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Nellson Nutraceutical reports negative $45,050 in EBITDA for May 4 to June 1
By Caroline Salls
Pittsburgh, June 19 - Nellson Nutraceutical, Inc. posted negative $45,050 in EBITDA for the period of May 4 to June 1 on zero sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company reported negative $188,418 in EBITDA for the month ended May 3, also on zero sales.
The net operating loss for the latest period was also $45,050, narrowing from a $188,418 net operating loss for the previous period.
Cash and marketable securities on June 1 were $22.34 million, compared with $22.6 million on May 4.
Nellson, an Irwindale, Calif., nutrition bar and powder manufacturer, filed for bankruptcy on Jan. 28, 2006. Its Chapter 11 case number is 06-10072.
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