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Former Sharper Image records $211,950 June net loss on zero revenues
By Caroline Salls
Pittsburgh, July 20 - TSIC Inc. reported a net loss of $211,950 for June on zero revenues, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, TSIC posted a $237,763 net loss for May, also on zero revenues.
The company had $779,430 in cash and cash equivalents as of June 30, down from $1.19 million at the end of May.
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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