TSSI on Nasdaq
TSS, Inc.
American management consulting services company, incorporated in Delaware1
In its 2026 annual report the company says: “TSS, Inc. provides a comprehensive suite of services for the integration of complex Artificial Intelligence (AI) technologies, planning, design, deployment, maintenance and refresh of end-user and enterprise systems, including the mission-critical facilities in which they are housed. We provide a single source solution for enabling technologies in data centers, operations centers, network facilities, server rooms, security operations centers, communications facilities and the infrastructure systems that are critical to their function.”4 It is headquartered in Round Rock, Texas.1 Its shares trade on Nasdaq under the symbol TSSI.1
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Last updated Oct 21, 2026.
Overview
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- TickerTSSI on Nasdaq1
- IndustryServices-Management Consulting Services1
- HeadquartersRound Rock, Texas1
- Incorporated inDE2
- Business address110 E. Old Settlers Road, Suite 100, Round Rock, Tx 786642
- Filer categoryNon-accelerated filer2
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TSS, Inc. ("TSS”, the "Company”, "we”, "us” or "our”) provides a comprehensive suite of services for the integration of complex Artificial Intelligence (AI) technologies, planning, design, deployment, maintenance and refresh of end-user and enterprise systems, including the mission-critical facilities in which they are housed. We provide a single source solution for enabling technologies in data centers, operations centers, network facilities, server rooms, security operations centers, communications facilities and the infrastructure systems that are critical to their function. Our services consist of technology consulting, design and engineering, project management, systems integration, systems installation, facilities management and IT procurement services. Beginning in 2024, our systems integration services have been enhanced to include integration of AI enabled data center server rac…4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Procurement Revenues brought in 79% of the revenue TSS, Inc. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Procurement Revenues | $38.5M | $117.5M | $197.5M |
| System Integration Services | $8.8M | $22.6M | $40.3M |
| Facilities | $7.1M | $8.0M | $7.9M |
| System Integration | $1.7M | $2.2M | $3.9M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue83¢$213.3M
- Selling, general and admin8¢$20.6M
- Income tax3¢$7.6M
- Profit6¢$15.1M
Out of $245.7M in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Share buybacks14¢$4.9M
- Kept or used elsewhere86¢$30.0M
Out of $34.9M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Procurement | $197.5M | $117.5M | $38.5M |
| Facilities management | $7.9M | $8.0M | $7.1M |
| System integration | $40.3M | $22.6M | $8.8M |
| Total revenues | $245.7M | $148.1M | $54.4M |
| Cost of revenues | $210.7M | $125.8M | $43.4M |
| Cost of revenues - depreciation and amortization | $2.7M | $0 | $0 |
| Total cost of revenues | $213.3M | $125.8M | $43.4M |
| Gross profit | $32.4M | $22.4M | $11.0M |
| Selling, general and administrative | $20.6M | $13.2M | $8.9M |
| Depreciation and amortization | $1.1M | $608.0K | $320.0K |
| Bank factoring fees | $3.7M | $2.7M | $2.0M |
| Loss on sale or disposal of assets | $658.0K | $0 | $0 |
| Total operating expenses | $26.1M | $16.6M | $11.2M |
| Income (loss) from operations | $6.3M | $5.8M | -$221.0K |
| Interest expense | $651.0K | $0 | $355.0K |
| Interest income | -$1.7M | -$562.0K | $0 |
| Other expense (income) | -$205.0K | $194.0K | $0 |
| Pre-tax income | $7.5M | $6.1M | $134.0K |
