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Published on 4/7/2016 in the Prospect News Distressed Debt Daily.

Arctic Sentinel, formerly Fuhu, posts $6.07 million net loss for December

By Sheri Kasprzak

New York, April 7 – Arctic Sentinel Inc., formerly Fuhu Inc., posted a net loss of $6,066,864.07 at the end of December, according to a monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

The company reported $3,597,318.07 of net revenues at the end of December and cash totaling $4,412,830.

Fuhu, based in El Segundo, Calif., makes children’s tablets and filed for bankruptcy on Dec. 7, 2015. Its Chapter 11 case number is 15-12465.


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