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TSIC net loss declines to $126,254 in December on zero revenues
By Lisa Kerner
Charlotte, N.C., Jan. 19 -TSIC, Inc. reported a $126,254 net loss for December on zero revenues, according to its monthly operating report filed with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company posted a $360,369 net loss for November, also on zero revenues.
TSIC had $3.97 million in cash and cash equivalents at Dec. 31, down from $4.12 million at the end of November.
TSIC, a San Francisco-based specialty retailer formerly known as Sharper Image Corp., filed for bankruptcy on Feb. 19, 2008 in the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 08-10322.
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