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Former Sharper Image posts $110,682 net loss for August on zero sales
By Caroline Salls
Pittsburgh, Sept. 20 - TSIC Inc. reported a net loss of $110,682 on zero revenue for August, according to its monthly operating report filed Monday in the U.S. Bankruptcy Court for the District of Delaware.
In comparison, TSIC posted a $119,404 net loss for July, also on zero revenue.
The company reported it had cash and cash equivalents of $2.29 million on Aug. 31, down from $2.34 million 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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