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Former Sharper Image reports $63,220 June net loss on zero revenues
By Caroline Salls
Pittsburgh, July 19 - TSIC, Inc. reported a $63,220 net loss for June on zero revenues, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company posted a $148,115 net loss for May, also on zero revenues.
TSIC had $3.7 million in cash and cash equivalents at June 30, down from $3.75 million at the end of May.
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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