| Income tax expense (benefit) | -$7.6M | $158.0K | $60.0K |
| Net income | $15.1M | $6.0M | $74.0K |
| Earnings per common share - Basic | $0.61 | $0.27 | $0.00 |
| Earnings per common share - Diluted | $0.56 | $0.24 | $0.00 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $85.5M | $23.2M | ||
| Contract and other receivables, net of allowance of $0.0 and $7.0 | $12.5M | $16.2M | ||
| Costs and estimated earnings in excess of billings on uncompleted contracts | $3.0M | $851.0K | ||
| Inventories, net | $16.0M | $17.7M | ||
| Prepaid expenses and other current assets | $1.6M | $248.0K | ||
| Total current assets | $118.6M | $58.2M | ||
| Property and equipment, net | $38.1M | $8.6M | ||
| Lease right-of-use asset | $15.3M | $24.2M | ||
| Goodwill | $780.0K | $780.0K | ||
| Deferred tax asset, net | $7.9M | $0 | ||
| Other assets | $4.2M | $4.8M | ||
| Total assets | $184.9M | $96.6M | ||
| Accounts payable | $46.4M | $35.8M | ||
| Accrued expenses and other current liabilities | $6.3M | $17.6M | ||
| Deferred revenues, current | $13.9M | $2.6M | ||
| Long-term debt, current | $4.0M | $0 | ||
| Lease liabilities, current | $2.0M | $966.0K | ||
| Total current liabilities | $72.6M | $56.9M | ||
| Long-term debt, net, non-current | $14.0M | $8.2M | ||
| Lease liabilities, non-current | $21.6M | $23.5M | ||
| Deferred revenues, non-current | $0 | $771.0K | ||
| Other non-current liabilities | $100.0K | $0 | ||
| Total non-current liabilities | $35.7M | $32.5M | ||
| Total liabilities | $108.3M | $89.4M | ||
| Preferred stock, $0.0001 par value; 1,000 shares authorized; none issued | $0 | $0 | ||
| Common stock, $0.0001 par value; 49,000 shares authorized; 27,593 and 25,250 issued; 27,593 and 23,107 outstanding at December 31, 2025 and December 31, 2024, respectively | $3.0K | $3.0K | ||
| Additional paid-in capital | $121.8M | $74.2M | ||
| Treasury stock, at cost; no shares at December 31, 2025 and 1,849 shares at December 31, 2024 | $0 | -$6.7M | ||
| Accumulated deficit | -$45.2M | -$60.3M | ||
| Total stockholders' equity | $76.6M | $7.1M | $3.5M | $2.9M |
| Total liabilities and stockholders' equity | $184.9M | $96.6M | ||
| Contract and other receivables, net of allowance | $0 | $7.0K | ||
| Common stock, par or stated value per share | $0.00 | $0.00 | ||
| Common stock, shares authorized | 49.0M shares | 49.0M shares | ||
| Common stock, shares, issued | 27.6M shares | 25.2M shares | ||
| Common stock, shares, outstanding | 27.6M shares | 23.1M shares | ||
| Preferred stock, par or stated value per share | $0.00 | $0.00 | ||
| Preferred Stock, shares authorized | 1.0M shares | 1.0K shares | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Treasury stock, common, shares | 0 shares | 1.8M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $85.5M | $23.2M | ||
| Contract and other receivables, net of allowance of $0.0 and $7.0 | $12.5M | $16.2M | ||
| Costs and estimated earnings in excess of billings on uncompleted contracts | $3.0M | $851.0K | ||
| Inventories, net | $16.0M | $17.7M | ||
| Prepaid expenses and other current assets | $1.6M | $248.0K | ||
| Total current assets | $118.6M | $58.2M | ||
| Property and equipment, net | $38.1M | $8.6M | ||
| Lease right-of-use asset | $15.3M | $24.2M | ||
| Goodwill | $780.0K | $780.0K | ||
| Deferred tax asset, net | $7.9M | $0 | ||
| Other assets | $4.2M | $4.8M | ||
| Total assets | $184.9M | $96.6M | ||
| Accounts payable | $46.4M | $35.8M | ||
| Accrued expenses and other current liabilities | $6.3M | $17.6M | ||
| Deferred revenues, current | $13.9M | $2.6M | ||
| Long-term debt, current | $4.0M | $0 | ||
| Lease liabilities, current | $2.0M | $966.0K | ||
| Total current liabilities | $72.6M | $56.9M | ||
