Document Security Systems Inc (DSS) 10-Q Quarterly Report November 2022

Cover - shares	9 Months Ended
Cover - shares	Sep. 30, 2022	Nov. 09, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2022
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	001-32146
Entity Registrant Name	DSS, INC.
Entity Central Index Key	0000771999
Entity Tax Identification Number	16-1229730
Entity Incorporation, State or Country Code	NY
Entity Address, Address Line One	275Wiregrass Pkwy
Entity Address, City or Town	WestHenrietta
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	14586
City Area Code	(585)
Local Phone Number	325-3610
Title of 12(b) Security	Common Stock, $0.02 par value per share
Trading Symbol	DSS
Security Exchange Name	NYSE
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		139,017,172

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Inside Document Security Systems Inc's 10-Q Quarterly Report:

Revenue - Product Highlight
It was reported that the new $30 million investment would have the potential to exponentially increase Sharing Services sales channels and substantially expand its product portfolio, and to position Sharing Services to capitalize on consolidation and roll up opportunities of other direct selling companies.

Other - Other Highlight
As discussed in our Annual Report on Form 10-K/A for the year ended December 31, 2021, the Company has a remediation plan and is committed to maintaining a strong internal control environment and believes that these remediation efforts will represent significant improvements in our controls.
Financial - Shares Highlight
DSS Securities executed two separate transactions that were designed to grow the securities division by signing a binding note and stock exchange letter of intent to own 7.5% of the issued and outstanding shares of WestPark and acquiring 24.9% of BMICI through a purchase agreement.
Other - Other Highlight
Mr. John "JT" Thatch, DSS's Lead Independent Director and as well the CEO of SHRG is on the SHRG Board, along with Mr. Heng Fai Ambrose Chan, DSS's Executive Chairman of the board of directors (joined the SHRG Board effective May 4, 2020), and Mr. Frank D. Heuszel, the CEO of the Company (joined the SHRG Board effective September 29, 2020).
Financial - Shares Highlight
On May 17, 2022, the shareholders of the Company approved the issuance of up to 21,366,177 Shares our Common Stock to Alset International Limited ("Alset International"), a related party, to purchase the Convertible Promissory Note issued by American Medical REIT, Inc. with a principal amount of $8,350,000 and accrued but unpaid interest of $367,400 through May 15, 2022.
Other - Other
This business sector has already...Read more
Revenue - Product
Sales and marketing increased 193%...Read more
Other - Other
Management has also concluded that...Read more
M & A - Other
APB intends to continue to...Read more
Financial - Income
Rental income increased 707% and...Read more
Revenue - Geography
In the joint announcement, Sharing...Read more
Revenue - Product
Decentralized's financing was made as...Read more
Revenue - Geography
The JV leverages the operational...Read more
Revenue - Geography
The Trust currently consists of...Read more
Revenue - Product
The Company's Direct Marketing revenues...Read more
Other - Other
The purchase price has been...Read more
Other - Other
The purchase price has been...Read more
Financial - Shares
On March 1, 2021, Decentralized...Read more
Financial - Shares
Through a series of transactions,...Read more
Other - Other
Direct specializes in marketing and...Read more
Revenue - Product
For the three and nine...Read more
Other - Other
Therefore, even those systems determined...Read more
Financial - Shares
With this purchase, DSS increased...Read more
Financial - Shares
On January 25, 2022, the...Read more
Other - Other
This change became effective on...Read more
Other - Other
29 On February 8, 2021,...Read more
Other - Other
(8) The Secure Living division...Read more
Other - Other
As to the wealth component,...Read more
Other - Other
Upon the exercising of this...Read more
Revenue - Geography
Commercial Lending: ("Commercial Lending") through...Read more
Other - Other
Aimed at providing consistent returns...Read more
M & A - Other
(2) The Biotechnology business line...Read more
Financial - Income
Each of these business lines...Read more
Other - Other
While changes in the Company's...Read more
Other - Other
(9) The Alternative Energy group...Read more
Other - Other
From this financial platform, the...Read more
Revenue - Product
The Company markets its products...Read more
M & A - Other
As to the happiness component,...Read more
Financial - Expense
Other operating expenses consist primarily...Read more
Financial - Debt
Gain on extinguishment of debt...Read more
Financial - Shares
Mr. Heng Fai Ambrose Chan,...Read more
Revenue - Product
Gain on sale of assets...Read more

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Material Contracts, Statements, Certifications & more

Document Security Systems Inc provided additional information to their SEC Filing as exhibits

Exhibit 3.1: Articles Of Incorporation

Exhibit 3.2: Articles Of Incorporation

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 32.1: Section 1350 Certification

Exhibit 32.2: Section 1350 Certification

Ticker: DSS
CIK: 771999
Form Type: 10-Q Quarterly Report
Accession Number: 0001493152-22-032148
Submitted to the SEC: Mon Nov 14 2022 4:41:52 PM EST
Accepted by the SEC: Mon Nov 14 2022
Period: Friday, September 30, 2022
Industry: Paperboard Containers And Boxes