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Former Sharper Image reports $40,235 net loss for August
By Jim Witters
Wilmington, Del., Sept. 18 - TSIC Inc. posted a net loss of $40,235 in August on zero revenue, according to the company's monthly operating report filed Sept. 18 with the U.S. Bankruptcy Court for the District of Delaware.
Those figures compare to a $47,088 net loss in July, also on zero revenue.
The company also reported cash and cash equivalents of $692,109 as of Aug. 31, down from $733,864 at the end of July.
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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