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MobiTV posts $19.37 million net loss on zero net revenue for June
By Sarah Lizee
Olympia, Wash., Aug. 4 – MobiTV, Inc. reported a $19.37 million net loss on zero net revenue for the June period, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
The company listed $4.54 million of unrestricted cash and equivalents.
MobiTV is an Emeryville, Calif.-based provider of live and on-demand video delivery solutions. The company filed bankruptcy on March 1 under Chapter 11 case number 21-10457.
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