Kid Brands net loss grows to $248,863 in November with zero revenue

By Kali Hays

New York, Dec. 23 – Kid Brands, Inc. reported a net loss of $248,863 for November on zero revenue, according to its monthly operating report filed Dec. 23 with the U.S. Bankruptcy Court for the District of New Jersey.

In comparison, Kid Brands posted a net loss of $214,683 for October, also on zero revenue.

The company also had $667,004 in cash and cash equivalents as of Nov. 30, a slight increase from $650,719 at the end of October.

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

© 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.