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GigaMonster Networks reports $540,059 net loss for February
By Sarah Lizee
Olympia, Wash., March 27 – GigaMonster Networks, LLC reported a $540,059 net loss for February on $1.28 million of gross income or sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company reported a $571,031 net loss for January on $786,972 of gross income or sales.
The cash balance at the end of February was $4.89 million, up from $3.13 million at the end of January.
The Marietta, Ga.-based internet provider filed bankruptcy on Jan. 16 under Chapter 11 case number 23-10051.
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