Spring Mountain reports $1.57 million net loss for December

By Sarah Lizee

Olympia, Wash., Jan. 23 – Spring Mountain Vineyard Inc. reported a $1.57 million net loss on $198,900 gross income/sales for December, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Northern District of California.

The cash balance at the end of the month was $999,200.

The Saint Helena, Calif.-based winery filed bankruptcy on Sept. 29 under Chapter 11 case number 22-10381.

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