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Former Sharper Image net loss grows to $108,259 in June on zero sales
By Caroline Salls
Pittsburgh, July 20 - TSIC, Inc. reported a $108,259 net loss for June on zero revenues, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, TSIC posted an $88,916 net loss for May, also on zero revenues.
The company had $2.67 million in cash and cash equivalents at June 30, down from $2.97 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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