iPic-Gold Class Entertainment reports $97,493 net loss for February

By Caroline Salls

Pittsburgh, April 7 – iPic-Gold Class Entertainment, LLC posted a $97,493 net loss for February on zero revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, iPic reported a $195,249 net loss for January, also on zero revenue.

The company had no unrestricted cash and cash equivalents as of Feb. 29, the same as at the end of January.

iPic is a Boca Raton, Fla.-based luxury restaurant and theater company. The company filed bankruptcy on Aug. 5, 2019 under Chapter 11 case number 19-11739.

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