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TSIC net loss improves to $540,626 in November
By Caroline Salls
Pittsburgh, Dec. 19 - TSIC, Inc.'s net loss narrowed to $540,626 in November from the $1.14 million net loss posted in October, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.
The company reported zero revenues in both November and October.
TSIC had $4.08 million in cash and cash equivalents as of Nov. 30, compared with $4.04 million at the end of October.
TSIC, a San Francisco-based specialty retailer formerly known as Sharper Image Corp., filed for bankruptcy on Feb. 19, 2008. Its Chapter 11 case number is 08-10322.
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