Risk factors
TSS (TSSI) risk factors
Item 1A of every TSS, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors21 risks6 new7 dropped7 reworded
Revenue concentration remains extreme: one OEM supplied 99% of 2025 revenue, despite a long-term AI rack integration agreement.
Filed Mar 18, 2026 - FY2024 10-K risk factors22 risks
TSS depends heavily on one OEM customer for the vast majority of its revenues and AI rack integration services. Significant financial commitments tied to a new integration facility and facility debt create material financial risks. Rapid technological changes in AI power and cooling demands directly impact ongoing integration revenues.
Filed Apr 15, 2025