| Long-term debt, net, non-current | $14.0M | $8.2M | ||
| Lease liabilities, non-current | $21.6M | $23.5M | ||
| Deferred revenues, non-current | $0 | $771.0K | ||
| Other non-current liabilities | $100.0K | $0 | ||
| Total non-current liabilities | $35.7M | $32.5M | ||
| Total liabilities | $108.3M | $89.4M | ||
| Preferred stock, $0.0001 par value; 1,000 shares authorized; none issued | $0 | $0 | ||
| Common stock, $0.0001 par value; 49,000 shares authorized; 27,593 and 25,250 issued; 27,593 and 23,107 outstanding at December 31, 2025 and December 31, 2024, respectively | $3.0K | $3.0K | ||
| Additional paid-in capital | $121.8M | $74.2M | ||
| Treasury stock, at cost; no shares at December 31, 2025 and 1,849 shares at December 31, 2024 | $0 | -$6.7M | ||
| Accumulated deficit | -$45.2M | -$60.3M | ||
| Total stockholders' equity | $76.6M | $7.1M | $3.5M | $2.9M |
| Total liabilities and stockholders' equity | $184.9M | $96.6M | ||
| Contract and other receivables, net of allowance | $0 | $7.0K | ||
| Common stock, par or stated value per share | $0.00 | $0.00 | ||
| Common stock, shares authorized | 49.0M shares | 49.0M shares | ||
| Common stock, shares, issued | 27.6M shares | 25.2M shares | ||
| Common stock, shares, outstanding | 27.6M shares | 23.1M shares | ||
| Preferred stock, par or stated value per share | $0.00 | $0.00 | ||
| Preferred Stock, shares authorized | 1.0M shares | 1.0K shares | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Treasury stock, common, shares | 0 shares | 1.8M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $15.1M | $6.0M | $74.0K |
| Depreciation and amortization | $3.8M | $608.0K | $320.0K |
| Stock-based compensation | $4.0M | $1.2M | $581.0K |
| Provision for inventory reserve | $398.0K | $0 | $0 |
| Amortization of debt issuance costs | $62.0K | $0 | $0 |
| Non-cash lease expense | $2.0M | $851.0K | $662.0K |
| Loss on sale or disposal of assets | $658.0K | $0 | $0 |
| Contract and other receivables | $3.7M | -$12.7M | -$782.0K |
| Costs and estimated earnings in excess of billings on uncompleted contracts | -$2.2M | $459.0K | -$1.1M |
| Inventories | $1.3M | -$15.3M | -$1.5M |
| Prepaid expenses and other assets | -$1.1M | -$4.0M | -$136.0K |
| Deferred tax assets | -$7.9M | $0 | $0 |
| Right-of-use assets | $131.0K | -$21.0M | -$7.0K |
| Accounts payable and accrued expenses | -$1.6M | $39.0M | -$7.3M |
| Deferred revenues | $10.5M | $14.0K | $1.3M |
| Operating lease liabilities | $5.9M | $20.2M | -$457.0K |
| Other non-current liabilities | $100.0K | $0 | $0 |
| Net cash provided by (used in) operating activities | $34.9M | $15.3M | -$8.3M |
| Capital expenditures | -$32.7M | -$8.5M | -$257.0K |
| Net cash used in investing activities | -$32.7M | -$8.5M | -$257.0K |
| Proceeds from issuance of long-term debt | $16.3M | $8.2M | $0 |
| Repayments of long-term debt | -$6.6M | $0 | $0 |
| Proceeds from exercise of stock options | $17.0K | $863.0K | $0 |
| Proceeds from stock issuance, net of offering costs | $55.3M | $0 | $0 |
| Repurchase of treasury stock | -$4.9M | -$4.5M | -$40.0K |
| Net cash provided by (used in) financing activities | $60.2M | $4.6M | -$40.0K |
| Net increase (decrease) in cash, cash equivalents and restricted cash | $62.3M | $11.4M | -$8.6M |
| Cash paid for interest, net of amounts capitalized | $423.0K | $0 | $0 |
| Cash paid for bank factoring fees | $3.7M | $2.6M | $2.0M |
| Federal | $0 | $0 | $0 |
| Texas | $172.0K | $79.0K | $47.0K |
| Total cash paid for taxes | $172.0K | $79.0K | $47.0K |
| Additions to capital expenditures financed with accounts payable | $935.0K | $0 | $0 |
No quarter-by-quarter statement was filed.
Corporate structure
TSS, Inc. sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of TSS, Inc.
