Former Sharper Image reports $99,026 September net loss on no sales

By Caroline Salls

Pittsburgh, Oct. 19 - TSIC, Inc. reported a $99,026 net loss for September on zero revenues, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

The figures compared to a $3.18 million net profit posted for August, also on zero revenues.

TSIC had $6.93 million in cash and cash equivalents at Sept. 30, down from $7.03 million at the end of August.

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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