Kid Brands reports January net loss down to $18,163 on zero revenue

By Kali Hays

New York, April 24 – Kid Brands, Inc. marked a net loss of $18,163 for January on zero revenue, according to its monthly operating report filed April 24 with the U.S. Bankruptcy Court for the District of New Jersey.

For December, Kid Brands reported $184,216 net loss, also on zero net revenue.

The company had $656,359 in cash and equivalents as of Jan. 31, remaining unchanged from the end of December.

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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