Kid Brands sees September net loss of $4.15 million on zero revenue

By Kali Hays

New York, Nov. 18 – Kid Brands Inc. reported a net loss of $4.15 million for September on zero revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of New Jersey.

In comparison, the company reported a net loss of $7.95 million in August, also on zero revenue.

The company had $660,159 in cash and cash equivalents as of Sept. 30, increasing from $425,795 at the end of August.

Kid Brands, an East Rutherford, N.J.-based designer, importer, marketer and distributor of infant and juvenile consumer products, filed for bankruptcy June 18 in the U.S. Bankruptcy Court for the District of New Jersey. The Chapter 11 case number is 14-22582.

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