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.

  • FY2025 10-K risk factors

    21 risks, 6 new, 7 dropped, 7 reworded since the prior year. 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 factors

    22 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