XML 120 R18.htm IDEA: XBRL DOCUMENT
v3.21.2

Income Taxes | 6 Months Ended
--- | ---
Jun. 30, 2021
Income Taxes |
Income Taxes | 12. Income Taxes Our effective tax rate for the six-month ended June 30, 2021 was 17.3%. There was no tax provision for June 30, 2020 due to the expected tax benefit from net operating losses (NOLs) being fully offset by an increase in the valuation allowance. The Company recorded a discrete tax expense in the six-month period ended June 30, 2021, of $83,000 reducing the tax benefit from our forecasted annual effective tax rate. This discrete item relates to the tax effect of the GAAP over tax basis of a subsidiary that was sold in the six-month period ended June 30, 2021. As of December 31, 2020, the Company has domestic net operating loss (“NOL”) carryforwards of approximately $56.7 million. The utilization of these NOLs is limited under Sec. 382 of the Internal Revenue Code. A valuation allowance has been recorded to reduce the deferred tax asset to the expected realizable amount, leaving $2.1 million available for use. As of June 30, 2021, no benefit for losses incurred by our foreign subsidiaries have been recorded as those losses are not anticipated to provide any tax benefits in future periods. There were no unrecognized tax benefits related to uncertain tax positions at June 30, 2021 and December 31, 2020. As a result of our operations, we file income tax returns in various jurisdictions including U.S. federal, U.S. state and foreign jurisdictions. We are routinely subject to examination by taxing authorities in these various jurisdictions. At June 30, 2021, there are no ongoing income tax audits.

X
- References No definition available. + Details
Name: | DSS_DisclosureIncomeTaxesAbstract
Namespace Prefix: | DSS_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Income Taxes Text Block. + References No definition available. + Details
Name: | DSS_IncomeTaxesTextBlock
Namespace Prefix: | DSS_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration