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TSIC reports $137,238 operating loss for August on zero sales
By Alice Popovici
New York, Sept. 18 - TSIC, Inc. reported a $137,238 operating loss for August on zero revenues, according to a Thursday filing with the U.S. Bankruptcy Court for the District of Delaware.
The net loss for the period was $362,695.
In July the company reported a $56,181 net loss, also on zero sales.
TSIC had $6.18 million in cash and cash equivalents at Aug. 31, down slightly from $6.41 million at the end of July.
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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