | -69.49M | -40.20M |
| Income Tax Expense | 67.00K | 8.00K | 4.00K | 172.00K | -4.03M | |
| Earnings From Continuing Operations | -30.85M | -27.49M | -53.71M | -74.04M | -69.66M | -36.17M |
| Earnings From Discontinued Operations | -189.00K | 2.13M | ||||
| Net Income to Company | -30.85M | -27.49M | -53.71M | -74.23M | -69.66M | -34.04M |
| Minority Interest in Earnings | 3.46M | 3.56M | 6.81M | 16.90M | 9.82M | 921.00K |
| Net Income | -27.39M | -23.93M | -46.90M | -57.34M | -59.84M | -33.12M |
| Net Income to Common | -27.39M | -23.93M | -46.90M | -57.34M | -59.84M | -33.12M |
| Shares Outstanding (Basic) | 9.47M | 8.99M | 7.07M | 7.00M | 5.58M | 2.58M |
| Shares Outstanding (Diluted) | 9.47M | 8.99M | 7.07M | 7.00M | 5.58M | 2.58M |
| EPS (Basic) | -2.89 | -2.66 | -6.63 | -8.20 | -10.72 | -12.86 |
| EPS (Diluted) | -2.90 | -2.66 | -6.63 | -8.23 | -10.72 | -12.86 |
| Free Cash Flow | -11.00M | -9.40M | -8.89M | -20.01M | -29.25M | -23.09M |
| Free Cash Flow Per Share | -1.16 | -1.04 | -1.26 | -2.86 | -5.24 | -8.96 |
| Gross Margin | -20.91% | -10.45% | -42.59% | -12.54% | 14.92% | 17.02% |
| Operating Margin | -89.72% | -69.54% | -242.38% | -210.44% | -98.23% | -116.04% |
| Profit Margin | -148.42% | -115.28% | -245.57% | -221.09% | -126.49% | -163.35% |
| Free Cash Flow Margin | -59.60% | -45.27% | -46.57% | -77.17% | -61.82% | -113.87% |
| EBITDA | -13.45M | -11.54M | -43.95M | -49.37M | -33.55M | -19.21M |
| EBITDA Margin | -72.87% | -55.62% | -230.14% | -190.36% | -70.91% | -94.73% |
| D&A For EBITDA | 3.11M | 2.89M | 2.34M | 5.21M | 12.93M | 4.32M |
| EBIT | -16.56M | -14.43M | -46.29M | -54.57M | -46.47M | -23.53M |
| EBIT Margin | -89.72% | -69.54% | -242.38% | -210.44% | -98.23% | -116.04% |
| Revenue as Reported | 18.45M | 20.76M | 19.10M | 25.93M | 47.31M | 20.27M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.07M | 6.21M | 11.43M | 6.62M | 19.29M | 56.59M |
| Trading Asset Securities | 1.09M | 2.69M | 2.88M | |||
| Cash & Short-Term Investments | 5.16M | 8.91M | 14.31M | 6.62M | 19.29M | 56.59M |
| Accounts Receivable | 1.29M | 2.25M | 3.07M | 3.99M | 7.56M | 5.67M |
| Receivables | 1.76M | 2.69M | 3.65M | 12.77M | 19.28M | 11.98M |
| Inventory | 1.98M | 2.00M | 2.44M | 2.82M | 7.72M | 8.26M |
| Prepaid Expenses | 467.00K | 649.00K | 1.14M | 839.00K | 1.70M | 3.47M |
| Restricted Cash | 100.00K | |||||
| Other Current Assets | 45.16M | 51.59M | ||||
| Total Current Assets | 9.37M | 14.35M | 66.69M | 74.63M | 47.99M | 80.31M |
| Property, Plant & Equipment | 10.12M | 10.64M | 11.85M | 13.63M | 21.61M | 18.17M |
| Long-Term Investments | 14.21M | 7.13M | 6.96M | 11.39M | 29.00M | 26.25M |
| Goodwill | 1.77M | 1.77M | 1.77M | 26.86M | 60.92M | 56.61M |
| Other Intangible Assets | 16.46M | 17.03M | 18.89M | 20.19M | 30.74M | 38.63M |
| Other Long-Term Assets | 16.42M | 16.71M | 162.00K | 6.38M | 57.73M | 56.86M |
| Total Assets | 68.35M | 67.63M | 106.45M | 153.19M | 248.92M | 282.71M |
| Accounts Payable | 3.19M | 2.60M | 2.79M | 3.65M | 5.91M | 1.92M |
| Accrued Expenses | 10.39M | 8.81M | 7.45M | 2.29M | 9.49M | 19.33M |
| Short-Term Debt | 1.38M | 503.00K | ||||
| Current Portion of Long-Term Debt | 30.50M | 30.53M | 49.78M | 47.78M | 47.16M | 3.92M |
| Current Portion of Leases | 603.00K | 611.00K | 606.00K | 686.00K | 796.00K | 393.00K |
| Current Income Taxes Payable | 172.00K | |||||
