Former Sharper Image reports $102,982 net loss for October, zero sales

By Jim Witters

Wilmington, Del., Nov. 18 - TSIC Inc. reported a net loss of $102,982 for October on zero revenue, according to the company's monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

Those figures compare to a net loss of $123,818 on zero revenue for September.

The company also reported cash and cash equivalents of $2.16 million as of Oct. 31, down from $2.21 million at the end of September.

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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