TSS, Inc. (TSSI) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: November 13, 2025

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 28.22% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
29M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

TSSI currently has 28.8M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 28.22% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Nov 13, 2025

10-Q filing | 28.8M shares outstanding

29M 0
Jun 27, 2025

S-3/A filing: The company is filing an S-3/A to register shares of its common stock, preferred stock, and debt securities for potential sale, with an aggregate offering price not exceeding $150,000,000.

26M 1.7M
Jun 18, 2025

S-3/A filing: This S-3/A filing reflects facts or events after the effective date, allows for changes in the volume of securities offered within a 20% change in the maximum aggregate offering price, and includes material information regarding the plan of distribution. It also addresses liabilities under the Securities Act and the obligations of the registrant in a primary offering.

26M 7.2M
May 15, 2025

10-Q filing | 25.9M shares outstanding

26M 7.2M
Apr 15, 2025

10-K filing | 25.1M shares outstanding

25M 8.1M
Jan 07, 2025

S-3 filing: The company is filing a shelf registration to offer shares of its common stock and preferred stock, various series of debt securities, warrants and units to purchase any of such securities with a total value of up to $150,000,000 from time to time.

22M 11M
Nov 14, 2024

10-Q filing | 22.1M shares outstanding

22M 0
Aug 14, 2024

10-Q filing | 24.7M shares outstanding

25M 0
May 14, 2024

10-Q filing | 21.9M shares outstanding

22M 0
Mar 29, 2024

10-K filing | 21.6M shares outstanding

22M 0
Nov 13, 2023

10-Q filing | 21.6M shares outstanding

22M 0
Aug 14, 2023

10-Q filing | 21.6M shares outstanding

22M 0
May 15, 2023

10-Q filing | 21.5M shares outstanding

22M 0
Mar 31, 2023

10-K filing | 20.1M shares outstanding

20M 0
Nov 14, 2022

10-Q filing | 21.5M shares outstanding

22M 0
Aug 15, 2022

10-Q filing | 19.1M shares outstanding

19M 0
Jul 22, 2022

8-K filing: MHW exercised warrants to purchase 1,883,326 shares of common stock of TSS, Inc., with the company receiving approximately $367,000 from the exercise. ($0.37M proceeds)

19M 0
May 16, 2022

10-Q filing | 18.9M shares outstanding

19M 0
Mar 30, 2022

10-K filing | 18.4M shares outstanding

18M 0
Nov 15, 2021

10-Q filing | 18.5M shares outstanding

18M 0
Aug 16, 2021

10-Q filing | 18.3M shares outstanding

18M 0
May 17, 2021

10-Q filing | 19.5M shares outstanding

19M 0
Mar 29, 2021

10-K filing | 17.8M shares outstanding

18M 0
Nov 16, 2020

10-Q filing | 17.8M shares outstanding

18M 0
Aug 14, 2020

10-Q filing | 17.8M shares outstanding

18M 0
May 15, 2020

10-Q filing | 17.7M shares outstanding

18M 0
Mar 24, 2020

10-K filing | 17.4M shares outstanding

17M 0
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