Welcome to our dedicated page for Tss Del SEC filings (Ticker: TSSI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
TSS, Inc. filings document a data center services business focused on AI and high-performance computing infrastructure and software integration. Its 8-K reports include operating results and Regulation G disclosures for non-GAAP measures, with segment references to Procurement, Systems Integration, and Facilities Management.
The company’s SEC record also covers proxy governance matters, including director elections and auditor ratification, board appointments and related equity compensation, and material financing disclosures. Credit-agreement filings for wholly owned subsidiary VTC, L.L.C. document term loan obligations, amendments, and the use of debt financing for capital expenditure needs.
TSS, Inc. reported the results of its annual stockholder meeting held on June 4, 2026. Stockholders elected two Class III directors to new three-year terms ending in 2029 and ratified the company’s independent public accounting firm for the 2026 fiscal year.
For the board elections, Peter Woodward received 7,367,946 votes for and 1,294,246 withheld, with 9,579,122 broker non-votes. Vivek Mohindra received 8,552,439 votes for and 109,753 withheld, with the same 9,579,122 broker non-votes. Stockholders also ratified BDO USA, P.C. as auditor with 18,165,551 votes for, 39,358 against, and 36,405 abstentions.
Entities associated with TSS, Inc. director Peter H. Woodward reported open-market sales of a combined 300,000 shares of TSS common stock. MHW SPV II, LLC sold 100,000 shares at a weighted average price of $15.48 per share, and MHW Partners, L.P. sold 200,000 shares at a weighted average price of $16.07 per share, with individual trades executed between $15.50 and $17.00. The filing states these shares are owned by the respective entities, where Woodward serves as manager or general partner and disclaims beneficial ownership except for his pecuniary interest. After these transactions, the reported indirect holdings include 1,114,061 shares through MHW SPV II, LLC and 983,521 shares through MHW Partners, L.P., plus additional indirect holdings of 885,714 shares subject to a performance-related fee and 21,700 shares through MHW Capital Management, LLC, along with 19,358 shares held directly.
TSS, Inc. Senior Vice President Brennan Kieran reported an open‑market sale of 10,000 shares of Common Stock. The shares were sold at a weighted average price of $16.0014 per share in multiple transactions priced between $16.00 and $16.02.
Following this sale, Kieran directly holds 271,333 shares of TSS, Inc. Common Stock. The filing notes that detailed trade-by-trade pricing information within the stated range is available upon request.
TSS, Inc. disclosure: Jane Street Group, LLC and its subsidiaries report beneficial ownership of 1,466,261 shares of Common Stock, representing 5.2% of the class. The filing attributes shared voting and dispositive power over those 1,466,261 shares to the reporting group.
The cover lists two subsidiary holders: Jane Street Capital, LLC (758,036 shares, 2.7%) and Jane Street Global Trading, LLC (708,225 shares, 2.5%), each shown with shared voting and dispositive power. The filing is signed by Jeremy Kahn.
TSS, Inc. Chief Executive Officer Darryll E. Dewan reported an open-market sale of 50,000 shares of common stock at $17.00 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 15, 2025, indicating it was scheduled in advance.
Following this transaction, Dewan directly owned 454,471 shares of TSS common stock and also had an indirect holding of 5,000 shares reported as held by his spouse.
TSS, Inc. reported first quarter 2026 revenue of $55.3 million, down from $99.0 million a year earlier, as lower procurement volumes offset strong growth elsewhere. Procurement revenue fell to $40.0 million, while higher-margin systems integration revenue rose 88% year over year to $14.1 million. Facilities management contributed $1.3 million.
Diluted EPS was $0.08 compared with $0.12 in first quarter 2025. Adjusted EBITDA was $5.3 million, slightly above $5.2 million a year ago, reflecting a richer mix of systems integration work. The company reaffirmed its 2026 Adjusted EBITDA outlook of $20–$22 million and now expects performance toward the high end of that range.
As of March 31, 2026, TSS held $66.0 million in cash and cash equivalents and had total liabilities of $74.9 million, with stockholders’ equity of $78.7 million.
TSS, Inc. reported Q1 2026 revenue of $55.3 million, down from $99.0 million a year earlier, mainly because prior-year procurement activity was unusually high. Systems integration revenue nearly doubled to $14.1 million, driven by AI-enabled rack integration under a long-term agreement with its largest OEM customer.
Net income was $2.3 million versus $3.0 million last year, as lower procurement volume and higher operating costs more than offset AI integration growth. Cash, cash equivalents and restricted cash totaled $67.8 million at March 31, 2026, down from $85.5 million at year-end, mainly due to working capital swings and debt repayment.
The company remains highly concentrated: one U.S.-based IT OEM generated 99% of Q1 2026 revenue and 88% of receivables. TSS is investing heavily in its Georgetown, Texas integration facility, supported by a $20.0 million term loan and a long-term AI rack integration agreement that includes minimum payments and extended term.
TSSI filed a Form 144 to sell 100,000 shares of Common Stock. The filing lists the securities as restricted stock vesting under a registered plan with a transaction date of 01/24/2026 and cites services rendered as the acquisition basis.
The filing also discloses two recent sales by Darryll Dewan/TSS Inc.: 50,000 shares on 04/14/2026 for $750,000 and 50,000 shares on 04/22/2026 for $800,000. Shares outstanding are listed as 28,860,368 as of 05/06/2026.