- BlackRock Filed SCHEDULE 13G/A on TSS, Inc., latest Jul 30, 2026 (2 filings since Jan 21, 2026)
- JANE STREET GROUP, LLC Filed SCHEDULE 13G on TSS, Inc., latest Jun 1, 2026
- TSS, Inc. Round Rock, Texas
- VTC, LLC d/b/a Total Site Solutions Subsidiary · Maryland, United States
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What TSS, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $42.5M5 Dec 31, 2025 | $12.3M5 Dec 31, 2024 | +245.8% |
| Accumulated depreciation | $4.4M5 Dec 31, 2025 | $3.7M5 Dec 31, 2024 | +19.8% |
| Property and equipment, net | $38.1M5 Dec 31, 2025 | $8.6M5 Dec 31, 2024 | +343.2% |
| Operating-lease assets (leased space) | $15.3M5 Dec 31, 2025 | $24.2M5 Dec 31, 2024 | −36.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $85.5M5 Dec 31, 2025 | $23.2M5 Dec 31, 2024 | +268.2% |
Intangibles and goodwill
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $16.0M5 Dec 31, 2025 | $17.7M5 Dec 31, 2024 | −9.7% |
| Work in process | $73.0K5 Dec 31, 2025 | $120.0K5 Dec 31, 2024 | −39.2% |
| Finished goods | $16.1M5 Dec 31, 2025 | $17.4M5 Dec 31, 2024 | −7.2% |
Properties, in its own words
We lease a 212,793 square foot light industrial space in Georgetown, Texas, which serves as our corporate headquarters and integration facility. We began partial operations at this facility in May 2025 and fully migrated the remainder of our operations to this facility in August 2025. The initial lease term runs through May 2035 and we have multiple renewal options on the lease.
We lease a 96,766 square foot warehouse and office space in Round Rock, Texas, with a lease term expiring March 31, 2029. We have no renewal options on this lease. This facility previously served as our headquarters and integration facility prior to our move to Georgetown, Texas in 2025, and is now idle.
The rest of Item 2
We are currently marketing it for sublease, while simultaneously proposing additional work to utilize that space. We believe that our current facilities are adequate for our operations and additional or replacement facilities would be available if necessary.
Item 2 of the 10-K filed Mar 18, 2026.4
Leadership
Who has led TSS, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerAnthony Angelini Jan 5, 2012 to Oct 7, 202213
- Chief executive officerHarvey Louis Weiss Jan 16, 2007 to Jan 18, 200714
- Chief executive officerThomas P. Rosato Jan 19, 2007 to Jan 4, 201015
- PresidentHarvey Louis Weiss Jan 16, 2007 to Jan 18, 200714
- PresidentGerard J. Gallagher Jan 19, 2007 to Feb 12, 201316
- Chief financial officerDaniel M. Chism Jun 11, 2024 to now17
- Chief financial officerJohn K. Penver Jul 9, 2014 to May 21, 202418
- Chief financial officerMaura M. Langley May 22, 2013 to May 22, 201319
- Chief financial officerKen Schwarz Sep 27, 2012 to Sep 27, 201220
- Chief financial officerTimothy C. Dec Mar 20, 2008 to Jun 8, 201221
- Chief operating officerKarl Todd Marrott Aug 27, 2024 to now22
- Chief operating officerGerard J. Gallagher Jan 19, 2007 to Feb 12, 201316
Board members and other officers (19)
- SVP, OperationsKarl Todd Marrott May 2, 2024 to May 2, 202423
- Sr. V.P., Business DevelopmentMatt Crichton Nov 13, 2019 to Nov 13, 201924
- Sr. V.P., Sales & MarketingKieran Brennan Jan 24, 2018 to now25
- Exec. VP, Sales & MarketingMartin T. Olsen Jan 14, 2014 to Apr 12, 201726
- Chief Technical OfficerGerard J. Gallagher Jun 17, 2014 to Nov 30, 202027
- Vice chairHarvey Louis Weiss Dec 8, 2008 to Dec 9, 200828
- Board memberVivak Mohindra Nov 13, 2025 to now29
- Board memberMichael John Fahy Oct 15, 2024 to now30
- Board memberRichard M. Metzler May 7, 2021 to now31
- Board memberPeter H. Woodward Jan 4, 2012 to now32
