DSS, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the SEC on November 13, 2026, reporting financial results for the three and nine months ended September 30, 2026.

Key Highlights

  • Quarterly net loss: Net loss for the three months ended September 30, 2026 was $5,038,000, compared to $2,229,000 in the same period of 2025, according to the filing.
  • Nine-month net loss attributable to common stockholders: $15,046,000 for the nine months ended September 30, 2026, versus $9,184,000 for the same period of 2025.
  • Total revenue decline: Total revenue for the nine months ended September 30, 2026 was $11,538,000, down from $16,630,000 in the nine months ended September 30, 2025.
  • Cash position: Cash and cash equivalents stood at $3,275,000 as of September 30, 2026, compared to $6,214,000 as of December 31, 2025.
  • Share count increase: Common shares outstanding were 10,042,518 as of November 11, 2026, up from 9,092,518 as of December 31, 2025.
  • Total assets: Total assets were $65,189,000 as of September 30, 2026, compared to $67,630,000 as of December 31, 2025.
  • Accumulated deficit: Accumulated deficit reached $342,047,000 as of September 30, 2026, up from $327,001,000 as of December 31, 2025.

DSS Inc. Q3 2026 Financial Results: Revenue Contraction and Widening Losses

According to the filing, DSS, Inc. (NYSE American:DSS) reported total revenue of $3,604,000 for the three months ended September 30, 2026, a decrease from $6,392,000 in the comparable prior-year quarter. The largest revenue category, printed products, contributed $3,371,000 in Q3 2026 versus $4,994,000 in Q3 2025. Rental revenue fell to $162,000 from $718,000, and commission revenue declined to $45,000 from $662,000 over the same period.

The company disclosed total costs and expenses of $7,776,000 for Q3 2026, compared to $9,626,000 in Q3 2025, resulting in an operating loss of $4,172,000 versus $3,234,000 in the prior-year period. For the nine months ended September 30, 2026, the operating loss widened to $13,446,000 from $10,384,000. The filing noted a loss on investments of $1,760,000 and a loss on equity method investment of $869,000 for the nine-month period, contrasting with investment gains of $1,105,000 and a near-breakeven equity method result in the same 2025 period.

On the balance sheet, the filing reported total current liabilities of $50,753,000 against total current assets of $7,934,000 as of September 30, 2026. Total stockholders' equity attributable to DSS was a deficit of $4,124,000, compared to a deficit of $832,000 at December 31, 2025. During the nine months ended September 30, 2026, the company issued 950,000 shares of common stock, net of expenses, raising $703,000, and recorded a fair value adjustment related to a convertible bond received from a related party of $6,198,000. Basic and diluted loss per common share for the nine months ended September 30, 2026 was $(1.52), compared to $(1.03) for the nine months ended September 30, 2025.

What Was Disclosed

DSS, Inc. disclosed its unaudited condensed consolidated financial statements for the quarter and nine months ended September 30, 2026, showing declining revenue, widening net losses, reduced cash balances, and a growing accumulated deficit compared to prior periods.