KOSS CORP company info

CIK 56701
IRS Number 391168275
State of incorporation DE
Business address 4129 N PORT WASHINGTON AVE
None
MILWAUKEE
WI
53212
Mail address 4129 N PORT WASHINGTON AVE
None
MILWAUKEE
WI
53212

Short summary

KOSS CORP is a Wisconsin company, with head office located at 4129 N Port Washington Ave Milwaukee, Wisconsin 53212. The company achieved a record breaking net income in 2012 - 5.43 million USD. In 2018 the company owned a total of 23.24 million USD worth of assets, including 12.91 million USD worth of current assets. 2012 was the year when the company amassed the most assets.

KOSS CORP Income Statement

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Revenue, Net 41.5237.8735.7623.8424.2326.0024.0523.52
Cost of Goods and Services Sold 24.6623.3322.7617.8215.7817.0617.1616.9315.02
Gross Profit 16.8614.5313.01-0.288.458.946.906.566.82
Selling, General and Administrative Expense 11.4312.1212.9510.477.907.967.606.946.42
Research and development 0.901.311.441.0200.090.210.43
Operating Expenses 10.6110.645.379.727.94
Operating Income (Loss) 6.253.897.64-10.000.51-0.360.40
Interest expense 0.010.010.000.01
Income Tax Expense (Benefit) 1.941.102.27-4.400.020.870.193.04-0.03
Net income 5.43-5.550.481.39-0.96-3.390.43

KOSS CORP Balance Sheet

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Cash and cash equivalents 0.130.160.050.861.901.000.740.431.082.23
Accounts Receivable, Net, Current 6.025.3312.193.162.823.533.934.713.66
Inventories 7.879.4010.507.057.188.608.356.146.85
Deferred income taxes 1.030.961.172.582.051.83
Property, Plant and Equipment, Gross 8.068.128.568.919.218.899.128.508.61
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 4.985.386.227.077.627.377.717.367.72
Other Assets, Noncurrent 6.607.238.889.079.489.43
Total assets 27.4128.7535.2324.3922.4324.1223.4222.7823.24
Current assets 15.6216.1225.1815.9513.6113.7312.9512.1712.91
Accounts payable 3.644.602.692.462.171.972.241.431.44
Taxes Payable, Current 0.601.152.730.180
Standard Product Warranty Accrual 1.021.161.131.110.720.530.480.380.38
Total current liabilities 7.688.5710.576.493.753.573.393.163.00
Deferred Revenue, Noncurrent 0.170.16
Total liabilities 11.9611.6513.849.156.075.935.858.578.16
Common Stock, Value, Issued 0.040.040.040.040.040.040.040.040.04
Retained Earnings (Accumulated Deficit) 13.2614.4318.0911.2111.6913.0812.118.418.85

KOSS CORP Cash Flow

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Net income 5.43-5.550.481.39-0.96-3.390.43
Amortization of Intangible Assets 00.141.560.360
Depreciation and amortization 0.560.700.840.730.560.490.500.530.43
Deferred Income Tax Expense (Benefit) 1.220.340.73-2.610.280.700.173.04-0.01
Accounts receivable 1.92-0.686.87-9.21-0.310.740.400.77-1.03
Inventories -0.591.531.100.010.131.41-0.25-2.210.71
Accounts payable -1.150.84-1.92-0.47-0.29-0.210.28-0.810.01
Net Cash Provided by (Used in) Operating Activities 1.031.41
Payments to Acquire Property, Plant, and Equipment 1.420.350.660.540.330.450.400.250.19
Net Cash Provided by (Used in) Investing Activities -0.38-0.31
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -2.63-1.85-0.91-0.78-0.56-0.58-0.54-0.38
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.440.480.580.680.630.44
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.440.480.580.680.630.44
Net Cash Provided by (Used in) Financing Activities 0.05
Cash and Cash Equivalents, Period Increase (Decrease) 0.651.15