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Kid Brands ends February with net loss of zero, no reported revenue
By Kali Hays
New York, June 17 – Kid Brands, Inc. posted a net loss and net revenue of zero for February, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of New Jersey.
For January, Kid Brands reported an $18,163 net loss, also on zero net revenue.
The company had $606,614 in cash and equivalents as of Feb. 28, dropping from $656,359 at the end of January.
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, 2014. The Chapter 11 case number is 14-22582.
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