Former Sharper Image posts $157,479 October net loss on no revenues

By Caroline Salls

Pittsburgh, Nov. 17 - TSIC, Inc. reported a $157,479 net loss for October on zero revenues, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

The figures compared with a $99,026 net loss posted for September, also on zero revenues.

TSIC had $3.84 million in cash and cash equivalents at Oct. 31, down from $6.93 million at the end of September.

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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