- Board memberAnthony Angelini Jan 5, 2012 to Nov 16, 202213
- Board memberDaniel J. Phelps Aug 16, 2012 to Apr 7, 201733
- Board memberHarvey Louis Weiss Jan 16, 2007 to Dec 9, 200814
- Board memberGerard J. Gallagher Jan 19, 2007 to Nov 30, 202016
- Board memberThomas P. Rosato Jan 19, 2007 to Jan 4, 201015
- Board memberAsa Hutchinson Feb 5, 2007 to May 6, 201134
- Board memberWilliam L. Jews May 2, 2007 to May 6, 201135
- Board memberDavid Jan Mitchell May 3, 2007 to May 11, 200936
- Board memberDon Nickles May 3, 2007 to May 11, 200937
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- VTC, LLC d/b/a Total Site Solutions Maryland3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Aug 13, 20268-K Results of operations38
- Jun 4, 20268-K Shareholder vote39
- May 7, 20268-K Results of operations40
- Mar 16, 20268-K Financial statements and exhibits41
- Mar 11, 20268-K Results of operations42
- Nov 13, 20258-K Results of operations; Executive or director change; Other events43
- Sep 23, 20258-K Entered a material agreement; New debt or obligation44
- Aug 15, 20258-K Entered a material agreement; Other events45
- Aug 6, 20258-K Results of operations46
- Jul 16, 20258-K Change of auditor47
- Jun 9, 20258-K Shareholder vote48
- May 15, 20258-K Results of operations49
- Jan 5, 2012New chief executive Anthony Angelini becomes CEO13
- Jan 19, 2007New chief executive Thomas P. Rosato becomes CEO15
- Jan 16, 2007New chief executive Harvey Louis Weiss becomes CEO14
Calendar
Coming up
- Nov 12, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.06) a share, on Nov 13, 2025.50
When it reported results
- Aug 13, 2026Reported quarterly or annual results38
- May 7, 2026Reported quarterly or annual results40
- Mar 11, 2026Reported quarterly or annual results42
- Nov 13, 2025Reported quarterly or annual results43
- Aug 6, 2025Reported quarterly or annual results46
- May 15, 2025Reported quarterly or annual results49
- Mar 27, 2025Reported quarterly or annual results51
- Nov 14, 2024Reported quarterly or annual results52
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
210 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 36 major events, 104 insider forms, 3 large holders, 46 other. The latest 20:
- Oct 6, 20264 PRIMARY DOCUMENT EDGAR
- Aug 14, 202610-Q/A EDGAR
- Aug 13, 202610-Q EDGAR
- Aug 13, 20268-K EDGAR
- Jul 30, 2026SCHEDULE 13G/A EDGAR
- Jun 30, 20264 PRIMARY DOCUMENT EDGAR
- Jun 4, 20268-K EDGAR
- Jun 2, 20264 EDGAR
- Jun 2, 20264 EDGAR
- Jun 1, 2026SCHEDULE 13G EDGAR
- May 28, 2026144 EDGAR
- May 28, 2026144 EDGAR
- May 8, 20264 EDGAR
- May 7, 20268-K EDGAR
- May 7, 202610-Q EDGAR
- May 6, 2026144 EDGAR
- Apr 24, 20264 EDGAR
- Apr 23, 2026DEFA14A EDGAR
- Apr 23, 2026DEF 14A EDGAR
- Apr 22, 20264 EDGAR
The 210 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
55 open-market trades by officers, directors and large owners since October 2021: 3 buys and 52 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 2, 2026 | Woodward Peter HDirector | Sale | 100,000 | $15.48 | $1.5M | Form 4 |
| Jun 1, 2026 | Brennan KieranSenior Vice President | Sale | 10,000 | $16.00 | $160.0K | Form 4 |
| May 29, 2026 | Woodward Peter HDirector | Sale | 200,000 | $16.07 | $3.2M | Form 4 |
| May 6, 2026 | Dewan Darryll EChief Executive Officer | Sale | 50,000 | $17.00 | $850.0K | Form 4 |
| Apr 22, 2026 | Dewan Darryll EChief Executive Officer | Sale | 50,000 | $16.00 | $800.0K | Form 4 |
| Apr 17, 2026 | MARROTT KARL TODDChief Operating Officer | Sale | 23,636 | $15.11 | $357.1K | Form 4 |
| Apr 16, 2026 | MARROTT KARL TODDChief Operating Officer | Sale | 800 | $15.00 | $12.0K | Form 4 |
