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Published on 1/24/2024 in the Prospect News Distressed Debt Daily.

MediaMath debtor reports $265,002 loss from operations for December

By Sarah Lizee

Olympia, Wash., Jan. 24 – MediaMath Holdings, Inc. debtor MediaMath, Inc. reported a $265,002 loss from operations for December on $169,256 total revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for December was $3.93 million.

The company had $5.58 million in cash and cash equivalents at the end of December.

The New York-based company develops digital advertising media and data management technology solutions for advertisers. The company filed bankruptcy on June 30, 2023 under Chapter 11 case number 23-10882.


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