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Former Sharper Image reports $62,612 December net loss, zero revenues
By Caroline Salls
Pittsburgh, Jan. 10 - TSIC Inc. reported a net loss of $62,612 for December 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 a $67,509 net loss for November, also on zero revenues.
The company had $2.1 million in cash and cash equivalents as of Dec. 31, down slightly from $2.17 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. Its Chapter 11 case number is 08-10322.
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