| Apr 14, 2026 | MARROTT KARL TODDChief Operating Officer | Sale | 15,213 | $15.03 | $228.7K | Form 4 |
| Apr 14, 2026 | Dewan Darryll EChief Executive Officer | Sale | 50,000 | $15.00 | $750.0K | Form 4 |
| Apr 14, 2026 | CHISM DANIEL MChief Financial Officer | Sale | 25,000 | $15.00 | $375.0K | Form 4 |
| Mar 16, 2026 | Brennan KieranSenior Vice President | Sale | 12,000 | $12.27 | $147.2K | Form 4 |
| Dec 11, 2025 | Woodward Peter HDirector | Sale | 21,700 | $8.30 | $180.1K | Form 4 |
| Dec 9, 2025 | Woodward Peter HDirector | Sale | 30,000 | $8.82 | $264.6K | Form 4 |
| Nov 18, 2025 | FAHY MICHAEL JOHNDirector | Buy | 5,000 | $8.00 | $40.0K | Form 4 |
| Sep 10, 2025 | MARROTT KARL TODDChief Operating Officer | Sale | 11,100 | $16.17 | $179.5K | Form 4 |
| Sep 10, 2025 | CHISM DANIEL MChief Financial Officer | Sale | 15,000 | $16.17 | $242.6K | Form 4 |
| Aug 28, 2025 | CHISM DANIEL MChief Financial Officer | Sale | 5,000 | $16.20 | $81.0K | Form 4 |
| Aug 28, 2025 | MARROTT KARL TODDChief Operating Officer | Sale | 23,908 | $16.16 | $386.4K | Form 4 |
| Aug 27, 2025 | CHISM DANIEL MChief Financial Officer | Sale | 10,000 | $16.25 | $162.5K | Form 4 |
| Aug 27, 2025 | MARROTT KARL TODDChief Operating Officer | Sale | 2,917 | $16.23 | $47.3K | Form 4 |
All 55 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BlackRockSCHEDULE 13G/A, 2 filings Jan 21, 2026 to Jul 30, 202653
- JANE STREET GROUP, LLCSCHEDULE 13G, 1 filing Jun 1, 202654
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Darryll E. DewanPresident and Chief Executive Officer from November 14, 2022 | 74 | $385.0K | $3.1M55 |
| 2025 | Daniel M. ChismChief Financial Officer | 58 | $325.0K | $2.3M55 |
| 2025 | Karl T. MarrottChief Operating Officer | 60 | $300.0K | $2.3M55 |
| 2024 | Karl T. MarrottChief Operating Officer | 60 | $281.5K | $975.7K55 |
| 2024 | Darryll E. DewanPresident and Chief Executive Officer from November 14, 2022 | 74 | $385.0K | $892.5K55 |
| 2024 | Daniel M. ChismChief Financial Officer | 58 | $170.5K | $829.0K55 |
| 2023 | Darryll E. DewanPresident and Chief Executive Officer from November 14, 2022 | 74 | $385.0K | $593.6K55 |
| 2023 | Karl T. MarrottChief Operating Officer | 60 | $250.0K | $532.1K55 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 2,322,290 | $28.6M | 0.0% | +551,400 |
| Jane Street Group, LLC | 1,047,184 | $12.9M | 0.0% | +389,103 |
| Vanguard Capital Management LLC | 966,509 | $11.9M | 0.0% | −1,931 |
| Silvercrest Asset Management Group LLC | 681,700 | $8.4M | 0.1% | +265,186 |
| Geode Capital Management, LLC | 626,884 | $7.7M | 0.0% | +51,275 |
| D. E. Shaw & Co., Inc. | 542,913 | $6.7M | 0.0% | +357,012 |
| Driehaus Capital Management LLC | 536,314 | $6.6M | 0.0% | New |
| LPL Financial LLC | 486,260 | $6.0M | 0.0% | +143,412 |
| State Street Corp | 484,262 | $6.0M | 0.0% | +59,008 |
| Goldman Sachs Group Inc | 371,792 | $4.6M | 0.0% | +247,772 |
| Algert Global LLC | 342,405 | $4.2M | 0.0% | +331,915 |
| UBS Group AG | 293,872 | $3.6M | 0.0% | −227,726 |
| Value Aligned Research Advisors, LLC | 261,498 | $3.2M | 0.0% | −199,012 |
| Wells Fargo & Company/mn | 222,931 | $2.7M | 0.0% | +49,459 |
| Millennium Management LLC | 220,744 | $2.7M | 0.0% | −149,635 |
| Northern Trust Corp | 193,623 | $2.4M | 0.0% | +28,272 |
| Aqr Capital Management LLC | 177,912 | $2.2M | 0.0% | +145,781 |
| Jump Financial, LLC | 175,800 | $2.2M | 0.0% | New |
| Vanguard Portfolio Management LLC | 168,994 | $2.1M | 0.0% | +38,006 |
| Vanguard Fiduciary Trust Co | 164,755 | $2.0M | 0.0% | +4,778 |
| Alyeska Investment Group, L.P. | 155,594 | $1.9M | 0.0% | New |
| Citadel Advisors LLC | 140,813 | $1.7M | 0.0% | New |
