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Published on 10/25/2023 in the Prospect News Distressed Debt Daily.

Do Good Foods debtors see $5.22 million operating loss for September

By Sarah Lizee

Olympia, Wash., Oct. 25 – KDC Agribusiness LLC, which does business as Do Good Foods, and its affiliated debtors reported a $5.22 million operating loss for September on $1.73 million revenue, according to a monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for the period was $8.87 million.

The debtors had $4.21 million in cash at the end of the month.

KDC Agribusiness is a food waste recycling company based in Bedminster, N.J. The company filed bankruptcy on June 14 under Chapter 11 case number 23-10786.


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