E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/25/2023 in the Prospect News Distressed Debt Daily.

Lifesize posts $1.79 million net loss, $3.04 million in cash for July

By Sarah Lizee

Olympia, Wash., Aug. 25 – Lifesize Inc. reported a $1.79 million net loss for July on $1.66 million of gross income/sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of Texas.

The cash balance at the end of the month was $3.04 million.

Lifesize is an Austin, Tex.-based provider of video conferencing and omnichannel contact center solutions. The company filed bankruptcy on May 16 under Chapter 11 case number 23-50038.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.