F&H Acquisition marks $38,000 loss from operations, zero revenue

By Kali Hays

New York, Oct. 9 – F&H Acquisition Corp. reported an operational loss of $38,000 on zero net sales for the period of July 16 through Aug. 12, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, F & H had an operational loss of $360,000 for June 18 through July 15, also on zero net sales.

The net loss for the period was $38,000, down from $360,000 in the July period.

The company also reported $4.53 million of cash and cash equivalents as of Aug. 12, increasing from $4.11 million at July 15.

F&H Acquisition, a Wichita, Kan.-based owner and operator of Fox and Hound, Champs and Bailey’s restaurants, filed for bankruptcy on Dec. 16. The Chapter 11 case number is 13-13220.

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