| Current Unearned Revenue | 5.00K | 120.00K | 519.00K | 1.35M | ||
| Other Current Liabilities | 3.19M | 4.44M | 4.28M | 1.21M | 9.64M | 904.00K |
| Total Current Liabilities | 49.24M | 47.50M | 65.03M | 55.61M | 73.69M | 27.81M |
| Long-Term Debt | 5.27M | 5.73M | 2.40M | 7.45M | 10.18M | 55.71M |
| Long-Term Leases | 5.39M | 5.69M | 6.31M | 6.92M | 7.82M | 120.00K |
| Long-Term Deferred Tax Liabilities | 38.00K | |||||
| Other Long-Term Liabilities | 507.00K | 880.00K | ||||
| Total Liabilities | 59.90M | 58.91M | 73.74M | 69.98M | 92.23M | 84.52M |
| Common Stock | 200.00K | 182.00K | 161.00K | 140.00K | 139.00K | 1.59M |
| Additional Paid-In Capital | 336.81M | 325.99M | 322.85M | 319.96M | 319.77M | 294.69M |
| Retained Earnings | -337.39M | -327.00M | -303.07M | -256.18M | -194.34M | -134.50M |
| Total Common Equity | -382.00K | -832.00K | 19.94M | 63.93M | 125.56M | 161.78M |
| Minority Interest | 8.83M | 9.55M | 12.78M | 19.29M | 31.12M | 36.41M |
| Shareholders' Equity | 8.45M | 8.71M | 32.72M | 83.21M | 156.68M | 198.19M |
| Total Liabilities & Equity | 68.35M | 67.63M | 106.45M | 153.19M | 248.92M | 282.71M |
| Total Debt | 43.14M | 43.06M | 59.09M | 62.83M | 65.96M | 60.14M |
| Net Cash (Debt) | -36.26M | -27.64M | -38.45M | -46.24M | -19.36M | 10.63M |
| Net Cash Per Share | -3.83 | -3.07 | -5.44 | -6.61 | -3.47 | 4.12 |
| Filing Date Shares Outstanding | 10.04M | 9.99M | 9.09M | 7.07M | 6.95M | 4.19M |
| Total Common Shares Outstanding | 10.04M | 9.09M | 8.09M | 7.07M | 6.95M | 3.99M |
| Working Capital | -39.87M | -33.15M | 1.67M | 19.02M | -25.70M | 52.49M |
| Book Value Per Share | -0.04 | -0.09 | 2.46 | 9.05 | 18.06 | 40.57 |
| Tangible Book Value | -18.61M | -19.64M | -718.00K | 16.87M | 33.90M | 66.54M |
| Tangible Book Value Per Share | -1.85 | -2.16 | -0.09 | 2.39 | 4.88 | 16.69 |
| Land | 1.82M | 185.00K | ||||
| Buildings | 317.00K | 317.00K | 294.00K | 5.10M | 11.23M | |
| Machinery | 10.65M | 10.43M | 10.41M | 9.67M | 7.40M | |
| Construction In Progress | 365.00K | 667.00K | 4.21M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -27.39M | -23.93M | -46.90M | -57.34M | -59.84M | -33.12M |
| Depreciation & Amortization | 3.75M | 3.53M | 3.08M | 5.21M | 12.93M | 4.32M |
| Other Amortization | 32.00K | |||||
| Loss (Gain) From Sale of Assets | 9.37M | 9.62M | -14.00K | 1.30M | ||
| Asset Writedown & Restructuring Costs | 2.42M | 3.02M | 32.65M | 45.43M | 2.84M | |
| Loss (Gain) From Sale of Investments | 1.05M | 531.00K | 558.00K | 7.31M | 19.02M | 12.04M |
| Loss (Gain) on Equity Investments | 378.00K | 16.00K | -1.00K | 34.00K | -129.00K | 9.94M |
| Stock-Based Compensation | 1.45M | 1.07M | 19.00K | 4.00K | 78.00K | |
| Other Operating Activities | -3.75M | -3.86M | -6.91M | -8.88M | -7.99M | -7.20M |
| Change in Accounts Receivable | 1.15M | 558.00K | 1.14M | 1.32M | -1.89M | -2.08M |
| Change in Inventory | 250.00K | 152.00K | 377.00K | 5.48M | 540.00K | -6.31M |
| Change in Accounts Payable | 681.00K | -196.00K | -861.00K | -2.26M | 3.99M | 463.00K |
| Change in Other Net Operating Assets | -2.38M | 652.00K | 7.03M | -13.31M | 3.56M | 12.86M |
| Operating Cash Flow | -10.66M | -9.13M | -8.76M | -19.19M | -26.95M | -8.80M |
| Capital Expenditures | -338.00K | -268.00K | -133.00K | -818.00K | -2.29M | -14.28M |
| Sale of Property, Plant & Equipment | 5.61M | 248.00K | 2.15M | |||