| Renaissance Technologies LLC | 138,291 | $1.7M | 0.0% | +78,200 |
| Raymond James Financial Inc | 129,364 | $1.6M | 0.0% | New |
| Morgan Stanley | 123,954 | $1.5M | 0.0% | +9,677 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How TSS, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARTSS, Inc.1
- CIK0001320760
- Employer ID (EIN)20-20276514
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
- Incorporated inDelaware4
- Fiscal year endsDecember 311
- Industry code (SIC)8742 Services-Management Consulting Services1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address110 E. Old Settlers Road, Suite 100, Round Rock, TX 786641
- Phone(512) 310-10001
- Shares outstanding28,219,070 as of Aug 7, 202611
- Public float$585.0M as of Jun 30, 20254
- AuditorWEAVER AND TIDWELL, L.L.P, Fort Worth, Texas PCAOB ID 219; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceMar 23, 20051
- Filings778 in all: 4 (249), 8-K (204), 10-Q (59), 3 (31), 144 (25), SC 13G/A (23), DEF 14A (21), 10-K (20)1
All 44 form types
SC 13D/A (18), SC 13G (16), SC 13D (11), CORRESP (10), S-8 (8), 4/A (7), 8-K/A (7), UPLOAD (7), DEFA14A (6), 10QSB (5), NT 10-Q (4), S-1/A (4), 10-K/A (3), 424B3 (3), EFFECT (3), NT 10-K (3), PRE 14A (3), 10-Q/A (2), 10QSB/A (2), 424B5 (2), 8-A12B (2), PRER14A (2), REGDEX (2), S-3 (2), S-3/A (2), SCHEDULE 13G (2), 10KSB (1), 25 (1), 25-NSE (1), 8-A12G (1), CERT (1), CERTNAS (1), CT ORDER (1), POS AM (1), S-1 (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (10-K) Mar 18, 2026
Quarterly report (10-Q) Aug 13, 2026
Proxy statement (DEF 14A) Apr 23, 2026
Latest 8-K (8-K) Aug 13, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $.0001 par value | TSSI | Nasdaq |
From the cover page of the 10-K filed Mar 18, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks TSS, Inc. names in Item 1A of its 10-K filed Mar 18, 2026: 21 risks under these headings, as written.4
- Our revenues are highly concentrated with a single OEM customer, and our business, financial condition and results of operations would be materially and adversely affected if we are unable to maintain or expand that relationship or successfully diversify our customer base.
- A material breach of our long-term rack integration agreement, or our choice to terminate the agreement for any reason other than the other party’s material breach of the agreement, could significantly reduce certain minimum payments from our primary OEM partner.
- Future power demands of AI-enabled computer racks is unknown and our ability to continue to earn revenues from AI rack integration services is highly dependent on our access to an acceptable amount of electrical power and related computer cooling capabilities.
- Our revenues and profitability could be materially and negatively affected by U.S. imposed tariffs.
- A prolonged U.S. federal government shutdown could materially and adversely affect our business and operations
- Supply chain challenges could negatively affect our integration business by slowing the supply of parts needed to perform integration services, requiring us to hold greater quantities of inventory for longer periods and/or delaying completion of services for our customers.
- We may be unable to hire and retain sufficiently qualified personnel, and the loss of any of our key executive officers may adversely affect our business.
- Changes in labor market conditions are causing increases in our labor costs, and if we are unable to adequately recover these costs from our customers, our business will be negatively impacted.
- The ongoing refinement and integration of our ERP system could disrupt operations and adversely affect our internal control over financial reporting.
