Parts iD reports $4.2 million net loss for January

By Sarah Lizee

Olympia, Wash., Feb. 21 – Parts iD, Inc. reported a $4.2 million net loss for January on $3.89 million gross income/sales, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

The cash balance at the end of the month was $160,438.

Parts iD is a Cranberry, N.J.-based digital commerce company specializing in the U.S. automotive aftermarket and the adjacent complex parts markets. It filed bankruptcy on Dec. 26 under Chapter 11 case number 23-12098.

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