| Cash Acquisitions | 40.00K | -1.88M | 3.36M | |||
| Sale (Purchase) of Intangibles | -508.00K | -18.11M | ||||
| Sale (Purchase) of Real Estate | 6.17M | 15.68M | -140.00K | -732.00K | -56.79M | |
| Investment in Securities | -1.54M | 2.41M | 3.02M | 9.50M | -12.15M | -24.53M |
| Other Investing Activities | 44.00K | 250.00K | 3.78M | -36.00K | -2.55M | -8.65M |
| Investing Cash Flow | 4.34M | 18.07M | 12.14M | 8.94M | -17.97M | -119.01M |
| Short-Term Debt Issued | 500.00K | |||||
| Long-Term Debt Issued | 3.25M | 876.00K | 1.83M | 9.60M | 60.86M | |
| Total Debt Issued | 7.16M | 3.75M | 876.00K | 1.83M | 9.60M | 60.86M |
| Long-Term Debt Repaid | -17.81M | -2.63M | -4.25M | -3.50M | -1.95M | |
| Total Debt Repaid | -6.97M | -17.81M | -2.63M | -4.25M | -3.50M | -1.95M |
| Net Debt Issued (Repaid) | 196.00K | -14.06M | -1.75M | -2.42M | 6.10M | 58.91M |
| Issuance of Common Stock | 703.00K | 3.19M | 1.52M | 121.74M | ||
| Other Financing Activities | -1.43M | |||||
| Financing Cash Flow | 899.00K | -14.06M | 1.44M | -2.42M | 7.62M | 179.22M |
| Net Cash Flow | -5.42M | -5.12M | 4.82M | -12.68M | -37.30M | 51.41M |
| Free Cash Flow | -11.00M | -9.40M | -8.89M | -20.01M | -29.25M | -23.09M |
| Free Cash Flow Margin | -59.60% | -45.27% | -46.57% | -77.17% | -61.82% | -113.87% |
| Free Cash Flow Per Share | -1.16 | -1.04 | -1.26 | -2.86 | -5.24 | -8.96 |
| Levered Free Cash Flow | 3.82M | 43.30M | -3.01M | -87.96M | -21.76M | -44.22M |
| Unlevered Free Cash Flow | 3.93M | 43.47M | -2.83M | -87.62M | -21.68M | -44.10M |
| Cash Interest Paid | 1.50M | 720.00K | 1.29M | 3.27M | ||
| Cash Income Tax Paid | 8.00K | 6.00K | ||||
| Change in Working Capital | 2.25M | 850.00K | 4.36M | -8.77M | 6.21M | 4.93M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.12M | 8.44M | 6.54M | 16.85M | 22.80M | 53.59M |
| Enterprise Value | 41.38M | 60.18M | 69.62M | 94.57M | 67.69M | 6.00M |
| Last Close Price | 0.51 | 0.93 | 0.90 | 2.40 | 3.04 | 12.47 |
| PS Ratio | 0.28 | 0.41 | 0.34 | 0.65 | 0.48 | 2.64 |
| PB Ratio | 0.61 | 0.97 | 0.20 | 0.20 | 0.15 | 0.27 |
| P/TBV Ratio | 1.00 | 0.67 | 0.81 | |||
| EV/Sales Ratio | 2.24 | 2.90 | 3.65 | 3.65 | 1.43 | 0.30 |
| Debt / Equity Ratio | 5.11 | 4.94 | 1.81 | 0.76 | 0.42 | 0.30 |
| Net Debt / Equity Ratio | 4.29 | 3.17 | 1.18 | 0.56 | 0.12 | -0.05 |
| Net Debt / EBITDA Ratio | -2.70 | -2.39 | -0.88 | -0.94 | -0.58 | 0.55 |
| Net Debt / FCF Ratio | -3.30 | -2.94 | -4.32 | -2.31 | -0.66 | 0.46 |
| Asset Turnover | 0.23 | 0.24 | 0.15 | 0.13 | 0.18 | 0.11 |
| Inventory Turnover | 9.87 | 10.33 | 10.35 | 5.54 | 5.04 | 3.29 |
| Quick Ratio | 0.13 | 0.23 | 0.27 | 0.19 | 0.36 | 2.24 |
| Current Ratio | 0.19 | 0.30 | 1.03 | 1.34 | 0.65 | 2.89 |
| Return on Equity (ROE) | -172.20% | -132.69% | -92.65% | -61.73% | -39.26% | -26.33% |
| Return on Assets (ROA) | -12.80% | -10.36% | -22.28% | -16.96% | -10.93% | -7.85% |
| Return on Invested Capital (ROIC) | -34.34% | -23.98% | -42.68% | -31.84% | -22.94% | -17.08% |
| Return on Capital Employed (ROCE) | -86.60% | -71.70% | -111.70% | -55.90% | -26.50% | -9.20% |
| Earnings Yield | -567.75% | -283.65% | -716.55% | -340.35% | -262.47% | -61.80% |
| FCF Yield | -214.73% | -111.39% | -135.90% | -118.80% | -128.28% | -43.08% |
| Buyback Yield / Dilution | -18.62% | -27.13% | -1.09% | -25.36% | -116.63% | -756.02% |