- Our procurement business requires significant working capital and depends on vendor trade credit and a single factoring arrangement; any disruption, modification or timing mismatch could materially affect our liquidity and operating results.
- As the age of modular data centers increases and customers look to shut or replace such units, our recurring maintenance revenues could be negatively impacted, and this could adversely affect our operating results.
- We operate in a highly competitive industry, which could reduce our growth opportunities, revenue and operating results.
The other 9 risks
- Most of our contracts may be canceled on short notice, so our revenue and potential profits are not guaranteed.
- We submit change orders to our customers for work we perform beyond the scope of some of our contracts. If our customers do not approve these change orders, the results of operations could be adversely impacted.
- We may not accurately estimate the costs associated with services provided under fixed-price contracts, which could impair our financial performance.
- We warranty customer equipment against failure in some of our fixed price contracts, and a major equipment failure could have a material impact on our financial performance.
- We may choose, or be required, to pay our subcontractors even if our customers do not pay or delay paying us for the related services.
- The industries we serve have experienced and may continue to experience rapid technological, structural and competitive changes that could reduce the need for our services and adversely affect our revenues.
- If we are unable to engage appropriate subcontractors or if our subcontractors fail to perform their contractual obligations, our performance as a prime contractor and ability to obtain future business could be materially and adversely impacted.
- A cybersecurity incident, including one affecting our third-party service providers, could materially disrupt our operations, expose us to liability and subject us to mandatory public disclosure under SEC rules.
- We have identified a material weakness in our internal control over financial reporting. Our failure to establish and maintain effective internal control over financial reporting could result in material misstatements in our financial statements, our failure to meet our reporting obligations and cause investors to lose confidence in our reported financial information.
Legal proceedings
We are not a party to any material litigation in any court, and we are not aware of any contemplated proceeding by any governmental authority against us. From time to time, we are involved in various legal matters and proceedings concerning matters arising in the ordinary course of business such as employment-related matters. We believe that any potential liability arising out of these matters and proceedings will not have a material adverse effect on our financial position, results of operations or cash flows.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARTSS, Inc. filings on SEC EDGAR
- 2SEC EDGARTSS, Inc. filings on SEC EDGAR
- 3
- 4
- 5SEC EDGARTSS, Inc. 10-K for fiscal 2025
- 6SEC EDGARTSS, Inc. 10-K for fiscal 2019
- 7SEC EDGARTSS, Inc. 10-K for fiscal 2020
- 8SEC EDGARTSS, Inc. 10-K for fiscal 2021
- 9SEC EDGARTSS, Inc. 10-K for fiscal 2022
- 10SEC EDGARTSS, Inc. 10-Q for fiscal 2026
- 11SEC EDGARTSS, Inc. 10-Q for fiscal 2026
- 12SEC EDGARTSS, Inc. 10-K for fiscal 2023
- 13
- 14
- 15
- 16SEC EDGARGerard J. Gallagher, President
- 17
- 18
- 19
- 20SEC EDGARKen Schwarz, Chief financial officer
- 21
- 22
- 23SEC EDGARKarl Todd Marrott, SVP, Operations
- 24
- 25
- 26
- 27
- 28SEC EDGARHarvey Louis Weiss, Vice chair
- 29SEC EDGARVivak Mohindra, Board member
- 30SEC EDGARMichael John Fahy, Board member
- 31SEC EDGARRichard M. Metzler, Board member
- 32SEC EDGARPeter H. Woodward, Board member
- 33SEC EDGARDaniel J. Phelps, Board member
- 34SEC EDGARAsa Hutchinson, Board member
- 35SEC EDGARWilliam L. Jews, Board member
- 36SEC EDGARDavid Jan Mitchell, Board member
- 37SEC EDGARDon Nickles, Board member
- 38SEC EDGARResults of operations
- 39SEC EDGARShareholder vote
- 40SEC EDGARResults of operations
- 41SEC EDGARFinancial statements and exhibits
- 42SEC EDGARResults of operations
- 43
- 44
- 45
- 46SEC EDGARResults of operations
- 47SEC EDGARChange of auditor
- 48SEC EDGARShareholder vote
- 49SEC EDGARResults of operations
- 50NasdaqNasdaq calendar
- 51
- 52
- 53
- 54
- 55